#ChoiceBroking #MorningTea

1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
UltraTech Cement, the flagship cement company of Aditya Birla Group, edged out determined rivals and struck a deal to bag the
cement assets of Jaypee Group with a last-minute increase in acquisition price on Monday. UltraTech will now pay Rs 16,189
crore to buy Jaypee Group's cement operations that have a total capacity of 17.2 million tonnes per annum (MTPA) spread across
Uttar Pradesh, Madhya Pradesh, Himachal Pradesh, Uttarakhand and Andhra Pradesh. In addition, UltraTech will acquire a 4
MTPA grinding unit that is currently being constructed in Uttar Pradesh. The AB Group company will pay an additional Rs 470
crore for completing the unit.
Technical Outlook: On daily chart, stock has been trading in a higher top higher bottom formation since last two months, which
indicates that stock could further continue its upside rhythm from the present level. Moreover, stock has been trading with its
strong support of 21 day moving average which is placed at 3355 level, which shows that near term trend is up. A momentum
indicator RSI reading is at 59.10 level with positive crossover, which point out for positive breath in the stock. So for trading
perspective, one could Buy in the range of 3390-3410 for Target of 3480 with SL of 3355.
ULTRATECH
BAJAJAUTO
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
05th July 2016
Sell in the range of 2652-2665 for the Target of 2598 with the SL of 2691
Buy in the range of 3390-3410 for the Target of 3480 with the SL of 3355
Bajaj Auto, the flagship of Bajaj group of companies has reported 4 per cent decline in total sales in June at 3,16,969 units. The
company had registered sale of 3,31,317 units in the same month of 2015, it said in a filing to the Bombay Stock Exchange.
Motorcycle sales during the month fell 5 per cent to 2,73,298 units from 2,87,582 in June last year, the company said in a BSE
filing. Bajaj Auto's commercial vehicles sales during the month remained flat at 43,671 units compared with 43,735 in the year-
ago period. Exports in June this year were at 1,23,252 units against 1,56,074 a year earlier, down 21 per cent.
Technical Outlook: On daily chart, stock formed dark could cover candlestick which is a bearish reversal indication and indicates
for downside movement. Moreover, a momentum indicator RSI reading is at 56.59 level with negative crossover, which point out
for negative breath in the stock. So for trading perspective, one could Sell in the range of 2652-2665 for Target of 2598 with SL of
2691.
The market is likely to be range bound on weak global cues Tuesday. European markets ended lower on renewed Brexit concerns
while Asia too is negative in early trade. Equity benchmarks as well as broader markets gained for the sixth consecutive day on
Monday, closing at fresh 2016 high following upside in Asian peers. The 30-share BSE Sensex was up 133.85 points or 0.49
percent at 27278.76 and the Nifty rose 42.35 points or 0.51 percent to 8370.70. The BSE Midcap and Smallcap indices gained 0.6
percent and 1 percent, respectively. All eyes will be on the Cabinet re-shuffle today. As many as 19 new ministers, half a dozen of
them from Uttar Pradesh which goes to polls in 2017, are set to be inducted into his team by Prime Minister Narendra Modi.
Asia markets were broadly lower on Tuesday at the open, likely taking cues from European equities, which slid Monday on
renewed Brexit concerns. In Japan, the Nikkei 225 dropped 0.85 percent in early trade; across the Korean Strait, the Kospi slid
0.28 percent. Australia's benchmark ASX 200 was down some 0.54 percent, with the heavily-weighted financials sub-index
weighing, down some 0.76 percent. Major Australian banks were under pressure, with shares of Westpac down some 1.35
percent. Analysts have previously told CNBC the ongoing political uncertainty in Australia was weighing on the future of the big
banks. European stocks finished lower on Monday, with the UK's benchmark FTSE 100 off 0.8 percent. Markets in the US were
closed Monday for the Independence Day public holiday.

2. SEBI Certified – Research Analyst www.choiceindia.com
Bulk Deal
SEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
05th 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 1/7/2016 526987 URJAGLOBA SHREE BHUVANAKARAMTRADINVEST PVT LTD B 3131816 1.15
2 1/7/2016 526987 URJAGLOBA MALVI AND CO B 3100000 1.12
3 1/7/2016 526987 URJAGLOBA SHREE BHUVANAKARAMTRADINVEST PVT LTD S 1642862 1.14
4 1/7/2016 532498 SHRIRAMCIT STEADVIEW CAPITAL MAURITIUS LIMITED S 944208 1630.00
5 1/7/2016 532498 SHRIRAMCIT SBI MUTUAL FUND B 875000 1630.00
6 1/7/2016 532498 SHRIRAMCIT BIRLA SUN LIFE MUTUAL FUND B 719779 1630.00
7 1/7/2016 532498 SHRIRAMCIT ABG CAPITAL S 609765 1630.00
8 1/7/2016 532498 SHRIRAMCIT LTR FOCUS FUND S 555815 1630.00
9 1/7/2016 531499 SYBLY SHREYANS JASWANTLAL SHAH B 500000 7.02
10 1/7/2016 531499 SYBLY VICHITRA TRAVELS PVT. LTD. S 450000 7.01
Corporate Action:
Can Fin Homes Limited; Dividend - Rs 10 Per Share
Greenply Industries Limited; Annual General Meeting/ Dividend - Re 0.60/- Per Share
Sundaram Finance Limited; Annual General Meeting/ Dividend - Re 1/- Per Share
LG Balakrishnan & Bros Limited; Annual General Meeting/ Dividend - Re 1/- Per Share
LGB Forge Limited; Annual General Meeting
Hindustan Construction Company Limited; Annual General Meeting
Result Calendar:
GMBREW & NITINALOY
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
05th 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: 2016.07.05 09:12:22 +05'30'