Nifty Spot-Weekly Levels & Trading Strategy(May 07 to May 11,2012)

Nifty Spot-Weekly Levels

R3 5431
R2 5355
R1 5221
Avg 5145
S1 5011
S2 4935
S3 4801

Nifty Spot-Weekly Trading Strategy 

H6 5297     Trgt 2
H5 5250    Trgt 1
H4 5202     Long breakout
H3 5144     Go Short
H2 5125
H1 5106
L1 5067
L2 5048
L3 5029     Long
L4 4971     Short Breakout
L5 4923     Trgt 1
L6 4876     Trgt 2