morning tea - cms.jiffy.in€¦ · 13-02-2019  · sebi registered – research analyst * please...

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SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website Morning Tea 13 th Feb 2019 Global Market: Wall Street rallied on Tuesday as investors were heartened by a tentative congressional spending deal to avoid another partial federal government shutdown and by optimism surrounding US-China trade negotiations. All three major US stock indexes posted their biggest one-day percentage gains for the month so far, each advancing more than 1 percent. The S&P 500 ended the session above its 200-day moving average for the first time since early December. The Dow Jones Industrial Average rose 372.65 points, or 1.49 percent, to 25,425.76, the S&P 500 gained 34.93 points, or 1.29 percent, to 2,744.73 and the Nasdaq Composite added 106.71 points, or 1.46 percent, to 7,414.62. Asian Market: Asian stocks pulled ahead and safe-haven government bonds came under further pressure on Wednesday on optimism the United States and China might be able to hammer out a deal to resolve their nearly year-long trade dispute. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2 percent. South Korea’s KOSPI gained 0.5 percent and Japan’s Nikkei climbed 1 percent. Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 21.5 points or 0.2 percent. Nifty futures were trading around 10,883-level on the Singaporean Exchange. DBL Buy in the range of 369.45 & Upto 367.60 for the Target of 383.35 with the SL of 358.35 On a daily chart, the stock has given a breakout of its range bound movement with above average volume which indicates robust upside movement in the counter. Moreover, the stock has started to trade above its 21 Days Moving Average which shows a positive rhythm in the counter. So for trading perspective, one could Buy in the range of 369.45 & Upto 367.60 for the Target of 383.35 with the SL of 358.35. ESCORTS Sell in the range of 607.65 & Upto 610.75 for the Target of 580.00 with the SL of 629.00 On a daily chart, the stock has given a breakout of its lower band of Upward Rising Channel formation with above average volume which indicates a further weakness in the counter. Moreover, the stock has started to trade below its 21 Weeks Moving Average which also suggest a negative momentum in the counter. So for trading perspective, one could Sell in the range of 607.65 & Upto 610.75 for the Target of 580.00 with the SL of 629.00. Stock/Sector - News Global Update Sun Pharma Q3: Consolidated profit jumps to Rs 1,241.8 crore versus Rs 321.6 crore; revenue rises 16.3 percent to Rs 7,740.2 crore versus Rs 6,653.2 crore YoY. Bata India Q3: Profit spikes 51.4 percent to Rs 103.2 crore versus Rs 68.1 crore; revenue rises 5.5 percent to Rs 778.7 crore versus Rs 674 crore YoY. Transport Corporation of India Q3: Profit rises to Rs 30 crore versus Rs 28 crore; revenue increases to Rs 662.5 crore versus Rs 555.3 crore YoY. Dr Reddy's Labs: Company's officials will be attending Edelweiss India Conference, 2019 in Mumbai.

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Page 1: Morning Tea - cms.jiffy.in€¦ · 13-02-2019  · SEBI Registered – Research Analyst * Please Refer Disclaimer on Website Morning Tea 13th Feb 2019 ADANIENT, DHFL, IDBI, JETAIRWAYS,

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

Morning Tea 13th Feb 2019

Global Market: Wall Street rallied on Tuesday as investors were heartened by a tentative congressional spending deal to avoid

another partial federal government shutdown and by optimism surrounding US-China trade negotiations. All three major US stock indexes posted their biggest one-day percentage gains for the month so far, each

advancing more than 1 percent. The S&P 500 ended the session above its 200-day moving average for the first time since early December.

The Dow Jones Industrial Average rose 372.65 points, or 1.49 percent, to 25,425.76, the S&P 500 gained 34.93 points, or 1.29 percent, to 2,744.73 and the Nasdaq Composite added 106.71 points, or 1.46 percent, to 7,414.62.

Asian Market: Asian stocks pulled ahead and safe-haven government bonds came under further pressure on Wednesday on

optimism the United States and China might be able to hammer out a deal to resolve their nearly year-long trade dispute.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2 percent. South Korea’s KOSPI gained 0.5 percent and Japan’s Nikkei climbed 1 percent.

Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 21.5 points or 0.2 percent. Nifty futures were trading around 10,883-level on the Singaporean Exchange.

