SlideShare a Scribd company logo
1 of 3
Download to read offline
SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
PharmagiantCadilaHealthcareLtdonFridaysaidthatithascompletedtheacquisitionoftwoANDAsfromTevathroughits100percentsubsidiary,
Zydus Worldwide DMCC. On June 20, 2016, the company had announced the acquisition of two ANDAs from Teva that were being divested by
Teva as a pre-condition to its acquisition of Allergan's generic business. The acquisition of these ANDAs was contingent on the closing of the Teva-
Allergan Generics transaction and approval by the US Federal Trade Commission. Ina filing to the Bombay Stock Exchange, Cadila Healthcare said,
“ThetransactionhasnowbeencompletedandtheseANDAshavebeenacquiredbyits100percentsubsidiary,ZydusWorldwideDMCC.”
Technical Outlook: On daily chart, stock has formed long leg of lower shadow candlestick which is a continuation pattern of current
trend.Moreover,stockhasbeentradingaboveits21daymovingaveragewhichisplacedat364.60levelwhichshowsthatneartermtrend
is up. A momentum indicator RSI reading is at 62.30 level with positive crossover, which point out for positive breath in the stock. So for
tradingperspective,onecouldBuyinrangeof374-376forTargetof384withSLof370.20
CADILAHC
TATACHEM
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
08th Aug 2016
Buy in range of 474-476 for Target of 486 with SL of 469.30
Buy in range of 374-376 for Target of 384 with SL of 370.20
Tata Chemicals Ltd has reported 32.3 per cent jump in its consolidated net profit at Rs 279.65 crore for the first quarter ended June 30, 2016. The
company had registered a net profit of Rs 211.31 crore in the corresponding quarter last fiscal, the company said in a filing to the Bombay Stock
Exchange. Commenting on the development, R. Mukundan, Managing Director, Tata Chemicals Ltd, said, “ The quarter under review witnessed
strong performance of the Chemicals and Consumer business in India. Our continued focus on improving operational performance has ensured
betterperformanceacrossgeographies,alongwithstrongperformanceoftheIndianchemicalsbusiness.ThistookthenetprofittoRs.206Crona
consolidated basis. However, we remain watchful of the volatility in the markets. Stand - alone net profit was at Rs. 203 Cr , up 21 per cent due to
betterperformanceandmarginsintheIndianbusiness.”
Technical Outlook: On daily chart, stock has formed strong bull candlestick with above average volume, which shows that accentuated
buying activity during last trading session. Moreover, stock has taken support of its 21 day moving average and gave good bounce back,
which shows that near term trend is up. A momentum indicator RSI reading is at 63.55 level with positive crossover, which point out for
positivebreathinthestock.Sofortradingperspective,onecouldBuyinrangeof474-476forTargetof486withSLof469.30.
Asian shares rose on Monday and the dollar stood tall after a stronger-than-expected July jobs report lifted confidence in the strength of
the US economy - heightening expectations that the US Federal Reserve could hike interest rates this year. MSCI's broadest index of Asia-
Pacific shares outside Japan rose 0.2 percent in early trading, after gaining 0.7 percent last week. US shares logged solid gains on Friday,
with both the S&P 500 and the Nasdaq Composite closing at record highs. Japan's Nikkei stock index, which skidded 1.9 percent last week
in the face of a strengthening yen, was 1.6 percent higher in early trade. The SGX Nifty suggests a gap up opening for our markets as it is
tradingat8754,Upby51points.
