I give below the pivot points for 21^st August 2012

Mid R3 = 5474.03   R3 = 5498.72

Mid R2 = 5428.58   R2 = 5449.33

Mid R1 = 5383.13   R1 = 5407.82

Pivot = 5358.43

Mid S1 = 5337.67  S1 = 5316.92

Mid S2 = 5292.22  S2 = 5267.53

Mid S3 = 5246.77  S3 = 5226.02

For nifty traders key support levels are 5358 and 5337 below these levels nifty may get dragged low. On the upper side 5407 is a hurdle to cross. Crossing this level could take nifty to 5428 and above.

For the followers of Gann trading system in intraday

1 2 3 Buy at/above 5383.89 Targets: 5399.55 5417.93 5436.34 Sell at/below: 5365.56 Targets: 5349.94 5331.66 5313.42
	1	2	3
Resistance:	5402.25	5420.64	5439.06