Amarajabat retracing to 0.618 level and turn bullish

Amarajabat has fall down to Daily 55 MA. It may further fall till 700.

Observation:

- retracing to 0.618 level which is 700
- Currently trading within 18 months channel and may take support at the floor of the channel which is 700

If the price doesn't break the channel downside, the price will reverse and turn bullish.