#ChoiceBroking #MorningTea

1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Credit rating agency, CRISIL has upgraded rating of Bajaj Finance’s bank facilities. The credit rating agency has upgraded company’s
rating in respect of Long Term Bank Loan, Non-Convertible Debentures, Subordinated Debt and Lower Tier-II Bonds from
‘AA+/positive’ to ‘AAA/stable’ outlook. Besides, the credit rating in respect of short term bank loan, short term debt and fixed
depositscontinuestoremainthesameie.,‘A1+’forshorttermbankloanandshorttermdebtand‘FAAA/Stable’forfixeddeposits.
Technical Outlook: Ondaily chart, stock has beentradingwith its strongsupportof 50 daymoving average which is placedat
1062.70 level which shows that near to medium term trend is up and stock could further accelerates its upside movement.
Moreover, onsmaller time frame, stock has strong support of 1050 level which also indicates for bounce back move inthe counter.
Amomentum indicator RSI readingis at 49.90andabouttomake positivecrossoverwhichpointout for positive breath inthe stock.
Sofortradingperspective,onecouldBuyinrangeof1074-1078forTargetof1100withSLof1063.
BAJFINANCE
BHUSANSTL
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
07th Oct 2016
Buy in range of 43-44 for Target of 47 with SL of 41.50
Buy in range of 1074-1078 for Target of 1100 with SL of 1063
Creditors of Bhushan Steel Ltd have decided to restructure the Rs45,000 crore loans of the company under the Reserve Bank of
India’s (RBI’s) latest norms, two bankers with direct knowledge of the development said. State Bank of India (SBI) and Punjab
National Bank (PNB)leadthelenders who willimplement the scheme forsustainablestructuringofstressedassets (S4A)atthesteel
firm,whichowesnearlyRs45,000crore.
Technical Outlook: Ondailychart,stock has beentradingabove its 100 day movingaverage whichis placedat 39.35 whichshows
that medium term trend is up and stock could accelerates its upside movement. Moreover, stock has given breakout of its range
bound move with above average volume which indicates for robust upside movement. A momentum indicator RSI reading is at
60.10levelwithpositivecrossoverwhichpointoutforpositivebreathinthestock.Sofortradingperspective,onecouldBuyinrange
of43-44forTargetof47withSLof41.50.
Asian shares dipped but held not far from the 14-month high touched last month ahead of the US jobs report later in the day, with
MSCI's broadest index of Asia-Pacific shares outside Japan down 0.2 percent and Japan's Nikkei slipping 0.1 percent. The Indian
equitymarketisexpectedtoopenflattodaytrackingAsianindices.SGXNiftyistradingat8740.50Upby1.00points.
Major US stock indexes closed little changed on Thursday, even as declining names outnumbered advancers, ahead of job market
data seen as key to determine whether the Federal Reserve will raise rates before the end of the year. Gains in crude prices gave
support to the idea that the economy is strengthening, as did a report that showed the number of Americans filing for
unemployment benefits fell unexpectedly last week to a near 43-year low. The data comes a day before the payrolls report for
September, expected toshowthe USeconomy created 175,000 jobs lastmonth. TheDowJones industrial average fell 12.53 points,
or 0.07 percent, to 18,268.5, the S&P 500 gained 1.04 points, or 0.05 percent,to 2,160.77andthe Nasdaq Composite dropped 9.17
points,or0.17percent,to5,306.85.

2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
07th 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 6/10/2016 534741 VIRTUALG NAVINCHANDRA MPATEL (HUF) S 2965000 3.77
2 6/10/2016 534741 VIRTUALG NAVINCHANDRA MPATEL (HUF) B 2965000 3.74
3 6/10/2016 534741 VIRTUALG MALVI AND CO S 2960000 3.74
4 6/10/2016 534741 VIRTUALG MANI ENTERPRISE B 2920000 3.78
5 6/10/2016 500256 LOKHSG PARASNATH TEXTILES LTD S 991146 3.74
6 6/10/2016 500256 LOKHSG HRIDAYNATH CONSULTANCY PRIVATE LIMITED B 450000 3.74
7 6/10/2016 539446 KRISHFAB URMILA DEBI S 237600 84.91
7 6/10/2016 539446 KRISHFAB URMILA DEBI B 237600 84.58
7 6/10/2016 532986 NIRAJ GUL KEWALRAMBIJLANI B 150000 10.03
7 6/10/2016 539446 KRISHFAB RAJ SANDIP AGNIHOTRI S 125255 84.70
Corporate Action / Result Calendar
Prakash Constrowell Limited; Interim Dividend Re 0.05 Per Share
Result Calendar:
SOUTHBANK
IBREALEST & JINDALSTEL

3. SEBI Certified – Research Analyst www.choiceindia.com
Contact Us
www.choicebroking.in
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.
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
07th 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: 2016.10.07 08:45:45 +05'30'