Nifty(Aug Fut)-Levels & Trading Strategy for 16-08-2011

Nifty(Aug Fut)-Levels

R3 5285
R2 5233
R1 5156
Avg 5104
S1 5027
S2 4975
S3 4898

Nifty(Aug Fut)-Trading Strategy

H6 5208     Trgt 2
H5 5179     Trgt 1
H4 5149     Long breakout
H3 5114     Go Short
H2 5102
H1 5090
L1 5067
L2 5055
L3 5043     Long
L4 5008     Short Breakout
L5 4978     Trgt 1
L6 4949     Trgt 2