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SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
17th Jan 2017
 World Market:
The British pound flirted with a three-month low on Tuesday, hit by fears that Prime Minister Theresa May's
speech later in the day will set Britain on course to lose access to the lucrative European Union single market.
Concerns over U.S. President-elect Donald Trump's protectionist policies are also undermining risk sentiment,
helping to push up the yen back to its highest levels in more than five weeks. May will say Britain will not
seek a Brexit deal that leaves it "half in, half out" of the European Union, according to her office, in a speech
setting out her 12 priorities for upcoming divorce talks with the bloc. Those priorities will include leaving the
EU's single market and regaining full control of Britain's borders, several newspapers have reported since the
weekend.
 Asian Market:
Asian stocks and the pound sagged on Tuesday ahead of a speech by British Prime Minister Theresa May that
could have implications for broader risk sentiment. Fears of such a "hard Brexit" have beaten sterling down
to three-month lows against the dollar and sapped broader investor appetite for equities this week. MSCI's
broadest index of Asia-Pacific shares outside Japan lost 0.2 percent. Trade was thin with Wall Street closed
on Monday for Martin Luther King Day. Japan's Nikkei fell 0.3 percent and Australian stocks were down 0.8
percent. The Indian equity market is expected to open flat to positive today tracking Asian indices. SGX Nifty
is trading at 8451.50 Up by 18.50 points.
 Daiichi moves Delhi HC to block Fortis stake sale
 RIL Q3 net profit up 3.6% to Rs 7,506 crore, GRM rises to $10.8/bbl
 GST set for July 1 roll-out, dual control hurdle over
 BSE fixes IPO price band at Rs. 805-806, to raise Rs. 1,243 cr
 Suzlon, Gamesa achieve milestones in wind-power capacity installation
 MANAPPURAM Buy in the range of 78-79 for Target of 84 with SL of 75
On a daily chart, the stock has formed a long bull candlestick with above average volume which indicates accentuated
buying activity during the last trading session. Moreover, the stock has given breakout of its range bound move which
signifies robust upside movement in the counter. A momentum indicator RSI reading is at 64.20 level with a positive
crossover which points out for a positive breath in the stock. So for trading perspective, one could Buy in the range of 78-
79 for Target of 84 with SL of 75.
 SNOWMAN Buy in the range of 59-60 for Target of 65 with SL of 56
On a daily chart, the stock has given breakout of its range bound move which signifies robust upside movement in the
counter. Besides, the stock has been trading above its 50 days moving average which is placed at 53.05 level which shows
that near to medium term trend is up and stock could further accelerate its upside movement. A momentum indicator RSI
reading is at 72.60 level with a positive crossover which points out for a positive breath in the stock. So for trading
perspective, one could Buy in the range of 59-60 for Target of 65 with SL of 56.
Stock in News
Global Update
Result Calendar:
CANFINHOME, CHOICEIN, DELTACORP, DHRUVES, DUKEOFS, HAVELLS, MASTEK,
NIITTECH, SAVINFOCO & SRINANDAA.
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
17th Jan 2017
Corporate Action / Result Calendar
CENTURYTEX, HDIL, IBREALEST, JINDALSTEL, JPASSOCIAT, JUSTDIAL & RCOM
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 16/01/2017 531898 SANGUI INDIVAR TRADERS PRIVATE LIMITED S 11568261 0.14
2 16/01/2017 531898 SANGUI ANUMITA INFRASTRUCTURE PRIVATE LIMITED B 8999986 0.14
3 16/01/2017 531898 SANGUI YASHYANK AGARWAL . S 8700000 0.14
4 16/01/2017 531898 SANGUI ZUBER TRADING LLP B 7461378 0.14
5 16/01/2017 531898 SANGUI ZUBER TRADING LLP S 5000000 0.14
6 16/01/2017 532942 KNRCON COPTHALL MAURITIUS INVESTMENT LIMITED S 3692549 170.52
7 16/01/2017 532942 KNRCON HSBC GLOBAL INVESTMENT FUNDSASIA EX JAP B 3641732 170.50
7 16/01/2017 533896 FERVENTSYN KANTILAL PREMCHAND SHAH S 400000 27.00
7 16/01/2017 533896 FERVENTSYN PROGRESSIVE CONSULTANTS B 394457 27.00
7 16/01/2017 532905 SAAMYABIO AMIT KANTILAL KOTHARI S 138000 5.12
Security in Ban
Bulk Deal
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.
