Bank Nifty(Dec Fut)-Levels & Trading Strategy for 16-12-2011

Bank Nifty(Dec Fut)-Levels

R3 8689
R2 8606
R1 8528
Avg 8445
S1 8367
S2 8284
S3 8206

Bank Nifty(Dec Fut)-Trading Strategy

H6 8612     Trgt 2
H5 8575     Trgt 1
H4 8538     Long breakout
H3 8494     Go Short
H2 8479
H1 8464
L1 8435
L2 8420
L3 8405     Long
L4 8361     Short Breakout
L5 8324     Trgt 1
L6 8287     Trgt 2