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SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Country's coal imports fell by 15 percent to 132.3 million tonnes in the first 9 months of the current fiscal, from 155.4 MT a year ago, because of
record production by state-owned CIL , a top official said on Wednesday. In value terms, the decline was worth around Rs 18,000 crore. "Record
coal production by Coal India leads to further reduction in imports. Coal imports down by 15% during April-Dec '15 compared to 2014," Coal
Secretary Anil Swarup said in a tweet. The state-owned firm, which accounts for over 80 percent of the domestic coal production, is eying one
billiontonnesproductionby2020.
Technical Outlook : On daily chart, stock has formed Bullish Harami Candlestick with above average volume, which is a bullish reversal
indication. Moreover, stock has been trading above its 21 Day Moving Average which is placed at 320 level, which shows that near term
trend is up. A momentum indicator RSI reading is at 52.85 level with positive crossover, whichpoint out for positive breath in the stock. So
fortradingperspective,onecouldBuyintherangeof326-328fortheTargetof336withtheSLof322.
COALINDIA
VEDL
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
07th Jan 2016
Sell in the range of 88-89 for the Target of 85.35 with the SL of 90.30
Buy in the range of 326-328 for the Target of 336 with the SL of 322
Metal and mining stocks witnessed across the board decline after a monthly survey pointed to weakness in China's services sector. Latest data
showed that the Caixin China services purchasing managers' index (PMI) fell to a 17-month low of 50.2 in December 2015 from 51.2 inNovember
2015. And the fresh weaknessinglobal markets has been triggered byafresh devaluation ofyuanand amid continuing concerns overthe Chinese
slowdown. China is the world's largest consumer of steel, copper and aluminum. Due to ongoing concern over slowdown in chine, Metal is the
sectorwhichmightgetmostlyaffectedincomingdays.
Technical Outlook : On daily chart, stock has formed Bearish Engulfing candlestick with above average volume, which is a bearish reversal
indication. Moreover, stock has been facing strong resistance at level 91.55 which is a 50 Day Moving Average, which shows that near to medium
trend weak and further weakness might hit the stock in few trading session. A momentum indicator RSI reading is at 48.09 level with negative
crossover, which point out for negative breath in the stock. So for trading perspective, one could Sell in the range of 88-89 for the Target of 85.35
withtheSLof90.30.
StocksclosedattheirlowestlevelsinceearlyOctoberonWednesday,weigheddownbyfreshconcernsoverChinaandslowerglobal
growth and as energy shares tumbled with oil prices. hina's stocks were suspended from all trade on Thursday after the CSI300
tumbledmorethan7percentinearlytrade,triggeringthemarket'scircuitbreakerforasecondtimethisweek.That pressuredstock
markets across Asia, which were already wallowing after a weaker open amid concerns over China's economic slowdown and its
depreciating currency as well as falling oil prices. European stocks were lower on Wednesday, as risk sentiment weakened after
NorthKoreasaidithadconductedasuccessfulnucleartestandastensionsbetweenSaudiArabiaandIrancontinuedtomount.
Indianequitiesareexpectedtoopendeepinthered,trackingotherAsianmarkets,afteranothersell-offinChinaledtotradingbeing
haltedforthesecondtimethisweek.Atthetimeofwriting,theSGXNiftywastrading71points,or0.93percent,lowerto7,663.The
freshweakness in global markets has beentriggered by a fresh devaluationof yuan and amid continuing concerns over the Chinese
slowdown, as oil plummeted, and as a Fed official was quoted as saying the market may be optimistic on expectations over rate
hikes. Locally, a number of stocks will likely be in focus, including Tata Motors, which inked a tie-up with Petronas, as well as other
autostocks,whichmaybepressuredafterthegovernmentsaiditwouldadoptstricterBSVIstandardsin2020insteadof2021.
SEBI Certified – Research Analyst www.choiceindia.com
Bulk Deal
Corporate Action / Result Calendar
SEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
Corporate Action:
Technocraft Industries (India) Limited; Buyback Of Shares,
Raj Rayon Industries Limited; Extraordinary General Meeting.
