Power grid : Short Opportunity: 1Hr TF

Powergrid is showing a wonderful short opportunity on 1Hr TF

Reason 1- Reversal from Support turned Into resistance region as marked in the chart

Reason 2 - Struggling to Cross 200 , Reversal were seen earlier

Reason 3- Unlike Nifty it did not show any Bullishness during today’s market hours

I have shorted Mar future contract at 268.40 . Keeping SL at 274 approx