#ChoiceBroking #MorningTea

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
17th Feb 2017
 World Market:
 The Dow Jones Industrial Average scored its sixth straight record high on Thursday, but just barely, while the S&P
500 edged lower due to declining energy stocks.
 It was a mixed day on wall Street as investors digested recent gains and sold banks that have been big winners in
the "Trump rally" that has seen the S&P 500 rise about 5 percent so far in 2017, with the Dow Jones Industrial
Average up 4 percent.
 Signs of an improving economy and promises by President Donald Trump to cut corporate taxes and reduce
financial regulations have been behind much of the recent gains. Now, with a strong fourth-quarter earnings
season mostly complete, many investors say they need concrete signs of progress from Trump to justify more
gains.
 The Dow Jones Industrial Average ended up 0.04 percent to close at 20,619.77, its sixth straight record-high
close. The S&P 500 had lost 0.09 percent to 2,347.22 and the Nasdaq Composite dropped 0.08 percent to
5,814.90.
 Asian Market:
 Asia markets opened lower on Friday, tracking losses in the US from the Thursday session, as Samsung Group
shares were in focus following the arrest of its chief.
 The broader South Korean market was mixed, with the Kospi down 0.35 percent and the Kosdaq up 0.15
percent. Elsewhere, Japanese shares were also lower, with the Nikkei Stock Average down 0.69 percent and the
Topix off by 0.59 percent.
 The Indian equity market is expected to open flat to positive today tracking Asian indices. SGX Nifty is trading at
8828.50, Up by 40.50 points.
 IOC, IBHFL to replace Idea, BHEL in NSE Nifty50
 ONGC plans Rs 29,000 crore capex for next fiscal
 IL&FS Engineering surges 9% on bagging Rs 123 cr orders from GAIL
 L&T aerospace unit plays role in Isro launch of 104 satellites
 MCX signs MoU with Singapore diamond exchange
 MRPL Buy in the range of 106-107 for Target of 113 with SL of 102.50
On a daily chart, the stock has formed Bullish engulfing candlestick which indicates upside movement in the counter.
Moreover, the stock has been trading in a higher top higher bottom formation and it seems that the stock could continue
its ongoing movement. A momentum indicator RSI reading is at 52.66 level and about to make a positive crossover which
points out for positive breath in the stock. So for trading perspective, one could Buy in the range of 106-107 for Target of
113 with SL of 102.50.
 MUTHOOTFIN Buy in the range of 347-349 for Target of 370 with SL of 335
On a daily chart, the stock has hammer candlestick which is a bullish reversal candlestick and indicates for upside
movement. Moreover, the stock has been trading with its strong support of 21 days moving average which is placed at
325.50 level which shows that the stock has enough strength to move ahead. A momentum indicator RSI reading is at
62.50 level with a positive crossover which points out for positive breath in the stock. So for trading perspective, one
could Buy in the range of 347-349 for Target of 370 with SL of 335.
Stock/Sector - News
Global Update

2. Canara Bank; Rights 1:10 @ Prem Rs 197/- Per Share
Balkrishna Industries Limited; Interim Dividend Rs 2/- Per Share (Purpose Revised)
Dishman Pharmaceuticals and Chemicals Limited; Interim Dividend Rs 1.20 Per Share
(Purpose Revised)
Goldiam International Limited; Interim Dividend Rs 2/- Per Share (Purpose Revised)
Edelweiss Financial Services Limited; Interim Dividend Re 1/- Share
NBCC (INDIA) LIMITED; Bonus 1:2
NHPC Limited; Buyback
Mahanagar Gas Limited; Interim Dividend Rs 8/- Per Share (Purpose Revised)
Rane Holdings Limited; Interim Dividend Rs 3.50 Per Share
SRF Limited; Interim Dividend Rs 6/- Per Share (Purpose Revised)
Tube Investments of India Limited; Interim Dividend Rs 1.25 Per Share
Sun TV Network Limited; Interim Dividend Rs 5/- Per Share (Purpose Revised)
Wheels India Limited; Interim Dividend Rs 5/- Per Share
Result Calendar:
MARSONS, MODISNME, RAMSONS & SUNDARMFIN
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
17th Feb 2017
Corporate Action / Result Calendar
HDIL, IBREALEST, IFCI, JETAIRWAYS, JINDALSTEL, TV18BRDCST & UNIONBANK
Security in Ban
Bulk Deal
Deal Date Security Code Security Name Client Name Deal Type Quantity Price
16/02/2017 530885 AURUMSOFT ANUJ MAHESHWARI HUF B 1,098,747 0.78
16/02/2017 530885 AURUMSOFT LOTUS GLOBAL INVESTMENT LIMITED S 1,098,747 0.78
16/02/2017 500144 FINCABLES SBI MUTUAL FUND B 935,587 437
16/02/2017 500144 FINCABLES ARMOR CAPITAL PARTNERS LP S 934,000 437
16/02/2017 531499 SYBLY VIRAL DINESH SHAH S 492,093 6.65
16/02/2017 531499 SYBLY POOJA BHAVESH BHAGDEV S 482,599 6.54
16/02/2017 531499 SYBLY VIRAL DINESH SHAH B 481,538 6.83
16/02/2017 533080 MOLDTKPAC UNO METALS LIMITED S 475,000 211.37
16/02/2017 533080 MOLDTKPAC AKG FINVEST LIMITED B 475,000 211.37
16/02/2017 531499 SYBLY DRISTI TEXTILE PRIVATE LIMITED S 360,000 6.55

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 Feb 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: 2017.02.17 08:59:06 +05'30'