USstocksnotchedtheirbestdayinamonthonFriday,withtheS&P500andNasdaqclosingatrecordhighsafterasecondstraightmonthofrobust
labormarketdataboostedoptimismthateconomicgrowthisaccelerating.TheUSLaborDepartmentreportshowedthatnonfarmpayrollsroseby
255,000 in July,faroutpacing expectations for again of 180,000. While the unemployment rate remainedunchangedat 4.9 percent, it held below
the 5 percent mark associated with full employment. The Dow Jones industrial average rose 191.21 points, or 1.04 percent, to 18,543.26, the S&P
500gained18.57points,or0.86percent,to2,182.82 andtheNasdaqCompositeadded54.87 points,or1.06percent,to5,221.12.
SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
08th Aug 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
AdvaniHotels&Resorts(India)Limited;Dividend-Re0.20PerShare
NCCLimited;Dividend-Re0.60/-PerShare
SintexIndustriesLimited;Dividend-Re0.70/-PerShare/Right26:151
HexawareTechnologiesLimited;Dividend-Re1/-PerShare
TataGlobalBeveragesLimited;AnnualGeneralMeeting/DividendRs2.25PerShare
AutomotiveAxlesLimited;Dividend-Rs5.50/-PerShare
DhanukaAgritechLimited;AnnualGeneralMeeting
Result Calendar:
20MICRONS, ADINATHBI, ANJANIFIN, ARFIN, ASHIKACR, ASIANHOTNR, BANSWRAS, BAYERCROP, BENTCOM,
BLACKROSE, BRITANNIA, CAREERP, CINERAD, COLPAL, CRANEINFRA, CROWNTOURS, DARJEELING, DFL, DION,
DOLPHINOFF, ELEMARB, FERROALL, FLFL, FLORENCE, FORTUNEF, GALLANTT, GALLISPAT, GLOBOFFS,
GOODRICKE, GRANDFONRY, GRPLTD, GUJBOROS, HALDER, HARITASEAT, HBSTOCK, HEROMOTOCO, HINDWRS,
IDEA, INDOBORAX, INDOSOLAR, INDOTHAI, INOXLEISUR, IOLCP, IVC, JAMESWARREN, JDORGOCHEM, JPTSEC,
KANCHI, KCP, KLGCAP, KOTHARIFIN, LAKSELEC, LLORF, LUMAXIND, MADHUDIN, MAITHANALL, MAJESAUT,
MANGIND, MAVENSBIO, MAXINDIA, MCLEODRUSS, MEDINOV, MFSL, MINDAFIN, MODI, MODINATUR,
MONNETIN, MONNETPRO, MRO-TEK, MUKANDENGG, MUKANDLTD, NAVNETEDUL, NITINFIRE, OSCARGLO,
OSWALEA, OUDHSUG, PINEANIM, PNTKYOR, POLARIS, POLYLINK, POLYMED, PRECISIO, PRECISION, PREMCAP,
PTL, RAAJMEDI, RADHEY, RAMRAT, REDEXPR, ROLCOEN, SAGL, SANCTRN, SAVFI, SCC, SCHNEIDER, SETCO,
SHAKTIGAS, SHARP, SHERVANI, SHYMINV, SKIPPER, SOFCOM, SONAL, SONATSOFTW, SPHEREGSL, SRF,
STERTOOLS, SUBROS, SUDTIND-B, SUNDARAM, SURYAKR, SURYALA, TAMJAIM, TASTYBIT, TECHNOFAB,
TRIMURTHI, ULTRAMAR, UPERGANGES, USHAMART, VADILALIND, VADILENT, VEGETABLE, VESUVIUS,
VGPRFOO, VIKASECO, VIRATCRA, VKAL, WESTLEIRES, YASHMGM, YASHRAJC, ZENTEC, ZKHANDEN, ZSHERAPR,
ZSPEEDCO.
Corporate Action / Result Calendar
Bulk Deal
Security in Ban
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 5/8/2016 531508 EVEREADY GOLDMAN SACHS INDIA FUND LTD S 1627104 240.05
2 5/8/2016 523236 SHRENUJ BRIDGE INDIA FUND S 1350000 2.64
3 5/8/2016 531508 EVEREADY NOMURA INDIA INVESTMENT FUND MOTHER F B 900000 240.00
4 5/8/2016 532310 SHREERAMA RAJYOG SHARE AND STOK BROKERS LTD S 673000 8.55
5 5/8/2016 538365 ADHUNIKIND GYANESHWAR CONSULTANTS LIMITED LIABILIT S 550000 136.00
6 5/8/2016 538365 ADHUNIKIND AVANTIKA ADVISORY SERVICES LLP B 550000 136.00
7 5/8/2016 533208 EMAMIPAP PLACID LIMITED S 400000 71.53
8 5/8/2016 506615 SUNASIAN ROYAL REALTORS S 264290 4.63
9 5/8/2016 522209 YOGISUNG RT SUPER TECHNOLOGIES PRIVATE LIMITED S 210060 2.35
10 5/8/2016 523844 INVICTA RT SUPER TECHNOLOGIES PRIVATE LIMITED S 145342 3.75
JINDALSTEL
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 Sr. Research Associate
Amit Pathania Research Associate
Vikas Chaudhari Research Associate
Kapil Shah Research Associate
Rajnath Yadav Research Associate
Satish Kumar Research Associate
Morning Tea
08th Aug 2016
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: 2016.08.08 08:29:48 +05'30'

