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SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Rajesh Exports has bagged an export order worth Rs1360 crore of designer range of gold and diamond studded jewellery and medallions
from U.A.E. The order is to be completed by 31st January 2016. Execution of this order will significantly add to the bottom line of the
company. This order will be executed at the Company's manufacturing facility at Bangalore, which is the world's largest jewellery
manufacturing facility spread over 12 acres of land with a built up area of 5,00,000 Sqft. The manufacturing facility has an installed
capacity to process 250 tons of jewellery per annum. REL is confident of completing this order well within the time frame, leveraging on
its expertise, skilled craftsmen & artisans and its exceptionally strong backward integration infrastructure. The demand for Indian
jewellery in the foreign markets has been growing rapidly. REL caters quality Indian Jewellery with best craftsmanship to the global
markets.
Technical Outlook : On daily chart, the stock has given breakout of its horizontal trend line at 616.50 levels with above average volume.
Moreover, prices have been trading above 60 DEMA on daily chart, which indicates medium to long term trend is up. The momentum
indicator RSI has moved above 60 levels, which point out for positive breath in the stock. So for trading perspective, one could Buy in the
range of 645-648 for the Target of 661 with the SL of 638.
Cipla's wholly owned subsidiary - Cipla (EU), has entered into a definitive agreement with Biopharma SPA for establishing a joint venture
company in Algeria. Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday
needs of all patients.
Technical Outlook: On daily chart, stock has been trading with the support of rising trend line at 634 levels. Moreover, stock has been
trading above its 200 DEMA since last many days, which indicates medium to long term trend is up. Recently, stock has taken support of
its 61.80% Fibonacci retracement levels of its previous bull run from 571.25 to 745 levels. The momentum indicator RSI has moved
above 60 level on daily chart, which point out for positive breath in the stock. So for trading perspective, one could Buy in the range of
676-680 for the Target of 700 with the SL of 669.
RAJESHEXPO
CIPLA
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
09th Oct 2015
Buy in the range of 676-680 for the Target of 700 with the SL of 669
Buy in the range of 645-648 for the Target of 661 with the SL of 638
US stocks ended higher on Thursday with the S&P 500 closing at a seven-week high as investors saw further signs of dovishness in
the Federal Reserve's September meeting minutes which shed light on its decision to keep interest rates near zero. The minutes
showed the US central bank thought the economy was close to warranting a rate hike but decided it was prudent to wait for
evidence a global economic slowdown was not knocking the United States off course. Last week's unexpectedly weak jobs report
pushed back many investors' expectations for the timing of the Fed's first rate hike since 2006. The Sept. 17 Fed decision came
during a period of heavy market volatility due to concerns about slowing global economic growth, particularly in China. The Dow
Jones industrial average rose 138.46 points, or 0.82 percent, to 17,050.75, the S&P 500 gained 17.6 points, or 0.88 percent, to
2,013.43 and the Nasdaq Composite added 19.64 points, or 0.41 percent, to 4,810.79.
Asian stocks marched higher on Friday, following a positive lead from Wall Street, fueled by dovish signals from the US Federal Reserve minutes.
TherisescameasinvestorsdigestedtheFed'sSeptembermeetingminutes.TheSeptembermeetingminutesindicatedthatpolicymakerswerestill
watchingdomesticinflationandtheimpactofslowerglobalgrowth. Chinese stockscontinue tobeinfocus,after theShanghaiComposite surged 3
percent on Thursday in a catch-up rally post a week-long holiday. The Shanghai Composite index traded at 0.27% to 3151.76, Hang Seng index
traded at 1.56 % to 22709.90, Japan's benchmark Nikkei 225 index traded at 0.77% to 18282.06, South Korea's Kospi index 0.68 % to 2019.53
levels.TheSGXNiftysuggestsagapupopeningforourmarketsasitistradingat8226,upby58points.
