Can go short on HDFC Life in weak market

Bearish Bias on HDFC Life
-Below major moving averages
-Price breakdown and attempting retest
-RSI breakdown from 40 level and attempting retest
-Weak Relative Strength
-ADX -ve DMI is showing bearish strength

Wait for price action confirmation on Hourly Chart and trade set-up Entry rules
Chart PatternsTrend Analysis

Disclaimer