SlideShare a Scribd company logo
1 of 2
Download to read offline
Buy VIKASECO in Cash @ 17.20 SL 16.20 TGT 18.80
21th Oct , 2016
SEBI Registered – Research Analyst WWW.CHOICEBROKING.IN *Please Refer Disclaimer On Website
 On chart it seems that intermediate
correction has terminated at lower level and
stocks has formed strong base.
 In recent up move stock has crossed its short
term to long term moving average which
denotes positivity across all the time frame.
 Stock has iron out its previous hurdle point
which shows renewed interest.
 Positive DI is in positive territory and RSI is
also moving northward.
 Based on aforementioned rational further
movement can be expected upto 18.80
level.
www.choicebroking.incustomercare@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
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.

More Related Content

What's hot

Traders choice jklakshmi
Traders choice   jklakshmiTraders choice   jklakshmi
Traders choice jklakshmiChoice Equity
 
Traders choice jbchempharma
Traders choice   jbchempharmaTraders choice   jbchempharma
Traders choice jbchempharmaChoice Equity
 
Traders choice icicibank
Traders choice   icicibankTraders choice   icicibank
Traders choice icicibankChoice Equity
 
Traders choice petronet
Traders choice   petronetTraders choice   petronet
Traders choice petronetChoice Equity
 
Traders choice centurytext
Traders choice   centurytextTraders choice   centurytext
Traders choice centurytextChoice Equity
 
Traders choice uflex
Traders choice   uflexTraders choice   uflex
Traders choice uflexChoice Equity
 
Traders choice himatseide (2)
Traders choice   himatseide (2)Traders choice   himatseide (2)
Traders choice himatseide (2)Choice Equity
 
Traders choice jain irrigation
Traders choice   jain irrigationTraders choice   jain irrigation
Traders choice jain irrigationChoice Equity
 
Traders choice vipul ltd
Traders choice   vipul ltdTraders choice   vipul ltd
Traders choice vipul ltdChoice Equity
 
Traders choice petronet (2)
Traders choice   petronet (2)Traders choice   petronet (2)
Traders choice petronet (2)Choice Equity
 
Traders choice icicibank
Traders choice   icicibankTraders choice   icicibank
Traders choice icicibankChoice Equity
 
Traders choice syndibank
Traders choice   syndibankTraders choice   syndibank
Traders choice syndibankChoice Equity
 
Traders Choice - CYIENT
Traders Choice - CYIENTTraders Choice - CYIENT
Traders Choice - CYIENTChoice Equity
 
Traders choice bodalchem
Traders choice   bodalchemTraders choice   bodalchem
Traders choice bodalchemChoice Equity
 
Traders choice kwality
Traders choice   kwalityTraders choice   kwality
Traders choice kwalityChoice Equity
 
Traders choice pateleng
Traders choice   patelengTraders choice   pateleng
Traders choice patelengChoice Equity
 

What's hot (20)

Traders choice jklakshmi
Traders choice   jklakshmiTraders choice   jklakshmi
Traders choice jklakshmi
 
Traders choice jbchempharma
Traders choice   jbchempharmaTraders choice   jbchempharma
Traders choice jbchempharma
 
Traders choice icicibank
Traders choice   icicibankTraders choice   icicibank
Traders choice icicibank
 
Traders choice itc
Traders choice   itcTraders choice   itc
Traders choice itc
 
Traders choice petronet
Traders choice   petronetTraders choice   petronet
Traders choice petronet
 
Traders choice centurytext
Traders choice   centurytextTraders choice   centurytext
Traders choice centurytext
 
Techno Buy (DHFL)
Techno Buy (DHFL)Techno Buy (DHFL)
Techno Buy (DHFL)
 
Traders choice uflex
Traders choice   uflexTraders choice   uflex
Traders choice uflex
 
Traders choice himatseide (2)
Traders choice   himatseide (2)Traders choice   himatseide (2)
Traders choice himatseide (2)
 
Traders choice jain irrigation
Traders choice   jain irrigationTraders choice   jain irrigation
Traders choice jain irrigation
 
Traders choice vipul ltd
Traders choice   vipul ltdTraders choice   vipul ltd
Traders choice vipul ltd
 
