Stock Market Forecast for the Coming Week (11th April ’11)

Nifty future opened on firm node this week and made a high of 6k, but was not able to hold higher levels and fall down and took support @ 5831 levels and finally closed down by 0.03% WOW basis@ 5859.30.

For the coming week , whenever nifty future will not sustains its 6020 levels it will not go more upside so for coming days nifty future have immediate resistance @ 5950-6020 and if maintains 6020 then it  can go 6080 soon.

Nifty future support comes @ 5790-5740 and 5690 for coming week.