Choice Morning-Tea

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Global View
India Update
Today’s Event/ Stock in News
TheCiplahasreported21.22%riseinitsnetprofitatRs407.38croreforthequarterendedSeptember30,2015ascomparedtoRs336.07crorefor
thesamequarterinthepreviousyear.Thecompany'stotalincomehasincreasedby23.50%toRs3103.43croreforthequarterunderreviewfrom
Rs 2512.87 crore for the corresponding quarter of the previous year. On the consolidated basis, the company has reported 44.38% rise in its net
profit after taxes, minority interest and share of profit/(Loss) of associates at Rs 431.24 crore for the quarter ended September 30, 2015 as
compared toRs298.68croreforthesamequarterinthepreviousyear.Totalincomeofthecompanyhasincreasedby24.64%atRs3478.33crore
forquarterunderreviewascomparedtoRs2790.59 croreforthequarterendedSeptember30,2014.
Technical Outlook : On daily chart, recently the stock has taken support of its rising trend line which is placed at 650 levels. A momentum indictor
RSIistradingneartoitssupportlevelof40marksondailychart,whichpointoutforbouncebackintheprices.Sofortradingperspective,onecould
Buyintherangeof655-659 fortheTargetof673withtheSLof648.
CIPLA
UNIONBANK
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
09th Nov 2015
Buy in the range of 161-163 for the Target of 166.50 with the SL of 159
Buy in the range of 655-659 for the Target of 673 with the SL of 648
Union Bank of India has reported results for second quarter ended September 30, 2015. The bank has reported a rise of 77.24%
in its net profit Rs 658.16 crore for the quarter ended September 30, 2015 as compared to net loss Rs 371.34 crore for the same
quarter in the previous year. Total income has increased by 3.95% at Rs 9100.90 crore for quarter under review as compared to
Rs 8754.69 crore for the quarter ended September 30, 2014. The bank's gross NPA for the July-September quarter of the current
fiscal rose to 6.12%, as compared to 4.69% in the same quarter of the previous year. Besides, bank's Net NPA stood at 3.39% in
Q2FY16.
TechnicalOutlook:Thestockhasbeentradingwithitssupportofrisingtrendlinewhichisplacedat154.50levels.Moreover,thestockhasformed
Doji candlestick near the support line, which indicating for trend reversal. A momentum indicator RSI reading is above 40 marks with positive
crossover, which point out for positive breath in the stock. So for trading perspective, one could Buy in the range of 161-163 for the Target of
166.50 withtheSLof159.
USstocksendedlittlechangedonFriday,withariseinfinancialscounteredbyaslideinutilitiesandothersectors,asWallStreettookthestrongUS
jobs reportas evidence the FederalReserve will soonraise interest rates. Since the Fed last week opened the door toa rateincrease inDecember,
investorshavebeenlookingtoeconomicreportsforcluestowhetherthecentralbankwilltakeaction.DataonFridayshowedUSnon-farmpayrolls
growthinOctoberwasthebestsinceDecember2014,whiletheunemploymentratefellto5percent,thelowestsinceApril2008.Thethreemajor
indexes postedhigher weekly performances for the sixth week ina row, after posting their best monthly results in four years in October. The Dow
Jones industrial average rose 46.9 points, or 0.26 percent, to 17,910.33, the S&P 500 lost 0.73 points, or 0.03 percent, to 2,099.2 and the Nasdaq
Compositeadded19.38points,or0.38percent,to5,147.12.
Asian stocks kicked off the new trading week mixed, mirroring the handover from Wall Street amid weakening commodity prices.
Meanwhile, below-view trade figures released at the weekend from China may keep a lid on risk appetite. October exports fell
6.9 percent from a year ago, dropping for a fourth month, while imports slipped 18.8 percent, leaving the country with a record
high trade surplus of $61.64 billion, the General Administration of Customs said on Sunday. Shanghai Composite index traded at
1.87% to 3658.61, Hang Seng index traded at 0.36 % to 22948.94, Japan's benchmark Nikkei 225 index traded at 2.10% to
19678.39, South Korea's Kospi index traded down by -0.34 % to 2034.11 levels. The SGX Nifty suggests a gap down opening for
our markets as it is trading at 7830.00, down by 146 points.

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:
Zylog Systems Limited; Annual General Meeting
Mayur Uniquoters Ltd; Interim Dividend - Re 0.80/- Per Share (Purpose Revised)
Marico Limited; Interim Dividend Rs 1.75 Per Share (Purposed Revised)
Solar Industries India Limited; Interim Dividend - Rs 9/- Per Share
Aarti Industries Limited; Interim Dividend - Rs 3/- Per Share (Purpose Revised)
Astral Poly Technik Limited; Interim Dividend - Re 0.15/- Per Share (Purpose Revised)
Granules India Limited; Interim Dividend-Re 0.15/- Per Share
Result Calendar:
A2ZINFRA, ABIRLANUVO, AHLUCONT, AIL, ALBK, BALAJITELE, BANKINDIA, BHARTISHIP, BPCL, CENTRALBK,
CMAHENDRA, COFFEEDAY, DCM, EDUCOMP, EROSMEDIA, HAVELLS, HERCULES, HINDPETRO, INDHOTEL,
JISLJALEQS, MAXWELL, MONTECARLO, MOSERBAER, NBCC, NHPC, OIL, ONELIFECAP, ORCHIDCHEM,
PAGEIND, PENIND, PFIZER, PFS, RADICO, RECLTD, ROLTA, STCINDIA, TAKE, TATAPOWER, TIMKEN,
VADILALIND, VRL, WABCOINDIA.
09th Nov 2015
Security in Ban
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Sr.No Deal Date Security Code Security Name Client Name Deal Type Quantity Price
1 6/11/2015 531508 EVEREADY AMANSA HOLDINGS PRIVATE LTD B 548000 265.00
2 6/11/2015 522209 YOGISUNG KAMLESHBHAI RAMESHBHAI LUNAGARIYA B 512690 10.04
3 6/11/2015 522209 YOGISUNG KAMLESHBHAI RAMESHBHAI LUNAGARIYA S 501811 10.10
4 6/11/2015 500256 LOKHSG SATURN TRADING PRIVATE LIMITED S 250000 6.10
5 6/11/2015 522209 YOGISUNG HINESH LAHERCHAND MODI B 180000 10.11
6 6/11/2015 522209 YOGISUNG BP FINTRADE PRIVATE LIMITED S 175044 10.11
7 6/11/2015 522209 YOGISUNG BP FINTRADE PRIVATE LIMITED B 175044 10.11
8 5/11/2015 532927 ECLERX GOLDMAN SACHS INDIA FUND LTD B 173779 1760.05
9 6/11/2015 536672 VCU SUNIL RAY B 153000 26.50
10 6/11/2015 538537 OMANSH ANKIT THAKKER S 150000 26.90
CEATLTD

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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
Rajnath Yadav Research Associate
Satish Kumar Research Associate
Morning Tea
09th Nov 2015
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Kunal Parmar
Digitally signed by Kunal Parmar
DN: cn=Kunal Parmar, o=Choice Equity
Broking Pvt Ltd., ou=Research Dept.,
email=kunal.parmar@choiceindia.com, c=IN
Date: 2015.11.09 08:26:28 +05'30'