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1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Jindal Steel & Power said that it has executed an agreement with a wholly owned subsidiary of India Infrastructure Fund II (which is
represented by its investment manager MEC Alternatives) for sale of 24MW Wind power generation business undertaking situated at
Satara, Maharashtra. The turnover of Business undertaking last financial year (FY16) was approximately Rs 20.86 crore which implies
approximately0.14%ofthestandalone turnover of thecompany(Rs14,936.72 crore).NetWorthoftheBusinessundertakinglastfinancial
year (FY16) was approximately Rs 112 crore which implies approximately 0.98% of the of the standalone net worth of the company (Rs
11,441.47crore).
Technical Outlook On daily char, stock has formed long bull candlestick with above average volume, which indicates for accentuated
buying activity during last trading session. Moreover, stock has given close above its 21 day moving average which is placed at 81.55 level
which shows that near term trend is up. A momentum indicator RSI reading is at 53.64 level with positive crossover which point out for
positivebreathinthestock.Sofortradingperspective,onecouldBuyinrangeof82-83forTargetof86withSLof80.50.
JINDALSTEL
SHIPLAMED
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
05th Oct 2016
Buy in range of 603-600 for Target of 640 with SL of 575
Buy in range of 83-82.50 for Target of 86.50 with SL of 81.50
Drug maker Shilpa Medicare Ltd on Tuesday said it has received the US health regulator’s, United States Food & Drug Administration’s
(USFDA’s), approval to sell Azacitidine injection in the US market. Azacitidine injection is used in the treatment of myelodysplastic
syndrome.EarlierinJulymonth,thecompanysaiditsJadcherlaformulationsfacilitynearHyderabadhasbeeninspectedbytheUSFDAwith
no adverse reactions.
Technical Outlook: Ondaily chartstock has given fresh breakout of following waged pattern.Many more after strong consolidation stock
has successfully closed above 20, 50 and 100 daily moving averages which place at 548, 559 and 527 with above average volume suggest
all time frames are positive for stock. On daily chart momentum indicator RSI has given fresh buy signal with positive divergence which
sowssomeaccumulationatthislevelaswellpositivebreathforstock.
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
05th 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 4/10/2016 534060 PMCFIN VIBRANT SECURITIES PRIVATE LIMITED S 5235355 0.59
2 4/10/2016 534060 PMCFIN VIBRANT SECURITIES PRIVATE LIMITED B 5159257 0.59
3 4/10/2016 533605 PRAKASHCON ARUNA PRAKASH LADDHA S 1000000 19.79
4 4/10/2016 533605 PRAKASHCON VIJAY RATNAKAR GUTTE B 690000 19.79
5 4/10/2016 530191 CHROMATIC PURAN CHAND CHOUDHARY S 607668 3.37
6 4/10/2016 536738 STELLAR MBMBEARINGS (RAJASTHAN) P LTD S 606000 10.26
7 4/10/2016 536738 STELLAR SRK TRADELINKS PRIVATE LIMITED B 606000 10.26
7 4/10/2016 540136 HPL MILLENNIUMSTOCK BROKING PVT LTD S 337545 189.21
7 4/10/2016 540136 HPL MILLENNIUMSTOCK BROKING PVT LTD B 337545 189.09
7 4/10/2016 519560 NEHAINT SONALI ATUL AJMERA S 248281 6.83
Corporate Action / Result Calendar
Result Calendar:
IBREALEST

3. SEBI Certified – Research Analyst www.choiceindia.com
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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
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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
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
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against the loss of your entire investment.
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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
05th Oct 2016
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website