Nifty Spot-Weekly Levels & Trading Strategy(Aug 22 to Aug 26,2011)

Nifty Spot-Weekly Levels

R3 5388
R2 5260
R1 5052
Avg 4924
S1 4716
S2 4588
S3 4380

Nifty Spot-Weekly Trading Strategy 

H6 5184     Trgt 2
H5 5107     Trgt 1
H4 5029     Long breakout
H3 4937     Go Short
H2 4906
H1 4875
L1 4814
L2 4783
L3 4752     Long
L4 4660     Short Breakout
L5 4582     Trgt 1
L6 4505     Trgt 2