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SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Cipla, one of India'sleading generic pharmaceutical companies has reportedlyacquired the exclusive rights to market skin care productsof Percos
India. This deal may be worth an estimated Rs 90 crore. The company will market few fast growing brands like Vedaderm, Claz, Actipeel, Tryses
and Glycoveda, which have collective sales of around Rs 10 crore. Cipla is a global pharmaceutical company which uses cutting edge technology
and innovation to meet the everyday needs of all patients. For more than 70 years, Cipla has emerged as one of the most respected
pharmaceuticalnames inIndiaaswell asacrossmore than150 countries. The company's portfolioincludes over 1500 productsacrosswide range
oftherapeuticcategorieswithonequalitystandardglobally.
Technical Outlook : The stock has been trading in rising channel formation since last couples of days and it has taken support at lower band of
channelat648levelsonhourlychart.Moreover,pricesaretradingabove100EMAwhichsuggestingmediumtermtolongtermtrendisup.On
the other hand, momentum indicator RSI has moved above 40 level and about to make positive crossover, which gives positive confirmation
totheprices.Sofortradingprospective,onecouldBuyintherangeof652-656 forthetargetof663-670 levels.
HCL Technologies, a leading global IT services provider, has entered into a global partnership with Manchester United. As part of this partnership
HCL and Manchester United will work together to explore and unveil a number of digital initiatives to transform the experience of the Club's 659
million global followers. As the first step, HCL will create a state-of-the-art United Xperience Lab to be housed within the iconic Old Trafford
stadium, which will make it the seventh such lab across the world. Within the lab, HCL and Manchester United will explore revolutionary ways in
which the club uses technology to create a unified fan experience for supporters; and in the process set a new engagement benchmark in the
worldofsport.HCLTechnologiesisaleadingglobalITservicescompanyworkingwithclientsin theareasthatimpactandredefinethecoreoftheir
businesses.
Technical Outlook: On daily chart, prices have been trading in horizontal channel formation as well as trading with the support 100 DEMA at
939.60 levels, which indicates the short term trend remain bullish. Recently price has formed small bullish candle stick with above average
volumes. The momentum indictor RSI has remained above 40 levels with positive crossover, which show positive breath in the stock. So for
tradingprospective,onecouldBuyintherangeof957-961 forthetargetof971-981 levels.
CIPLA
HCLTECH
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
04th Sept 2015
Buy in the range of 957-961 with of SL 947 for the Target of 971-981
Buy in the range of 652-656 with of SL 645 for the Target of 663-670
USstocksendedslightlyhigheronThursdayasinvestors,onedgeafterrecentturmoilinChina'smarkets,lookedtowardakeyUSjobsreportthatmayfigure
intheFederalReserve's decisionaboutwhentoliftinterestrates.MajorUSindices atonepointrosestronglyover 1percentbutrelinquishedthosegainsto
dipintonegativeterritoryasworriesaboutChina'seconomyweighedontraders'minds,thoughtheDowJonesindustrialaverageandS&P500managedto
hold on to end modestly higher. It was the second consecutive day of increases after over two weeks of China-driven market turmoil that has left the S&P
500 down 9 percent from its all-time high in May. European Central Bank chief Mario Draghi hinted at additional stimulus measures for the euro zone,
helpingdriveWallStreet'searlygains.HisremarkscameadayaheadofthemonthlyUSnonfarmpayrollsdata,whichisexpectedtoshowthattheeconomy
added 220,000 nonfarm jobs in August, upfrom 215,000 in July.TheDow Jones industrial averagerose 0.14 percentto 16,374.76 and the S&P 500 gained
0.12percentto1,951.13points.TheNasdaqCompositeended0.35percentlowerat4,733.50.
Asian stocks traded mixed on the final trading day of the week, mirroring the lead from Wall Street overnight. Market volatility was high in early trade as
investors awaited the nonfarm payrolls report for August that may play a crucial role in the Federal Reserve's decision about when to lift interest rates.
China's stock market remains closed for a second day as the country commemorates the end of World War Two. The absence of China-induced market
volatility could bode well for sentiment in the region. However, neighboring Hong Kong markets will reopen for trade today after being shut on Thursday.
Japan's benchmark Nikkei 225 index down by 1.14% at 17976.77, South Korea's Kospi index edged down by 1.03% to 1896 levels. However, HangSeng
index traded with marginally gain with 0.39% at 21016.50. Back to home, TheIndian equity marketis expected toopen in the red today. TheSGX Nifty is
tradingat7819.50, down22points.
SEBI Certified – Research Analyst www.choiceindia.com
Bulk Deal
Corporate Action / Result Calendar
SEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
04th Sept 2015
Security in Ban
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Corporate Action:
Crest Ventures Limited; Annual General Meeting/ Dividend - Re 0.50/- Per Share.
