Dan Stevens to reunite with his ‘The Guest’ maker Adam Wingard for ‘Godzilla vs. Kong 2’

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Los Angeles, May 13 | ‘Downton Abbey’ actor Dan Stevens will headline the sequel to the 2021 film ‘Godzilla vs. Kong’.

Director Adam Wingard, who helmed the first film from the monsterverse franchise, is returning to direct, with production slated to begin this summer in Australia, reports ‘Deadline’.

As per ‘Deadline’, plot details are being kept under wraps, other than following the film’s larger-than-life monsters and then preparing for their next battle against each other.

‘Godzilla vs. Kong’ helped get audiences back in theatres as it became the second film of the Covid era to cross the $100 million mark at the domestic box office en route to $468 million globally. The number is impressive as it also bowed day-and-date on HBO Max.

Adam and Dan have worked together on the action horror thriller ‘The Guest’. The film earned both some of the best reviews of their careers, while also having major studios taking notice of the potential of the actor and the directir in their future film slates.

Dan, most recently seen as Nixon White House Counsel John Dean in ‘Gaslit’, the Watergate-focused Starz limited series that premiered last month, also received critical praise this year for his German-language performance in Maria Schrader’s film ‘I’m Your Man’.

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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