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SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Tobeat competition from its ownpeers andprivate players,state-runHindustanPetroleum Corp. Ltd (HPCL) has decided toexperiment with
dynamicfuel pricingat its fuel retail outlets,saidtwoseniorHPCL officials,onthe conditionofanonymity. Dynamicor real-time pricingmeans
the cost of a product could be flexible. If HPCL kicks off dynamic pricing, it could well be a market changing phenomena where other fuel
retailersmayhavetofollowsuit.Dynamicfuelpricingisacommonphenomenainternationally.
Technical Outlook: On hourly chart, stock has been trading in a higher top higher bottom formation since last many days, which
indicatesthatstockcouldfurtheraccelerateitsupside movementalongwithformation.Moreover,stockhasbeentradingabove its21day
moving averagewhich is placedat 1217 level,which shows thatnear term trend is up. A momentum indicator RSIreading is at 60.55 level
withpositive crossover,whichpointoutforpositivebreathinthestock.Sofor tradingperspective,one couldBuyinrangeof1244-1250for
Targetof1275withSLof1231.
HPCL
MOTHERSUMI
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
08th Sep 2016
Buy in range of 335-337 for Target of 345 with SL of 331
Buy in range of 1244-1250 for Target of 1275 with SL of 1231
Motherson Sumi Systems Ltd has informed BSE that MSSL Manufacturing Hungary Kft., a subsidiary of MSSL GmbH (which is a subsidiary of
Motherson Sumi Systems Limited) is acquiring the Automotive Business Unit of Abraham es Tarsa Kft. (Abraham and Co. Ltd) located in
Turkeve,Hungary onagoingconcern basis andwouldalsogive onlease part ofacquiredassets toSMRHungary.Withthis transaction,which
is expected to be completed in October 2016, MSSL through its 100% subsidiary, MSSL Manufacturing Hungary Kft., would acquire the land,
buildingandmachineryofAbrahamesTarsaKftforapurchasepriceconsiderationofEUR10.4Mn.
Technical Outlook: On daily chart, stock has formed big bull candlestick with above average volume which indicates for accentuated
buying activity during last trading sessions. Moreover, stock as given breakout of its range bound move which indicates for robust upside
movement that can be seen in next few trading session. A momentum indicator RSIreading is at 60.05 level with positive crossover which
pointoutforpositivebreathinthestock.Sofortradingperspective,onecouldBuyinrange335-337forTargetof345withSLof331.
Asian shares opened mixed on Thursday, as investors consider what the Fed's Beige Book means for US interest rate expectations.
Japan revised its second-quarter gross domestic product (GDP) up to 0.7 percent year-on-year, compared with the initial estimates
of0.2 percent. China is setto release Augusttrade datawhile Australia's Julytrade figureswere due.TheEuropeanCentral Bank has
a monetary policy meeting and the US jobless claims were due later in the global day. Japan's Nikkei 225 was down 0.18 percent,
while South Korea's benchmark Kospi opened higher by 0.41 percent. The Indian equity market is expected to open flat to positive
todaytrackingAsianindices.SGXNiftyistradingat8962upby3points.
US stocks ended little changed on Wednesday, though the Nasdaq eked out another record high close, as investors assessed the
outlook for USinterest rates. Adisappointingforecast from SproutsFarmersMarket weighed ongrocers. Sprouts shares were down
13.7 percent at USD 19.68, while Whole Foods shares fell 5.3 percent to USD 29.08 and Kroger shares dropped 4.1 percent to USD
31.32. Investors have been weighing the likelihood of a rate hike this month from the Federal Reserve, with recent economic data
including last Friday's weaker-than-expected jobs report suggesting the US central bank could hold off for now. The Dow Jones
industrial average was down 11.98 points, or 0.06 percent, to 18,526.14, the S&P 500 lost 0.33 points, or 0.02 percent, to 2,186.15
andtheNasdaqCompositeadded8.02points,or0.15percent,to5,283.93,arecordhighclose.
SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
08th Sep 2016
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
PNB Gilts Limited; Anual General Meeting/ Dividend -Rs 1.10/- Per Share
Southern Petrochemicals Industries Corporation Limited; Annual General Meeting (Book Closure End Date
Revised)
Himatsingka Seide Limited; Annual General Meeting/Dividend - Rs 1.50 Per Share
Nahar Spinning Mills Limited; Dividend - Rs 1.50 Per Share
Nahar Capital and Financial Services Limited; Dividend Rs 1.50 Per Share
Kolte - Patil Developers Limited; Dividend-Rs 1.50 Per Share
NTPC Limited; Dividend - Rs 1.75 Per Share
NBCC (INDIA) LIMITED; Annual General Meeting/ Dividend -Rs 2/- Per Share (Purpose Revised)
Power Grid Corporation of India Limited; Dividend - Rs 1.51 Per Share
NHPC Limited; Annual General Meeting/Dividend-Re 0.58 Per Share
Indowind Energy Limited; Annual General Meeting (Book Closure Dates Revised)
The Ugar Sugar Works Limited; Annual General Meeting And Dividend Re.0.25 Per Share
APL Apollo Tubes Limited; Annual General Meeting/Dividend - Rs 10/- Per Share
Bajaj Finance Limited; Bonus 1:1/Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per
Share
Nahar Poly Films Limited; Annual General Meeting/Dividend - Re 0.50 Per Share
Coal India Limite; Buyback Of Shares
GAIL (India) Limited; Dividend Rs 3/- Per Share
Sun Pharmaceuticals Industries Limited; Annual General Meeting/Dividend Re 1/- Per Share
Manali Petrochemicals Limited; Annual General Meeting/ Dividend - Re 0.50 Per Share
Emmbi Industries Limited; Annual General Meeting/Dividend Re 0.50 Per Share
Escorts Limited; Dividend - Rs 1.20/- Per Share
TIPS Industries Limited; Annual General Meeting/ Dividend - Re 1/- Per Share
Venky's (India) Limited; Annual General Meeting/Dividend - Rs 5/- Per Share
Mangalam Cement Limited; Annual General Meeting/ Divided - Re 0.50/- Per Share
Atul Auto Limited; Annual General Meeting/ Dividend - Rs 2.50 Per Share
Cyient Limited; Special Dividend - Rs 2.50 Per Share
Pokarna Limited; Dividend-Rs 3/- Per Share + Special Dividend Rs 7/- Per Share
Salona Cotspin Limited; Annual General Meeting/Dividend - Re 0.75 Per Share
Sicagen India Limited; Dividend - Rs 0.60 Per Share
Result Calendar:
APIS, CIMMCO, EROSMEDIA, ESSARSHPNG, FINANTECH, GOKAKTEX, GUJFLUORO, HINDCOMPOS,
JINDALSTEL, NAGARFERT, PURVA, RAMANEWS, RIDDHI, SAIL, SEAMECLTD, TVTODAY, VENKYS,
WSTCSTPAPR, ZUARI & ZUARIGLOB
Corporate Action / Result Calendar
SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
08th Sep 2016
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Bulk Deal
Security in Ban
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 7/9/2016 501150 CENTRUM INDIVISION INDIA PARTNERS S 3000000 28.94
2 7/9/2016 531739 GENNEX MANPHOOL EXPORTS LIMITED S 1162460 7.00
3 7/9/2016 531499 SYBLY DINESH SHAH B 709847 11.70
4 7/9/2016 502448 ROLLT PIYUSH CHANDRASINH SAMPAT S 700000 30.25
5 7/9/2016 533008 OISL SHREE SUPRINIT TRADINVEST PRIVATE LIMITED B 676830 9.36
6 7/9/2016 533008 OISL SHREE SUPRINIT TRADINVEST PRIVATE LIMITED S 647363 9.18
7 7/9/2016 531499 SYBLY DINESH SHAH S 626056 11.73
7 7/9/2016 531467 ARNAVCORP MALATIBEN ASHOKBHAI DARJI B 467058 3.49
7 7/9/2016 531467 ARNAVCORP MALATIBEN ASHOKBHAI DARJI S 389823 3.44
7 7/9/2016 537259 SUYOG SATPAL KHATTAR B 324000 300.00
IBREALEST, JINDALSTEL, JISLJALEQS, KSCL & RCOM
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
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
Morning Tea
08th Sep 2016
SEBI Registered – Research Analyst www.choicebroking.in * 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: 2016.09.08 08:45:51 +05'30'

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Morning tea 08 09-2016

