TN to focus on 100% first dose Covid-19 vaccine: Minister

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Chennai, May 9 | Tamil Nadu Minister for Health and Family welfare Ma Subramanian has said that the state Department for Public health is planning to achieve the target of 100 per cent first dose Covid-19 vaccines in the state.

In a statement on Monday, the minister said that 93.44 per cent of people above the age of 18 years have been vaccinated in the state till Sunday.

The minister said that 81.55 per cent have been administered with the second dose of vaccine. A total of 4.12 crore people have benefitted from the 28 mega vaccination camps held in the state since September 12, 2021.

Over a lakh vaccination camps have been conducted in the state and over 17 lakh doses of vaccine administered. In the 12-14 age group, 17,24,637 children accounting for 81.3 per cent of the targeted population had received the first dose and 9,42,469 or 44 per cent has received the second dose of the vaccine, the statement said.

Among the 15-18 age group, 29,69,353 or 88.74 per cent of the population had got their first dose, and 23,55,808 or 70.41 per cent the second dose, the statement said.

The minister said that all the district collectors and district medical officers were alerted to achieve the target of 100 per cent first dose vaccination for all those eligible. The health workers are being directed to conduct a door-to-door survey on those who are not inoculated and get them vaccinated.

Ma Subramanian told IANS: “The state government is in the process of completing the first dose of vaccines to all the eligible people and the district authorities including the district collectors and district medical officers have been directed to conduct campaign for vaccinating the eligible population.”

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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