DBL Buy in the range of 369.45 & Upto 367.60 for the Target of 383.35 with the SL of 358.35

On a daily chart, the stock has given a breakout of its range bound movement with above average volume which indicates robust upside movement in the counter. Moreover, the stock has started to trade above its 21 Days Moving Average which shows a positive rhythm in the counter. So for trading perspective, one could Buy in the range of 369.45 & Upto 367.60 for the Target of 383.35 with the SL of 358.35. ESCORTS Sell in the range of 607.65 & Upto 610.75 for the Target of 580.00 with the SL of 629.00

On a daily chart, the stock has given a breakout of its lower band of Upward Rising Channel formation with above average volume which indicates a further weakness in the counter. Moreover, the stock has started to trade below its 21 Weeks Moving Average which also suggest a negative momentum in the counter. So for trading perspective, one could Sell in the range of 607.65 & Upto 610.75 for the Target of 580.00 with the SL of 629.00.

Stock/Sector - News

Global Update

Sun Pharma Q3: Consolidated profit jumps to Rs 1,241.8 crore versus Rs 321.6 crore; revenue rises 16.3 percent to Rs 7,740.2 crore versus Rs 6,653.2 crore YoY.

Bata India Q3: Profit spikes 51.4 percent to Rs 103.2 crore versus Rs 68.1 crore; revenue rises 5.5 percent to Rs 778.7 crore versus Rs 674 crore YoY.

Transport Corporation of India Q3: Profit rises to Rs 30 crore versus Rs 28 crore; revenue increases to Rs 662.5 crore versus Rs 555.3 crore YoY.

Dr Reddy's Labs: Company's officials will be attending Edelweiss India Conference, 2019 in Mumbai.

Page 2: Morning Tea - cms.jiffy.in€¦ · 13-02-2019  · SEBI Registered – Research Analyst * Please Refer Disclaimer on Website Morning Tea 13th Feb 2019 ADANIENT, DHFL, IDBI, JETAIRWAYS,