Traders choice petronet (2)
Traders choice   petronet (2)Traders choice   petronet (2)
Traders choice petronet (2)
 
Traders choice icicibank
Traders choice   icicibankTraders choice   icicibank
Traders choice icicibank
 
Traders choice syndibank
Traders choice   syndibankTraders choice   syndibank
Traders choice syndibank
 
Traders Choice - CYIENT
Traders Choice - CYIENTTraders Choice - CYIENT
Traders Choice - CYIENT
 
Traders choice bodalchem
Traders choice   bodalchemTraders choice   bodalchem
Traders choice bodalchem
 
Traders choice capf
Traders choice   capfTraders choice   capf
Traders choice capf
 
Traders choice kwality
Traders choice   kwalityTraders choice   kwality
Traders choice kwality
 
Traders choice pateleng
Traders choice   patelengTraders choice   pateleng
Traders choice pateleng
 
Traders choice gppl
Traders choice   gpplTraders choice   gppl
Traders choice gppl
 

Similar to Traders choice vikaseco

Traders choice : inoxleisure
Traders choice :  inoxleisureTraders choice :  inoxleisure
Traders choice : inoxleisureChoice Equity
 
Traders choice adaniport
Traders choice   adaniportTraders choice   adaniport
Traders choice adaniportChoice Equity
 
Traders choice maxindia
Traders choice   maxindiaTraders choice   maxindia
Traders choice maxindiaChoice Equity
 
Traders Choice: Adani Port
Traders Choice: Adani PortTraders Choice: Adani Port
Traders Choice: Adani Portchoice broking
 
Traders Choice- GICHSGFIN
Traders Choice- GICHSGFINTraders Choice- GICHSGFIN
Traders Choice- GICHSGFINChoice Equity
 
Traders choice eveready
Traders choice   evereadyTraders choice   eveready
Traders choice evereadyChoice Equity
 
Traders choice jklakshmi
Traders choice   jklakshmiTraders choice   jklakshmi
Traders choice jklakshmiChoice Equity
 
Traders Choice: FIEMIND
Traders Choice: FIEMINDTraders Choice: FIEMIND
Traders Choice: FIEMINDchoice broking
 
Traders choice infibeam
Traders choice   infibeamTraders choice   infibeam
Traders choice infibeamChoice Equity
 
Traders choice centuryply
Traders choice   centuryplyTraders choice   centuryply
Traders choice centuryplyChoice Equity
 
Traders choice canfinhome
Traders choice   canfinhomeTraders choice   canfinhome
Traders choice canfinhomeChoice Equity
 
Traders Choice - SRTRANSFIN
Traders Choice - SRTRANSFINTraders Choice - SRTRANSFIN
Traders Choice - SRTRANSFINchoice broking
 
Traders Choice-POLARIS
Traders Choice-POLARISTraders Choice-POLARIS
Traders Choice-POLARISchoice broking
 
Traders choice orientbank
Traders choice   orientbankTraders choice   orientbank
Traders choice orientbankChoice Equity
 
Traders choice jswsteel
Traders choice   jswsteelTraders choice   jswsteel
Traders choice jswsteelChoice Equity
 
Traders choice paragmilk
Traders choice   paragmilkTraders choice   paragmilk
Traders choice paragmilkChoice Equity
 

Similar to Traders choice vikaseco (20)

Traders choice : inoxleisure
Traders choice :  inoxleisureTraders choice :  inoxleisure
Traders choice : inoxleisure
 
Traders choice fsl
Traders choice   fslTraders choice   fsl
Traders choice fsl
 
Traders choice adaniport
Traders choice   adaniportTraders choice   adaniport
Traders choice adaniport
 
Traders choice maxindia
Traders choice   maxindiaTraders choice   maxindia
Traders choice maxindia
 
Traders Choice: Adani Port
Traders Choice: Adani PortTraders Choice: Adani Port
Traders Choice: Adani Port
 
Traders Choice- GICHSGFIN
Traders Choice- GICHSGFINTraders Choice- GICHSGFIN
Traders Choice- GICHSGFIN
 