Coral India Finance & Housing Limited; Annual General Meeting/Dividend - Re 1/- Per Share.
Indian Oil Corporation Limited; Annual General Meeting/ Dividend - Rs 6.60/- Per Share.
Himatsingka Seide Limited; Annual General Meeting/ Dividend - Rs 2/- Per Share.
Manappuram Finance Limited; Interim Dividend - Re 0.45/- Per Share.
Weizmann Forex Limited; Annual General Meeting/Dividend - Rs 7.50/- Per Share.
Sona Koyo Steering Systems Limited; Annual General Meeting/ Dividend - Re 0.65/- Per Share.
Orient Refractories Limited; Annual General Meeting/ Dividend - Re 1.40/- Per Share.
Weizmann Limited; Annual General Meeting/Dividend - Re 0.50/- Per Share.
Entertainment Network (India) Limited; Annual General Meeting/ Dividend - Re 1/- Per Share.
Pudumjee Pulp & Paper Mills Limited; Dividend - Re 0.30/- Per Share.
Sr.No Deal Date Security Code Security Name Client Name Deal Type Quantity Price
1 3/9/2015 534060 PMCFIN PRASUN F SINGH S 1,280,086 1.56
2 3/9/2015 534060 PMCFIN PRASUN F SINGH B 1,280,086 1.55
3 3/9/2015 538732 VGCL NAGPUR TOOLS PVT LTD B 792,000 19.50
4 3/9/2015 535136 KFL SANGAM ADVISORS LIMITED S 260,000 7.85
5 3/9/2015 535136 KFL MANJUSHA GANESH NIBHE B 260,000 7.85
6 3/9/2015 531867 UNITINT ARUNA DINESH SHAH S 240,678 5.51
7 3/9/2015 531867 UNITINT SHPL ENTERPRISES PRIVATE LIMITED S 240,396 5.50
8 3/9/2015 531867 UNITINT SHPL ENTERPRISES PRIVATE LIMITED B 239,521 5.58
9 42072 531867 UNITINT ARUNA DINESH SHAH B 238,835 5.53
10 3/9/2015 502761 BLUBLND-B ANAND ARYA B 230,001 15.20
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
Chandrakant Maske Research Associate
Ritesh Patel Research Associate
Amit Pathania Research Associate
Vikas Chaudhari Research Associate
Rajnath Yadav Research Associate
Satish Kumar Research Associate
Morning Tea
04th Sept 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: 2015.09.04 08:35:41 +05'30'

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Morning Tea 04/09/2015

  • 1. SEBI Certified – Research Analyst www.choiceindia.com Global View India Update Today’s Event/ Stock in News Cipla, one of India'sleading generic pharmaceutical companies has reportedlyacquired the exclusive rights to market skin care productsof Percos India. This deal may be worth an estimated Rs 90 crore. The company will market few fast growing brands like Vedaderm, Claz, Actipeel, Tryses and Glycoveda, which have collective sales of around Rs 10 crore. Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients. For more than 70 years, Cipla has emerged as one of the most respected pharmaceuticalnames inIndiaaswell asacrossmore than150 countries. The company's portfolioincludes over 1500 productsacrosswide range oftherapeuticcategorieswithonequalitystandardglobally. Technical Outlook : The stock has been trading in rising channel formation since last couples of days and it has taken support at lower band of channelat648levelsonhourlychart.Moreover,pricesaretradingabove100EMAwhichsuggestingmediumtermtolongtermtrendisup.On the other hand, momentum indicator RSI has moved above 40 level and about to make positive crossover, which gives positive confirmation totheprices.Sofortradingprospective,onecouldBuyintherangeof652-656 forthetargetof663-670 levels. HCL Technologies, a leading global IT services provider, has entered into a global partnership with Manchester United. As part of this partnership HCL and Manchester United will work together to explore and unveil a number of digital initiatives to transform the experience of the Club's 659 million global followers. As the first step, HCL will create a state-of-the-art United Xperience Lab to be housed within the iconic Old Trafford stadium, which will make it the seventh such lab across the world. Within the lab, HCL and Manchester United will explore revolutionary ways in which the club uses technology to create a unified fan experience for supporters; and in the process set a new engagement benchmark in the worldofsport.HCLTechnologiesisaleadingglobalITservicescompanyworkingwithclientsin theareasthatimpactandredefinethecoreoftheir businesses. Technical Outlook: On daily chart, prices have been trading in horizontal channel formation as well as trading with the support 100 DEMA at 939.60 levels, which indicates the short term trend remain bullish. Recently price has formed small bullish candle stick with above average volumes. The momentum indictor RSI has remained above 40 levels with positive crossover, which show positive breath in the stock. So for