HDFC - Look for signal before buying

HDFC is falling at a rapid pace for the time being. However, as mentioned on the chart, the RSI at 4H TF is trying to tell a different story.

The volume delivery for the last week is trending at ~65% for both the instruments which infers to increasing interest levels on the buy side

The Twins needs to be on watchlist and wait for a reversal confirmation.

this is just my observation.

Let me know your thoughts in the comments section