Salman Khan shares first look of his next film, breaks the Internet

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Mumbai, May 14 | Bollywood superstar Salman Khan dropped the first look from his next film on Saturday. The ‘Dabangg’ actor took to Instagram to share a picture from the sets of his upcoming film, the details and title of which he has smartly concealed.

Sharing the picture, he wrote in the caption, “Shooting commences for my new film”. The picture shows him holding a steel rod that hides his face. Holding the rod with his turquoise bracelet clad hand, Salman looks seeped in his action spirit as he sports long hair and a pair of black sunglasses.

Although, Salman hasn’t specified the name of the film, it appears to be from his next, ‘Kabhi Eid Kabhi Diwali’ where he co-stars along with his brother-in-law Aayush Sharma.

Salman’s long hair somehow reminds of his friend and actor Shah Rukh Khan’s look from YRF’s spy-thriller ‘Pathan’ where the latter stars alongside John Abraham and Deepika Padukone.

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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