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SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
07th Feb 2017
 World Market:
 US stocks slipped on Monday, led by the energy sector as oil prices dropped, while investors awaited the next
run of major earnings reports and sought further clarity on President Donald Trump's economic policies.
 US equities have rallied since Trump's November election, spurred by hopes for fiscal stimulus, lower taxes and
fewer regulations under the Republican-led federal government.
 The Dow Jones Industrial Average fell 19.04 points, or 0.09 percent, to 20,052.42, the S&P 500 lost 4.86 points,
or 0.21 percent, to 2,292.56 and the Nasdaq Composite dropped 3.21 points, or 0.06 percent, to 5,663.55.
 Asian Market:
 Asian markets were negative early on Tuesday following the sluggishness in global equities amid risk-off
sentiment.
 Spot gold, viewed as a safe-haven asset, was trading at USD 1,233.56 per ounce, up for the fifth straight
session. The Japanese yen, another safe-haven play due to its large current account surplus, has appreciated
strongly against major currencies.
 Japan's Nikkei 225 lost 0.88 percent on the back of continued yen strength. Australia's S&P/ASX 200 fell 0.37
percent; The South Korean Kospi slipped 0.26 percent.
 The Indian equity market is expected to open flat today tracking Asian indices. SGX Nifty is trading at 8803.50
Down by 12.50 points.
 Bharti infratel’s stake-sale talks hit a valuation bump
 IDBI officials relaxed loan rules for KFA: CBI
 Diageo may need open offer for USL shareholders
 Vodafone, Idea merger plans leave Tata Tele in a fix
 Tata Power Solar ships 1 GW modules to 10 nations
 SNOWMAN Buy in the range of 60-61.50 for Target of 65 with SL of 59
On a smaller time frame, the stock has formed ugly double bottom formation which is a bullish reversal indication and
indicates for upside movement in the counter. Moreover, the stock has formed long bull candlestick with healthy volume
which shows accentuated buying activity during the last trading session. A daily momentum indicator RSI reading is at
64.53 level with a higher bottom formation which points out for positive breath in the stock. So for trading perspective,
one could Buy in the range of 60-61.50 for Target of 65 with SL of 59.
 RADICO Buy in the range of 126.50-128 for Target of 136 with SL of 123
On a daily chart, the stock has given a neckline breakout of its inverse head & shoulder formation which is a bullish
reversal pattern. Moreover, the stock has been trading with 21*50 days moving averages crossover which shows positive
momentum in the counter. A daily momentum indicator RSI reading is at 64.10 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 126.50-128 for Target
of 136 with SL of 123.
Stock/Sector - News
Global Update
As per Yester’s
Morning Tea,
TRITURBINE Up by 1.78%
LT Foods Limited; Fv Splt Frm Rs 10 To Re 1
Advani Hotels & Resorts (India) Limited; Int Div Re 0.40 Per Share
Granules India Limited; Interim Dividend Re 0.25 Per Share
India Motor Parts and Accessories Limited; Interim Dividend Rs 5/- Per Share
Wendt (India) Limited; Interim Dividend Rs 10/- Per Share
Kewal Kiran Clothing Limited; Interim Dividend Rs 8.50 Per Share
Oil & Natural Gas Corporation Limited; Interim Dividend Rs 2.25 Per Share (Purpose Revised)
TCI Express Limited; Interim Dividend Re 0.80 Per Share (Purpose Revised)
India Nippon Electricals Limited; Interim Dividend Rs 4/- Per Share
Result Calendar:
ACCELYA, ACE, ADORWELD, AIIL, AMITSEC, ANSALAPI, AVTNPL, BALLARPUR, BALPHARMA,
BAYERCROP, BELLGRP, BERLDRG, BERYLSE, BFINVEST, BFUTILITIE, BHEL, BLUEDART, BNRUDY,
BRAWN, CEATLTD, CERA, COCHMAL, COSMOFE, CTE, CUBIFIN, DHANUKA, DHINDIA, DHUNTEAIND,
DION, DPL, DYNAVSN, EIDPARRY, EIMCOELECO, ELEMARB, EMAINDIA, ESTER, EUROASIA, FACORSTE,
FARRYIND, FRETAIL, GAGANPO, GAMMNINFRA, GANHOLD, GATI, GILLETTE, GLOBOFFS, GMDCLTD,
GPIL, GRNLAMIND, GTNINDS, GUJFOIL, GUJTLRM, HARLETH, HEXAWARE, HILTON, HIPOLIN,
HITECHPLAS, IDBI, IMFA, INSILCO, ISHANCH, IVP, JAIHINDPRO, JAYCH, JINDHOT, JSL, JUBILANT,
KAVITIND, KOPRAN, LANCORHOL, LGBBROSLTD, MAGANTR, MARGOFIN, MEGRISOFT, MINDAIND,
MNKALCOLTD, MNKCMILTD, MODIPON, MORGANITE, MPL, MRPL, MUDRA, MULTIBASE, NEOINFRA,
NHPC, NIKKIGL, OMEGAIN, ORCHIDPHAR, PADMAIND, PERFEPA, PGHH, PICTUREHS, PNB, PRANAVSP,
PREMCAP, PVP, RADHEDE, RAJESHEXPO, RAJOIL, RAMCOCEM, RAMCOIND, RAMCOSYS, RELICTEC,
RIR, ROSELABS, SADBHIN, SADHNANIQ, SAFARIND, SAMTEL, SAMTELIN, SANINFRA, SARDAPLY,
SATIA, SCL, SEL, SHAWGELTIN, SHEETAL, SHRINIWAS, SHVFL, SHYAMTEL, SNOWMAN, SSLEL,
SUNCLAYLTD, SUYOG, TAIIND, TATASTEEL, TBZ, TITAN, UNITEDBNK, VAIBHAVGBL, VISIONCO,
WALLFORT, WPIL, ZGOVPOOX, ZHINUDYP, ZMILGFIN.
