The market has experienced a breakdown from a symmetrical triangle pattern. The Relative Strength Index (RSI), which tracks price momentum, is following suit with the price and has broken below its trendline support. Additionally, the Moving Average Convergence Divergence (MACD) indicator has formed a bearish crossover.A potential short trade opportunity arises in futures, with spot prices below 2550. It’s preferable to accompany this with an equal lot hedge of a 2560 Call option, with a premium roughly between 72 and 68 (consider buying as a hedge) alongside the short trade. The price may decline to 2430 initially, and further down to 2380-2320. The stop loss should be set above 2640 on a daily close basis, and the anticipated holding duration is 2-3 days.