it is trading near it's 20M MA.
it has not traded far below 20M MA in the past 12 years.
it was below 20M MA for 3Quarters for less than 8% fall from 20M MA.
12Y Fibonacci retracement shows 23% retracement level is placed at 7029, however current levels could act as support by looking at past trend.
it has not traded far below 20M MA in the past 12 years.
it was below 20M MA for 3Quarters for less than 8% fall from 20M MA.
12Y Fibonacci retracement shows 23% retracement level is placed at 7029, however current levels could act as support by looking at past trend.