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1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
15th Dec 2016
 US Market:
US stocks fell the most in two months on Wednesday after the Federal Reserve raised interest rates by a quarter point
and signaled hikes could come next year at a faster pace than some expected. Energy stocks weighed the most on the
S&P 500 after a sharp drop in U.S. crude oil prices. The Fed's decision to raise rates comes as President-elect Donald
Trump, who will be sworn in next month, is seen cutting taxes and increasing spending on infrastructure. Fed Chair
Janet Yellen indicated the central bank was, at the margins, adapting to Trump, as some committee members began
shifting fiscal policy assumptions to slightly faster growth and lower unemployment. Markets had all but priced in a rate
increase by the Fed, but the faster pace of increases seen next year may give traders an excuse to cash-in the recent
gains. The Dow Jones industrial average fell 118.68 points, or 0.6 percent, to 19,792.53, the S&P 500 lost 18.44 points,
or 0.81 percent, to 2,253.28 and the Nasdaq Composite dropped 27.16 points, or 0.5 percent, to 5,436.67.
 Asian Market:
Asian shares and currencies struggled on Thursday after the Federal Reserve raised rates for the first time in a year and
hinted at the risk of a faster pace of tightening than investors were positioned for. Yields on short-term US debt surged
to the highest since 2009, sending the dollar to peaks not seen in almost 14 years. Wall Street suffered its biggest
percentage decline since before the November 8 US presidential election, though the loss was slight compared with
gains of the last month or so. The drop in the yen could cushion Japanese stocks, lifting Japan's Nikkei 0.9 percent. Other
Asian markets had less luck, with MSCI's broadest index of Asia-Pacific shares outside Japan dropping 0.7 percent. The
Indian equity market is expected to open gap down today tracking Asian indices. SGX Nifty is trading at 8119 Down by
65.50 points.
 Fed raises rates for 2nd time since Great Recession
 NTPC to replace 25 year old power plants in 5 years
 Trump appoints PepsiCo CEO Indra Nooyi to strategic, policy forum
 Govt trying to implement GST from April 1: Rajnath
 Wipro splits its India-Middle East business in two
 UPL Sell in range of 648-652 for Target of 630 with SL of 665
On daily chart, stock has formed bearish belt hold candlestick pattern with above average which shows accentuated
selling pressure during last trading session. Moreover, stock has given close below its 50 day moving average which
is placed at 667.80 level which indicates that trend has changed to down. A momentum indicator RSI reading is at
46.96 level with negative crossover which point out for negative breath in the stock. So for trading perspective, one
could Sell in range of 648-652 for Target of 630 with SL of 665.
 GMDC Sell in range of 95.50-97 for Target of 91.70 with SL of 99.50
On daily chart, stock formed spinning top candlestick on upper level which is a bearish reversal candlestick and
indicates for downside movement. Moreover, stock has been trading with negative crossover of 21*50 day moving
average crossover which shows negative momentum in the counter. A momentum indicator RSI reading is at 43.03
level with negative crossover, Besides RSI reading is with lower top formation which point out for negative breath in
the counter. So for trading perspective, one could Sell in range of 95.50-97 for Target of 91.70 with SL of 99.50.
Stock in News
Global Update

2. Alankit Limited; Fv Splt Frm Rs 2 To Re 1
W S Industries (I) Limited; Annual General Meeting
Jindal Stainless Limited; Annual General Meeting
Oil & Natural Gas Corporation Limited; Bonus 1: 2
Colgate Palmolive (India) Limited; Interim Dividend Rs 3/- Per Share (Purpose Revised)
BPL Limited; Annual General Meeting
Result Calendar:
J&KBANK
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
15th Dec 2016
Corporate Action / Result Calendar
IBREALEST & JINDALSTEL
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 14/12/2016 534731 BITL BAKUL KALABHAI KABIRA B 900191 1.65
2 14/12/2016 534731 BITL competent textiles pvt ltd S 900000 1.65
3 14/12/2016 507892 WINSOMEDJ PRIME INDIA INVESTMENT FUND LIMITED S 764173 0.34
4 14/12/2016 513097 SHBCLQ O D FINANCE & INVESTMENT PVT LTD B 502000 43.25
5 14/12/2016 513097 SHBCLQ MANJIT KAUR S 502000 43.25
6 14/12/2016 540205 AVL VRB CAPITAL SERVICES INDIA PVT LTD B 384000 15.33
7 14/12/2016 524622 ISTRNETWK MANGAL KESHAV CAPITAL LTD S 305000 18.73
7 14/12/2016 512175 VAMA NITIN SIDDAMSETTY S 301000 21.36
7 14/12/2016 512175 VAMA G K PROPERTIES PRIVATE LIMITED B 300000 21.37
7 14/12/2016 501848 GLOBOFFS INDIASTAR (MAURITIUS) LIMITED S 193295 79.73
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
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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.
15th 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: 2016.12.15 08:42:10 +05'30'