This one is coming down in ERC , its very likely continue the trend to further down side , One can Look for selling short in Futures on CMP 538.50 with stop closing basis 545 , once price makes to 527 put it to Brake even , do not close it for small profits , You might want to see weather it will reverse and make one more move up or it will continue , suppose if it brakes 527 and moves on then You are in Good long Profitable trade , if price reversed and take you out its Zero loss trade ,