1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
08th Nov 2016
US Market:
Wall Street surged on the eve of the US presidential election, with Democratic nominee Hillary Clinton's prospects
brightening after the FBI said it would not press criminal charges against her over the use of a private email server.
US stocks on Monday racked up their biggest one-day percentage gain since March 1, while a volatility measure
recorded its biggest drop since late June. The Dow Jones industrial average jumped 2.08 percent to end at
18,259.67 points and the S&P 500 surged 2.22 percent to 2,131.52. The Nasdaq Composite added 2.37 percent to
5,166.17.
Asian Market:
Asian shares rose in early Asian trade on Tuesday ahead of the US presidential election, with investor sentiment
buoyed by improving prospects for Democrat Hillary Clinton to win. Clinton is seen by investors as offering greater
certainty and stability, and, until last week's stumble, had been seen as the likely victor in Tuesday's presidential
vote. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent. Japan's Nikkei rose 0.3
percent, aided both by the positive sentiment and a weaker yen. The Indian equity market is expected to open gap
up today tracking Asian indices. SGX Nifty is trading at 8532.50 Up by 23 points.
Canara Bank - CRISIL assigns long term rating of CRISIL AA. India Ratings & Research assigns long term rating of IND
AA
Vijaya Bank to raise NCDs worth Rs750cr
Tata Metaliks - HC of Calcutta approves amalgamation of Tata Metaliks DI Pipes with itself
Heritage Foods & Future Retail - Retail, Bakery, Agri and VetCa verticals of Heritage Foods to be transferred to
Future Retail
Dish TV, Sun TV, hathway, Den - Delhi HC, rejects plea to extend the digitization deadline
FCONSUMER Buy in range of 21.50-22 for Target of 23.50 with SL of 21
On daily chart, stock has formed strong bull candlestick with above average volume which indicates for accentuated
buying activity during last trading session. Moreover, stock has managed to close above its 100 day moving average
which is placed at 21.35 level which shows that stock has enough strength to move upward. A momentum indicator
RSI reading is at 51.68 level and about to make positive crossover which point out for positive breath in the stock.
So for trading perspective, one could Buy in range of 21.50-22 for Target of 23.50 with SL of 21.
MYSOREBANK Buy in range of 537-540 for Target of 560 with SL of 520
On daily chart, stock has formed Hammer candlestick which is a bullish reversal candlestick and indicates for upside
movement. Moreover, stock has strong support at 513 level which suggests that stock could give upward
movement with this support. A momentum indicator RSI reading is at 48.55 level with positive crossover which
point out for positive breath in the stock. So for trading perspective, one could Buy in range of 537-540 for Target of
560 with SL of 520.
Stock in News
Global Update
2. CENTURYTEX, DISHTV, IBREALEST & JINDALSTEL
DCM Shriram Limited; Interim Dividend Rs 2.20 Per Share
Shriram City Union Finance Limited; Interim Dividend Rs 5/- Per Share
Kewal Kiran Clothing Limited; Interim Dividend - Rs 9/- Per Share
Cupid Limited; Interim Dividend Re 1/- Per Share
MRF Limited; Interim Dividend Rs 3/- Per Share
Colgate Palmolive (India) Limited; Interim Dividend Rs 4/- Per Share (Purpose Revised)
Result Calendar:
AKASHDEEP, ALICON, AMCOIND, APARINDS, ASHISHPO, ASHOKLEY, ASIACAP, ASSAPET,
ASUTENT, ATHARVENT, B2BSOFT, BBTC, BENGALASM, BENGALS, BHARATFORG, BHEL, BINNY,
BOMDYEING, CENTRUM, CHARMS, CINELINE, DECCANCE, DHUNTEAIND, DIAMINESQ, ENIL,
EVERESTO, GAGAN, GANGAPHARM, GOCLCORP, GOKUL, GORANIN, GUJTHEM, HEG, HITECHPLAS,
INDIGO, INSECTICID, INTLCOMBQ, JAYENGY, JAYSYN, JETKINGQ, JPTSEC, JTAPARIA, KAMANWALA,
KEC, KERNEX, KHAICHEM, KIRANSY-B, KUSUMEL, LADDERUP, LANCER, LLORF, MAHSHRE,
MCLEODRUSS, MORARKFI, MPILCORPL, MRPL, MRUTR, MSCTC, MUKATPIP, MULTIBASE,
NAGAROIL, NATNLSTEEL, NESCO, NGLFINE, NIKKIGL, NITINSPIN, NORRIS, NORTHPR, ORIENTBELL,
ORVENPR, OSWALEA, PFS, PGIL, PODARPIGQ, PRADPME, PRERINFRA, PUNJCOMMU, RAMASTEEL,
REPCOHOME, ROLCOEN, SAKUMA, SANGHIIND, SARDAPLY, SELLWIN, SHBCLQ, SHREESEC,
SHREYANIND, SIKA, SMLISUZU, SOFTBPO, SPICEISL, STRLGUA, SUTLEJTEX, TATACOMM, TFL,
THEMISMED, TPROJECT, UFO, VANDANA, VESUVIUS, VIDLI, VINYLINDIA, VISTR, WABAG,
WABCOINDIA, WALCHPF, WANBURY, WILLAMAGOR, WILLIMFI, ZFSTEERING.
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
08th Nov 2016
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 4/11/2016 500510 LT ADMINISTRATOR OF THE SPECIFIED UNDERTAKING OF THE UNIT TRUST OF IS 4941234 1416.05
2 4/11/2016 511742 CHOKSEC RAMAKANT RULIRAMCHOKHANI B 897600 24.40
3 4/11/2016 532692 RMCL BP FINTRADE PRIVATE LIMITED S 863422 19.74
4 4/11/2016 532944 ONMOBILE NOMURA SINGAPORE LIMITED B 859666 105.75
5 4/11/2016 532944 ONMOBILE CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITEDS 859666 105.75
6 4/11/2016 532692 RMCL BP FINTRADE PRIVATE LIMITED B 814435 19.14
7 4/11/2016 511742 CHOKSEC R.R. CHOKHANI STOCK BROKERS PRIVATE LTD., S 525600 24.40
7 4/11/2016 537259 SUYOG ALPANA SANJAY DANGI S 382800 450.00
7 4/11/2016 511742 CHOKSEC CHOKHANI CUSTODIAN SERVICES PVT LTD S 372000 24.40
7 4/11/2016 538520 SBL ASHOKBHAI G SAKARIYA S 313133 0.84
Corporate Action / Result Calendar
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
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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
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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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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.
08th Nov 2016
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: 2016.11.08 08:38:27 +05'30'
