#ChoiceBroking #MorningTea

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
03rd Jan 2017
 US Market:
US stocks slumped on the last trading day of the year on Friday, led down by Apple and other big tech stocks, but
major indexes still posted solid gains in 2016. In subdued holiday trading, the S&P 500 declined for a third
consecutive session. But the benchmark index still tallied an annual gain of 9.5 percent. The Dow Jones Industrial
Average climbed 13.4 percent for 2016, even as it recorded its first weekly decline since the US election on Nov. 8.
Stocks stalled this week after surging in the wake of Donald Trump's presidential election. Investors have bet
Trump will cut taxes and regulations and introduce fresh economic stimulus.
 Asian Market:
Asian stocks began 2017 on a flat note on Tuesday, uninspired by a surge in European markets to their highest in
more than a year, while the dollar resumed its climb after last week's stumble. MSCI's broadest index of Asia-
Pacific shares outside Japan was little changed in early trade as most regional markets reopened after the New
Year holiday. It ended 2016 with a 3.7 percent gain, its best year in four. Australian shares, however, were off to a
robust start, jumping almost 1 percent, while South Korea added 0.2 percent. Japan was closed for an extended
New Year holiday.
 L&T bags two more orders from Saudi Aramco
 Hero MotoCorp sales down 34% in December
 Bharti Airtel in talks with Telenor to buy India business for $350 million
 Exide expects demonetisation to recharge battery sector
 Bajaj Hindusthan to seek shareholders’ nod to sell power biz
 NBCC Buy in the range of 253-251 for Target of 265 with SL of 242
Stock has remained in structural bull trend. After a strong move stock has entered into intermediate correction
mode but it has halted at its 250 day long term moving average which has acted as trend decider for stock. In recent
up move it has ironed out its 100 DMA which is bullish development. Volume has remained encouraging which
show rise in activity. Momentum oscillator RSI still intact for its northward journey.
 STCINDIA Buy in the range of 230-228 for Target of 240 with SL of 220
After a huge consolidation stock has started to move with large lap. In past couple of days strong buying has been
observed and it has formed bullish gap which shows enthusiasm of buyers. After a brief pause stock is resuming its
positive move. Volume has remain in multiple time in compare to its historical activity. Based on aforementioned
rational one can buy in the range of 230 to 228 range with stop loss of 220 and for upside upto 240 level.
Stock in News
Global Update

2. Result Calendar:
PRIMESECU
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
03rd Jan 2017
Corporate Action / Result Calendar
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 2/1/2017 531467 ARNAVCORP BRLM INFRAPROJECTS PRIVATE LIMITED S 1500000 2.52
2 2/1/2017 534731 BITL BHARAT KALABHAI KABIRA B 1164532 1.45
3 2/1/2017 534731 BITL competent textiles pvt ltd S 850000 1.45
4 2/1/2017 531467 ARNAVCORP PARKWAY PROPERTIES PRIVATE LIMITED S 564000 2.53
5 2/1/2017 531467 ARNAVCORP SHAH KIRIT M S 500000 2.52
6 2/1/2017 531467 ARNAVCORP MAGAN MERCANTILE PRIVATE LIMITED S 500000 2.52
7 2/1/2017 531467 ARNAVCORP SAIRABANU MOHD RAFIQ FANASWALA S 450000 2.53
7 2/1/2017 531467 ARNAVCORP SAIRABANU MOHD RAFIQ FANASWALA B 450000 2.52
7 2/1/2017 534731 BITL TOPMOST COMMERCIAL PVT LTD S 334852 1.45
7 2/1/2017 536659 PVVINFRA K VENKATESWARLU B 192935 12.67
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
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.
03rd Jan 2017
Kapil Shah
Digitally signed by Kapil Shah
DN: cn=Kapil Shah, o=Choice Equity Pvt Ltd,
ou=Research Team,
email=kapil.shah@choiceindia.com, c=US
Date: 2017.01.03 09:01:44 +05'30'