Nifty Spot-Weekly Levels & Trading Strategy(May 21 to May 25,2012)

Nifty Spot-Weekly Levels

R3 5138
R2 5047
R1 4969
Avg 4878
S1 4800
S2 4709
S3 4631

Nifty Spot-Weekly Trading Strategy 

H6 5063     Trgt 2
H5 5023     Trgt 1
H4 4983     Long breakout
H3 4937     Go Short
H2 4921
H1 4906
L1 4875
L2 4860
L3 4844    Long
L4 4798     Short Breakout
L5 4758     Trgt 1
L6 4718    Trgt 2