Currently i am seeing 3 levels of support. 1. Current retracement level is at 50% (22600), and just on the top of resistance levels of Q3 2024. 2. next support possibly at 61% retracement (21600-21700), which also falls on the trend line which passes through peaks of Oct'21 and Sep'23 interestingly cuts through the gap-up in Dec'23 3. final level of support is 78% retracement (20400-20500), which finally fills the Gap-up in Dec'23.
Hopefully it should reverse from the current levels, but it should not go beyond 20500 level which is 78% retracement.