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Friday, 7 October 2011

Stock Market Weekly Updates - Kedar K Murdeshwar

8th October,2011 Saturday

Sensex: 16232..54 (+ 440.13)
Nifty: 4888.05 (136.75)

Gold (MCX): 26264 (- 246)
INR-USD: 49.13 (-0.02)

Dow: 11103.12
Nasdaq: 2479.35
CAC: 3095.56
Hang Seng: 17707
DAX: 5675.70
Nikkie: 8606

Nifty Support levels for Next Week are 4770,4652 and 4575
Nifty resistance levels for next week are 4964,5040 and 5158

Sensex Support levels for next week are 15869,15506 and 15267
Sensex Resistance levels for Next week are 16471,16710 and 17073

Sensex has formed a Doji formation on weekly chart.

The Difference between Sensex and Nifty this week was the Nifty opened at 4874 but closed higher at 4888.05.Sensex opened at 16255 and closed lower at 16232

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