Intraday Trade Logic Short

CHAMBAL FERTILISERNSE

Description

⋅ Mar 13, 2023 5:04 AM

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.

Comments

apuroop7

⋅ Mar 14, 2023 2:42 AM

what is RS bro...?

nuevatraders

⋅ Mar 14, 2023 10:27 AM

@apuroop7, Relative Strength (Bit Different from RSI indicator)