NIFTY went as per our plan. We planned to buy above 17100, above hammer candle high. It gave a smooth trendy move till 17300. All our targets were hit. Once again it has made a bullish candle in daily TF. Above its high can give a upside momentum.
Coming to tomorrow's trade setup, buy above 17325 if a 15 Min candle closes above this. Target will be 17400 and 17500.
No aggressive selling as of now. Below 17200 we can plan for a short trade for 100 points. If we get a pullback before breakdown then it will be an ideal short trade.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.