#ChoiceBroking #MorningTea

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
13th Jan 2017
 US Market:
The three major US stock indexes closed lower on Thursday as investors waited for fourth-quarter corporate
earnings and details of US President-elect Donald Trump's economic policy eight days ahead of his
inauguration. While stocks pared losses as the session wore on, all but four of the S&P 500's 11 sectors
ended lower, with financials leading the decline a day ahead of the first major earnings reports in that sector.
The S&P had risen 6.4 percent since the Nov. 8 election. The Dow Jones Industrial Average fell 63.28 points,
or 0.32 percent, to close at 19,891, the S&P 500 dropped 4.88 points, or 0.21 percent, to 2,270.44 and the
Nasdaq Composite dipped 16.16 points, or 0.29 percent, to 5,547.49.
 Asian Market:
Asian shares dipped on Friday but remained on track for weekly gains while the dollar was poised for a losing
week, as investors weighed whether President-elect Donald Trump would stress growth-boosting steps when
he takes office. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent, after rising
to its highest levels since late October in the previous session. It was up 1.8 percent for the week. Japan's
Nikkei stock index rose 0.4 percent, on track to shed 1.2 percent for the week. The Indian equity market is
expected to open flat to positive today tracking Asian indices. SGX Nifty is trading at 8446.50 Up by 19.50
points.
 India's share in world GDP to reach 17% this yr: PwC
 Guj signs Rs 77,000-cr MoU with Rlys for bullet train.
 AG clears way for Rs 3,050 cr. penalty on Airtel, Voda.
 TCS CEO N Chandrasekaran is new chairman of Tata Sons.
 BoB declares 200 borrowers as wilful defaulters.
 TORNTPOWER Buy in the range of 185-186.50 for Target of 194 with SL of 181.30
On a daily chart, the stock has formed a long bull candlestick with above average volume which indicates accentuated
buying activity during the last trading session. Moreover, the stock has given breakout of its range bound move which
signifies robust upside movement in the counter. A momentum indicator RSI reading is at 64.45 level with a positive
crossover which points out for a positive breath in the stock. So for trading perspective, one could Buy in the range of
185-186.50 for Target of 194 with SL of 181.30.
 CROMPGREAV Buy in the range of 64-65 for Target of 69 with the SL of 62
On a daily chart, the stock has been trading above its 21 days moving average which is placed at 59.65 level which shows
that near to medium term trend has changed to up. Moreover, the stock has given good upside movement with healthy
volume which indicates that further upside movement would be there. A momentum indicator RSI reading is at 57.55
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 64-65 for Target of 69 with the SL of 62.
Stock in News
Global Update

2. Goa Carbon Limited; Results/Dividend
Result Calendar:
AURUMSOFT, GOACARBON, GRUH, ICSL, IL&FSTRANS, INFY, INTEGHIT, MCX,
NATNLSTEEL, OCTAVE, PROVEST, RASRESOR, TRIUMPIN.
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
13th Jan 2017
Corporate Action / Result Calendar
CENTURYTEX, IBREALEST, JINDALSTEL, JPASSOCIAT & WOCKPHARMA
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 12/1/2017 530885 AURUMSOFT APMS INVESTMENT FUND LTD S 3000000 0.56
2 12/1/2017 530885 AURUMSOFT AMARJIT SINGH KALRA B 2982000 0.56
3 12/1/2017 531934 SUPREMETEX URMILA DEBI S 492989 6.80
4 12/1/2017 517498 WEBELSOLAR PROSPEROUS VYAPAAR PRIVATE LIMITED S 400000 53.25
5 12/1/2017 517498 WEBELSOLAR PARTON COMMERCIAL PRIVATE LIMITED B 400000 53.25
6 12/1/2017 534731 BITL BHARAT KALABHAI KABIRA S 318878 1.40
7 12/1/2017 534731 BITL BAKUL KALABHAI KABIRA B 318763 1.40
7 12/1/2017 539760 RELICAB ARYAMAN BROKING LIMITED S 180000 35.25
7 12/1/2017 534731 BITL BAKUL KALABHAI KABIRA S 130022 1.41
7 12/1/2017 531196 GAGANPO ANJU R MAHESHWARI S 107500 2.82
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.
13th 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: 2017.01.13 08:45:48 +05'30'