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SMART
INVESTMENT
8th January 2017 to 14th January 2017 3
Dark Horse

One week ago, we had recommended BANARAS BEADS LTD @

Rs.54.80, in highly bearish sentiment on Monday it zoomed 23.90% to
Rs.67.90 levels.

Indo Rama Synthetics

(Rs. 35.00) (Code : 500207) (F. V. 10)
Indo Rama Synthetics (India) Limited manufactures and sells polyester in India. It oper-
ates through two segments: Polyester and Renewable Energy. The company offers various
polyester products, such as polyester staple fiber, partially oriented yarn, draw texturized
yarn, fully drawn yarn, and polyester chips. It also operates a coal-based cogeneration power
plant at Butibori with an installed capacity of 71.08MW. The company sells its products to
various manufacturers and exports to other companies. Indo Rama Synthetics (India) Lim-
ited was incorporated in 1986 and is based in Gurgaon, India.
Company is going to mergeof (1) Indo Rama Renewable Ramgarh Ltd (2) Indo Rama
Renewable Ltd (3) Indo Rama Renewables Porbandar Ltdwith itself.
It has a share book value of Rs.37.69& price to book value ratio is just 0.92 which is
impressive. It has an equity base of Rs.151.82crore that is supported by reserve of around
Rs.420.37crore.
Company has delivered poor numbers in last few years but maintain dividend. Company
has paid 20% dividend for FY11 & 10% dividend for FY12, FY13, FY14, FY15 & FY16 which
clearly indicates that promoters are investor friendly.
Many analysts expect that textile sector will be highly benefited in this union budget. So
this is the time to buy textile stocks. Now technically speaks, company has given strong
upward break out on weekly chart with huge volume which is indicates that stock can give up
move from here. One can watch this stock for budget play.
SMART
INVESTMENT
8th January 2017 to 14th January 2017 4
Arrow Textiles
(Rs. 42.00) (Code : 533068) (F. V. 10)
Established in 1992 Arrow Textiles Ltd has been into manufacturing wide-range
of products for the fashion apparel industry including woven tapes, woven labels,
and elastic tapes. Arrow Textiles supplies key branding items for some of the
biggest brands and almost has a full portfolio with clients in entire underwear
industry such as Jockey, Amul Hosiery, Rupa Hosiery, VIP, Euro Underwear, Lux
Industries. Arrow also has Spykar, Allen Solly, FILA and BEING HUMAN among
other brands as its client. The company produces 10000+ different items and
processes 175 orders a day for customers in and around India. The company is
owned by JaydevMody the promoter of Delta Corp (RZ's favorite stock & Re.1
face value stock is trading around Rs.118)
It has an equity base of just Rs.19.04crore. The Promoters hold 68.63% while
the investing public holds 31.37% stake in the company.
Company is delivering constant good numbers since last 5 years. For FY12 it
has reported a turnover of Rs.31.93crore with LOSS of Rs.27lakh. For FY13 it
has reported a turnover of Rs.36.87crore with PAT of Rs.2.99crore. For FY14 it
has reported a turnover of Rs.41.90crore with PAT of Rs.3.57crore. For FY15 it
has reported a turnover of Rs.47.90crore with PAT of Rs.4.73crore. For FY16 it
has reported a turnover of Rs.49.13crore with PAT of Rs.5.31crore.
For H1FY17, ATL achieved a turnover of Rs.23.86crore with PAT of
Rs.1.24crore.
Company has paid 10% maiden dividend for FY16.
Company is backing by strong promoter group. Company has reduced its debt
in last few years. Now technically stock has given strong & powerful break out on
weekly chart which is suggest that stock can give strong up move from here. One
can watch this stock.
SMART
INVESTMENT
8th January 2017 to 14th January 2017 5
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Nifty & Sensex Movement during the last week

NSE - Nifty Open High Low Close Diff
02-Jan-17 8210.1 8212 8133.8 8179.5 -6.3
03-Jan-17 8196.05 8219.1 8148.6 8192.25 12.75
04-Jan-17 8202.65 8218.5 8180.9 8190.5 -1.75
05-Jan-17 8226.65 8282.65 8223.7 8273.8 83.3
06-Jan-17 8281.85 8306.85 8233.25 8243.8 -30
Net Weekly Gain 58
S&P BSE Open High Low Close Diff
02/01/2017 26,711.15 26,720.98 26,447.06 26,595.45 -31.01
03/01/2017 26,616.92 26,724.40 26,488.37 26,643.24 47.79
04/01/2017 26,677.22 26,723.37 26,606.06 26,633.13 -10.11
05/01/2017 26,738.42 26,917.21 26,738.42 26,878.24 245.11
06/01/2017 26,929.69 27,009.61 26,733.33 26,759.23 -119.01
Net Weekly Gain 132.77
SMART
INVESTMENT
8th January 2017 to 14th January 2017 6
- Parag Salot
Technical Trading Trends (SEBI Registered Research Analyst)
M. : 91-9930011789
Nifty Overview : In Last Trading Session, Nifty closed at 8268. Inspite of markets being positive in last
week, we still feel that Markets are negative biased and so keep your positions light. Markets may remain
in range ahead of budget. Maximum upside for now can be seen at 8372 levels while downside is 8000.
Below 8000, it can slide to 7770 levels.
Bank Nifty Overview : In Last Trading Session, Bank Nifty closed at 18318. Bank Nifty has again
turned positive but for now the upside can be limited to 18770 levels. We will review our targets then again.

Last Recommendation Review

Scrip Name BSE Buy/ Enter Did High/ Remark
Code Sell at Low
Allahbad Bank 532480 Buy 59 64 Target Achieved
Bank of India 532149 Buy 104 111 Target Achieved
IBREAL 532832 Buy 69 80 Target Achieved
Jindal Steel 532286 Buy 67 77 Target Achieved
Just Dial 535648 Buy 330 390 Target Achieved
HCL Tech 532281 Buy 795 840 Target Achieved

Trading Buy
Scrip Name BSE Last Enter at 1st 2nd Stop
Code Close Between Tgt. Tgt. Loss
ACC 500410 1335 1305/1315 1340 1370 1285
Adani Ent 512599 79 76/80 84 90 73
Bank of India (Delivery Buy)532149 107 90/105 130 160 70
Britannia 500825 2912 2880/2890 2910 2940 2855
Castrol 500870 390 385/390 396 405 380
Divis Labs 532488 741 725/740 765 790 710
IbulsHsgFin 535789 660 650/660 675 690 638

Trading Sell
Scrip Name BSE Last Enter at 1st 2nd Stop
Code Close Between Tgt. Tgt. Loss
Bharat Fin 533228 625 640/650 630 605 665
IOC 530965 343 345/350 340 330 356
Petronet 532522 376 380/385 372 360 392
Sun Tv 532733 534 535/545 520 505 558
Note : All calls are momentum calls based on technical analysis and all levels as per future prices (If scrip not available in futures then BSE Cash price). All
these calls are given based on daily charts but intra-day signals are equally important to enter the trade in a timely manner. Timing is very important and we at
shareinfoline.com give you timely calls based on intra-day charts.
Read Disclaimer at ShareInfoline.com
SMART
INVESTMENT
8th January 2017 to 14th January 2017 7
Smart Picks Rohan Nalawade - Expert in financial analysis (Mumbai )
E-mail ID : [email protected]

Market is looking firm above 8200

As per our earlier edition we had stated that above 8104 bulls have tightened the grip
for a upmove and we did see a fast recovery of nifty from 8100 to 8300 in a weeks time
and now above 8200 nifty is in a uptrend moving slowly upside and buying is coming on
every dip of nifty and stocks and from last 3 weeks nifty making a weekly higher low
and Nifty is closing above 8200 and above the last week close 8185 now the range is
upper swing high is 8330 and swing low 8140 the range above 8330 upmove can be
seen
Nifty will move to 8400 -8460 levels where major resistance is seen.
According to w.d.gann time cycle theory january 5 was gann date and we did see a
big move in the market a steady one and after 8 january we can expect a single
direction move till budget date
GST : No breakthrough hopes hinge on jan-16 meeting to break impasse .Budget
coming soon n feb market are reacting to it big wild swings are seen on budget date so
be ready for same this time .FII are back on work and volume has increased.
Among banking stocks we had .given view on axis bank at =445 now 457 looking
good for 480
SBIN ICICI Bank are also looking good for shorterm .BHEL we had a buy view at 121
last week now=127
metals stocks tatasteel hindalco are looking good for short-term

Get free trading n investment ideas in live market.

Join our telegram channel.
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 SMART
INVESTMENT
8th January 2017 to 14th January 2017 8
Technical News : 9-1-2017 to 13-1-2017
Manu Consultants : Manishkumar - Kolkata
SEBI REG:- RESEARCH ANALYST- INH300002449
Nifty Future :-
NIFTY FUT SUPPORT AT 8120-8050 AND RESISITANCE 8380-8440
STRATEGY :- BUY BANK NIFTY IN DIPS TILL 18000 SL 17700 TA 18800-19000
• STOCKS F&O:-
PNB (119):- BUY PNB ON DIPS TILL 116 SL 113 TA 124-28
LIC (526):- BUY LIC HOUSING ON DIPS TILL 515 SL 507 TA 545-65
SAIL (51):- BUY SAIL ON DIPS TILL 49 SL 47 TA 55-58
UNION BANK (125):- BUY UNION BANK ON DIPS TILL 121 SL 119 TA 134-40
SELL STOCKS
SELL JUBILANT FOOD ON RISE TILL 860 SL 874 TA 800-775
SELL JUST DIAL ON RISE TILL 390 SL 400 TA 350-25
DELIVERY STOCKS
BUY ORIENT BELL SL 135 TA 200-40
DISCLAIMER :- The Recommendations are based on technical analysis. There is a risk of loss
in trading.Please visit website www.dallalstreet.org for full disclaimer and disclosures.

