Lucky to get opportunity to play friendlies vs Nepal: Chhetri


Kathmandu, Aug 31 | Indian football team captain Sunil Chhetri said that the two ‘friendlies’ against Nepal on September 2 and 5 at the Dashrath Rangashala football stadium here would be a great opportunity for his team to “improve” and that his side was lucky to get the opportunity to play a few matches “given the current circumstances”.

“This is an excellent opportunity for us to improve as a team. Given the current circumstances, it wasn’t easy to get ‘friendly’ game. The Nepal Federation and government invited us to play, and we thank them for the opportunity and the gesture,” said Chhetri on Tuesday.

“Nepal are a very tough side, especially when they play against us, and we are aware of the extreme challenge the two matches present us.”

It’s been raining for the last one week in Kathmandu and the forecast for the next seven days too is bleak but Chhetri’s boys are taking the rain in their stride and aiming to give off their best.

Other than Chhetri, Pritam Kotal and goalkeeper Gurpreet Singh Sandhu, none of the boys have been to Nepal ever donning the senior team jersey. The trio was there in 2015 when India qualified from the playoffs to the Russia 2018 World Cup Qualifiers.

Head coach Igor Stimac said, “I just hope that it doesn’t rain heavily.”

Coincidentally, the preparatory camp in Kolkata had also witnessed a downpour, but not extreme enough to become a concern.

Kotal said that a visit to Nepal was always special for him. “It was here that I played my second International match. So, a visit to Nepal will always be special for me. I missed the preparatory camp in Kolkata but was with my club for the AFC Cup (in Maldives recently) and the best part is that we got some match practice,” said Kotal.

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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