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SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Power equipment & pipe maker Skipper Ltd has forayed into major African markets through bagging new orders from Kenya,
Cameroon, Congo, Ghana, Malaysia as well as in the domestic markets, as per the PTI report. Commenting on the development,
Skipper Ltd, Director, Sharan Bansal said that, these orders are for supply of transmission, distribution poles, sub-station towers &
steel angles and are valued at around Rs 100 crore. Bansal further said that, the company is excited for its entry into major
African markets like Kenya, Cameroon, Congo, Ghana and Asian markets in countries such as Malaysia as a result of its
international business push.
Technical Outlook: On daily chart, stock has given breakout of its range bound move with above average volume, which indicates
for robust upside movement that can be seen in few trading session. Moreover, stock has been trading above its 100 day moving
average which is placed at 142.60 level which shows that short to medium term trend is up. A momentum indicator RSI reading is
at 66.02 level with positive crossover, which point out for positive breath in the stock. So for trading perspective, one could Buy
in the range of 155-157 for Target of 161 with SL of 153.
SKIPPER
PETRONET
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
07th July 2016
Buy in the range of 293-295 for the Target of 301 with the SL of 290
Buy in the range of 155-157 for the Target of 161 with the SL of 153
Country’s biggest gas importer Petronet LNG Ltd is planning to set up Rs 5,000 crore LNG import terminal in Bangladesh as it
seeks to build terminals to feed demand in the neighbouring countries,as per the media reports. Commenting on the
development, Petronet, Managing Director & CEO, Prabhat Singh told PTI that, the company have proposed to construct a 5 MT
p.a. capacity Liquefied Natural Gas (LNG) import terminal at Kutubdia islands off Cox's Bazar.
Technical Outlook: On daily chart, stock has been trading in a higher top higher bottom formation since last many days and it
seems that stock could further likely to continue with its ongoing move. Moreover, stock has been continuously trading with its
strong support of 50 day moving average which is placed at 277.40 level, which shows that short term trend is up. A momentum
indicator RSI reading is at 63.81 level with positive crossover, which point out for positive breath in the stock. So for trading
perspective, one could Buy in the range of 293-295 for Target of 301 with SL of 290.
Indian bourses likely open up tracking positive cues from other Asian and US markets. The SGX Nifty, at the time of publishing,
was up 40 points at 8339. Asian markets opened modestly higher on Thursday, likely taking cues from a stronger finish in the US,
helped by rising oil prices and the release of dovish Fed Reserve minutes. Australia's ASX 200 was up 0.58 percent, boosted by
gains in the energy, materials and the heavily-weighted financials sub-indexes. In Japan, the Nikkei 225 was near flat at 15,374.37,
while across the Korean Strait, the Kospi was up by 1 percent. Major US indexes finished higher. The Dow Jones industrial average
closed up 78 points, or 0.44 percent, at 17,918.62, the S&P 500 closed up 11.18 points, or 0.54 percent, at 2,099.73, and the
Nasdaq composite was up 36.26 points, or 0.75 percent, at 4,859.16.
US stocks rose on Wednesday as the Federal Reserve was seen refraining from raising US interest rates soon, even as economic
data showed the world's largest economy regained speed in the second quarter. The minutes for the June 14-15 meeting of the
US central bank, which took place before Britons voted to leave the European Union, showed widespread unease over the
"Brexit" vote, as well as a severe slowdown in hiring by US employers. Fed policymakers also said rate hikes should stay on hold
until they have a handle on the consequences of Brexit. Since the vote, stocks have been volatile on Wall Street, while investors
have driven up safe-haven assets such as gold and yields on long-term US debt have fallen to record lows.
SEBI Certified – Research Analyst www.choiceindia.com
Bulk Deal
SEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
07th July 2016
Security in Ban
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 5/7/2016 539404 SATIN DANISH MICROFINANCE PARTNERS K/S S 1395214 455.33
2 5/7/2016 532706 INOXLEISUR MACQUARIE FUND SOLUTIONS MACQUARIE AS S 605595 244.01
3 5/7/2016 531909 SWAGRUHA ANIL AGGARWAL S 352700 2.51
4 5/7/2016 506016 JRIIIL VINEET SINHA B 291693 7.84
5 5/7/2016 534707 ANSHUS PRADEEP NARENDRA BHATT S 285206 4.56
6 5/7/2016 539404 SATIN DSP BLACKROCK EQUITY FUND B 262000 455.00
7 5/7/2016 532770 HANUNG DHARA BHARATBHAI PATEL S 211450 6.92
8 5/7/2016 539404 SATIN BLACKROCK INDIA EQUITIS MAURITIUS LTD B 202000 455.00
9 5/7/2016 506016 JRIIIL ABHILASHA SHOPPERS PRIVATE LIMITED S 200060 7.78
10 5/7/2016 539786 DUNE SUNIL GARG B 200000 23.21
Corporate Action:
Bank of India; Annual General Meeting
Swaraj Engines Limited; Final Dividend - Rs 15/- And Special Dividend - Rs. 18/-
Intellect Design Arena Limited; Annual General Meeting
Axis Bank Limited; Annual General Meeting/ Dividend-Rs 5/- Per Share
Result Calendar:
MANORG, PALRED & ZEELEARN
Corporate Action / Result Calendar
JPASSOCIAT
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
07th July 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Kapil Shah
Digitally signed by Kapil Shah
DN: cn=Kapil Shah, o=Choice Equity Pvt Ltd, ou=Research
Team, email=kapil.shah@choiceindia.com, c=US
Date: 2016.07.07 08:53:35 +05'30'

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Morning tea 07 07-2016