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
07th Feb 2017
Corporate Action / Result Calendar
CENTURYTEX, HDIL, IBREALEST, JPASSOCIAT, RCOM & SUNTV
Security in Ban
Bulk Deal
Deal Date Security Code Security Name Client Name Deal Type Quantity Price
6/2/2017 532636 IIFL IDFC BANK LIMITED B ######## 317
6/2/2017 532636 IIFL COPTHALL MAURITIUS INVESTMENT LIMITED S ######## 317
6/2/2017 531502 ESARIND VACHAN DEALERS AND SUPPLIERS PVT LTD S 1,435,931 0.59
6/2/2017 500322 PANCM DEUTSCHE SECURITIES MAURITIUS LIMITED S 1,207,784 67.52
6/2/2017 500322 PANCM COPTHALL MAURITIUS INVESTMENT LIMITED S 944,244 67.59
6/2/2017 538566 BESTSTEEL RAHUL GUPTA S 500,000 97.61
6/2/2017 532173 CYBERTECH AKG FINVEST LIMITED S 500,000 87.21
6/2/2017 534615 NECCLTD UTKARSH JAIN S 500,000 106.65
6/2/2017 521206 SAMTEX CHETAN RASIKLAL SHAH B 500,000 12.62
6/2/2017 521206 SAMTEX SANJAY DEVKINANDAN GUPTA S 468,599 12.62
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.
07th Feb 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: 2017.02.07 08:54:51 +05'30'

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Morning tea 07 02-2017

  • 1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website Morning Tea 07th Feb 2017  World Market:  US stocks slipped on Monday, led by the energy sector as oil prices dropped, while investors awaited the next run of major earnings reports and sought further clarity on President Donald Trump's economic policies.  US equities have rallied since Trump's November election, spurred by hopes for fiscal stimulus, lower taxes and fewer regulations under the Republican-led federal government.  The Dow Jones Industrial Average fell 19.04 points, or 0.09 percent, to 20,052.42, the S&P 500 lost 4.86 points, or 0.21 percent, to 2,292.56 and the Nasdaq Composite dropped 3.21 points, or 0.06 percent, to 5,663.55.  Asian Market:  Asian markets were negative early on Tuesday following the sluggishness in global equities amid risk-off sentiment.  Spot gold, viewed as a safe-haven asset, was trading at USD 1,233.56 per ounce, up for the fifth straight session. The Japanese yen, another safe-haven play due to its large current account surplus, has appreciated strongly against major currencies.  Japan's Nikkei 225 lost 0.88 percent on the back of continued yen strength. Australia's S&P/ASX 200 fell 0.37 percent; The South Korean Kospi slipped 0.26 percent.  The Indian equity market is expected to open flat today tracking Asian indices. SGX Nifty is trading at 8803.50 Down by 12.50 points.  Bharti infratel’s stake-sale talks hit a valuation bump  IDBI officials relaxed loan rules for KFA: CBI  Diageo may need open offer for USL shareholders  Vodafone, Idea merger plans leave Tata Tele in a fix  Tata Power Solar ships 1 GW modules to 10 nations  SNOWMAN Buy in the range of 60-61.50 for Target of 65 with SL of 59 On a smaller time frame, the stock has formed ugly double bottom formation which is a bullish reversal indication and indicates for upside movement in the counter. Moreover, the stock has formed long bull candlestick with healthy volume which shows accentuated buying activity during the last trading session. A daily momentum indicator RSI reading is at 64.53 level with a higher bottom formation which points out for positive breath in the stock. So for trading perspective, one could Buy in the range of 60-61.50 for Target of 65 with SL of 59.  