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1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Drug firm Cipla said that its US armInvaGen Pharmaceuticals Inc has received final approval from the American healthregulator to market
generic Bupropion Hydrochloride extended release tablets used for treatment of major depressive disorder. The company's tablets are
generic versions of Valeant's Wellbutrin XL tablets in the same strengths, Cipla said. Wellbutrin XL tablets and generic equivalents had US
salesofapproximatelyUSD792millionforthe12monthperiodendingJune2016,accordingtoIMSHealth,Ciplasaid.
Technical Outlook: Ondaily chart, stock has givenbreakoutof 570 level, a level whichactedas strongresistance in past, indicates
for robust upside movement from the present level. Moreover, stock has been trading above its 21 day moving average which
shows that near term trend is up. A momentum indicator RSI reading is at 71.55 level with positive crossover, which point out for
positivebreathinthestock.Sofortradingperspective,onecouldBuyinrangeof574-576forTargetof587.50withSLof568.
CIPLA
CANBK
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
31st Aug 2016
Buy in range of 278-280 for Target of 286 with SL of 275
Buy in range of 574-576 for Target of 587.50 with SL of 568
Public sector Canara Bank said on Tuesday it has launched an Unified Payment Interface (UPI) app named "empower". The mobile app
works on NPCI (National Payments Corporation of India) platform and enables bank customers pay and collect using this single app, the
bank said. According to the release, the app helps customers create a virtual payment address to pay and collect money from anyone
withoutdisclosing their accountrelatedinformation,link their bankaccountsacross banksinasingleapp,amongother things.Non-Canara
Bankcustomerscanalsousethisapplicationtolinkaccountsheldinotherbanksanduseitforahostoffinancialandnon-financialservices,
thereleasesaid.
Technical Outlook: On daily chart, stock has been trading in a higher top higher bottom formation since last many days and it
seemsthatitcouldcontinueitsongoingmove.Moreover,stockhasbeentradingaboveits21daymovingaveragewhichisplacedat
260.95 level which shows that near term trend is up. A momentum indicator RSI reading is at 68.80 level with positive crossover
which pointout for positive breath inthe stock. So for trading perspective, one could Buy in range of 278-280 for Target of 286 with
SLof275.
Asian shares eased on Wednesday following modest losses on Wall Street, but were still on track for a monthly rise as investors waited to see if
upcoming job data could prod the Federal Reserve into raising interest rates as soon as September. MSCI's broadest index of Asia-Pacific shares
outside Japan was down 0.1 percent as traders awaited Friday's job report, but looked set for a near 2 percent gain in August. Japan's Nikkei stock
index added 0.9 percent, poised to rise 1.8 percent for the month, as it got a boost from a weaker yen after upbeat US data lifted the dollar
overnight.TheIndianequitymarketisexpectedtoopenflattodaytrackingAsianindices.SGXNiftyistradingat8801 downby4.00points.
The S&P 500 fell for the fourth time in five sessions, but was still within 1 percent of its record closing high set earlier this month. Cyclical sectors,
whichareexpectedtoperformbetterinanexpandingeconomy,havetakentheleadinthepastfewweeksaseconomicdatapaintsarosierpicture
of the U.S.economy.US consumer confidence rose toan11-month highinAugust, withhouseholdsmore upbeataboutthelabormarket.Payrolls
data on Friday could strengthen the case for higher US interest rates, as has been hinted over the past week by Federal Reserve officials. The Dow
Jones industrial average fell 48.69 points, or 0.26 percent, to 18,454.3, the S&P 500 lost 4.26 points, or 0.2 percent, to 2,176.12 and the Nasdaq
Compositedropped9.34points,or0.18percent,to5,222.99.

2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
31st Aug 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Super Spinning Mills Limited; Annual General Meeting
Gulf Oil Lubricants India Limited; Annual General Meeting/ Dividend - Rs 4/- Per Share
Ganesha Ecosphere Limited; Annual General Meeting/Dividend - Rs 1.20 Per Share
Astral Poly Technik Limited; Annual General Meeting
Punjab Chemicals & Crop Protection Limited; Annual General Meeting
PI Industries Limited; Annual General Meeting
Seamec Limited; Annual General Meeting
Genus Power Infrastructures Limited; Dividend - Re 0.25/- Per Share
The Phoenix Mills Limited; Annual General Meeting/Dividend - Re 0.45/- Per Share
Mukta Arts Limited; Annual General Meeting
Intrasoft Technologies Limited; Dividend Rs 2/- Per Share
Oil & Natural Gas Corporation Limited; Annual General Meeting/Dividend - Rs 3.25 Per Share
Hindustan Composites Limited; Annual General Meeting/Dividend Re 1/- Per Share
Maruti Suzuki India Limited; Final Dividend - Rs 35/- Per Share
Result Calendar:
ABFRL, ANSALAPI, GVKPIL, HATHWAY, IGLFXPL-B, KANORICHEM, LLOYDELENG, MCX, NET4,
POWERMECH, PTIL, SADBHIN, SURYAINDIA, UBHOLDINGS & VIJSOLX.
Corporate Action / Result Calendar
Bulk Deal
Security in Ban
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 30/08/2016 500003 AEGISLOG INFRASTRUCTURE INDIA HOLDINGS FUND LLC S 4000000 126.26
2 30/08/2016 522287 KALPATPOWR HSBC GLOBAL INVESTMENT FU NDS MAURITIUS S 3260000 258.00
3 30/08/2016 522287 KALPATPOWR HSBC GLOBAL INVESTMENT FUNDS INDIAN EQ B 3260000 258.00
4 30/08/2016 531467 ARNAVCORP DARJI MAYURI ASHOKBHAI B 1074416 3.29
5 30/08/2016 531934 SUPREMETEX SANTOSH GAJANDER SINGH B 712219 9.70
6 30/08/2016 531934 SUPREMETEX SANTOSH GAJANDER SINGH S 669483 9.74
7 30/08/2016 531467 ARNAVCORP RUPAL BHANSALI S 500000 3.09
7 30/08/2016 531467 ARNAVCORP NILA JAYESH MODI S 500000 3.22
7 30/08/2016 531467 ARNAVCORP JAYESH MANSUKHLAL MODI S 500000 3.09
7 30/08/2016 531467 ARNAVCORP HIMANSHU CHANDRAKANT BHANSALI S 500000 3.33

3. SEBI Certified – Research Analyst www.choiceindia.com
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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
31st 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: 2016.08.31 08:33:58 +05'30'