1. The stock is in potential reversal zone and the indicates indecision and could reverse from here.
2. The stock has retraced to 50% level and extended back to 23% level.
3. and indicates bearishness for near term.
4. The stock is forming lower high and lower bottom again confirming the downtrend.
One can short at this level with SL at 23% (4185) for a target of 38% (3967) and 50% (3792).
On the other hand if the stock breaks 4185 it will be sign as the stock is in long term support of 4092. So strict SL is advised.