#ChoiceBroking #MorningTea

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
22nd March 2017
 World Market:
 Wall Street fell sharply on Tuesday as investors worried that President Donald Trump will struggle to deliver
promised tax cuts that propelled the market to record highs in recent months, with nervousness deepening
ahead of a key healthcare vote.
 Republican party leaders aim to move controversial healthcare legislation to the House floor for debate as early
as Thursday. But they can only afford to lose about 20 votes from Republican ranks, or risk the bill failing, since
minority Democrats are united against it.
 With valuations stretched, investors see the Trump administration's struggles to push through the healthcare
overhaul as a sign he may also face setbacks delivering promised corporate tax cuts. Expectations of those tax
cuts are a major reason for the 10-percent surge in the S&P 500 since Trump's election.
 The Dow Jones Industrial Average dropped 1.14 percent to end at 20,668.01 points, while the S&P 500 lost 1.24
percent to 2,344.02. The Nasdaq Composite fell 1.83 percent to 5,793.83.
 Asian Market:
 Asian stocks fell on Wednesday as a sharp pullback in Wall Street on doubts about Donald Trump's economic
agenda prompted investors to rush to safe haven assets such as gold and government bonds.
 MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.5 percent in early trades after it hit its
highest level since June 2015 in the previous session. Early Asian market openers such as Japan and Australia fell
more than a percent.
 The Indian equity market is expected to open gap down today tracking Asian indices. SGX Nifty is trading at 9082,
Down by 69.50 points.
 COAI to urge Telecom Minister to relax Q4 license fee payout
 Chemicals, construction material exports stand at USD 27 bn by December 2016
 D-Mart promoter shows spectacular performance, spikes 114% to Rs 641 on Day 1
 Birla, Colao meet telecom minister, discuss Voda-Idea merger
 BS VI to put very significant economic burden on automakers
 HDIL Buy in the range of 78.35-79.15 for Target of 83.25 with SL of 76.30
On a daily chart, the stock formed a Hammer candlestick with above average volume which is a bullish reversal
indication and indicates for upside movement. Furthermore, the stock has given a breakout of 77.25 level which
indicates robust upside movement in the counter. A momentum indicator RSI reading is at 70.75 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 78.35-79.15 for Target of 83.25 with SL of 76.30.
 NCC Sell in the range of 81.55-82.40 for Target of 77.35 with SL of 84.50
On a daily chart, the stock has formed Bearish Engulfing candlestick with above average volume which indicates
downside move in the counter. Moreover, the stock has given a close below its 50 days moving average which is
placed at 82.70 level which shows that trend has become weak. A momentum indicator RSI reading is at 51.70 level
and about to make a negative crossover which points out for a negative breath in the stock. So for trading
perspective, one could Sell in the range of 81.55-82.40 for Target of 77.35 with SL of 84.50.
Stock/Sector - News
Global Update

2. Pneumatic Holdings Limited; Interim Dividend Rs 7.50 Per Share
Beardsell Limited; Interm Dividend Rs 1.50 Per Share
Sun TV Network Limited; Interim Dividend Rs 5/- Per Share (Purpose Revised)
Result Calendar:
AEL
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
22nd March 2017
Corporate Action / Result Calendar
BHARATFIN, CEATLTD, CENTURYTEX, JETAIRWAWYS, JPASSOCIAT, JSWENERGY, KSCL,
ORIENTBANK, RELCAPITAL, SINTEX & WOCKPHARMA
Security in Ban
Bulk Deal
Deal Date Security Code Security Name Client Name Deal Type Quantity Price
21/03/2017 532939 RPOWER RELIANCE WIND TURBINE INSTALLATORS INDUSTRIE B 60,000,000 48.1
21/03/2017 532939 RPOWER RELIANCE INFRADEVELOPMENT PRIVATE LIMITED S 60,000,000 48.1
21/03/2017 570001 TATAMTRDVR MERRILL LYNCH MARKETS SINGAPORE PTE. LTD. B 6,481,660 284.6
21/03/2017 570001 TATAMTRDVR SWISS FINANCE CORPORATION (MAURITIUS) LTD S 6,481,660 284.6
21/03/2017 502355 BALKRISIND MANOJ HARJIVANDAS MODI B 1,921,437 1429.75
21/03/2017 502355 BALKRISIND KHUSHBOO RAJIV PODDAR S 1,921,437 1429.75
21/03/2017 538860 PANAFIC LALIT MOHANLAL JAIN S 1,000,000 8.92
21/03/2017 531802 PRERINFRA SANKET V SHAH HUF B 875,000 34.31
21/03/2017 531802 PRERINFRA SANKET SHAH S 875,000 34.31
21/03/2017 538860 PANAFIC NEEDFUL FINANCIAL CONSULTANTS PVT LTD B 785,000 8.92

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.
22nd March 2017
Kkunal Parar
Digitally signed by Kkunal Parar
DN: cn=Kkunal Parar, o=Choice Equity
Broking Pvt. Ltd., ou=Research Department,
email=kkuna.parar@choiceindia.com, c=IN
Date: 2017.03.22 08:48:17 +05'30'