Rahul, Rizwan advance in ICC Men’s T20I Player Rankings

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Rahul, Rizwan advance in ICC Men's T20I Player Rankings

Dubai, Nov 24 | India’s KL Rahul and Pakistan’s Mohammad Rizwan have gained a slot each to occupy fifth and fourth positions, respectively, in the latest ICC Men’s T20I Player Rankings.

Pakistan wicketkeeper-batter Rizwan upward movement is thanks to his 90 runs in the three-match series against Bangladesh that his side won 3-0 recently, while opener Rahul is only six rating points behind after scoring 80 in two matches against New Zealand, a series India won 3-0.

New Zealand’s Martin Guptill has gained three slots to reach 10th position, scoring 152 runs against India while Rohit Sharma is 13th, gaining two places after topping the series with 159 runs. Suryakumar Yadav has galloped 24 places to 59th position.

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Pakistan’s Fakhar Zaman is another one to move up the batsmen’s list, from 40th to 35th.

Pakistan skipper Babar Azam is leading the batting charts, followed by Dawid Malan of England.

The rankings for bowlers see Mitchell Santner gain 10 slots to reach 13th position with four wickets in the series against India and Bhuvneshwar Kumar up five to 19th with three scalps. Deepak Chahar has moved up 19 slots to reach 40th position.

Others to progress in the list include Mahedi Hasan (up six places to 12th) and Shoriful Islam (up three places to 40th) of Bangladesh, and the Pakistan pair of Shadab Khan (up two places to 14th) and Hasan Ali (up 16 places to 44th).

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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