Buy... Buy... Buy on Dips Hold Sell on High

Yes Bank 1247.00 Wipro 469.00
Reliance Power 43.00 Jagran Prakashan 175.00 Jubilant Food 839.00 BEL 1410.00
West Cost Paper 133.00 Adani Ports 285.00 IOC 346.00 Syngene Int. 580.00
Indo Rama Syn. 35.00 Vedanta 230.00 GNFC 248.00 HCL Techno 814.00
Adani Enterprise 78.00 Cairn India 255.00 L&T 1391.00 Monsanto India 2264.00
NFL 40.00 Jubilant Ind. 289.00 Repco Home 602.00 Tech Mahindra 469.00
First Source 39.00 BGR Energy 122.00 HDFC 1222.00 Reliance Comm. 33.80
Super House 161.00 ITD Cementation 163.00 Just Dial 375.00 Tata Tele 6.00
Sail 51.00 Voltas 336.00 Amara Raja. 928.00 Infosys 971.00
Bartronics 20.00 Jay Bharat Maruti 306.00 RPG Life 519.00 Mind Tree 500.00
Chambal Fert. 85.00 The Phoenix Mills 363.00 LUPIN 1512.00 TCS 2283.00
Premier Explosive 371.00 L T Foods 339.00 CADILA HC 379.00 Persistent Sys. 633.00
Aries Agro 176.00 Piramal Enterprise1678.00 Page Ind. 13700.00 Hexaware 201.00
Harrisons Malayalam76.00 JBM Auto 241.00
SMART
INVESTMENT
8th January 2017 to 14th January 2017 9
Jatin Sanghavi
Market Scan (Mumbai)
(M) 098205 26455
[email protected]

200 DMA ACTS AS A HURDLE

Rally only above Sensex 27000
The New Year started on a positive note as the Pull-back rally progressed, but as expected the
critical level of 200dma (Sensex 26922 and Nifty 8279) acted as a strong hurdle. Both the indices
tested the Resistance zone of Sensex 26922-27001 and Nifty 8279-8304, but were unsuccessful
in closing above it. For any possibility of this Pull-back rally to continue, it is a necessity to surpass
the above Resistance zone. Even a break of this zone will not reverse the trend and it will be
termed as an extension of the Pull-back rally.
Technically Speaking :- Sensex opened the week at 26711, made a high of 27009, low of
26447 and closed the week at 26759. Thus it closed the week with a gain of 133 points. At the
same time the Nifty opened the week at 8210, made a high of 8306, low of 8133 and closed the
week at 8243. Thus the Nifty closed the week with a gain of 58 points.
On the weekly charts, both Sensex and Nifty have formed a small white body Spinning Top
formation. On the daily chart, Sensex has formed a Dark Cloud Cover whereas Nifty fell short of
forming Dark Cloud Cover. Thus daily formations are suggesting a slight bearish bias whereas
weekly formation is neutral.
Two weeks back, both the indices took support at the critical level of Sensex 25700 and Nifty
7900 and staged a bounce back. The current rally can be termed as a Pull-back and not a reversal
of the prior trend. The Pull-back levels are placed at Sensex 27001-27397-27794 and Nifty 8304-
8431-8558.
This week, both the indices tested the Resistance Zone of Sensex 26922-27001 and Nifty 8279-
8304 but were unable to close above it. The Resistance zone is due to the confluence of 38.2%

Last Weeks Recommondation This Weeks Recommendations

Stocks Reco.Price TGT Reached Lot Size Profit
Buy Maruti 5319 5499 5657 150 50,700 Rec. Name CMP SL TGT-1 TGT-2
Buy IGL 918 948 960 1100 46,200 Buy BemL 993 961 1026 1061
Buy GaiL 439 454 451 1500 18,000 Buy Siemens 1164 1139 1202 1241
Buy TechM 488 505 507 1100 20,900 Buy MoiL 401 391 416 432
Buy OiLInd 452 467 480 1700 47,600 Buy Atlas Cycle 450 437 471 493
Total : 1,83,400 Buy RCF 54 52 58 63

:::: INDEX LEVELS ::::

S3 S2 S1 Close R1 R2 R3
NIFTY 7978 8063 8157 8243 8353 8460 8550
SENSEX 25717 26080 26405 26759 27105 27457 2784
SMART
INVESTMENT
8th January 2017 to 14th January 2017 10
Retracement (Sensex - 27001 and Nifty - 8304) and the long term average of 200dma (Sensex -
26922 and Nifty - 8279). Current Pull-back rally will continue only if the above mentioned Resis-
tance zone is crossed.
A break below the Support level of Sensex 25700 and Nifty 7900 will complete Bearish Head
and Shoulders pattern and the target as per that falls at a minimum of Sensex - 23794 and Nifty -
7283 and on the higher side at Sensex - 22404 and Nifty - 6867. As per Pattern analysis, both the
indices had already formed a Bearish Rising Wedge formation and the extended target as per that
formation falls at Sensex 25073 and Nifty 7656.
MACD and Price ROC are both positive and continue in Buy mode. RSI (56) suggests bullish
momentum. Stochastic Oscillator %K (91) is above %D, indicating a continuation in Buy mode.
ADX is at 27 which suggest that downward trend is not over yet. Directional Indicators have given
a Buy as +DI has gone above -DI. MFI (69) suggests Positive Money Flow. OBV continues in
sideways mode. Thus Oscillators are suggesting a bullish bias in the near term.
This week, both the indices tested the long term average of 200dma (Sensex - 26922 and Nifty
- 8279) and medium term average of 50dma (Sensex - 26613 and Nifty - 8202). Both the indices
managed a close above 50dma but failed to close above the 200dma. However, both the indices
are still above the short term average of 20dma (Sensex - 26425 and Nifty - 8121). Thus the trend
in the short term remains upwards, whereas the trend in the medium term has turned bullish whereas
the trend in the long term timeframe remains down.
Options data for January series indicate highest Call Open Interest build-up at the strike of 8400
and highest Put build-up remains at 8000. Thus Options data suggests a trading range with resis-
tance coming in at 8400 and support at 8000.
SMART
INVESTMENT
8th January 2017 to 14th January 2017 11
Terrific Shots - Dilip K. Shah

Carborundum Universal (Rs.253.00) (Code: 513375) :- It is a Murugappa Group

company, which manufactures abrasives along with electro mineral, industrial ceramic and super
refractories. The stock has been stable for quite some time, but it seems to be gearing up for speedy
growth. As against equity of Rs18.84 crore, the company has reserves of Rs1165 crore. In the first
half, the company's income increased from Rs1016.72 crore to Rs1082.96 crore, while profit in-
creased from Rs72.24 crore to Rs86.77 crore with EPS of Rs4.61. The stock seems to be costly at
current valuation but future seems to be bright. Local funds have increased their stake in the stock
recently. It may cross Rs300 level soon.
APL Apollo (Rs.954.00) (Code:533758) :- It is active mainly in steel sector. The
company's equity is Rs23.44 crore, in which the promoters hold 38.75% and public hold 61.25%
stake. FIIs are increasing their stake in the company. IDFC, DSP, HDFC and other mutual funds
have considerable holding. In September quarter, the company's income decreased from Rs1056.53
crore to Rs955.51 crore, while profit increased from Rs41.92 crore to Rs75.10 crore with EPS of
Rs32.02. It paid 60% dividend in 2015 and 100% in 2016. It could be bought in two-three phases.
ITD Cementation (Rs.163.00) (Code: 509496) :- The joint venture between Italian
and Thai companies is active in engineering and construction activities. The country is not wit-
nessing huge investment in infrastructure and engineering segment for quite some time so the
company is passing through a bad patch, but it may improve performance in future. It follows calen-
dar year as financial year. In 2015, the company's income increased from Rs1718.95 crore to
Rs3070.95 crore, while witnessed losses of Rs59.31 crore as against profit of Rs19.41 crore in the
corresponding period last year. In the third quarter of calendar year, the company's income de-
creased by 29.8% annually at Rs482 crore, while EBITDA increased by 7.4% at Rs46.1 crore. The
stock's valuation is low which is its positive aspect and it has strong order book.
Titan (Rs.354.00) (Code:500114) :- The Tata Group company is active in watches,
jewellery, eye wear and accessories. Its popular brand portfolio include Tanishq, Titan, Skin,
Fasttrack, Skilish, Sonata, Helios to name a few. It has sold 150 million watches since 1984. It has
employee base of 7000 and it owns 10 manufacturing units. As against equity of Rs88.78 crore,
the company has reserves of Rs3401.22 crore. In the first half, the company's income increased
from Rs5382.12 crore to Rs5451.19 crore, while profit increased from Rs297.80 crore to Rs307.45
crore with EPS of Rs3.46. It owns more than 400 show rooms under World of Titan brand and 150
show rooms of Fasttrack.

Disclosures as per SECURITIES AND EXCCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or
my clients may have investment in this stocks • I/My family have no financial interest or beneficial interest of more than 1% in the
company whose stocks I am recommending • Stop loss is useful for Short / Medium Term investor Only • Smart Investment will not
be responsible / liable for any loss arising out of investment based on tis advices • Past performance may or may not be substainedin
future " (Dilip K. Shah) Research Analyst : SEBI Regn No. : INH000002152
SMART
INVESTMENT
8th January 2017 to 14th January 2017 12
Sarvesh Ashok Trivedi
Stock Wave (Mumbai) (Mob) 09820728124
www.chartsanketstock.com

Market is overbought but

Script based movement witnessed
BSE Index (26759.23) :- The market is improving from bottom of 25753.74. It shows overbought posi-
tion on daily basis, towards overbought on weekly basis and oversold position on monthly basis. On up-
ward movement, beyond 27010 it may witness resisting level at 27130 and beyond this point it may wit-
ness good improvement. On downward movement, below 26690 it may go down to 26540 with last support
at 26455.
Nifty Future (8267.65) :- It shows improvement from bottom of 7896.35. It shows overbought position
on daily basis, towards overbought on weekly basis and oversold position on monthly basis. On upward
movement, beyond 8349 it may go up to 8330 with resisting level at 8350 and beyond that point may
witness good upward movement. On downward movement, below 8244 it may go down to 8236, 8219,
8194 and 8187, below which weak movement is expected.
Bank Nifty Future (18308.00) :- It shows rebounding spurt from 17617. It shows overbought to neutral
position on daily basis, while oversold position on weekly and monthly basis. On upward movement, be-
yond 18365 it may go up to 18490, 18490, 18563, 18697 with resisting level at 18780. On downward
movement, below 18100 it may go down further to 18019 with support at 17975.
Havells India (360.80) :- It is improving from bottom of 310.55. It shows overbought position on daily
basis, towards overbought position on weekly basis and oversold position on monthly basis. On upward
movement, beyond 363 it may go up to 371, 381 and 390. On downward movement, below 351 it may get
support at 342.
Bajaj Auto (2707.35) :- It is moving up from bottom of 2552. It shows overbought position on daily basis,
neutral on weekly basis and oversold position on monthly basis. On upward movement, beyond 2738 it
may go up to 2776 and beyond that it may go up to 2815, 2853 and 2885. On downward movement, below
2700 it may get support at 2660.
L&T (1390.95) :- It is improving from bottom of 1302.50. It shows overbought position on daily basis,
neutral on weekly basis and oversold position on monthly basis. On upward movement, beyond 1408 it
may go up to 1422, 1435, 1450 and 1465. On downward movement, below 1380 it may get support at 1365.
Just Dial (376.05) :- It is improving from bottom of 318.05. It shows overbought position on daily basis,
while oversold position on weekly and monthly basis. On upward movement, beyond 405 it may go up to
428, 457, 465 and 500. It may get support at 354.
Hero Moto (3067.55) :- It is improving from bottom of 2958. It shows neutral position on daily basis,
while towards oversold position on weekly and monthly basis. On upward movement, beyond 3120 it may
go up to 3135, 3170, 3225 and 3275. On downward movement, below 3040 it may get support at 3012.

disclosure : The Recommendations are based on technical analysis. There is a risk of loss in
trading.

