#ChoiceBroking #MorningTea

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
23rd Jan 2017
 World Market:
US stocks closed higher on Friday in a modest but broad-based advance as Donald Trump was sworn in as US President,
marking the first time in more than 50 years that a new commander-in-chief has been welcomed by a rising equity
market on his first day in office. In his speech, Trump said US policy will be to buy American and hire American,
reiterating what he had said many times during this campaign for the White House. Some investors said the comments
reinforced concerns about potential protectionist trade policies. Indexes pared gains during his speech and ended off
the highest levels of the day. However, the rally in stocks since the November 8 election had stalled in recent weeks as
investors awaited clarity on his plans to boost the economy. All three major indexes ended with losses for the week.
The Dow Jones Industrial Average snapped a five-session losing streak, closing up 94.85 points, or 0.48 percent, to
19,827.25. The S&P 500 gained 7.62 points, or 0.3 percent, to 2,271.31 and the Nasdaq Composite added 15.25 points,
or 0.28 percent, to 5,555.33.
 Asian Market:
Asia markets were mixed on Monday, after a weekend dominated with Donald Trump inauguration headlines, including
plans to possible renegotiate the North American Free Trade Agreement and abandon the Trans-Pacific Partnership
(TPP) deal. The new administration said last Friday that its trade strategy to protect American jobs would begin with the
withdrawal from the TPP and "crack down on those nations that violate trade agreements and harm American workers
in the process." Australia's ASX 200 fell 0.36 percent after initially trading higher, as its industrials sub index dropped
3.55 percent. Japan's Nikkei 225 dropped 1.06 percent, likely weighed by the advancing yen as the dollar/yen pair
slipped below the 114 handle. The Indian equity market is expected to open flat to negative today tracking Asian
indices. SGX Nifty is trading at 8358 Down by 14 points.
 RIL to raise $2.25 billion more via foreign borrowings.
 OMCs may recoup card charges at motor fuel outlets through price hikes.
 20 projects to cut costs, improve efficiency: Tata Motors
 CCI imposes penalties on cement companies for bid-rigging, cartelization
 SEBI accepts Tata view on corporate governance issues raised by Mistry
 KRBL Buy in the range of 342-345 for Target of 358 with SL of 334
On a daily chart, the stock has given close above its four day’s high and positively engulfed with above average volume.
Moreover, the stock has been trading in a higher top higher bottom formation which indicates further upside movement
in the counter. A momentum indicator RSI reading is at 72.75 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 342-345 for Target of 358 with SL of 334.
 ADANIPOWER Sell in the range of 34-35 for Target of 31 with SL of 36.50
On a daily chart, the stock has formed long bearish candlestick with above average volume which indicates accentuated
selling pressure during the last trading session. Moreover, the stock has negatively engulfed its last six days trading gains
which show negative momentum in the counter. A momentum indicator RSI reading is at 54.60 level with a negative
crossover which points out for a negative breath in the stock. So for trading perspective, one could Sell in the range of 34-
35 for Target of 31 with SL of 36.50.
Stock in News
Global Update

2. Bajaj Corp Limited; Interim Dividend Rs 11.50/- Per Share
Tata Consultancy Services Limited; Interim Dividend Rs 6.50 Per Share
Result Calendar:
3IINFOTECH, AHMDSTE, AKSCHEM, ASHOKA, ASIANPAINT, BETALA, BIBCL, CEREBRAINT,
CHEMOPH, CHENNPETRO, DAL, DEEPIND, DEN, EIHOTEL, ELNET, GICHSGFIN, GNFC, GOTHIPL,
GREENFIRE, GSFC, GUJHOTE, HINDUNILVR, ICVLSTEELS, IDEA, INFRATEL, INTELLADV,
INTELLCAP, ITHL, JCHAC, JMFINANCIL, JSWHL, KELENRG, KIRLFER, KOFFBREAK, LKPFIN, LKPSEC,
LTI, MARUTISE, MMRUBBR-B, NALINLEA, NOCIL, NUCLEUS, ODYCORP, ONWARDTEC,
ORIENTHOT, PEOPLIN, PFC, QUESS, RML, SCHABLON, SUMEETINDS, SURAJLTD, TATACOMM,
TATAYODOGA, UPSURGE.
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
23rd Jan 2017
Corporate Action / Result Calendar
CENTURYTEX, JINDALSTEL, JISLJALEQS, JPASSOCIAT, JUSTDIAL & RCOM
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 20/01/2017 500119 DHAMPURSUG GOEL INVESTMENTS LIMITED S 600000 162.55
2 20/01/2017 500119 DHAMPURSUG ANIL KUMAR GOEL B 540000 162.50
3 20/01/2017 500119 DHAMPURSUG ANIL KUMAR GOEL B 359080 162.51
4 20/01/2017 538716 ARYACAPM MANLIKE CHEMICAL AND PHARMACHEUTICAL B 270000 23.00
5 20/01/2017 526538 MAXIMAA BHAVIN Y MEHTA S 257885 7.93
6 20/01/2017 526538 MAXIMAA BHAVIN Y MEHTA B 257885 7.91
7 20/01/2017 532855 HARYNACAP JINDAL GLOBAL FINANCE & INVESTMENT LIMIT S 250000 21.50
7 20/01/2017 532855 HARYNACAP ODD & EVEN TRADES & FINANCE PVT LTD B 250000 21.50
7 20/01/2017 535136 KFL SHATRUNJAYA ESTATES PRIVATE LIMITED S 230800 8.71
7 20/01/2017 535136 KFL GANESH RAMESH NIBE B 225800 8.70
Security in Ban
Bulk Deal

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.
23rd Jan 2017
Kkunal Parar
Digitally signed by Kkunal Parar
DN: cn=Kkunal Parar, o=Choice Equity
Broking Pvt Ltd., ou=Research Dept.,
email=kkunal.parar@choiceindia.com, c=IN
Date: 2017.01.23 08:35:46 +05'30'