#ChoiceBroking #MorningTea

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
06th Jan 2017
 US Market:
Major US stock indexes were poised for their first loss of the year on Thursday as investors dumped Macy's and
Kohl's after the department stores reported dismal holiday sales. US stocks have wavered over the past three
weeks following a strong surge in the wake of the November election, with investors expecting President-elect
Donald Trump to stimulate the economy through tax cuts and infrastructure spending. Many on Wall Street want
evidence that his campaign-trail promises will be approved by Republican lawmakers and come to fruition. The
Dow Jones Industrial Average was down 0.29 percent at 19,884.52 points, while the S&P 500 had lost 0.17 percent
to 2,266.82. The Nasdaq Composite added 0.07 percent to 5,480.94.
 Asian Market:
Asian markets traded mixed Friday morning, with Japanese automakers coming under pressure following a tweet
by President-elect Donald Trump directed at Toyota, as well as due to a stronger yen. The Nikkei Stock Average
was down 0.56 percent. Meanwhile, the yen strengthened to 115.66 against the dollar on Friday morning Asia
time, from levels above 118.00 earlier in the week. Elsewhere, Australia's benchmark ASX 200 traded up 0.13
percent, while South Korea's Kospi was up 0.36 percent. The Indian equity market is expected to open flat to
positive today tracking Asian indices. SGX Nifty is trading at 8309.50 Up by 19.50 points.
 Budget Session's second phase likely from Mar 9 to Apr 13
 85% Jio users to retain service after free offer: BofA
 Singh brothers in talks with KKR for Fortis sale
 Japan comes forward to partner India in building smart cities
 SBI to end PoS transaction fees for small merchants
 COROMANDEL Buy in the range of 312-314 for Target of 324 with SL of 305
On an hourly chart, the stock has been trading in a higher top higher bottom formation since five to six days with
ample volume. Moreover, the stock has been trading with a positive crossover of 21*50 days moving average which
shows positive momentum in the stock. A momentum indicator RSI reading is at 73.78 level with a positive
crossover which points out for positive breath in the stock. So for trading perspective, one could Buy in the range of
312-314 for Target of 324 with SL of 305.
 SUNDRMFAST Buy in the range of 310-312 for Target of 325 with SL of 299
On a daily chart, the stock has formed marubozu candlestick with above average which indicates accentuated
buying activity during the last trading session. Moreover, the stock has given close above its 50 days moving
average which is placed at 295.60 which shows that the stock could accelerate its upside movement. A momentum
indicator RSI reading is at 64.45 level with a positive crossover which points out for positive breath in the stock. So
for trading perspective, one could Buy in the range of 310-312 for Target of 325 with SL of 299.
Stock in News
Global Update
As per Yester’s
Morning Tea,
GSFC Up by 4.90%

2. Result Calendar:
WISEC
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
06th Jan 2017
Corporate Action / Result Calendar
JUSTDIAL
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 5/1/2017 532919 ACIASIA ETHAN CONSTRUCTIONS PRIVATE LIMITED S 13802900 0.14
2 5/1/2017 532919 ACIASIA ETHAN CONSTRUCTIONS PRIVATE LIMITED B 4939717 0.14
3 5/1/2017 531467 ARNAVCORP MERITORIOUS REALTY PRIVATE LIMITED S 2500000 2.64
4 5/1/2017 501150 CENTRUM INDIVISION INDIA PARTNERS S 2200000 28.03
5 5/1/2017 531467 ARNAVCORP BP FINTRADE PRIVATE LIMITED S 703770 2.64
6 5/1/2017 531467 ARNAVCORP BP FINTRADE PRIVATE LIMITED B 673172 2.64
7 5/1/2017 531467 ARNAVCORP INVENTURE GROWTH & SECURITIES LTD. S 500002 2.64
7 5/1/2017 532972 SANKHYAIN BEAVER ENGINEERING & HOLDINGS PRIVATE L S 400000 36.11
7 5/1/2017 534731 BITL BHARAT KALABHAI KABIRA B 399879 1.45
7 5/1/2017 531467 ARNAVCORP INVENTURE GROWTH & SECURITIES LTD. B 323866 2.64
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.
06th Jan 2017
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: 2017.01.06 08:56:42 +05'30'