  • 1. SEBI Certified – Research Analyst www.choiceindia.com Global View India Update Today’s Event/ Stock in News Tobeat competition from its ownpeers andprivate players,state-runHindustanPetroleum Corp. Ltd (HPCL) has decided toexperiment with dynamicfuel pricingat its fuel retail outlets,saidtwoseniorHPCL officials,onthe conditionofanonymity. Dynamicor real-time pricingmeans the cost of a product could be flexible. If HPCL kicks off dynamic pricing, it could well be a market changing phenomena where other fuel retailersmayhavetofollowsuit.Dynamicfuelpricingisacommonphenomenainternationally. Technical Outlook: On hourly chart, stock has been trading in a higher top higher bottom formation since last many days, which indicatesthatstockcouldfurtheraccelerateitsupside movementalongwithformation.Moreover,stockhasbeentradingabove its21day moving averagewhich is placedat 1217 level,which shows thatnear term trend is up. A momentum indicator RSIreading is at 60.55 level withpositive crossover,whichpointoutforpositivebreathinthestock.Sofor tradingperspective,one couldBuyinrangeof1244-1250for Targetof1275withSLof1231. HPCL MOTHERSUMI SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website Morning Tea 08th Sep 2016 Buy in range of 335-337 for Target of 345 with SL of 331 Buy in range of 1244-1250 for Target of 1275 with SL of 1231 Motherson Sumi Systems Ltd has informed BSE that MSSL Manufacturing Hungary Kft., a subsidiary of MSSL GmbH (which is a subsidiary of Motherson Sumi Systems Limited) is acquiring the Automotive Business Unit of Abraham es Tarsa Kft. (Abraham and Co. Ltd) located in Turkeve,Hungary onagoingconcern basis andwouldalsogive onlease part ofacquiredassets toSMRHungary.Withthis transaction,which is expected to be completed in October 2016, MSSL through its 100% subsidiary, MSSL Manufacturing Hungary Kft., would acquire the land, buildingandmachineryofAbrahamesTarsaKftforapurchasepriceconsiderationofEUR10.4Mn. Technical Outlook: On daily chart, stock has formed big bull candlestick with above average volume which indicates for accentuated buying activity during last trading sessions. Moreover, stock as given breakout of its range bound move which indicates for robust upside movement that can be seen in next few trading session. A momentum indicator RSIreading is at 60.05 level with positive crossover which pointoutforpositivebreathinthestock.Sofortradingperspective,onecouldBuyinrange335-337forTargetof345withSLof331. Asian shares opened mixed on Thursday, as investors consider what the Fed's Beige Book means for US interest rate expectations. Japan revised its second-quarter gross domestic product (GDP) up to 0.7 percent year-on-year, compared with the initial estimates of0.2 percent. China is setto release Augusttrade datawhile Australia's Julytrade figureswere due.TheEuropeanCentral Bank has a monetary policy meeting and the US jobless claims were due later in the global day. Japan's Nikkei 225 was down 0.18 percent, while South Korea's benchmark Kospi opened higher by 0.41 percent. The Indian equity market is expected to open flat to positive todaytrackingAsianindices.SGXNiftyistradingat8962upby3points. US stocks ended little changed on Wednesday, though the Nasdaq eked out another record high close, as investors assessed the outlook for USinterest rates. Adisappointingforecast from SproutsFarmersMarket weighed ongrocers. Sprouts shares were down 13.7 percent at USD 19.68, while Whole Foods shares fell 5.3 percent to USD 29.08 and Kroger shares dropped 4.1 percent to USD 31.32. Investors have been weighing the likelihood of a rate hike this month from the Federal Reserve, with recent economic data including last Friday's weaker-than-expected jobs report suggesting the US central bank could hold off for now. The Dow Jones industrial average was down 11.98 points, or 0.06 percent, to 18,526.14, the S&P 500 lost 0.33 points, or 0.02 percent, to 2,186.15 andtheNasdaqCompositeadded8.02points,or0.15percent,to5,283.93,arecordhighclose.
