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1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
06th Dec 2016
 US Market:
Wall Street rose on Monday, with the Dow Jones industrials setting fresh record highs, as services sector data gave
further evidence of strength in the domestic economy. US services sector activity hit a one-year high in November,
with a surge in production boosting hiring, following on the heels of Friday's employment report that showed
strong job gains last month. US stocks have climbed since the Nov. 8 election, fuelled by expectations of significant
economic stimulus and cuts in corporate taxes and regulations under President-elect Donald Trump. The Dow
Jones industrial average rose 45.82 points, or 0.24 percent, to 19,216.24, the S&P 500 gained 12.76 points, or 0.58
percent, to 2,204.71 and the Nasdaq Composite added 53.24 points, or 1.01 percent, to 5,308.89.
 Asian Market:
Asian stocks opened higher on the back of a strong Wall Street with markets discounting the potential impact of
Italy's referendum vote, while US Treasury yields firmed as robust economic data pointed to an interest rate hike
next week. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent in early trade with
Antiopodean markets leading gains. Korea climbed 1 percent in opening trades. Wall Street rose on Monday, with
the Dow Jones industrials setting fresh record highs following services sector data that showed further strength in
the domestic economy. . The Indian equity market is expected to open flat today tracking Asian indices. SGX Nifty
is trading at 8153 Down by 18 points.
 Tata Power SED wins Rs 200 cr order from defence
 Adani’s Australian mine project gets approval for rail line, camp
 Cipla’s inhalable insulin fails to get approval for trials
 Adani secures milestone in controversial $16 bn Australian coal project
 NMDC Buy in range of 122-120 for Target of 130 with SL of 118
After a breakout of inverted Head & Shoulder pattern stock has entered into intermediate correction move which
has halted at its 100 day medium term moving average, it has acted as trend decider for stock. Post bounce stock is
forming potential flag pattern which indicates continuation of its positive momentum. Momentum oscillator RSI has
crossed above its average line which can be considered as positive crossover. So based on above structure one can
create buy position in the range of 122 to 120 with SL of 118 and target at 130 level.
 SUNPHARMA Sell in range of 713-716 for Target of 690 with SL of 725
On daily chart, Stock has been trading in lower top lower bottom formation. Stock has given well respect to 50
simple daily moving average. More over from past three day stock is couldn’t sustain above 50 simple daily moving
average which is place at 723. Apart from that, bearish candlestick pattern with is looking like evening start. A
momentum indicator RSI reading below centre line at same time find strong negative divergence which point out
negative breath for stock.
Stock in News
Global Update

2. Tide Water Oil Company (India) Limited; Interim Dividend Rs 50/- Per Share
Result Calendar:
DCW, FRETAIL, SHIVMED, SUBEX, SURYAROSNI & VENKYS
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
06th Dec 2016
Corporate Action / Result Calendar
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 5/12/2016 521113 SUDTIND-B NIKHIL VORA B 214206 41.44
2 5/12/2016 521113 SUDTIND-B PAWAN KISHORILAL AGARWAL S 200000 41.00
3 5/12/2016 535136 KFL SANGAM ADVISORS LIMITED S 119000 8.40
4 5/12/2016 535136 KFL GANESH RAMESH NIBE B 119000 8.40
5 5/12/2016 534731 BITL BHARAT KALABHAI KABIRA S 104115 2.04
6 5/12/2016 534731 BITL BHARAT KALABHAI KABIRA B 104115 2.03
7 5/12/2016 538546 BRPL HEM SEC LTD S 104000 39.25
7 5/12/2016 538546 BRPL HEM INSURANCE BROKERS LIMITED B 104000 39.25
7 5/12/2016 534731 BITL competent textiles pvt ltd S 100000 2.01
7 5/12/2016 539853 GOLDENCAP ANILKUMAR SHIVRATAN BHOOTRA S 54950 32.90
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
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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 Dec 2016
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: 2016.12.06 09:01:07 +05'30'