‪‎ChoiceBroking‬ ‪‎Financial‬ Tips MorningTea: ‪‎BUY‬ ‪BRITANNIA ‬2930-2945 ‪‎TGT‬ 3005 ‪‎SL‬ 2900 BUY ‪‎CANBANK‬ @268-270 ‪‎TGT276‬ Sl 265

1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
With an aim to increase its topline by fivefold, Britannia Industries is reportedly planning to expand its dairy products' business. The company
intends to set up a standalone division for its fledgling milk product business. The new division will be in addition to the existing dairy unit, which
accounts for less than 5 per cent of Britannia's sales. Britannia, one of the India's biggest brands of the country, has a market share of over 33%.
More-than-a-century old Britannia has launched big brands in FMCG Segment. The company is expanding its customer base by launching new
productsandrenovatingexistingones.
TechnicalOutlook:Thestockhasbeentradingwiththesupportofitsrisingtrendlinewhichisplacedat2780levelsondailychart.Moreover,stock
hasformedbullishHaramicandlestickpatternondailychart,whichisfollowedbylongbullishcandlestick.Stockhasbeentradingwiththesupport
of 38.20% Fibonacci retracement level which is placed at 2880 levels from its previous bull run of 1991 to 3430 levels. A momentum indicator RSI
has movedabove 30 levels ondailychart, whichpointout forpositive breathin the stock. Sofortrading perspective, one could Buyin the range of
2930-2945 fortheTargetof3005withtheSLof2900.
BRITANNIA
CANBK
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
20th Nov 2015
Buy in the range of 268-270 for the Target of 276 with the SL of 265
Buy in the range of 2930-2945 for the Target of 3005 with the SL of 2900
Canara Bank has received an approval to raise additional capital of Rs 2400 crore through issue of BASEL-III compliant Tier II
Bonds by way of Private Placement at a Coupon Rate as decided by the Bond Committee of the Bank to support the asset growth
during 2015-16 & also to maintain healthy level of CRAR. The Bond Committee during the course of its meeting held on
November 17, 2015, has approved for the same. Canara bank has reported increased in total income by 4.47% at Rs 12252.64
crore for quarter under review as compared to Rs 11728.01 crore for the quarter ended June 30, 2014.
Technical Outlook:Onhourlychart,the stockhas beentradingwith the supportofits horizontaltrendline at267.40 levels. Moreover, stockhalso
asbeentradingwiththesupportofits70.7%Fibonacciretracementlevelwhichisplaced at266.40levelsfromitspreviouscorrectionof250to305
levels. A momentum indicator RSI has moved above 30 levels on daily chart, which point out for positive breath in the stock. So for trading
perspective,onecouldBuyintherangeof268-270 fortheTargetof276withtheSLof265.
Wall Street ended a little lower on Thursday as falling healthcare stocks offset gains in Intel and other technology names while investors eyed an
expected rate hike in December. Data on Thursday appeared to support the Federal Reserve's view of a strengthening labor market ahead of its
meetingnext month.ThenumberofAmericansfilingforunemploymentbenefitsfelllastweek.MinutesfromtheFed'sOctobermeeting,released
on Wednesday, hardened expectations of a December interest rate hike and hinted at a cautious approach after that. The Dow Jones industrial
average closed 0.02 percent weaker at 17,732.75 points while the S&P 500 lost 0.11 percent to 2,081.24. The Nasdaq Composite edged 0.03
percentlowerto5,073.64.
Asian shares looked set to hold on to this week's gains, while the dollar took a breather on Friday after stepping back from seven-
month highs as investors grappled with the prospects of higher US borrowing costs and slower global economic growth.
Commodity prices were pressured, with copper near 6-1/2-year lows and a major sea freight index hitting its lowest level on
record, underscoring worries over slackening world demand. MSCI's broadest index of Asia-Pacific shares outside Japan was
almost flat on the day, though it held on to gains of 1.7 percent so far this week. Japan's Nikkei retreated from three-month highs
hit on Thursday, falling 0.5 percent as the dollar dipped versus the yen though it is likely to post its fifth consecutive week of
gains. Shanghai Composite index traded at 0.11 to 3621.09, Hang Seng index traded at -0.26 % to 22442.72, Japan's benchmark
Nikkei 225 index traded at -0.53% to 19755.98, South Korea's Kospi index traded up by 0.05 % to 1989.94 levels. The SGX Nifty
suggests a flat opening for our markets as it is trading at 7846, down by 10 points.

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:
DCM Limited; Interim Dividend -Rs. 1.50/- Per Share
Result Calendar:
GAMMNINFRA & SIMPLEX
20th Nov 2015
Security in Ban
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Sr.No Deal Date Security Name Client Name Deal Type Quantity Price
1 19/11/2015 ANSALAPI POLUS GLOBAL FUND LIMITED B 3278797 19.00
2 19/11/2015 ANSALAPI LOTUS GLOBAL INVESTMENTS LIMITED S 3278797 19.00
3 19/11/2015 ADIFINCHM UTKARSH BHIKHOOBHAI SHAH S 914816 215.80
4 19/11/2015 ADIFINCHM RADHIKA UTKARSH SHAH B 914816 215.80
5 19/11/2015 MBECL SUNDARAM BNP PARIBAS MUTUAL FUND S 700000 95.16
6 19/11/2015 HINDTIN VIJAY KUMAR BHATIA S 525000 50.50
7 19/11/2015 HINDTIN SANJAY BHATIA B 525000 50.50
8 19/11/2015 MBECL RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED B 300000 95.15
DLF & JINDALSTEL

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
20th Nov 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: 2015.11.20 08:54:51 +05'30'