1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Adani Ports and Special Economic Zone Ltd said that it has raised Rs 1000 crore by issuing Non-Convertible Debentures (NCDs) each on private placement
basis. “The Company has raised Rs. 1,000 crores on July 18, 2016 by allotment of 10,000 Rated, Listed, Secured, Taxable, Redeemable, Non-Convertible
Debentures(NCDs)ofthefacevalueofRs.10,00,000/-eachonprivateplacementbasis,”itsaidinafilingtotheBombay StockExchange.ThesaidNCDs will
belistedontheWholesaleDebtMarketsegmentofBSELimited,thefilingadded..
Technical Outlook: On daily chart, stock has been trading in a higher top higher bottom formation since last many days, which
indicates that stock could likely to continuous its upside movement from the present level. Moreover, stock has beentradingabove
its 100 daymovingaverage whichis placedat 215.80 level,whichshowsthat near toshorttermtrend is up. Amomentum indicator
RSI reading is at 60.30 level with positive crossover, which point out for positive breath in the stock. So for trading perspective, one
couldBuyinrangeof215-217forTargetof221.50withSLof212.80.
ADANIPORTS
NTPC
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
19th July 2016
Buy in range of 153.50-155 for Target of 158.80 with SL of 151.75
Buy in range of 215-217 for Target of 221.50 with SL of 212.80
NTPChasachievedsavings ofapproximately30 paiseperunit–approximatelyRs 550 croreper month –on accountof coalrationalisationandreductionin
imports of fossil fuel, Parliament was informed, said the media report. Further, due to various efficiency measures, including reduction in grade slippage,
specific coal consumption (coal consumed per unit) in the first quarter of 2016-17 has come down by 2.9 per cent as against the same quarter in the
previous fiscal, the minister said as per the PTI report. The minister further said the government has taken various measures in order to ensure synergy
between powerand coal sectors.The coalavailability, hesaid, isregularly monitoredatthehighestlevel,resultingin increased supplyof domestic coal. The
blockshavebeenallottedtocertainpowerutilitiestoimprovedomesticcoalavailabilityand100percentcrushedcoalissuppliedfromCoalIndia.CoalIndia,
hesaid,willsupply100percentwashedcoalofG10gradeandabovefromOctober1,2018,accordingtoenvironmentministryguidelines.
Technical Outlook : On daily chart, stock has been trading in a higher top higher bottom formation since last many days, which indicates
that stock could likely to continuous its upside movement fromthe present level. Moreover, stock has been continuously trading above its
21 day moving average which is placed at 153.90 level, which shows that near term trend is up and stock could accelerate its upside
movement.AmomentumindicatorRSIreadingisat56.70levelwithrisingtrendline,whichpointoutforpositivebreathinthestock.Sofor
tradingperspective,onecouldBuyinrangeof153.50-155.00forTargetof158.50withSLof151.75.
WallStreetclosed slightlyhigheronMondaytomintnewrecordhighsfortheS&P500andtheDowindustrials,fueledbyBankofAmerica'sbetter-
than-expected profit and a major tech sector acquisition. SoftBank's USD 32-billion deal to buy British chip designer ARM Holdings lifted US chip
stocks, and the technology sector led the way higher on the S&P 500. The tech-heavy Nasdaq rose more than the S&P and the Dow. Bank of
America's earnings report continued the momentum for US banks, kicked off by JPMorgan last week. The bank's shares rose 3.3 percent to USD
14.11, helping the S&P financial index .SPSY gain 0.4 percent. Dow Jones industrial average rose 16.5 points, or 0.09 percent, to 18,533.05, for its
seventh consecutive up day. The S&P 500 gained 5.15 points, or 0.24 percent, to 2,166.89 and the Nasdaq Composite added 26.20 points, or 0.52
percent,to5,055.78.
Asian markets were mixed inearly tradeonTuesday,withshares of internet and telecommunicationgiant, SoftBank,tumbling some 10 percent as
the Japanese market re-opened after being closed for a public holiday on Monday. Japan's benchmark Nikkei 225 traded up 0.36 percent, with
stocks receiving a boost from a relatively weaker yen. Australian shares were mixed, with the ASX 200 index trading flat at 5,458.80. The materials
sub-index was under pressure, dropping 0.53 percent as miners remain in focus this week for their second quarter production reports. The SGX
Nifty suggests a gap up opening for our markets as it is trading at 8617.50, up by 37.00 points. The SGX Nifty suggests a positive to gap up opening
forourmarketsasitistradingat8543.00, upby23.50 points.
2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
19th July 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Corporate Action:
IDFC Bank Limited; Dividend - Re 0.25/- Per Share
Agri-Tech (India) Limited; Annual General Meeting
Vaibhav Global Limited; Annual General Meeting
Thangamayil Jewellery Limited; Annual General Meeting/Dividend Re 1/- Per Share (Book Closure
Start Date Revised)
TECHINDIA NIRMAN LIMITED; Annual General Meeting
RPG Life Sciences Limited; Annual General Meeting
Akzo Nobel India Limited; Annual General Meeting/Final Dividend Rs.20/- Per Share And Special
Dividend Rs.50/- Per Share
Blue Dart Express Limited; Annual General Meeting/ Dividend - Rs 25/- Per Share + Special Dividend -
Rs 5/- Per Share
Bata India Limited; Annual General Meeting/ Dividend - Rs 3.50/- Per Share
NOCIL Limited; Annual General Meeting/ Dividend - Rs 1.20/- Per Share
Nath Bio-Genes (India) Limited; Annual General Meeting
Morarjee Textiles Limited; Annual General Meeting/ Dividend -Rs 1.40/- Per Share
Redington (India) Limited; Annual General Meeting/Dividend Rs 2.10 Per Share
Result Calendar:
GLFL, LINDEINDIA, ULTRACEMCO & WIPRO
Corporate Action / Result Calendar
Bulk Deal
Security in Ban
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 18/07/2016 526987 URJAGLOBA SHREE BHUVANAKARAMTRADINVEST PVT LTD B 3325000 1.06
2 18/07/2016 526987 URJAGLOBA MANI ENTERPRISE S 3232292 1.06
3 18/07/2016 526987 URJAGLOBA SHREE BHUVANAKARAMTRADINVEST PVT LTD S 3212733 1.06
4 18/07/2016 526987 URJAGLOBA MALVI AND CO B 3200000 1.06
5 18/07/2016 530779 DYNAMICP PRAMOD KUMAR S 702400 11.52
6 18/07/2016 530779 DYNAMICP PRINCEP TRADE & FINANCE PVT LTD B 702400 11.52
7 18/07/2016 538520 SBL AMITABH SANDUJA S 616906 2.53
8 18/07/2016 538520 SBL DIVYABEN SHAILESHBHAI BAVISHIYA B 595000 2.51
9 18/07/2016 531499 SYBLY DINESH SHAH B 468236 8.47
10 18/07/2016 538520 SBL PRAFUL MUKESHBHAI VAGHELA B 312321 2.52
BANKINDIA, CANBK, IBREALSEST, JINDALSTEL, JPASSOCIAT & RCOM
3. SEBI Certified – Research Analyst www.choiceindia.com
Contact Us
www.choiceindia.com
www.choiceindia.comcustomercare@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
Kunal Parmar Research Associate
Amit Pathania Research Associate
Vikas Chaudhari Research Associate
Kapil Shah Research Associate
Rajnath Yadav Research Associate
Satish Kumar Research Associate
Morning Tea
19th July 2016
SEBI Registered – Research Analyst www.choiceindia.com * 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: 2016.07.19 08:39:07 +05'30'