66% adolescents in UP are fully vaccinated

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Lucknow, May 3 | Nearly 66 per cent of adolescents in Uttar Pradesh are now fully vaccinated against Covid while 63 per cent of children in the 12-14 years age group have taken the first dose, said health officials on Tuesday.

Officials said that more than 31.5 crore doses of vaccine have been administered in the state. Of these, 58.52 lakh doses have been administered in the 12-14 years age group, while 2.28 crore doses have been given in the 15-17 years age group.

The number of doses administered in the 18-44 years age group is 19.99 crore, while 6.12 crore doses have been provided in the 45-60 years age group. In the elderly group, 3.55 crore doses have been administered.

The health department’s data also shows that the entire adult population has been given at least one dose while 88 per cent are fully vaccinated.

In the category of 15-17 years, 66 per cent of the children are fully vaccinated, while in the paediatric age group, 63 per cent have taken the first dose.

Meanwhile, 193 new cases and 159 recoveries have been reported in the past 24 hours taking the total number of active cases to 1,621 in the state.

Source: IANS

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Weekly Technical Share Market Outlook

Weekly Technical Share Market Outlook

The Indian market recovered sharply on the last trading day amid the weekend after a continuous fall. Market has managed to halt above 16000 Nifty levels after continuous losing streak. Index reacted violently, grasping Indian as well as global factors throughout the week. Simultaneously, Inflation is catching up and profit margins are taking a hit.

 

Sensex advanced 1532 points or 2.90 percent while Nifty gained 484 points or 3.07 percent in a week. Simultaneously, Bank nifty has overcome bear’s dominance ending the session with 3.49 percent gain. Sectorally,Nifty Metal saw the highest gains of 7.40 percent followed by the Realty and Auto added over 4% gain. On the flip side Nifty IT tumbled 2.82 percent on weekly basis. Midcap and Small Cap measures rising nearly 2 percent as well.

In Nifty stock, EICHERMOT gained 11.31% while TECHM lost 5.98% on a weekly basis. INDIA VIX closes at 23.10 suggests volatility driven market is going to remain intact. Coming to the OI Data, on the call side highest OI witnessed at 17000 Nifty followed by 16800 Nifty strike price while on the put side, the highest OI was at 16000 Nifty followed by 15800 Nifty strike price. Technically, Nifty has formed a Tweezer Bottom type pattern in the weekly chart suggesting a short term buying rally may drive the market until monthly expiry. On the daily chart, price has rebounded from the lower Bollinger band as well.

Momentum indicators MACD & Stochastic were trading with a positive crossover & reversed from oversold zone. However, Index is still struggling to get the support of 50 Simple Moving Average in daily chart. Short term investors and traders are advised to work with option strategies to neutralize the volatility. Overall, Nifty is having support at 15700 mark while on the upside 16700 followed by 16500 may act as an immediate resistance. While Bank nifty has support around 32500 while resistance is placed at 36000 on weekly chart.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India

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