The document provides analysis and recommendations on various stocks from a research analyst. It discusses movements in the Jet Airways and Tata Power stocks and provides technical analysis and recommendations to buy or sell the stocks within certain price ranges. It also mentions that Tata Power will acquire Welspun Energy's solar portfolio in a large transaction valued between Rs. 6000-7000 crore. Global market cues are provided, noting Asian markets opened sharply lower due to fears around the upcoming Brexit vote and central bank meetings. The analysis indicates the Indian market will likely open lower on Monday.

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Global View
India Update
Today’s Event/ Stock in News
In a move to bring big relief to the fliers who used to end up paying exorbitant fees on ticket cancellation and excess luggage
among others, the Government on Saturday proposed a slew of measures, including recast of air fare refund norms and
reduction in excess baggage fee. Suggesting such passenger-centric steps, Civil Aviation Minister Ashok Gajapathi Raju said, “The
measures followed complaints from passengers that issues concerning them were not getting resolved within a reasonable time.”
The Government has given two weeks to stakeholders to submit their suggestions and comments before finalising and
implementing the new norms.
Technical Outlook : On daily chart, stock has faced strong resistance of its downward falling trend line which is placed at 590
level, which indicates for weakness in the counter. Moreover, stock has been trading below its 50 day moving average which is
placed at 588.40 level, which shows that stock is in downtrend. A momentum indicator RSI Reading is at 58.35 level and about to
mane negative crossover, which point out for negative breath in the stock. So for trading perspective, one could Sell in the range
of 569-573 for Target of 557 with SL of 579.
JETAIRWAYS
TATAPOWER
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
13th June 2016
Buy in the range of 75-76 for the Target of 79.60 with the SL of 73.20
Sell in the range of 569-573 for the Target of 557 with the SL of 579
Tata Power said it will acquire Welspun Energy's subsidiary, Welspun Renewable Energy Pvt (WREPL) for an undisclosed amount.
This represents the largest transaction in renewables space in India. WREPL has one of the largest operating solar portfolios in
India spread across ten states. Market sources said the deal size could be in the range of Rs 6000 to 7000 crore. Out of 1,140 MW
renewable portfolio, nearly 1,000 MW of capacity is operational and balance capacity is under advanced stages of
implementation.
Technical Outlook : On daily chart, stock has been trading in a higher top higher bottom formation since last two months and it
seems that stock could likely to continue with its ongoing move. Moreover, stock has been trading above its 21 day moving
average which is placed at 70.55 level, which shows that near term trend is up. A momentum indicator RSI reading is at 64.95
level with positive crossover, which point out for positive breath in the stock. So for trading perspective, one could Buy in the
range of 75-76 for Target of 79.60 with SL of 73.20.
Asian markets were sharply lower Monday morning, ahead of central bank meetings in the US and Japan this week and amid
jitters over the upcoming referendum on whether the UK would remain in the European Union. Japan's Nikkei 225 was down 3.03
percent, as a relatively strong yen pressured stocks. The yen maintained its strength against the greenback ahead of the Bank of
Japan's two-day policy meeting starting June 15. The currency pair traded at 106.18 as of 9:39 a.m. HK/SIN, compared with levels
around 106.80 on Friday afternoon local time. Across the Korean Strait, the Kospi was down 1.56 percent. In Hong Kong, the Hang
Seng index dropped 2.3 percent after market open. Chinese mainland markets were also sharply lower, with the Shanghai
composite down 1.16 percent and the Shenzhen composite off by 1.52 percent. Stateside, US futures were lower, with Nasdaq
futures down around 18 points.
Global cues indicate that Indian market is likely to be in red on Monday. Brexit fear is leading to nervousness while risk-off plays
out in global markets. UK will vote on June 23 on whether to leave the European Union. Asian markets were sharply lower
morning, ahead of central bank meetings in the US and Japan this week. Japan's Nikkei 225 was down 2.99 percent, as a relatively
strong yen pressured stocks. The yen maintained its strength against the greenback ahead of the Bank of Japan's two-day policy
meeting starting June 15. Across the Korean Strait, the Kospi was down 1.56 percent. In Hong Kong, the Hang Seng index dropped
2.3 percent after market open.

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Bulk Deal
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Morning Tea
13th June 2016
Security in Ban
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Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 10/6/2016 512267 MMWL HASTIN MARKETING PRIVATE LTD B 6000000 9.02
2 10/6/2016 534109 PYXISFIN ARYAMAN BROKING LIMITED S 504000 25.00
3 10/6/2016 526747 PGFOILQ PREMCABLES PVT LTD S 358718 53.85
4 10/6/2016 526747 PGFOILQ PIPALIA CABLES AND WIRES P LTD B 258718 53.79
5 10/6/2016 532813 CANDC L AND T INFRASTRUCTURE FINANCE COMPANY S 220000 11.04
6 10/6/2016 534109 PYXISFIN E TRICKS ENTERPRISES PRIVATE LIMITED B 216000 25.00
7 10/6/2016 534109 PYXISFIN LA MANCHA ENTERPRISES PRIVATE LIMITED B 200000 25.00
8 10/6/2016 538772 M3GLOBAL MEHUL SHANTILAL SANCHETI S 124843 2.83
9 10/6/2016 531448 SAFALSEC PREMILABEN MAHENDRAKUMAR SHAH B 110000 2.80
10 10/6/2016 526747 PGFOILQ MIRACLE FOILS PRIVATE LIMITED B 100000 54.00
Corporate Action:
Videocon Industries Limited; Annual General Meeting
Result Calendar:
ASIANOI, CALSOFT, GAMMONIND, HUBTOWN, NET4, SREESAKHTI & ZSUBWAYF.
Corporate Action / Result Calendar
CANBK & RCOM

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Research Team
Mr. Sumeet Bagadia Associate Director
Kunal Parmar Research Associate
Amit Pathania Research Associate
Vikas Chaudhari Research Associate
Kapil Shah Research Associate
Rajnath Yadav Research Associate
Satish Kumar Research Associate
Morning Tea
13th June 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Kapil Shah
Digitally signed by Kapil Shah
DN: cn=Kapil Shah, o=Choice Equity Pvt Ltd,
ou=Research Team,
email=kapil.shah@choiceindia.com, c=US
Date: 2016.06.13 08:51:21 +05'30'