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

Nifty Spot-Weekly Levels

R3 5285
R2 5205
R1 5066
Avg 4986
S1 4847
S2 4767
S3 4628

Nifty Spot-Weekly Trading Strategy 

H6 5147     Trgt 2
H5 5098     Trgt 1
H4 5048     Long breakout
H3 4988     Go Short
H2 4968
H1 4948
L1 4907
L2 4887
L3 4867     Long
L4 4807     Short Breakout
L5 4757     Trgt 1
L6 4708     Trgt 2