1) ARSS Infrastructure Projects Ltd received a work order worth Rs. 135.45 crore from South East Central Railway, Bilaspur for a civil construction joint venture project. 2) Technical outlook suggests buying ARSS Infrastructure stock between Rs. 84-85 with a target of Rs. 88 and stop loss of Rs. 83.50. 3) Ahluwalia Contracts received notice from Patna authorities to stop construction of two projects due to lack of approval of the city's master plan as required by regulations.

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Global View
India Update
Today’s Event/ Stock in News
ARSS Infrastructure Projects Ltd, which engages in the civil construction activities, on Tuesday said that it’s one of the Joint Venture
company (JV) i.e. ARSS-SIPS (JV) has received a work order amounting to Rs 135.45 crore from South East Central Railway, Bilaspur. The
company executes contracts in various infrastructure projects, including railway, road, urban, marine, power, bridge, real estate and
irrigationprojects.Itprimarilyservesgovernment,publicsectorundertakingsandothergovernmentagencies.
Technical Outlook: On daily chart, stock has been trading in a range bound move however it has been trading above its 100 day moving
average which shows that medium term trend is up and stock could further accelerates its upside movement from the present level.
Besides, stockhasmultiplesupportat84 levelwhichindicates for bounce backmove inthe counter. AnhourlyStochasticindicatorreading
isat15.92levelinoversoldzonewhichpointoutforpositivebreathinthe stock.Sofortradingperspective,onecouldBuyinrangeof84-85
forTargetof88withSLof83.50.
ARSSINFRA
AHLUCONT
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Morning Tea
28th Sep 2016
Sell in range of 300-302 for Target of 294 with SL of 305
Buy in range of 84-85 for Target of 88 with SL of 83.50
InfrastructuredeveloperAhluwaliaContracts(India)LtdonTuesdaysaidithasreceivedletterfromBuildingConstructionDepartment(BCD)
Patna, for stopping of construction of International Convention Centre (ICC) and Police Headquarter Bhawan in Patna on National Green
Tribunal’s(NGT’s) order.NGT has directed thatPatna Master Planwasnotyetapprovedandthe approval of the master plan ismandatory
requirementunderMOEFnotificationinrespectofconstructionswithbuilt-upareaof20,000sq.mtrs.ormore,itsaid.
Technical Outlook: On daily chart, stock has been facing strong resistance at 320-310 level which indicates for weakness in the counter.
Moreover,stockhasgivenclosebelowits21daymovingaveragewhichisplacedat302.95levelwhichshowsthatneartermtrendisdown
and stock could further plunge from the present level. An hourly Stochastic indicator reading is at 88.85 level in overbought zone which
pointoutfornegativebreathinthestock.Sofortradingperspective,onecouldSellinrangeof300-302forTargetof294withSLof305.
Asian stocks edged up early on Wednesday following an overnight rise for US stocks, while reduced hopes that a meeting of major
producers would reduce an oversupply weighed heavily on crude oil prices. MSCI's broadest index of Asia-Pacific shares outside
Japan rose 0.1 percent. Australian stocks were up 0.5 percent while South Korea's Kospi was flat. Japan's Nikkei was last down 1.1
percent.TheIndianequitymarketisexpectedtoopenflattonegativetodaytrackingAsianindices.SGXNiftyistradingat8710Down
by13.50points.
Consumerandtechnologystocks, including Amazon, ledgainsonWallStreetonTuesday, while a perceived winbyDemocrat Hillary
Clinton in Monday's first presidential debate gave broader support to equities. The S&P 500 technology sector rallied 1.15 percent,
poweredbya 1.85 percentgaininMicrosoft anda 1.08 percent rise inFacebook.Followingthe firstofthree presidentialdebateson
Monday, Republican candidate Donald Trump vowed to hit Clinton harder after she put him on the defensive. With six weeks until
the Nov. 8 vote, some investors see the neck-and-neck contest sparking volatility in sectors including health insurers, drugmakers
andindustrials. Intheir first increasesinthreesessions,the Dow Jones industrial average rose 0.74 percentto endat 18,228.3 points
andtheS&P500gained0.64percentto2,159.93.TheNasdaqCompositeadded0.92percentto5,305.71.

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Morning Tea
28th Sep 2016
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Bulk Deal
Security in Ban
CEATLTD, DLF, IBREALEST, IDBI, JETAIRWAYS, JINDALSTEL, JISLJALEQS, JPASSOCIAT, RCOM,
RELCAPITAL, SINTEX & WOCKPHARMA
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 27/09/2016 536738 STELLAR GEET INFRACON PRIVATE LIMITED S 1008000 9.83
2 27/09/2016 536738 STELLAR TIA ENTERPRISES PRIVATE LIMITED B 756000 9.85
3 27/09/2016 536738 STELLAR MBMBEARINGS (RAJASTHAN) P LTD S 726000 9.65
4 27/09/2016 536738 STELLAR SRK TRADELINKS PRIVATE LIMITED B 720000 9.64
5 27/09/2016 531499 SYBLY CCL INTERNATIONAL LIMITED S 516422 11.61
6 27/09/2016 531499 SYBLY DINESH SHAH S 472129 11.82
7 27/09/2016 531499 SYBLY DINESH SHAH B 472129 11.78
7 27/09/2016 531499 SYBLY ANKUR TUKARAMMAYEKAR S 461703 11.90
7 27/09/2016 531499 SYBLY ANKUR TUKARAMMAYEKAR B 461703 11.77
7 27/09/2016 536738 STELLAR AUTOLITE AGENCIES PRIVATE LIMITED B 258000 9.75
Corporate Action / Result Calendar
Rural Electrification Corporation Limited; Bonus 1:1
Gammon Infrastructure Projects Limited; Annual General Meeting
BF Utilities Limited; Annual General Meeting
BF Investment Limited; Annual General Meeting
Result Calendar:
UBHOLDINGS

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Date: 2016.09.28 08:44:45 +05'30'