WORLD INDICES TRADING LEVELS FOR THE WEEK AHEAD : 12 DEC 2011

US 30 (^DJI)

BEST BUY & SUPP @ 12077 ACTUAL RESIS & BEST SHORT 12146.20 A BREAK ABOVE 12226 UPSIDE TGT 12370.80/12440.20 ; A CRACK BELOW 11972 DOWNSIDE TGT 11852/11782.80

LTP – 12184.26

S&P 500

BEST BUY & SUPP @ 1245 ACTUAL RESIS & BEST SHORT 1254 A BREAK ABOVE 1262 UPSIDE TGT 1282/1290 ; A CRACK BELOW 1232 DOWNSIDE TGT 1218/1208

LTP – 1255.19

NASDAQ (NQ 100)

BEST BUY & SUPP @ 2303 ACTUAL RESIS & BEST SHORT 2318 A BREAK ABOVE 2326 UPSIDE TGT 2368/2384 ; A CRACK BELOW 2286 DOWNSIDE TGT 2252/2238

LTP – 2318.68

SMALLCAP 2000

BEST BUY & SUPP @ 733 ACTUAL RESIS & BEST SHORT 740.60 A BREAK ABOVE 752 UPSIDE TGT 765/772.50 ; A CRACK BELOW 722 DOWNSIDE TGT 708.50/702

LTP – 745.40

GERMANY 30 (DAX)

BEST BUY & SUPP @ 5942 ACTUAL RESIS & BEST SHORT 6028 A BREAK ABOVE 6120 UPSIDE TGT 6310/6396 ; A CRACK BELOW 5856 DOWNSIDE TGT 5662/5575

LTP – 5986.70

UK 100 (FTSE)

BEST BUY & SUPP @ 5508 ACTUAL RESIS & BEST SHORT 5555 A BREAK ABOVE 5606 UPSIDE TGT 5707/5754 ; A CRACK BELOW 5456 DOWNSIDE TGT 5356/5308

LTP – 5529.21

FRANCE 40 (CAC 40)

BEST BUY & SUPP @ 3134 ACTUAL RESIS & BEST SHORT 3176 A BREAK ABOVE 3226 UPSIDE TGT 3312/3356; A CRACK BELOW 3072 DOWNSIDE TGT 2998/2956

LTP – 3172.35

EU STOXX 50

BEST BUY & SUPP @ 2319 ACTUAL RESIS & BEST SHORT 2350 A BREAK ABOVE 2386 UPSIDE TGT 2455/2486; A CRACK BELOW 2272 DOWNSIDE TGT 2214/2182

LTP – 2342.59

NETHERLANDS 25 (AEX)

BEST BUY & SUPP @ 302 ACTUAL RESIS & BEST SHORT 304.80 A BREAK ABOVE 308 UPSIDE TGT 313.80/316.60 ; A CRACK BELOW 298.80 DOWNSIDE TGT 292.80/290.20

LTP – 304.58

SPAIN 35 (^IBEX)

BEST BUY & SUPP @ 8496 ACTUAL RESIS & BEST SHORT 8628 A BREAK ABOVE 8826 UPSIDE TGT 9058/9192 ; A CRACK BELOW 8365 DOWNSIDE TGT 8065/7932

LTP – 8649.70

ITALY (IT MIB 40)

BEST BUY & SUPP @ 15350 ACTUAL RESIS & BEST SHORT 15658 A BREAK ABOVE 15856 UPSIDE TGT 16654/16982 ; A CRACK BELOW 14856 DOWNSIDE TGT 14352/14045

LTP – 15483.91

SWITZERLAND 20 (^SSMI)

BEST BUY & SUPP @ 5736 ACTUAL RESIS & BEST SHORT 5766 A BREAK ABOVE 5808 UPSIDE TGT 5858/5888 ; A CRACK BELOW 5692 DOWNSIDE TGT 5644/5616

LTP – 5793.57

JAPAN NI 225 (NIKKEI)

BEST BUY & SUPP @ 8582 ACTUAL RESIS & BEST SHORT 8636 A BREAK ABOVE 8706 UPSIDE TGT 8808/8862 ; A CRACK BELOW 8526 DOWNSIDE TGT 8412/8356

LTP – 8536.46

AUSTRALLIA (AUS 200)

BEST BUY & SUPP @ 4242 ACTUAL RESIS & BEST SHORT 4278 A BREAK ABOVE 4326 UPSIDE TGT 4394/4430; A CRACK BELOW 4192 DOWNSIDE TGT 4128/4092

LTP - 4203

HONK KONG (HANG SEN 40)

BEST BUY & SUPP @ 18786 ACTUAL RESIS & BEST SHORT 18974 A BREAK ABOVE 19098 UPSIDE TGT 19578/19766 ; A CRACK BELOW 18580 DOWNSIDE TGT 18182/17994

LTP – 18586.23

BRAZIL IBOVESPA (^BVSP)

BEST BUY & SUPP @ 58145 ACTUAL RESIS & BEST SHORT 58692 A BREAK ABOVE 59260 UPSIDE TGT 60460/61006; A CRACK BELOW 57665 DOWNSIDE TGT 56376/55828

LTP – 58236.46

RUSSIA (MICEX)

BEST BUY & SUPP @ 1440 ACTUAL RESIS & BEST SHORT 1470 A BREAK ABOVE 1508 UPSIDE TGT 1566/1596 ; A CRACK BELOW 1392 DOWNSIDE TGT 1342.60/1312.60

LTP – 1400.10

**WHEN PRICES ARE TRADING ABOVE THE RESIS , RESIS ACTS AS CURRENT SUPPORT & VICE VERSA**