The monthly chart is showing a double bottom pattern. As per my analysis, this will test 130 levels in near term. A long position can be taken to c capitalize on the move. Also the MACD crossover on a monthly timeline backs it up as it suggests bullish trend has started on a monthly time frame.
This analysis is only for learning purpose, invest at your own risk after doing your analysis.
This analysis is only for learning purpose, invest at your own risk after doing your analysis.