- US stocks ended lower as gains in healthcare were offset by losses in telecoms following disappointing earnings from Verizon. The Dow and S&P 500 closed slightly lower while the Nasdaq dipped 0.09%. - Asian stocks slipped with crude oil prices falling, dampening risk sentiment. The dollar hovered near a seven-month high against its peers as the ECB shot down talk of tapering its monetary easing. - Two stocks, JKLAKSHMI and VIPIND, are recommended as buy opportunities based on technical analysis showing breakouts, rising trends, and momentum indicators pointing to further upside.

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Morning Tea
21st Oct 2016
 US Market:
US stocks ended a choppy session on Thursday with a slight decline as investors digested the latest round of earnings,
with a sharp drop in telecoms offset by gains in healthcare. Telecoms were down 2 percent, their biggest percentage
decline in five weeks, as Verizon lost 2.5 percent. The company added fewer than expected wireless subscribers in the
third quarter and revenue fell short of expectations. Despite the big gain in AmEx shares, the financial sector closed
down slightly, off 0.02 percent as property and casualty insurer Travelers dropped 6.1 percent after reporting a steep
drop in profit. The Dow Jones industrial average fell 40.27 points, or 0.22 percent, to 18,162.35, the S&P 500 lost 2.95
points, or 0.14 percent, to 2,141.34 and the Nasdaq Composite dropped 4.58 points, or 0.09 percent, to 5,241.83.
Asian Market:
Asian stocks slipped on Friday with a fall in crude oil prices dampening investor risk sentiment, while the dollar hovered
near a seven-month high against an index of peers. The dollar was boosted by a fall in the euro after the European
Central Bank shot down talk it was contemplating tapering its monetary easing - sending the euro lower. MSCI's broadest
index of Asia-Pacific shares outside Japan was down 0.2 percent. South Korea's Kospi lost 0.4 percent and Australian
stocks shed 0.3 percent. Japan's Nikkei bucked the trend and rose 0.2 percent , brushing a six-month high, as the yen
weakened against the dollar. The Indian equity market is expected to open flat today tracking Asian indices. SGX Nifty is
trading at 8708.50 Up by 1.50 points.
 Debit card data theft: Finance Ministry, RBI seek report
 Telcos pay over Rs 32,400 cr to govt for spectrum purchase
 Sugar mills likely to default on debt worth Rs 11,000 crore
 RIL Q2 consolidated net down 23% at Rs 7,206 cr
 LIC Housing Fin logs 20% rise in net profit
 Ashok Leyland bags ₹1,140 cr order from Tanzania
 Reliance Jio says adding 0.6-1.1 million customers every day
 JKLAKSHMI Buy in range of 506-509 for Target of 520 with SL of 500
On daily chart, stock has formed Marubozu candlestick with above average volume which indicates for accentuated
buying activity during last trading session. Moreover, stock has given breakout of its last four days trading range which
also suggest for robust upside movement in the counter. A momentum indicator RSI reading is at 61.71 with positive
crossover which point out for positive breath in the stock. So for trading perspective, one could Buy in range of 506-509
for Target of 520 with SL of 500.
 VIPIND Buy in range of 146-148.50 for Target of 153 with SL of 143.70
On daily chart, stock has been continuously trading above its 21 day moving average which is placed at 136.85 level which
shows that near term trend is up and stock could further accelerates its upside movement from the present level.
Besides, volume is increasing with every rise in price which also indicates that buying momentum is taking placed
gradually in the counter. A momentum indicator RSI reading is at 65.95 level with positive crossover which point out for
positive breath in the stock. So for trading perspective, one could Buy in range of 146-148.50 for Target of 153 with SL of
143.70.
Stock in News
Global Update

2. BANKINDIA, CEATLTD, HDIL, IBREALEST & JINDALSTEL.
Infosys Limited; Interim Dividend Rs 11/- Per Share (Purpose Revised)
CRISIL Limited; Third Interim Dividend Rs 7/- Per Share (Purpose Revised)
Result Calendar:
3IINFOTECH, ACC, AKZOINDIA, ALKADIA, APARINDS, ARTSONEN, ATUL, AVAILFC, BHAGIL,
BOMBWIR, CAIRN, CIANAGRO, CNIRESLTD, EQUITAS, EVERESTIND, GHCL, GMM, HARPOLY,
IBULHSGFIN, IONEXCHANG, JSWHL, KICL, KIRLOSENG, KSL, LLOYDSTEEL, MADHUSE,
MENONBE, MINDTREE, OBEROIRLTY, ONWARDTEC, OPTIFIN, RANEENGINE, RPGLIFE, SBBJ,
SIMPLXREA, SKFINDIA, TATASPONGE, TRIDENT, TRITONV, UNICHEMLAB, VGUARD, WIPRO,
ZEELEARN, ZUARI, ZUARIGLOB.
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
21st Oct 2016
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 20/10/2016 531467 ARNAVCORP ASHOKBHAI CHIMANLAL PARMAR B 3906635 3.91
2 20/10/2016 531467 ARNAVCORP ASHIRWAD INVESTMENTS PRIVATE LIMITED S 3787000 3.92
3 20/10/2016 531467 ARNAVCORP ASHOKBHAI CHIMANLAL PARMAR S 3638585 3.93
4 20/10/2016 534060 PMCFIN VIBRANT SECURITIES PRIVATE LIMITED S 3149663 0.71
5 20/10/2016 534060 PMCFIN VIBRANT SECURITIES PRIVATE LIMITED B 2998375 0.71
6 20/10/2016 531467 ARNAVCORP KAMLESHBHAI KANTIBHAI LATHIGARA S 1939000 3.96
7 20/10/2016 500179 HCL-INSYS VIREET INVESTMENTS PVT LIMITED B 1825703 55.45
7 20/10/2016 500179 HCL-INSYS NINA PURI S 1825703 55.45
7 20/10/2016 538575 SURYAMARK DHANLAXMI BUILDERS AND DEVELOPERS PRIV S 1600000 5.54
7 20/10/2016 538575 SURYAMARK SARAS DEVELOPERS PRIVATE LIMITED S 1580000 5.55
Corporate Action / Result Calendar
Security in Ban
Bulk Deal

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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
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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
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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
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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.
21st 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: 2016.10.21 08:43:27 +05'30'