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SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
GAIL gas producers mull closure of coal-based power plants near metros. The company is believed to be focusing on cleaner gas as a source of
electricity generation. GAIL Chairman and Managing Director, B C Tripathi, said, "Besides Badarpur power plant in Delhi, the nearby Dadri station
tooneedstobeshut.Allthermal(coal)-basedplantsinbigcitiesandmetroshavetobelookedinto(forclosure).“
Technical Outlook : On daily chart, stock has given neckline breakout of small rounding top pattern at 350 level. Moreover, stock has formed Big
bearish candlestick with above average volume, which shows about accentuated selling pressure. A momentum indicator RSI reading is 52 levels
with negative crossover, which point out for negative breath in the stock. So for trading perspective, one could Sell in the range of 339-341 for the
Targetof331 withtheSLof345.
GAIL
GLENMARK
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
09th Dec 2015
Sell in the range of 928-933 for the Target of 908 with the SL of 943
Sell in the range of 339-341 for the Target of 331 with the SL of 345
SymedLabsLtdandHeteroUSAInchavesuedintheUSdistrictcourtofNewJerseyforinfringingtheirpatentsonlinezoliddrugcrystals,on
GlenmarkPharmaceuticals,aspermediareports.ThecompaniesallegethatGlenmarkispreparingtosellthecrystallineform,orform-III,of
linezolidandcarryoutprocessestomanufacturetheproductbeforethepatentsonitexpire,reportadded.
Technical Outlook : On daily chart, stock has given breakout of its lower band of Pennant pattern with above average volume, which
indicating for downside movement. Moreover, stock has been trading below its 21 DMA which is placed at 962 level, which shows short
term trend is down. A momentum indicator RSI has given n regative breakout of its upward rising trend line, and reading with negative
crossover,whichpointoutfor negativebreathinthe stock. Sofor tradingperspective,one could Sellintherange of928-933 for theTarget
of908withtheSLof943.
Indian indices are expected to start with a negative bias, following weakness in overnight US and Asian markets
this morning, as the after-effects of oil's Monday sell-off continued to linger and traders stayed cautious ahead of
Federal Reserve's crucial rate-setting meeting next week. Overnight, US stocks closed mostly lower but off session
lows while key Asian markets were in the red despite better-than-expected machinery orders data in Japan.
Markets are also awaiting the release of CPI data in China.
US stocks fell in a choppy session on Tuesday as lower oil prices pressured energy stocks for a fifth day and weak
Chinese trade data reignited fears of a global slowdown. Crude prices hovered near 7-year lows after U.S. crude
dipped below USD 37 per barrel and Brent fell below USD 40 for the first time since early 2009 on fears that global
oil producers will pump even more crude in a saturated market. Data released overnight showed China's imports fell
for the 13th consecutive month, with an 8.7 percent decline in November compared with a year earlier.
SEBI Certified – Research Analyst www.choiceindia.com
Bulk Deal
Corporate Action / Result Calendar
SEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
Corporate Action:
Jubilant Industries Limited; Annual General Meeting.
Binani Industries Limited; Annual General Meeting/ Dividend - Rs 3/- Per Share
Result Calendar:
09th Dec 2015
Security in Ban
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 8/12/2015 500355 RALLIS AMANSA HOLDINGS PRIVATE LTD S 4292850 170.04
2 8/12/2015 500355 RALLIS ICICI PRUDENTIAL MUTUAL FUND- DYNAMIC PLAN B 2549795 170.00
3 8/12/2015 500355 RALLIS AMANSA HOLDING PRIVATE LIMITED S 1797020 171.79
4 8/12/2015 533896 FERVENTSYN KIRAN CHAMPAK SHAH . B 675000 24.94
5 8/12/2015 531499 SYBLY VICHITRA TRAVELS PVT. LTD. S 500000 4.00
6 8/12/2015 530187 ATHARVENT VAIBHAV DAMODAR KHEDEKAR B 435139 3.87
7 8/12/2015 533896 FERVENTSYN DINESH CHHAGANLAL THAKKAR S 400000 24.90
8 8/12/2015 538295 KAUSAMBI BHAVNABEN VIRENDRAKUMAR PATEL B 330063 3.50
9 8/12/2015 538295 KAUSAMBI BHAVNABEN VIRENDRAKUMAR PATEL S 328872 3.53
10 8/12/2015 533896 FERVENTSYN DINESHBHAI CHHAGANLAL THAKKAR HUF S 200000 24.90
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
Kunal Parmar Research Associate
Amit Pathania Research Associate
Vikas Chaudhari Research Associate
Kapil Shah Research Associate
Rajnath Yadav Research Associate
Satish Kumar Research Associate
Morning Tea
09th Dec 2015
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website

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GAIL gas producers mull closure of coal plants

