1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
16th Jan 2017
US Market:
The three major US stock indexes closed lower on Thursday as investors waited for fourth-quarter corporate
earnings and details of US President-elect Donald Trump's economic policy eight days ahead of his
inauguration. While stocks pared losses as the session wore on, all but four of the S&P 500's 11 sectors
ended lower, with financials leading the decline a day ahead of the first major earnings reports in that sector.
The S&P had risen 6.4 percent since the Nov. 8 election. The Dow Jones Industrial Average fell 63.28 points,
or 0.32 percent, to close at 19,891, the S&P 500 dropped 4.88 points, or 0.21 percent, to 2,270.44 and the
Nasdaq Composite dipped 16.16 points, or 0.29 percent, to 5,547.49.
Asian Market:
Asian shares dipped on Friday but remained on track for weekly gains while the dollar was poised for a losing
week, as investors weighed whether President-elect Donald Trump would stress growth-boosting steps when
he takes office. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent, after rising
to its highest levels since late October in the previous session. It was up 1.8 percent for the week. Japan's
Nikkei stock index rose 0.4 percent, on track to shed 1.2 percent for the week. The Indian equity market is
expected to open flat to positive today tracking Asian indices. SGX Nifty is trading at 8446.50 Up by 19.50
points.
India's share in world GDP to reach 17% this yr: PwC
Guj signs Rs 77,000-cr MoU with Rlys for bullet train.
AG clears way for Rs 3,050 cr. penalty on Airtel, Voda.
TCS CEO N Chandrasekaran is new chairman of Tata Sons.
BoB declares 200 borrowers as wilful defaulters.
KAVERI SEED Buy in the range of 458-450 for Target of 480 with SL of 435
On daily chart, stock has given bullish breakout of its ascending triangle pattern with above averages volume. Moreover
stock has formed strong bullish big body candlestick pattern. Besides that stock has been trading above all moving
averages which suggests all time frame trend is bullish. A lead indicator OBV has given fresh buy signal. So for trading
perspective, one could buy in the range of 448-442 SL 432 TGT 490
MARUTI Sell in the range of 5699-5750 for Target of 5620 with the SL of 5800
On daily chart, Stock has formed anti nen star harmonic pattern reversal pattern moreover stock has formed bearish
opening black body candlestick pattern with almost engulfed last two days gain. Besides that on weekly chart, stock has
formed shooting star candlestick pattern. a momentum indicator RSI reading in 70 levels which is overbought zone with
negative cross over. So trading perspective, one could sell in range of 5699-5750 for Target 5620 with SL 5800
Stock in News
Global Update
2. Result Calendar:
AQUAPIV, DHFL, GEOMETRIC, HIL, JAYBARMARU, LAYLA, LICHSGFIN, RELIANCE &
ZMULTIPU.
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
16th Jan 2017
Corporate Action / Result Calendar
CENTURYTEX, IBREALEST, JINDALSTEL, JPASSOCIAT, JUSTDIAL & WOCKPHARMA
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 13/01/2017 534091 MCX AXIS LONG TERM EQUITY FUND S 1767336 1190.00
2 13/01/2017 534091 MCX AXIS LONG TERM EQUITY FUND B 1767336 1190.00
3 13/01/2017 513418 SMFIL MANAV NARESHBHAI PATEL S 529139 3.59
4 13/01/2017 513418 SMFIL MANAV NARESHBHAI PATEL B 529139 3.36
5 13/01/2017 530885 AURUMSOFT APMS INVESTMENT FUND LTD S 519997 0.58
6 13/01/2017 530885 AURUMSOFT SATISH CHANDER VOHRA B 501252 0.58
7 13/01/2017 531499 SYBLY DINESH SHAH S 491199 6.94
7 13/01/2017 531499 SYBLY DINESH SHAH B 491199 7.05
7 13/01/2017 535136 KFL GANESH RAMESH NIBE B 282500 8.80
7 13/01/2017 531499 SYBLY WEBWIZTEC SOLUTIONS PRIVATE LIMITED S 270000 6.94
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
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16th Jan 2017