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SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
BhartiAirtelhasacquired the remainingbalancepaidup sharecapitali.e. 26 percentofAugere andwiththe said acquisition,Augere has become a
whollyownedsubsidiaryofthecompany.Earlier,thecompanyhadacquired74%capitalofAugereWirelessBroadbandIndia.Thisisinlinewiththe
country’slargesttelecomprovider’searlierannouncementtoacquireAugerethatwillallowAirteltakeits4Goperationstoninecircles.BhartiAirtel
isaleadingintegratedtelecommunicationscompanywithoperationsin20 countriesacrossAsiaandAfrica. The companyranksamongst the top5
mobileserviceprovidersgloballyintermsofsubscribers.
Technical Outlook : On daily chart, stock has given positive breakout of its trading range in which it had been trading for three days,
moreovervolumeactivitywasalsoappealingduringthisbreakout,whichshowsthatupsidemovementcanbeseenfromthepresentlevel.
Apartfromthis,stockhasbeentradingaboveits50 DayMovingAveragewhichisplacedat334 level,whichindicatesthatnear tomedium
term trend is up. A momentum indicator RSI reading is at 60.45 level with positive crossover, which point out for positive breath in the
stock.Sofortradingperspective,onecouldBuyintherangeof339-341fortheTargetof348withtheSLof335.
BHARTIARTL
PETRONET
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
01st Jan 2016
Buy in the range of 254-256 for the Target of 262 with the SL of 251
Buy in the range of 339-341 for the Target of 348 with the SL of 335
PetronetLNGhasenteredintoabindingsaleandpurchaseagreement(SPA)withRasGasofQatarforsupplyofanadditional1MTAofLNGtoIndia
starting in 2016 for onward sale to four Indian entities i.e. Indian Oil Corporation, Bharat Petroleum Corporation, GAIL (India) and Gujarat State
Petroleum Corporation. Further, RasGas and Petronet ING have entered into a binding agreement to adjust some aspects of their existing long
termLNG SPAof7.5MTA,signedbythepartiesin1999,whichlaidthefoundationfortheLNGbusinessinIndia.Suchadjustmentswillprotectand
preserve the overall value of the contract. Asper such agreement, LNG volumesnottaken byPetronet from RasGas during 2015 will be takenand
paid for by Petronet during the remaining term of the SPA and will maintain its current level of oil indexation with the oil index more closely
reflecting the prevailing oil prices. Consequently, Petronet has made similar adjustments to its existing Gas Sales & Purchase Agreement with its
intermediate-offtakers,GAIL(India),IndianOilCorporationandBharatPetroleumCorporation.
TechnicalOutlook:Ondailychart,stockhasgivenpositivebreakoutofitsFlagpatternwithaboveaveragevolume,which isacontinuationpattern
and indicating for further upside movement. Moreover, stock has been continuously trading above its 21 Day Moving Average which shows that
near term trend is up. a momentum indicator RSI reading is at 77.35 level with positive crossover, which point out for positive breath in the stock.
Sofortradingperspective,onecouldBuyintherangeof254-256 fortheTargetof262withtheSLof251.
Wall Street droppedonThursday, leavingthe S&P 500 marginally lower for a yearmarkedby recordhighs as well as amajor selloff.
In a reversal of one of 2015's major trends, oil shares moved higher, with the S&P energy sector up 0.34 percent and alone among
gainers. Much of the blame for this year's underwhelming stock market performance can be laid at the feet of crude oil prices,
which lost a third of their value during an unprecedented global glut. The energy sector fell 24 percent, its worst annual
performancesincetheglobalrecession.
Benchmark indices may open on a sluggish note with trading volumes likely be to thin because of the holiday mood. Asian markets
are closed for the New Year, and US and key European markets ended on a bearish note Thursday. This could weigh on sentiment
back home despite the strong closing yesterday. In addition, the SGX Nifty is down 28 points at 7920 this morning, indicating
reluctance of buyers to chase prices.Traders say the focus will be on technical levels in the near term as there are no big
fundamentaltriggerstolookoutfor.