  • 1. SEBI Certified – Research Analyst www.choiceindia.com Global View India Update Today’s Event/ Stock in News GAIL gas producers mull closure of coal-based power plants near metros. The company is believed to be focusing on cleaner gas as a source of electricity generation. GAIL Chairman and Managing Director, B C Tripathi, said, "Besides Badarpur power plant in Delhi, the nearby Dadri station tooneedstobeshut.Allthermal(coal)-basedplantsinbigcitiesandmetroshavetobelookedinto(forclosure).“ Technical Outlook : On daily chart, stock has given neckline breakout of small rounding top pattern at 350 level. Moreover, stock has formed Big bearish candlestick with above average volume, which shows about accentuated selling pressure. A momentum indicator RSI reading is 52 levels with negative crossover, which point out for negative breath in the stock. So for trading perspective, one could Sell in the range of 339-341 for the Targetof331 withtheSLof345. GAIL GLENMARK SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website Morning Tea 09th Dec 2015 Sell in the range of 928-933 for the Target of 908 with the SL of 943 Sell in the range of 339-341 for the Target of 331 with the SL of 345 SymedLabsLtdandHeteroUSAInchavesuedintheUSdistrictcourtofNewJerseyforinfringingtheirpatentsonlinezoliddrugcrystals,on GlenmarkPharmaceuticals,aspermediareports.ThecompaniesallegethatGlenmarkispreparingtosellthecrystallineform,orform-III,of linezolidandcarryoutprocessestomanufacturetheproductbeforethepatentsonitexpire,reportadded. Technical Outlook : On daily chart, stock has given breakout of its lower band of Pennant pattern with above average volume, which indicating for downside movement. Moreover, stock has been trading below its 21 DMA which is placed at 962 level, which shows short term trend is down. A momentum indicator RSI has given n regative breakout of its upward rising trend line, and reading with negative crossover,whichpointoutfor negativebreathinthe stock. Sofor tradingperspective,one could Sellintherange of928-933 for theTarget of908withtheSLof943. Indian indices are expected to start with a negative bias, following weakness in overnight US and Asian markets this morning, as the after-effects of oil's Monday sell-off continued to linger and traders stayed cautious ahead of Federal Reserve's crucial rate-setting meeting next week. Overnight, US stocks closed mostly lower but off session lows while key Asian markets were in the red despite better-than-expected machinery orders data in Japan. Markets are also awaiting the release of CPI data in China. US stocks fell in a choppy session on Tuesday as lower oil prices pressured energy stocks for a fifth day and weak Chinese trade data reignited fears of a global slowdown. Crude prices hovered near 7-year lows after U.S. crude dipped below USD 37 per barrel and Brent fell below USD 40 for the first time since early 2009 on fears that global oil producers will pump even more crude in a saturated market. Data released overnight showed China's imports fell for the 13th consecutive month, with an 8.7 percent decline in November compared with a year earlier.
  • 2. SEBI Certified – Research Analyst www.choiceindia.com Bulk Deal Corporate Action / Result Calendar SEBI Certified – Research Analyst www.choiceindia.com Morning Tea Corporate Action: Jubilant Industries Limited; Annual General Meeting. Binani Industries Limited; Annual General Meeting/ Dividend - Rs 3/- Per Share Result Calendar: 09th Dec 2015 Security in Ban SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price 1 8/12/2015 500355 RALLIS AMANSA HOLDINGS PRIVATE LTD S 4292850 170.04 2 8/12/2015 500355 RALLIS ICICI PRUDENTIAL MUTUAL FUND- DYNAMIC PLAN B 2549795 170.00 3 8/12/2015 500355 RALLIS AMANSA HOLDING PRIVATE LIMITED S 1797020 171.79 4 8/12/2015 533896 FERVENTSYN KIRAN CHAMPAK SHAH . B 675000 24.94 5 8/12/2015 531499 SYBLY VICHITRA TRAVELS PVT. LTD. S 500000 4.00 6 8/12/2015 530187 ATHARVENT VAIBHAV DAMODAR KHEDEKAR B 435139 3.87 7 8/12/2015 533896 FERVENTSYN DINESH CHHAGANLAL THAKKAR S 400000 24.90 8 8/12/2015 538295 KAUSAMBI BHAVNABEN VIRENDRAKUMAR PATEL B 330063 3.50 9 8/12/2015 538295 KAUSAMBI BHAVNABEN VIRENDRAKUMAR PATEL S 328872 3.53 10 8/12/2015 533896 FERVENTSYN DINESHBHAI CHHAGANLAL THAKKAR HUF S 200000 24.90
  • 3. 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 Kunal Parmar Research Associate Amit Pathania Research Associate Vikas Chaudhari Research Associate Kapil Shah Research Associate Rajnath Yadav Research Associate Satish Kumar Research Associate Morning Tea 09th Dec 2015 SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website