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1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Canara Bank on Wednesday said that the Ministry of Human Resources Development, Government of India (MHRD, GOI) has
appointed the state-controlled lender for establishment of Higher Education Financing Agency (HEFA). “The Ministry of Human
Resources Development, Government of India (MHRD, GOI) has decided to set up an Higher Education Financing Agency (HEFA) to
give a major push for creation of high quality infrastructure in premier institutions viz., IITs, IIITs, NIITs, IISERs, Central Universities
etc.,”CanaraBanksaidinafilingtotheBombayStockExchange.
Technical Outlook: On daily chart, stock has been trading in a higher top higher bottom formation since last many days and it
seems that stock could further continue with its ongoing move. Moreover, stock has been trading above its 21 day moving average
which also indicates for positive movement inthe stock. A momentum indicator RSI reading is at 69.71 level with positive crossover
whichpointout for positive breath inthe stock. So for trading perspective, one could Buy in range of 333-335 for Target of 342 with
SLof330.
CANBK
POWERGRID
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
06th Oct 2016
Buy in range of 180-181.50 for Target of 185.50 with SL of 178
Buy in range of 333-335 for Target of 342 with SL of 330
Power GridCorporationof India Ltd has informed BSE that POWERGRIDUnchahar TransmissionLimited, a wholly ownedsubsidiary
ofPower GridCorporationof IndiaLimited, securedthoughTariff BasedCompetitive Bidding(TBCB), hassuccessfully completedthe
projectcomprisingtheelementUnchahar-Fatehpur400kVD/clineanddeclaredcommercialoperationonOctober01,2016.
Technical Outlook: On daily chart, stock has been trading above its 21 day moving average which is placed at 179.10 level which
shows that stock’s trend is upand stock could further accelerates its upside movement. Moreover, stock has strong support at 173-
175 level, a level fromwhere stockgave goodbounce back in past. Amomentum indicator RSI readingis at 55.52 level withpositive
crossoverwhichpointoutforpositivebreathinthestock.Sofortradingperspective,onecouldBuyinrangeof180-181.50forTarget
of185.50withSLof178.
Asianshares firmedon Thursday, encouraged by stronger US economic data and a rise inoil prices, while growingprospects of a US
rate hike hit goldandthe boostedthe dollartoone-monthhighsversus the yen.MSCI's broadest indexof Asia-Pacificsharesoutside
Japanrose0.2percentwhileJapan'sNikkeigained0.9percent.Eurozonebondyieldshavepickedupsincethen,withGermany's10-
yearBundyieldrisingbacktonearzeropercentfrom21/2-monthlowofminus0.16percenthitlastweek.TheIndianequitymarket
isexpectedtoopenflattodaytrackingAsianindices.SGXNiftyistradingat8787Upby16.50points.
Stocks on Wall Street rose Wednesday led by the energy sector as oil prices rallied and as financials gained on the increasing
likelihoodofaninterestratehikeafterstrongeconomicdata.ActivityintheUSservicessectorhitan11-monthhighinSeptember,an
encouraging sign for economic growth that may nudge the Federal Reserve toward an interest rate increase before the year ends.
Banks,seenbenefitingfromaneventual rate hike, gained2 percent as a group-themost for any day intwomonths. TheDow Jones
industrial average rose 112.58 points, or 0.62 percent, to 18,281.03, the S&P 500 gained 9.24 points, or 0.43 percent, to 2,159.73
andtheNasdaqCompositeadded26.36points,or0.5percent,to5,316.02.

2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
06th 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 5/10/2016 532805 REDINGTON DAHLIA COMMODITIES SERVICES PRIVATE LIMI B 13919094 110.01
2 5/10/2016 532805 REDINGTON MORGAN STANLEY ASIA (SINGAPORE) PTE S 13919094 110.00
3 5/10/2016 532351 AKSHOPTFBR USHA JAIN S 1100000 22.63
4 5/10/2016 514165 INDIANACRY PARTH INFIN BROKERS PVT. LTD. B 702276 20.82
5 5/10/2016 514165 INDIANACRY PARTH INFIN BROKERS PVT. LTD. S 670026 21.31
6 5/10/2016 500256 LOKHSG HRIDAYNATH CONSULTANCY PRIVATE LIMITED B 450000 3.58
7 5/10/2016 500256 LOKHSG PARASNATH TEXTILES LTD S 420971 3.58
7 5/10/2016 533090 EXCEL RADHIKA DUBASH B 225000 44.42
7 5/10/2016 526687 POLOHOT SHABNAMMOTIHAR B 140500 9.66
7 5/10/2016 532905 SAAMYABIO RAJENDRA PRANJEEVAN DOSHI S 127746 8.77
Corporate Action / Result Calendar
Asian Granito India Limited; Interim Dividend - Re 0.50 Per Share
Grasim Industries Limited; Face Value Split From Rs 10 To Re 2
Result Calendar:
GMBREW, GOACARBON & KDJHRL
IBREALEST & JINDALSTEL

3. SEBI Certified – Research Analyst www.choiceindia.com
Contact Us
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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
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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
06th 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: 2016.10.06 08:38:09 +05'30'