Vedanta Levels, Inverted Hammer formed on Weekly Chart

An Inverted Hammer candle formed on the top of the trend. I use the Fibonacci tool for levels.
Zone : Expansion
Trend : Negative
Probability > 65% (On Scale)
CMP : 460.80
R1 : 507.10
S1 : 436.60
S3 : 393.00

Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.