More Related Content

What's hot

Morning tea 19 07-2016
Morning tea 19 07-2016Morning tea 19 07-2016
Morning tea 19 07-2016Choice Equity
 
Morning tea 01 09-2016
Morning tea 01 09-2016Morning tea 01 09-2016
Morning tea 01 09-2016Choice Equity
 
Morning tea 29 08-2016
Morning tea 29 08-2016Morning tea 29 08-2016
Morning tea 29 08-2016Choice Equity
 
Morning tea 03 06-2016
Morning tea 03 06-2016Morning tea 03 06-2016
Morning tea 03 06-2016Choice Equity
 
Morning tea 16 09-2016
Morning tea 16 09-2016Morning tea 16 09-2016
Morning tea 16 09-2016Choice Equity
 
Morning tea 18 07-2016
Morning tea 18 07-2016Morning tea 18 07-2016
Morning tea 18 07-2016Choice Equity
 
Morning tea 11 07-2016
Morning tea 11 07-2016Morning tea 11 07-2016
Morning tea 11 07-2016Choice Equity
 
Morning tea 20 09-2016
Morning tea 20 09-2016Morning tea 20 09-2016
Morning tea 20 09-2016Choice Equity
 
Morning tea 17 11-2016
Morning tea 17 11-2016Morning tea 17 11-2016
Morning tea 17 11-2016Choice Equity
 
Morning tea 02 08-2016
Morning tea 02 08-2016Morning tea 02 08-2016
Morning tea 02 08-2016Choice Equity
 
Morning Tea : ‪ONGC‬, CANBK‬
 Morning Tea : ‪ONGC‬, CANBK‬ Morning Tea : ‪ONGC‬, CANBK‬
Morning Tea : ‪ONGC‬, CANBK‬choice broking
 
Morning tea 19 10-2016
Morning tea 19 10-2016Morning tea 19 10-2016
Morning tea 19 10-2016Choice Equity
 
Morning tea 17 06-2016
Morning tea 17 06-2016Morning tea 17 06-2016
Morning tea 17 06-2016Choice Equity
 
Morning Tea: ‪‎RajeshExpo‬, Cipla‬
 Morning Tea: ‪‎RajeshExpo‬, Cipla‬ Morning Tea: ‪‎RajeshExpo‬, Cipla‬
Morning Tea: ‪‎RajeshExpo‬, Cipla‬choice broking
 

What's hot (20)

Morning tea 19 07-2016
Morning tea 19 07-2016Morning tea 19 07-2016
Morning tea 19 07-2016
 
Choice - Morning Tea
Choice - Morning TeaChoice - Morning Tea
Choice - Morning Tea
 
Choice - Morning Tea
Choice - Morning TeaChoice - Morning Tea
Choice - Morning Tea
 
Morning tea 01 09-2016
Morning tea 01 09-2016Morning tea 01 09-2016
Morning tea 01 09-2016
 
Choice - Morning Tea
Choice - Morning TeaChoice - Morning Tea
Choice - Morning Tea
 
Morning tea 29 08-2016
Morning tea 29 08-2016Morning tea 29 08-2016
Morning tea 29 08-2016
 
Morning tea 03 06-2016
Morning tea 03 06-2016Morning tea 03 06-2016
Morning tea 03 06-2016
 
Morning tea 16 09-2016
Morning tea 16 09-2016Morning tea 16 09-2016
Morning tea 16 09-2016
 
Morning tea 18 07-2016
Morning tea 18 07-2016Morning tea 18 07-2016
Morning tea 18 07-2016
 
Morning tea 11 07-2016
Morning tea 11 07-2016Morning tea 11 07-2016
Morning tea 11 07-2016
 
Morning tea 20 09-2016
Morning tea 20 09-2016Morning tea 20 09-2016
Morning tea 20 09-2016
 
Morning tea 17 11-2016
Morning tea 17 11-2016Morning tea 17 11-2016
Morning tea 17 11-2016
 
Morning tea 02 08-2016
Morning tea 02 08-2016Morning tea 02 08-2016
Morning tea 02 08-2016
 
Choice - Morning Tea
Choice - Morning TeaChoice - Morning Tea
Choice - Morning Tea
 
Morning Tea : ‪ONGC‬, CANBK‬
 Morning Tea : ‪ONGC‬, CANBK‬ Morning Tea : ‪ONGC‬, CANBK‬
Morning Tea : ‪ONGC‬, CANBK‬
 
