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SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
SyngeneInternationalLtd,oneofAsia’slargestcontractresearchorganizations,onWednesdaysaidithascompletedadealwithStrandLife
Sciences to buy assets of Strand Life Sciences related to systems biology, Heptox and pharma bioinformatics services. Commenting on the
deal,StrandLifeSciences,CMD,VijayChandrusaid,“StrandisgladthatthedealwithSyngenegivesitaccesstotechnologiesfromStrandto
form part of its integrated discovery service offerings. This transaction is also a key step for Strand to focus its energies on personalized
medicinethroughclinicalapplicationsofallitsgenomicstechnologies.”
Technical Outlook: On daily chart, stock has been trading in a strong uptrend since last many days with enough volume, which indicates
that further upside movement can be seen in few trading sessions. Besides, stock has strong support at 470 level which also signifies for
strength in the counter. A momentum indicator RSI reading is at 64.88 level and about to make positive crossover which point out for
positivebreathinthestock.Sofortradingperspective,onecouldBuyinrangeof478-481forTargetof491with SLof473.
SYNGENE
GAIL
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
22nd Sep 2016
Buy in range of 386-388 for Target of 398 with SL of 381
Buy in range of 478-481 for Target of 491 with SL of 473
The Cabinet Committee on Economic Affairs has approved viability gap funding / partial capitalgrant at 40 per cent (Rs 5,176 crore) of the
estimatedcapitalcostofRs12,940 croretoGAILforthedevelopmentof2,539kmlongJagdishpur-HaidiaandBokaro-DhamraGasPipeline
(JHBDPL) project, as per the government release. Further, this project will connect eastern part of the country with National Gas Grid,
addedthereport.
Technical Outlook:Ondailychart,stock hasbeentradingina highertophigher bottomformationsince lastmany days anditseems
that stock couldcontinue withitsongoingmove.Moreover,stockhas beentradingabove its 21 daymovingaverage whichis placed
at 384.50 level, which shows that near term trend is up. A momentum indicator RSI reading is at 52.60 level and about to make
positive crossover which point out for positive breath in the stock. So for trading perspective, one could Buy in range of 386-388 for
Targetof398withSLof381.
Asian shares look set to rise for a sixth straight session on Thursday after the Federal Reserve left US rates unchanged and plotted a lower
trajectory for future hikes, slugging the dollar and boosting commodity prices. Traders expected stocks to at least match the 1.1 percent
gain enjoyed by the S&P 500. MSCI's broadest index of Asia-Pacific shares outside Japan was seen testing its recent one-year peak. While
Tokyo was on holiday on Thursday, stocks were boosted on Wednesday by the Bank of Japan's shift to targeting a positive yield curve, a
move that was considered bullish for banks, insurers and pension funds. The Indian equity market is expected to open gap up today
trackingAsianindices.SGXNiftyistradingat8880.50Upby72points.
Wall Streetrackedup gains onWednesday after the US Federal Reservekept interestrates unchanged, for now leaving intact the low-rate
environment that has helped underpin the bull market. The Nasdaq closed at a record high. The central bank strongly signaledit could still
tightenmonetary policy by theendof this year as thelabor marketimproved further. Earlier on Wednesday, globalmarketsreactedto the
BankofJapan'sabruptshifttotargetinginterestratesongovernmentbondstoachieveitselusiveinflationtarget.Tradersgenerallyhadnot
expected the Fed to raise rates, with bets before the meeting of only an 18 percent chance of a hike, according to the CME Fed Watch
website. The Dow Jones industrial average rose 163.74 points, or 0.9 percent, to 18,293.7, the S&P 500 gained 23.36 points, or 1.09
percent,to2,163.12andtheNasdaqCompositeadded53.83points,or1.03percent,to5,295.18.
SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
22nd Sep 2016
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Polyplex Corporation Limited; Annual General Meeting/Dividend - Rs 3/- Per Share
Ruchira Papers Limited; Annual General Meeting/ Dividend - Rs 1.50/- Per Share
Sri Adhikari Brothers Television Network Limited; Annual General Meeting/Dividend - Re 0.60 Per
Share
Rajesh Exports Limited; Dividend - Re 0.10 Per Share
Sangam (India) Limited; Annual General Meeting/Dividend - Rs 2/- Per Share
Sarla Performance Fibers Limited; Annual General Meeting/Dividend - Re 0.25 Per Share
VAKRANGEE LIMITED; Annual General Meeting/ Divided - Rs 1.25/- Per Share
Somi Conveyor Beltings Limited; Annual General Meeting/Dividend - Re 1/- Per Share
Sreeleathers Limited; Annual General Meeting (Book Closure Start Date Revised)
Steel Strips Wheels Limited; Annual General Meeting/Dividend - Rs 1.50 Per Share
Sunteck Realty Limited; Annual General Meeting/ Dividend - Rs 2/- Per Share
Veto Switchgears And Cables Limited; Annual General Meeting/Dividend - Rs 1.50 Per Share
Viji Finance Limited; Annual General Meeting/Dividend - Re 0.30 Per Share
Vikas EcoTech Limited; Annual General Meeting/ Dividend - Re 0.05/- Per Share
HCL Infosystems Limited; Annual General Meeting (Book Closure End Date Revised)
Omaxe Limited; Annual General Meeting/ Dividend - Re 0.70/- Per Share
kwality limited; Annual General Meeting/Dividend - Re 0.10 Per Share
Mandhana Industries Limited; Scheme Of Demerger
Mangalam Drugs And Organics Limited; Annual General Meeting (Book Closure Dates Revised)
Marksans Pharma Limited; Annual General Meeting/Dividend - Re 0.12 Per Share
Jindal Worldwide Limited; Annual General Meeting/Dividend - Re 0.50 Per Share
Lokesh Machines Limited; Annual General Meeting/Dividend - Re 0.50 Per Share
Nectar Lifesciences Limited; Annual General Meeting/Dividend - Re 0.10 Per Share
Shilpi Cable Technologies Limited; Annual General Meetingdividend - Re 1/- Per Share
Signet Industries Limited; Annual General Meeting/Dividend - Re 0.05 Per Share
SMS Pharmaceuticals Limited; Dividend Re 0.20 Per Share
PNC Infratech Limited; Annual General Meeting/Dividend - Re 0.50 Per Share
S.E. Investments Limited; Annual General Meeting/Dividend - Re 1/- Per Share
Aurionpro Solutions Limited; Annual General Meeting/Dividend - Rs 3/- Per Share
Cybertech Systems And Software Limited; Annual General Meeting/Dividend Re 1/- Per Share
Dredging Corporation of India Limited; Annual General Meeting/Dividend - Rs 3/- Per Share
DS Kulkarni Developers Limited; Annual General Meeting/Dividend - Rs 1.25 Per Share
Alphageo (India) Limited; Annual General Meeting/Dividend Rs 2/- Per Share
Anant Raj Limited; Annual General Meeting/ Dividend - Re 0.24 Per Share
Farmax India Limited; Annual General Meeting (Book Closure Start Date Revised)
Goodluck India Limited; Annual General Meeting/Dividend - Re 0.75 Per Share
GP Petroleums Limited; Dividend - Re 0.10/- Per Share
Idea Cellular Limited; Annual General Meeting/Dividend - Re 0.60 Per Share
Result Calendar:
Corporate Action / Result Calendar
SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
22nd Sep 2016
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Bulk Deal
Security in Ban
CENTURYTEX, HDIL, IBREALEST, JINDALSTEL, KSCL, RELCAPITAL & WOCKPHARMA
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 21/09/2016 534618 SAL DEAR PROJECTS PRIVATE LIMITED S 738960 23.45
2 21/09/2016 534618 SAL ISHWAR ENTERPRISES B 738960 23.45
3 21/09/2016 531467 ARNAVCORP KAMLESHBHAI KANTIBHAI LATHIGARA S 495986 3.39
4 21/09/2016 531467 ARNAVCORP KAMLESHBHAI KANTIBHAI LATHIGARA B 495986 3.37
5 21/09/2016 500337 PRIMESECU SETU SECURITIES PVT LTD B 336565 22.62
6 21/09/2016 531855 PRABHAVIN KINITA REAL ESTATE PRIVATE LIMITED S 300000 1.42
7 21/09/2016 500337 PRIMESECU VIDEOCON INDUSTRIES LIMITED S 276953 22.62
7 21/09/2016 536738 STELLAR AUTOLITE AGENCIES PRIVATE LIMITED B 276000 9.98
7 21/09/2016 536738 STELLAR IFL ENTERPRISES LIMITED S 270000 10.05
7 21/09/2016 526544 SCANPGEOM RAJESH CHANDUBHAI THAKKAR B 200000 23.66
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