Traders choice pvr
Traders choice   pvrTraders choice   pvr
Traders choice pvr
 
Traders choice eveready
Traders choice   evereadyTraders choice   eveready
Traders choice eveready
 
Traders choice jklakshmi
Traders choice   jklakshmiTraders choice   jklakshmi
Traders choice jklakshmi
 
Traders Choice: FIEMIND
Traders Choice: FIEMINDTraders Choice: FIEMIND
Traders Choice: FIEMIND
 
Traders choice infibeam
Traders choice   infibeamTraders choice   infibeam
Traders choice infibeam
 
Traders choice centuryply
Traders choice   centuryplyTraders choice   centuryply
Traders choice centuryply
 
Traders choice kei
Traders choice   keiTraders choice   kei
Traders choice kei
 
Traders choice canfinhome
Traders choice   canfinhomeTraders choice   canfinhome
Traders choice canfinhome
 
Traders Choice - SRTRANSFIN
Traders Choice - SRTRANSFINTraders Choice - SRTRANSFIN
Traders Choice - SRTRANSFIN
 
Traders choice ufo
Traders choice   ufoTraders choice   ufo
Traders choice ufo
 
Traders Choice-POLARIS
Traders Choice-POLARISTraders Choice-POLARIS
Traders Choice-POLARIS
 
Traders choice orientbank
Traders choice   orientbankTraders choice   orientbank
Traders choice orientbank
 
Traders choice jswsteel
Traders choice   jswsteelTraders choice   jswsteel
Traders choice jswsteel
 
Traders choice paragmilk
Traders choice   paragmilkTraders choice   paragmilk
Traders choice paragmilk
 

Recently uploaded

falcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunitiesfalcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunitiesFalcon Invoice Discounting
 
+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...
+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...
+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...Health
 
Avoidable Errors in Payroll Compliance for Payroll Services Providers - Globu...
Avoidable Errors in Payroll Compliance for Payroll Services Providers - Globu...Avoidable Errors in Payroll Compliance for Payroll Services Providers - Globu...
Avoidable Errors in Payroll Compliance for Payroll Services Providers - Globu...globusfinanza
 
Dubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai Multiple
Dubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai MultipleDubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai Multiple
Dubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai Multiplekojalpk89
 
Responsible Finance Principles and Implication
Responsible Finance Principles and ImplicationResponsible Finance Principles and Implication
Responsible Finance Principles and ImplicationNghiaPham100
 
+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...
+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...
+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...Health
 
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.hyt3577
 
Shrambal_Distributors_Newsletter_May-2024.pdf
Shrambal_Distributors_Newsletter_May-2024.pdfShrambal_Distributors_Newsletter_May-2024.pdf
Shrambal_Distributors_Newsletter_May-2024.pdfvikashdidwania1
 
fundamentals of corporate finance 11th canadian edition test bank.docx
fundamentals of corporate finance 11th canadian edition test bank.docxfundamentals of corporate finance 11th canadian edition test bank.docx
fundamentals of corporate finance 11th canadian edition test bank.docxssuserf63bd7
 
abortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadh
abortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadhabortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadh
abortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadhsamsungultra782445
 
Call Girls Howrah ( 8250092165 ) Cheap rates call girls | Get low budget
Call Girls Howrah ( 8250092165 ) Cheap rates call girls | Get low budgetCall Girls Howrah ( 8250092165 ) Cheap rates call girls | Get low budget
Call Girls Howrah ( 8250092165 ) Cheap rates call girls | Get low budgetSareena Khatun
 
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...Henry Tapper
 
Webinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech BelgiumWebinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech BelgiumFinTech Belgium
 
Group 8 - Goldman Sachs & 1MDB Case Studies
Group 8 - Goldman Sachs & 1MDB Case StudiesGroup 8 - Goldman Sachs & 1MDB Case Studies
Group 8 - Goldman Sachs & 1MDB Case StudiesNghiaPham100
 
Q1 2024 Conference Call Presentation vF.pdf
Q1 2024 Conference Call Presentation vF.pdfQ1 2024 Conference Call Presentation vF.pdf
Q1 2024 Conference Call Presentation vF.pdfAdnet Communications
 
Strategic Resources May 2024 Corporate Presentation
Strategic Resources May 2024 Corporate PresentationStrategic Resources May 2024 Corporate Presentation
Strategic Resources May 2024 Corporate PresentationAdnet Communications
 
cost-volume-profit analysis.ppt(managerial accounting).pptx
cost-volume-profit analysis.ppt(managerial accounting).pptxcost-volume-profit analysis.ppt(managerial accounting).pptx
cost-volume-profit analysis.ppt(managerial accounting).pptxazadalisthp2020i
 
Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024Adnet Communications
 
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...janibaber266
 

Recently uploaded (20)

falcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunitiesfalcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunities
 
+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...
+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...
+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...
 
