Nifty Spot-Weekly Levels & Trading Strategy(Jul 18 to Jul 22,2011)

Nifty Spot-Weekly Levels

R3 5814.67
R2 5734.33
R1 5657.67
PIVOT 5577.33
S1 5500.67
S2 5420.33
S3 5343.67

Nifty Spot-Weekly Trading Strategy 

H6 5740     Trgt 2
H5 5703     Trgt 1
H4 5667     Long breakout
H3 5624     Go Short
H2 5609
H1 5595
L1 5566
L2 5552
L3 5537     Long
L4 5494     Short Breakout
L5 5458     Trgt 1
L6 5421     Trgt 2