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1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
In a filing to the stock exchanges, Kotak Mahindra Bank informed investors about the development. "The Reserve Bank of India (RBI) has
informed the bank that it has granted approval to Canada Pension Plan Investment Board (CPPIB) for acquiring shares in excess of 5 per
centandbelow10percentofthebank'spaidupcapital,"thestatementsaid.Atpresent,CPPIBholds4.89percentinthebank..
Technical Outlook: On daily chart, stock has given breakout of its range bound move in which it had been trading for more than
five weeks. Moreover, volume activity was also very appealing during the breakout. Besides, stock has been continuously trading
with its strong support of 50 day moving average which shows that near term trend is up. A momentum indicator RSI reading is at
69.40levelwithpositivecrossoverwhichpointoutforpositivebreathinthestock.Sofortradingperspective,onecouldBuyinrange
of803-806forTargetof822.50withSLof795.50.
KOTAKBANK
BPCL
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
01st Sep 2016
Buy in range of 598-602 for Target of 614.50 with SL of 592
Buy in range of 803-806 for Target of 822.50 with SL of 795.50
State-owned oilretailer BharatPetroleum CorporationLtd(BPCL) on Wednesdayreported a growthof 11 per centin its April-June quarter
net profitat Rs 2,620.5 crore for the quarter ended June 30,2016, despitelower revenue growth. “The standalone net profit after taxes of
the company stood at Rs 2,360.66 crore during the same period a year ago,” said Bharat Petroleum Corporation Ltd in a filing to the
BombayStockExchangeonAugust31,2016.
Technical Outlook: Ondailychart,stock hasbeencontinuouslytradingaboveits 21daymovingaverage whichis placedat 590.20
level which shows that near term trend is up and stock could further accelerates its upside movement from the present level.
Moreover, stock has managedto sustain above 600 level, a level which acted as strong resistance in past two weeks. Amomentum
indicator RSI reading is at 57.48 level with positive crossover, which point out for positive breath in the stock. So for trading
perspective,onecouldBuyinrangeof598-602forTargetof614.50withSLof592.
Asian shares dipped on Thursday after lowercrude oil prices dented Wall Street, as markets waited to see if US employment data could put the Federal Reserve on
trackto hikeinterestrates.MSCI'sbroadestindexofAsia-Pacific sharesoutsideJapanwasdown0.2percentinearlytrading,whileAustralia'sS&P/ASX200indexwas
down 0.2 percent. Investors awaited China's official manufacturing Purchasing Managers' Index (PMI) as well as a private gauge later this session. Manufacturing
sectorlikelyshrankforasecondstraightmonthinAugustbutatamarginalpace,aReuterspollshowed,suggestingtheeconomyissteadyingevenasthegovernment
vowstocutmoreindustrialovercapacity.Japan'sNikkeistockindexwaswaveringbetweenpositiveandnegativeterritory,astheyencameoffitsovernightlows.The
IndianequitymarketisexpectedtoopenflattodaytrackingAsianindices.SGXNiftyistradingat8844downby0.50points.
Stocks ended lower on Wall Street on Wednesday, as energy shares tracked oil prices lower, and the S&P posted a loss for August, the first negative month for the
benchmarkindexsinceFebruary.TheNasdaqgained1percentinAugustandtheS&Pshed0.1percent,speakingtostocks'resiliencyaftertheS&Phitanall-timehigh
mid-month. It ended Wednesday within 1 percent of its record close. The energy sector of the S&P 500 ended 1.4 percent lower on Wednesday, its largest daily
decline in three weeks, as US crude futures CLc1 fell more than 3 percent. Data earlier showed the private sector created 177,000 jobs in August, in line with
expectations, and contracts to buy previously owned homes surged in July, suggesting the economywas regaining sufficient momentum for the Federal Reserve to
raise interest rates this year.The strong numbers sharpened the focusonFriday'spayrolls report.TheDowJones industrial average fell 53.42points,or0.29percent,
to18,400.88,theS&P500lost5.17points,or0.24percent,to2,170.95andtheNasdaqCompositedropped9.77points,or0.19percent,to5,213.22.

