#ChoiceBroking #MorningTea

1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Reliance Defence and Engineering Ltd (RDEL) formerly Pipavav Defence and Offshore Engineering Company Ltd (PDOECL) has
registered its standalone net loss at Rs 134.5 crore for the April-June quarter ended June 30, 2016. The standalone total income of
the shipbuilding company fell by 34.2 per cent to Rs 74.18 crore during Q1 2016-17, as compared to Rs 112.76 crore during the
sameperiodlastyear.
Technical Outlook: Ondailychart,stockhasformedBearishengulfingcandlestickwithaboveaveragevolumewhichindicates
for weakness in the counter. Moreover, stock has been facing strong resistance of its horizontal resistance line, which also indicates
forweakness. AmomentumindicatorRSIreadingisat49.37levelwith negativecrossoverwhichpointoutfornegativebreathinthe
stock.Sofortradingperspective,onecouldSellintherangeof64-65forTargetof60withSLof67.
RDEL
HDIL
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
12th Sep 2016
Sell in range of 100-101.50 for Target of 95.50 with SL of 103.50
Sell in range of 64-65 for Target of 60 with SL of 67
Mumbai-based realty firm Housing Development and Infrastructure Ltd (HDIL) has announced that its consolidated net profit for the first
quarter ended June30,2016 fell by30 per cent atRs 40.89 crore from the same perioda year ago as revenuedeclined. In Q1 FY 2015-16,
the companyhadpostedaconsolidatednetprofitof Rs58.42 crore,HDILsaidinafilingtotheBombayStockExchange(BSE).Consolidated
totalexpenses climbed34.5 per centat Rs105.49 crorein Q1 FY 2016-17 fromRs 78.42 crore in the same perioda year ago.Consolidated
otherincomefellby22.8percentatRs4.5croreinQ1FY2016-17fromRs5.83croreinthesameperiodayearago.
Technical Outlook: On daily chart, stock has formed Doji candlestick which is indecisive in nature and doesn’t indicates any
particular direction for next trading session, however on upper side, stock has strong resistance which comes at 102.75 level which
indicates for weakness in the counter. An hourly momentum indicator RSI reading is at 66.80 level with negative crossover which
point out for negative breath in the counter. So for trading perspective, one could Sell in range of 100-101.50 for Target of 95.50
withSLof103.50
Asian shares opened in the red on Monday after a sharply lower finish for major US indexes on Friday amid concerns central banks
will become less accomodative. DownUnder, ASX 200 wasdown2 percent, weighedheavily bythe energy sector, whichwas down
3.31 percent, the materials subindex, which shed 2.98 percent, and the financials sector, which was lower by 1.95 percent. The
Japanese benchmark index Nikkei 225 shed 1.4 percent; South Korea's Kospi fell 1.62 percent in Asian trade. Mainland China
markets slumped at the open: The Shanghai composite fell 1.75 percent and the Shenzhen composite shed 2.22 percent. In Hong
Kong, the Hang Seng index slid 2.42 percent. The Indian equity market is expected to open gap down today tracking Asian indices.
SGXNiftyistradingat8761.50downby146points.
US stocks dropped on Friday, giving the S&P 500 its worst day since June as investor nervousness increased following a nuclear test
byNorthKoreaandFederalReserveofficials'commentsliftedratehikebets.TheCBOEVolatilityindexclosedatitshighestlevelsince
late June, while the S&P 500 index closed below its 50-day moving average for the first time also in about two months, a sign that
furtherweaknessmaybeahead.TheDowJonesindustrialaveragewasdown394.46points,or2.13percent,to18,085.45,whilethe
S&P500lost53.49points,or2.45percent,to2,127.81.ThiswastheS&P'sbiggestone-daypercentagedeclinesinceJune24,theday
afterBritain'svotetoleavetheEuropeanUnion.TheNasdaqCompositedropped133.58points,or2.54percent,to5,125.91.

2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
12th Sep 2016
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Cipla Limited; Annual General Meeting/Dividend Rs 2/- Per Share
Arman Financial Services Limited; Aannual General Meeting/Dividend - 1.40 Per Share
Gujarat Alkalies and Chemicals Limited; Dividend-Rs.4.50 Per Share
Donear Industries Limited; Annual General Meeting/Dividend - Re 0.20 Per Share
Jindal Drilling And Industries Limited; Dividend - Re 0.50/- Per Share
Petronet LNG Limited; Annual General Meeting/Dividend - Rs 2.50 Per Share
Kakatiya Cement Sugar & Industries Limited; Annual General Meeting/Dividend - Rs 2.70 Per Share
Gangotri Textiles Limited; Annual General Meeting (Bc Dates Revised)
Minda Industries Limited; Face Value Split From Rs 10 To Rs 2
Orient Refractories Limited; Annual General Meeting/Dividend - Rs 1.45 Per Share
De Nora India Limited; Dividend Rs 4/- Per Share
Jai Corp Limited; Annual General Meeting/Dividend Re 0.50 Per Share
Trent Limited; Face Value Split From Rs 10 To Re 1
Swan Energy Limited; Annual General Meeting/Dividend - Re 0.05 Per Share
Maharashtra Seamless Limited; Dividend-Rs 2.50 Per Share
GRP Limited; Annual General Meeting And Dividend Rs.10/- Per Share
Umang Dairies Limited; Dividend - Re 1/- Per Share
InterGlobe Aviation Limited; Dividend - Rs 15/- Per Share
Result Calendar:
ALOKTEXT, BAJAJHIND, BGRENERGY, CHOWGULSTM, ESCORTSFIN, GAMMONIND, GITANJALI,
GLXYENT, HBLPOWER, HINDNATGLS, LYCOS, MAGNA, MBLINFRA, METALFORGE, NATIONALUM,
NLCINDIA, OMAXE, PREMIERPOL, RPOWER, SANDESH, SELMCL, SUBEX & TATASTEEL.
Corporate Action / Result Calendar
Bulk Deal
Security in Ban
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 9/9/2016 531337 IRISMEDIA SEEMA AGGARWAL S 1000000 13.00
2 9/9/2016 531337 IRISMEDIA ANUPAMNARAIN GUPTA B 1000000 13.00
3 9/9/2016 534674 DUCON BP FINTRADE PRIVATE LIMITED S 408762 25.76
4 9/9/2016 534674 DUCON BP FINTRADE PRIVATE LIMITED B 408762 25.55
5 9/9/2016 532475 APTECHT WAY2WEALTH SECURITIES P LTD S 325380 178.84
6 9/9/2016 532475 APTECHT WAY2WEALTH SECURITIES P LTD B 325380 178.76
7 9/9/2016 531109 ISHANCH SHARDABEN JAYANTILAL PATEL S 245600 65.21
7 9/9/2016 531109 ISHANCH KAMET TRADING PRIVATE LIMITED B 225000 65.00
7 9/9/2016 526544 SCANPGEOM RAJESH CHANDUBHAI THAKKAR B 200000 22.05
7 9/9/2016 526544 SCANPGEOM KARNAVATI INFRASTRUCTURE PROJECTS LTD S 200000 22.05
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
12th 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: 2016.09.12 08:24:14 +05'30'