The document provides a summary of US, Asian, and Indian stock market performance. It notes that US stocks closed higher on Friday as investors piled into post-election rallies. European shares also had their best week since January after the ECB extended economic stimulus. In Asia, Japan's Nikkei index surged as crude oil prices increased following an OPEC deal, while other Asian markets also rose. The Indian market is expected to open lower tracking Asian indices. The document also provides recommendations to buy or sell specific stocks and notes several corporate news items and results calendar.

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
12th Dec 2016
 US Market:
US stocks closed higher on Friday as more investors piled in on the presidential election rally while the euro continued to
weaken after the European Central Bank’s decision a day earlier to extend economic stimulus. US Treasury yields climbed with
benchmark yields marking a fifth consecutive week of increases on stronger-than-forecast data on China inflation and US
consumer sentiment ahead of USD56 billion of government debt auctions. European shares had their best week since January,
after the ECB decision to cut monthly bond purchases to 60 billion euros (USD 63.7 billion) from 80 billion and extend buying
to December, three months longer than analyst forecasts. The S&P 500 stock index had its best week in four and its biggest
gainers on Friday were the consumer staples and healthcare sectors, which have been two of the weakest in the rally following
Donald Trump's election as US President. The Dow Jones industrial average closed up 142.04 points, or 0.72 percent, to
19,756.85, the S&P 500 had gained 13.34 points, or 0.59 percent, to 2,259.53 and the Nasdaq Composite had added 27.14
points, or 0.5 percent, to 5,444.50.
 Asian Market:
Japan's benchmark share index jumped early on Monday as crude prices surged higher on a deal reached at the weekend
between OPEC and non-OPEC producers. The Nikkei 225 surged 0.98 percent at its open, as the yen weakened against the
dollar, trading at 115.39 as of 8:05 am HK/SIN, compared to levels around 113 last week. In Australia, the benchmark ASX 200
was up 0.28 percent, buoyed by its energy sub-index, which was up 2.53 percent. New Zealand's NZX 50 was up 0.032 percent
in early trade. The country's ruling party announced Bill English as the new prime minister, following the surprise resignation of
John Keys last Monday. The Indian equity market is expected to open gap down today tracking Asian indices. SGX Nifty is
trading at 8245.50 Down by 31 points.
 Ratan Tata hailed as saviour of UK steel industry
 ONGC awaits DGH nod for $5 bn KG-D5 gas development plan
 BoB in talks to buy Central Bank’s housing finance arm
 IL&FS may sell assets to trim debt
 Jaiprakash Associates Q2 net loss widens to Rs781.2 crore
 SNOWMAN Buy in range of 52.00-52.75 for Target of 56 with SL of 51
On daily chart, stock has formed ugly double bottom formation which is a bullish reversal pattern and indicates for
upside movement. Moreover, stock has given close above its 21 day moving average which is placed at 51.95 level
which shows that near to medium term trend is up. A momentum indicator RSI reading is at 43.65 level with
positive crossover which point out for positive breath in the stock. So for trading perspective, one could Buy in
range of 52.00-52.75 for Target of 56 with SL of 51.
 AJANTPHARM Sell in range of 1876-1881 for Target of 1838 with SL of 1900
On daily chart, stock has formed Bearish engulfing candlestick with above average volume which is a bearish
reversal candlestick and indicates for downside movement. Moreover, stock has been facing strong resistance of its
50 day moving average which is placed at 1917.35 level which shows weakness in the counter. A momentum
indicator RSI reading is at 50.40 level with negative crossover which point out for negative breath in the stock. So
for trading perspective, one could Sell in range of 1876-1881 for Target of 1838 with SL of 1900.
Stock in News
Global Update

2. Result Calendar:
APCL, BHUSANSTL, CESC, CROMPGREAV, GAMMONIND, GMDCLTD, HBLPOWER, JAICORPLTD,
JINDRILL, JMTAUTOLTD, KWALITY, MAHSEAMLES, MEP, NAHARINDUS, PICTUREHS, PVP, RICOHQ,
SELMCL, SUNFLAG, SUNTECK, SURANACORP.
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
12th Dec 2016
Corporate Action / Result Calendar
JINDALSTEL
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 9/12/2016 532795 SITINET ESSEL MEDIA VENTURES LIMITED S 10000000 36.18
2 9/12/2016 532795 SITINET BIOSCOPE CINEMAS PRIVATE LIMITED B 10000000 36.18
3 9/12/2016 533605 PRAKASHCON JMP SECURITIES PVT LTD B 3055681 4.05
4 9/12/2016 533605 PRAKASHCON JMP SECURITIES PVT LTD S 2985736 4.10
5 9/12/2016 534060 PMCFIN MANZOOR ALAM B 2444000 0.53
6 9/12/2016 533605 PRAKASHCON ADJUVANT TECHNOLOGIES PRIVATE LIMITED . S 1242673 3.99
7 9/12/2016 533605 PRAKASHCON J M GLOBAL EQUITIES PVT LTD S 1235221 4.11
7 9/12/2016 533605 PRAKASHCON BP FINTRADE PRIVATE LIMITED S 1172874 4.05
7 9/12/2016 533605 PRAKASHCON BP FINTRADE PRIVATE LIMITED B 1172874 4.02
7 9/12/2016 532980 GOKUL RATHI GLOBAL B 1003291 25.00
Security in Ban
Bulk Deal

3. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
Contact Us
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
www.choicebroking.incustomercare@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.
12th Dec 2016
Kkunal Parar
Digitally signed by Kkunal Parar
DN: cn=Kkunal Parar, o=Choice Equity
Broking Pvt Ltd., ou=Research Dept.,
email=kkunal.parar@choiceindia.com, c=IN
Date: 2016.12.12 08:41:41 +05'30'