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

Morning Tea 13th Feb 2019

Results: 1STCUS, 8KMILES, A2ZINFRA, AADHAARVEN, AARCOM, AARVEEDEN, ACEEDU, ACEMEN, ACIASIA, ACTIONFI, ADANIGAS, ADANITRANS, ADHUNIKIND, ADVIKLA, AHLEAST, AIIL, AIML, AJWAFUN, AKSPINTEX, ALCHEM, ALKA, ANJANI, ANSALAPI, ANSALHSG, APLAB, APPLEFIN, ARAVALIS, ARCOTECH, AREALTY, ARFIN, ARHNTTO, ARIES, ARMAN, ARNOLD, ARSSINFRA, ASHFL, ASHNOOR, ASIANTNE, ASIFOOD, ASIIL, ASIL, ASTAR, ASTERDM, AUNDEFAZE, AUTOPRD, AUTORIDFIN, AVONMORE, BALGOPAL, BALPHARMA, BANSTEA, BARONINF, BCLENTERPR, BEARDSELL, BEEKAY, BENTCOM, BETXIND, BGIL, BHARATAGRI, BHARATFORG, BHASKAGR, BHATEXT, BIGBLOC, BINANIIND, BINNY, BIOFILCHEM, BIRLACOT, BJDUP, BKV, BLCISER, BNRSEC, BODHTREE, BOMOXY-B1, BOSCHLTD, BPCAP, BRIGHTBR, BVCL, CAPITALT, CAPRO, CAREERP, CCHHL, CEBBCO, CELLA, CENPORT, CENTERAC, CHEVIOT, CHITRTX, CHOKSILA, CHORDIA, CIFL, CINDHO, CINDRELL, CINELINE, CINEVISTA, CITL, CITURGIA, CITYONLINE, CLIOINFO, CMMHOSP, COMPUAGE, CONCORD, CONTICON, COSMOFILMS, COUNCODOS, COVENTRY, CRAVATEX, DANUBE, DDIL, DECANBRG, DELTALTD, DESHRAK, DFL, DHANADACO, DHANROTO, DHARSUGAR, DHINDIA, DIAMANT, DIVINUS, DOLPHMED, DWITIYA, DYNAMICP, ECOBOAR, EFFTXT, ELAND, ELECTHERM, ELEFLOR, EMPOWER, EPIC, ERPSOFT, FACORALL, FIVECORE, FIVEXTRADE, FOCUSIRL, FORCEMOT, FORINTL, FORTIS, FRONTCORP, FUNNY, GAGAN, GAJANANSEC, GAJRA, GAL, GANONPRO, GARBIFIN, GARFIBRES, GAYAHWS, GBFL, GDLLEAS, GILLANDERS, GIRDSGA, GLANCE, GLOBAL, GMDCLTD, GODREJIND, GOLDENTOBC, GOLDIAM, GOLKUNDIA, GOODYEAR, GPTINFRA, GRAUWEIL, GREYCELLS, GRNLAMIND, GSS, GTNTEX, GTV, GUFICBIO, GUJAPOLLO, GUJFLUORO, GUJINV, GUJRAFIA, GULFOILLUB, GULPOLY, GVBL, GYTRIPA, HARRMALAYA, HINDADH, HINDCOMPOS, HINDNATGLS, HINDTIN, HOCL, HOVS, HPCOTTON, HPL, HRYNSHP, HUBTOWN, HUIL, ICDSLTD, IGARASHI, IGLFXPL-B, IKFTECH, IMCAP, INDCTST, INDINFRA, INDOBORAX, INDOGLOBAL, INDORAMA, INDOVATION, INDSOYA, INDSUCR, INNOCORP, INTRGLB, IRISMEDIA, ISWL, ITHL, ITL, IVP, IWP, JACKSON, JAGJANANI, JAGSNPHARM, JAIPAN, JAYKAY, JAYSYN, JINDWORLD, JJEXPO, JMDVL, JOINDRE, JOYREALTY, KAKTEX, KANCHI, KANDAGIRI, KANORICHEM, KAPASHI, KAPILRAJ, KARNAVATI, KAVITIND, KAYCEEI, KBSINDIA, KCP, KDDL, KECL, KESARENT, KFL, KHAITANELE, KHOOBSURAT, KHTRFIB, KINETICENG, KIRIINDUS, KKPLASTICK, KLBRENG-B, KOCL, KOTHARIFIN, KOTIC, KRATOSENER, KREONFIN, KRISHNA, KUBERJI, KUWERIN, LAFFANSQ, LAHL, LALITPL, LANCER, LEMONTREE, LESHAIND, LIBORD, LIBORDFIN, LIPPISYS, LOTUSCHO, LOYAL, MACINTR, MAGANTR, MAHACORP, MAKERSL, MALLCOM, MANINFRA, MAYURUNIQ, MBECL, MCLTD, MEFCOM, MEFCOMCAP, MERCATOR, MERMETL, MESPHAR-B, METALCO, MIC, MIDESTI-B, MIDINFRA, MINALIND, MIRCH, MISHKA, MKEL, MMWL, MNKALCOLTD, MNKCMILTD, MODIRUBBER, MPAGI, MRUTR, MUKTA, MUKTAARTS, MUNOTHFI, MURUDCERA, MYSORPETRO, NAGTECH, NAPL, NATECO, NATPLASTI, NBCC, NCCBLUE, NCCFIN, NDMETAL, NEERAJ, NEWLIGHT, NFIL, NHCFOODS, NIMBSPROJ, NIPPOBATRY, NITESHEST, NTCIND, NUTECGLOB, OFSS, ONELIFECAP, OONE, ORCHIDPHAR, ORIBEVER, ORIENTTR, PAEL, PANCM, PARAGONF, PARKERAC, PARNAXLAB, PARTANI, PASUFIN, PATSPINLTD, PAWANSUT, PBAINFRA, PCS, PEETISEC, PERVASIVE, PFLINFOTC, PGFOILQ, PGINDST, PHYTO, PIONRINV, PNCINFRA, POLYCON, POLYPLEX, PORWAL, PRABHAT, PRAKASHCON, PRATIKSH, PRIMECAPM, PROFINC, PROSEED, PROVESTSER, PROZONINTU, PSITINFRA, PTCIL, PUNCTRD, PUNITCO, QUICKHEAL, RADAAN, RAHME, RAIDEEPIND, RAJINFRA, RAJKSYN, RAJRAYON, RAJTV, RALEGRA, RAMAVISION, RAMKY, RAYALEMA, RAYLA, RCCEMEN, REALSTR, REGAL, REGTRUS, RELCAPITAL, RELIABVEN, RELICTEC, REPCOHOME, RGRL, RIDHISYN, RISAINTL, RISHITECH, RMCHEM, ROHITFERRO, RSWM, RUBYMILLS, RUCHIRA, RUCHISOYA, SAFARIND, SAGARPROD, SAIBABA, SAKSOFT, SALSAIN, SALSTEEL, SAMBANDAM, SAMTEX, SANDESH, SANGAMIND, SANGFROID, SANHP, SANJIVIN, SANPA, SARTHAKGL, SASTASUNDR, SATIA, SAURASHCEM, SAVERA, SBECSUG, SBFL, SBL, SCANDENT, SCAPDVR, SCHAEFFLER, SCHNEIDER, SENINFO, SGL, SHAHALLOYS, SHAHISHIP, SHALPRO, SHANGAR, SHAQUAK, SHARDA, SHILCTECH, SHINDL, SHIVAGR, SHREEPAC, SHREERAMA, SHRIBCL, SHRICON, SHUKJEW, SHUKRAPHAR, SHVSUIT, SHYAMAINFO, SICAGEN, SIFL, SIKOZY, SILVERO, SITINET, SKCIL, SKRABUL, SLSTLQ, SMCREDT, SODFC, SOFCOM, SOFTBPO, SOFTSOL, SOMATEX, SONALAD, SOWBHAGYA, SPAL, SPENTEX, SPLIL, SRECR, SRHHYPOLTD, SRMCL, STAMPEDE, STANCAP, STANPACK, STARLIT, STDSHOE, STEP2COR, STERSPN, SUDTIND-B, SUNLOC, SURCHIN, SVAMSOF, SWARNSAR, SWOEF, TAAZAINT, TAKE, TALWGYM, TAMJAIM, TANTIACONS, TECHNVISN, TEJNAKSH, TERAI, THAMBBI, THEBYKE, TIIL, TIRUSTA, TMRVL, TNPL, TNTELE, TOWASOK, TRADWIN, TRANSASIA, TRIL, TRITONV, TRIVENI, TTIL, TULIPSTA, TULSYAN, UNIMOVR, UNISH, UNISTRMU, UNITEDTE, UNQTYMI, USGTECH, USHAKIRA, VAGHANI, VALSONQ, VAPIPPR, VARDMNPOLY, VASCONEQ, VBIND, VETO, VFL, VGCL, VHL, VIAANINDUS, VICEROY, VISHAL, VISIONCINE, VISIONCO, VISTR, VITANAGRO, VIVANZA, VLL, VMS, VYAPAR, WALLFORT, WARNER, WELCON, WELTI, WILLIMFI, WIMPLAST, WISEC, WSFIN, WWLEATH, XCHANGING, XLENERGY, YORKEXP, ZANUKCOM, ZENITHBIR, ZENITHEXPO, ZENITHHE, ZGOVPOOX, ZKOVALIN, ZMILGFIN, ZNEWSAGA, ZODIACLOTH, ZSHERAPR, ZSPEEDCO.