-: Golden quote :-
Every husband is like a movie
produced by mother, and Directed by Wife
SMART
INVESTMENT
8th January 2017 to 14th January 2017 13
Dilip Davda Best Buy
e-mail Expert’s Eye IPCA,
[email protected]
Mangalam Drugs,
Kaira Can

CY 2017 starts on a negative note

But the week turns positive
While CY 2016 ended on a positive note CY 2017 started on a subdued note but gained mo-
mentum as the week progressed and ended with a positive trends for the week. That has helped
market to witness firm beginning which is termed as a pre-budget rally round the corner by the
seasoned operators. The week under report has marked see-saw mode in a range bound trades,
but closed the week on muted but positive note. In fact on Thursday, market witnessed last two
months higher closing. However, profit booking kept market in selling mode on Friday amidst preva-
lent uncertainties globally.
NSE Nifty and S&P BSE Sensex moved in the range of 8306.85-8133.80 and 27009.61-26447.06
respectively during the week.
Secondary Market :- Although markets opened on Monday on a positive note, it gave up post
noon to close flat but in red. Thus the first session of CY 2017 turned muted one. NSE Nifty lost
6.30 points to close at 8179.50 and BSE Sensex marked deficit of 31.01 points to end the day at
26595.45. Despite dull trades and continued selling from FIIs, market marked positive breadth.
Following rate cut announcements by many banks, rate sensitive counters gained momentum.
However, banking counters turned weak and witnessed hammering. PM's announcement on two
new low cost housing schemes, select realty counters gained. Mid and Small cap counters were in
limelight ahead of Q3 number season.
On Tuesday indices opened higher and managed to stay afloat and recovered from the low of
the day. NSE Nifty gained 12.75 points to end the day at 8192.25 and BSE Sensex scored just47.79
points to close at 26643.24. Amidst volatile trades, surge in banking and auto counters helped
market to gain momentum. Power Grid marked informed buying. Positive corporate reports boosted
counters like Panacea Bio, Suven Life, MEPInfra, Titan etc. Firm Dollar and Crude Oil kept a check
on sentiment here. While FIIs remained net sellers, Mid and Small cap counters kept surging on
informed buying.
NBCC announced bonus in the Markets opened on a firm note on Wednesday but
ended the day flat in red. NSE Nifty marked deficit of
ratio of 1 share for every 2 mere 1.75 points to close at 8190.50, mirroring similar
shares held. trends, BSE Sensex lost just 10.11 points to end the
day at 26633.13. With both side movements, market
finally closed unchanged with minor losses. Slide was
Ex-Bonus attributed by selling on Reliance, however, surge in
index heavy weights like ITC and Bharti Airtel helped
Advance Syntex (3 for 20) indices to close flat. Banking counters eased, but Re-
alty and IT counters gained momentum. Mixed trends
marked in other sectors indices. Aviation counters
Ex-Split marked informed buying. Volatile Crude and Dollar
JSW Steel (10 for 1) kept a check on general sentiment. Small and Mid cap
SMART
INVESTMENT
8th January 2017 to 14th January 2017 14
counters kept surging on bargain hunting. FIIs remained net sellers. NBCC announced bonus in
the ratio of 1 share for every 2 shares held. Advance Syntex turned ex-bonus (3 for 20) and JSW
Steel turned ex-split (10 for 1).
Thursday too markets opened higher and managed to gain on short coverings ahead of week
end trades. NSE Nifty scored 83.30 points to end the day at 8273.80 and BSE Sensex gained
245.11 points to close at 26878.24 and thus indices closed at last eight week's high. Surge in
Metal, Banking, IT and Auto counters helped indices to gain momentum. Mid and Small cap counters
remained in limelight for the fourth session of the week. FII remain net sellers in cash, however,
they turned net buyers in futures.
Although market opened on a firm note on Friday, it gave up post noon to end the session in red.
NSE Nifty lost 30.00 points to close at 8243.80 and BSE Sensex marked deficit of 119.01 points to
end the day at 26759.23. In intraday Sensex crossed 27K mark while Nifty too crossed 8.3K level
but ended lower on selling spree. With both side movements, accelerated selling in last our kept
market in a sliding mode. IT and Telecom counters lead the doom. Gain in Pharma counters helped
in arresting slide. FIIs remained net sellers.
Amidst see-saw mode, the first week of CY 2017 marked net weekly GAINs of 58.00 points and
132.77 points for NSE Nifty and S & P BSE Sensex.
Rupee kept hovering Rs.68 a dollar and raised concern, while Crude firmed up around 57$ a
barrel keeping a tab on general sentiment. Although CY 17 marked poor opening, it finally man-
aged to turn positive for the week. Now all eyes are on inflation and IIP datas that will trigger the
intermittent trends for the market for a while and then from third week onwards, Q3 numbers will
keep market busy with stock specific moves. By then perhaps even FIIs will start their New Year
investments. Thus market will have sideways movement for the following week in search of major
triggers. For the ensuing week, Nifty and Sensex may move in the range of 8550-8000 and 27750-
25750.
Scrip Watch :- Following scrip may be kept on radar for strategic investment ideas for medium
to long term.
Ipca (BSE Code 524494) :- This Indian formulation manufacturing company has posted net
profit of Rs. 102.52 crore on a turnover of Rs. 1740.13 crore for the H1 of FY 16-17 against net profit
of Rs. 33.26 crore on a turnover of Rs 1520.58 crore for the corresponding previous period. For FY
15-16 it posted net profit of Rs. 91.45 crore on a turnover of Rs. 2815.87 crore. As on 30.09.16,
equity capital of Rs. 25.24 crore is supported by free reserves of Rs. 2346 crore plus. Scrip is worth
considering at declined levels for medium to long term rewards. It currently quotes around Rs.
546.65 against 52 week High/Low of Rs. 713/402, FV Rs. 2.
Mangalam Drugs (BSE Code 532637) :- This pharmaceutical sector company has posted net
profit of Rs. 10.94 crore on a turnover of Rs. 144.46 crore for H1 of FY17 against net profit of Rs.
6.70 crore on a turnover of Rs. 145.36 crore for corresponding previous period. For FY 2015-16 it
posted net profit of Rs. 16.03 crore on a turnover of Rs. 303.29 crore. As on 30.09.16, equity capital
of Rs. 15.83 crore is supported by free reserves of Rs. 49 crore plus. Scrip may be considered at
declined level for long term investment. It currently quotes around Rs. 144.20 against 52 week
High/Low of Rs. 305/123, FV Rs. 10.
Kaira Can (BSE Code 504840) :- This containers and packaging segment company has posted
net profit of Rs. 1.53 crore on a turnover of Rs. 73.96 crore for H1 of FY 16-17 against net profit of
Rs 0.95 crore on a turnover of Rs. 69.27 crore corresponding previous period. For FY 15-16 it
posted net profit of Rs. 1.58 crore on a turnover of Rs. 125.08 crore. As on 30.09.16 its paid up
equity capital of Rs. 0.92 crore is supported by free reserves of Rs. 50 crore plus. It currently quotes
around Rs. 935.00 against 52 week High/Low of Rs. 1035/619, FV Rs. 10.
DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published
here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making
any actual investment decisions, based on information published here. Any reader taking decisions based on any information published here does so entirely at own risk. Above information is based on
the details available as on the date along with market perceptions. Author has not traded in above three stocks mentioned in Scrip Watch during last one month and has no holdings or plans to invest in
any scrip referred above.
(THE AUTHOUR IS SEBI REGISTERED RESEARCH ANALYST)
(Email: [email protected] )
SMART
INVESTMENT
8th January 2017 to 14th January 2017 15
Scrip Watch - Dilip K. Shah

Solar Industries (Rs. 700.00) (Code : 532725) (F. V. : 2.00) :- Solar Industries
India Ltd (SIIL) is India’s largest manufacturer of industrial explosives and initiating systems with a
domestic market share of 23% and a presence in global markets. SIIL has 25 manufacturing facili-
ties across eight states in India with four manufacturing units in overseas and a distribution net-
work in more than 42 countries. While 80% of industrial explosives consumption is in the mining
industry, rest 20% in infrastructure, explosives industry should turn out to be the biggest benefi-
ciary of the anticipated revival in the economic activities. SIIL over the last two years (FY15, FY16)
has traded at an average forward PE of 26x. Considering its foray in defense, significant entry
barriers, increasing mining & infrastructure activities and increasing penetration overseas should
prove a substantial value trigger for SIIL. The stock has seen sharp recovery after overall market
correction due to demonetisation. Invest.
MOIL (Rs. 400.00) (Code : 533286) (F. V. : 10.00) :- Manganese ore producer
MOIL, last week, has increased prices of various grades of the commodity by up to 15% for Janu-
ary-March quarter. The company has fixed/revised price of various grade of manganese ore for 4th
quarter (January-March, 2016) effective from January 1, 2017. The prices have been hiked by 10%
with effect from 1 January, on the existing prices since 12 December, 2016 of all ferro grades of
ore, it said. MOIL produces and sells different grades of manganese ore. Manganese Ore India Ltd
(MOIL) is the single largest producer of manganese ore in the country with an annual production of
1.1 million tonnes (MT). MOIL is set to enhance production of manganese ore up to 2.5 MT 2020-
21. India is producing two million tonnes of manganese ore while we are importing 10 MT from
other countries, to meet the requirement. Accumulate.
Cadila Healthcare (Rs. 379.00) (Code : 532321) (F. V. : 1.00) :- Cadila
Healthcare has said its subsidiary Zydus Healthcare Ltd has bought six brands from MSD Phar-
maceuticals India Pvt. Ltd, the local arm of US-based Merck & Co. Inc., for distribution in the Indian
market. The value of acquisition was not disclosed.The brands—Deca-Durabolin, Durabolin,
Sustanon, Multiload, Sicastat and Axeten—belong to therapeutic areas of men’s health, women’s
health, wound management and cardiovascular diseases and had combined sales of Rs84 crore
in 2015. Zydus has been on an acquisition spree this year both in India and overseas as pharma-
ceutical companies continue to stitch strategic deals. In August, the company acquired Melgain
lotion used for treatment of skin depigmentation from Issar Pharma to strengthen its dermatological
portfolio.In June, the company said it has decided to buy Teva Pharmaceutical Industries Ltd's two
abbreviated new drug applications (ANDAs), to strengthen its US portfolio.The stock is trading at
around Rs.380. Buy.

