WORLD INDICES TRADING LEVELS FOR THE WEEK AHEAD : 19 DEC 2011

US 30 (^DJI)

BEST BUY & SUPP @ 11926 ACTUAL RESIS & BEST SHORT 12012 A BREAK ABOVE 12098 UPSIDE TGT 12288/12374 ; A CRACK BELOW 11836 DOWNSIDE TGT 11650/11564

LTP – 11752

S&P 500

BEST BUY & SUPP @ 1225 ACTUAL RESIS & BEST SHORT 1234 A BREAK ABOVE 1252 UPSIDE TGT 1265.50/1275.20 ; A CRACK BELOW 1212 DOWNSIDE TGT 11994/11564

LTP – 1204

NASDAQ (NQ 100)

BEST BUY & SUPP @ 2257 ACTUAL RESIS & BEST SHORT 2280 A BREAK ABOVE 2308 UPSIDE TGT 2355/2378 ; A CRACK BELOW 2228 DOWNSIDE TGT 2182/2160

LTP – 2214

SMALLCAP 2000

BEST BUY & SUPP @ 720 ACTUAL RESIS & BEST SHORT 729.20 A BREAK ABOVE 742 UPSIDE TGT 758/768 ; A CRACK BELOW 708 DOWNSIDE TGT 690/680

LTP – 709.20

GERMANY 30 (DAX)

BEST BUY & SUPP @ 5780 ACTUAL RESIS & BEST SHORT 5846 A BREAK ABOVE 5906 UPSIDE TGT 6056/6122 ; A CRACK BELOW 5716 DOWNSIDE TGT 5568/5504

LTP – 5670

UK 100 (FTSE)

BEST BUY & SUPP @ 5428 ACTUAL RESIS & BEST SHORT 5465 A BREAK ABOVE 5496 UPSIDE TGT 5586/5624 ; A CRACK BELOW 5386 DOWNSIDE TGT 5305/5268

LTP – 5365

FRANCE 40 (CAC 40)

BEST BUY & SUPP @ 3044 ACTUAL RESIS & BEST SHORT 3090 A BREAK ABOVE 3142 UPSIDE TGT 3242/3288; A CRACK BELOW 2992 DOWNSIDE TGT 2893/2846

LTP – 2974

EU STOXX 50

BEST BUY & SUPP @ 2248 ACTUAL RESIS & BEST SHORT 2279 A BREAK ABOVE 2316 UPSIDE TGT 2383/2414 ; A CRACK BELOW 2196 DOWNSIDE TGT 2144/2113

LTP – 2202

NETHERLANDS 25 (AEX)

BEST BUY & SUPP @ 296 ACTUAL RESIS & BEST SHORT 298 A BREAK ABOVE 302.60 UPSIDE TGT 307/309; A CRACK BELOW 392 DOWNSIDE TGT 287/285

LTP – 293.90

SPAIN 35 (^IBEX)

BEST BUY & SUPP @ 8327 ACTUAL RESIS & BEST SHORT 8433 A BREAK ABOVE 8568 UPSIDE TGT 8779/8886 ; A CRACK BELOW 8182 DOWNSIDE TGT 7980/7873

LTP – 8253

ITALY (IT MIB 40)

BEST BUY & SUPP @ 14826 ACTUAL RESIS & BEST SHORT 15070 A BREAK ABOVE 15306 UPSIDE TGT 15861/16106 ; A CRACK BELOW 14636 DOWNSIDE TGT 14034/13789

LTP – 15548

SWITZERLAND 20 (^SSMI)

BEST BUY & SUPP @ 5756 ACTUAL RESIS & BEST SHORT 5788 A BREAK ABOVE 5816 UPSIDE TGT 5893/5925 ; A CRACK BELOW 5718 DOWNSIDE TGT 5650/5618

LTP –  5768    

JAPAN NI 225 (NIKKEI)

BEST BUY & SUPP @ 8492 ACTUAL RESIS & BEST SHORT 8563 A BREAK ABOVE 8620 UPSIDE TGT 8795/8867 ; A CRACK BELOW 8356 DOWNSIDE TGT 8260/8188

LTP – 8296

AUSTRALLIA (AUS 200)

BEST BUY & SUPP @ 4172 ACTUAL RESIS & BEST SHORT 4208 A BREAK ABOVE 4256 UPSIDE TGT 4326/4363 ; A CRACK BELOW 4106 DOWNSIDE TGT 4053/4016

LTP - 4060

HONK KONG (HANG SEN 40)

BEST BUY & SUPP @ 18281 ACTUAL RESIS & BEST SHORT 18533 A BREAK ABOVE 18862 UPSIDE TGT 19352/19604 ; A CRACK BELOW 18006 DOWNSIDE TGT 17462/17210

LTP – 18070

BRAZIL IBOVESPA (^BVSP)

BEST BUY & SUPP @ 56908 ACTUAL RESIS & BEST SHORT 57414 A BREAK ABOVE 57956 UPSIDE TGT 59055/59562; A CRACK BELOW 56556 DOWNSIDE TGT 55266/54759

LTP – 55298

RUSSIA (MICEX)

BEST BUY & SUPP @ 1364 ACTUAL RESIS & BEST SHORT 1387 A BREAK ABOVE 1420 UPSIDE TGT 1466/1490 ; A CRACK BELOW 1336 DOWNSIDE TGT 1285/1261

LTP –   1382

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