<b>Week Ahead:</b> Nifty to test the 3550-point level

MACRO TECHNICALS

The Nifty upside is likely to be limited to 3725-3750 points, with strong resistance at 3750.

The week began flat and ended with a big slide. The Nifty closed down by 2.94 per cent at 3,608.55 while the Sensex lost an even larger 3.53 per cent to close at 12,430 points. The Defty performed comparatively better, losing only 2.56 per cent courtesy the rupee