NIFTY FUTURE ON 11/04/2011 - 15/04/2011 - WEEKLY TREND

LAST WEEK OUR MARKETS OPEN AT 5865.10 HIGH WAS ON TUESDAY 6000 AND THE  LOW  WAS ON FRIDAY  5831.60  AND CLOSED AT 5854.90 HAVING WEEKLY LOSS OF 7 POINTS FORM THE PREVIOUS WEEK.
 
SO WHAT ABOUT THIS WEEK ?

NIFTY FUTURE ON 11/04/2011 - 15/04/2011 - 
WEEKLY TREND

THIS WEEK :

MARKET DEPENDS UPON GLOBEL CUES. DOWN SIDE IS POSSIBLE MOSTLY.
  
IF MARKET CAME DOWN SIDE IT FILL THE GAP AT 5570-5555 LEVELS.


OUR MARKETS HAVE RESISTIENCE AT 5918 - 5955 IN THIS WEEK. IF THRSE LEVELS  ARE BREACHED THEN MARKET MAY GO UP TO 6005 LEVELS IN THIS WEEK.

STRONG SUPPORTS ARE AT 5780 AND 5755 LEVELS THESE LEVELS ARE BRACHED  MARKETS MAY GO TO 5705  LEVELS IN THIS WEEK.  

ANY WAY THE TURNING POINT IS 5855 LEVELS ABOVE THIS POSITIVE BELOW THIS MARKETS ARE WEAK.