2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
01st Sep 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Caplin Point Laboratories Limited; Annual General Meeting/Dividend - Rs 3.50 Per Share
Pudumjee Paper Products Limited; Annual General Meeting/ Dividend - Re 0.10 Per Share
Adi Finechem Limited; Annual General Meeting/Dividend - Rs 2.50 Per Share
Thyrocare Technologies Limited; Annual General Meeting/Dividend - Rs 2.50 Per Share
Vidhi Dyestuffs Manufacturing Limited; Interim Dividend - Re 0.20 Per Share
Nila Infrastructures Limited; Annual General Meeting/ Dividend - Re 0.11 Per Share
Elgi Rubber Company Limited; Annual General Meeting/Dividend Re 0.37 Per Share
Hindustan Media Ventures Limited; Dividend Rs 1.20 Per Share
R.P.P. Infra Projects Limited; Annual General Meeting/ Dividend - Re 0.50/- Per Share
Talwalkars Better Value Fitness Limited; Annual General Meeting/Dividend - Rs 1.50/- Per Share
Surya Roshni Limited; Annual General Meeting/Dividend Re 1/- Per Share
Pudumjee Pulp & Paper Mills Limited; Agm/Dividend - Re 0.20/- Per Share
Banco Products (I) Limited; Dividend - Rs 4 Per Share
Gujarat State Fertilizers & Chemicals Limited; Dividend - Rs 2.20/- Per Share
Chambal Fertilizers & Chemicals Limited; Dividend - Rs 1.90/- Per Share
Nava Bharat Ventures Limited; Bonus 1:1
Electrosteel Castings Limited; Dividend - Re 0.50/- Per Share
Gujarat Ambuja Exports Limited; Annual General Meeting (Book Closure Dates Revised)
Aro Granite Industries Limited; Annual General Meeting/ Dividend - Re 1/- Per Share
DPSC Limited; Annual General Meeting/ Dividend -Re 0.05 Per Share
Result Calendar:
ADSL, ADVIK, APOLLOHOSP, BALLARPUR, BIMETAL, BPCL, ESSELPRO, FMEC, KALINDEE, MGL &
NAVKARCORP.
Corporate Action / Result Calendar
Bulk Deal
Security in Ban
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 31/08/2016 540065 RBLBANK TVS SHRIRAM GROWTH FUND S 2637611 289.57
2 31/08/2016 531467 ARNAVCORP GITABEN BANKIMBHAI SHAH B 1326004 3.19
3 31/08/2016 531934 SUPREMETEX SANTOSH GAJANDER SINGH S 1179823 10.21
4 31/08/2016 531467 ARNAVCORP GITABEN BANKIMBHAI SHAH S 1101987 3.19
5 31/08/2016 530187 ATHARVENT LEENA DINESH RANE S 900000 2.07
6 31/08/2016 502448 ROLLT SHREE BHUVANAKARAM TRADINVEST PVT LTD B 800727 28.03
7 31/08/2016 502448 ROLLT SHREE BHUVANAKARAM TRADINVEST PVT LTD S 799386 28.14
7 31/08/2016 531934 SUPREMETEX SANTOSH GAJANDER SINGH B 743813 10.18
7 31/08/2016 530191 CHROMATIC ANUPAM NARAIN GUPTA S 600000 3.90
7 31/08/2016 530191 CHROMATIC ONKAR KESHAV BHATKAR B 500000 3.90
JINDALSTEL

3. SEBI Certified – Research Analyst www.choiceindia.com
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Disclaimer
This is solely for information of clients of Choice Broking and does not construe to be an investment advice. It is also not intended as an offer or solicitation for the purchase and sale of any financial
instruments. Any action taken by you on the basis of the information contained herein is your responsibility alone and Choice Broking its subsidiaries or its employees or associates will not be liable in
any manner for the consequences of such action taken by you. We have exercised due diligence in checking the correctness and authenticity of the information contained in this recommendation, but
Choice Broking or any of its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the
information contained in this recommendation or any action taken on basis of this information. Technical analysis studies market psychology, price patterns and volume levels. It is used to forecast
future price and market movements. Technical analysis is complementary to fundamental analysis and news sources. The recommendations issued herewith might be contrary to recommendations
issued by Choice Broking in the company research undertaken as the recommendations stated in this report is derived purely from technical analysis. Choice Broking has based this document on
information obtained from sources it believes to be reliable but which it has not independently verified; Choice Broking makes no guarantee, representation or warranty and accepts no responsibility
or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are subject to change without
notice. The information and any disclosures provided herein are in summary form and have been prepared for informational purposes. The recommendations and suggested price levels are intended
purely for trading purposes. The recommendations are valid for the day of the report however trading trends and volumes might vary substantially on an intraday basis and the recommendations may
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strictly prohibited. The information and any disclosures provided herein do not constitute a solicitation or offer to purchase or sell any security or other financial product or instrument. The current
performance may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee
against the loss of your entire investment.
POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report) Disclosure of interest statement – • Analyst interest of the stock /Instrument(s): - No. • Firm interest of the stock /
Instrument (s): - No.
SEBI Certified – Research Analyst www.choiceindia.com
Research Team
Mr. Sumeet Bagadia Associate Director
Kkunal Parar Sr. Research Associate
Amit Pathania Research Associate
Vikas Chaudhari Research Associate
Kapil Shah Research Associate
Rajnath Yadav Research Associate
Satish Kumar Research Associate
Morning Tea
01st Sep 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Kunal Parmar
Digitally signed by Kunal Parmar
DN: cn=Kunal Parmar, o=Choice Equity
Broking Pvt Ltd., ou=Research Dept,
email=kunal.parmar@choiceindia.com, c=IN
Date: 2016.09.01 08:44:48 +05'30'