PIIND : Short Oppty : 1 HR TF

PIIND : Short Oppty : 1 HR TF

Reason 1 : Reversal from Support turned Resistance Region

Reason 2 : Sharp Reversal with after strong Red hammer like candle from the sweep spot

Reason 3 : Reversal from 200 EMA was seen earlier , Hoping to see the same behaviour now

I have not traded this one since my capital is being utilised in another trades.
May go for it on Monday, 17th March . since Tomorrow is a Holi Holiday