#ChoiceBroking #MorningTea

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
22nd Feb 2017
 World Market:
 US stocks rose to fresh record highs on Tuesday, boosted by strong earnings reports from Wal-Mart and
Home Depot and continued optimism about the economic agenda of President Donald Trump.
 The S&P has climbed 10.6 percent since Trump's Nov. 8 election, sparked by the promise of tax reforms,
reduced regulations and increased infrastructure spending.
 The Dow Jones Industrial Average rose 118.95 points, or 0.58 percent, to 20,743, the S&P 500 gained
14.22 points, or 0.60 percent, to 2,365.38 and the Nasdaq Composite added 27.37 points, or 0.47 percent,
to 5,865.95.
 Asian Market:
 Asian stocks edged up on Wednesday, joining a record-setting night for world markets as investors cheered
upbeat factory activity in Europe and solid earnings on Wall Street.
 MSCI's broadest index of Asia-Pacific shares outside Japan nudged up 0.1 percent, taking its cues from the
world stock index rising to an all-time peak of 446.21 overnight. Japan's Nikkei and South Korea's Kospi each
added 0.15 percent.
 The Indian equity market is expected to open flat today tracking Asian indices. SGX Nifty is trading at 8920.50,
Up by 10 points.
 ONGC likely to pick up govt’s stake in HPCL or BPCL
 Jio to go pay from April 1, but keeps goodies rolling
 IDBI Bank to sell stake in non-core businesses
 Dr Reddy's unit fails to clear US FDA audit
 BEL’s 5% offer-for-sale issue opens today
 MARICO Buy in the range of 273-275 for Target of 284 with SL of 268
On a daily chart, the stock has given a breakout of its range bound move with above average volume which
indicates robust upside movement in the counter. Besides, the stock has been trading with the positive crossover of
21*50 days moving averages which show that near to medium-term trend is up. A momentum indicator RSI reading
is at 65.15 level with a positive crossover which points out for positive breath in the stock. So for trading
perspective, one could Buy in the range of 273-275 for Target of 284 with SL of 268.
 SINTEX Buy in the range of 94.50-96 for Target of 99 with SL of 93
On a daily chart, the stock has been trading in a higher top higher bottom formation since last many days.
Furthermore, the stock has been continuously trading with its strong support of 21 days moving average which is
placed at 91.05 level which shows that near to medium-term trend is up. A momentum indicator RSI reading is at
62.10 level with a positive crossover which points out for positive breath in the stock. So for trading perspective,
one could Buy in the range of 94.50-96 for Target of 99 with SL of 93.
Stock/Sector - News
Global Update

2. BSE Limited; Interim Dividend Rs 5/- Per Share
Veto Switchgears And Cables Limited; Interim Dividend Re 1/- Per Share
VIP Industries Limited; Interim Dividend Re 0.80 Per Share
SJVN Limited; Interim Dividend Rs 2.25 Per Share
Suprajit Engineering Limited; Interim Dividend Re 0.50 Per Share
Sudarshan Chemical Industries Limited; Interim Dividend Rs 2.50 Per Share
Poddar Pigments Limited; Interim Dividend Rs 2.50 Per Share
MOIL Limited; Interim Dividend Rs 5/- Per Share
MEP Infrastructure Developers Limited; Interim Dividend Re 0.10 Per Share
Jagran Prakashan Limited; Buy Back
NRB Bearing Limited; Interim Dividend Rs 1.40 Per Share
NCL Industries Limited; Interim Dividend Re 1/- Per Share
Hinduja Global Solutions Limited; Interim Dividend Rs 2.50 Per Share
Indo Count Industries Limited; Interim Dividend Re 0.40 Per Share
The Hi-Tech Gears Limited; Interim Dividend Rs 1.25 Per Share
Greaves Cotton Limited; Interim Dividend Rs 4/- Per Share (Purpose Revised)
DCM Shriram Limited; Interim Dividend Rs 2.80 Per Share
Control Print Limited; Interim Dividend Rs 2.50 Per Share (Purpose Revised)
Container Corporation of India Limited; Interim Dividend Rs 9.60 Per Share
Centum Electronics Limited; Interim Dividend Rs 2/- Per Share (Purpose And Record Date
Revised)
Vidhi Dyestuffs Manufacturing Limited; Interim Dividend Re 0.20 Per Share
Result Calendar:
LORDSCHLO, NIVINFRA & SGARRES
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
22nd Feb 2017
Corporate Action / Result Calendar
CEATLTD, HDIL, IBREALEST, IFCI, JINDASTEL, JPASSOCIAT, TV18BRDCST & WOCKPHARMA
Security in Ban
Bulk Deal
Deal Date Security Code Security Name Client Name Deal Type Quantity Price
21/02/2017 534741 VIRTUALG SHREE BHUVANAKARAM TRADINVEST PVT LTD B 2,161,127 4.74
21/02/2017 534741 VIRTUALG SHREE BHUVANAKARAM TRADINVEST PVT LTD S 2,009,573 4.7
21/02/2017 530187 ATHARVENT BHANWAR LAL DARGAR HUF B 1,450,000 1.87
21/02/2017 530187 ATHARVENT VINOD KUAMR DALAL S 1,450,000 1.87
21/02/2017 534920 COVIDH NISHA YADAV S 200,000 3.68
21/02/2017 534920 COVIDH SUNIL KUMAR CHOUDHARY B 150,000 3.7
21/02/2017 540198 OSIAJEE RASHEL AGROTECH LIMITED B 103,535 15.5
21/02/2017 538647 PURSHOTTAM EIRENE BUSINESS SOLUTION PRIVATE LIMITED . S 100,000 13.1
21/02/2017 538647 PURSHOTTAM REALSTEP AGENCIES PVT LTD B 100,000 13.1
21/02/2017 511706 ACTIONFI EKAPARNIK VINTRADE PRIVATE LIMITED S 65,001 6.45

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
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.
22nd Feb 2017
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: 2017.02.22 08:38:09 +05'30'