Disclosures as per SECURITIES AND EXCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may have investment in this
stocks • I/My family have no financial interest or beneficial interest of more than 1% in the company whose stocks I am recommending • Stop loss is useful for Short /
Medium Term investor Only • Smart Investment will not be responsible / liable for any loss arising out of investment based on tis advices • Past performance may or may
not be substainedin future " (Dilip K. Shah) Research Analyst : SEBI Regn No. : INH000002152
SMART
INVESTMENT
8th January 2017 to 14th January 2017 16
Market Tips - Dilip K. Shah

Sundram Fasteners (Rs. 303.00) (Code : 500403) (F. V. : 1.00) :- High

realisations and increasing share of superior margin products have enabled the Chennai-based
firm Sundram Fasteners to achieve a return on equity (RoE) of 21.84% in FY16, outstripping the
industry RoE by nearly 2.2 times. Typically , RoE expansion implies a company has been able to
profit more on the same unit of volume sold. Hence, it's an indication of pricing power. In the past
four years, Sundram has consistently expanded its operating profit margins, which stood at 18.9%
in the September quarter of FY17 against 12% in FY12, a gain of 700 bps. First, it increased share
of business from higher margin products such as hub, shaft, powdered metal components, hot and
cold forged products and pump assemblies with margins of 14-22% compared with conventional
fastener business with 9-12% margins.Lastly, the company has been consistently increasing ex-
port revenues.Export business contributed nearly 30% of the total revenues in FY16. The stock,
after making 52-week high of Rs.354 a month ago, has corrected more than 10 per cent. Now, the
stock looks more attractive. Buy.
Petronet LNG (Rs. 373.00) (Code : 532522) (F. V. : 10.00) :- Petronet LNG is
in focus following an announcement from the company that it has signed an agreement with
Petrobangla to set up a $950 million liquefied natural gas import project in Bangldesh. The 7.5
million tonnes a year project is for regasifying LNG on Kutubdia Island in Cox’s Bazar and laying of
a 26-km pipline to connect it to the consumption markets.Petronet is willing to offer Petrobangla
upto 26% stake in the Joint Venture. Meanwhile, Spot LNG prices in Asia-Pacific increased from
USD 4.2/mmbtu in May 2016 to USD8.0 in December 2016 and as much as USD9.2 for February
delivery. As a result, LNG import in November declined to 1.5mmt, 5% below monthly import in
1HFY17. However, import in November was still 15% higher YoY. Petronet’s stock has seen v
shape recovery after steep correction in the month of December. Grab this momentum stock.
Lupin (Rs. 1512.00) (Code : 500257) (F. V. : 2.00) :- Generic major Lupin has
fallen close to 21 per cent year-to-date. The valuation seems attractive. At Rs.1512, the stock trades
at about 19 times its estimated earnings for 2017-18, a 10 per cent discount to its historical three-
year average and also to peers such as Dr. Reddy’s Labs and Cipla. The company’s prospects
look robust with regulatory clearances, increasing scope for generic drugs and presence across
high-potential markets. Lupin is well-placed on the regulatory front with its facilities receiving the
all-clear. Early in the calendar, observations by the FDA regarding the company’s Mandideep and
Goa facilities saw the stock lose much ground. But in May and November, these concerns were
removed. Lupin derives more than 90 per cent of its revenue from formulations, primarily generics,
and the rest from APIs (active pharmaceutical ingredients). The US market accounts for about half
the revenue. Lupin now has 124 products in the US market. With 338 filed ANDAs (abbreviated
new drug applications) and 142 ANDAs pending approval, including 45 FTF (first to files), the
company has one of the strongest pipelines in the US among Indian pharma companies. Mean-
while, Lupin has received final approval for its Cevimeline Hydrochloride Capsules, 30 mg from
the USFDA to market a generic version of Daiichi Sankyo Inc's Evoxac Capsules, 30 mg.Accumulate.

Disclosures as per SECURITIES AND EXCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may have investment in this
stocks • I/My family have no financial interest or beneficial interest of more than 1% in the company whose stocks I am recommending • Stop loss is useful for Short /
Medium Term investor Only • Smart Investment will not be responsible / liable for any loss arising out of investment based on tis advices • Past performance may or may
not be substainedin future " (Dilip K. Shah) Research Analyst : SEBI Regn No. : INH000002152
SMART
INVESTMENT
8th January 2017 to 14th January 2017 17
SMART TIPS Smita N. Zaveri

West Coast Paper (Rs. 133.00) (Code: 500444) :- The shares of this B group listed
paper and paper products company have face-value of Rs. 2. The share touched a 52-week high
of Rs. 149 and low of Rs. 52. The Bangur group company makes paper for printing, writing and
packaging. It also makes paper / paper board and duplex board, besides telecom cables. Its an-
nual capacity is 32,000 tonnes. For the quarter ended September 2016, it reported sales of Rs.
445.69 crores, an increase of 8.3% over the previous year, while net profit surged 212% to Rs.
25.44 crores. The interest rate fell in the quarter, even as promoters increased their stake. The
stock is trading at 10 times the estimated annual EPS of Rs. 13. The stock can be seen at Rs. 150
in the short term, and cross Rs. 175 level in the long term.
Universal Cables (Rs. 75.00) (Code: 504212) :- Shares of this other electrical
products manufacturer are listed in the B group and have face-value of Rs. 10. The share touched
a high of Rs. 101 and low of Rs. 34 in the last 52 weeks. The company has established a JV with
Birla Furukawa with 31% stake, and one with Birla Ericsson for telecom cables. It has also estab-
lished a power company as a JV with ABB. For the second quarter of the financial year, it reported
income of Rs. 180 crores, net profit of Rs. 10.78 crores, and EPS of Rs. 3.11. The company's profit
in the first half is close to the profit made in the whole of last year. As against average of 20 for other
sectoral companies, shares of Universal Cables are trading at a PE multiple of 5.8. The stock can
be seen making fresh 52-week high in 4-6 months.
Ugar Sugar Works (Rs. 32.00) (Code: 530363) :- The company was established in
1939 at Sangli in Maharashtra. Sugar shares have jumped by as much 20% in the last week due to
lower sugar output, which is likely to boost prices. There are also reports that the government may
announce debt restructuring of sugar mills, which have debts of Rs. 50,000 crores. The expected
increase in ethanol prices is also having a positive impact on sugar shares. For September 2016,
it reported income of Rs. 117.25 crores, net profit of Rs. 1.111 crores, and EPS of Rs. 0.10. The
stock is trading at a PE multiple of 7.32 and is very attractively valued. The share has face-value of
Re. 1. It touched 52-week high of Rs. 73 and low of Rs. 10.
First Source Solutions (Rs. 39.00) (Code: 532809) :- Shares of this B group
listed BPO / KPO company have face-value of Rs. 10. The share touched a high of Rs. 53 and low
of Rs. 28 in the last 52 weeks. The company is acquiring the BPO division of ISGN, which will
allow it to penetrate more in the US mortgage BPO market. The company repaid long-term debt of
US $ 45 million in the last year, and is ranked seventh among Top 10 BPO companies by Nasscom.
US accounts for 54% of its revenues, UK 37%, while India and other markets have 8% share. For
September 2016, it reported consolidated income of Rs. 857 crores, and net profit of Rs. 71.20
crores. It is expected to gain from improvement in insurance business, a segment to which many of
its clients belong. The stock can be bought with a target price of Rs. 50 for the short to medium
term.

SEBI Registered Research Analyst)

* Disclosure :- The author has not brought / sold any stock advised in this news paper during last one month • All stocks rates / indices on 6th January 2017 unless
specified o Stoploos is useful for Short - Medium term investors only
* Disclaimer :- • Smart Investment will not be responsible / for any loss arising out of investment based on its recommendation. • Though, every care has been taken,
we will not responsible for any errors / omissions • All disputes are subject to Ahmedabad jurisdiction
SMART
INVESTMENT
8th January 2017 to 14th January 2017 18
Smart super duper - Dilip K. Shah

L. T. Food (Rs339.00) (Code: 532783) :- The exporter of Basmati rice has been in
news for quite some time. The sector has been giving good return for 3-4 years, but positive news
related to export of rice has created movement in the stock. It owns brands like Dawat, Royal,
Ecolight, Devaya and Heritage. The company has fixed February 7 as book closing for purpose of
splitting the share with face value of Rs10 a share into Rs1 a share. As against equity of Rs26.66
crore the company has reserves of Rs510.11 crore. In September quarter, the company's income
increased from Rs690.90 crore to Rs844.45 crore, while profit increased from Rs22.87 crore to
Rs25.01 crore. It might witness high volatility before splitting.
Gujarat Ambuja Export (Rs.91.00) (Code:524226) :- The company has interests
in export of Cotton Yarn, solvent extraction, edible oil, vegetable oil, maize procession, floor ill,
cattle feed and wind mill segments. As against equity of Rs26.67 crore the company's reserves
stand at Rs888.72 crore. In the first half of 2017, the income increased from Rs1303.65 crore to
Rs1400.41 crore, while profit increased from Rs40.88 crore to Rs79.52 crore with EPS of Rs5.7.
The company is in expansion mode. As it is active in more than one sector, it is not facing troubles.
On the contrary, all the sectors are doing well, so it may be good option for investment.
Balrampur Chini (Rs.134.00) (Code:500038) :- Sugar sector is passing through
bad phase for quite some time. Last year, the sugar stocks witnessed bullish trend from lower level
but witnessed correction then after. Currently, the stocks have been witnessing bullish trend as the
government is likely to restructure loans to the sugar companies because of assembly elections in
UP. It also produces ethyl alcohol and ethanol along with power generation and power selling.
The company has strong balance sheet contrary to majority of the other companies in the sector. In
the first half of 2017, the company's income increased from Rs1137.19 crore to Rs1676.77 crore,
while it posted profit of Rs216.70 crore as against losses of Rs87.16 crore with EP of Rs8.85. It
may witness upward movement.
J.Kumar Infra (Rs.228.00) (Code: 532940) :- The government is focusing in this
sector. The company is constructing Metro project in Ahmedabad and has also bagged Rs5012
crore project for Mumbai metro in joint venture. As against equity of Rs37.83 crore, the company
has reserves of Rs1245.58 crore. The company's debt is still under control. In the first half, the
company's income increased from Rs694.40 crore to Rs713.01 crore, while profit increased from
Rs49.11 crore to Rs52.70 crore with EPS of Rs7. The market capital is Rs1640 crore. The stock
may witness pre-budget rally.

