Markets saw a disappointing week due to political and global uncertainty and settled on a negative note around their crucial levels. Nifty future has made a lower consolidation pattern according to which bearish signs are foreseen. On weekly charts, if it holds in the support range of 5550-5480 then it may find its next major support around the trend line around 5340. On higher side 5700 will resist it to move further while volatility will be affected due to major key events of IIP & Infy results.