Page 3: Morning Tea - cms.jiffy.in€¦ · 13-02-2019  · SEBI Registered – Research Analyst * Please Refer Disclaimer on Website Morning Tea 13th Feb 2019 ADANIENT, DHFL, IDBI, JETAIRWAYS,

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

Morning Tea 13th Feb 2019

ADANIENT, DHFL, IDBI, JETAIRWAYS, RELCAPITAL & RPOWER

Security in Ban

Bulk Deal

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

12/2/2019 537766 BCP ACHINTYA SECURITIES PVT. LTD. B 1,380,524 42.43

12/2/2019 537766 BCP ACHINTYA SECURITIES PVT. LTD. S 1,221,513 41.21

12/2/2019 537766 BCP HSQUARE GLOBETRADE LLP S 600,000 43.54

12/2/2019 537766 BCP NAYAN PREAMCHANDBHAI GIDVANI . B 400,000 40.93

12/2/2019 538128 WOMENSNEXT UPSURGE INVESTMENT AND FINANCE LTD S 236,000 8.93

12/2/2019 533581 PGEL MANAN AJAYBHAI SHAH B 110,000 79.10

12/2/2019 533581 PGEL ALIN AJAYKUMAR SHAH S 110,000 79.10

12/2/2019 531512 ORIENTTR DAVINDER SINGH BEDI B 107,042 25.36

12/2/2019 538128 WOMENSNEXT MADHUKAR SHETH B 100,000 9.09

12/2/2019 538128 WOMENSNEXT PARTH INFIN BROKERS PVT. LTD. B 100,000 8.63

Page 4: Morning Tea - cms.jiffy.in€¦ · 13-02-2019  · SEBI Registered – Research Analyst * Please Refer Disclaimer on Website Morning Tea 13th Feb 2019 ADANIENT, DHFL, IDBI, JETAIRWAYS,

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

Morning Tea

Contact Us

www.choicebroking.in [email protected]

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

Sachin Gupta Research Associate

Diksha Mahtre Research Advisor

Karan Bhatt Research Advisor