The US jobs report had little impact on markets as a rate hike this month is already priced in. Asian shares opened lower with Australia's ASX 200 and Japan's Nikkei down over 0.5%. The Indian market is expected to open flat tracking Asian indices. Technical analysis recommends buying Ajanta Pharma and selling Wipro. Key corporate events include results from Asianhotnr, Ballarpur, Colpal and others.

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
05th Dec 2016
 US Market:
US stocks ended little changed on Friday after a payrolls report did little to recast expectations for an interest rate
hike from the Federal Reserve this month and bank stocks cooled to round out their fourth straight week of gains.
A US Labor Department report showed employers in private and public sectors hired more people last month than
economists had expected, further strengthening expectations of a hike when the US central bank meets December
13 and 14. But investors' reaction to Friday's jobs report was muted as markets appeared to have already priced in
a hike this month. The Dow Jones industrial average fell 21.5 points, or 0.11 percent, to 19,170.42, the S&P 500
gained 0.87 point, or 0.04 percent, to 2,191.95 and the Nasdaq Composite added 4.55 points, or 0.09 percent, to
5,255.65.
 Asian Market:
Asian shares started Monday on the back foot with Australia's ASX 200 fell 0.61 percent in early Asian trade,
weighed by its energy sub-index, which was down 1.17 percent and its financials sub-index, down 1.15 percent. In
Japan, the Nikkei 225 opened down 0.58 percent, as South Korea's Kospi slipped 0.18 percent. Elsewhere, the NZX
50 fell slightly as Prime Minister John Key said he would resign, citing it as "the right time" as he would not seek a
fourth term. The New Zealand dollar neared low of session against the US dollar of 0.7070. The Indian equity
market is expected to open flat today tracking Asian indices. SGX Nifty is trading at 8110 Down by 4 points.
 RBI Governor may cut rate by 0.25% in policy review
 India takes pride of place, crosses $300 bn FDI mark
 Tata Steel closes in on UK plant deal: Report
 China's biggest carmaker to drive into India
 ONGC crosses daily production target; revises annual goal
 AJANTAPHARM Buy in range of 1875-1879 for Target of 1917 with SL of 1856
On daily chart, stock has taken support of its 21 day moving average which is placed at 1840.67 level which shows
that near term is still in uptrend. Moreover, stock has given breakout of 1850 level and managed to close above it,
which also suggest rebound upside movement in the counter. A momentum indicator RSI reading is at 51.13 level
with positive crossover which point out for positive breath in the stock. So for trading perspective, one could Buy in
range of 1875-1879 for Target of 1917 with SL of 1856.
 WIPRO Sell in range of 461-463 for Target of 452 with SL of 468
On daily chart, stock has formed Bearish belt hold candlestick which is a bearish reversal indication and indicates for
downside move. Moreover, stock couldn’t manage to close above its 50 day moving average which is placed at
467.70 level which suggests downside movement in the counter. A momentum indicator RSI reading is at 50.75
level and about to make negative crossover which point out for negative breath in the stock. So for trading
perspective, one could Sell in range of 461-463 for Target of 452 with SL of 468.
Stock in News
Global Update

2. Result Calendar:
ASIANHOTNR, BALLARPUR, COLPAL, NET4, RTNINFRA, RTNPOWER & SWELECTES.
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
05th Dec 2016
Corporate Action / Result Calendar
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 1/12/2016 536799 SRSFIN STUNNING SUPPLIERS AND TRADERS PVT LTD B 1500000 12.20
2 1/12/2016 536799 SRSFIN OLYMPIA BUILDERS PRIVATE LIMITED S 1500000 12.20
3 1/12/2016 537259 SUYOG ALPANA SANJAY DANGI S 583200 470.00
4 1/12/2016 537259 SUYOG MENTOR CAPITAL LIMITED B 583200 470.00
5 1/12/2016 534731 BITL BHARAT KALABHAI KABIRA S 508694 2.68
6 1/12/2016 534731 BITL BHARAT KALABHAI KABIRA B 479179 2.62
7 1/12/2016 534731 BITL competent textiles pvt ltd S 400000 2.62
7 1/12/2016 518075 SURAJ TIRUPATI VINCOM PRIVATE LIMITED S 200000 15.05
7 1/12/2016 518075 SURAJ MEENA BHARTIYA B 179570 15.05
7 1/12/2016 533499 BGLOBAL MUSHTAQALIBAHADURPATEL B 92403 7.36
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 Dec 2016
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: 2016.12.05 08:32:28 +05'30'