Tim Paine makes a huge statement behind the stumps; takes six catches

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Tim Paine makes a huge statement behind the stumps; takes six catches
Tim Paine makes a huge statement behind the stumps; takes six catches

Hobart, Nov 22 | Former Australian Test captain Tim Paine made a huge statement on Monday, as he returned to competitive cricket, taking six catches behind the stumps playing for Tasmania second XI at the Lindisfarne Oval here, indicating that he has recovered fully from the invasive neck surgery the wicketkeeper-batter underwent in September.

Paine, who stepped down as Australia’s Test captain Tim Paine following a sexting scandal less than three weeks before the Ashes, had undergone neck surgery in mid-September to set right a bulging disc that had been causing him discomfort in his left arm and neck. The bulging disc was pressing on the nerve canal, causing pain on the left side of the body.

While the 37-year-old Paine has stepped down as captain, he has made himself available for selection in the Ashes side. On Monday, he finally played his first full day of competitive cricket against South Australia second XI.

Paine looked at ease behind the stumps taking several low catches on both sides as South Australia were bowled out for 165, with Tasmania 58 for one at stumps. Paine will bat for Tasmania if required on Tuesday.

Interestingly, Cricket Australia’s national selector George Bailey too was in attendance during the match.

Paine’s time as wicketkeeper-batter for Australia is over, asserts Warne

Paine had relinquished Australia’s Test captaincy in a bombshell announcement on November 19, which had shaken the Australian cricket establishment to the core. In a hurriedly-organized press conference in Hobart, a tearful Paine had announced he was quitting after an off-field scandal was reportedly unearthed.

“Today I’m announcing my decision to stand down as the captain of the Australian Men’s Test team. It’s an incredibly difficult decision but the right one for me, my family and cricket,” Paine had said on November 19.

“As a background on my decision, nearly four years ago, I was involved in a text exchange with a then-colleague (at Cricket Tsamania). At the time, the exchange was the subject of a thorough CA Integrity Unit investigation, throughout which I fully participated in and openly participated in,” added Paine.

“That investigation and a Cricket Tasmania HR investigation at the same time found that there had been no breach of the Cricket Australia Code of Conduct. Although exonerated, I deeply regretted this incident at the time, and still do today. I spoke to my wife and family at the time and am enormously grateful for their forgiveness and support.”

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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