tradingprospective,onecouldBuyintherangeof957-961 forthetargetof971-981 levels. CIPLA HCLTECH SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website Morning Tea 04th Sept 2015 Buy in the range of 957-961 with of SL 947 for the Target of 971-981 Buy in the range of 652-656 with of SL 645 for the Target of 663-670 USstocksendedslightlyhigheronThursdayasinvestors,onedgeafterrecentturmoilinChina'smarkets,lookedtowardakeyUSjobsreportthatmayfigure intheFederalReserve's decisionaboutwhentoliftinterestrates.MajorUSindices atonepointrosestronglyover 1percentbutrelinquishedthosegainsto dipintonegativeterritoryasworriesaboutChina'seconomyweighedontraders'minds,thoughtheDowJonesindustrialaverageandS&P500managedto hold on to end modestly higher. It was the second consecutive day of increases after over two weeks of China-driven market turmoil that has left the S&P 500 down 9 percent from its all-time high in May. European Central Bank chief Mario Draghi hinted at additional stimulus measures for the euro zone, helpingdriveWallStreet'searlygains.HisremarkscameadayaheadofthemonthlyUSnonfarmpayrollsdata,whichisexpectedtoshowthattheeconomy added 220,000 nonfarm jobs in August, upfrom 215,000 in July.TheDow Jones industrial averagerose 0.14 percentto 16,374.76 and the S&P 500 gained 0.12percentto1,951.13points.TheNasdaqCompositeended0.35percentlowerat4,733.50. Asian stocks traded mixed on the final trading day of the week, mirroring the lead from Wall Street overnight. Market volatility was high in early trade as investors awaited the nonfarm payrolls report for August that may play a crucial role in the Federal Reserve's decision about when to lift interest rates. China's stock market remains closed for a second day as the country commemorates the end of World War Two. The absence of China-induced market volatility could bode well for sentiment in the region. However, neighboring Hong Kong markets will reopen for trade today after being shut on Thursday. Japan's benchmark Nikkei 225 index down by 1.14% at 17976.77, South Korea's Kospi index edged down by 1.03% to 1896 levels. However, HangSeng index traded with marginally gain with 0.39% at 21016.50. Back to home, TheIndian equity marketis expected toopen in the red today. TheSGX Nifty is tradingat7819.50, down22points.
  • 2. SEBI Certified – Research Analyst www.choiceindia.com Bulk Deal Corporate Action / Result Calendar SEBI Certified – Research Analyst www.choiceindia.com Morning Tea 04th Sept 2015 Security in Ban SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website Corporate Action: Crest Ventures Limited; Annual General Meeting/ Dividend - Re 0.50/- Per Share. Coral India Finance & Housing Limited; Annual General Meeting/Dividend - Re 1/- Per Share. Indian Oil Corporation Limited; Annual General Meeting/ Dividend - Rs 6.60/- Per Share. Himatsingka Seide Limited; Annual General Meeting/ Dividend - Rs 2/- Per Share. Manappuram Finance Limited; Interim Dividend - Re 0.45/- Per Share. Weizmann Forex Limited; Annual General Meeting/Dividend - Rs 7.50/- Per Share. Sona Koyo Steering Systems Limited; Annual General Meeting/ Dividend - Re 0.65/- Per Share. Orient Refractories Limited; Annual General Meeting/ Dividend - Re 1.40/- Per Share. Weizmann Limited; Annual General Meeting/Dividend - Re 0.50/- Per Share. Entertainment Network (India) Limited; Annual General Meeting/ Dividend - Re 1/- Per Share. Pudumjee Pulp & Paper Mills Limited; Dividend - Re 0.30/- Per Share. Sr.No Deal Date Security Code Security Name Client Name Deal Type Quantity Price 1 3/9/2015 534060 PMCFIN PRASUN F SINGH S 1,280,086 1.56 2 3/9/2015 534060 PMCFIN PRASUN F SINGH B 1,280,086 1.55 3 3/9/2015 538732 VGCL NAGPUR TOOLS PVT LTD B 792,000 19.50 4 3/9/2015 535136 KFL SANGAM ADVISORS LIMITED S 260,000 7.85 5 3/9/2015 535136 KFL MANJUSHA GANESH NIBHE B 260,000 7.85 6 3/9/2015 531867 UNITINT ARUNA DINESH SHAH S 240,678 5.51 7 3/9/2015 531867 UNITINT SHPL ENTERPRISES PRIVATE LIMITED S 240,396 5.50 8 3/9/2015 531867 UNITINT SHPL ENTERPRISES PRIVATE LIMITED B 239,521 5.58 9 42072 531867 UNITINT ARUNA DINESH SHAH B 238,835 5.53 10 3/9/2015 502761 BLUBLND-B ANAND ARYA B 230,001 15.20
  • 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 Chandrakant Maske Research Associate Ritesh Patel Research Associate Amit Pathania Research Associate Vikas Chaudhari Research Associate Rajnath Yadav Research Associate Satish Kumar Research Associate Morning Tea 04th Sept 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: 2015.09.04 08:35:41 +05'30'