Nifty Future levels for Wednesday:- For intraday trading on Wednesday, Nifty Futures may face immediate resistance at 5575 and a sustained cross over will take Nifty Futures to next resistance levels of 5605-5635-5670, where as 5550 will act as immediate support and a breach will lead Nifty Futures to further down side support levels of 5520-5490-5455. So traders can take long or short positions as per the above levels for the day and Investors should wait for Nifty spot to trade and close above 5550 or should wait till Nifty Spot comes down to 5100-5000 levels to slowly re-enter into markets and should avoid scam related stocks in the near term.
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