SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Local search engine Just Dial today said it has got in-principle nod from the Reserve Bank of India(RBI) for launching its prepaid wallet.
Elaborating on therelevanceofthe approval,it said: "The companywillbeinposition for providing payment solution toour users,which is
integralpartofour transactionservicesandJDprepaidwalletwillhelptoprovideaseamlesspaymentexperiencetousers."JustDialadded
thatitneedstosubmitcertainreportstoRBIuptoMarch05,2017forfinalauthorisation.
Technical Outlook: On daily chart, stock has managed to trade above its 21 day moving average whichis placed at 486.55 level, which
shows that near term trend has changed to up. Moreover, stock formed hammer candlestick near the bottom which also indicates for
trend reversal in the counter. A momentum indicator RSI reading is at 48.90 level with positive crossover, which point out for positive
breathinthestock.Sofortradingperspective,onecouldBuyinrangeof497-500forTargetof510withSLof492.
JUSTDIAL
JINDALSTEL
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
09th Sep 2016
Sell in range of 86-87 for Target of 82 with SL of 89
Buy in range of 497-500 for Target of 510 with SL of 492
JindalSteel&PowerLtdonThursdayreportedthatitsconsolidatednetlosswidenedtoRs1,082.15crore inthe April-JunequarterofFY17.
Its net salesfell3.3 per centtoRs 5,015.02 croreasagainstRs5,187.98 croreony-o-ybasis. Onstandalone basis,ithaspostedanetloss of
Rs 276.65 crore for the quarter ended June 30, 2016 as compared to a net loss of Rs 371.37 crore for the quarter ended June 30, 2015.
Total Income has decreased from Rs 3,161.8 crore for the quarter ended June 30, 2015 to Rs 3,123.5 crore for the quarter ended June 30,
2016.
Technical Outlook: Ondailychart,stockhasbeenfacingstrongresistanceat 90 level, alevelfromwherestockgave downside
movement in past as well. Besides, Volume activity is also gradually decreasing during the recent trading days. A momentum
indicatorRSIreadingisat57.60withpositivecrossover,howeverRSIhasbeentrendingwithdownwardfallingtrendlinewhichpoint
outfornegativebreathinthestock.Sofortradingperspective,onecouldSellinrangeof86-87forTarget82withSLof89
Asianmarkets were mostly lower after reports indicatedanearthquake in North Korea was caused by an explosion, possibly from a
nuclear test in the isolated nation. Japan's benchmark Nikkei 225 was off 0.1 percent, erasing earlier gains, and South Korea's Kospi
extended losses, down 1.19 percent, after Yonhap broke news of a suspected nuclear test in North Korea after an earthquake was
detected near a known nuclear testing site. Australia's S&P/ASX 200 opened down 0.6 percent, dragged by losses in its heavily-
weighted financials subindex, which slid 0.87 percent, but losses were offset by its energy sector rising 1.55 percent. The Indian
equitymarketisexpectedtoopenflattonegativetodaytrackingAsianindices.SGXNiftyistradingat8950downby26.50points.
US stocks dipped on Thursday, pulled lower by Apple after its latest iPhone failed to impress Wall Street, but gains in energy shares
limitedthedecline.TheNasdaqbrokeafour-daystreakofgains,ledbydeclinesinApple.USstockshavebeentradinginatightrange
in recent months as investors try to assess the outlook for US interest rates and the health of the US economy. Recent weak
economic data has underscored views the Federal Reserve may hold off on raising rates at its policy meeting this month. The
European Central Bank held interest rates steady, as expected, on Thursday. Dow Jones industrial average fell 46.23 points, or 0.25
percent,to 18,479.91,theS&P500 lost4.86points,or 0.22percent,to 2,181.3 andthe NasdaqComposite dropped24.44 points,or
0.46percent,to5,259.48.
SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
09th Sep 2016
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Mold-Tek Technologies Limited; Annual General Meetingdividend Re 0.20 Per Share
HT Media Limited; Dividend Re 0.40 Per Share
Fiem Industries Limited; Annual General Meeting/ Dividend - Rs 3/- Per Share
NCL Industries Limited; Annual General Meeting/Dividend Re 1/- Per Share
KCP Sugar and Industries Corporation Limited; Annual General Meeting/Dividend Re 0.25 Per Share
J.Kumar Infraprojects Limited; Annual General Meeting/Dividend Rs 2/- Per Share
LT Foods Limited; Dividend - Rs 1.50 Per Share
Zee Learn Limited; Annual General Meeting (Book Closure Dates Revised)
Multi Commodity Exchange of India Limited; Annual General Meeting/Dividend - Rs 6.50 Per Share
PC Jeweller Limited; Annual General Meeting/Dividend - Rs 3.35 Per Share
Mold-Tek Packaging Limited; Annual General Meeting/ Dividend - Rs 1.25/- Per Share
The Byke Hospitality Ltd; Annual General Meeting/ Dividend - Re 1/- Per Share
Simplex Infrastructures Limited; Dividend - Re 0.50 Per Share
Result Calendar:
COALINDIA, FCSSOFT, GSPL, GUJGAS, JMTAUTOLTD, JPASSOCIAT, KSK, LITL, MANINDS, NATIONALUM,
RESPONIND, SJVN, SOBHA, STEWARTQ, TIMKEN, TWL, VASCONEQ, ZEEMEDIA, ZUARI & ZUARIGLOB
Corporate Action / Result Calendar
Bulk Deal
Security in Ban
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 8/9/2016 512499 SHALPRO PAKOBA FINANCE AND TRADES PVT LTD S 6429820 0.51
2 8/9/2016 536738 STELLAR VALUE DISTRIBUTORS PRIVATE LIMITED S 1200000 10.84
3 8/9/2016 536738 STELLAR TAXUS ENTERPRISES PRIVATE LIMITED B 1080000 10.85
4 8/9/2016 531467 ARNAVCORP SHAH RAHUL BAMKINCHANDRA B 654979 3.06
5 8/9/2016 531467 ARNAVCORP SHAH RAHUL BAMKINCHANDRA S 629284 2.98
6 8/9/2016 538575 SURYAMARK FUTURE INVESTMENTS S 251962 9.46
7 8/9/2016 526544 SCANPGEOM RAJESH CHANDUBHAI THAKKAR B 201691 22.62
7 8/9/2016 526544 SCANPGEOM KARNAVATI INFRASTRUCTURE PROJECTS LTD S 200000 22.61
7 8/9/2016 538575 SURYAMARK DHANLAXMI BUILDERS AND DEVELOPERS PRIV S 189981 9.14
7 8/9/2016 539331 VETO JINTAN INVESTMENT ADVISORY PRIVATE LIMIT S 125000 117.36
CENTURYTEX, 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
09th 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: 2016.09.09 08:41:51 +05'30'

Morning tea 09 09-2016

  • 1.
    SEBI Certified –Research Analyst www.choiceindia.com Global View India Update Today’s Event/ Stock in News Local search engine Just Dial today said it has got in-principle nod from the Reserve Bank of India(RBI) for launching its prepaid wallet. Elaborating on therelevanceofthe approval,it said: "The companywillbeinposition for providing payment solution toour users,which is integralpartofour transactionservicesandJDprepaidwalletwillhelptoprovideaseamlesspaymentexperiencetousers."JustDialadded thatitneedstosubmitcertainreportstoRBIuptoMarch05,2017forfinalauthorisation. Technical Outlook: On daily chart, stock has managed to trade above its 21 day moving average whichis placed at 486.55 level, which shows that near term trend has changed to up. Moreover, stock formed hammer candlestick near the bottom which also indicates for trend reversal in the counter. A momentum indicator RSI reading is at 48.90 level with positive crossover, which point out for positive breathinthestock.Sofortradingperspective,onecouldBuyinrangeof497-500forTargetof510withSLof492. JUSTDIAL JINDALSTEL SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website Morning Tea 09th Sep 2016 Sell in range of 86-87 for Target of 82 with SL of 89 Buy in range of 497-500 for Target of 510 with SL of 492 JindalSteel&PowerLtdonThursdayreportedthatitsconsolidatednetlosswidenedtoRs1,082.15crore inthe April-JunequarterofFY17. Its net salesfell3.3 per centtoRs 5,015.02 croreasagainstRs5,187.98 croreony-o-ybasis. Onstandalone basis,ithaspostedanetloss of Rs 276.65 crore for the quarter ended June 30, 2016 as compared to a net loss of Rs 371.37 crore for the quarter ended June 30, 2015. Total Income has decreased from Rs 3,161.8 crore for the quarter ended June 30, 2015 to Rs 3,123.5 crore for the quarter ended June 30, 2016. Technical Outlook: Ondailychart,stockhasbeenfacingstrongresistanceat 90 level, alevelfromwherestockgave downside movement in past as well. Besides, Volume