Trading plan of 3-11-11

Tomorrow nifty may open gap-up and fill a minor gap (marked in sky blue) between 5307 and 5314. 5 days volume profile chart shows a resistance in 5325-5335 zone and a support near 5255-5265 zone. So tomorrow we can trade by selling nifty below 5320 with SL at 5330 for target of 5260 or lower (preferable) and buying above 5260 with SL at 5250 for target of 5320 or higher.

Closing above 5330 can target 5400 and closing below 5260 can target 5200.

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