HDFC Life - Good Chart on weekly timeframe

There has been single side move on weekly timeframe since Apr 2019. Now expecting correct to happen at least till 38% (530) or 50% (494) Fibonacci levels, that would be good buying opportunity.
But not sure it would come to that level or not.
On weekly chart it is closed below 50 EMA
HDFCLIFEMoving AveragesSupport and ResistanceTrend Lines

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