Nifty has formed bullish Marubozu on daily time frame.
My trade Plan for Tomorrow.
Plan I
If open as gap up / down wait for 15 min, if trend continues up ward will go long with day low as SL, Target 17800
Further will trail with SL 17800 if holds.
Plan II
If open as gap up / down wait for 15 min, if trend turns bearish, will short as day high SL with T 17500,17340 positionally.
Please let me know if I missed any thing.
PS. I am long today, will close my positions if within 15 min of opening low is breached.