Nifty(Dec Fut)-Levels & Trading Strategy for 05-12-2011

Nifty(Dec Fut)-Levels

R3 5291
R2 5192
R1 5136
Avg 5037
S1 4981
S2 4882
S3 4826

Nifty(Dec Fut)-Trading Strategy

H6 5239     Trgt 2
H5 5202     Trgt 1
H4 5165     Long breakout
H3 5122     Go Short
H2 5108
H1 5094
L1 5065
L2 5051
L3 5037     Long
L4 4994     Short Breakout
L5 4957     Trgt 1
L6 4920     Trgt 2