Weekly Nifty 24 to 28 Oct 2011

Last week's weekly NIfty levels posted were as follows:
Above 5133 Nifty is a buy for targets of 5169-5243 and 5328
Below 5133 Nifty is a sell for targets of 5071-5001-4956 and 4919
Nifty opened at 5160 broke 5133 immediately and reached our first and second target. LAST WEEKS POST

For the coming week we have only three days of trading. The charts suggest the following levels:

Above 5097 will target 5149.
Above 5149 will target 5394.
Below 5075 will target 4948