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
22nd 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: 2016.09.22 08:44:36 +05'30'

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Morning tea 22 09-2016

  • 1. SEBI Certified – Research Analyst www.choiceindia.com Global View India Update Today’s Event/ Stock in News SyngeneInternationalLtd,oneofAsia’slargestcontractresearchorganizations,onWednesdaysaidithascompletedadealwithStrandLife Sciences to buy assets of Strand Life Sciences related to systems biology, Heptox and pharma bioinformatics services. Commenting on the deal,StrandLifeSciences,CMD,VijayChandrusaid,“StrandisgladthatthedealwithSyngenegivesitaccesstotechnologiesfromStrandto form part of its integrated discovery service offerings. This transaction is also a key step for Strand to focus its energies on personalized medicinethroughclinicalapplicationsofallitsgenomicstechnologies.” Technical Outlook: On daily chart, stock has been trading in a strong uptrend since last many days with enough volume, which indicates that further upside movement can be seen in few trading sessions. Besides, stock has strong support at 470 level which also signifies for strength in the counter. A momentum indicator RSI reading is at 64.88 level and about to make positive crossover which point out for positivebreathinthestock.Sofortradingperspective,onecouldBuyinrangeof478-481forTargetof491with SLof473. SYNGENE GAIL SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website Morning Tea 22nd Sep 2016 Buy in range of 386-388 for Target of 398 with SL of 381 Buy in range of 478-481 for Target of 491 with SL of 473 The Cabinet Committee on Economic Affairs has approved viability gap funding / partial capitalgrant at 40 per cent (Rs 5,176 crore) of the estimatedcapitalcostofRs12,940 croretoGAILforthedevelopmentof2,539kmlongJagdishpur-HaidiaandBokaro-DhamraGasPipeline (JHBDPL) project, as per the government release. Further, this project will connect eastern part of the country with National Gas Grid, addedthereport. Technical Outlook:Ondailychart,stock hasbeentradingina highertophigher bottomformationsince lastmany days anditseems that stock couldcontinue withitsongoingmove.Moreover,stockhas beentradingabove its 21 daymovingaverage whichis placed at 384.50 level, which shows that near term trend is up. A momentum indicator RSI reading is at 52.60 level and about to make positive crossover which point out for positive breath in the stock. So for trading perspective, one could Buy in range of 386-388 for Targetof398withSLof381. Asian shares look set to rise for a sixth straight session on Thursday after the Federal Reserve left US rates unchanged and plotted a lower trajectory for future hikes, slugging the dollar and boosting commodity prices. Traders expected stocks to at least match the 1.1 percent gain enjoyed by the S&P 500. MSCI's broadest index of Asia-Pacific shares outside Japan was seen testing its recent one-year peak. While Tokyo was on holiday on Thursday, stocks were boosted on Wednesday by the Bank of Japan's shift to targeting a positive yield curve, a move that was considered bullish for banks, insurers and pension funds. The Indian equity market is expected to open gap up today trackingAsianindices.SGXNiftyistradingat8880.50Upby72points. Wall Streetrackedup gains onWednesday after the US Federal Reservekept interestrates unchanged, for now leaving intact the low-rate environment that has helped underpin the bull market. The Nasdaq closed at a record high. The central bank strongly signaledit could still tightenmonetary policy by theendof this year as thelabor marketimproved further. Earlier on Wednesday, globalmarketsreactedto the BankofJapan'sabruptshifttotargetinginterestratesongovernmentbondstoachieveitselusiveinflationtarget.Tradersgenerallyhadnot expected the Fed to raise rates, with bets before the meeting of only an 18 percent chance of a hike, according to the CME Fed Watch website. The Dow Jones industrial average rose 163.74 points, or 0.9 percent, to 18,293.7, the S&P 500 gained 23.36 points, or 1.09 percent,to2,163.12andtheNasdaqCompositeadded53.83points,or1.03percent,to5,295.18.
