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

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.

İşlem aktif:

Sold at 11730

İşlem aktif:

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

İşlem elle kapatılmış:

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

Yorum:

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