Kannada film ‘Man of the Match’ invited to New York indie film fest

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Bengaluru, May 14 | In yet another acknowledgment for Kannada cinema, the movie ‘Man of the Match’ has been selected for the prestigious New York Independent Film Festival.

The movie is directed by the national award winner director D. Satyaprakash. The movie is produced under PRK Banner launched by late Kannada superstar Puneeth Rajkumar.

The movie has been released on Amazon Prime and received rave reviews.

The film festival is being organized between Aug 5 to Aug 14. This is first time the festival is being organized after the Covid pandemic.

The festival will be hosted at the Regal UA Midway theater located in Queens New York. Lawrence Whitener, the film critic who watched the movie during selection has showered appreciation on his social media.

“Absolutely brilliant Indian comedy. I reviewed for the NYC film festival. Tweeted its director, I gave it a 10. Its title is Cricket meaning to exceed well,” he said.

Director Satyaprakash previous movies “Rama Rama Re” and “Ondalla Eradalla”, also received critical appreciation. Nataraj S Bhat and Dharmanna Kadur, Athahrva Prakash, Mayuri Nataraj are seen in major roles.

Vasuki Vaibhav had composed music and also enacted a role.

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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