nuevatraders

Intraday Trade Logic

Short
NSE:CHAMBLFERT   CHAMBAL FERTILISER
1) Stock had been underperforming thereby chances of a breakout were less.
2) The RS line tanked while price was moving up.
3) 2 Shakeout attempts after the while price was moving tight in range.
4) Entry was taken on 1min. Timeframe.

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