Champions League: Vital games for Spanish trio on Tuesday

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Madrid, Nov 1 | Three Spanish clubs are in Champions League action on Tuesday in matches that are vital to them making it through to the group stage of the competition.

FC Barcelona travel to Ukraine to face Dynamo Kiev with Sergi Barjuan in temporary charge following their disappointing 1-1 draw at home to Alaves on Saturday.

Barca have just three points from their opening three group games, which came from a narrow 1-0 win at home to Dynamo Kiev a fortnight ago, and with a trip to Munich and a home match against Benfica still to play, they need all three points to keep a realistic hope of reaching the last 16 alive.

Kun Aguero will miss the trip as he remains in hospital undergoing tests to detect a possible irregular heartbeat, which saw him forced out of Saturday’s game after he suffered a dizzy spell in the first half.

Gerard Pique will also miss out after pulling a calf muscle in the same game and he joins Pedri, Ronald Araujo, Sergi Roberto and Martin Braithwaite on Barca’s injury list.

The club hopes that midfielder Frenkie de Jong and striker Ansu Fati will be able to travel after both missed out at the weekend, but whether they will be able to start is still unclear.

Reaching the last 16 is worth nine million euros for Barca’s troubled economy and also important for the club’s morale and status in the game.

Sevilla will take a big step towards the last 16 if they can win their home game against Lille.

The Spanish side is second in their group with three draws from three games, giving them a point lead over the French Champions and three points in the Sanchez Pizjuan would take them close to the knockout stage, reports Xinhua.

Julen Lopetegui’s men go into the game in third place in La Liga after another solid display saw them win 2-0 at home to Osasuna at the weekend.

Villarreal’s domestic form is becoming real cause for concern and their 2-0 defeat to local rivals Valencia at the weekend means Unai Emery’s men have taken just one point from their last four games.

Emery is without the injured duo of Juan Foyth and Gerard Moreno and if his side is to get out of a tight Group F, he needs to see a repeat of the display that saw them beat Young Boys 4-1 away from home a fortnight ago when the Swiss side visits their Estadio de la Ceramica.

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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