activity is also gradually decreasing during the recent trading days. A momentum indicatorRSIreadingisat57.60withpositivecrossover,howeverRSIhasbeentrendingwithdownwardfallingtrendlinewhichpoint outfornegativebreathinthestock.Sofortradingperspective,onecouldSellinrangeof86-87forTarget82withSLof89 Asianmarkets were mostly lower after reports indicatedanearthquake in North Korea was caused by an explosion, possibly from a nuclear test in the isolated nation. Japan's benchmark Nikkei 225 was off 0.1 percent, erasing earlier gains, and South Korea's Kospi extended losses, down 1.19 percent, after Yonhap broke news of a suspected nuclear test in North Korea after an earthquake was detected near a known nuclear testing site. Australia's S&P/ASX 200 opened down 0.6 percent, dragged by losses in its heavily- weighted financials subindex, which slid 0.87 percent, but losses were offset by its energy sector rising 1.55 percent. The Indian equitymarketisexpectedtoopenflattonegativetodaytrackingAsianindices.SGXNiftyistradingat8950downby26.50points. US stocks dipped on Thursday, pulled lower by Apple after its latest iPhone failed to impress Wall Street, but gains in energy shares limitedthedecline.TheNasdaqbrokeafour-daystreakofgains,ledbydeclinesinApple.USstockshavebeentradinginatightrange in recent months as investors try to assess the outlook for US interest rates and the health of the US economy. Recent weak economic data has underscored views the Federal Reserve may hold off on raising rates at its policy meeting this month. The European Central Bank held interest rates steady, as expected, on Thursday. Dow Jones industrial average fell 46.23 points, or 0.25 percent,to 18,479.91,theS&P500 lost4.86points,or 0.22percent,to 2,181.3 andthe NasdaqComposite dropped24.44 points,or 0.46percent,to5,259.48.
  • 2.
    SEBI Certified –Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com Morning Tea 09th Sep 2016 SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website Mold-Tek Technologies Limited; Annual General Meetingdividend Re 0.20 Per Share HT Media Limited; Dividend Re 0.40 Per Share Fiem Industries Limited; Annual General Meeting/ Dividend - Rs 3/- Per Share NCL Industries Limited; Annual General Meeting/Dividend Re 1/- Per Share KCP Sugar and Industries Corporation Limited; Annual General Meeting/Dividend Re 0.25 Per Share J.Kumar Infraprojects Limited; Annual General Meeting/Dividend Rs 2/- Per Share LT Foods Limited; Dividend - Rs 1.50 Per Share Zee Learn Limited; Annual General Meeting (Book Closure Dates Revised) Multi Commodity Exchange of India Limited; Annual General Meeting/Dividend - Rs 6.50 Per Share PC Jeweller Limited; Annual General Meeting/Dividend - Rs 3.35 Per Share Mold-Tek Packaging Limited; Annual General Meeting/ Dividend - Rs 1.25/- Per Share The Byke Hospitality Ltd; Annual General Meeting/ Dividend - Re 1/- Per Share Simplex Infrastructures Limited; Dividend - Re 0.50 Per Share Result Calendar: COALINDIA, FCSSOFT, GSPL, GUJGAS, JMTAUTOLTD, JPASSOCIAT, KSK, LITL, MANINDS, NATIONALUM, RESPONIND, SJVN, SOBHA, STEWARTQ, TIMKEN, TWL, VASCONEQ, ZEEMEDIA, ZUARI & ZUARIGLOB Corporate Action / Result Calendar Bulk Deal Security in Ban Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price 1 8/9/2016 512499 SHALPRO PAKOBA FINANCE AND TRADES PVT LTD S 6429820 0.51 2 8/9/2016 536738 STELLAR VALUE DISTRIBUTORS PRIVATE LIMITED S 1200000 10.84 3 8/9/2016 536738 STELLAR TAXUS ENTERPRISES PRIVATE LIMITED B 1080000 10.85 4 8/9/2016 531467 ARNAVCORP SHAH RAHUL BAMKINCHANDRA B 654979 3.06 5 8/9/2016 531467 ARNAVCORP SHAH RAHUL BAMKINCHANDRA S 629284 2.98 6 8/9/2016 538575 SURYAMARK FUTURE INVESTMENTS S 251962 9.46 7 8/9/2016 526544 SCANPGEOM RAJESH CHANDUBHAI THAKKAR B 201691 22.62 7 8/9/2016 526544 SCANPGEOM KARNAVATI INFRASTRUCTURE PROJECTS LTD S 200000 22.61 7 8/9/2016 538575 SURYAMARK DHANLAXMI BUILDERS AND DEVELOPERS PRIV S 189981 9.14 7 8/9/2016 539331 VETO JINTAN INVESTMENT ADVISORY PRIVATE LIMIT S 125000 117.36 CENTURYTEX, IBREALEST, JINDALSTEL, JISLJALEQS, KSCL & RCOM
  • 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 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 09th 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: 2016.09.09 08:41:51 +05'30'