  • 2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com Morning Tea 22nd Sep 2016 SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website Polyplex Corporation Limited; Annual General Meeting/Dividend - Rs 3/- Per Share Ruchira Papers Limited; Annual General Meeting/ Dividend - Rs 1.50/- Per Share Sri Adhikari Brothers Television Network Limited; Annual General Meeting/Dividend - Re 0.60 Per Share Rajesh Exports Limited; Dividend - Re 0.10 Per Share Sangam (India) Limited; Annual General Meeting/Dividend - Rs 2/- Per Share Sarla Performance Fibers Limited; Annual General Meeting/Dividend - Re 0.25 Per Share VAKRANGEE LIMITED; Annual General Meeting/ Divided - Rs 1.25/- Per Share Somi Conveyor Beltings Limited; Annual General Meeting/Dividend - Re 1/- Per Share Sreeleathers Limited; Annual General Meeting (Book Closure Start Date Revised) Steel Strips Wheels Limited; Annual General Meeting/Dividend - Rs 1.50 Per Share Sunteck Realty Limited; Annual General Meeting/ Dividend - Rs 2/- Per Share Veto Switchgears And Cables Limited; Annual General Meeting/Dividend - Rs 1.50 Per Share Viji Finance Limited; Annual General Meeting/Dividend - Re 0.30 Per Share Vikas EcoTech Limited; Annual General Meeting/ Dividend - Re 0.05/- Per Share HCL Infosystems Limited; Annual General Meeting (Book Closure End Date Revised) Omaxe Limited; Annual General Meeting/ Dividend - Re 0.70/- Per Share kwality limited; Annual General Meeting/Dividend - Re 0.10 Per Share Mandhana Industries Limited; Scheme Of Demerger Mangalam Drugs And Organics Limited; Annual General Meeting (Book Closure Dates Revised) Marksans Pharma Limited; Annual General Meeting/Dividend - Re 0.12 Per Share Jindal Worldwide Limited; Annual General Meeting/Dividend - Re 0.50 Per Share Lokesh Machines Limited; Annual General Meeting/Dividend - Re 0.50 Per Share Nectar Lifesciences Limited; Annual General Meeting/Dividend - Re 0.10 Per Share Shilpi Cable Technologies Limited; Annual General Meetingdividend - Re 1/- Per Share Signet Industries Limited; Annual General Meeting/Dividend - Re 0.05 Per Share SMS Pharmaceuticals Limited; Dividend Re 0.20 Per Share PNC Infratech Limited; Annual General Meeting/Dividend - Re 0.50 Per Share S.E. Investments Limited; Annual General Meeting/Dividend - Re 1/- Per Share Aurionpro Solutions Limited; Annual General Meeting/Dividend - Rs 3/- Per Share Cybertech Systems And Software Limited; Annual General Meeting/Dividend Re 1/- Per Share Dredging Corporation of India Limited; Annual General Meeting/Dividend - Rs 3/- Per Share DS Kulkarni Developers Limited; Annual General Meeting/Dividend - Rs 1.25 Per Share Alphageo (India) Limited; Annual General Meeting/Dividend Rs 2/- Per Share Anant Raj Limited; Annual General Meeting/ Dividend - Re 0.24 Per Share Farmax India Limited; Annual General Meeting (Book Closure Start Date Revised) Goodluck India Limited; Annual General Meeting/Dividend - Re 0.75 Per Share GP Petroleums Limited; Dividend - Re 0.10/- Per Share Idea Cellular Limited; Annual General Meeting/Dividend - Re 0.60 Per Share Result Calendar: Corporate Action / Result Calendar
  • 3. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com Morning Tea 22nd Sep 2016 SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website Bulk Deal Security in Ban CENTURYTEX, HDIL, IBREALEST, JINDALSTEL, KSCL, RELCAPITAL & WOCKPHARMA Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price 1 21/09/2016 534618 SAL DEAR PROJECTS PRIVATE LIMITED S 738960 23.45 2 21/09/2016 534618 SAL ISHWAR ENTERPRISES B 738960 23.45 3 21/09/2016 531467 ARNAVCORP KAMLESHBHAI KANTIBHAI LATHIGARA S 495986 3.39 4 21/09/2016 531467 ARNAVCORP KAMLESHBHAI KANTIBHAI LATHIGARA B 495986 3.37 5 21/09/2016 500337 PRIMESECU SETU SECURITIES PVT LTD B 336565 22.62 6 21/09/2016 531855 PRABHAVIN KINITA REAL ESTATE PRIVATE LIMITED S 300000 1.42 7 21/09/2016 500337 PRIMESECU VIDEOCON INDUSTRIES LIMITED S 276953 22.62 7 21/09/2016 536738 STELLAR AUTOLITE AGENCIES PRIVATE LIMITED B 276000 9.98 7 21/09/2016 536738 STELLAR IFL ENTERPRISES LIMITED S 270000 10.05 7 21/09/2016 526544 SCANPGEOM RAJESH CHANDUBHAI THAKKAR B 200000 23.66
  • 4. 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 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 22nd 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: 2016.09.22 08:44:36 +05'30'