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Global View
India Update
Today’s Event/ Stock in News
Siemens Ltd, an arm of Siemens AG in India, on Wednesday said that the company together with Siemens Bangladesh Ltd, has
bagged Rs 113 crore order from Power Grid Company of Bangladesh Ltd (PGCB). Further, the work includes design, supply,
installation and commissioning of 230/132kV GIS substations along with 225/300 MVA and 132/33 KV, 50/75 transformers at
Keraniganj within Dhaka, it added. Commenting on the order win, Siemens Ltd, Energy Management Division, Executive Vice
President and Head, Harald Griem said.
Technical Outlook : On daily chart, stock has given positive breakout of its flag pattern which is a continuation formation of
contemporary trend. Moreover, volume has also been gradually increasing with rise in price, which indicates for valid upside
move. Besides, stock has been trading above its 21 day moving average which is placed at 1179 level, which shows that near term
trend is up. A momentum indicator RSI reading is at 70.60 level with positive crossover, which point out for positive breath in the
stock. So for trading perspective, one could Buy in the range of 1248-1256 for Target of 1282 with SL of 1235.
SIEMENS
BHARATFORGE
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
09th June 2016
Buy in the range of 760-765 for the Target of 780 with SL of 752.5
Buy in the range of 1248-1256 for the Target of 1282 with SL of 1235
Alstom Bharat Forge Power Pvt Ltd (ABFPPL), the joint venture company between GE and Bharat Forge Ltd., signed a contract
worth $219 million (Rs 1,495 crore) approximately with NTPC Ltd, the company said in a release. ABFPPL will supply two units of
800MW ultra-supercritical steam turbine generator islands, on EPC basis, for the Telangana Super Thermal Power Project Phase-I,
the release added.
Technical Outlook : On daily chart, stock has been continuously trading with its strong support of 741 level, from where stock
gave good bounce back in past as well. Moreover, stock has managed to close above its 21 day moving average which is placed at
747 level, which shows that near term trend has changed to up. A momentum indicator RSI reading is at 52.10 level with positive
crossover, which point out for positive breath in the stock. So for trading perspective, one could Buy in the range of 760-765 for
Target of 780 with SL of 752.50.
The Dow ended above 18,000 for the first time since April on Wednesday as declines in the dollar lifted some commodity-related
shares and boosted the outlook for multinationals. The S&P 500 materials index climbed 0.6 percent following gains in copper
and gold prices. Energy shares were lower despite a jump in oil prices. The benchmark S&P 500, up for a third straight session, is
now about 12 points shy of its all-time closing high of 2,130.82. Helping sentiment was a weaker dollar, which tends to benefit US
multinationals that derive a large portion of their sales from overseas. The S&P industrials index rose 0.7 percent, the day's best-
performing S&P index. "The weaker dollar and strength in commodity names is certainly helping to fuel the market's strength,"
said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles.
The Indian equity market is expected to open in the green following the global SGX Nifty, at the time of writing was trading at
8302.50 up 18.50 points. While markets in China, Hong Kong and Taiwan are shut on account of public holiday, rest of the Asia
was mixed in early trade. Benchmark indices ended flat amid consolidation and mixed global cues on Wednesday after a rally in
previous session discounted the RBI policy while the broader markets outperformed. US market ended higher with the Dow and
the S&P near 52-week intraday highs, with materials and industrial stocks leading. While the Dow Jones closed above 18,000
level, European markets ended mostly lower on global growth concerns. Markets in Europe ended mostly lower despite an uptick
in oil prices, as concerns over the health of the global economy continued to weigh.

2. SEBI Certified – Research Analyst www.choiceindia.com
Bulk Deal
SEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
09th June 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 8/6/2016 531991 AMRAAGRI YASHWANT AMRATLAL THAKKAR B 4725000 0.58
2 8/6/2016 531991 AMRAAGRI AKSHAR ENTERTAINMENT PRIVATE LIMITED S 4725000 0.58
3 8/6/2016 530703 INFODRIVE BRIDGE INDIA FUND S 3400000 0.20
4 8/6/2016 532980 GOKUL RIDHIKRIPA TRADING PRIVATE LIMITED RIDHIK B 1000000 14.98
5 8/6/2016 539311 NFIL ASHISHBHAI JITENDRABHAI JOSHI B 105000 11.80
6 8/6/2016 524412 AREYDRG BHAVIN SURESHBHAI THAKKAR B 91400 54.75
7 8/6/2016 524412 AREYDRG BHAVIN SURESHBHAI THAKKAR S 80246 54.77
8 8/6/2016 539311 NFIL SAJJAN DEVI ANJANA S 80000 11.64
9 8/6/2016 502995 MALWACOTT IFCI LTD. S 46100 4.90
10 8/6/2016 504093 PANAENERG KOTAK CAPITAL PARTNERS B 38000 338.27
Corporate Action:
Standard Industries Limited; Annual General Meeting/ Dividend- Re 0.75/- Per Share
Essel Propack Limited; Dividend - Rs 2.20/- Per Share
Aurobindo Pharma Limited; Interim Dividend - Re 0.70/- Per Share
Bosch Limited; Annual General Meeting/Dividend Rs 85/- Per Share
Infosys Limited; Annual General Meeting And Final Dividend Rs.14.25 Per Share
Salzer Electronics Limited; Annual General Meeting/Dividend Rs 1.60/- Per Share
Result Calendar:
CANDC, TI & WHELTEX
Corporate Action / Result Calendar
CANBK & RCOM

3. SEBI Certified – Research Analyst www.choiceindia.com
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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
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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
09th June 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: 2016.06.09 08:29:50 +05'30'