Technically it is forming a lower high lower low structure on a lower time frame which indicates that the stock is in downtrend and with this it is also forming head and shoulder formation with the head exactly at 2.618 fib ratio. Thus, taking a short position is more favorable than long ones due their higher probability rate for success here according to these indicators with the 14-day RSI confirming the trend. A sell position can be taken with a closing below 3600 with a Sl of 3630 and a downside target of 3530 and 3470. Confirmation from other tools like Fibonacci Retracement levels & 14-day RSI provide additional support towards my assessment being correct; suggesting further confirmation before executing the trade.