Nifty Spot-Weekly Levels & Trading Strategy(Oct 24 to Oct 28,2011)

Nifty Spot-Weekly Levels

R3 5175
R2 5112
R1 5136
Avg 5073
S1 5097
S2 5034
S3 5058

Nifty Spot-Weekly Trading Strategy 

H6 5200     Trgt 2
H5 5190     Trgt 1
H4 5181     Long breakout
H3 5170     Go Short
H2 5167
H1 5163
L1 5156
L2 5152
L3 5149     Long
L4 5138     Short Breakout
L5 5129     Trgt 1
L6 5119     Trgt 2