The document provides a market summary and analysis from an Indian stock brokerage firm. It summarizes that US stocks edged higher on positive outlook from UnitedHealth, while energy shares fell on lower oil prices. Asian markets opened positively after OPEC reached an oil production cut deal. The Indian market is expected to open flat tracking Asian indices. It provides technical analysis on two Indian stocks, recommending buying ranges and price targets.

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
01st Dec 2016
 US Market:
US stocks edged higher as an upbeat outlook from UnitedHealth lifted health insurers, though a sharp drop in oil
prices weighed on energy shares and limited the advance. Analysts said the post-U.S. election rally may be losing
momentum, with the S&P 500 now up roughly 8 percent for the year to date. Wall Street has risen sharply
following Donald Trump's White House win, helped in part by investor expectations that his plans to increase
infrastructure spending, cut corporate taxes and reduce regulation will boost the economy. The Dow Jones
industrial average rose 23.7 points, or 0.12 percent, to 19,121.6, while the S&P 500 gained 2.94 points, or 0.13
percent, to 2,204.66. The Nasdaq Composite added 11.11 points, or 0.21 percent, to end at 5,379.92, after hitting
a record intraday high.
 Asian Market:
Asian markets opened on a positive note early Thursday, after OPEC reached its first deal since 2008 to cut oil
production. Australia's ASX 200 was up 0.58 percent, with strong gains in its energy sub-index, which climbed 6.76
percent and its materials sub-index, which was up 2.14 percent. The Nikkei 225 surged 1.55 percent in early trade,
likely because of the weaker yen which hovered at the 114 handle. South Korea's Kospi opened up 0.05 percent. .
The Indian equity market is expected to open flat today tracking Asian indices. SGX Nifty is trading at 8260 Up by
20 points.
 Economy poorer by Rs 5.8L cr on currency contraction
 JSW infra plans to sell 10 per cent stake: CEO
 Opec reaches deal to cut oil output by 1.2 mn bpd
 Core sector output growth hits 6-month high in Oct
 Aditya Birla Financial launches health insurance arm
 INDIANB Buy in range of 252-254 for Target of 262 with SL of 245
On daily chart, stock has formed Marubozu candlestick with above average volume which indicates
accentuated buying activity during last trading session. Moreover, stock has been trading with its strong
support of 21 day moving average which is placed at 238.05 level which shows that trend is up. A momentum
indicator RSI reading is at 59.15 level with positive crossover which point out for positive breath in the stock.
So for trading perspective, one could Buy in range of 252-254 for Target of 262 with SL of 245.
 GSFC Buy in range of 89-90 for Target of 94 with SL of 87
On daily chart, stock has formed Marubozu candlestick with above average volume which indicates
accentuated buying activity during last trading session. Moreover, stock has given close above its 50 day
moving average which is placed at 87.05 level which shows that near to medium term trend has changed to
up. A momentum indicator RSI reading is at 55.95 level with positive crossover which point out for positive
breath in the stock. So for trading perspective, one could Buy in range of 89-90 for Target of 94 with SL of 87.
Stock in News
Global Update

2. Ingersoll Rand (India) Limited; Interim Dividend Rs 3/- Per Share
Result Calendar:
A2ZINFRA, CLNINDIA, DBL, GILLETTE, GRAPHITE, GSPL, KARURKCP, RESPONIND & SRIPIPES.
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
01st Dec 2016
Corporate Action / Result Calendar
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 29/11/2016 533264 ESL STARBRIDGE FINANCE LTD S 12050000 2.96
2 29/11/2016 507836 MCCHRLS-B EMBASSY PROPERTY DEVELOPMENTS PRIVATE B 2873800 642.55
3 29/11/2016 507836 MCCHRLS-B CHATRABHUJ BASSARMAL PARDHANANI S 2873800 642.55
4 29/11/2016 533605 PRAKASHCON RAJANI MANOHARLAL SIRWANI S 1340919 5.87
5 29/11/2016 530187 ATHARVENT BHARTHE SARDA B 1160000 1.87
6 29/11/2016 533605 PRAKASHCON BP FINTRADE PRIVATE LIMITED B 1000008 5.85
7 29/11/2016 533605 PRAKASHCON ANUP SHYAMSUNDER KARWA S 1000000 5.85
7 29/11/2016 538520 SBL RAJENDRA GANGARAM GODHAR B 789660 0.75
7 29/11/2016 533605 PRAKASHCON JMP SECURITIES PVT LTD B 745453 5.88
7 29/11/2016 533605 PRAKASHCON RAJANI MANOHARLAL SIRWANI B 728336 5.87
Security in Ban
Bulk Deal

3. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
Contact Us
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
www.choicebroking.incustomercare@choiceindia.com
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
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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
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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
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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.
01st Dec 2016
Kkunal Parar
Digitally signed by Kkunal Parar
DN: cn=Kkunal Parar, o=Choice Equity
Broking Pvt Ltd., ou=Research Dept.,
email=kkunal.parar@choiceindia.com,
c=IN
Date: 2016.12.01 08:25:22 +05'30'