Avoidable Errors in Payroll Compliance for Payroll Services Providers - Globu...
Avoidable Errors in Payroll Compliance for Payroll Services Providers - Globu...Avoidable Errors in Payroll Compliance for Payroll Services Providers - Globu...
Avoidable Errors in Payroll Compliance for Payroll Services Providers - Globu...
 
Dubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai Multiple
Dubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai MultipleDubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai Multiple
Dubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai Multiple
 
Responsible Finance Principles and Implication
Responsible Finance Principles and ImplicationResponsible Finance Principles and Implication
Responsible Finance Principles and Implication
 
+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...
+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...
+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...
 
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
 
Shrambal_Distributors_Newsletter_May-2024.pdf
Shrambal_Distributors_Newsletter_May-2024.pdfShrambal_Distributors_Newsletter_May-2024.pdf
Shrambal_Distributors_Newsletter_May-2024.pdf
 
fundamentals of corporate finance 11th canadian edition test bank.docx
fundamentals of corporate finance 11th canadian edition test bank.docxfundamentals of corporate finance 11th canadian edition test bank.docx
fundamentals of corporate finance 11th canadian edition test bank.docx
 
abortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadh
abortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadhabortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadh
abortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadh
 
W.D. Gann Theory Complete Information.pdf
W.D. Gann Theory Complete Information.pdfW.D. Gann Theory Complete Information.pdf
W.D. Gann Theory Complete Information.pdf
 
Call Girls Howrah ( 8250092165 ) Cheap rates call girls | Get low budget
Call Girls Howrah ( 8250092165 ) Cheap rates call girls | Get low budgetCall Girls Howrah ( 8250092165 ) Cheap rates call girls | Get low budget
Call Girls Howrah ( 8250092165 ) Cheap rates call girls | Get low budget
 
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
 
Webinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech BelgiumWebinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech Belgium
 
Group 8 - Goldman Sachs & 1MDB Case Studies
Group 8 - Goldman Sachs & 1MDB Case StudiesGroup 8 - Goldman Sachs & 1MDB Case Studies
Group 8 - Goldman Sachs & 1MDB Case Studies
 
Q1 2024 Conference Call Presentation vF.pdf
Q1 2024 Conference Call Presentation vF.pdfQ1 2024 Conference Call Presentation vF.pdf
Q1 2024 Conference Call Presentation vF.pdf
 
Strategic Resources May 2024 Corporate Presentation
Strategic Resources May 2024 Corporate PresentationStrategic Resources May 2024 Corporate Presentation
Strategic Resources May 2024 Corporate Presentation
 
cost-volume-profit analysis.ppt(managerial accounting).pptx
cost-volume-profit analysis.ppt(managerial accounting).pptxcost-volume-profit analysis.ppt(managerial accounting).pptx
cost-volume-profit analysis.ppt(managerial accounting).pptx
 
Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024
 
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
 

Traders choice vikaseco

  • 1. Buy VIKASECO in Cash @ 17.20 SL 16.20 TGT 18.80 21th Oct , 2016 SEBI Registered – Research Analyst WWW.CHOICEBROKING.IN *Please Refer Disclaimer On Website  On chart it seems that intermediate correction has terminated at lower level and stocks has formed strong base.  In recent up move stock has crossed its short term to long term moving average which denotes positivity across all the time frame.  Stock has iron out its previous hurdle point which shows renewed interest.  Positive DI is in positive territory and RSI is also moving northward.  Based on aforementioned rational further movement can be expected upto 18.80 level.
  • 2. www.choicebroking.incustomercare@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 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.