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1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
IL&FS Engineering and Construction Company said that it has bagged Rs 162.58 crore order from GAIL for a pipeline in Bihar. The
engineeringmajor"hasreceivedtheFaxofAcceptance(FOA) fromGAIL forlayingandconstructionof pipelinealongwithassociated
facilities of section II pipeline from Chainage 159.70 km to Receiving Terminal Cum Future IP Station-4 at Dobhi (Chainage 345.08
km.)forPhulpur-HaldiaPipelineProject(Phase1B)inBihar",asperaBSEfiling.
Technical Outlook: On daily chart, stock has been trading with its higher bottom formation since last many days. Moreover,
stock has been trading above its 50 day moving average which is placed at 53.50 level which shows that medium term trend is up
and stock could accelerates its upside movement from the present level. A momentum indicator RSI reading is at 47.90 level and
about to make positive crossover which point out for positive breathinthe stock. So for trading perspective, one could Buy in range
of54.00-54.50forTargetof57.65withSLof52.40.
IL&FSENGG
RUCHISOYA
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
13th Oct 2016
Sell in range of 23.80-24.10 for Target of 22.80 with SL of 24.60
Buy in range of 54-54.50 for Target of 57.65 with SL of 52.40
Credit rating agency, CARE has revised rating assigned to Ruchi Soya Industries’ longterm bank facilities to ‘B’ from ‘BB+’. The credit
rating agency has also revised company’s ratings in respect of short term bank facilities to ‘A4’ from ‘A4+’. Ruchi Soya is India’s
leading FMCG Company, India’s number one cooking oil and soy food maker and marketer. It is also the highest exporter of soya
meal,lecithinandotherfoodingredientsfromIndia.
Technical Outlook: On daily chart, stock has formed shooting star candlestick which is a bearish reversal candlestick and indicates
for downside movement. Moreover, stock has been facing strong resistance of its 200 day moving average which is placed at 24.45
level which shows that medium term trend is down and stock might plunge from the present level. A momentum indicator RSI
readingisat66.50 level,neartoitsoverboughtzonewhichpointout fornegativebreathinthestock.Sofortradingperspective,one
couldSellinrangeof23.80-24.10forTargetof22.80withSLof24.60
Asian stocks held near three-week lows and the greenback consolidated recent gains on Thursday after minutes of the last US Federal Reserve
policy meeting indicated a December rate increase was still on the cards. Risk appetite waned, with MSCI's broadest index of Asia-Pacific shares
outside Japan easing 0.2 percent, its lowest since September 21. Early stock markets were mixed with Australia down 0.5 percent while New
Zealand stocks up 0.4 percent. Chinese stocks and the Australian dollar will be firmly in focus with trade data due shortly. Economists will be
watching the trade breakdowns carefully to see whether the yuan's recent weakness has had a beneficial impact. The Indian equity market is
expectedtoopengapdowntodaytrackingAsianindices.SGXNiftyistradingat8665 Downby39points.
The S&P 500 and the Dow Jones industrial average indexes ended Wednesday's session with small gains as expectations for timing on a rate hike
werelargelyunchanged afterUSFederalReserveminutesandinvestorswaitedon earningsreports.Severalvotingpolicymakersjudgedaratehike
would be warranted "relatively soon" if the US economy continued to strengthen, according to minutes from the September policy meeting
released Wednesday afternoon. While keeping rates low has risks, the Fed decided it was more risky to raise rates when they are concerned we
might be seeing a slowdown in economic growth, said Kate Warne, investment strategist at Edward Jones in St. Louis. The Dow Jones industrial
average rose 15.54 points, or 0.09 percent, to 18,144.2, the S&P 500 gained 2.45 points, or 0.11 percent, to 2,139.18 and the Nasdaq Composite
dipped7.77points,or0.15percent,to5,239.02.

2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
13th 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 10/10/2016 533605 PRAKASHCON ARUNA PRAKASH LADDHA S 1845806 20.00
2 10/10/2016 530187 ATHARVENT BHANWAR LAL DARGAR HUF S 1462996 3.87
3 10/10/2016 531467 ARNAVCORP AJIT KANTAK S 558519 3.45
4 10/10/2016 531467 ARNAVCORP GEETA AJAY SHAH S 555000 3.42
5 10/10/2016 531467 ARNAVCORP AJAY RAVINDRA SHAH S 500000 3.42
6 10/10/2016 530191 CHROMATIC AMBE SECURITIES PRIVATE LIMITED S 500000 3.40
7 10/10/2016 532931 BURNPUR GOUTAMCHORARIA S 467509 15.78
7 10/10/2016 531467 ARNAVCORP MALATIBEN ASHOKBHAI DARJI S 448595 3.43
7 10/10/2016 531467 ARNAVCORP MALATIBEN ASHOKBHAI DARJI B 448595 3.42
7 10/10/2016 531934 SUPREMETEX SIVA BALAN JAIPAL B 369774 8.00
Corporate Action / Result Calendar
Gyscoal Alloys Limited; Face Value Split From Rs 10 To Re 1
Result Calendar:
BABA, CERA, CYIENT, GALLISPAT, ORISSASP, RIIL & TCS
IBREALEST, JINDALSTEL & TV18BRDCST

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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against the loss of your entire investment.
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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
13th 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: 2016.10.13 08:42:02 +05'30'