  • 1. SEBI Certified – Research Analyst www.choiceindia.com Global View India Update Today’s Event/ Stock in News Power equipment & pipe maker Skipper Ltd has forayed into major African markets through bagging new orders from Kenya, Cameroon, Congo, Ghana, Malaysia as well as in the domestic markets, as per the PTI report. Commenting on the development, Skipper Ltd, Director, Sharan Bansal said that, these orders are for supply of transmission, distribution poles, sub-station towers & steel angles and are valued at around Rs 100 crore. Bansal further said that, the company is excited for its entry into major African markets like Kenya, Cameroon, Congo, Ghana and Asian markets in countries such as Malaysia as a result of its international business push. Technical Outlook: On daily chart, stock has given breakout of its range bound move with above average volume, which indicates for robust upside movement that can be seen in few trading session. Moreover, stock has been trading above its 100 day moving average which is placed at 142.60 level which shows that short to medium term trend is up. A momentum indicator RSI reading is at 66.02 level with positive crossover, which point out for positive breath in the stock. So for trading perspective, one could Buy in the range of 155-157 for Target of 161 with SL of 153. SKIPPER PETRONET SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website Morning Tea 07th July 2016 Buy in the range of 293-295 for the Target of 301 with the SL of 290 Buy in the range of 155-157 for the Target of 161 with the SL of 153 Country’s biggest gas importer Petronet LNG Ltd is planning to set up Rs 5,000 crore LNG import terminal in Bangladesh as it seeks to build terminals to feed demand in the neighbouring countries,as per the media reports. Commenting on the development, Petronet, Managing Director & CEO, Prabhat Singh told PTI that, the company have proposed to construct a 5 MT p.a. capacity Liquefied Natural Gas (LNG) import terminal at Kutubdia islands off Cox's Bazar. Technical Outlook: On daily chart, stock has been trading in a higher top higher bottom formation since last many days and it seems that stock could further likely to continue with its ongoing move. Moreover, stock has been continuously trading with its strong support of 50 day moving average which is placed at 277.40 level, which shows that short term trend is up. A momentum indicator RSI reading is at 63.81 level with positive crossover, which point out for positive breath in the stock. So for trading perspective, one could Buy in the range of 293-295 for Target of 301 with SL of 290. Indian bourses likely open up tracking positive cues from other Asian and US markets. The SGX Nifty, at the time of publishing, was up 40 points at 8339. Asian markets opened modestly higher on Thursday, likely taking cues from a stronger finish in the US, helped by rising oil prices and the release of dovish Fed Reserve minutes. Australia's ASX 200 was up 0.58 percent, boosted by gains in the energy, materials and the heavily-weighted financials sub-indexes. In Japan, the Nikkei 225 was near flat at 15,374.37, while across the Korean Strait, the Kospi was up by 1 percent. Major US indexes finished higher. The Dow Jones industrial average closed up 78 points, or 0.44 percent, at 17,918.62, the S&P 500 closed up 11.18 points, or 0.54 percent, at 2,099.73, and the Nasdaq composite was up 36.26 points, or 0.75 percent, at 4,859.16. US stocks rose on Wednesday as the Federal Reserve was seen refraining from raising US interest rates soon, even as economic data showed the world's largest economy regained speed in the second quarter. The minutes for the June 14-15 meeting of the US central bank, which took place before Britons voted to leave the European Union, showed widespread unease over the "Brexit" vote, as well as a severe slowdown in hiring by US employers. Fed policymakers also said rate hikes should stay on hold until they have a handle on the consequences of Brexit. Since the vote, stocks have been volatile on Wall Street, while investors have driven up safe-haven assets such as gold and yields on long-term US debt have fallen to record lows.
  • 2. SEBI Certified – Research Analyst www.choiceindia.com Bulk Deal SEBI Certified – Research Analyst www.choiceindia.com Morning Tea 07th July 2016 Security in Ban SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price 1 5/7/2016 539404 SATIN DANISH MICROFINANCE PARTNERS K/S S 1395214 455.33 2 5/7/2016 532706 INOXLEISUR MACQUARIE FUND SOLUTIONS MACQUARIE AS S 605595 244.01 3 5/7/2016 531909 SWAGRUHA ANIL AGGARWAL S 352700 2.51 4 5/7/2016 506016 JRIIIL VINEET SINHA B 291693 7.84 5 5/7/2016 534707 ANSHUS PRADEEP NARENDRA BHATT S 285206 4.56 6 5/7/2016 539404 SATIN DSP BLACKROCK EQUITY FUND B 262000 455.00 7 5/7/2016 532770 HANUNG DHARA BHARATBHAI PATEL S 211450 6.92 8 5/7/2016 539404 SATIN BLACKROCK INDIA EQUITIS MAURITIUS LTD B 202000 455.00 9 5/7/2016 506016 JRIIIL ABHILASHA SHOPPERS PRIVATE LIMITED S 200060 7.78 10 5/7/2016 539786 DUNE SUNIL GARG B 200000 23.21 Corporate Action: Bank of India; Annual General Meeting Swaraj Engines Limited; Final Dividend - Rs 15/- And Special Dividend - Rs. 18/- Intellect Design Arena Limited; Annual General Meeting Axis Bank Limited; Annual General Meeting/ Dividend-Rs 5/- Per Share Result Calendar: MANORG, PALRED & ZEELEARN Corporate Action / Result Calendar JPASSOCIAT
  • 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 07th July 2016 SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website Kapil Shah Digitally signed by Kapil Shah DN: cn=Kapil Shah, o=Choice Equity Pvt Ltd, ou=Research Team, email=kapil.shah@choiceindia.com, c=US Date: 2016.07.07 08:53:35 +05'30'