NIFTY FUTURE ON 07/03/2011 - 11/03/2011 - WEEKLY TREND

LAST WEEK OUR MARKETS OPEN ON 5327.1 HIGH WAS ON FRIDAY 5611.70 AND THE  LOW  WAS ON MONDAY  5310  AND CLOSED ON 5535.95 HAVING WEEKLY GAIN OF 221 POINTS FORM THE PREVIOUS WEEK.
 
SO WHAT ABOUT THIS WEEK ?

NIFTY FUTURE ON 07/03/2011 - 11/03/2011 - 
WEEKLY TREND

OUR MARKETS HAVE A STORNG RESISTIENCE AT 5590 AND 5650 LEVELS THIS WEEK. IF IT IS BREACHED THEN MARKET MAY GO UP TO 5690 - 5750 LEVELS IN THIS WEEK.

STRONG SUPPORTS ARE AT 5380 AND 5320 LEVELS IF IT IS BRACHED  MARKETS MAY GO TO 5210 - 5090  LEVELS IN THIS WEEK. 

ANY WAY THE TURNING POINT IS 5470 LEVELS ABOVE THIS POSITIVE BELOW THIS MARKETS ARE WEAK.

THIS WEEK MARKET MAY CAME DOWNSIDE I THINK. IT MAY CAME UP TO 5400 LEVELS WITHOUT ANY NEWS. IF NEWES ARE THERE IT MAY MORE.