1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Drug firm Strides Shasun’s oral dosage facility in Bangalore has had successful inspection by the US health regulator with no
adverse observations made. The United States Food and Drug Administration (USFDA) has completed the inspection of the
company’s oral dosage facility in Bangalore with ‘Zero 483s’, Strides Shasun said in a filing to BSE. With the recently closed
Establishment Inspection Report (EIR), the entire facility is now USFDA compliant, it added. The Bangalore facility manufactures
oral dosage forms including tablets, capsules, ointments and liquids, it added.
Technical Outlook: On daily chart, stock has started to trade above its 100 day moving average which is placed at 1063.60 level,
which shows that short to medium term trend has changed to up. Moreover, on hourly chart, stock has been trading in a higher
top higher bottom formation since last four days, which indicates that stock could likely to continue its ongoing move. A
momentum indicator RSI reading is at 58.67 level with positive crossover, which point out positive breath in the stock. So for
trading perspective, one could Buy in the range of 1122-1128 for Target of 1151 with SL of 1110.
STAR
NTPC
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
01st July 2016
Buy in the range of 154-156 for the Target of 159.5 with the SL of 152.30
Buy in the range of 1122-1128 for the Target of 1151 with the SL of 1110
State-run power producer NTPC Ltd said on Thursday, it has recorded a 10% increase in power generation to 64.6 billion units
(BUs) in April-June quarter compared to the year-ago period. It further said electricity tariff billed by NTPC to the beneficiaries has
also been reduced significantly despite increase in fuel prices. NTPC said its efforts under UDAY (Ujwal DISCOM Assurance Yojna)
have led to reduction in energy charges of coal stations benefiting the Discoms and the consumers.
Technical Outlook: On daily chart, stock has given breakout of its 154 level which acted as strong resistance in past, which
indicates that robust upside movement can be seen in next trading session. Moreover, stock has been trading with its strong
support of 50 day moving average which is placed at 144.30 level, which shows that short term trend is up and stock could
further accelerates its upside movement. A momentum indicator RSI reading is at 65.50 level with positive crossover, which point
out for positive breath in the stock. So for trading perspective, one could Buy in the range of 154-156 for Target of 159.50 with SL
of 152.30
The market is likely to open July Futures & Options (F&O) series on a positive note as global market continued to rally. On
Thursday the Nifty hit fresh 2016 high, rising 1 percent on short covering and value buying support from domestic institutional
investors. The 50-share NSE Nifty ended at 8287.75 - the highest closing level since October 23, 2015 - on expiry day for June
futures and options contracts, up 83.75 points or 1.02 percent from its previous day's value but failed to hold 8300 level. The 30-
share BSE Sensex ended tad below the 27000-mark, up 259.33 points or 0.97 percent at 26999.72 on support from banking &
financials, FMCG, telecom and Tata Group stocks. The macro economy continues to send mixed signals as eight core sectors grew
by just 2.8 percent in the month of May-the slowest pace of growth so far this year.
Wall Street rolled to a third straight day of gains on Thursday as Britain's central bank raised the prospect of stimulus and
consumer staples shares gained on news of Mondelez International's USD 23 billion bid for Hershey. The major US indexes each
closed up more than 1 percent, tallying their best three-day run in four months. They have erased the bulk of their losses in the
wake of Britain's shock vote a week ago to leave the European Union that had set off the worst two-day decline for Wall Street in
10 months. In the wake of the referendum, Bank of England Governor Mark Carney said on Thursday that the central bank would
probably need to pump more stimulus into Britain's economy over the summer. The Dow Jones industrial average rose 235.31
points, or 1.33 percent, to 17,929.99.
2. SEBI Certified – Research Analyst www.choiceindia.com
Bulk Deal
SEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
01st July 2016
Security in Ban
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 30/06/2016 533239 PRAKASHSTL BALMIKI AGENCIES PRIVATE LIMITED S 6846934 1.20
2 30/06/2016 533239 PRAKASHSTL BP FINTRADE PRIVATE LIMITED B 4580845 1.20
3 30/06/2016 533239 PRAKASHSTL JMP SECURITIES PVT LTD B 4448675 1.23
4 30/06/2016 533239 PRAKASHSTL BP FINTRADE PRIVATE LIMITED S 4080845 1.20
5 30/06/2016 533239 PRAKASHSTL JMP SECURITIES PVT LTD S 4062135 1.21
6 30/06/2016 533239 PRAKASHSTL PREMIER AUTO FINANCE LTD S 2500000 1.20
7 30/06/2016 534741 VIRTUALG MALVI AND CO B 2400000 5.04
8 30/06/2016 533239 PRAKASHSTL PREMIER AUTO FINANCE LTD S 2273053 1.20
9 30/06/2016 533239 PRAKASHSTL CHETAN RASIKLAL SHAH B 2072119 1.20
10 30/06/2016 533239 PRAKASHSTL J MGLOBAL EQUITIES PVT LTD B 1709197 1.23
Corporate Action:
ITC Limited; Bonus 1:2
Century Enka Limited; Dividend - Rs 7.50/- Per Share
Mayur Uniquoters Ltd; Annual General Meeting/Dividend Re 0.20 Per Share
Result Calendar:
Corporate Action / Result Calendar
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
Kunal Parmar Research Associate
Amit Pathania Research Associate
Vikas Chaudhari Research Associate
Kapil Shah Research Associate
Rajnath Yadav Research Associate
Satish Kumar Research Associate
Morning Tea
01st July 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Kapil Shah
Digitally signed by Kapil Shah
DN: cn=Kapil Shah, o=Choice Equity Pvt Ltd, ou=Research
Team, email=kapil.shah@choiceindia.com, c=US
Date: 2016.07.01 09:01:11 +05'30'