ADYP Healthcare Conducts Private Screening of 83 with Kapil Dev

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Ajeenkya D Y Patil Healthcare (ADYP Healthcare) conducts a private screening of movie 83 for healthcare warriors and families in presence of Legend Kapil Dev on whom this movie is based. Approximately 300 guests joined for this event organised at New Delhi. Shivdutt Das, MD & CEO, Ajeenkya D Y Patil Healthcare along with Mr. Kapil Dev welcomed the guests and watched the movie with the audience over the weekend.Legend Kapil Dev with Shivdutt Das, MD & CEO, Ajeenkya D Y Patil Healthcare at a private screening of Movie 83Talking to the press at the event, Mr. Shivdutt Das, MD & CEO, Ajeenkya D Y Patil Healthcare, said, “Ajeenkya DY Patil Group aims to provide complete holistic healthcare solutions. The group has initiated healthcare projects in the state of Delhi and details will be announced very soon.” Kapil Dev with audienceAjeenkya DY Patil Healthcare is dedicated to manage and expand the Health division of the company. It aims to provide complete healthcare ecosystem which includes but is not limited to providing major super specialities and critical care, Care giving, Research, Tele Medicine, Medical College and much more. The group is also coming up with a massive 600 bed super Speciality hospital in the heart of Mumbai providing affordable healthcare to all.Ajeenkya D Y Patil Group (“ADYPG”) is a constituent of the D Y Patil Group, founded by Padma Shree Dr. D Y Patil, having 35 years of experience in managing and delivering quality healthcare across multiple specialities. The D Y Patil Group (“DYPG”), which has existed since 1983, is also one of the largest educational groups in the country. DYPG has over 180 Institutes of learning along with its four universities, based out of Navi Mumbai and Pune. DYPG operates three hospitals and provides affordable healthcare and medical attention to needy people.

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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