Nifty Spot-Weekly Levels & Trading Strategy(Jul 30 to Aug 03,2012)

Nifty Spot-Weekly Levels

R3 5296
R2 5230
R1 5164
PIVOT 5098
S1 5032
S2 4966
S3 4900

Nifty Spot-Weekly Trading Strategy

H6 5232     Trgt 2
H5 5202     Trgt 1
H4 5171     Long breakout
H3 5135     Go Short
H2 5123
H1 5111
L1 5086
L2 5074
L3 5062     Long
L4 5026     Short Breakout
L5 4995     Trgt 1
L6 4965     Trgt 2