HDFC is lossing momentum and I see a gap which probably will get filled soon. Also the smart money is getting out as we can see it from OBV. So look for a bearish candlestick attern to take short entry. First target will be 0.2 fibb support level.
@Bullandbeartrading, I got them from brain CRI he always says that MACD for raw momentum and divergence, williams %R for overbought/oversold and obv for volume divergence , and take trade when you see divergence and M(for top) and W (for bottom) forming on the instrument and take entry with a candlestick pattern which helps in high R/R ratio trades