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1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
State-owned power equipment maker BHEL has bagged tworenovation and modernisation (R&M) orders of hydropower plants worth Rs
430 crore, including one from NHPC. According toa statement, the units at both Balimela and Bairasiul have been in operation for over 35
years and the R&M of these units will result in restoration of output capacity, improvement in efficiency and reduction in auxiliary power
consumption,inadditiontoleadingtobetterplantavailability.
Technical Outlook: On daily chart, stock has taken support of its 200 day moving average which is placed at 132.10 level, which shows
that upside movement can be seen from the present level. Besides, stock has strong support of its horizontal trend line which is placed at
132 level, which also indicates for strength in the counter. A momentum indicator RSI reading is at 43.95 level and about to make positive
crossover which point out for positive breath in the stock. So for trading perspective, one could Buy in range of 135 -137 for Target of 142
withSLof132.
BHEL
M&M
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
04th Oct 2016
Buy in range of 1438-1444 for Target of 1473 with SL of 1423
Buy in range of 135-137 for Target of 142 with SL of 132
Homegrown auto major Mahindra & Mahindra Ltd’s (M&M) Farm Equipment Sector (FES) on Monday reported a 69 per cent growth in
total tractor sales at 30,562 units in September FY17. It had sold 18,087 units during the same periodlast year, the company said in a filing
to the BSE. The domestic tractor sales of the company jumped 70 per cent to 29,035 units during the September FY17, as compared to
17,052 unitsduring the same monthayear ago. Further,the company’sexportsrose by48 percent to1,527 units duringthe month,from
1,035unitsinthesamemonthpreviousfiscal,itsaid.
Technical Outlook: Ondaily chart, stockhasgivenbounce backmoveafter taking supportofits horizontal trendline.Moreover,stockhas
given close above its 21 day moving average which is placed at 1424.80 level which shows that near term trend has changed to up. A
momentum indicator RSI reading is at 56.20 level with positive crossover which point out for positive breath in the stock. So for trading
perspective,onecouldBuyinrangeof1438-1444forTargetof1473withSLof1423.
Asian shares wobbled on Tuesday after fading hopes for a reducedDeutsche Bank fine and rising expectations ofa US interest rate hike pressured
WallStreet.MSCI'sbroadestindexofAsia-PacificsharesoutsideJapanwasslightlyhigherinearlytrading,whileJapan'sNikkeistockindexgained0.6
percent as the dollar rose against the yen. The Australian dollar edged up 0.1 percent to USD 0.7679 and Australian shares slipped 0.4 percent,
aheadofamonthlypolicydecisionlateronTuesdayby theReserve BankofAustralia(RBA).TheIndianequitymarketisexpectedtoopenflattoday
trackingAsianindices.SGXNiftyistradingat8779 Downby9.50points.
An index of stocks across the world ended flat on Monday while Wall Street dipped, and oil prices rose to a three-month high after Iran's leader
called on non-OPEC producers to help support prices. The US dollar rose against a basket of its peers after strong manufacturing data, sterling
brushed against a three-decade low versus the greenback and the Colombian peso fell after voters rejected a peace deal to end a more than 50-
year-old war. Traders were on the lookout for news from Deutsche Bank, which is working to reach a settlement with US authorities who have
demanded a fine of up to USD14 billion for the way the bank sold toxic mortgage-backed securities. The German stock market was closed on
Monday but Deutsche's US-listed shares fell as much as 3.7 percent. The stock ended down 0.8 percent at USD12.98 after hitting last week USD
11.185, a record low. The Dow Jones industrial average fell 54.3 points, or 0.3 percent, to 18,253.85, the S&P 500 lost 7.07 points, or 0.33 percent,
to2,161.2 andtheNasdaqCompositedropped11.13points,or0.21percent,to5,300.87.

2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
04th Oct 2016
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Bulk Deal
Security in Ban
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 3/10/2016 522287 KALPATPOWR HSBC GLOBAL INVESTMENT FU NDS MAURITIUS S 1682208 260.00
2 3/10/2016 522287 KALPATPOWR HSBC GLOBAL INVESTMENT FUNDS INDIAN EQ B 1682208 260.00
3 3/10/2016 526506 SYSTMTXC KANISHKDEEP STOCK CONSULTANTS PRIVATE S 580058 9.00
4 3/10/2016 526506 SYSTMTXC SUPERSTAR EXPORTS PRIVATE LIMITED B 580058 9.00
5 3/10/2016 523754 EPCIN RELIANCE CAPITAL LTD S 517000 150.30
6 3/10/2016 526075 VINRKLB MUKESH DHIRAJLAL MAHETALIA S 298500 5.20
7 3/10/2016 530829 CILSEC CANARA SECURITIES LIMITED S 160558 11.01
7 3/10/2016 530829 CILSEC VINOD VINOD KABRA B 141900 11.00
7 3/10/2016 512301 CHMBBRW LESTER LESLIE FERNANDES S 124000 10.92
7 3/10/2016 531867 UNITINT HARSHIL MAYURBHAI SHAH B 84603 9.86
Corporate Action / Result Calendar
Kajaria Ceramics Limited; Face Value Split From Rs 2 To Re 1
Result Calendar:
PRIMESECU
IBREALEST

3. SEBI Certified – Research Analyst www.choiceindia.com
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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
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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
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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
04th Oct 2016
SEBI Registered – Research Analyst www.choicebroking.in * 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: 2016.10.04 08:32:55 +05'30'