Disclosures as per SECURITIES AND EXCCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may have investment in this
stocks • I/My family have no financial interest or beneficial interest of more than 1% in the company whose stocks I am recommending • Stop loss is useful for Short /
Medium Term investor Only • Smart Investment will not be responsible / liable for any loss arising out of investment based on tis advices • Past performance may or may
not be substainedin future " (Dilip K. Shah) Research Analyst : SEBI Regn No. : INH000002152
SMART
INVESTMENT
8th January 2017 to 14th January 2017 19
A.J. Diwan (Mumbai)
E-mail : [email protected]

Market not sustaining high

Our market is not sustained at higher levels. 8280 and 8325 seems difficult to break on
upper side. Heavy selling from FIIs. Wednesday bulls able to lift market to two months high
after 11/11.
On Friday the breath of market was negative when this is written. It is understood that in
2G case Reliance Com may get involved. Share price has already gone below Rs.35.now
closing below Rs.33 may attract bears.
Idea is also another share which is going to have adverse effect. The share has support at
Rs.71.
MBL infra has come out with very bad results. In quarter ended 9/15 company came out
with profit of rs.17 crores.in last quarter 15/12, all profit vanished and huge loss of rs.121 cr
was noticed. The share price has lost over 55%in just 16 trading sessions. This shows how
results of infra expected. Even at rs.35 it is overpriced as mp government has cancelled two
big orders given to them.
After us election the new president is expected to give bad days for our it
companies.infy.wipro and TCS any company coming out with bad results may ask bears to
take over market. On Friday Infosys has started going down.
The face value of JSW changed to rs.1 as corporate action. Now share price has seaport
at rs.170 and resistance at rs.180.the volatility is also just like before.
If Reliance manages to close above rs.1080/85 than target of resistance level of rs.1099
be achieved.
Axis and canara banks are going up only due to short covering. Do not jump in moving
train.
ONGC is having support at rs.200 above Rs. 256 it can go up to rs.210level.in tat steel buy
around rs.410 with SL at rs.405.
SMART
INVESTMENT
8th January 2017 to 14th January 2017 20
Investment Ideas - Article by
www.rupeegains.com
telegram.me/rupeegains

NIFTY (8243.80) :- For next week NIFTY has strong support around 8190/8145 levels.
Break will take it to 8115 levels. On the upper side NIFTY will face strong hurdle at 8305/8325
levels, cross over with volume and close above will create short covering at take NIFTY up to
8425/8460 levels…
BANK NIFTY (18264) :- For next week BANK NIFTY has strong support around 18150
levels. Break will take it to 18075/17970 levels. On the upper side BANK NIFTY will face strong
hurdle at 18430 levels, cross over with volume and close above will create short covering at take
BANK NIFTY up to 18535/18740levels…
Past Review :- Last week we had recommended SIMMOND MARSHALL @ Rs.83, within
a week it zoomed to Rs.93 levels.VINYL CHEMICALS recommended @ Rs.59, within a week it
zoomed to Rs.65.20 levels &SAMBANDAM SPINNING recommended at Rs.126, zoomed to Rs.143
levels within a week.

4 stocks for short to medium term investment

Conart Engg. (522231) (39) (Face Value Rs.10) :- Conart Engineers Limited
provides general contracting and project management services for industrial, commercial, and resi-
dential construction projects in India. It has an equity base of just Rs.3crore that is supported by
reserves of around Rs.10.54crore. It has a book value of Rs.48.85 & stock is trading around 0.80 P/
BV. During H1FY17, its net profit zoomed 51% to Rs.0.85crore from Rs.0.56crore in HFY16. After
strong consolidation stock has given strong upward break out on weekly chart. Infrastructure stocks
are in focus before budget. One can buy this stock with stop loss of Rs.34. On the upper side stock
will zoom up to Rs.48-50 levels in short term only.
Fluidomat Ltd. (522017) (170) (Face Value Rs.10) :- Fluidomat Limited manufac-
tures and sells a range of fixed speed and variable speed fluid couplings for industrial and automo-
tive drives in India and internationally.It has an equity base of just Rs.4.93crore which is supported
byhuge reserve of Rs.22.02crore. Investors can buy this stock with stop loss of Rs.155. On the
upper side, it could zoom to Rs.190-200 levels in the short term...
Sanwaria Agro Oils (519260& NSE) (7.20) (Face Value Re.1) :- Sanwaria
Agro Oils Limited operates as an integrated agro food processor in India and internationally. The
company processes seeds and extracts solvents; produces and sells soy meal, including de-oiled
cakes; refines crude soy oil to produce refined soy oil; distributes and sells bulk and branded soy
oil; and produces and sells value added products, such as soy flour, soy chunks, soy lecithin, and
acid oil. It also produces and sells basmati rice, wheat flour, and fortified wheat flour; and trades in
other agro commodities, including wheat, grams, pulses, etc. The company offers its products un-
der the Sanwaria, Sulabh, Sanwaria Seth, Nashira, and Narmada brand names. It has an equity
base of Rs.34.81crore. That is supported by reserve of around Rs.285.48crore. Promoters hold
71.68% stake in the company.During H1FY17, SAOLhas reported net sales of Rs.1247.27crore
with net profit of Rs.17.44crore. After long time, stock has given strong break out with huge volume
on weekly chart. Chart is looking explosive. Investors can buy this stock with a strict stop loss of
Rs.6. On the upper side, the stock could zoom to Rs.10 levels in the medium-term…
SMART
INVESTMENT
8th January 2017 to 14th January 2017 21
Mangalore Chemicals & Fert (530011 & NSE) (50.5) :- Mangalore Chemicals
and Fertilizers Limited manufactures, purchases, and sells nitrogenous and phosphatic fertilizers,
and related products in India and internationally. The company offers fertilizers, including urea, di-
ammonium phosphate, muriate of potash, ammonium phosphate sulphate, granulated fertilizer
mixture, single superphosphate, and specialty fertilizers; and plant nutrition products, such as soil
conditioners, organic products, micronutrients, specialty agri products, water soluble fertilizers,
crop specific soil products, and wetting and spreading agents. It also provides plant protection
chemicals comprising insecticides, fungicides, herbicides, and PP chemicals; and other products,
such as ammonium bi carbonate, sulphonated naphthalene formaldehyde liquid, and sulphuric
acid products. Mangalore Chemicals and Fertilizers Limited sells its products under the Mangala
brand. The company was incorporated in 1966 and is based in Bengaluru, India. Mangalore Chemi-
cals and Fertilizers Limited is a subsidiary of ZuariFertilisers and Chemicals Limited.
It has an equity base of just Rs.118.55crore that is supported by reserves of around
Rs.225.13crore & it has a share book value of Rs.29 per share & price to book value ratio stood at
just 1.70. The Promoters hold 75% (ZuariFertilisers and Chemicals Limited, an Adventz group
company holds 53.03% & UB group holds 21.97%) while the investing public holds 25% stake in
the company. ZuariFerilisers& Chemicals Limited has given open offer for 25.90% stake at Rs.91.92
(stock is trading almost 50% lower against open offer).
For Q2FY17, MCFL achieved a turnover of Rs.848.44crore with PAT of Rs.15.35crore against
loss of Rs.19.45crore fetching an EPS of Rs.1.30. During H1FY17, its net profit stood at Rs.6.99crore
against loss of Rs.231.02crore in H1FY16 on sales of Rs.1406.46crore in H1F16 fetching an EPS
of Rs.0.59.
Fertilizer stocks are showing strength before budget & fertilizer stocks are flying high. Stock is
looking hot & explosive even at this level. One can buy this stock with stop loss of Rs.43. On the
upper side stock will zoom up Rs.60-65 levels in medium term …

Disclosures: At the time of writing this article, author, his clients & dependent family members may have
positions in the stocks mentioned above. The author, his firm, his clients or any of his dependent family
members may make purchases or sale of the securities mentioned in website. Author may have positions in
above stocks so have vested interest obviously in their going up or down as the case may be.
Disclaimer: Investing in any equity is risky. Our recommendations are based on reliable & authenticated
sources believed to be true & correct, and also is technical analysis based on & conceived from charts. Inves-
tors should take their own decisions. We assume no responsibility for any transactions undertaken by them.
The author won't be liable or responsible for any legal or financial losses made by anybody.

Financial Weekl
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English & Gujarati Edition Gujarati Edition

SMART
INVESTMENT
8th January 2017 to 14th January 2017 22
Primary Market - Dilip K. Shah

The Secondary Market disappointed the investors, but Primary Market gave handsome returns in 2016
Wait and Watch situation in the market due to Christmas vacation, Demonetization and Union Budget
BSE's Rs 1500 crore issue will open on January 23 at price of Rs 800/850
SREI Eq.'s Rs500 crore NCDs issue got four times subscription in just three days so closed on January 6
NSE's Rs10,000 crore IPO may be delayed due to irregularities and mismanagement
BSE IPO will get listed only on NSE and retailers will be offered discount
Ahmedabad-based GTPL Hathway and PSP Projects filed DRHP with SEBI for IPO
GR Infra and Shankara Build get Sebi nod for IPO
Muthoot Fin and ECL Fin's NCDs issues to offer interest rates in range of 8-9.5%
BSE SME IPO of Veeram Ornaments listed on discount and closed on premiums
Profile Ind's NSE SME issue allotment declared: Listing on January 9
Calendar year 2016 proved to be mulching cow for primary market investors, but secondary
market disappointed the investors. Nifty gave 3% and Sensex gave only 2% returns. In the primary
market, out of total 27 mainline IPOs 19 IPOs have given 71% returns. Fund raised through IPOs
reached Rs274000 crore making 2016 the best year since 2010.
2017 is expected to be positive for the primary market. However, currently companies are in wait
and watch mode because of Christmas vacation, demonetization and union budget along with
assembly elections in five states.
Currently, D-Mart has got approval for Rs1500 crore IPO, which is likely to open in the third
week of January.
Last week Kosmattam Fin and SREI Equipment's NCDs issues were in the market. SREI Equip-
ment issue got four times subscription in just three days so it has been closed for subscription.
BSE SME issue of Veeram Ornaments got listed, while allotment inProfile Ind's NSE SME IPO
that will get listed on January 9.
* NCDs issues are talk of the town :-Last week Kosmattam Fin and SREI Equipment's NCDs
issues were in the market. As per an estimate, total 11 companies raised Rs27,000 crore through
NCDs issues in 2016-17, which were 38816 crore by 20 companies in 2015-16.
It is a good opportunity for investors to get high returns on fixed income portfolio. Sensex has
given only 2%, Nifty has given only 3% returns, while interest rates on Fixed Deposits with banks
are decreasing. In such situation, tax free bonds are awaited. But currently NCDs are good option
for investors. NCDs issues are offering 8 - 9.5 % interest rates.
• Kosmattam Fin :- The issue opened on December 22 and will get close on January 20. It has
got 0.74 times subscription. The issue with base price of Rs150 crore and retaining limit of Rs300

Main - line IPO (Non SME)

