Ambulance service for cows in UP soon

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Mathura, Nov 15 | The Yogi Adityanath government in Uttar Pradesh will soon start an ambulance service for cows suffering from serious diseases.

According to Chaudhary Laxmi Narain, the Minister for Dairy Development, Animal Husbandry & Fisheries, nearly 515 ambulances are ready for the scheme which is probably the first in the country.

“The service is similar to the 112 emergency service number. The new service will pave the way for speedy treatment of critically ill cows,” he said.

An ambulance with a veterinary doctor and two assistants would arrive within a response time of 15 to 20 minutes, the Minister said.

Under the scheme which is scheduled to begin next month, a call centre will be set up in Lucknow for receiving complaints.

“At present, if a cow is ill, people have a problem in bringing it to a veterinary hospital. With this service, the problem of transporting the ailing cow will be solved and will also help in saving lives,” he said.

The Minister also said the state’s breed improvement programme will get a boost with the provision of free high-quality semen and embryo transplant technology.

The embryo transplant technology will virtually be a revolution in the state as it would convert even sterile cows into high milk yielding animals.

This would automatically the solve stray cattle problem as cow keepers would desist from letting go of animals that will be yielding at least 20 litres milk per day.

Chaudhary said that the scheme will begin as a pilot project in eight districts of the state, including Mathura.

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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