#ChoiceBroking #MorningTea

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
20th Oct 2016
 US Market:
US stocks notched a second straight day of gains on Wednesday, as climbing oil prices lifted the energy sector and
earnings from Morgan Stanley provided a boost to financials. The Dow Jones industrial average rose 40.95 points, or
0.23 percent, to 18,202.89, the S&P 500 gained 4.72 points, or 0.22 percent, to 2,144.32 and the Nasdaq Composite
added 2.58 points, or 0.05 percent, to 5,246.41.
 Asian Market:
Asian stocks advanced on Thursday, propelled by strong US earnings and oil prices near a 15-month high, as the
third and final US presidential debate before the Nov. 8 election got underway. MSCI's broadest index of Asia-Pacific
shares outside Japan rose 0.25 percent. Japan's Nikkei extended gains to 0.9 percent. China's CSI 300 increased 0.2
percent, and Hong Kong's Hang Seng index climbed 0.6 percent. The Indian equity market is expected to open gap
Up today tracking Asian indices. SGX Nifty is trading at 8692.50 Up by 34.50 points.
 Ajanta Pharma gets ANDA Nod For Lansoprazole Delayed Release Capsules (Lansoprazole Inhibits The Stomach's
Production Of Gastric Acids)
 Axis Bank to consider issue of NCDs worth Rs5000cr
 NCC & BGR awarded with Pachhwara North Coal Block Mine Developer and Operator Project by West Bengal
Power Development Corp (WBPDCL)
 CEAT rolls out new “Puncture Safe” tyres for 2 wheelers
 Bharti Airtel to offer 10GB data for Rs249/-
 Coal India starts spot e- auction today
 Bombay HC asks ONGC to release 20$ mn to swiber
 Wipro may have acqyired US firm Appiriro for 400mn$: ToI
Stock in News
Global Update
 EDELWEISS Buy in range of 125-127 for Target of 132 with SL of 122
On daily chart, stock has formed Marubozu candlestick with above average volume which indicates for further upside
movement from the present level. Besides, stock has given breakout of 125 level, a level which acted as strong resistance
in past suggests that stock may give further robust upside movement. A momentum indicator RSI reading is at 62.18 level
with positive crossover, apart from this RSI is forming higher bottom formation which point out for positive breath in the
stock. So for trading perspective, one could Buy in range of 125-127 for Target of 132 with SL of 122.
 DCMSHRIRAM Buy in range of 223-225 for Target of 235 with SL of 218
On daily chart, stock has given close with 4.00% rise in price with above average volume which indicates for accentuated
buying activity during the last trading session. Moreover, stock has given close above its 21 day moving average which is
placed at 218.75 level, which shows that stock could accelerates its upside movement from the present level. A
momentum indicator RSI reading is at 56.08 level with positive crossover which point out for positive breath in the stock.
So for trading perspective, one could Buy in range of 223-225 for Target of 235 with SL of 218.

2. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
20th Oct 2016
Result Calendar:
ADORFO, AHMDSTE, ALAN SCOTT, AROGRANITE, BENARAS, BIOCON, DBCORP, FERVENTSYN,
FOSECOIND, GULFOILLUB, HESTERBIO, INTELSOFT, IPOWER, JDORGOCHEM, KAJARIACER,
KIRLPNU, LICHSGFIN, MAFATLAFIN, NALINLEA, NOCIL, NUCLEUS, OBIL, PHL, PRAJIND,
RELIANCE, SAVINFOCO, SITAENT, SQSBFSI, SYNGENE, TANLA, WHELTEX, YESBANK
BANKINDIA, CEATLTD, HDIL, IBREALEST & JINDALSTEL.
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 19/10/2016 531467 ARNAVCORP AJIT KANTAK S 1693371 3.60
2 19/10/2016 512608 BHANDHOS UMESH RAMCHANDRA GOWDA S 1300000 2.98
3 19/10/2016 538575 SURYAMARK DHANLAXMI BUILDERS AND DEVELOPERS PRIV S 1200000 5.32
4 19/10/2016 531467 ARNAVCORP HARRODS TRADING PVT LTD S 1184450 3.65
5 19/10/2016 533176 DQE AKG FINVEST LIMITED B 1036020 26.39
6 19/10/2016 530187 ATHARVENT THINK BULL PRIVATE LIMITED B 900000 3.75
7 19/10/2016 538575 SURYAMARK SARAS DEVELOPERS PRIVATE LIMITED S 712648 5.32
7 19/10/2016 531467 ARNAVCORP GITABEN BANKIMBHAI SHAH S 704180 3.59
7 19/10/2016 531467 ARNAVCORP GITABEN BANKIMBHAI SHAH B 704180 3.55
7 19/10/2016 531467 ARNAVCORP HIMANSHU BHANSALI S 606122 3.63
Corporate Action / Result Calendar
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.
20th Oct 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: 2016.10.20 08:52:03 +05'30'