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1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Housing finance company Dewan Housing Finance Corporation (DHFL) on Monday reported that its net profit for the second quarter
ended September 30, 2016 rose by 29 per cent at Rs 232.61 crore from the same period a year. In Q2 FY 2015-16, the company had
posted a net profit of Rs 180.37 crore, DHFL said in a filing to the Bombay Stock Exchange (BSE). In the quarter under review, the revenue
climbedby19.65percentatRs2,167.72croreinQ2FY17fromRs1,811.64croreinthesameperiodayearago.
Technical Outlook: On dailychart, stock has formed Long Legof Lower shadow candlestick withabove average volume which is a
trend continuation pattern and indicates for further upside movement. Moreover, stock has taken support of its 50 day moving
average which is placed at 279.00 level which also shows that near term trend is up. A momentum indicator RSI reading is at 61.61
level with positive crossover which point out for positive breath in the stock. So for trading perspective, one could Buy in range of
306-308forTargetof315withSLof302.50.
DHFL
IDEA
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
18th Oct 2016
Sell in range of 72-73 for Target of 68.50 with SL of 75.35
Buy in range of 306-308 for Target of 315 with SL of 302.50
Mukesh Ambani-owned Reliance Jio Infocomm has accused bigger rivals Vodafone and Idea Cellular of violating regulations by not
releasing adequate points of interconnection (Po-Is), resulting in severe call failures, and threatened to hold them “responsible for all
consequences.” In separate but identical letters to the incumbents dated October 12, Jio said the average call failure rate on Vodafone’s
network was more than 63% while on Idea network, it was 44% as on October 8. Jio claimed that it was due to inadequate PoIs being
providedtothenewcomer.
Technical Outlook: On daily chart, stock has been continuously trading below its 21 day moving average which is placed at 80.71
levelwhichshowsthatneartomediumtermtrendisstilldownandstockmightplungefurtherfromthepresentlevel.Besides,stock
has been trading in a lower top lower bottom formation on hourly chart, which also indicates for further downside movement. A
momentum indicator RSI reading is at 23.25 level with negative crossover which point out for negative breath in the stock. So for
tradingperspective,onecouldSellinrangeof72-73forTargetof68.50withSLof75.35
Asian stocks edged higher and the dollar consolidated recent gains on Tuesday though risk appetite was low as weak US markets
prompted investors to stay onthe sidelines. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.2 percent in
earlytrade.Australia'sbenchmarkindexwasup0.3percent.AscampaigningfortheUSpresidentialelectionsentersitshomestretch
and concerns about the Chinese economy deepen after weak trade data last week, risk aversion is broadly on the rise forcing
investorstocut positions aftera strong rally inriskyassets inthe thirdquarterof 2016. The Indianequitymarket is expectedtoopen
gapUptodaytrackingAsianindices.SGXNiftyistradingat8563Upby31points.
Wall Street ended modestlylower onMondayasenergy stocks retreated alongwith oilprices, while Amazon and Netflix
weighed on the consumer discretionary sector. Federal Reserve Vice Chairman Stanley Fischer warned that economic
stability could be threatened by low interest rates and noted the central bank is "very close" to its employment and
inflation targets, but said it was "not that simple" for the Fed to raise rates. The Dow Jones industrial average fell 51.98
points, or 0.29 percent, to 18,086.4, the S&P 500 lost 6.48 points, or 0.3 percent, to 2,126.5 and the Nasdaq Composite
dropped14.34points,or0.27percent,to5,199.82.

2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
18th Oct 2016
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Bulk Deal
Security in Ban
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 17/10/2016 532708 GVKPIL HSBC GLOBAL INVESTMENT FU NDS MAURITIUS S 57135461 6.30
2 17/10/2016 532708 GVKPIL HSBC GLOBAL INVESTMENT FUNDS INDIAN EQ B 57135461 6.30
3 17/10/2016 533264 ESL roundabout finance ltd S 12050000 3.17
4 17/10/2016 534060 PMCFIN VIBRANT SECURITIES PRIVATE LIMITED B 2694348 0.59
5 17/10/2016 534060 PMCFIN VIBRANT SECURITIES PRIVATE LIMITED S 2692796 0.59
6 17/10/2016 533144 COX&KINGS HSBC GLOBAL INVESTMENT FU NDS MAURITIUS S 1602846 219.00
7 17/10/2016 533144 COX&KINGS HSBC GLOBAL INVESTMENT FUNDS INDIAN EQ B 1602846 219.00
7 17/10/2016 531499 SYBLY ANKUR TUKARAM MAYEKAR S 492047 10.60
7 17/10/2016 531499 SYBLY ANKUR TUKARAM MAYEKAR B 492047 10.45
7 17/10/2016 531467 ARNAVCORP HARRODS TRADING PVT LTD S 453621 3.50
Corporate Action / Result Calendar
Indian Oil Corporation Limited; Bonus 1:1
Result Calendar:
7TEC, APOORVA, CANFINHOME, CLUTCHAUTO, GRNLAMIND, HATSUN, HAVELLS, LINEARIND,
MASTEK, PANCARBON & RASOI.
IBREALEST, JINDALSTEL.

3. SEBI Certified – Research Analyst www.choiceindia.com
Contact Us
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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
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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
18th Oct 2016
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
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: 2016.10.18 09:11:54 +05'30'