#ChoiceBroking #MorningTea

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
29th Dec 2016
 US Market:
US stocks fell in low volume on Wednesday in a broad decline triggered in part by a sharp drop in home
resale. Contracts to buy previously-owned US homes fell in November to their lowest level in nearly a year, a
sign that rising interest rates could be weighing on the housing market. The PHLX housing sector index fell 1.2
percent to close at its lowest in three weeks. The S&P 500 posted its largest daily decline since October 11.
The Dow Jones Industrial Average fell 111.36 points, or 0.56 percent, to 19,833.68, the S&P 500 lost 18.96
points, or 0.84 percent, to 2,249.92 and the Nasdaq Composite dropped 48.89 points, or 0.89 percent, to
5,438.56.
 Asian Market:
Asian shares slipped on Thursday after Wall Street suffered a mild setback after weeks of gains, while the
dollar stayed in demand as US government debt offered ever-fatter premiums over euro zone bonds. Japan's
Nikkei lost 0.7 percent, edging away from its recent one-year top. Australia's main index eased 0.4 percent,
having touched a 17-month peak the previous day. MSCI's broadest index of Asia-Pacific shares outside Japan
was off a slight 0.1 percent. The Indian equity market is expected to open flat to negative today tracking Asian
indices. SGX Nifty is trading at 8015 Down by 23 points.
 Govt. makes it illegal to hold old notes post March 31.
 NSE files DRHP for Rs 10,000 crore mega IPO.
 Tata Steel seeks foreign investment for SEZ project in Odisha.
 Rupee hits 4-week low, plunges by 18 paise to 68.24.
 BP buys Australian petrol pump network for $1.3bn.
 BERGERPAINT Buy in the range of 203-206 for Target of 214 with SL of 198
On a daily chart, the stock formed hammer candlestick which is a bullish reversal indication and indicates upside
movement in the counter. Moreover, in last the trading session, the stock has formed long bull candle with above
average volume which suggest accentuated buying activity during the trading session. A momentum indicator RSI
reading is at 46.72 level with positive crossover which points out for positive breath in the stock. So for trading
perspective, one could Buy in the range of 203-206 for Target of 214 with SL of 198.
 APOLLOTYRE Sell in the range of 183-184.50 for Target of 175 with SL of 187
On a daily chart, the stock has formed bearish engulfing candlestick with above average volume which indicates
downside movement. Besides, the stock has been trading below its 21 days moving average which is placed at
191.50 level which shows that near to medium term trend is down. A momentum indicator RSI reading is at 39.88
level with negative crossover which points out for negative breath in the stock. So for trading perspective, one
could Sell in the range of 183-184.50 for Target of 175 with SL of 187.
Stock in News
Global Update
As per Yester’s
Morning Tea,
NATIONALUM Up by 3.39%

2. K.P.R. Mill Limited; Buy Back
Result Calendar:
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
29th Dec 2016
Corporate Action / Result Calendar
CEATLTD, IBREALEST, ORIENTBANK & WOCKPHARMA
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 28/12/2016 533107 RDEL MORGAN STANLEY MAURITIUS COMPANY LIMI B 12322863 54.15
2 28/12/2016 532919 ACIASIA ABJAYONI TRADING PRIVATE LIMITED B 10295336 0.13
3 28/12/2016 532919 ACIASIA ANUMITA INFRASTRUCTURE PRIVATE LIMITED S 10000000 0.13
4 28/12/2016 533107 RDEL VALIANT MAURITIUS PARTNERS OFFSHORE LIM S 6878223 54.15
5 28/12/2016 533107 RDEL VALIANT MAURITIUS PARTNERS LIMITED S 5444640 54.15
6 28/12/2016 531467 ARNAVCORP BULLTEXT REALITY PRIVATE LIMITED S 1490390 2.46
7 28/12/2016 502448 ROLLT VISHWAMURTE TRAD INVEST PE LTD S 1300000 14.10
7 28/12/2016 502465 SPECIAPP MERITORIOUS REALTY PRIVATE LIMITED S 813523 0.51
7 28/12/2016 502465 SPECIAPP BLACK HORSE MEDIA AND ENTERTAINMENT PR B 810710 0.51
7 28/12/2016 502465 SPECIAPP ANUMITA INFRASTRUCTURE PRIVATE LIMITED B 798000 0.55
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,
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.
29th Dec 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: 2016.12.29 08:55:53 +05'30'