Sr Company Issue Open Dt. Issue size Offer price (Rs.) Lead Manager Registrar
Issue Close Dt. (Rs. Cr.) (Likely)
1. BSE India 23-1-2017 OFS 800 to 850 Axis Capital, Edelweiss Karvy
Ltd. 25-1-2017 2,99,55,434 (F. V. Rs. 2) Motilal Oswal, Nomura Computer
(Book Building) (Likely) Eq. Shares (Likely) SBI Cap., SMC Capital, Shares
(Rs. 1311 Cr.) Spark Capital
SMART
INVESTMENT
8th January 2017 to 14th January 2017 23
Non Convertible Debenture (NCD) Issues at a Glance
Sr Company Issue Open Bond size F.Value Min. Listing Rating Recomm.
Issue Close (Rs. Cr.) (Rs.) App.
22-12-2016 Rs. 300 Cr. 1,000/- 10 NCDs BSE
35 %
1. Kosamattam 20-1-2017 Base Size of Rs.150 Cr. (Rs.10,000) BBB- (Minus)
Finance with an option to Retain Lead manager : By IND AVOID
Oversubscription up to Vivro Financial Services
(Rs. 300 Cr.)

crore has not got any response in category-1. Basis of Allotment of

• SREI Equipment :- Rs250 crore issue with retaining limit of Rs500 Prolife Ind. NSE SME
crore opened on January 3. It got subscribed in just four days so closed No. of Shares Applied 3000
on January 6. It has got 2.21 times subscription. No of Application 721
Total Eq. Shares
* Upcoming public issues:-
Applied 2163000
• BSE IPO :- The issue will open on January 23 and close on Janu- Proportionate
ary 25. It will raise Rs1500 crore by offering 2,99,55,434 shares with Shares Available 525000
face value of Rs1 through offer for sale. The oldest stock exchange of Allocation per Appl. 3000
Ratio 8 : 33
Asia was set up in 1875. The offer price could be Rs800-850 per share.
Total no of Equity
The company will off load 30% stake. There are total 9000 share- Shares Allotted 525000
holders, of which majority are stock brokers. The current stake hold- Surplus (Deficit) 0
ers include Bajaj Holdings, Singapore Exchange, George Sores and Listing on 9-1-2017
others. It will offer special discounts to retail investors. As per Sebi
rules, the exchange could not get self listed. Listing Information of
• NSE IPO :-NSE has filed DRHP for Rs10,000 crore IPO. It is be- Veeram Ornaments
lieved that the offer price could be around Rs90. However, the reports BSE SME Code 540252
from Mumbai are to believe then the issue may get delayed due to Listing Date 5-1-2017
Offer Price Rs. 45.00
irregularities and mismanagement. It is believed that the Sebi has
Listing Price Rs. 42.75
conducted inquiry into Algo Trades irregularities. Some of the bro- Listing Day High Rs. 46.00
kers have also approached Sebi pointing at irregularities in NSE. Listing Day Low Rs. 42.75
* Insight into upcoming Issues:- Listing Day Close Rs. 46.00
• GTPL Hathway :- Ahmedabad-based company has field DRHP CMP (6-1-16) Rs. 46.00
for Rs 300 crore issue. Lead managers are J.m.Fin, BNP Paribas,
MotilalOswal and Yes Bank, while registrar is Link Intime. The pro- Subscription Figures of
moters are AniruddhsinhJadeja and Kanaksinh Rana. SREI Equipment
• PSP Projects :- Ahmedabad-based company has field DRHP Issue No. Shares Issue
for offering 10080000 equity shares. Promoters are Prahladbhai Patel Closed Offered/ Subscribe
on 6-1-2017 Reserved 6-1-17
and Shiplaben Patel. Lead Manager is MotilalOswal and Registrar is
Category I 750000 1.68
KarvyComputershares. Category II 500000 0.18
• Hudco :- As per disinvestment scheme of the Government, Hudo Category III 1250000 3.41
has filed papers for selling 200190000 equity shares. The govern- Total 2500000 2.24
ment will offload 10% shares. It will be OFS and small investors and
employees will get 5% discount. Subscription Figures of
• GR Infra Projects :- It has got Sebi nod for raising Rs 240 crore Kosamattam Finance NCDs
through offering 5413540 equity shares. Lead managers are ICICI No. Shares Issue
Sec, MotilalOswal, HDFC Sec and SBI Capital. Offered/ Subscribe
• ShankaraBuildPro :- Bengaluru-based company has got ap- Reserved 6-1-17
Category I 150000 0.00
proval for raising Rs500 crore through offering 6618366 equity shares. Category II 600000 0.45
Lead managers are IDFC Bank, Equitas Cap and HDFC Bank. Category III 750000 1.12
Total 1500000 0.74
SMART
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8th January 2017 to 14th January 2017 24
CPSE ETF a preferred option for investment
- By Dilip Davda

Well, the first CPSE ETF scheme was launched by Goldman Sachs MF and had a maiden
offer in March 2014 that marked overwhelming response. Although this scheme is a MF scheme,
it differs from conventional MF schemes as CPSE ETF provides better liquidity, low cost trans-
actions, better yield and a bouquet of safe PSUs. CPSE means Central Public Sector Enter-
prises and ETF means Exchange Traded Fund.

According to a study report from a leading financial institution, CPSE has given CAGR of
over 17 per cent (for retail category) since inception and has outperformed Nifty on any short to
long term parameters. CPSE ETF has a special CPSE Nifty index that was formed on 1st
January 2009 with a base value of 1000. First CPSE ETF scheme comprised of 10 selected
PSUs (Maharatna and Navratnas) and were selected on investor friendly criteria. List included
ONGC, Coal India, Oil India, IOC, Gail, Container Corp., Bharat Electronics, Engineers India,
Power Finance and Rural Electrification. It also had a loyalty addition as well as bonus con-
tents. These companies had different ratio of weightings in the CPSE Nifty. Selection of these
companies were done on following characteristics:

• Having more than 55% government holding (stake via Govt. of India or President of
India) under promoter category and

• Having average free float market capitalization of more than Rs.1,000 crore for six month
period ending June 2013

• Having paid dividend of not less than 4% including bonus for 7 yrs immediately preced-
ing or for at least seven out of the eight or nine years immediately preceding, are considered as
eligible companies as on cut-off date i.e. 28-Jun-2013.

First CPSE ETF offer was for Rs. 3000 crore. Now for the second CPSE ETF Reliance
Mutual Fund has got the nod and is likely to generate Rs. 5000 crore for exchequer.

According to sources, Group of Ministers are likely to meet on Monday (09.01.2017) to con-
sider the norms for the second CPSE ETF issue that will include loyalty as well as bonus
contents and this time, EPFO like funds will be allowed to park 15% against 5% limit announced
earlier.

As the asset classes have strong fundamentals CPSE ETF has outperformed and hence
the second offer will provide a better option of investment for retail investors and pension funds.
SMART
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8th January 2017 to 14th January 2017 25
Smart Best Buy S. N. Zaveri

Dalmia cement looks attractive after correction

8K Miles expected to report better Q3 numbers on Monday
L&T : Pune Smart City project and some new orders makes it a compelling buy
Eicher Motors rides on Royal Enfield again
Page Industries : Strong Brand, strong Ebita
Dalmia Cement (Rs. 1536.00) (Code : 533309) (F. V. : 2.00) :- Dalmia Cement
(Bharat) Limited and Thriveni Earthmovers Private Limited (TEPL) bagged the Kottamesta limestone and
Lasarda-Pacheri manganese blocks in Odisha respectively. The Dalmia Cement submitted the highest
final price offer of 12.05 per cent for the limestone block while the TEPL's highest final price offer was 44.65
per cent, said an official notification issued by the state steel and mines department. The consensus price
target provided by 14 analysts is Rs 2110, which indicates a 43% potential upside for the stock from the
current market price.The company's recent proposal to merge with its subsidiary OCL India will lead to a
simplified corporate structure, which in turn will bring down the tax burden as well as overhead expenses.The
stock has corrected from Rs.2090 level to Rs. 1536. It is good opportunity to enter into this counter. Buy.
8K Miles (Rs. 709.00) (Code : 512161) (F. V. : 5.00) :- Mid-cap software major 8K
Miles Software Services would be coming with its Q3 earnings on Monday. The management commentary
would be crucial, given the muted growth in IT industry in the previous quarters.Recnetly, the company,
through its US-subsidiary 8K Miles Software Services Inc., has entered into a definitive agreement to
acquire Cornerstone Advisors Group LLC.The proposed acquisition of Cornerstone by 8K Miles Software
Service is for over $10 million.Cornerstone Advisors Group provides executive level information technol-
ogy advisory, consulting, and implementation services to the healthcare provider industry. Once com-
pleted, the acquisition of Cornerstone will further strengthen the 8K Miles position as a Partner, Consultant
and Technology Solution Provider to Healthcare clients in the US.With the acquisition of Cornerstone 8K
will add more than 50 top healthcare experts, consultants and practice directors in the U.S. with deep
domain knowledge in Healthcare Information Technology services. The stock has been in consolidation
mode and as the results are due on Monday, the stock is poised for upmove. Buy.
L & T (Rs. 1391.00) (Code : 500510) (F. V. : 2.00) :- Larsen & Toubro (L&T) has
said it has been chosen as the implementation partner to convert Pune into a smart city. The letter of intent
(LoI) was handed over to representatives of L&T Construction's Smart World and Communication business
unit.In an another development, L&T Hydrocarbon Engineering (LTHE), a fully owned subsidiary of Larsen
& Toubro (L&T), in consortium with EMAS Chiyoda Subsea, has won two engineering, procurement, con-
struction and installation (EPCI) contracts from Saudi Aramco, the Saudi Arabian oil giant and biggest oil
company in world. The contract is awarded to supply and install four wellhead decks in the Safaniya field
and another award to upgrade on 17 platforms in various offshore fields in the Arabian Sea off the coast of
Saudi Arabia. L&T has strong order book which makes it a compelling buy. At CMP of Rs.1391, the stock
looks worth accumlating.
Eicher Motors (Rs. 22714.00) (Code : 505200) (F. V. : 10.00) :- Eicher Motors
has reporteds strong sales number for the month of December. Company's two-wheeler division, Royal
Enfield, reported a 42 percent jump in total sales at 57,398 units in December 2016. The company sold
57,398 two-wheelers in December 2016 as compared to 40,453 units in December 2015.Exports also
surged 160 percent year-on-year to 1,082 units but fell 26.4 percent compared with previous month. Its
sales for the nine-month period ending December 2016 grew by 36 percent to 4.88 lakh units on yearly
basis. However, Eicher Motors' commercial vehicle sales disappointed analysts, falling 21 percent year-
on-year to 3,246 units in the month gone by. Exports also declined 16 percent to 700 units on yearly
SMART
INVESTMENT
8th January 2017 to 14th January 2017 26
basis.Eicher sold 56% more bikes year-on-year in December in the over 350cc category, while it sold 41%
more bikes in the up to 350cc segment. An analyst at a domestic brokerage said demand for the up to
350cc remains strong and with a three-month waiting period and sales growth would be much better.The
stock has spurted 10 per cent in last 8 sessions. Buy this momentum stock.
Page Industries (Rs. 13700.00) (Code : 532827) (F. V. : 10.00) :- : Page
Industries offers a compelling, capital- efficient long-term lifestyle play on the premium innerwear category.
It has strong brand like Jockey. It enjoys a natural first-mover advantage and has no comparable competi-
tor with similar scale in its niche. A widening product and brand portfolio, coupled with distribution expan-
sion, will aid market share expansion and drive multiple years of growth. The company usually hikes price
in January-March, anticipating the likely increase in wages, salaries and other inputs. It will do that in Janu-
ary-February-March. Hence, EBITDA of 21 percent is expected. The margins in second half will be slightly
higher than the first half. Page Industries has a present capacity of 225 million pieces. It has a plan to make
it to 400 million by 2019.The stock has been in consolidation mode after steep correction. Accumulate.

