NIFTY FUTURE ON 24/01/2011 - 28/1/2011 - WEEKLY TREND

LAST WEEK OUR MARKETS OPEN ON 5640 HIGH WAS 5753.95 AND THE  LOW  WAS  5628.65  ON FRIDAY AND CLOSED ON 5700.60 HAVING WEEKLY GAIN OF 46 POINTS FORM THE PREVIOUS WEEK.
 
SO WHAT ABOUT THIS WEEK ?

NIFTY FUTURE ON 24/01/2011 - 28/01/2011 - 
WEEKLY TREND

OUR MARKETS HAVE A STORNG RESISTIENCE AT 5710 AND 5750 LEVELS THIS WEEK. IF IT IS BREACHED THEN MARKET MAY GO UP TO 5850 - 5900 LEVELS IN THIS WEEK.

STRONG SUPPORTS ARE AT 5565 AND 5520 LEVELS IF IT IS BRACHED  MARKETS MAY GO TO 5450  LEVELS IN THIS WEEK. 

ANY WAY THE TURNING POINT IS 5650 LEVELS ABOVE THIS POSITIVE BELOW THIS MARKETS ARE WEAK.