  • 2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com Morning Tea 08th Sep 2016 SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website PNB Gilts Limited; Anual General Meeting/ Dividend -Rs 1.10/- Per Share Southern Petrochemicals Industries Corporation Limited; Annual General Meeting (Book Closure End Date Revised) Himatsingka Seide Limited; Annual General Meeting/Dividend - Rs 1.50 Per Share Nahar Spinning Mills Limited; Dividend - Rs 1.50 Per Share Nahar Capital and Financial Services Limited; Dividend Rs 1.50 Per Share Kolte - Patil Developers Limited; Dividend-Rs 1.50 Per Share NTPC Limited; Dividend - Rs 1.75 Per Share NBCC (INDIA) LIMITED; Annual General Meeting/ Dividend -Rs 2/- Per Share (Purpose Revised) Power Grid Corporation of India Limited; Dividend - Rs 1.51 Per Share NHPC Limited; Annual General Meeting/Dividend-Re 0.58 Per Share Indowind Energy Limited; Annual General Meeting (Book Closure Dates Revised) The Ugar Sugar Works Limited; Annual General Meeting And Dividend Re.0.25 Per Share APL Apollo Tubes Limited; Annual General Meeting/Dividend - Rs 10/- Per Share Bajaj Finance Limited; Bonus 1:1/Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share Nahar Poly Films Limited; Annual General Meeting/Dividend - Re 0.50 Per Share Coal India Limite; Buyback Of Shares GAIL (India) Limited; Dividend Rs 3/- Per Share Sun Pharmaceuticals Industries Limited; Annual General Meeting/Dividend Re 1/- Per Share Manali Petrochemicals Limited; Annual General Meeting/ Dividend - Re 0.50 Per Share Emmbi Industries Limited; Annual General Meeting/Dividend Re 0.50 Per Share Escorts Limited; Dividend - Rs 1.20/- Per Share TIPS Industries Limited; Annual General Meeting/ Dividend - Re 1/- Per Share Venky's (India) Limited; Annual General Meeting/Dividend - Rs 5/- Per Share Mangalam Cement Limited; Annual General Meeting/ Divided - Re 0.50/- Per Share Atul Auto Limited; Annual General Meeting/ Dividend - Rs 2.50 Per Share Cyient Limited; Special Dividend - Rs 2.50 Per Share Pokarna Limited; Dividend-Rs 3/- Per Share + Special Dividend Rs 7/- Per Share Salona Cotspin Limited; Annual General Meeting/Dividend - Re 0.75 Per Share Sicagen India Limited; Dividend - Rs 0.60 Per Share Result Calendar: APIS, CIMMCO, EROSMEDIA, ESSARSHPNG, FINANTECH, GOKAKTEX, GUJFLUORO, HINDCOMPOS, JINDALSTEL, NAGARFERT, PURVA, RAMANEWS, RIDDHI, SAIL, SEAMECLTD, TVTODAY, VENKYS, WSTCSTPAPR, ZUARI & ZUARIGLOB Corporate Action / Result Calendar
  • 3. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com Morning Tea 08th Sep 2016 SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website Bulk Deal Security in Ban Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price 1 7/9/2016 501150 CENTRUM INDIVISION INDIA PARTNERS S 3000000 28.94 2 7/9/2016 531739 GENNEX MANPHOOL EXPORTS LIMITED S 1162460 7.00 3 7/9/2016 531499 SYBLY DINESH SHAH B 709847 11.70 4 7/9/2016 502448 ROLLT PIYUSH CHANDRASINH SAMPAT S 700000 30.25 5 7/9/2016 533008 OISL SHREE SUPRINIT TRADINVEST PRIVATE LIMITED B 676830 9.36 6 7/9/2016 533008 OISL SHREE SUPRINIT TRADINVEST PRIVATE LIMITED S 647363 9.18 7 7/9/2016 531499 SYBLY DINESH SHAH S 626056 11.73 7 7/9/2016 531467 ARNAVCORP MALATIBEN ASHOKBHAI DARJI B 467058 3.49 7 7/9/2016 531467 ARNAVCORP MALATIBEN ASHOKBHAI DARJI S 389823 3.44 7 7/9/2016 537259 SUYOG SATPAL KHATTAR B 324000 300.00 IBREALEST, JINDALSTEL, JISLJALEQS, KSCL & RCOM
  • 4. 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 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 Morning Tea 08th Sep 2016 SEBI Registered – Research Analyst www.choicebroking.in * 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: 2016.09.08 08:45:51 +05'30'