The document provides a market summary and analysis for November 25, 2016. It discusses the expected impact of a Trump administration on the US economy and markets, with higher fiscal spending and interest rates. Asian markets are steadying after declines related to Trump's election. The Indian market is expected to open higher, tracking Asian indices. Company-specific news and recommendations to buy certain stocks are also provided, along with result calendars and disclaimers.

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
25th Nov 2016
 US Market:
A Trump administration is expected to boost fiscal spending, inflation and interest rates in the
United States, triggering a dramatic surge in US Treasury yields and the dollar, and in turn sending
capital out of emerging market economies. Wall Street was closed on Thursday for the Thanksgiving
holiday. European markets ended on a positive note, with the Stoxx 600 index gaining 0.3 percent at
the close.
 Asian Market:
Asian stocks steadied on Friday as the Thanksgiving break in the United States pegged the dollar's
relentless surge that had sucked capital out of most emerging markets. MSCI's broadest index of
Asia-Pacific shares outside Japan inched up 0.05 percent on Friday. It is poised to end the week 0.8
percent higher, but remains down almost 2 percent from its close on November 8 before Donald
Trump's surprise election to president, whose protectionist campaign promises are widely seen as
negative for the region. The Indian equity market is expected to open gap Up today tracking Asian
indices. SGX Nifty is trading at 8029.50 Up by 54.50 points.
 HUL's Harish Manwani in race for Tata Sons chairmanship
 Sun Pharma’s Mohali unit violated manufacturing norms, finds US FDA
 Aurobindo Pharma scouts for acquisitions in Europe
 Piramal Fund to lend Rs360 crore for Ozone’s Urbana township project
 Fire at Reliance Industries’ Jamnagar refinery out; production unaffected
 BANKBARODA Buy in range of 166-167.50 for Target of 171 with SL of 164
On daily chart, stock has formed bullish engulfing candlestick with above average volume which indicates for upside
movement. Moreover, stock has been trading above its 21 day moving average which is placed at 159.10 level which
shows that near to medium term trend is up and stock could further accelerates its upside movement from the present
level. A momentum indicator RSI reading is at 54.97 level with positive crossover which point out for positive breath in the
stock. So for trading perspective, one could Buy in range of 166-167.50 for Target of 171 with SL of 164.
 TECHM Buy in range of 457-459 for Target of 470 with SL of 452
On hourly chart, stock has been trading in a higher top higher bottom formation since last five days and it seems that
stock may continue with its ongoing move. Besides, stock has been trading above its 50 day moving average which is
placed at 438.30 level which shows that medium term trend is up. A momentum indicator RSI reading is at 60.90 level
with positive crossover which point out for positive breath in the stock. So for trading perspective, one could Buy in range
of 457-459 for Target of 470 with SL of 452.
Stock in News
Global Update
As per Yester’s
Morning Tea,
ARVIND Up by 2.62%

2. Result Calendar:
BALAJITELE, BATAINDIA, BEML, BOROSIL, GPIL, HATHWAY, ICIL, NAVKARCORP, RCLFOODS,
SHILPAMED, SPICEJET, TIDEWATER, UFLEX & WATERBASE.
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
25th Nov 2016
Corporate Action / Result Calendar
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 24/11/2016 590078 MAITHANALL MADHUR AGARWALLA B 5397357 201.01
2 24/11/2016 512455 LLOYDSME UTTAM EXPORTS PRIVATE LIMITED S 1950000 13.00
3 24/11/2016 530187 ATHARVENT BHARTHE SARDA B 1200000 1.84
4 24/11/2016 590078 MAITHANALL AMIT AGARWALLA S 1179600 201.04
5 24/11/2016 590078 MAITHANALL SUMIT AGARWALLA S 955100 201.36
6 24/11/2016 590078 MAITHANALL BOMBAY VYAPAR PRATISTHAN S 777300 201.00
7 24/11/2016 590078 MAITHANALL shankar lal agarwalla B 600000 203.00
7 24/11/2016 590078 MAITHANALL PRAHLAD RAI AGARWALLA B 550000 203.00
7 24/11/2016 590078 MAITHANALL MADHUR AGARWALLA S 538800 201.00
7 24/11/2016 590078 MAITHANALL NIDHI AGARWALLA S 513000 201.00
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,
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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.
25th Nov 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: 2016.11.25 08:29:01 +05'30'