17th Jan 2017
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: 2017.01.17 08:45:50 +05'30'

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Morning tea 17 01-2017

  • 1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website Morning Tea 17th Jan 2017  World Market: The British pound flirted with a three-month low on Tuesday, hit by fears that Prime Minister Theresa May's speech later in the day will set Britain on course to lose access to the lucrative European Union single market. Concerns over U.S. President-elect Donald Trump's protectionist policies are also undermining risk sentiment, helping to push up the yen back to its highest levels in more than five weeks. May will say Britain will not seek a Brexit deal that leaves it "half in, half out" of the European Union, according to her office, in a speech setting out her 12 priorities for upcoming divorce talks with the bloc. Those priorities will include leaving the EU's single market and regaining full control of Britain's borders, several newspapers have reported since the weekend.  Asian Market: Asian stocks and the pound sagged on Tuesday ahead of a speech by British Prime Minister Theresa May that could have implications for broader risk sentiment. Fears of such a "hard Brexit" have beaten sterling down to three-month lows against the dollar and sapped broader investor appetite for equities this week. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.2 percent. Trade was thin with Wall Street closed on Monday for Martin Luther King Day. Japan's Nikkei fell 0.3 percent and Australian stocks were down 0.8 percent. The Indian equity market is expected to open flat to positive today tracking Asian indices. SGX Nifty is trading at 8451.50 Up by 18.50 points.  Daiichi moves Delhi HC to block Fortis stake sale  RIL Q3 net profit up 3.6% to Rs 7,506 crore, GRM rises to $10.8/bbl  GST set for July 1 roll-out, dual control hurdle over  BSE fixes IPO price band at Rs. 805-806, to raise Rs. 1,243 cr  Suzlon, Gamesa achieve milestones in wind-power capacity installation  MANAPPURAM Buy in the range of 78-79 for Target of 84 with SL of 75 On a daily chart, the stock has formed a long bull candlestick with above average volume which indicates accentuated buying activity during the last trading session. Moreover, the stock has given breakout of its range bound move which signifies robust upside movement in the counter. A momentum indicator RSI reading is at 64.20 level with a positive crossover which points out for a positive breath in the stock. So for trading perspective, one could Buy in the range of 78- 79 for Target of 84 with SL of 75.  SNOWMAN Buy in the range of 59-60 for Target of 65 with SL of 56 On a daily chart, the stock has given breakout of its range bound move which signifies robust upside movement in the counter. Besides, the stock has been trading above its 50 days moving average which is placed at 53.05 level which shows that near to medium term trend is up and stock could further accelerate its upside movement. A momentum indicator RSI reading is at 72.60 level with a positive crossover which points out for a positive breath in the stock. So for trading perspective, one could Buy in the range of 59-60 for Target of 65 with SL of 56. Stock in News Global Update
  • 2. Result Calendar: CANFINHOME, CHOICEIN, DELTACORP, DHRUVES, DUKEOFS, HAVELLS, MASTEK, NIITTECH, SAVINFOCO & SRINANDAA. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website Morning Tea 17th Jan 2017 Corporate Action / Result Calendar CENTURYTEX, HDIL, IBREALEST, JINDALSTEL, JPASSOCIAT, JUSTDIAL & RCOM Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price 1 16/01/2017 531898 SANGUI INDIVAR TRADERS PRIVATE LIMITED S 11568261 0.14 2 16/01/2017 531898 SANGUI ANUMITA INFRASTRUCTURE PRIVATE LIMITED B 8999986 0.14 3 16/01/2017 531898 SANGUI YASHYANK AGARWAL . S 8700000 0.14 4 16/01/2017 531898 SANGUI ZUBER TRADING LLP B 7461378 0.14 5 16/01/2017 531898 SANGUI ZUBER TRADING LLP S 5000000 0.14 6 16/01/2017 532942 KNRCON COPTHALL MAURITIUS INVESTMENT LIMITED S 3692549 170.52 7 16/01/2017 532942 KNRCON HSBC GLOBAL INVESTMENT FUNDSASIA EX JAP B 3641732 170.50 7 16/01/2017 533896 FERVENTSYN KANTILAL PREMCHAND SHAH S 400000 27.00 7 16/01/2017 533896 FERVENTSYN PROGRESSIVE CONSULTANTS B 394457 27.00 7 16/01/2017 532905 SAAMYABIO AMIT KANTILAL KOTHARI S 138000 5.12 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. 17th Jan 2017 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: 2017.01.17 08:45:50 +05'30'