(SEBI Registered Research Analyst)

* Disclosure :- The author has not brought / sold any stock advised in this news paper during
last one month • All stocks rates / indices on 6th January 2017 unless specified o Stoploos is useful
for Short - Medium term investors only
* Disclaimer :- • Smart Investment will not be responsible / for any loss arising out of investment
based on its recommendation. • Though, every care has been taken, we will not responsible for
any errors / omissions • All disputes are subject to Ahmedabad jurisdiction

FII Activity (Rs. Cr.)

Date Buy Value Sell Value Net Value
02/01/2017 959.07 1219.71 -260.64
03/01/2017 1909.03 2409.52 -500.49
04/01/2017 3428.23 4228.94 -800.71
05/01/2017 4518.96 4605.84 -86.88
06/01/2017 3502.2 3757.41 255.21
Total 14317.49 16221.42 -1903.93
DII Activity (Rs. Cr.)
Date Buy Value Sell Value Net Value
02/01/2017 1630.57 1609.91 20.66
03/01/2017 2124.08 1561.81 562.27
04/01/2017 1887.48 1460.39 427.09
05/01/2017 2259.39 1810.32 449.07
06/01/2017 2563.28 2397.99 165.29
Total 10464.8 8840.42 1624.38
SMART
INVESTMENT
8th January 2017 to 14th January 2017 27
Dalal Street Whispers - Dilip K. Shah

Balrampur Chini (Rs. 134.00) (Code: 500038) :- The country's second largest sugar company,
Balrampur Chini will buyback shares worth Rs. 175 crores through a tender offer. The company
will buyback 1 crore shares at Rs. 175 per share. The record date has been fixed at January 13.
Bafna Pharma (Rs. 31.00) (Code: 532989) :- This small-cap pharma company's board has
decided to allot 80 lakh shares warrants to promoters and non-promoter groups through a fresh
issue.
Sail (Rs. 51.00) (Code: 500113) :- Sail's production for December has touched level of 10 mil-
lion tonnes. Demand has gone up in both the domestic and overseas markets.
Hind. Oil Explo. (Rs. 68.00) (Code: 500186) :- There is upward movement in the stock. Crude
oil prices touched $ 58 per barrel. Surging crude prices will benefit the company.
Chartered Logistics (Rs. 23.00) (Code: 531977) :- This logistics company has recently bagged
five large orders. For the third quarter of FY 2017, the company reported 34% increase in net profit.
For the first nine months of the year, it has reported profit of Rs. 11 crores, which is nearly twice that
of profit of Rs. 6 crores in the whole of last year.
Nandan Denim (Rs. 117.00) (Code: 532641) :- The Ahmedabad-based denim manufacturer
has received nod to increase FII investment limit from 24 to 49%. The development has led to
sharp rise in trading volumes as well as the price.
Bombay Dyeing (Rs. 53.00) (Code: 500020) :- The shares of this textile and realty company
are on the rise for a week. There is current in the stock after it sold the land, building and machinery
of its Ranjangaon unit for Rs. 75 crores. It has also sold a tenement in Mumbai for Rs. 9.4 crores.
MBL Infra (Rs. 40.00) (Code: 533152) :- The stock is in focus after the company bagged three
orders from NHAI. The company plans to raise Rs. 300 crores through debt and equity for financial
closure of its projects.
Prima Plast (Rs. 247.00) (Code: 530589) :- The plastic products company is seen as a com-
petitor to Nilkamal. The company has started commercial production at its JV manufacturing plant
in West Africa. Its production capacity has gone up from 4,500 tonnes to 8,500 tonnes.
Kopran (Rs. 54.00) (Code: 524280) :- Like other fertilizer exporters, this company too will ben-
efit from a weakening rupee.
Seamec (Rs. 83.00) (Code: 526807) :- Apart from crude oil price, the Baltic Dry Index has gone
up by 100%, which will benefit the company.
Everest Kanto (Rs. 34.00) (Code: 532684) :- The company has recently launched gas cylinder
for motorcycles. Some movement can be seen in the stock.
Goa Carbon (Rs. 111.00) (Code: 509567) :- The company is in focus after achieving turn-
around position in 2016. Falling raw material prices have helped its performance. It is also likely to
benefit from ban on Calcite production in China.
Archies (Rs. 23.00) (Code: 532212) :- After Diwali and Christmas, demand for its products is
likely to go up due to Valentine's Day.
Bartronics (Rs. 20.00) (Code: 532694) :- The share had touched Rs. 180 at one point of time,
from where it has fallen to the current levels. It plans to make big investments in its subsidiary.
Technical breakout can be seen.
Shivam Auto (Rs. 44.00) (Code: 532776) :- There is value-buying on the counter. Delivery-
based trades are 61% of the trading volume. It is expected to benefit from fall in interest rates.
NCL (Rs. 120.00) (Code: 502168) :- This cement company has reported 50% rise in net profit in
the third quarter. The EPS was Rs. 22. The share is available at a very attractive valuation.
Disclosures as per SECURITIES AND EXCCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may have investment in this
stocks • I/My family have no financial interest or beneficial interest of more than 1% in the company whose stocks I am recommending • Stop loss is useful for Short /
Medium Term investor Only • Smart Investment will not be responsible / liable for any loss arising out of investment based on tis advices • Past performance may or may
not be substainedin future " (Dilip K. Shah) Research Analyst : SEBI Regn No. : INH000002152
SMART
INVESTMENT
8th January 2017 to 14th January 2017 28
High Risk High Return Shares - Dilip K. Shah

Godrej Properties (Rs. 319.00) (Code: 533150) :- Godrej has sold more than 300 apartments or 75%
of the total in its Pune project in two months. It also plans to merge a subsidiary with itself in the near future.
U-flex (Rs. 280.00) (Code: 500148) :- This container packaging sector company is set to start opera-
tions at its Rs. 1,500 crore liquid packaging plant in Gujarat in the near future.
Jagran Prakashan (Rs. 175.00) (Code: 532705) :- The board of leading newspaper group has ap-
proved buyback of 4.75% stake for Rs. 300 crores. The buyback price has been fixed at Rs. 195. It is also
seen benefiting from the elections in UP and Punjab.
NBCC (Rs. 251.00) (Code: 534309) :- NBCC has decided to issue one bonus share for every two held.
It has order book of Rs. 35,000 crores. It is expected to benefit from several announcements that are likely
in the February 1 budget.
KRBL (Rs. 312.00) (Code: 530813) :- The company is the biggest exporter of basmati rice from India.
Recently, Iran has approved imports of food products from India, while China has also called for samples.
Factors such as falling interest cost, and some measures from the government, will benefit the company.
Piramal Enterprise (Rs. 1,678.00) (Code: 500302) :- Piramal Enterprise's subsidiary Piramal Finance
plans to submit an application for setting up a housing finance company. The board has approved the plan.
Wockhardt (Rs. 710.00) (Code: 532300) :- Shares of the pharma major jumped 8% after German
health regulatory certified its Ankleshwar plant for following good manufacturing practices. Incidentally, the
share had fallen sharply after US FDA had issued a warning letter for the same plant three days ago.
MOIL (Rs. 400.00) (Code: 533286) :- The company has hiked prices of most of its products by 10-15%,
which pushed the share to close to 52-week high prices. It operates 10 mines in the country.
Upper Ganges Sugar (Rs. 340.00) (Code: 530505) :- Sugar prices have crossed Rs. 40 per kg in
wholesale yards due to lower sugar output. Prices and demand have also gone up in international markets.
Maruti (Rs. 5613.00) (Code: 532500) :- The country's largest carmaker is launching its new premium
compact car 'Ignis' on January 13. The company is also offering online booking facility for the car. It is
expected that this car will also have a long waiting list.
Apar Industries (Rs. 613.00) (Code: 532259) :- The company's board will meet to decide on share
buyback proposal. Promoter holding in the company is 41.80%, FIIs 8.71%, mutual funds 11.37%, while
public holding is 6.79%.
LT Foods (Rs. 339.00) (Code: 532783) :- The record date for stock split of this agri products company
is January 8. Some movement can be seen in the stock.
Jubilant Life (Rs. 704.00) (Code: 530019) :- The company's US subsidiary has received long-term
contract from US distributor for supply of diagnostic and therapeutic products.
JBF Ind. (Rs. 215.00) (Code: 514034) :- The volume and price are on the rise as Edelweiss has re-
cently increased its stake.
Liberty (Rs. 164.00) (Code: 526596) :- CARE rating agency has upgraded the rating of this top foot-
wear company.
Oil India (Rs. 476.00) (Code: 533106) :- The impact of rising crude oil prices is being seen on the stock,

Disclosures as per SECURITIES AND EXCCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may have investment in this
stocks • I/My family have no financial interest or beneficial interest of more than 1% in the company whose stocks I am recommending • Stop loss is useful for Short /
Medium Term investor Only • Smart Investment will not be responsible / liable for any loss arising out of investment based on tis advices • Past performance may or may
not be substainedin future " (Dilip K. Shah) Research Analyst : SEBI Regn No. : INH000002152
SMART
INVESTMENT
8th January 2017 to 14th January 2017 29
Senior Astrologer
Dharmesh Joshi
Mob. : 9909941816
E-mail :
[email protected]