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:
01st 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 31/12/2015 534060 PMCFIN VIBRANT SECURITIES PRIVATE LIMITED S 4708915 0.50
2 31/12/2015 534060 PMCFIN VIBRANT SECURITIES PRIVATE LIMITED B 4685087 0.51
3 31/12/2015 502465 SPECIAPP SHRIRAMCREDIT COMPANY LIMITED S 4040399 0.96
4 31/12/2015 502465 SPECIAPP NIRVANA MALL MANAGEMENT CO PVT LTD B 2770000 0.95
5 31/12/2015 500460 MUKANDLTD JADAVDEVI SUKETU TRUST B 2671636 47.00
6 31/12/2015 500460 MUKANDLTD SUKETU VIREN SHAH S 2671636 47.00
7 31/12/2015 502465 SPECIAPP ABJAYONI TRADING PRIVATE LIMITED S 837623 0.97
8 31/12/2015 502465 SPECIAPP ABJAYONI TRADING PRIVATE LIMITED B 750713 0.98
9 31/12/2015 524540 SECHE PARKWAY PROPERTIES PRIVATE LIMITED S 434200 2.19
10 31/12/2015 524540 SECHE ANVITA REAL ESTATE PRIVATE LIMITED B 434200 2.19
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
01st 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 BhartiAirtelhasacquired the remainingbalancepaidup sharecapitali.e. 26 percentofAugere andwiththe said acquisition,Augere has become a whollyownedsubsidiaryofthecompany.Earlier,thecompanyhadacquired74%capitalofAugereWirelessBroadbandIndia.Thisisinlinewiththe country’slargesttelecomprovider’searlierannouncementtoacquireAugerethatwillallowAirteltakeits4Goperationstoninecircles.BhartiAirtel isaleadingintegratedtelecommunicationscompanywithoperationsin20 countriesacrossAsiaandAfrica. The companyranksamongst the top5 mobileserviceprovidersgloballyintermsofsubscribers. Technical Outlook : On daily chart, stock has given positive breakout of its trading range in which it had been trading for three days, moreovervolumeactivitywasalsoappealingduringthisbreakout,whichshowsthatupsidemovementcanbeseenfromthepresentlevel. Apartfromthis,stockhasbeentradingaboveits50 DayMovingAveragewhichisplacedat334 level,whichindicatesthatnear tomedium term trend is up. A momentum indicator RSI reading is at 60.45 level with positive crossover, which point out for positive breath in the stock.Sofortradingperspective,onecouldBuyintherangeof339-341fortheTargetof348withtheSLof335. BHARTIARTL PETRONET SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website Morning Tea 01st Jan 2016 Buy in the range of 254-256 for the Target of 262 with the SL of 251 Buy in the range of 339-341 for the Target of 348 with the SL of 335 PetronetLNGhasenteredintoabindingsaleandpurchaseagreement(SPA)withRasGasofQatarforsupplyofanadditional1MTAofLNGtoIndia starting in 2016 for onward sale to four Indian entities i.e. Indian Oil Corporation, Bharat Petroleum Corporation, GAIL (India) and Gujarat State Petroleum Corporation. Further, RasGas and Petronet ING have entered into a binding agreement to adjust some aspects of their existing long termLNG SPAof7.5MTA,signedbythepartiesin1999,whichlaidthefoundationfortheLNGbusinessinIndia.Suchadjustmentswillprotectand preserve the overall value of the contract. Asper such agreement, LNG volumesnottaken byPetronet from RasGas during 2015 will be takenand paid for by Petronet during the remaining term of the SPA and will maintain its current level of oil indexation with the oil index more closely reflecting the prevailing oil prices. Consequently, Petronet has made similar adjustments to its existing Gas Sales & Purchase Agreement with its intermediate-offtakers,GAIL(India),IndianOilCorporationandBharatPetroleumCorporation. TechnicalOutlook:Ondailychart,stockhasgivenpositivebreakoutofitsFlagpatternwithaboveaveragevolume,which isacontinuationpattern and indicating for further upside movement. Moreover, stock has been continuously trading above its 21 Day Moving Average which shows that near term trend is up. a momentum indicator RSI reading is at 77.35 level with positive crossover, which point out for positive breath in the stock. Sofortradingperspective,onecouldBuyintherangeof254-256 fortheTargetof262withtheSLof251. Wall Street droppedonThursday, leavingthe S&P 500 marginally lower for a yearmarkedby recordhighs as well as amajor selloff. In a reversal of one of 2015's major trends, oil shares moved higher, with the S&P energy sector up 0.34 percent and alone among gainers. Much of the blame for this year's underwhelming stock market performance can be laid at the feet of crude oil prices, which lost a third of their value during an unprecedented global glut. The energy sector fell 24 percent, its worst annual performancesincetheglobalrecession. Benchmark indices may open on a sluggish note with trading volumes likely be to thin because of the holiday mood. Asian markets are closed for the New Year, and US and key European markets ended on a bearish note Thursday. This could weigh on sentiment back home despite the strong closing yesterday. In addition, the SGX Nifty is down 28 points at 7920 this morning, indicating reluctance of buyers to chase prices.Traders say the focus will be on technical levels in the near term as there are no big fundamentaltriggerstolookoutfor.
  • 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: 01st 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 31/12/2015 534060 PMCFIN VIBRANT SECURITIES PRIVATE LIMITED S 4708915 0.50 2 31/12/2015 534060 PMCFIN VIBRANT SECURITIES PRIVATE LIMITED B 4685087 0.51 3 31/12/2015 502465 SPECIAPP SHRIRAMCREDIT COMPANY LIMITED S 4040399 0.96 4 31/12/2015 502465 SPECIAPP NIRVANA MALL MANAGEMENT CO PVT LTD B 2770000 0.95 5 31/12/2015 500460 MUKANDLTD JADAVDEVI SUKETU TRUST B 2671636 47.00 6 31/12/2015 500460 MUKANDLTD SUKETU VIREN SHAH S 2671636 47.00 7 31/12/2015 502465 SPECIAPP ABJAYONI TRADING PRIVATE LIMITED S 837623 0.97 8 31/12/2015 502465 SPECIAPP ABJAYONI TRADING PRIVATE LIMITED B 750713 0.98 9 31/12/2015 524540 SECHE PARKWAY PROPERTIES PRIVATE LIMITED S 434200 2.19 10 31/12/2015 524540 SECHE ANVITA REAL ESTATE PRIVATE LIMITED B 434200 2.19
  • 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 01st Jan 2016 SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website