NIFTY : After a made a low of 4675 in last week, some buying were saw and resulted more than 150 points moved from the lower level. Over all trend is down and we may consider strong support exit 200 DMA are 4676, break and close below likely test 4538-4475-4400-4350. Higher level it will face continue resistance are 4930-5000-5024.

Trend Decider of this week are 4782, support are 4715 4600, resistance 4896 4963.

Today support are 4780, below it will come down up to 4750, thereafter major weakness can not be ruled out, higher level resistance are 4840-4850.

BSE:
Time being support are established of 16550 higher level resistance to be watch out 16200, successfully crossover will take up to 16450-16500 level, whereas the supply can not be ruled out.

Trend Decider of this week are 16002, support are 15802-15451, resistance are 16353 16553.

Today resistance are 16100-16150, down side support are 15980-15950, decisively break will further weakness.

CNX IT: Trend Decider of this week are 5574, support are 5467, 5288 resistance are 5752-5858.

Above 5500 looks good and hold your long position too, higher level resistance are 5800.

BANK NIFTY:

Trend Decider of this week are 8332 support 8203-8018 resistance are 8523-8646.

Today resistance are 8500 and rise to selling opportunity.

GLOBAL MARKET

DOW : Over all trend is bullish but it must hold 9800 level in coming days, higher level resistance are 10200, its need to strong close above these levels to negated the bearish view.

Knowledge Centre

What Does Abnormal Return Mean?

A term used to describe the returns generated by a given security or portfolio over a period of time that is different from the expected rate of return. The expected rate of return is the estimated return based on an asset pricing model, using a long run historical average or multiple valuation.

Answer
An abnormal return can be either a good or bad thing, as it is merely a summary of how the actual returns differ from the predicted return. For example, earning 30% in a mutual fund that is expected to average 10% per year would create a positive abnormal return of 20%. If, on the other hand, the actual return was 5%, this would generate a negative abnormal return of 5%.

How to Trade

Nifty Future Today

Monthly Trend Decider - 4782

Support are 4715-4600

Strong Resistance -4896-4963

Consider support are 4780-4760-4750, higher level resistance are 4840-4850 to be watch out.

RELIANCE:

Trend Decider of this week are 1003, resistance 1032-1048, support 987-859. Consider support are 980, higher level resistance are 1020, 1030, thereafter.........

ONGC:

Trend Decider of this week are 1104, resistance 1133-1167, support are 1070-1041. consider resistance are 1122-1125 as remain bearish view, down side target are 1070, 1020 likely

DLF :

Trend Decider of this week are 308, resistance 317-327, support are 299-290. Down side strong support are 300 and below it will come down up to 292-290, higher level resistance are 310-312 continue remain sell side.

IBREAL

Trend Decider of this week are 175. resistance 185-193, support are 168-158. Higher level resistance are 183 think to buy only above that level, otherwise sell with tight stop loss, below 167 do not remain hold in your portfolio.

BHARTI

Trend Decider of this week are 311, resistance are 322-330, support are 303-292. Continue close below 280 target 264-230 mark.

HINDALCO

Trend Decider of this week are 138, resistance are 144-149, support are 133-128. Lower level 135 to be watch out.... Below further weakness, otherwise some corrective rally can not be ruled out but it will face resistance are 142.

STERLITE :

Trend Decider of this week are 758, resistance 788-808, support are 738-709.
Down side support and stop loss 715-720 and major question whether rebound or entered in BEAR GRIP.... Check it what happened.