Karan Kundrra purchases a flat worth Rs 20 crore!

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Mumbai, May 14 | ‘Bigg Boss 15’ fame Karan Kundrra has all the reason to cheer up as he finally has registered his dream house in Bandra, Mumbai.

As per the media reports the apartment has a beautiful sea-facing view.

The apartment is close to the Bandra Reclamation area. The flat comes with a private lift and swimming pool. The price of the flat is above Rs 20 crore.

According to a source: “Apart from a sea-facing view, Karan Kundrra’s new home has a private lift and a swimming pool. The value of the flat fall somewhere above Rs 20 crore.”

A picture of Karan Kundrra from outside the municipal registration office has gone viral. He is seen dressed in a pair of denims and a checked shirt. It seems as if one of his fans has clicked his picture.

While the actor’s chemistry with actress Tejasswi Prajash is getting all the love from his fans, he is also getting attention as a host on ‘Dance Deewane Juniors’.

Recently, he also got appreciation from Ektaa R Kapoor for his performance as a jailor in her show ‘Lock Upp’.

The actor is also doing a film with Ileana D’cruz and Randeep Hooda and he recently made an appearance on ‘Khatra Khatra’ show with Jacqueline Fernandez.

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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