SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website

Morning Tea 04th Feb 2019

Global Market: Wall Street ended mixed on Friday, as optimism from a surge in January US job growth was offset by a weaker-

than-expected outlook from Amazon.com Inc that battered retail stock The Dow Jones Industrial Average climbed 0.26 percent to end the week at 25,063.89 points, while the S&P 500

edged 0.09 percent higher to 2,706.53. The Nasdaq Composite dropped 0.25 percent to 7,263.87.

Asian Market: Asia stocks quiet, dollar supported after upbeat US jobs data, Asia stocks were barely moved on Monday, staying

near a four-month high after Wall Street’s tepid pre-weekend performance, while the dollar was supported against the yen following strong US jobs and manufacturing data.

MSCI’s broadest index of Asia-Pacific shares outside Japan was basically unchanged, capped below the four-month peak scaled on Friday. Japan’s Nikkei added 0.4 percent. China’s financial markets are closed all week for the Lunar New Year holiday.

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 14.5 points or 0.13 percent. Nifty futures were trading around 10,897-level on the Singaporean Exchange.

DMART Buy in the range of 1450.10 & Upto 1442.95 for the Target of 1543.95 with the SL of 1399.65 On a daily chart, the Stock has given breakout of its range bound movement with above average volume which indicate further upside movement in the stock . A daily momentum indicator RSI reading is at 50.04 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 1450.10 & Upto 1442.95 for the Target of 1543.95 with the SL of 1399.65. MFSL Sell in the range of 373.50 & Upto 375.40 for the Target of 360.65 with the SL of 386.50 On a Daily chart, the stock has been trading below 21&50 DMA which shows southward movement in the stock. Furthermore, the stock has formed big bearish candle with above average volume which indicates a further weakness in the counter. A daily momentum indicator RSI reading is at 30.93 level with a negative crossover which points out for a negative breath in the counter. So for trading perspective, one could Sell in the range of 373.50 & Upto 375.40 for the Target of 360.85 with the SL of 386.50.

Stock/Sector - News

Global Update

Syndicate Bank Q3-Net profit at Rs 107.9 cr vs loss of Rs 869.7 cr (YoY). Wipro launches Next-Gen ATSC 3.0 Digital TV receiver solution. National Fertilizers declared payment of interim dividend of Rs 1.09 (10.90%) per equity share for the

financial year 2018-19. Tata Motors January auto sales:Total domestic sales down 8% at 54,915 units vs 59,441 units, CV domestic

sales down 6% at 37,089 units vs 39,386 units. Cyient approves buyback of shares worth Rs 200 crore, buyback at not more than Rs 700 per share. Tata Steel board meeting on February 8, 2019 to consider unaudited consolidated financial results for the

quarter ended December 31, 20.

SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website

Morning Tea 04th Feb 2019

IDBI.

Security in Ban

Bulk Deal

Results: AADIIND,ABAN,ABFRL,ACGL,ADVIKCA,AEL,AJMERA,APCL,APMIN,ARTEMIS,BALRAMCHIN,BAYERCROP,BBTC,BHAGWOX,CAPACITE,CIL,CIMMCO,COCHMAL,COVIDH,CPL,CYBERTECH,DATASOFT,EPSOMPRO,EXIDEIND,FMEC,FRETAIL,FSL,GARDENSILK,GLAXO,GODREJAGRO,GREAVESCOT,GRINDWELL,GUJCOTEX,HONAUT,HYPERSOFT,IBRIGST,IDBI,INDICAP,INSECTICID,IPOWER,IRB,KEI,KIRANSYB,KRYPTONQ,LAKSHVILAS,LAXMIMACH,LEHAR,LKPSEC,LUMAXIND,MARIS,MMRUBBRB,MODERN,MORARJEE,MOREPENLAB,MOSCHIP,MSECURI,MUNJALSHOW,NAVNETEDUL,NETWORK,NEXTMEDIA,NIBL,NOVARTIND,NRBBEARING,OMKARCHEM,ORBTEXP,PANCHMAHQ,PAOS,PAZEL,PIONEEREMB,RAGHUSYN,RNAVAL,ROHLTD,SAICOM,SANINFRA,SATIN,SCFL,SHRAJOI,SHREEGANES,SPARC,SPSL,SREINFRA,SRF,SRINACHA,SSLEL,STARCEMENT,STYLAMIND,SWORDEDGE,TATAINVEST,TEXINFRA,TEXRAIL,TIFHL,TWL,UNIQUEO,WELSPUNIND,WHIRLPOOL,XOINFO,ZENOTECH,ZEXDONTR,ZFSTEERING,ZWELCAST.

Deal Date Security Code Security Name Client Name Deal Type Quantity Price

01-02-19 538557 SAIBABA TAIYAB HAIDERALI NOORANI . B 5,700,000 1.92

01-02-19 538607 TOYAMIND SONIA DHIRAJ KHANDELWAL S 2,000,000 3.85

01-02-19 538557 SAIBABA AJAYSINH PRAVINSINH DEVDA S 1,843,200 1.92

01-02-19 538557 SAIBABA SHAILESHKUMAR BABULAL PATEL S 1,200,000 1.92

01-02-19 534734 RMCHEM AJAYSINH PRAVINSINH DEVDA B 1,150,000 1.77

01-02-19 538557 SAIBABA SWETA MAULIKKUMAR SHAH S 912,000 1.93

01-02-19 538557 SAIBABA DIPEN MAHESHBHAI SHAH S 650,000 1.91

01-02-19 511710 CUBIFIN KANCHENJUNGA ADVERTISING P LTD S 500,000 1.05

01-02-19 511710 CUBIFIN ASHWANI KUMAR GUPTA B 499,900 1.05

01-02-19 537766 BCP DIPESH SITARAM GORULE S 432,417 40.49

SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website

Morning Tea

Contact Us

www.choicebroking.in customercare@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.

Research Team

Mr. Sumeet Bagadia Executive Director

Kkunal Parar Sr. Research Associate

Surendra Bhaskar Research Associate

Palak Kothari Research Associate

Harsha Sharma Research Associate

Diksha Mahtre Research Advisor

Karan Bhatt Research Advisor