Nothing much happening today we are still at the same level from Monday plus 4 points. This second inside day compared to Friday. Postional levels are same to Monday. As mentioned yesterday pivot level was 5704 so below it touched the first support of 5665 on nifty futures which was missed yesterday. Intraday traders can look at the levels on spot nifty to trade on Wednesday.
No trade between 5655 and 5693(To avoid whipsaws)
Buy above 5693 sl of 5673
targets 5711-5730(add positions, breakout on the upside),
5749-5767-5787-5806-5826.
Sell below 5655 sl of 5675
targets 5637-5618(add positions,breakout on the downside)
5599-5581-5562-5543-5525.
Happy Trading !!!
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