World markets posted their largest drop in 2017 as investors worried that Trump's immigration policies were not market-friendly. Technology stocks weighed on indices as the sector has opposed restrictions. Asian shares fell on Tuesday as Trump's travel ban brought attention to his plans to enact radical campaign promises. Indian markets are expected to open lower tracking declines in Asian indices. Several Indian companies announced quarterly results, board meetings, and corporate actions in the coming days.

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Morning Tea
31st Jan 2017
 World Market:
Major US stock indexes posted their largest drop so far in 2017 on Monday as investors worried that a curb on
immigration ordered by Donald Trump was a reminder that some of the US president's policies are not market-friendly.
US equities had hit a series of record highs following Trump's election in November, encouraged by his promise of tax
cuts and simpler regulations. Technology, a sector which has openly opposed bans on immigration and hurdles to hiring
foreign talent, weighed the most on the S&P 500. The Dow Jones Industrial Average fell 122.65 points, or 0.61 percent,
to close at 19,971.13, the S&P 500 lost 13.79 points, or 0.60 percent, to 2,280.9 and the Nasdaq Composite dropped
47.07 points, or 0.83 percent, to 5,613.71.
 Asian Market:
Asian shares were on the defensive on Tuesday as stringent curbs on travel to the US ordered by President Donald
Trump brought home to investors that he is serious about putting his radical campaign pledges into action. Global
stocks posted their biggest loss in six weeks after Trump signed an executive order on Friday to bar Syrian refugees
indefinitely and suspend travel to the United States from seven Muslim-majority countries, sparking widespread
protests. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 percent while Japan's Nikkei dropped 1.1
percent. The Bank of Japan ends a monetary meeting later on Tuesday and is widely expected to keep policy on hold.
The Indian equity market is expected to open gap down today tracking Asian indices. SGX Nifty is trading at 8627.50
Down by 26.50 points.
 Voda, Idea in merger talks; experts cite regulatory challenges.
 ICICI Bank Q3 profit seen down 28%, slippages may hit earnings.
 SBI Life may offer 10% stake in IPO.
 SEBI show-cause notice to CRISIL, CARE in Amtek rating case.
 Srei Infra NCDs subscribed 58% on day 1.
 RDEL Buy in the range of 61.50-62.50 for Target of 66 with SL of 60
On a daily chart, the stock has given a breakout of its upper band of an upward rising channel which indicates a
continuation of a trend. Moreover, the stock has given close above its 200 days moving average which is placed at 60.70
level which shows that stock has gained enough strength to move forward. A momentum indicator RSI reading is at 73.80
level with a positive crossover which points out for positive breath in the counter. So for trading perspective, one could
Buy in the range of 61.50-62.50 for Target of 66 with SL of 60.
 GSPL Buy in the range of 158-159.50 for Target of 165 with SL of 155
On a daily chart, the stock has formed long bull candlestick with healthy volume which indicates accentuated buying
activity during last trading session. Moreover, the stock been trading with a strong support of 152 level based on which
we may see good upside in the counter. A momentum indicator RSI reading is at 68.30 level with a positive crossover
which points out for positive breath in the stock. So for trading perspective, one could Buy in the range of 158-159.50 for
Target of 165 with SL of 155.
Stock in News
Global Update

2. Persistent Systems Limited; Interim Dividend Rs 6/- Per Share (Purpose Revised)
D.B.Corp Limited; Interim Dividend Rs 4/- Per Share
Siemens Limited; Dividend - Rs 6/- Per Share
Result Calendar:
ABANSENT, ACROW, ADMANUM, AKZOINDIA, ANSHNCO, ASAHISONG, ASHRAM, AVIVA, BAJAJ-AUTO,
BAJAJHLDNG, BEEYU, BENGALASM, BHAGYFN, BHARATGEAR, BINNYMILLS, BLSINFOTE, BOMBCYC,
BOMBPOT, BPL, BRANDREAL, CADILAHC, CAPF, CAREERP, CEEJAY, CENTURYPLY, CENTURYTEX,
CHEVIOT, CONFINT, CUPID, CYBERTECH, DABUR, DALALSTCOM, DUGARHOU, DUTRON, ECS, ECSTSTL,
ELANGO, EMAMIPAP, EPCIN, EVERTEX, FCSSOFT, FLORATX, FORTUNEF, FSL, FUNWTRD, GCCL,
GCCLINP, GEEFC, GENUSPOWER, GHCL, GLOSTER, GOLDCORP, GORANIN, GRAVISSHO, GSLSEC, GTL,
GUJCRED, HAWKINCOOK, HCL-INSYS, HINDBIO, ICICIBANK, ICL, IDFC, IFBIND, INCAP, INDIGO,
INTLCOMBQ, INTRGLB, IOC, JAICORPLTD, JENBURPH, JLMORI, JRFOODS, JSWSTEEL, KALYANIFRG,
KANSAINER, KEC, KEDIACN, KIRLMU, KREONFIN, KSCL, LOTUSEYE, MADHUDIN, MAHABANK, MAHAN,
MANALIPETC, MARBU, MAVIIND, MERCURYLAB, MHRIL, MIDEASTP, MIRZAINT, MODWOOL,
MPHASIS, NAINAMS, NATCAPSUQ, NATPLY, NAVNETEDUL, NELCO, NH, NITINCAST, OIL, ONGC,
PANCARBON, PARRYSUGAR, PETPLST, PRIMAGR, PRIMAIN, PURITY, RAJATH, RAMGOPOLY, REGALIAA,
RESTILE, ROSEI, ROSSELLIND, SAIJEEV, SAMINDUS, SHOPERSTOP, SHRAJOI, SNL, SOBME, SRESTHA,
SRTRANSFIN, SSWRL, STSERV, SUBROS, SUNRINV, SUPERHOUSE, SUPERSPIN, SUPRAP, SWITCHTE,
SYNDIBANK, TATIAGLOB, TCIDEVELOP, TCIEXP, TINNARUBR, TRANSCHEM, TRISHAKT, TTKPRESTIG,
TUTIALKA, TWIROST, UCOBANK, UNIROYAL, UNJHAFOR, VARUNME, VENLONENT, VINYLINDIA,
VOITHPAPR, VXLINSTR, VYAPAR, WABCOINDIA, WELSPUNIND, WINYCOMM, WONDERLA.
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
31st Jan 2017
Corporate Action / Result Calendar
IBREALEST & JINDALSTEL
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 30/01/2017 526235 MERCATOR NOMURA SINGAPORE LIMITED S 9600000 42.60
2 30/01/2017 533301 SPYL YASH INFRA REALTY PRIVATE LIMITED S 2000000 0.74
3 30/01/2017 526235 MERCATOR STREAM VALUE FUND S 1667076 43.04
4 30/01/2017 532715 GITANJALI UNO METALS LIMITED S 1100000 69.79
5 30/01/2017 500259 LYKALABS SAMANYA S 475356 62.55
6 30/01/2017 500259 LYKALABS AMEE HEMANT PARIKH B 475356 62.55
7 30/01/2017 517467 MARSONS CHARU KOTIA S 200000 17.14
7 30/01/2017 511585 REGTRUS JAMIE PROPERTIES PRIVATE PRIVATE LIMITED B 143391 2.09
7 30/01/2017 511585 REGTRUS BHARAT SAGALCHAND TANNA S 143391 2.09
7 30/01/2017 520073 RACLGEAR ARENDRA KUMAR S 100000 35.78
Security in Ban
Bulk Deal

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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
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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
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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
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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
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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
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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.
31st Jan 2017
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: 2017.01.31 08:35:44 +05'30'