Choice - Morning Tea
Choice - Morning TeaChoice - Morning Tea
Choice - Morning Tea
 
Morning tea 19 10-2016
Morning tea 19 10-2016Morning tea 19 10-2016
Morning tea 19 10-2016
 
Morning Tea
Morning TeaMorning Tea
Morning Tea
 
Morning tea 17 06-2016
Morning tea 17 06-2016Morning tea 17 06-2016
Morning tea 17 06-2016
 
Morning Tea: ‪‎RajeshExpo‬, Cipla‬
 Morning Tea: ‪‎RajeshExpo‬, Cipla‬ Morning Tea: ‪‎RajeshExpo‬, Cipla‬
Morning Tea: ‪‎RajeshExpo‬, Cipla‬
 

Viewers also liked

Morning Tea 01-09-2015
Morning Tea 01-09-2015Morning Tea 01-09-2015
Morning Tea 01-09-2015choice broking
 
Morning Tea: IOC, Relcap
 Morning Tea: IOC, Relcap Morning Tea: IOC, Relcap
Morning Tea: IOC, Relcapchoice broking
 
‬ Morning Tea: ‪CROMPGREAV, ‎ONGC
‬ Morning Tea: ‪CROMPGREAV, ‎ONGC‬ Morning Tea: ‪CROMPGREAV, ‎ONGC
‬ Morning Tea: ‪CROMPGREAV, ‎ONGCchoice broking
 
Morning tea 24 -11-2015
Morning tea 24 -11-2015Morning tea 24 -11-2015
Morning tea 24 -11-2015choice broking
 
Morning tea 21-10-2015
Morning tea 21-10-2015Morning tea 21-10-2015
Morning tea 21-10-2015choice broking
 
Economic Outlook- Nov'15
Economic Outlook- Nov'15Economic Outlook- Nov'15
Economic Outlook- Nov'15choice broking
 
Currency high lights 08.08.16
Currency high lights 08.08.16Currency high lights 08.08.16
Currency high lights 08.08.16choice broking
 
Equity bazaar 09.08.2016
Equity bazaar 09.08.2016Equity bazaar 09.08.2016
Equity bazaar 09.08.2016choice broking
 
Choice-Morning Tea17-11-2015
Choice-Morning Tea17-11-2015Choice-Morning Tea17-11-2015
Choice-Morning Tea17-11-2015choice broking
 

Viewers also liked (15)

Choice - Morning Tea
Choice - Morning TeaChoice - Morning Tea
Choice - Morning Tea
 
Morning Tea
Morning TeaMorning Tea
Morning Tea
 
Aaj ka trend 04.05.16
Aaj ka trend 04.05.16Aaj ka trend 04.05.16
Aaj ka trend 04.05.16
 
Morning Tea 01-09-2015
Morning Tea 01-09-2015Morning Tea 01-09-2015
Morning Tea 01-09-2015
 
Morning Tea: IOC, Relcap
 Morning Tea: IOC, Relcap Morning Tea: IOC, Relcap
Morning Tea: IOC, Relcap
 
Choice - Morning Tea
Choice - Morning TeaChoice - Morning Tea
Choice - Morning Tea
 
‬ Morning Tea
‬ Morning Tea‬ Morning Tea
‬ Morning Tea
 
‬ Morning Tea: ‪CROMPGREAV, ‎ONGC
‬ Morning Tea: ‪CROMPGREAV, ‎ONGC‬ Morning Tea: ‪CROMPGREAV, ‎ONGC
‬ Morning Tea: ‪CROMPGREAV, ‎ONGC
 
Morning tea 24 -11-2015
Morning tea 24 -11-2015Morning tea 24 -11-2015
Morning tea 24 -11-2015
 
Morning tea 21-10-2015
Morning tea 21-10-2015Morning tea 21-10-2015
Morning tea 21-10-2015
 
Economic Outlook- Nov'15
Economic Outlook- Nov'15Economic Outlook- Nov'15
Economic Outlook- Nov'15
 
Currency high lights 08.08.16
Currency high lights 08.08.16Currency high lights 08.08.16
Currency high lights 08.08.16
 
Morning Tea
Morning TeaMorning Tea
Morning Tea
 
Equity bazaar 09.08.2016
Equity bazaar 09.08.2016Equity bazaar 09.08.2016
Equity bazaar 09.08.2016
 
