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Intraday Trade Logic

Short
CHAMBAL FERTILISER (NSE:CHAMBLFERT)  
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NSE:CHAMBLFERT   CHAMBAL FERTILISER
Trend Analysis Technical Indicators shortsetup intradaytrade intraday stocktrading
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trendanalysis indicator shortsetup intradaytrade intraday stocktrading
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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