#ChoiceBroking #MorningTea

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
23rd Feb 2017
 World Market:
 The S&P 500 ended modestly weaker on Wednesday, holding losses after minutes from the Federal
Reserve's last meeting kept alive a potential near-term interest rate hike.
 Many Fed policymakers said it may be appropriate to raise rates again "fairly soon" should jobs and
inflation data come in line with expectations, according to the minutes of the Fed's January 31-Feb. 1
discussion released on Wednesday. Ahead of the release of the minutes, traders were expecting a 27-
percent chance of a rate hike at the Fed's March meeting, and a 53-percent chance in May, according to
Thomson Reuters data.
 The S&P 500 lost 2.56 points, or 0.11 percent, to 2,362.82 and the Nasdaq Composite dropped 5.32
points, or 0.09 percent, to 5,860.63. But the Dow Jones Industrial Average rose 32.6 points, or 0.16
percent, to 20,775.6.
 Asian Market:
 Asian stocks pulled back from a 19-month high on Thursday, while the dollar tried to steady from losses
suffered in the wake of the US Federal Reserve minutes indicating a cautious approach to more interest rate
increases.
 MSCI's broadest index of Asia-Pacific shares outside Japan was fractionally lower. Japan's Nikkei slid 0.1
percent, while Australian shares retreated 0.3 percent.
 The Indian equity market is expected to open flat today tracking Asian indices. SGX Nifty is trading at 8929.50,
Up by 11.50 points.
 Softbank looks to pick up stake in the Vodafone-Idea combine
 Urjit Patel sees a better Q4 on faster remonetisation
 RIL’s Rs 39K cr gain in m-cap was worth the big ‘Idea’
 TCS to remain net cash positive despite Rs16K cr buyback: S&P
 Bharat Electronics’ offer-for-sale subscribed 2.34 times by institutional buyers
 HEXAWARE Buy in the range of 218-220 for Target of 226 with SL of 214
On a daily chart, the stock has given a breakout of its range bound move with above average volume which
indicates robust upside movement in the counter. Besides, the stock has been trading above its 200 days moving
average which is placed at 206.85 level which shows that the stock has enough strength to move ahead. A
momentum indicator RSI reading is at 67.70 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 218-220 for Target of 226 with SL of 214.
 KANSAINER Buy in the range of 362-365 for Target of 374 with SL of 357
On an hourly chart, the stock has been trading in a higher top higher bottom formation since last four days.
Furthermore, the stock has been continuously trading with its strong support of 21 days moving average which is
placed at 351.80 level which shows that near to medium-term trend is up. A momentum indicator RSI reading is at
62.90 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 362-365 for Target of 374 with SL of 357.
Stock/Sector - News
Global Update

2. Natco Pharma Limited; Interim Dividend Rs 6/- Per Share
CESC Limited; Interim Dividend Rs 10/- Per Share (Purpose Revised)
Result Calendar:
MAHINDCIE, RAIN, SOTL, STOVACQ
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
23rd Feb 2017
Corporate Action / Result Calendar
CEATLTD, GRANULES, IBREALEST, JINDASTEL, JPASSOCIAT, RCOM, TV18BRDCST & WOCKPHARMA
Security in Ban
Bulk Deal
Deal Date Security Code Security Name Client Name Deal Type Quantity Price
22/02/2017 530245 ARYAMAN MANLIKE CHEMICAL AND PHARMACHEUTICAL COM S 275,000 21.45
22/02/2017 535667 IFINSEC TIA ENTERPRISES PRIVATE LIMITED B 171,249 19.15
22/02/2017 535667 IFINSEC MAHESH KUMAR KUMAWAT S 170,000 19.15
22/02/2017 511589 AVONMORE NAVJEET SOBTI B 151,000 13
22/02/2017 539265 AMRAFIN SANGUINE MEDIA LIMITED S 120,000 100
22/02/2017 530245 ARYAMAN REKHA SHARMA B 115,700 21.45
22/02/2017 538928 KARNAVATI JAYESHBHAI ROHITBHAI KACHHIYA S 110,000 15
22/02/2017 538928 KARNAVATI JAYESHBHAI ROHITBHAI KACHHIYA B 110,000 15.01
22/02/2017 538928 KARNAVATI NNM SECURITIES PVT LTD S 110,000 15.01
22/02/2017 538928 KARNAVATI PRAVIN JUGALKISHOR DADLIKA B 110,000 15

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.
23rd 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: 2017.02.23 08:47:57 +05'30'