#ChoiceBroking #Morningtea

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
05th Jan 2017
 US Market:
US shares ended higher on Wednesday even after minutes from the Federal Reserve's December meeting showed
concerns that quicker economic growth under President-elect Donald Trump could require faster interest rate
increases to ward off inflation. US stocks have surged over the past two months on expectations that Trump will
stimulate the economy with tax cuts and infrastructure spending and eliminate regulations in the financial
industry. But investors also worry that Trump's measures could stir inflation and push the US central bank to raise
rates more aggressively than anticipated. Extremely low interest rates have fuelled a rally of over 200 percent in
the S&P 500 since the 2008 financial crisis, and investors worry that raising rates will crimp future increases. The
Dow Jones Industrial Average rose 0.3 percent to end at 19,942.16, while the S&P 500 gained 0.57 percent to
2,270.75. The Nasdaq Composite added 0.88 percent to 5,477.01.
 Asian Market:
Asian stocks edged higher on Thursday, underpinned by a firm Wall Street after minutes from the Federal
Reserve's December meeting suggested a less hawkish stance from policymakers. Oil prices rose on expectations
of drops in US inventories. MSCI's broadest index of Asia-Pacific stocks outside Japan gained 0.2 percent, on track
for a eighth consecutive session of gains. Early Asian markets such as Australia rose 0.4 percent. The Indian equity
market is expected to open gap up today tracking Asian indices. SGX Nifty is trading at 8238.50 Up by 40.50 points.
 BPCL plans USD 1 billion dollar bonds to refinance short term loans
 Bajaj Auto workers to go on a 2 day strike on January 7
 Fortis Healthcare plans to add 5-6 hospitals in 18 months
 BGR Energy forays into large size water treatment biz
 Sun Pharma announces positive topline results for Seciera for
treatment of dry eye
 GSFC Buy in the range of 102-103 for Target of 107 with SL of 99
On a daily chart, the stock has given a breakout of its recent high with above average volume which indicates robust
upside movement in the counter. Besides, the stock has formed a long leg of lower shadow candlestick which is a
continuation candlestick and suggests further upside movement in the counter. A momentum indicator RSI reading is at
67.86 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 102-103 for Target of 107 with SL of 99.
 NITINFIRE Buy in the range of 26-27 for Target of 30 with SL of 25.50
On daily chart, the stock has formed long bull candlestick with above average volume which indicates accentuated buying
activity during the last trading session. Moreover, the stock has given close above its 21 days moving average which is
placed at 25.75 level which shows that near to medium term trend is up. A momentum indicator RSI reading is at 55.95
level with positive crossover which points out for positive breath in the stock. So for trading perspective, one could Buy in
the range of 26-27 for Target of 30 with SL of 25.50.
Stock in News
Global Update
As per Yester’s
Morning Tea,
SNOWMAN Up by 1.80%

2. Sasken Communication Technologies Limited; Buy Back
Hexaware Technologies Limited; Buy Back
Result Calendar:
CHLOGIST, GMBREW
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
05th Jan 2017
Corporate Action / Result Calendar
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 4/1/2017 532919 ACIASIA ETHAN CONSTRUCTIONS PRIVATE LIMITED S 10000000 0.14
2 4/1/2017 532919 ACIASIA HARITIMA INFRASTRUCTURE PRIVATE LIMITED S 10000000 0.14
3 4/1/2017 531467 ARNAVCORP MERITORIOUS REALTY PRIVATE LIMITED S 1876663 2.60
4 4/1/2017 511076 SATINDLTD MANJU GUPTA S 1025000 18.05
5 4/1/2017 531467 ARNAVCORP RUPAL BHANSALI S 596039 2.61
6 4/1/2017 531467 ARNAVCORP HIMANSHU BHANSALI S 545459 2.61
7 4/1/2017 530885 AURUMSOFT MOHANSUNDR S 500000 0.50
7 4/1/2017 530885 AURUMSOFT SATISH CHANDER VOHRA B 499500 0.50
7 4/1/2017 531467 ARNAVCORP INVENTURE GROWTH & SECURITIES LTD. B 476137 2.60
7 4/1/2017 511076 SATINDLTD SKA SALES PRIVATE LIMITED B 428001 18.05
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.
05th 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: 2017.01.05 08:40:32 +05'30'