Gayatri Projects reported a 50.9% rise in net profit to Rs. 16.14 crore for the first quarter ended June 30, 2016 compared to the same period last year. Total income from operations increased 6.75% to Rs. 432.44 crore. Other income rose 90.25% to Rs. 7.42 crore. Tata Motors reported a 57% fall in April-June quarter profit to Rs. 2,260.4 crore due to adverse foreign exchange impact on its British arm JLR from Brexit. Most Asian markets slipped while the US dollar held firm after Yellen indicated a US interest rate hike remains possible this year. The Indian market is expected

1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Gayatri Projects, the flagship firm of the Gayatri Group having interests in infrastructure, power, hospitality and real estate has
reported that its standalone net profit for the first quarter ended June 30, 2016 climbedby 50.9 per cent at Rs 16.14 crore from the
same period a year ago as other income surged. Total income from operations climbed 6.75 per cent at Rs 432.44 crore in Q1 FY
2016-17 from Rs 405.09 crore in the same period a year ago. Other income climbed 90.25 per cent at Rs 7.42 crore in Q1 FY 2016-
17fromRs3.9croreinthesameperiodayearago.
Technical Outlook: On daily chart, stock has been trading in a higher top higher bottom formation since last many days and it
seems that stock could likely to continue with its ongoing move. Besides, stock has been trading with its strong support of 21 day
movingaveragewhichisplacedat657.10level,whichshowsthatneartermtrendisup.AmomentumindicatorhourlyRSIreadingis
at 41.45 level and reading is near to its good support of 40 marks, which point out for positive breath in the stock. So for trading
perspective,onecouldBuyinrangeof695-700forTargetof715withSLof688.
GAYAPROJ
TATAMOTORS
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
29th Aug 2016
Sell in range of 503-505 for Target of 492 with SL of 510.50
Buy in range of 695-700 for Target of 715 with SL of 688
India’s leading automobilemanufacturer Tata Motors Ltdon Friday reported a fallof 57 per cent inits April-June quarter earnings of
FY17 and has posted a consolidated net profit of Rs 2,260.4 crore, on the back of post Brexit adverse foreign exchange impacting its
British arm JLR. JLR wholesales and retails (both excluding China JV) for the quarter were 1,20,776 units and 1,18,704 units
respectively.ChinaJVwholesalesandretailsforthequarterwere13,558unitsand14,059units.
Technical Outlook: On daily chart, stock has been facing strong resistance of 520 level, which indicates for weakness in the
counter. Moreover, stock has closed below its 21 day moving average which is placed at 504.90 level which further signs for
downside movement. A momentum indicator RSI reading is at 52.45 level with negative crossover, which point out for positive
breathinthestock.Sofortradingperspective,onecouldSellinrangeof503-505forTargetof492withSLof510.50.
Most Asian share markets slipped today while the US dollar held firm on Monday after US Federal Reserve Chair Janet Yellen indicated an
interest rateincreaseremains on the cards for thisyear. MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.7 percent. Japan's
Nikkei, bucked the trend and climbed 2.2 percent as the yen weakened against the resurgent dollar. The Indian equity market is expected
toopenflattodowntodaytrackingAsianindices.SGXNiftyistradingat8598downby29points.
US stocks endedmodestlylower after avolatile sessiononFriday,having bouncedbetweengains andlossesas investorswrestledwith the
likely timingofaUS interestratehike following comments fromtop FederalReserveofficials.The S&P500 rose after FedChair JanetYellen
saidthecaseforraisingrateshadstrengthenedbutdidnotindicatewhentheFedwouldact.Yellentoldagatheringofcentralbankersfrom
around the world in Jackson Hole, Wyoming, the US economy was nearing the central bank's goals of maximum employment and price
stability but that future hikes should be "gradual". Stocks later traded lower after hawkish comments from Fed Vice Chair Stanley Fischer
raised the possibility of a rate hike as soon as next month. Dow Jones industrial average fell 53.01 points, or 0.29 percent, to 18,395.4, the
S&P500lost3.43points,or0.16percent,to2,169.04andtheNasdaqCompositeadded6.71points,or0.13percent,to5,218.92.

2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
29th Aug 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
MM Forgings Limited; Annual General Meeting/Interim Dividend - Rs 5/- Per Share
JK Lakshmi Cement Limited; Annual General Meeting/Dividend - Re 0.25/- Per Share
Bayer Cropscience Limited; Annual General Meeting/Dividend Rs 17/- Per Share
KEI Industries Limited; Annual Genaral Meeting/ Dividend - Re 0.50/- Per Share (Book Closure Start
Date Revised)
Result Calendar:
ASHOKA, BANARISUG, DLF, ECLERX, GMDCLTD, IOC, MOIL, NAHARINDUS, PRAKASH, RCF,
ROHITFERRO, SRIPIPES, TULIPSTA
Corporate Action / Result Calendar
Bulk Deal
Security in Ban
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 26/08/2016 530187 ATHARVENT PRANAY RAMESH MEHTA S 2350023 2.02
2 26/08/2016 512608 BHANDHOS VALUE PLUS SHARES N SECURITIES PRIVATE LIM B 847612 3.38
3 26/08/2016 524037 RAMAPHO LAJWANTI RAMSINGHANI DAULAT S 775000 61.10
4 26/08/2016 524037 RAMAPHO JUPITER CORPORATE SERVICES PRIVATE LIMITE B 775000 61.10
5 26/08/2016 531934 SUPREMETEX SANTOSH GAJANDER SINGH S 514640 9.12
6 26/08/2016 531934 SUPREMETEX SANTOSH GAJANDER SINGH B 333450 9.02
7 26/08/2016 532485 BLIL CD EQUIFINANCE PRIVATE LIMITED B 250000 344.85
7 26/08/2016 532485 BLIL CHANDRAVADAN DESAI S 249700 344.85
7 26/08/2016 531712 TRILOGIC SUDHIR MURLIDHAR SINGH S 201590 4.51
7 26/08/2016 512608 BHANDHOS VALUE PLUS SHARES N SECURITIES PRIVATE LIM S 127639 3.26

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
29th 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: 2016.08.29 08:37:04 +05'30'