Here's a beautiful account of price action. The scrip in consideration is Bharti Artl. Please refer 5-minute chart below. Price opened with a bearish candle. Open candle had wicks on both sides. The second candle had huge up wick which almost kissed the supply zone of 728.25.
Recapping, price had breached 723 low (marked in chart) in the last half an hour of previous session. This morning price moved sideways around 723 low zone marked by horizontal box. Price found resistance 2nd time near 'p' again at 9:50 A.M. That was pullback short entry.
Price plummeted till afternoon and reached 's1' level. In this fall, weekly pivot 'S1' did play the role of hurdle. But bears were able to take price down.
On November 22nd Price had opened with huge Gap up (not shown here). The gap was filled today. I have marked the candle that filled the Gap. This was a major event. Price took support at 's1' and offered a buy opportunity. It was a beautiful opportunity. RSI was near the floor of Bullish region. Price swiftly rose 20 points. That was huge. I didn't know this. Only later, I found that a huge gap had been filled today.