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:
INDUSINDBK
09th Oct 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 8/10/2015 522074 ELGIEQUIP NALANDA INDIA EQUITY FUND LIMITED B 1805588 121.50
2 8/10/2015 538295 KAUSAMBI HETA KALPESHKUMAR GOLWALA S 394972 5.44
3 8/10/2015 538295 KAUSAMBI VIRENDRAKUMAR JAYANTILAL PATEL S 237278 5.44
4 8/10/2015 538295 KAUSAMBI VIRENDRAKUMAR JAYANTILAL PATEL B 237278 5.43
5 8/10/2015 517506 TTKPRESTIG COPTHALL MAURITIUS INVESTMENT LIMITED S 233503 3680.00
6 8/10/2015 531397 POLYCON SUBHRAJ TRADERS PRIVATE LIMITED S 201000 7.30
7 8/10/2015 532347 HELIOSMATH BANK OF INDIA S 143000 16.66
8 8/10/2015 534731 BITL BRIJKISHOR VANIJYA PRIVATE LIMITED S 123647 41.61
9 8/10/2015 534731 BITL BRIJKISHOR VANIJYA PRIVATE LIMITED B 123647 41.55
10 8/10/2015 533470 RUSHIL GKN SECURITIES S 120702 219.78
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
Ritesh Patel Research Associate
Amit Pathania Research Associate
Vikas Chaudhari Research Associate
Rajnath Yadav Research Associate
Satish Kumar Research Associate
Morning Tea
09th Oct 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: 2015.10.09 08:35:34 +05'30'

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Morning Tea: ‪‎RajeshExpo‬, Cipla‬

  • 1. SEBI Certified – Research Analyst www.choiceindia.com Global View India Update Today’s Event/ Stock in News Rajesh Exports has bagged an export order worth Rs1360 crore of designer range of gold and diamond studded jewellery and medallions from U.A.E. The order is to be completed by 31st January 2016. Execution of this order will significantly add to the bottom line of the company. This order will be executed at the Company's manufacturing facility at Bangalore, which is the world's largest jewellery manufacturing facility spread over 12 acres of land with a built up area of 5,00,000 Sqft. The manufacturing facility has an installed capacity to process 250 tons of jewellery per annum. REL is confident of completing this order well within the time frame, leveraging on its expertise, skilled craftsmen & artisans and its exceptionally strong backward integration infrastructure. The demand for Indian jewellery in the foreign markets has been growing rapidly. REL caters quality Indian Jewellery with best craftsmanship to the global markets. Technical Outlook : On daily chart, the stock has given breakout of its horizontal trend line at 616.50 levels with above average volume. Moreover, prices have been trading above 60 DEMA on daily chart, which indicates medium to long term trend is up. The momentum indicator RSI has moved above 60 levels, which point out for positive breath in the stock. So for trading perspective, one could Buy in the range of 645-648 for the Target of 661 with the SL of 638. Cipla's wholly owned subsidiary - Cipla (EU), has entered into a definitive agreement with Biopharma SPA for establishing a joint venture company in Algeria. Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients. Technical Outlook: On daily chart, stock has been trading with the support of rising trend line at 634 levels. Moreover, stock has been trading above its 200 DEMA since last many days, which indicates medium to long term trend is up. Recently, stock has taken support of its 61.80% Fibonacci retracement levels of its previous bull run from 571.25 to 745 levels. The momentum indicator RSI has moved above 60 level on daily chart, which point out for positive breath in the stock. So for trading perspective, one could Buy in the range of 676-680 for the Target of 700 with the SL of 669. RAJESHEXPO CIPLA SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website Morning Tea 09th Oct 2015 Buy in the range of 676-680 for the Target of 700 with the SL of 669 Buy in the range of 645-648 for the Target of 661 with the SL of 638 US stocks ended higher on Thursday with the S&P 500 closing at a seven-week high as investors saw further signs of dovishness in the Federal Reserve's September meeting minutes which shed light on its decision to keep interest rates near zero. The minutes showed the US central bank thought the economy was close to warranting a rate hike but decided it was prudent to wait for evidence a global economic slowdown was not knocking the United States off course. Last week's unexpectedly weak jobs report pushed back many investors' expectations for the timing of the Fed's first rate hike since 2006. The Sept. 17 Fed decision came during a period of heavy market volatility due to concerns about slowing global economic growth, particularly in China. The Dow Jones industrial average rose 138.46 points, or 0.82 percent, to 17,050.75, the S&P 500 gained 17.6 points, or 0.88 percent, to 2,013.43 and the Nasdaq Composite added 19.64 points, or 0.41 percent, to 4,810.79. Asian stocks marched higher on Friday, following a positive lead from Wall Street, fueled by dovish signals from the US Federal Reserve minutes. TherisescameasinvestorsdigestedtheFed'sSeptembermeetingminutes.TheSeptembermeetingminutesindicatedthatpolicymakerswerestill watchingdomesticinflationandtheimpactofslowerglobalgrowth. Chinese stockscontinue tobeinfocus,after theShanghaiComposite surged 3 percent on Thursday in a catch-up rally post a week-long holiday. The Shanghai Composite index traded at 0.27% to 3151.76, Hang Seng index traded at 1.56 % to 22709.90, Japan's benchmark Nikkei 225 index traded at 0.77% to 18282.06, South Korea's Kospi index 0.68 % to 2019.53 levels.TheSGXNiftysuggestsagapupopeningforourmarketsasitistradingat8226,upby58points.
  • 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: INDUSINDBK 09th Oct 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 8/10/2015 522074 ELGIEQUIP NALANDA INDIA EQUITY FUND LIMITED B 1805588 121.50 2 8/10/2015 538295 KAUSAMBI HETA KALPESHKUMAR GOLWALA S 394972 5.44 3 8/10/2015 538295 KAUSAMBI VIRENDRAKUMAR JAYANTILAL PATEL S 237278 5.44 4 8/10/2015 538295 KAUSAMBI VIRENDRAKUMAR JAYANTILAL PATEL B 237278 5.43 5 8/10/2015 517506 TTKPRESTIG COPTHALL MAURITIUS INVESTMENT LIMITED S 233503 3680.00 6 8/10/2015 531397 POLYCON SUBHRAJ TRADERS PRIVATE LIMITED S 201000 7.30 7 8/10/2015 532347 HELIOSMATH BANK OF INDIA S 143000 16.66 8 8/10/2015 534731 BITL BRIJKISHOR VANIJYA PRIVATE LIMITED S 123647 41.61 9 8/10/2015 534731 BITL BRIJKISHOR VANIJYA PRIVATE LIMITED B 123647 41.55 10 8/10/2015 533470 RUSHIL GKN SECURITIES S 120702 219.78
  • 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 Ritesh Patel Research Associate Amit Pathania Research Associate Vikas Chaudhari Research Associate Rajnath Yadav Research Associate Satish Kumar Research Associate Morning Tea 09th Oct 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: 2015.10.09 08:35:34 +05'30'