#ChoiceBroking #MorningTea

1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
30th Nov 2016
 US Market:
US stocks edged higher on Tuesday as an upbeat outlook from UnitedHealth lifted health insurers, though a sharp
drop in oil prices weighed on energy shares and limited the advance. The day's small gains followed a decline in
the market on Monday. Analysts said the post-US election rally may be losing momentum, with the S&P 500 now
up roughly 8 percent for the year to date. Wall Street has risen sharply following Donald Trump's White House win,
helped in part by investor expectations that his plans to increase infrastructure spending, cut corporate taxes and
reduce regulation will boost the economy. The Dow Jones industrial average rose 23.7 points, or 0.12 percent, to
19,121.6, while the S&P 500 gained 2.94 points, or 0.13 percent, to 2,204.66. The Nasdaq Composite added 11.11
points, or 0.21 percent, to end at 5,379.92, after hitting a record intraday high.
 Asian Market:
Asian stocks edged higher on Wednesday reflecting upbeat US growth news while oil steadied after a sharp drop
overnight as OPEC struggled to agree on a glut-draining production cut. MSCI's broadest index of Asia-Pacific
shares outside Japan was up 0.1 percent in early trades. It is poised to post a second consecutive monthly loss.
Early action in Asian stocks was just as guarded with Australia down 0.16 percent, the Nikkei flat and South Korea
up 0.2 percent. The Indian equity market is expected to open flat today tracking Asian indices. SGX Nifty is trading
at 8187.50 Up by 14 points.
 Fitch lowers GDP growth forecast to 6.9% from 7.4%
 Tata Power calls EGM to remove Cyrus Mistry
 China agrees to import basmati rice from 14 major Indian mills
 Lok Sabha passes IT Act amendment to tax unexplained deposits
 RBI expected to cut rates ‘aggressively’: SBI study
 KAJARIACER Buy in range of 531-534 for Target of 548 with SL of 525
On daily chart, stock has been trading in a higher top higher bottom formation since last many days. Moreover,
volume is increasing with gradually with rise in price which suggests accentuated buying activity. A momentum
indicator RSI reading is at 45.55 level with positive crossover which point out for positive breath in the stock.
So for trading perspective, one could Buy in range of 531-534 for Target of 548 with SL of 525.
 DEEPAKFERT Buy in range of 193-195 for Target of 201 with SL of 190
On hourly chart, stock has given breakout of its 190-191 resistance zone with above average volume which
indicates for robust upside movement. Moreover, recently stock has taken support of its 200 day moving
average which is placed at 175.35 level which shows that stock has enough strength to move ahead. A
momentum indicator RSI reading is at 45.85 level with positive crossover which point out for positive breath in
the stock. So for trading perspective, one could Buy in range of 193-195 for Target of 201 with SL of 190.
Stock in News
Global Update

2. Result Calendar:
BALKRISIND, BELLGRP, GVKPIL, MANINFRA, PUNJLLOYD, RATNAMANI & TENTIMETAL
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
30th Nov 2016
Corporate Action / Result Calendar
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 29/11/2016 533264 ESL STARBRIDGE FINANCE LTD S 12050000 2.96
2 29/11/2016 507836 MCCHRLS-B EMBASSY PROPERTY DEVELOPMENTS PRIVATE B 2873800 642.55
3 29/11/2016 507836 MCCHRLS-B CHATRABHUJ BASSARMAL PARDHANANI S 2873800 642.55
4 29/11/2016 533605 PRAKASHCON RAJANI MANOHARLAL SIRWANI S 1340919 5.87
5 29/11/2016 530187 ATHARVENT BHARTHE SARDA B 1160000 1.87
6 29/11/2016 533605 PRAKASHCON BP FINTRADE PRIVATE LIMITED B 1000008 5.85
7 29/11/2016 533605 PRAKASHCON ANUP SHYAMSUNDER KARWA S 1000000 5.85
7 29/11/2016 538520 SBL RAJENDRA GANGARAM GODHAR B 789660 0.75
7 29/11/2016 533605 PRAKASHCON JMP SECURITIES PVT LTD B 745453 5.88
7 29/11/2016 533605 PRAKASHCON RAJANI MANOHARLAL SIRWANI B 728336 5.87
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.
30th 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: 2016.11.30 08:28:00 +05'30'