Most of our auction purse went into putting together first eleven, reveals Royals coach Sangakkara

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Ahmedabad, May 28 | Rajasthan Royals head coach Kumar Sangakkara has credited the team’s performance this season to the painstaking effort put in by his support team during the IPL mega auction earlier this year, saying 90-95 per cent of the purse was spent on putting together the first eleven.

The Sri Lankan legend added that the entire focus was on “experience”, given the high-pressure IPL environment, and added that while the side had a “spattering of youngsters”, they were being groomed to become future stars.

Sankakkara also said that it was very difficult to overcome the big loss to Gujarat Titans in Qualifier 1 at the Eden Gardens and credited the boys for staging a fine comeback to defeat Royal Challengers Bangalore in Qualifier 2 at the Narendra Modi Stadium on Friday night.

RR defeated RCB by seven wickets with 11 deliveries to spare as the Sanju Samson-led side overhauled the modest target of 157 in 18.1 overs. England’s charismatic batter Jos Buttler hit a stroke-filled unbeaten 106, while Prasidh Krishna and Obed McCoy grabbed three wickets each to lead the Royals into the final for only the second time in the history of the tournament.

“Very satisfying (win). All the planning, all the hard work. Really tough with the close defeat to Gujarat Titans but the guys got back up and came back strongly. Jos Buttler backs his strengths and manoeuvres the bowling to bowl more and more to his strengths. The great thing is he can accelerate anytime. Overall he is a wonderful guy who thinks deeply about his game and himself. The entire bowling unit was outstanding.

“Special mention to Prasidh (Krishna). We had 16 to defend in the last game. Then Trent Boult. And Obed McCoy, his mother has been quite ill back home, but he has been able to put that aside. She is recovering well. And Ashwin and Yuzi (Chahal) have run the show. At the auction table,” said Sangakkara.

Sangakkara also revealed how, before the auction, his team compiled date on players in order to help build a winning unit.

“We spent 90-95 per cent of our purse on putting together our first XI. We worked hard on data to work on the players we wanted. We put emphasis on experience at the moment. We have a spattering of youngsters who will become stars later, but our first XI has a strong share of seasoned internationals. Full credit to Giles Lindsay, our analyst, Zubin Barucha and the rest of the staff. Wins don’t just happen. It takes a lot of planning, hard work, execution on the field,” added the Sri Lankan.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

On a weekly expiry day, Nifty opened on positive note and have a dip to make an intraday low at 15367.50 level but showed bounce back moment as managed to close at 15556.65 level with a gain of 143 points. Bank Nifty closed the session at 33135 level with a gain of 289.70 points. 45 Out of Nifty 50 ended in green which suggest broad based buying.

All the sectoral indices managed to close in green expect Energy while Nifty Auto was top gainer. Among Nifty Stock, MARUTI, EICHERMOT, HEROMOTOCO & M&M were the top gainers, While RELIANCE, COALINDIA, POWERGRID & GRASIM were the prima laggards. India VIX closed at 20.88 level with a loss of 1.97%. On Technical Front, The Nifty has formed bullish candle but faced resistance at 21 Four-Hourly Moving Average i.e., 15647 which suggest crossing above the same can show more upside rally.

Nifty has been trading in range of 15200-15700 level while breaching either side can suggest further direction of breakouts. Nifty has given above 50-Hourly Moving Averages which indicate it can show upside moment in the counter. On the Nifty OI Data, On the call side ,the highest OI witnessed at 16000 level while on the put side was at 15500 Niftg level followed by 15300 levels. The momentum indicators Stochastic is trading with a positive crossover on a daily chart which suggest northward journey in the Nifty.

The Nifty may find support around 15200 levels while on the upside 15700 may act as an immediate hurdle. On the other hand, Bank Nifty has support at 32300 levels while resistance at 33800 levels.

Overall, Sector specific momentum has been observed, crossing above 15700 Nifty can show more upside rally.

Market entering into buy on dips pattern.

Palak Kothari
Senior Technical Analyst
Choice Broking

Source: Choice India

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The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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