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SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
04th Jan 2017
 US Market:
Wall Street rose sharply on Tuesday as a post-election rally extended into the New Year, helped by gains in
Verizon Communications and technology companies Alphabet and Facebook. US stocks have surged over the past
two months on expectations that President-elect Donald Trump will stimulate the economy with tax cuts and
infrastructure spending and slash regulations in the financial industry. However, with the Dow Jones Industrial
Average trading near the never-before-reached 20,000 mark, some investors warned that additional strong gains
would be unlikely in the short term. They want to see evidence that Trump's campaign-trail promises will be
approved by Republican lawmakers concerned about widening the federal budget deficit. The Dow Jones
Industrial Average climbed 119.16 points, or 0.6 percent, to end at 19,881.76 points and the S&P 500 gained 0.85
percent to 2,257.83. The Nasdaq Composite added 0.85 percent to 5,429.08.
 Asian Market:
Japanese shares up more than 1 percent on Wednesday morning as the yen weakened against a stronger dollar,
and after a private survey suggested the manufacturing sector might be recovering. The Nikkei 225 leaped up 1.73
percent while the Topix bounced up 1.83 percent, likely due to expectations of a weaker yen after the greenback
hit a 14-year high overnight against a basket of currencies. Australia's ASX 200 wavered between negative and
positive for most of the morning session, and last traded up 0.1 percent. South Korea's Kospi was nearly flat, up
0.02 percent. The Indian equity market is expected to open flat to positive today tracking Asian indices. SGX Nifty
is trading at 8206.50 Up by 16 points.
 GMR, Tatas to stay out of Navi Mumbai airport bid.
 ONGC, Cairn India demand lowering of cess on crude.
 Balrampur Chini to buy back shares worth Rs 175 cr.
 Mistry files fresh affidavit as proof of Ratan Tata’s ‘meddling’.
 HDFC lowers home loan rates tracking SBI rate cut.
 SNOWMAN Buy in the range of 54-55.50 for Target of 60 with SL of 52
On a daily chart, the stock has given a positive breakout of its rectangle movement with above average volume which
indicates robust upside movement in the counter. Moreover, the stock has given close above its 50 days moving average
which is placed at 54.47 level which shows that stock could accelerate its upside movement from the present level. A
momentum indicator RSI reading is at 62.20 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 54-55.50 for Target of 60 with SL of 52.
 PRISMCEM Buy in range of 83-84 for Target of 88 with SL of 80
On a daily chart, the stock has given a breakout of its range bound move with ample volume which indicates healthy
upside move in the counter. Moreover, the stock has given close above its 21 days moving average which is placed at
83.05 level which shows that near to medium term trend has changed to up. A momentum indicator RSI reading is at
47.90 level which positive crossover which points out for positive breath in the stock. So for trading perspective, one
could Buy in the range of 83-84 for Target of 88 with SL of 80.
Stock in News
Global Update
JSW Steel Limited; Fv Splt Frm Rs 10 To Re 1
Result Calendar:
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
04th Jan 2017
Corporate Action / Result Calendar
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 3/1/2017 532919 ACIASIA ABJAYONI TRADING PRIVATE LIMITED S 10000000 0.14
2 3/1/2017 532919 ACIASIA ROHO REAL ESTATE PRIVATE LIMITED B 10000000 0.14
3 3/1/2017 531467 ARNAVCORP PARKWAY PROPERTIES PRIVATE LIMITED S 1884870 2.55
4 3/1/2017 511076 SATINDLTD MANJU GUPTA S 800000 18.06
5 3/1/2017 531467 ARNAVCORP SHASULTAN SABJALI NOORANI S 660000 2.55
6 3/1/2017 531467 ARNAVCORP SABJALI IBRAHIM NOORANI S 590616 2.55
7 3/1/2017 531467 ARNAVCORP KAPILA MOHANLAL VAGHELA S 500000 2.56
7 3/1/2017 531467 ARNAVCORP KAPILA MOHANLAL VAGHELA B 500000 2.56
7 3/1/2017 512449 SVCRES MOHIT KHULLAR HUF S 414751 0.99
7 3/1/2017 512449 SVCRES JASWANT SINGH B 414751 0.99
Security in Ban
Bulk Deal
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.
