Price action zone at 500. Support - 500 Resistance - 520 Target 515 - 520
It near lower Bollinger band in weekly chart and volumes are low Call it fibonacci retracement or whatever its a buy for me Its currently below 365 days moving average and seems oversold it will bounce soon According to previous pattern it says it bounces if it goes marginally below 365 EMA Target 1) 175 2) 185 SL- 157
It rose on GST news Reasons for short: 1)Fibonacci Retracement 2)Red candles on Bollinger Bands top 3)Low volumes on Volume profile(This is not shown because I 'm not a pro user here) Targets based on retracement: T1) 1079 T2) 1039 T3) 1000