Choice-Morning Tea17-11-2015
Choice-Morning Tea17-11-2015Choice-Morning Tea17-11-2015
Choice-Morning Tea17-11-2015
 

Similar to Morning tea 08 08-2016

Morning tea 05 08-2016
Morning tea 05 08-2016Morning tea 05 08-2016
Morning tea 05 08-2016Choice Equity
 
Morning tea 25 07-2016
Morning tea 25 07-2016Morning tea 25 07-2016
Morning tea 25 07-2016Choice Equity
 
Choice-Morning tea 18-11-2015
Choice-Morning tea 18-11-2015Choice-Morning tea 18-11-2015
Choice-Morning tea 18-11-2015choice broking
 
Morning tea 22 08-2016
Morning tea 22 08-2016Morning tea 22 08-2016
Morning tea 22 08-2016Choice Equity
 
Morning tea 26 05-2016
Morning tea 26 05-2016Morning tea 26 05-2016
Morning tea 26 05-2016Choice Equity
 
Morning tea 13 10-2016
Morning tea 13 10-2016Morning tea 13 10-2016
Morning tea 13 10-2016Choice Equity
 
Choice-Morning Tea 20 -11-2015
Choice-Morning Tea 20 -11-2015Choice-Morning Tea 20 -11-2015
Choice-Morning Tea 20 -11-2015choice broking
 
Morning Tea: ‪ABAN, ‎CADILAHC‬
Morning Tea: ‪ABAN, ‎CADILAHC‬Morning Tea: ‪ABAN, ‎CADILAHC‬
Morning Tea: ‪ABAN, ‎CADILAHC‬choice broking
 
Morning tea 22 02-2017
Morning tea 22 02-2017Morning tea 22 02-2017
Morning tea 22 02-2017choice broking
 
Morning tea 06 10-2016
Morning tea 06 10-2016Morning tea 06 10-2016
Morning tea 06 10-2016Choice Equity
 
Morning tea 18 10-2016
Morning tea 18 10-2016Morning tea 18 10-2016
Morning tea 18 10-2016Choice Equity
 
Morning tea 20 10-2016
Morning tea 20 10-2016Morning tea 20 10-2016
Morning tea 20 10-2016Choice Equity
 
Choice - Morning Tea
Choice - Morning TeaChoice - Morning Tea
Choice - Morning TeaChoice Equity
 
Morning tea 25 08-2016
Morning tea 25 08-2016Morning tea 25 08-2016
Morning tea 25 08-2016Choice Equity
 
Morning tea 23 09-2016
Morning tea 23 09-2016Morning tea 23 09-2016
Morning tea 23 09-2016Choice Equity
 

Similar to Morning tea 08 08-2016 (18)

Morning tea 05 08-2016
Morning tea 05 08-2016Morning tea 05 08-2016
Morning tea 05 08-2016
 
Choice - Morning Tea
Choice - Morning TeaChoice - Morning Tea
Choice - Morning Tea
 
Morning tea 25 07-2016
Morning tea 25 07-2016Morning tea 25 07-2016
Morning tea 25 07-2016
 
Choice-Morning tea 18-11-2015
Choice-Morning tea 18-11-2015Choice-Morning tea 18-11-2015
Choice-Morning tea 18-11-2015
 
Morning tea 22 08-2016
Morning tea 22 08-2016Morning tea 22 08-2016
Morning tea 22 08-2016
 
Choice - Morning Tea
Choice - Morning TeaChoice - Morning Tea
Choice - Morning Tea
 
Morning tea 26 05-2016
Morning tea 26 05-2016Morning tea 26 05-2016
Morning tea 26 05-2016
 
Morning tea 13 10-2016
Morning tea 13 10-2016Morning tea 13 10-2016
Morning tea 13 10-2016
 
Choice - Morning Tea
Choice - Morning TeaChoice - Morning Tea
Choice - Morning Tea
 
Choice-Morning Tea 20 -11-2015
Choice-Morning Tea 20 -11-2015Choice-Morning Tea 20 -11-2015
Choice-Morning Tea 20 -11-2015
 
Morning Tea: ‪ABAN, ‎CADILAHC‬
Morning Tea: ‪ABAN, ‎CADILAHC‬Morning Tea: ‪ABAN, ‎CADILAHC‬
Morning Tea: ‪ABAN, ‎CADILAHC‬
 
Morning tea 22 02-2017
Morning tea 22 02-2017Morning tea 22 02-2017
Morning tea 22 02-2017
 
