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SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Drug major Lupin Ltd on Thursday said its US-based subsidiary, Gavis Pharmaceuticals LLC. USA, has received tentative approval from the
US health regulator for its anti-bacterial drug - Azithromycin for oral suspension USP, 300 mg (100 mg/5 mL) and 1200 mg (200 mg/5 mL).
Thecompany’sdrugistheABratedgenericequivalentofPfizerInc.'sZithromaxfororalsuspension,100mg/5mland200mg/5ml,itsaid.
Technical Outlook: On daily chart, stock has formed Bullish harami candlestick which is a bullish reversal indication and indicates
for upside movement from the present level. Moreover, since last four days, stock has been trading with its strong support which
comes at 1478, which signifies for probable bounce back in the prices. A momentum indicator RSI reading is at 38.09 level with
positive crossover, which point out for positive breath in the stock. So for trading perspective, one could Buy in range of 1498-1503
forTargetof1534withSLof1483.
LUPIN
ASHOKLEY
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
02nd Sep 2016
Sell in range of 83-83.80 for Target of 80.50 with SL of 85
Buy in range of 1498-1503 for Target of 1534 with SL of 1483
HindujaGroup's flagshipcompany AshokLeylandLtd on Thursdayreportedafallof 6 per centin its totalsales of vehiclesat 10,897 units in
the month of August, 2016, as compared to 11,544 units during the same period last year. Sales of its heavy & medium commercial
vehicles too declined by 8 per cent at8,201 units in August, 2016,as against 8,903 units in the year-ago period, AshokLeylandLtd said in a
filingtotheBombayStockExchangeonSeptember01,2016.
Technical Outlook: On daily chart, stock has formed strong bearish candlestick with above average volume which indicates for
accentuated selling pressure during the last trading sessions. Moreover, stock has given breakout of its 86 level, a level which acted
asstrongsupportinpast,whichshowsthatfurtherweaknessmighthitthestock.AmomentumindicatorRSIreadingisat32.95level
with negative crossover, which point out for negative breath in the stock. So for trading perspective, one could Sell in range of 83-
83.80forTargetof80.50withSLof85
The potential for a strong US non-farm payrolls number later in day - and with it an elevated chance of a Federal Reserve rate hike soon -
kept Asian financial markets nervously marking time on Friday. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.1
percent. Australian stocks lost 0.6 percent and South Korea's Kospi was little changed, while Japan's Nikkei dipped 0.2 percent on a slightly
strongeryen.AsianequitymarketstookfewcuesfromovernightmovesonWallStreet,wherestockswereflatwithgainsinthetechsector
offsetingsluggishUSfactoryactivitydataandloweroilprices.TheIndianequitymarketisexpectedtoopenflattodaytrackingAsianindices.
SGXNiftyistradingat8804.50downby19.50points.
US stocks were flat on Thursday, with gains in the tech sector offseting sluggish factory activity data and lower oil prices, as investors
exercised caution ahead of a key payrolls report on Friday. A report from the Institute of Supply Management showed US factory activity
contracted for the first time in six months in August as new orders and production tumbled, but data on the labor market pointed to a
pickup in third-quarter economic growth. The economic data comes ahead of Friday's monthly nonfarm payrolls data, which could
influence theFed's decisiononthetimingof thenextinterestrate hike.TheDowJonesindustrialaveragerose18.42 points,or 0.1 percent,
to18,419.3,theS&P500lost0.09pointsto2,170.86,andtheNasdaqCompositeadded13.99points,or0.27percent,to5,227.21.
SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
02nd Sep 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Indian Oil Corporation Limited; Dividend - Rs 8.50 Per Share
OnMobile Global Limited; Annual General Meeting/Dividend - Rs 1.50 Per Share
Jayant Agro Organics Limited; Annual General Meeting/ Dividend-Rs 2.50/- Per Share + Special
Dividend - Rs 1.25/- Per Share
Bosch Limited; Buy Back
Omax Autos Limited; Annual General Meeting/Dividend Re 1/- Per Share
UFO Moviez India Limited; Annual General Meeting/Dividend - Rs 3/- Per Share
Container Corporation of India Limited; Dividend-Rs.5.50 Per Share
The Grob Tea Company Limited; Dividend Rs 2/- Per Share
Compucom Software Limited; Annual General Meeting/ Dividend - Re 0.10 Per Share
Result Calendar:
AIL, GTOFFSHORE, HAWAENG, INOXWIND, INTETHR, JKIL, NOIDATOLL, PENINLAND, TARAJEWELS, TIIL
& TITAANIUM
Corporate Action / Result Calendar
Bulk Deal
Security in Ban
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 1/9/2016 500003 AEGISLOG INFRASTRUCTURE INDIA HOLDINGS FUND LLC S 7500000 130.03
2 1/9/2016 500003 AEGISLOG MOTILAL OSWAL ASSET MANAGEMENT COMPA B 4000000 130.00
3 1/9/2016 532529 NDTV ERISKA INVESTMENT FUND LTD B 2851894 86.00
4 1/9/2016 532529 NDTV OSWAL GREENTECH LTD. S 2851894 86.00
5 1/9/2016 530187 ATHARVENT RHEA NITTEN JAJU S 2172000 2.25
6 1/9/2016 531739 GENNEX MANPHOOL EXPORTS LIMITED S 1197854 7.00
7 1/9/2016 531934 SUPREMETEX BP FINTRADE PRIVATE LIMITED S 1176452 10.64
7 1/9/2016 531934 SUPREMETEX BP FINTRADE PRIVATE LIMITED B 1176452 10.63
7 1/9/2016 531934 SUPREMETEX SANTOSH GAJANDER SINGH S 1114242 10.64
7 1/9/2016 531934 SUPREMETEX SANTOSH GAJANDER SINGH B 1114242 10.65
IBREALEST, JINDALSTEL, RCOM
SEBI Certified – Research Analyst www.choiceindia.com
Contact Us
www.choiceindia.com
www.choiceindia.comcustomercare@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 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
be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification, copying, forwarding or disclosure by any person is
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
02nd 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: 2016.09.02 08:35:16 +05'30'

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Morning tea 02 09-2016

  • 1. SEBI Certified – Research Analyst www.choiceindia.com Global View India Update Today’s Event/ Stock in News Drug major Lupin Ltd on Thursday said its US-based subsidiary, Gavis Pharmaceuticals LLC. USA, has received tentative approval from the US health regulator for its anti-bacterial drug - Azithromycin for oral suspension USP, 300 mg (100 mg/5 mL) and 1200 mg (200 mg/5 mL). Thecompany’sdrugistheABratedgenericequivalentofPfizerInc.'sZithromaxfororalsuspension,100mg/5mland200mg/5ml,itsaid. Technical Outlook: On daily chart, stock has formed Bullish harami candlestick which is a bullish reversal indication and indicates for upside movement from the present level. Moreover, since last four days, stock has been trading with its strong support which comes at 1478, which signifies for probable bounce back in the prices. A momentum indicator RSI reading is at 38.09 level with positive crossover, which point out for positive breath in the stock. So for trading perspective, one could Buy in range of 1498-1503 forTargetof1534withSLof1483. LUPIN ASHOKLEY SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website Morning Tea 02nd Sep 2016 Sell in range of 83-83.80 for Target of 80.50 with SL of 85 Buy in range of 1498-1503 for Target of 1534 with SL of 1483 HindujaGroup's flagshipcompany AshokLeylandLtd on Thursdayreportedafallof 6 per centin its totalsales of vehiclesat 10,897 units in the month of August, 2016, as compared to 11,544 units during the same period last year. Sales of its heavy & medium commercial vehicles too declined by 8 per cent at8,201 units in August, 2016,as against 8,903 units in the year-ago period, AshokLeylandLtd said in a filingtotheBombayStockExchangeonSeptember01,2016. Technical Outlook: On daily chart, stock has formed strong bearish candlestick with above average volume which