Sell Nifty (High Risk - High reward call) for F&O expiry.

Aug 28, 2018

NIFTY can fall for next two days (till F & O expiry) . Best bet for shorting is above 11750 (if its a gap up opening) when it will surely reach an overbought region.
This call is based on tentative Renko Supertrend sell signal (Not yet appeared, but a good chance of appearing tomorrow) as well as a tentative 'Overbought RSI' signal (Again not yet appeared, but very likely to happen tomorrow).
Its a very risky call & meant only for intraday or btst trader.

Aug 29, 2018

Trade active

Sold at 11730

Aug 29, 2018

Trade active

Nifty dropped to 11691 level. (Gain of +40 points)

Aug 31, 2018

Trade closed manually

Nifty dropped to 11650 level (Gain of +80 points). Closing trade due to expiry.
Position can be carried for next month as well.

Sep 4, 2018

Note

Renko trend is still continuing. Within 2 days we may find a bottom and hence reversal of trend on the bullish side.