04th Jan 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: 2017.01.04 08:40:47 +05'30'

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Morning tea 04 01-2017

  • 1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website Morning Tea 04th Jan 2017  US Market: Wall Street rose sharply on Tuesday as a post-election rally extended into the New Year, helped by gains in Verizon Communications and technology companies Alphabet and Facebook. US stocks have surged over the past two months on expectations that President-elect Donald Trump will stimulate the economy with tax cuts and infrastructure spending and slash regulations in the financial industry. However, with the Dow Jones Industrial Average trading near the never-before-reached 20,000 mark, some investors warned that additional strong gains would be unlikely in the short term. They want to see evidence that Trump's campaign-trail promises will be approved by Republican lawmakers concerned about widening the federal budget deficit. The Dow Jones Industrial Average climbed 119.16 points, or 0.6 percent, to end at 19,881.76 points and the S&P 500 gained 0.85 percent to 2,257.83. The Nasdaq Composite added 0.85 percent to 5,429.08.  Asian Market: Japanese shares up more than 1 percent on Wednesday morning as the yen weakened against a stronger dollar, and after a private survey suggested the manufacturing sector might be recovering. The Nikkei 225 leaped up 1.73 percent while the Topix bounced up 1.83 percent, likely due to expectations of a weaker yen after the greenback hit a 14-year high overnight against a basket of currencies. Australia's ASX 200 wavered between negative and positive for most of the morning session, and last traded up 0.1 percent. South Korea's Kospi was nearly flat, up 0.02 percent. The Indian equity market is expected to open flat to positive today tracking Asian indices. SGX Nifty is trading at 8206.50 Up by 16 points.  GMR, Tatas to stay out of Navi Mumbai airport bid.  ONGC, Cairn India demand lowering of cess on crude.  Balrampur Chini to buy back shares worth Rs 175 cr.  Mistry files fresh affidavit as proof of Ratan Tata’s ‘meddling’.  HDFC lowers home loan rates tracking SBI rate cut.  SNOWMAN Buy in the range of 54-55.50 for Target of 60 with SL of 52 On a daily chart, the stock has given a positive breakout of its rectangle movement with above average volume which indicates robust upside movement in the counter. Moreover, the stock has given close above its 50 days moving average which is placed at 54.47 level which shows that stock could accelerate its upside movement from the present level. A momentum indicator RSI reading is at 62.20 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 54-55.50 for Target of 60 with SL of 52.  PRISMCEM Buy in range of 83-84 for Target of 88 with SL of 80 On a daily chart, the stock has given a breakout of its range bound move with ample volume which indicates healthy upside move in the counter. Moreover, the stock has given close above its 21 days moving average which is placed at 83.05 level which shows that near to medium term trend has changed to up. A momentum indicator RSI reading is at 47.90 level which positive crossover which points out for positive breath in the stock. So for trading perspective, one could Buy in the range of 83-84 for Target of 88 with SL of 80. Stock in News Global Update
  • 2. JSW Steel Limited; Fv Splt Frm Rs 10 To Re 1 Result Calendar: SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website Morning Tea 04th Jan 2017 Corporate Action / Result Calendar Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price 1 3/1/2017 532919 ACIASIA ABJAYONI TRADING PRIVATE LIMITED S 10000000 0.14 2 3/1/2017 532919 ACIASIA ROHO REAL ESTATE PRIVATE LIMITED B 10000000 0.14 3 3/1/2017 531467 ARNAVCORP PARKWAY PROPERTIES PRIVATE LIMITED S 1884870 2.55 4 3/1/2017 511076 SATINDLTD MANJU GUPTA S 800000 18.06 5 3/1/2017 531467 ARNAVCORP SHASULTAN SABJALI NOORANI S 660000 2.55 6 3/1/2017 531467 ARNAVCORP SABJALI IBRAHIM NOORANI S 590616 2.55 7 3/1/2017 531467 ARNAVCORP KAPILA MOHANLAL VAGHELA S 500000 2.56 7 3/1/2017 531467 ARNAVCORP KAPILA MOHANLAL VAGHELA B 500000 2.56 7 3/1/2017 512449 SVCRES MOHIT KHULLAR HUF S 414751 0.99 7 3/1/2017 512449 SVCRES JASWANT SINGH B 414751 0.99 Security in Ban Bulk Deal
  • 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. 04th Jan 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: 2017.01.04 08:40:47 +05'30'