Morning tea 06 10-2016
Morning tea 06 10-2016Morning tea 06 10-2016
Morning tea 06 10-2016
 
Morning tea 18 10-2016
Morning tea 18 10-2016Morning tea 18 10-2016
Morning tea 18 10-2016
 
Morning tea 20 10-2016
Morning tea 20 10-2016Morning tea 20 10-2016
Morning tea 20 10-2016
 
Choice - Morning Tea
Choice - Morning TeaChoice - Morning Tea
Choice - Morning Tea
 
Morning tea 25 08-2016
Morning tea 25 08-2016Morning tea 25 08-2016
Morning tea 25 08-2016
 
Morning tea 23 09-2016
Morning tea 23 09-2016Morning tea 23 09-2016
Morning tea 23 09-2016
 

Recently uploaded

VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...dipikadinghjn ( Why You Choose Us? ) Escorts
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...Call Girls in Nagpur High Profile
 
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Availabledollysharma2066
 
Top Rated Pune Call Girls Aundh ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
Top Rated  Pune Call Girls Aundh ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...Top Rated  Pune Call Girls Aundh ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
Top Rated Pune Call Girls Aundh ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...Call Girls in Nagpur High Profile
 
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...dipikadinghjn ( Why You Choose Us? ) Escorts
 
Top Rated Pune Call Girls Pashan ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...
Top Rated  Pune Call Girls Pashan ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...Top Rated  Pune Call Girls Pashan ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...
Top Rated Pune Call Girls Pashan ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...Call Girls in Nagpur High Profile
 
Indore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdfIndore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdfSaviRakhecha1
 
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...dipikadinghjn ( Why You Choose Us? ) Escorts
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...Call Girls in Nagpur High Profile
 
Top Rated Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
Top Rated  Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...Top Rated  Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
Top Rated Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...Call Girls in Nagpur High Profile
 
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...dipikadinghjn ( Why You Choose Us? ) Escorts
 
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...priyasharma62062
 
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...priyasharma62062
 
Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...roshnidevijkn ( Why You Choose Us? ) Escorts
 
Top Rated Pune Call Girls Shikrapur ⟟ 6297143586 ⟟ Call Me For Genuine Sex S...
Top Rated  Pune Call Girls Shikrapur ⟟ 6297143586 ⟟ Call Me For Genuine Sex S...Top Rated  Pune Call Girls Shikrapur ⟟ 6297143586 ⟟ Call Me For Genuine Sex S...
Top Rated Pune Call Girls Shikrapur ⟟ 6297143586 ⟟ Call Me For Genuine Sex S...Call Girls in Nagpur High Profile
 
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...dipikadinghjn ( Why You Choose Us? ) Escorts
 

Recently uploaded (20)

VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...
 
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
 
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
 
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
 
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
 
Top Rated Pune Call Girls Aundh ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
Top Rated  Pune Call Girls Aundh ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...Top Rated  Pune Call Girls Aundh ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
Top Rated Pune Call Girls Aundh ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
 
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
 
Top Rated Pune Call Girls Pashan ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...
Top Rated  Pune Call Girls Pashan ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...Top Rated  Pune Call Girls Pashan ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...
Top Rated Pune Call Girls Pashan ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...
 
Indore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdfIndore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdf
 
(INDIRA) Call Girl Srinagar Call Now 8617697112 Srinagar Escorts 24x7
(INDIRA) Call Girl Srinagar Call Now 8617697112 Srinagar Escorts 24x7(INDIRA) Call Girl Srinagar Call Now 8617697112 Srinagar Escorts 24x7
(INDIRA) Call Girl Srinagar Call Now 8617697112 Srinagar Escorts 24x7
 
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
 
Top Rated Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
Top Rated  Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...Top Rated  Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
Top Rated Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
 
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
 
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
 
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
 
Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
 
Top Rated Pune Call Girls Shikrapur ⟟ 6297143586 ⟟ Call Me For Genuine Sex S...
Top Rated  Pune Call Girls Shikrapur ⟟ 6297143586 ⟟ Call Me For Genuine Sex S...Top Rated  Pune Call Girls Shikrapur ⟟ 6297143586 ⟟ Call Me For Genuine Sex S...
Top Rated Pune Call Girls Shikrapur ⟟ 6297143586 ⟟ Call Me For Genuine Sex S...
 
