Nifty witnessed a small support at the trend line after witnessing a major panic for the traders from some trading sessions hitting fresh lows continuously.
see more @ http://elitewealth.in/Admin/docs/20%20JAN%20-DAILY%20TECHNICAL%20VIEW.pdf
or
http://research.elitewealth.in/blog/small-relief-acted-as-big-relief-for-bulls-daily-technical-analysis/