Stock Market Forecast for Coming Week (18th – 22nd July ’11)

Nifty future fails to maintain its last week’s up move and not able to sustain at its 5650 level  this week, closed  below 5600 mark @ 5591.25 with loss of more than 1% week on week basis.

For coming week nifty future having major resistance @ 5680 above this 5720-5780 will be the major resistance zone for market.

Support comes @ 5500 if breached this level then 5440-5370 will be the major supports for market.