IF we take the Fibo retracement Level from the high 5181 and low of 3912 we now stand at 38.2% Retracement level.A Bounce can be accepted till 50 SMA of 4858.
Weekly Pivot 4,811
Weekly Resistance: 4,934.5 5,157.0
Weekly Support:4,465.5 4,588.8
20 Week SMA which was Resistance will now become a support lets see?