1. SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
06th March 2017
World Market:
The S&P 500 and Nasdaq closed out their sixth straight week of gains with a flat session after Janet Yellen
signalled the Federal Reserve is set to raise interest rates this month if employment and other economic data
hold up. Strategists said the Fed Chair's comments likely cement a rate hike at the Fed's March 14-15 meeting.
The Dow Jones Industrial Average closed up 2.74 points, or 0.01 percent, to 21,005.71, the S&P 500 gained 1.2
points, or 0.05 percent, to 2,383.12 and the Nasdaq Composite added 9.53 points, or 0.16 percent, to 5,870.75.
Asian Market:
Asian shares were warily mixed on Monday, as geopolitical risks in Asia heighten after North Korea fired
multiple ballistic missiles. North Korea fired multiple missiles off its east coast, which flew about 1,000 km (620
miles), South Korea's military said, while Japan said three missiles landed inside its exclusive economic zone and
that it would not tolerate the hermit state's provocative actions.
Japan's Nikkei 225 fell 0.43 percent, while the Kospi was down 0.12 percent. Chinese stocks were resiliently
higher, with Shanghai composite up 0.03 percent and Shenzhen composite added 0.3 percent. Hong Kong's
Hang Seng index was up 0.46 percent.
The Indian equity market is expected to open flat to positive today tracking Asian indices. SGX Nifty is trading at
8938, Up by 16.50 points.
February AutoSales: Bharat Forge In Focus; Class 8 Truck Orders Up 28% At 22,900 Units YoY
Tata Steel may scrap merger plans with ThyssenKrupp
SEBI and RBI in territorial war over the HDFC Bank trades
Tata in talks with vanguard , Allianz to sell stake in MF business
Srei Infra to acquire dahej port project
GUJFLUORO Buy in the range of 535-538 for Target of 555 with SL of 520
On an hourly chart, the stock has been trading in a higher top higher bottom formation since last many days which
indicates a continuation of the trend. Besides, the stock has been trading above its 200 days moving average which
shows that the stock has enough strength to move forward. A momentum indicator RSI reading is at 66.30 level
with a positive crossover which points out for a positive breath in the stock. So for trading perspective, one could
Buy in the range of 535-538 for Target of 555 with SL of 520.
BALMLAWRIE Buy in the range of 219-221 for Target of 228 with SL of 213
On a daily chart, the stock has formed a long bull candlestick with above average volume which indicates
accentuated buying activity during the last trading session. Moreover, the stock has managed to close above its 21
days moving average which is placed at 215.20 level which shows that near to medium term trend has changed to
up. A momentum indicator RSI reading is at 53.53 level with a positive crossover which points out for a positive
breath in the stock. So for trading perspective, one could Buy in the range of 219-221 for Target of 228 with SL of
213.
Stock/Sector - News
Global Update
2. Result Calendar:
BRFL, COALIDIA, EMAMILTD, PGFOILQ & TVSMOTOR
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
06th March 2017
Corporate Action / Result Calendar
JINDALSTEL & JPASSOCIAT
Security in Ban
Bulk Deal
Deal Date Security Code Security Name Client Name Deal Type Quantity Price
3/3/2017 502742 SINTEX PAM-A/C PLATINUMASIA FUND S 9,094,281 93.75
3/3/2017 502742 SINTEX MERRILL LYNCH MARKETS SINGAPORE PTE. LTD. B 5,700,000 93.75
3/3/2017 539132 VEGETABLE SILVERLAKE DEALERS LLP B 4,657,520 4.1
3/3/2017 502465 SPECIAPP ETHAN CONSTRUCTIONS PRIVATE LIMITED S 2,904,153 0.92
3/3/2017 539132 VEGETABLE VINITA DAGA S 2,035,600 4.1
3/3/2017 524711 VISTAPH PRADEEP KUMAR SAMALA S 1,900,000 26.03
3/3/2017 502465 SPECIAPP ETHAN CONSTRUCTIONS PRIVATE LIMITED B 1,732,070 0.92
3/3/2017 502465 SPECIAPP BHAVIN Y MEHTA B 1,172,996 0.92
3/3/2017 502465 SPECIAPP BHAVIN Y MEHTA S 1,172,995 0.92
3/3/2017 532312 GEOMETRIC MANU PARPIA S 1,000,000 259.5
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.
06th March 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: 2017.03.06 08:41:21 +05'30'
