Nifty Spot-Weekly Levels & Trading Strategy(Apr 16 to Apr 20,2012)

Nifty Spot-Weekly Levels

R3 5401
R2 5353
R1 5280
Avg 5232
S1 5159
S2 5111
S3 5038

Nifty Spot-Weekly Trading Strategy 

H6 5328     Trgt 2
H5 5301     Trgt 1
H4 5273     Long breakout
H3 5240     Go Short
H2 5229
H1 5218
L1 5195
L2 5184
L3 5173     Long
L4 5140     Short Breakout
L5 5112     Trgt 1
L6 5085     Trgt 2