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
 

Morning tea 08 08-2016

  • 1. SEBI Certified – Research Analyst www.choiceindia.com Global View India Update Today’s Event/ Stock in News PharmagiantCadilaHealthcareLtdonFridaysaidthatithascompletedtheacquisitionoftwoANDAsfromTevathroughits100percentsubsidiary, Zydus Worldwide DMCC. On June 20, 2016, the company had announced the acquisition of two ANDAs from Teva that were being divested by Teva as a pre-condition to its acquisition of Allergan's generic business. The acquisition of these ANDAs was contingent on the closing of the Teva- Allergan Generics transaction and approval by the US Federal Trade Commission. Ina filing to the Bombay Stock Exchange, Cadila Healthcare said, “ThetransactionhasnowbeencompletedandtheseANDAshavebeenacquiredbyits100percentsubsidiary,ZydusWorldwideDMCC.” Technical Outlook: On daily chart, stock has formed long leg of lower shadow candlestick which is a continuation pattern of current trend.Moreover,stockhasbeentradingaboveits21daymovingaveragewhichisplacedat364.60levelwhichshowsthatneartermtrend is up. A momentum indicator RSI reading is at 62.30 level with positive crossover, which point out for positive breath in the stock. So for tradingperspective,onecouldBuyinrangeof374-376forTargetof384withSLof370.20 CADILAHC TATACHEM SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website Morning Tea 08th Aug 2016 Buy in range of 474-476 for Target of 486 with SL of 469.30 Buy in range of 374-376 for Target of 384 with SL of 370.20 Tata Chemicals Ltd has reported 32.3 per cent jump in its consolidated net profit at Rs 279.65 crore for the first quarter ended June 30, 2016. The company had registered a net profit of Rs 211.31 crore in the corresponding quarter last fiscal, the company said in a filing to the Bombay Stock Exchange. Commenting on the development, R. Mukundan, Managing Director, Tata Chemicals Ltd, said, “ The quarter under review witnessed strong performance of the Chemicals and Consumer business in India. Our continued focus on improving operational performance has ensured betterperformanceacrossgeographies,alongwithstrongperformanceoftheIndianchemicalsbusiness.ThistookthenetprofittoRs.206Crona consolidated basis. However, we remain watchful of the volatility in the markets. Stand - alone net profit was at Rs. 203 Cr , up 21 per cent due to betterperformanceandmarginsintheIndianbusiness.” Technical Outlook: On daily chart, stock has formed strong bull candlestick with above average volume, which shows that accentuated buying activity during last trading session. Moreover, stock has taken support of its 21 day moving average and gave good bounce back, which shows that near term trend is up. A momentum indicator RSI reading is at 63.55 level with positive crossover, which point out for positivebreathinthestock.Sofortradingperspective,onecouldBuyinrangeof474-476forTargetof486withSLof469.30. Asian shares rose on Monday and the dollar stood tall after a stronger-than-expected July jobs report lifted confidence in the strength of the US economy - heightening expectations that the US Federal Reserve could hike interest rates this year. MSCI's broadest index of Asia- Pacific shares outside Japan rose 0.2 percent in early trading, after gaining 0.7 percent last week. US shares logged solid gains on Friday, with both the S&P 500 and the Nasdaq Composite closing at record highs. Japan's Nikkei stock index, which skidded 1.9 percent last week in the face of a strengthening yen, was 1.6 percent higher in early trade. The SGX Nifty suggests a gap up opening for our markets as it is