indicates for accentuated selling pressure during the last trading sessions. Moreover, stock has given breakout of its 86 level, a level which acted asstrongsupportinpast,whichshowsthatfurtherweaknessmighthitthestock.AmomentumindicatorRSIreadingisat32.95level with negative crossover, which point out for negative breath in the stock. So for trading perspective, one could Sell in range of 83- 83.80forTargetof80.50withSLof85 The potential for a strong US non-farm payrolls number later in day - and with it an elevated chance of a Federal Reserve rate hike soon - kept Asian financial markets nervously marking time on Friday. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.1 percent. Australian stocks lost 0.6 percent and South Korea's Kospi was little changed, while Japan's Nikkei dipped 0.2 percent on a slightly strongeryen.AsianequitymarketstookfewcuesfromovernightmovesonWallStreet,wherestockswereflatwithgainsinthetechsector offsetingsluggishUSfactoryactivitydataandloweroilprices.TheIndianequitymarketisexpectedtoopenflattodaytrackingAsianindices. SGXNiftyistradingat8804.50downby19.50points. US stocks were flat on Thursday, with gains in the tech sector offseting sluggish factory activity data and lower oil prices, as investors exercised caution ahead of a key payrolls report on Friday. A report from the Institute of Supply Management showed US factory activity contracted for the first time in six months in August as new orders and production tumbled, but data on the labor market pointed to a pickup in third-quarter economic growth. The economic data comes ahead of Friday's monthly nonfarm payrolls data, which could influence theFed's decisiononthetimingof thenextinterestrate hike.TheDowJonesindustrialaveragerose18.42 points,or 0.1 percent, to18,419.3,theS&P500lost0.09pointsto2,170.86,andtheNasdaqCompositeadded13.99points,or0.27percent,to5,227.21.
  • 2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com Morning Tea 02nd Sep 2016 SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website Indian Oil Corporation Limited; Dividend - Rs 8.50 Per Share OnMobile Global Limited; Annual General Meeting/Dividend - Rs 1.50 Per Share Jayant Agro Organics Limited; Annual General Meeting/ Dividend-Rs 2.50/- Per Share + Special Dividend - Rs 1.25/- Per Share Bosch Limited; Buy Back Omax Autos Limited; Annual General Meeting/Dividend Re 1/- Per Share UFO Moviez India Limited; Annual General Meeting/Dividend - Rs 3/- Per Share Container Corporation of India Limited; Dividend-Rs.5.50 Per Share The Grob Tea Company Limited; Dividend Rs 2/- Per Share Compucom Software Limited; Annual General Meeting/ Dividend - Re 0.10 Per Share Result Calendar: AIL, GTOFFSHORE, HAWAENG, INOXWIND, INTETHR, JKIL, NOIDATOLL, PENINLAND, TARAJEWELS, TIIL & TITAANIUM Corporate Action / Result Calendar Bulk Deal Security in Ban Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price 1 1/9/2016 500003 AEGISLOG INFRASTRUCTURE INDIA HOLDINGS FUND LLC S 7500000 130.03 2 1/9/2016 500003 AEGISLOG MOTILAL OSWAL ASSET MANAGEMENT COMPA B 4000000 130.00 3 1/9/2016 532529 NDTV ERISKA INVESTMENT FUND LTD B 2851894 86.00 4 1/9/2016 532529 NDTV OSWAL GREENTECH LTD. S 2851894 86.00 5 1/9/2016 530187 ATHARVENT RHEA NITTEN JAJU S 2172000 2.25 6 1/9/2016 531739 GENNEX MANPHOOL EXPORTS LIMITED S 1197854 7.00 7 1/9/2016 531934 SUPREMETEX BP FINTRADE PRIVATE LIMITED S 1176452 10.64 7 1/9/2016 531934 SUPREMETEX BP FINTRADE PRIVATE LIMITED B 1176452 10.63 7 1/9/2016 531934 SUPREMETEX SANTOSH GAJANDER SINGH S 1114242 10.64 7 1/9/2016 531934 SUPREMETEX SANTOSH GAJANDER SINGH B 1114242 10.65 IBREALEST, JINDALSTEL, RCOM
  • 3. SEBI Certified – Research Analyst www.choiceindia.com Contact Us www.choiceindia.com www.choiceindia.comcustomercare@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 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 be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification, copying, forwarding or disclosure by any person is 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 02nd 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: 2016.09.02 08:35:16 +05'30'