RADICO Buy in the range of 126.50-128 for Target of 136 with SL of 123 On a daily chart, the stock has given a neckline breakout of its inverse head & shoulder formation which is a bullish reversal pattern. Moreover, the stock has been trading with 21*50 days moving averages crossover which shows positive momentum in the counter. A daily momentum indicator RSI reading is at 64.10 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 126.50-128 for Target of 136 with SL of 123. Stock/Sector - News Global Update As per Yester’s Morning Tea, TRITURBINE Up by 1.78%
  • 2. LT Foods Limited; Fv Splt Frm Rs 10 To Re 1 Advani Hotels & Resorts (India) Limited; Int Div Re 0.40 Per Share Granules India Limited; Interim Dividend Re 0.25 Per Share India Motor Parts and Accessories Limited; Interim Dividend Rs 5/- Per Share Wendt (India) Limited; Interim Dividend Rs 10/- Per Share Kewal Kiran Clothing Limited; Interim Dividend Rs 8.50 Per Share Oil & Natural Gas Corporation Limited; Interim Dividend Rs 2.25 Per Share (Purpose Revised) TCI Express Limited; Interim Dividend Re 0.80 Per Share (Purpose Revised) India Nippon Electricals Limited; Interim Dividend Rs 4/- Per Share Result Calendar: ACCELYA, ACE, ADORWELD, AIIL, AMITSEC, ANSALAPI, AVTNPL, BALLARPUR, BALPHARMA, BAYERCROP, BELLGRP, BERLDRG, BERYLSE, BFINVEST, BFUTILITIE, BHEL, BLUEDART, BNRUDY, BRAWN, CEATLTD, CERA, COCHMAL, COSMOFE, CTE, CUBIFIN, DHANUKA, DHINDIA, DHUNTEAIND, DION, DPL, DYNAVSN, EIDPARRY, EIMCOELECO, ELEMARB, EMAINDIA, ESTER, EUROASIA, FACORSTE, FARRYIND, FRETAIL, GAGANPO, GAMMNINFRA, GANHOLD, GATI, GILLETTE, GLOBOFFS, GMDCLTD, GPIL, GRNLAMIND, GTNINDS, GUJFOIL, GUJTLRM, HARLETH, HEXAWARE, HILTON, HIPOLIN, HITECHPLAS, IDBI, IMFA, INSILCO, ISHANCH, IVP, JAIHINDPRO, JAYCH, JINDHOT, JSL, JUBILANT, KAVITIND, KOPRAN, LANCORHOL, LGBBROSLTD, MAGANTR, MARGOFIN, MEGRISOFT, MINDAIND, MNKALCOLTD, MNKCMILTD, MODIPON, MORGANITE, MPL, MRPL, MUDRA, MULTIBASE, NEOINFRA, NHPC, NIKKIGL, OMEGAIN, ORCHIDPHAR, PADMAIND, PERFEPA, PGHH, PICTUREHS, PNB, PRANAVSP, PREMCAP, PVP, RADHEDE, RAJESHEXPO, RAJOIL, RAMCOCEM, RAMCOIND, RAMCOSYS, RELICTEC, RIR, ROSELABS, SADBHIN, SADHNANIQ, SAFARIND, SAMTEL, SAMTELIN, SANINFRA, SARDAPLY, SATIA, SCL, SEL, SHAWGELTIN, SHEETAL, SHRINIWAS, SHVFL, SHYAMTEL, SNOWMAN, SSLEL, SUNCLAYLTD, SUYOG, TAIIND, TATASTEEL, TBZ, TITAN, UNITEDBNK, VAIBHAVGBL, VISIONCO, WALLFORT, WPIL, ZGOVPOOX, ZHINUDYP, ZMILGFIN. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website Morning Tea 07th Feb 2017 Corporate Action / Result Calendar CENTURYTEX, HDIL, IBREALEST, JPASSOCIAT, RCOM & SUNTV Security in Ban Bulk Deal Deal Date Security Code Security Name Client Name Deal Type Quantity Price 6/2/2017 532636 IIFL IDFC BANK LIMITED B ######## 317 6/2/2017 532636 IIFL COPTHALL MAURITIUS INVESTMENT LIMITED S ######## 317 6/2/2017 531502 ESARIND VACHAN DEALERS AND SUPPLIERS PVT LTD S 1,435,931 0.59 6/2/2017 500322 PANCM DEUTSCHE SECURITIES MAURITIUS LIMITED S 1,207,784 67.52 6/2/2017 500322 PANCM COPTHALL MAURITIUS INVESTMENT LIMITED S 944,244 67.59 6/2/2017 538566 BESTSTEEL RAHUL GUPTA S 500,000 97.61 6/2/2017 532173 CYBERTECH AKG FINVEST LIMITED S 500,000 87.21 6/2/2017 534615 NECCLTD UTKARSH JAIN S 500,000 106.65 6/2/2017 521206 SAMTEX CHETAN RASIKLAL SHAH B 500,000 12.62 6/2/2017 521206 SAMTEX SANJAY DEVKINANDAN GUPTA S 468,599 12.62
  • 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. 07th Feb 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: 2017.02.07 08:54:51 +05'30'