Result Calendar:
B2BSOFT, BAJAJCORP, GMBREW & MATRUTR
07th Jan 2016
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 5/1/2016 534060 PMCFIN SAGAR PORTFOLIO SERVICES LIMITED S 11104798 0.72
2 5/1/2016 534060 PMCFIN SAGAR PORTFOLIO SERVICES LIMITED B 11104798 0.72
3 5/1/2016 534060 PMCFIN FAMOUS INVESTMENT CONSULTANTS PRIVATE S 3500000 0.72
4 5/1/2016 534060 PMCFIN ROLEX VINIMAY PRIVATE LIMITED S 3500000 0.72
5 5/1/2016 503796 DIGJAM BP FINTRADE PRIVATE LIMITED S 905134 17.20
6 5/1/2016 503796 DIGJAM BP FINTRADE PRIVATE LIMITED B 882635 17.21
7 5/1/2016 530187 ATHARVENT VAIBHAV DAMODAR KHEDEKAR S 700000 5.03
8 5/1/2016 503796 DIGJAM JMP SECURITIES PVT LTD S 535010 17.23
9 5/1/2016 503796 DIGJAM SUNIL CAPITAL B 450000 17.27
10 5/1/2016 503796 DIGJAM JMP SECURITIES PVT LTD B 400010 17.26
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
07th Jan 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website

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Choice - Morning Tea

  • 1. SEBI Certified – Research Analyst www.choiceindia.com Global View India Update Today’s Event/ Stock in News Country's coal imports fell by 15 percent to 132.3 million tonnes in the first 9 months of the current fiscal, from 155.4 MT a year ago, because of record production by state-owned CIL , a top official said on Wednesday. In value terms, the decline was worth around Rs 18,000 crore. "Record coal production by Coal India leads to further reduction in imports. Coal imports down by 15% during April-Dec '15 compared to 2014," Coal Secretary Anil Swarup said in a tweet. The state-owned firm, which accounts for over 80 percent of the domestic coal production, is eying one billiontonnesproductionby2020. Technical Outlook : On daily chart, stock has formed Bullish Harami Candlestick with above average volume, which is a bullish reversal indication. Moreover, stock has been trading above its 21 Day Moving Average which is placed at 320 level, which shows that near term trend is up. A momentum indicator RSI reading is at 52.85 level with positive crossover, whichpoint out for positive breath in the stock. So fortradingperspective,onecouldBuyintherangeof326-328fortheTargetof336withtheSLof322. COALINDIA VEDL SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website Morning Tea 07th Jan 2016 Sell in the range of 88-89 for the Target of 85.35 with the SL of 90.30 Buy in the range of 326-328 for the Target of 336 with the SL of 322 Metal and mining stocks witnessed across the board decline after a monthly survey pointed to weakness in China's services sector. Latest data showed that the Caixin China services purchasing managers' index (PMI) fell to a 17-month low of 50.2 in December 2015 from 51.2 inNovember 2015. And the fresh weaknessinglobal markets has been triggered byafresh devaluation ofyuanand amid continuing concerns overthe Chinese slowdown. China is the world's largest consumer of steel, copper and aluminum. Due to ongoing concern over slowdown in chine, Metal is the sectorwhichmightgetmostlyaffectedincomingdays. Technical Outlook : On daily chart, stock has formed Bearish Engulfing candlestick with above average volume, which is a bearish reversal indication. Moreover, stock has been facing strong resistance at level 91.55 which is a 50 Day Moving Average, which shows that near to medium trend weak and further weakness might hit the stock in few trading session. A momentum indicator RSI reading is at 48.09 level with negative crossover, which point out for negative breath in the stock. So for trading perspective, one could Sell in the range of 88-89 for the Target of 85.35 withtheSLof90.30. StocksclosedattheirlowestlevelsinceearlyOctoberonWednesday,weigheddownbyfreshconcernsoverChinaandslowerglobal growth and as energy shares tumbled with oil prices. hina's stocks were suspended from all trade on Thursday after the CSI300 tumbledmorethan7percentinearlytrade,triggeringthemarket'scircuitbreakerforasecondtimethisweek.That pressuredstock markets across Asia, which were already wallowing after a weaker open amid concerns over China's economic slowdown and its depreciating currency as well as falling oil prices. European stocks were lower on Wednesday, as risk sentiment weakened after NorthKoreasaidithadconductedasuccessfulnucleartestandastensionsbetweenSaudiArabiaandIrancontinuedtomount. Indianequitiesareexpectedtoopendeepinthered,trackingotherAsianmarkets,afteranothersell-offinChinaledtotradingbeing haltedforthesecondtimethisweek.Atthetimeofwriting,theSGXNiftywastrading71points,or0.93percent,lowerto7,663.The freshweakness in global markets has beentriggered by a fresh devaluationof yuan and amid continuing concerns over the Chinese slowdown, as oil plummeted, and as a Fed official was quoted as saying the market may be optimistic on expectations over rate hikes. Locally, a number of stocks will likely be in focus, including Tata Motors, which inked a tie-up with Petronas, as well as other autostocks,whichmaybepressuredafterthegovernmentsaiditwouldadoptstricterBSVIstandardsin2020insteadof2021.
  • 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: Technocraft Industries (India) Limited; Buyback Of Shares, Raj Rayon Industries Limited; Extraordinary General Meeting. Result Calendar: B2BSOFT, BAJAJCORP, GMBREW & MATRUTR 07th Jan 2016 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 5/1/2016 534060 PMCFIN SAGAR PORTFOLIO SERVICES LIMITED S 11104798 0.72 2 5/1/2016 534060 PMCFIN SAGAR PORTFOLIO SERVICES LIMITED B 11104798 0.72 3 5/1/2016 534060 PMCFIN FAMOUS INVESTMENT CONSULTANTS PRIVATE S 3500000 0.72 4 5/1/2016 534060 PMCFIN ROLEX VINIMAY PRIVATE LIMITED S 3500000 0.72 5 5/1/2016 503796 DIGJAM BP FINTRADE PRIVATE LIMITED S 905134 17.20 6 5/1/2016 503796 DIGJAM BP FINTRADE PRIVATE LIMITED B 882635 17.21 7 5/1/2016 530187 ATHARVENT VAIBHAV DAMODAR KHEDEKAR S 700000 5.03 8 5/1/2016 503796 DIGJAM JMP SECURITIES PVT LTD S 535010 17.23 9 5/1/2016 503796 DIGJAM SUNIL CAPITAL B 450000 17.27 10 5/1/2016 503796 DIGJAM JMP SECURITIES PVT LTD B 400010 17.26
  • 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 07th Jan 2016 SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website