‪‎ChoiceBroking‬ ‪‎Financial‬ Tips Morning Tea ‪‎TATAPOWER‬ ‪‎BUY‬ @67-68 ‪‎TGT‬ 70 ‪‎SL‬ 66 ‪‎MCDOWELL‬-N ‪SELL‬ @ 2920-2930 TGT 2860 SL 2960

1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Tata Power Company’s subsidiary Coastal Gujarat Power has refinanced its term loan of Rs 3,864 crore. This will reduce the interest burden by Rs
77 crore a year. The refinancing scheme will help in extending the tenure of the rupee facility and assist in reducing the cost. The refinancing has
been done under the RBI circular (August 7, 2014), which has asked banks that a minimum 25 per cent of the outstanding loan should be taken
over by a new set of lenders from the existing financing banks and financial institutions. Axis Bank has joined as a new member of the rupee
lenders’ consortium of banks. Tata Power is India’s largest integrated power company with a growing international presence. The company
together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of 8,669 MW and a presence in all the
segmentsofthepowersector.
Technical Outlook : On daily chart, stock has managed to close above its 100 Day Moving Average which is placed at 67.25 level, which
shows that medium to long term trend is up now. Apart from this, volume activity was also appealing since last 3 trading days, which
indicates for gradually increasing buying activity. A momentum indicator RSI reading is at 63.65 level with positive crossover, which point
outforpositivebreathinthestock.Sofortradingperspective,onecouldBuyintherangeof67-68fortheTargetof70withtheSLof66.
TATAPOWER
MCDOWELL-N
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
31st Dec 2015
Sell in the range of 2920-2930 for the Target of 2860 with the SL of 2960
Buy in the range of 67-68 for the Target of 70 with the SL of 66
Diageo Plc owned United Spirits has sought shareholders nod to report sick to the Board of Industrial and Financial Reconstruction (BIFR). United
Spirits said its accumulated losses as on March 31, 2015, have eroded more than 50 per cent of its peak net worth during the immediately
preceding four financial years. It is required to report to the BIFR as per Section 23 of the Sick Industrial Companies (Special Provisions) Act, 1985,
thecompanysaid.ThecompanyhascalledforanextraordinarygeneralmeetingonJanuary22.
TechnicalOutlook:Ondailychart,stockhasgivennegativebreakoutofitsMultiplesupportlinewithaboveaveragevolume.Besides,stockalsohas
beentradingbelowits21DayMovingAveragewhichisplacedat3075level,which showsthatneartermtrend isdown.AmomentumindictorRSI
reading is at 35.25 level with negative crossover, which point out for negative breath in the stock. So for trading perspective, one could Sell in the
rangeof2920-2930 fortheTargetof2860 withtheSLof2960.
WallStreetdroppedonWednesdayas Brentcrudeslidtowards11-yearlowsandAppleweighedontheS&P500 index,whichclung
to ameagre gain for 2015. The S&P energy sector was the poorest performer amongthe 10 majorsectors, down1.47 percent after
forecasts of a short winter in North America and Europe piled pressure on the oversupplied commodity. Shares of Exxon lost 1.33
percent while Chevron dipped 1.27 percent. Asian shares glided higher in early trading on Wednesday, taking their cues from
overseasgains,althoughinvestorsarecautiouslywatchingtoseewhetherrenewedsellingincrudeoilfutureswilldentsentiment.
Bears took charge of Dalal Street on Wednesday as the market saw selling pressure in last couple of hours of trade today, weighed
down by technology, banking & financials and select oil stocks. The Nifty shut shop below psychological 7900-mark ahead of expiry
of December derivative contracts. The 50-share index declined 32.70 points to 7896.25 and the 30-share BSE Sensex fell 119.45
pointsto25960.03whilethebroadermarketsoutperformed.TheBSEMidcapandSmallcapindicesclosedflatwithapositivebias.

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:
Result Calendar:
31st 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 30/12/2015 533193 KECL KECL INVESTMENT TRUST S 5830590 34.80
2 30/12/2015 533506 INVENTURE NAGJI K RITA S 4000000 14.00
3 30/12/2015 533506 INVENTURE KANJI BACHUBHAI RITA B 4000000 14.00
4 30/12/2015 533193 KECL PARTH INFIN BROKERS PVT. LTD. B 1132500 35.45
5 30/12/2015 533193 KECL PARTH INFIN BROKERS PVT. LTD. S 1107500 38.10
6 30/12/2015 533193 KECL ANVIL FINTRADE PRIVATE LIMITED B 1000000 40.94
7 30/12/2015 533193 KECL BP FINTRADE PRIVATE LIMITED B 967851 34.95
8 30/12/2015 533193 KECL BP FINTRADE PRIVATE LIMITED S 962858 37.79
9 30/12/2015 533193 KECL MILLENNIUMSTOCK BROKING PVT LTD B 588404 40.78
10 30/12/2015 533193 KECL MILLENNIUMSTOCK BROKING PVT LTD S 583904 43.38
JPASSOCIATE, UNITECH & WOCKPHARMA

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
31st Dec 2015
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website