#ChoiceBroking #MorningTea

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
26th Dec 2016
 US Market:
Wall Street ended the week on a positive note on Friday as investors doubled down on a rally fuelled by optimism
that President-elect Donald Trump's policies will boost economic growth. The Dow Jones Industrial Average, which
briefly came within striking distance of the historic 20,000 level earlier this week, recorded its seventh straight
weekly gain. Following a rally since the November 8 US election, the Dow is up about 14 percent for the year and
the S&P 500 is 11 percent higher on bets that the economy will benefit from Trump's plans for deregulation and
infrastructure spending. US markets are shut for the Christmas holiday on Monday. After spending much of the
day with a marginal loss, the Dow ended Friday 0.07 percent higher on the day, at 19,933.81 points. The S&P 500
gained 0.13 percent to 2,263.79. The Nasdaq Composite added 0.28 percent to 5,462.69.
 Asian Market:
The market may see volatile trading sessions ahead of Futures & Options (F&O) expiry this week. Also, there could
be thin trade volume due to holiday season week may. In Asia, markets are mixed in early trade. Meanwhile,
minutes of Bank of Japan's November 1 rate review showed that the policymakers disagreed on how much
emphasis the central bank should place on the size of its bond purchases under a new framework targeting
interest rates, highlighting the challenges of navigating the complex policy scheme. The Indian equity market is
expected to open flat to negative today tracking Asian indices. SGX Nifty is trading at 7961 Down by 35 points.
 Govt. has no plan to hike capital gains tax: FM
 ONGC to pay over $1.2 billion for GSPC stake buy
 SBI, other banks may cut lending rates in New Year
 Govt. working on new power tariff structure
 M&M to hike vehicle prices by up to Rs 26,500 from January
 MOTHERSON Sell in the range of 308.50-310 for Target of 296 with SL of 317
On a daily chart, the stock has formed bearish belt hold candlestick with above average volume indicates
accentuated selling activity during the last trading session. Moreover, the stock has given breakout of its range
bound move which shows further downside movement in the counter. A momentum indicator RSI reading is at
45.35 level with a negative crossover which points out for negative breath in the stock. So for trading perspective,
one could Sell in the range of 308.50-310 for Target of 296 with SL of 317.
 PFC Sell in the range of 119-120 for Target of 110 with SL of 124
On a daily chart, the stock has formed long bearish candlestick with above average volume indicates accentuated
selling activity during the last trading session. Moreover, the stock has given close below its 50 days moving average
which is placed at 124.98 level which shows weakness in the counter. A momentum indicator RSI reading is at 38.01
level with a negative crossover which points out for negative breath in the stock. So for trading perspective, one
could Sell in the range of 119-120 for Target of 110 with SL of 124.
Stock in News
Global Update
As per Friday’s
Morning Tea,
ALLCARGO Up by 2.87%

2. Celestial Biolabs Limited; Annual General Meeting
Balmer Lawrie & Company Limited; Bonus 3:1
Result Calendar:
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
26th Dec 2016
Corporate Action / Result Calendar
BHARATFIN, CEATLTD, IBREALEST, JINDALSTEL & WOCKPHARMA
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 23/12/2016 533107 RDEL MORGAN STANLEY MAURITIUS COMPANY LIMI B 12322863 53.25
2 23/12/2016 532919 ACIASIA ANUMITA INFRASTRUCTURE PRIVATE LIMITED B 10000000 0.13
3 23/12/2016 533107 RDEL VALIANT MAURITIUS PARTNERS OFFSHORE LIM S 6882172 53.25
4 23/12/2016 533107 RDEL VALIANT MAURITIUS PARTNERS LIMITED S 5440691 53.25
5 23/12/2016 526622 MFLINDIA SGM WEBTECH PRIVATE LIMITED S 3881524 0.21
6 23/12/2016 533144 COX&KINGS NEW HORIZON OPPORTUNITIES MASTER FUND B 3164000 172.18
7 23/12/2016 533144 COX&KINGS COPTHALL MAURITIUS INVESTMENT LIMITED S 3164000 172.18
7 23/12/2016 533605 PRAKASHCON ARUNA PRAKASH LADDHA S 1247531 4.34
7 23/12/2016 531502 ESARIND ABDUL HASEEB B 1037137 0.82
7 23/12/2016 534742 ZUARI COLTRANE CORPORATION LIMITED S 479750 226.50
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,
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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.
26th Dec 2016
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: 2016.12.26 08:37:19 +05'30'