tradingat8754,Upby51points. USstocksnotchedtheirbestdayinamonthonFriday,withtheS&P500andNasdaqclosingatrecordhighsafterasecondstraightmonthofrobust labormarketdataboostedoptimismthateconomicgrowthisaccelerating.TheUSLaborDepartmentreportshowedthatnonfarmpayrollsroseby 255,000 in July,faroutpacing expectations for again of 180,000. While the unemployment rate remainedunchangedat 4.9 percent, it held below the 5 percent mark associated with full employment. The Dow Jones industrial average rose 191.21 points, or 1.04 percent, to 18,543.26, the S&P 500gained18.57points,or0.86percent,to2,182.82 andtheNasdaqCompositeadded54.87 points,or1.06percent,to5,221.12.
  • 2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com Morning Tea 08th Aug 2016 SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website AdvaniHotels&Resorts(India)Limited;Dividend-Re0.20PerShare NCCLimited;Dividend-Re0.60/-PerShare SintexIndustriesLimited;Dividend-Re0.70/-PerShare/Right26:151 HexawareTechnologiesLimited;Dividend-Re1/-PerShare TataGlobalBeveragesLimited;AnnualGeneralMeeting/DividendRs2.25PerShare AutomotiveAxlesLimited;Dividend-Rs5.50/-PerShare DhanukaAgritechLimited;AnnualGeneralMeeting Result Calendar: 20MICRONS, ADINATHBI, ANJANIFIN, ARFIN, ASHIKACR, ASIANHOTNR, BANSWRAS, BAYERCROP, BENTCOM, BLACKROSE, BRITANNIA, CAREERP, CINERAD, COLPAL, CRANEINFRA, CROWNTOURS, DARJEELING, DFL, DION, DOLPHINOFF, ELEMARB, FERROALL, FLFL, FLORENCE, FORTUNEF, GALLANTT, GALLISPAT, GLOBOFFS, GOODRICKE, GRANDFONRY, GRPLTD, GUJBOROS, HALDER, HARITASEAT, HBSTOCK, HEROMOTOCO, HINDWRS, IDEA, INDOBORAX, INDOSOLAR, INDOTHAI, INOXLEISUR, IOLCP, IVC, JAMESWARREN, JDORGOCHEM, JPTSEC, KANCHI, KCP, KLGCAP, KOTHARIFIN, LAKSELEC, LLORF, LUMAXIND, MADHUDIN, MAITHANALL, MAJESAUT, MANGIND, MAVENSBIO, MAXINDIA, MCLEODRUSS, MEDINOV, MFSL, MINDAFIN, MODI, MODINATUR, MONNETIN, MONNETPRO, MRO-TEK, MUKANDENGG, MUKANDLTD, NAVNETEDUL, NITINFIRE, OSCARGLO, OSWALEA, OUDHSUG, PINEANIM, PNTKYOR, POLARIS, POLYLINK, POLYMED, PRECISIO, PRECISION, PREMCAP, PTL, RAAJMEDI, RADHEY, RAMRAT, REDEXPR, ROLCOEN, SAGL, SANCTRN, SAVFI, SCC, SCHNEIDER, SETCO, SHAKTIGAS, SHARP, SHERVANI, SHYMINV, SKIPPER, SOFCOM, SONAL, SONATSOFTW, SPHEREGSL, SRF, STERTOOLS, SUBROS, SUDTIND-B, SUNDARAM, SURYAKR, SURYALA, TAMJAIM, TASTYBIT, TECHNOFAB, TRIMURTHI, ULTRAMAR, UPERGANGES, USHAMART, VADILALIND, VADILENT, VEGETABLE, VESUVIUS, VGPRFOO, VIKASECO, VIRATCRA, VKAL, WESTLEIRES, YASHMGM, YASHRAJC, ZENTEC, ZKHANDEN, ZSHERAPR, ZSPEEDCO. Corporate Action / Result Calendar Bulk Deal Security in Ban Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price 1 5/8/2016 531508 EVEREADY GOLDMAN SACHS INDIA FUND LTD S 1627104 240.05 2 5/8/2016 523236 SHRENUJ BRIDGE INDIA FUND S 1350000 2.64 3 5/8/2016 531508 EVEREADY NOMURA INDIA INVESTMENT FUND MOTHER F B 900000 240.00 4 5/8/2016 532310 SHREERAMA RAJYOG SHARE AND STOK BROKERS LTD S 673000 8.55 5 5/8/2016 538365 ADHUNIKIND GYANESHWAR CONSULTANTS LIMITED LIABILIT S 550000 136.00 6 5/8/2016 538365 ADHUNIKIND AVANTIKA ADVISORY SERVICES LLP B 550000 136.00 7 5/8/2016 533208 EMAMIPAP PLACID LIMITED S 400000 71.53 8 5/8/2016 506615 SUNASIAN ROYAL REALTORS S 264290 4.63 9 5/8/2016 522209 YOGISUNG RT SUPER TECHNOLOGIES PRIVATE LIMITED S 210060 2.35 10 5/8/2016 523844 INVICTA RT SUPER TECHNOLOGIES PRIVATE LIMITED S 145342 3.75 JINDALSTEL
  • 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 Sr. Research Associate Amit Pathania Research Associate Vikas Chaudhari Research Associate Kapil Shah Research Associate Rajnath Yadav Research Associate Satish Kumar Research Associate Morning Tea 08th Aug 2016 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: 2016.08.08 08:29:48 +05'30'