Bank Nifty Spot-Weekly Levels & Trading Strategy(May 14 to May 18,2012)

Bank Nifty Spot-Weekly Levels

R3 10410
R2 10167
R1 9782
Avg 9539
S1 9154
S2 8911
S3 8526

Bank Nifty Spot-Weekly Trading Strategy 

H6 10032     Trgt 2
H5  9888     Trgt 1
H4  9743   Long breakout
H3  9570   Go Short
H2  9513
H1  9455
L1  9340
L2  9282
L3  9225    Long
L4  9052    Short Breakout
L5  8907    Trgt 1
L6  8763    Trgt 2