Here's a price action story based on Axis Bank scrip. Please refer the 5-minute chart of the same below. Price opened with a huge bearish candle. The open candle marked in the chart also took support near a significant support zone. The supply zone also is in confluence with 'P'.
My plan was to short below support zone and 'P'. Any pullback to mid of first candle offered unfavorable Risk-Rewards ratio trade. But the price kept inching higher in the morning. Finally, price found resistance from last session. Analyzing pivot width relationship, it was overlapping higher relationship which required the price to open above CPR for bullish scenario. That didn't happen. Today's CPR was wider compared to last session. The high for the day is also at the ceiling of CPR (not shown here).
Price kept falling for the rest of the day. The pullback opportunity marked on the chart occurred at the floor of CPR. I didn't see that during live hours. Ultimately, price took off the strong support zone as well by the end of the day.