Nifty Spot-Weekly Levels & Trading Strategy(Aug 29 to Sep 02,2011)

Nifty Spot-Weekly Levels

R3 5148
R2 5057
R1 4902
Avg 4811
S1 4656
S2 4565
S3 4410

Nifty Spot-Weekly Trading Strategy 

H6 4994     Trgt 2
H5 4938     Trgt 1
H4 4882     Long breakout
H3 4814     Go Short
H2 4792
H1 4769
L1 4724
L2 4701
L3 4679     Long
L4 4611     Short Breakout
L5 4555     Trgt 1
L6 4499     Trgt 2