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1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Pharma major Glenmark Pharmaceuticals Ltd on Monday said it has entered into an agreement with Particle Sciences, Inc. to developand
market a generic version of Celgene’s ABRAXANE, used in the treatments of breast and lung cancers. As per the deal, Glenmark has
obtained global exclusive marketing and distribution rights of the product upon commercialization, it said. Also, Particle Sciences will
develop this product exclusively for Glenmark, and shall receive certain milestone payments during various stages of the product’s
developmentfromGlenmark,includingroyaltiesonsales,itadded.
Technical Outlook: On daily chart, stock has given positive breakout of its horizontal resistance line which was placed at 880 level.
Moreover,stockhasbeentradingaboveits21daymovingaveragewhichisplacedat868levelwhichshowsthatneartermtrendisupand
stock could further accelerates its upside movement from the present level. A momentum indicator RSI Reading is at 66.95 level with
positive crossover which pointout for positive breath in the stock. So for trading perspective, one could Buyinrange of 917-921 for Target
of939withSLof908.
GLENMARK
LLOYDELENG
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
20th Sep 2016
Buy in range of 271-273.50 for Target of 279 with SL of 268.20
Buy in range of 917-921 for Target of 939 with SL of 908
Lloyd Electric & Engineering Ltd, manufacturer and seller of heat exchangers and evaporator coils, on Monday said it has been awarded
major India Locomotive HVAC Contract by GE Transportation to supply custom designed air-conditioning units for the Indian Railways
Marhowra Locomotive project. The contract is for the designing, manufacturing, testing and supplying air-conditioning units to be
manufacturedinLloyd’sfactoryinBhiwadi,Rajasthanoveraperiodof11years,itsaid.
TechnicalOutlook:Ondailychart,stockhas givenpositivebreakoutwithaboveaveragevolume,whichindicatesthat further upside
movement can be seen from the present level. Moreover, stock has been trading above its 21 day moving average which is placed
at 256 level, which shows that near term trend is up. A momentum indicator RSI reading is at 65.10 level with positive crossover
which point out for positive breath in the stock. So for trading perspective, one could Buy in range of 271-273.50 for Target of 279
withSLof268.20
Asian shares edged lower on Tuesday as investors nervously waited on the outcomes of the Federal Reserve and Bank of Japan policy
meetings that begin later in the session. Global markets have been blowing hot and cold in recent weeks over the Fed's intentions, not
helped by both hawkish and dovish comments from several Fed officials over this period. MSCI's broadest index of Asia-Pacific shares
outside Japan was slightlylower inearly trading, after major US indexesendeda choppy sessionnearly flat. Japan'sNikkei stock index shed
0.5 percent, as trading resumed after a public holiday on Monday. The Indian equity market is expected to open flat to negative today
trackingAsianindices.SGXNiftyistradingat8803Downby22points.
A see-saw session on Wall Street on Monday ended little changed, with gains in big bank stocks offsetting a drag from Apple, as investors
bracedfor the Federal Reservemeeting later thisweek.The Fed isexpectedtoleaveinterestratesunchangedatthe two-daymeeting,but
investors will assess Chair Janet Yellen's speech on Wednesday to see if the central bank plans to hike as soon as December. After trading
solidlyhigherduringthemorning,thebenchmarkS&P500pulledbackandslidbrieflyintonegativeterritory.Theindexhastalliedfourdaily
movesofatleast1 percentinthepastcoupleofweeksafter twomonthsofcalm.The DowJonesindustrialaverage fell3.63 points,or0.02
percent, to 18,120.17, the S&P 500 lost 0.04 points, to 2,139.12 and the Nasdaq Composite dropped 9.54 points, or 0.18 percent, to
5,235.03.

2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
20th Sep 2016
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
AMD Industries Limited; Annual General Meeting/Dividend - Re 0.50 Per Share
Bannari Amman Spinning Mills Limited; Annual General Meeting/Dividend - Rs 1.60 Per Share
Bharat Rasayan Limited; Dividend - Rs 1.20 Per Share
IMP Powers Limited; Annual General Meeting/Dividend - Re 0.50 Per Share
MT Educare Limited; Annual General Meeting/Dividend - Rs 1.40 Per Share
Patel Integrated Logistics Limited; Annual General Meeting/Dividend - Re 0.50/- Per Share
Panama Petrochem Limited; Annual General Meeting/Dividend - Re 0.50 Per Share
JBF Industries Limited; Dividend Re 1/- Per Share
Setco Automotive Limited; Annual General Meeting/Dividend - Re 0.80 Per Share
PVR Limited; Dividend - Rs 2/- Per Share
Shivam Autotech Limited; Annual General Meeting And Dividend Re.0.40 Per Share
Shiva Texyarn Limited; Annual General Meeting/Dividend - Rs 1.10 Per Share
Tide Water Oil Company (India) Limited; Annual General Meeting/Dividend Rs 87.50 Per Share
Tamil Nadu Newsprint & Papers Limited; Annual General Meeting/Dividend - Rs 7.50 Per Share
Ucal Fuel Systems Limited; Dividend - Rs 3.50 Per Share
Sree Rayalaseema Hi-Strength Hypo Limited; Annual General Meeting/Dividend - Rs 1.50 Per Share
Zicom Electronic Security Systems Limited; Dividend-Re 0.50 Per Share
Vishnu Chemicals Limited; Annual General Meeting (Book Closure Dates Revised)
V-Mart Retail Limited; Annual General Meeting/ Dividend - Re 0.10/- Per Share
Result Calendar:
ANKITMETAL, ROHITFERRO & SGJHL
Corporate Action / Result Calendar
Bulk Deal
Security in Ban
CEATLTD, CENTURYTEX, HDIL, IBREALEST, KSCL, RELCAPITAL & WOCKPHARMA
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 19/09/2016 530961 VIKASECO SAHYOG CREDITS LIMITED S 2499000 13.75
2 19/09/2016 533144 COX&KINGS HSBC GLOBAL INVESTMENT FU NDS MAURITIUS S 1570000 232.00
3 19/09/2016 533144 COX&KINGS HSBC GLOBAL INVESTMENT FUNDS INDIAN EQ B 1570000 232.00
4 19/09/2016 517554 NHCFOODS DINESH SHAH B 919983 18.31
5 19/09/2016 517554 NHCFOODS DINESH SHAH S 907152 18.24
6 19/09/2016 533208 EMAMIPAP MONET SECURITIES PRIVATE LTD S 775000 68.68
7 19/09/2016 536738 STELLAR IFL ENTERPRISES LIMITED S 750000 9.85
7 19/09/2016 517554 NHCFOODS ANKUR TUKARAMMAYEKAR S 611133 19.11
7 19/09/2016 517554 NHCFOODS ANKUR TUKARAMMAYEKAR B 611133 19.01
7 19/09/2016 535466 SRL HEMSEC LTD S 544800 14.90

3. SEBI Certified – Research Analyst www.choiceindia.com
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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
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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
20th Sep 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: 2016.09.20 08:34:57 +05'30'