#ChoiceBroking #MorningTea - Global View: US stocks were modestly lower on Thursday, weighed down by a drop in healthcare and consumer names, while financials advanced slightly after two more Federal Reserve officials pushed the case for a rate hike.

1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
IndianOilCorp(IOC),nation's largestoil firm,will nextweekconsiderissuingbonussharestoits shareholderstocapitalisepartofthe
reserves. IOC will be the second state-owned oil company after Hindustan Petroleum Corp Ltd (HPCL) to consider issuing bonus
sharesfollowingagovernmentdirective.Thegovernmenthadwrittentoallprofit-makingpublicsectorunitstoconsiderbuyingback
sharesorissuingbonussharestoputtheirsurpluscashtouseandgivingtheirowner,thegovernment,morevalue.
Technical Outlook: On daily chart, stock has been trading with its strong support of 21 day moving average which is placed at
552.80, which shows that near term trend is up. Moreover, stock has taken support of 540 level, a level which acted as strong
support in past, indicates for upside movement. A momentum indicator RSI reading is at 62.40 level with positive crossover, which
point out for positive breath in the stock. So for trading perspective, one could Buy in range of 567-570 for Target of 582 with SL of
561.
IOC
HCLTECH
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
26th Aug 2016
Buy in range of 794-798 for Target of 814 with SL of 786
Buy in range of 567-570 for Target of 582 with SL of 561
Noida-headquartered HCL Technologies says it is carving out three ‘focus pillars’ of growth. In an analyst meet on Thursday, the
management said areas such as cloud services, the internet of things (IoT), security services and beyond-digital had the potential to
grow 20-30 per cent yearly. The management met analysts to provide insights on their offerings and the thinking on market
dynamics. The company outlined three modes of growth. First, bringing automation to traditional areas. Second, a focus on cloud
services,IoT,securityservicesandbeyonddigital.Third,athrustonIP(intellectualproperty)-orientedproductsandplatforms.
Technical Outlook: Ondailychart,stockhasmanagedtocloseaboveits21daymovingaveragewhichisplacedat795level,which
shows that near term trend has changed to up. Moreover, stock is trading near to its lower band of rising wedge pattern on hourly
chart, which indicates that stock could give bounce back move. A momentum indicator RSI reading is at 57.28 level with positive
crossover,whichpointoutforpositivebreathinthestock.Sofortradingperspective,onecouldBuyinrangeof794-798forTargetof
814withSLof786.
Asia opened lower on Friday, after most local markets remained relatively flat throughout the week as traders stayed on the sidelines,
waiting for clues about US interest rates from Jackson Hole. In Australia, the ASX 200 was down 0.2 percent, with most sectors falling in
early trade. Japan's Nikkei 225 sold off 0.84 percent, after government datareleased before market open showed the country's consumer
prices for July fell, prompting concerns over the effectiveness of government stimulus. Across the Korean Strait, the Kospi declined 0.58
percent. The Indian equity market is expected to open flat to up today tracking Asian indices. SGX Nifty is trading at 8660 up by 18.50
points.
US stocks were modestly lower on Thursday, weighed down by a drop in healthcare and consumer names, while financials advanced
slightly after two more Federal Reserve officials pushed the case for a rate hike. Comments from Kansas City Fed President and voting
member Esther George, as well as Dallas Fed President Robert Kaplan, followed the hawkish tone set by key Fed policymakers in recent
days. They cameaheadof FedChair JanetYellen's speechontodayatJacksonHole,whichinvestorsarelikelytoassess for thelikelihoodof
arate hike.The Dow Jonesindustrialaveragefell 33.07 points, or 0.18 percent,to18,448.41, the S&P500 lost 2.97 points,or 0.14 percent,
to2,172.47andtheNasdaqCompositedropped5.49points,or0.11percent,to5,212.20.

2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
26th Aug 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Power Finance Corporation Limited; Bonus 1:1
Alps Industries Limited; Annual General Meeting
Hexaware Technologies Limited; Annual General Meeting
Finolex Cables Limited; Annual General Meeting/Final Dividend Rs.2/- Per Share And One Time
Special Dividend Rs.0.50/- Per Share
Transport Corporation of India Limited; Scheme Of Arrangement
Century Extrusions Limited; Annual General Meeting
KRBL Limited; Annual General Meeting
Result Calendar:
ABBOTINDIA, ALANKIT, FINOLEXIND, GAYAPROJ, GIPCL, JBCHEPHARM, JBFIND, KELENRG, NET4,
PGHH, PRATIBHA, SHILPAMED, TATAMOTORS, TRIVENI, TULSYAN
Corporate Action / Result Calendar
Bulk Deal
Security in Ban
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 25/08/2016 530187 ATHARVENT PRANAY RAMESH MEHTA S 1623005 2.02
2 25/08/2016 531934 SUPREMETEX SANTOSH GAJANDER SINGH B 1223742 8.68
3 25/08/2016 533144 COX&KINGS SMALLCAP WORLD FUND INC S 1043000 180.01
4 25/08/2016 531934 SUPREMETEX SANTOSH GAJANDER SINGH S 923543 8.72
5 25/08/2016 530187 ATHARVENT TRUSHA PRANAY MEHTA S 885000 2.03
6 25/08/2016 526723 NTCIND SUNDAR LAL DUGAR S 620700 53.10
7 25/08/2016 526723 NTCIND LOKA PROPERTIES PVT LTD B 620700 53.10
7 25/08/2016 531499 SYBLY DINESH SHAH S 561194 11.21
7 25/08/2016 531499 SYBLY CCL INTERNATIONAL LIMITED S 534490 11.35
7 25/08/2016 531499 SYBLY DINESH SHAH B 493329 11.34

3. SEBI Certified – Research Analyst www.choiceindia.com
Contact Us
www.choiceindia.com
www.choiceindia.comcustomercare@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.
SEBI Certified – Research Analyst www.choiceindia.com
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
Morning Tea
26th Aug 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Kunal Parmar
Digitally signed by Kunal Parmar
DN: cn=Kunal Parmar, o=Choice Equity Broking
Pvt Ltd., ou=Research Dept,
email=kunal.parmar@choiceindia.com, c=IN
Date: 2016.08.26 08:39:18 +05'30'