20240429 Calibre April 2024 Investor Presentation.pdf
Choice - Morning Tea
1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Oil fell for a fifth straight day on Friday, losing 10 percent on the week, and Goldman Sachs said more losses were needed to force
producerstocutsuppliesadequatelytobalancetheglutandbleakdemandoutlookinthemarket.ThetwobenchmarksBrentandUSWest
Texas Intermediate hit 12-year lows earlier in the week after China's stock market crash roiled global markets. Since the selloff in oil began
18 months ago, traders and investors have wondered how long and deep the slide would go as prices fell from above USD 100 a barrel to
belowUSD40,andlookedpoisedtobreakbelowUSD30next.
Technical Outlook: On daily chart, stock has continuously been trading below its 21 Day Moving Average, which shows that near term
trendis down. Moreover,stockhas givennegative breakoutof its range bound move withabove average volume.A momentum indicator
RSI reading is at 39.12 level with negative crossover, which point out for negative breath in the stock. so for trading perspective, one could
Sellintherangeof128.50-130fortheTargetof125withtheSLof131.50
CAIRN
LT
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
11th Jan 2016
Sell in the range of 1178-1183 for the Target of 1154 with the SL of 1195
Sell in the range of 128.5-130 for the Target of 125 with the SL of 131.50
AccordingtoaCNBCTV18report,securitieshouseCLSAhasremovedtheLTfromitsAsiaex-Japanlongonlyportfolio.SharesofLarsenand
ToubroLtdonFridayhita22-monthlowonthebackofhighervolumes.Thestockhastradedlowerforeightouttentradingsessions.
Technical Outlook : On daily chart, stock has given downside breakout of all its major support line with above average volume, which
shows that further weakness might be witnessed in next trading session. Moreover, volume activity is also increasing along with fall in
prices, which indicates for further plunge in prices. A momentum indicator RSI reading is 20.80 level with negative crossover, which point
out for negative breath in the stock. so for trading perspective,one could Sell in the range of 1178-1183 for the Target of 1154 with the SL
of1195.
US stocks closed lower on Friday, ending a volatile week with their worst five-day start to a year ever, as sliding oil prices and
lingering worries about the global economy offset upbeat US job growth. Both the Dow and S&P 500 hadtheir worst five-day starts
inhistory,withtheDowfalling6.2percentfortheweekandS&P500sliding6percent.TheNasdaqwasdown7.3percentthisweek.
All three indexes saw losses accelerating into the close. The market had opened higher after data showing US nonfarm payrolls
surgedinDecemberandtheunemploymentrateheldsteady.Butthatwasnotenoughtokeepstocksinpositiveterritory.
SGX Niftyindicatesaweakopeningforthemarket.Keyindicesfellaboutfivepercentlastweek.SGXNiftywastradingat7560level,
down 44 points. Key event to watch out for on Monday is the expected verdict on ‘odd-even’ scheme in the capital. State
government has indicateda drop inpollution level andmight ask for anextension for the scheme.Despite a slight upliftment inthe
Chinese market, Asian markets remained cautious and US market closed about a percent lower. In Asia, China's consumer price
index rose 1.6 percent in December from a year earlier, which followed a gain of 1.5 percent in November. The producer price
index fell 5.9 percent for a fifthstraightmonth,comparedwitheconomists'estimate for a5.8 percent. Julia Wang, Chinaeconomist
atHSBCexpectsa50basispoints(bps)policyratecutand400bpsreserveratiocutsthisyearfromChina.
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:
JMC Projects (India) Limited; Rights 2:7
Result Calendar:
ALANKIT, EXCAST, GVBL, JASCH, MERMETL, SIDDHA,WELCURE & YUVRAAJHPL.
11th 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 8/1/2016 503657 VEERENRGY DIVYABALA MAHASUKHLAL SHAH S 1942000 5.01
2 8/1/2016 532475 APTECHT SAMEER KISHORBHAI KOTICHA B 743136 67.50
3 8/1/2016 532475 APTECHT ASK SECURITIES ADVISORY SERVICES PRIVATE L S 743136 67.50
4 8/1/2016 503657 VEERENRGY BRIJKISHOR VANIJYA PRIVATE LIMITED S 560000 5.05
5 8/1/2016 503657 VEERENRGY BRIJKISHOR VANIJYA PRIVATE LIMITED B 560000 5.02
6 8/1/2016 531337 IRISMEDIA AVATAR INDIA OPPORTUNITIES FUND B 550000 9.08
7 8/1/2016 503657 VEERENRGY JITS SHARE TRADING PRIVATE LIMITED B 500000 5.01
8 8/1/2016 536672 VCU MILLENIUMPORTFOLIO SERVICES LIMITED B 498000 31.42
9 8/1/2016 503657 VEERENRGY SONPORI SECURITES PRIVATE LIMITED B 407444 5.01
10 8/1/2016 531934 SUPREMETEX BHAVNABEN VIRENDRAKUMAR PATEL S 379513 12.84
DLF & IBREALEST
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
11th Jan 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website