ASI Index values as of [22-05-2013]
Open - 6443.40
High - 6481.16
Low - 6443.40
Closed - 6461.62
R4 6,575.34
R3 6,537.58
R2 6,499.82 ------>> Strong Resistance Level 2
R1 6,480.72 ------>> Strong Resistance Level 1
PP 6,462.06
S1 6,442.96 ------>> Strong Support Level 1 [Key Point 1]
S2 6,424.30 ------>> Strong Support Level 2 [Key Point 2]
S3 6,386.54
S4 6,348.78
Conclusion
Below R1 & R2 with targets @ S1 & S2 in extension. Above 6518.70 look for further upside with R3 & R4 as targets. ASI struck against the key resistance at R1 and remains on the downside. Yesterday also we've seen that ASI grapple with against it's strong resistance @ 6,477.09.
Thank you.