Sensex Predictions : Dt. 9th January to 13th January

" Please consider 10 minutes plus and minus in each prediction, and act accordingly. " Ganesha
advises you to compare every prediction with the prediction of the previous time slot. "
09-01-2017 Monday :- " The Moon is posited in its sign of exaltation, but Venus-
Ketu are degreecally together. " From 9.15 to 11.15 Nifty may witness a mixed trend. " Between
11.15 to 12.30 Nifty will go up. " From 12.30 to 15.00 Nifty may be remain on mixed to negative
side. " During the last 30 minutes Nifty shall move upwards.
10-01-2017 Tuesday :- " Astrologically, no major changes are foreseen. Don't
depend on the opening while dealing, and till 11.00 trade with a margin of 2 rupees. " From 11.00
to 12.00 Nifty may bounce, technically. " Between 12.00 to 13.00 will be a 'No Trading Zone'
declares Ganesha. Don't trade during this period. " From 13.00 to 13.40 Nifty shall reasonably go
up. " Between 13.40 till the closing bell, keep buying-selling Nifty, and avoid taking a long posi-
tion.
11-01-2017 Wednesday :- " Today the Moon is in Ardra Constellation, which is
ruled by Rahu. " Around the opening short Nifty, and around 10.00 buy. " Around 11.00 again buy,
and exit on earning 2 rupees. " Around 13.00 again short Nifty, and around 14.00 buy. " Around
14.30 again buy Nifty, and around 15.30 exit.
12-01-2017 Thursday :- " The Moon is favourable, because today is Full Moon
Day. " Remain cautious during the opening and closing today, because things may not happen as
they appear. " During the first 2 hours, overall Nifty will pass time around the surface. " During the
next 1 hour, buying in 'A' group stocks will positively influence Nifty. " The period from 12.22 to
14.45 may be very boring, but best for Intraday. The trend will change every 20 minutes, on both
the sides. " Between 14.45 to 15.30 may be the most dangerous and volatile period of the day.
Hence, remain very cautious. Overall, Nifty will be slightly positive.
13-01-2017 Friday :- " Today, the Moon is in its own sign - Cancer, hence the market
will be highly volatile. " Trade very quickly today, says Ganesha. " From opening to 10.20, Nifty
may immediately go down. " Between 10.20 till 11.38, Nifty will go up, step by step. " From 11.38
to 13.00 take a tea break, don't deal. " Post 13.00 Nifty may go down, step by step. " Around 14.20
square off your deals. " Between 14.20 to 15.30, just gossip, don't trade.
SMART
INVESTMENT
8th January 2017 to 14th January 2017 30
News Track

Sharekhan by BNP Paribas

Sharekhan that enjoys niche play in retail broking and education of investors is now mull-
ing technology driven trading platforms for all through mobile. It has recently tied up with BNP
Paribas for its forward move to double its customer base in coming five years. With acquisi-
tion by BNP Paribas, Sharekhan mulls significant investment in digital technology with a
drive to become the most preferred savings and investment partners in India. To facilitate
this partnership, Sharekhan has also changed its logo to "Sharekhan by BNP Paribas". As
known, BNP Paribas has earlier made an investment in Geojit Securities to pave the way in
broking business. This time it has formed JV with Sharekhan. Both this broking arms busi-
ness will have no co-relevance as clarified by the management. BNP Paribas is likely to
invest 70 million Euros in Sharekhan and will continue to hold its Geojit stake.

BUY.... BUY....BUY TIPS OF THE WEEK

Co. Name Code Price Co. Name Code Price
RCF 524230 54.55 HSIL 500187 283.00
HOEC 500186 68.00 KRBL 530813 312.00
Ugar Sug. W. 530363 32.00 Zee Enter. 505537 463.00
Camlin Fine 532834 116.00 8K Miles 512161 709.00
Guj. Ambuja 524226 91.00 Oil India 533106 476.00
Uni. Cables 504212 74.00 Motherson S. 517334 331.00
Orient Bell 530365 157.00 APL Apollo 533758 945.00
Carbo. Uni. 513375 253.00 HPCL 500104 467.00
Atlas Cycles 505029 450.00 BEML 500048 993.00
Power Grid 532898 188.00 Siemens 500550 1164.00
MOIL 533286 400.00 Timken India 522113 621.00
Balrampur Ch. 500038 134.00 Dalmia Bh. 533309 1536.00
J Kumar Infra 532940 228.00 Dr. Lal Path 539524 1111.00
Titan 500114 354.00 Eicher Motors 505200 22714.00
SMART
INVESTMENT
8th January 2017 to 14th January 2017 31
News Track

MCX Launched Castor Seeds Futures

Multi Commodity Exchange of India (MCX), India's No. 1 commodity exchange recently
launched a futures contract in Castor Seed, after receiving approval for the same from the
Securities and Exchange Board of India. With this launch, MCX has added another contract
to its agri-commodities products suite, in the oil and oilseeds complex. The exchange has
currently launched February, March, April and May 2017 contracts in Castor Seed, with 10
MT as the trading unit and Deesa (Gujarat) as the basis centre. Besides, in order to cater to
the demand of a wide and diverse participants' group, MCX has decided to levy a flat transac-
tion charge of 50 paise per one lakh rupees of transaction, the lowest in any commodity
levied by the Exchange.

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SMART
INVESTMENT
8th January 2017 to 14th January 2017 32
REVIEW OF “SMART PLUS NEWS LETTER”
Amazing 22% RETURN SMART GAIN
FOR SMART INVESTORS
Company Reccom. Weekly Ch. Company Reccom. Weekly Ch.
19-12-16 High (%) 19-12-16 High (%)
Kenna Metal 568 590 3.9 Oil India 452 474 4.9
NBCC 239 259 8.4 NIIT Techno 423 447 5.7
Va Tech Wabag 468 494 5.6 Maruti 5323 5662 6.4
Cummins India 816 855 4.8 CESC 630 656 4.1
Shemroo Ent. 390 415 6.4 IOC 325 355 9.2
Bharat Forge 906 936 3.3 TCS 2301 2387 3.7
Lovable Ling. 235 259 10.2 Suditi Industries 56 59 5.4
Hero Moto 3044 3118 2.4 Madhav Marble 60 65 8.3
Wabco India 5211 5350 2.7 South Indian Bank 19 20 5.3
Motherson Sumi 325 338 4 BN Rathi 23 27 17.4
Finolex Ind. 436 448 2.8 JM Fin. 66 72 9.1
I. B. Housing Fin. 650 684 5.2 Datamatics Gl. 127 147 15.7
Vardhman Tex. 1110 1125 1.4 Sambandhan Sp. 125 143 14.4
Lumax Ind. 749 848 13.2 L & T Finance 87 94 8
Century Enka 273 293 7.3 Praj Industries 80 86 7.5
Balkrishna Ind. 1101 1150 4.5 Pix Trans. 82 100 22
Jet Air 347 378 8.9 Navneet Ed. 111 125 12.6
Dreging Corp. 385 466 21 L & T Finance 87 94 8
Eveready Ind. 217 226 4.1 J Kumar Infra 205 222 8.3
Suven Life 173 179 3.5 Electro Therm 199 230 15.6
Aban Off. 230 252 9.6 ABC Bearings 150 161 7.3
JMC Projects 222 228 2.7 Sunteck Realty 216 251 16.2
Ruby Mills 347 378 8.9 Dwarkesh Sugar 320 369 15.3
Camlin Fine 100 117 17 Suprajit 192 210 9.4
MOIL 359.3 402 11.9 Veto Switch 134 143 6.7
Sonata Soft 193 209 8.3 RPP Infra 233 247 6
Techno Ele. 301 329 9.3 PNC Infratech 102 107 4.9

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Editor : Dilip K. Shah

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Disclaimer :- Investment recommendations made in Smart Investment are for information
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featured herein
SMART
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8th January 2017 to 14th January 2017 35
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SMART
INVESTMENT
8th January 2017 to 14th January 2017 36
Grand Success Story of
D(en)O(f)W(ealth) : Dow Scheme
Date Stock Reco. Target Achieved Return Date Stock Reco. Target Achieved Return
Rate (Rs.) Rate (%) Rate (Rs.) Rate (%)
29th April J M FIN 47.5 60-90 90.9 91% 29th Mar. LLOYD ELE 235 300 340 45%
5th May VIPPY SPINPRO 20 25-31 42 110% 5th April ELECON ENG 59 75 74 25%
8th May CONART ENG 22 30-32 58 164% 8th April SURYALAKSHMI Cot. 112 130-175 165.5 48%
15th May MANALI PETRO 16.5 21-30 47.6 188% 8th April SUBEX 10.1 13.75-16.5 14.25 41%
26th May GOLDIAM INT 28 38 93.7 235% 13th April CAREER POINT 118 135-175 142 20%
28th May PONDY OXIDE 75 82 293 291% 13th April KLRF 58 75-110 70 21%
9th June INDUS BANK 810 880 1256 55% 26th April BENGAL TEA 50 60-65 63.5 27%
18th June KEI IND 63 90 139.5 121% 29th April WALCHAND PEOPLE 106 145 210.5 99%
18th June VRL LOGI 305 335-350 479 57% 3rd May IOL CHEM 103 150-250 156 51%
18th June KALPATARU POWER 241 270 292 21% 6th May PPAP AUTO 144 175-200 207.7 44%
18th June SUPRAJIT ENG 128 150 233.5 82% 16th May GANDHI SPE TUBE 235 300 352 50%
26th June IBULLS HOUSING 620 675-900 891 44% 16th May BAJAJ ELE 233 265 282 21%
2nd July MRPL 76.5 85-105 106 39% 19th May ITD CEMENT 127 175 164 29%
13th July FSL 33.25 40-55 54 62% 27th May KUSHAL TRADE 145 175-225 550.85 280%
14th July JAIN IRRIGATION 75 95-125 109 45% 3rd June J M FIN 47 56-59-65 90.9 93%
28th July BAJAJ FINANCE 222 275 1184 433% 9th June BAJAJ ELE 232 300 282 22%
31st July JINDAL SAW 78 95-125 85.5 10% 20th June GAEL 58 75-85 103.3 78%
3rd Aug HFCL 15 20-35 24.7 65% 24th June IOL CHEM 136 175-275 156 15%
5th Aug SUBEX 16.5 18.5-22 18.35 11% 1st July 16 IL&FS TRANS 78.5 95-105 117.45 50%
17th Aug J M FIN 52.5 60 90.9 73%
15th July 16 SARDA ENERGY 141 180-200 296.2 110%
11th Sep NAVKAR CORP 166 185-190 225 36%
22nd July 16 AARTI IND 553 620-625 764 38%
11th Sep ECLERX SERVICES 1425 1600 1784 25%
28th July 16 MAGMA FIN 106 135-140 125.65 19%
11th Sep KSCL 457 530-550 543 19%
3rd Aug 16 GARWARE WALL 453 535-540 648 43%
24th Sep GHCL 142 165-200 299 111%
12th Aug 16 IOL CHEM 137 175-275 156 14%
6th Oct CHENNAI PETRO 238 275-350 312.4 31%
18th Aug 16 SAMBANDAM SPI 113 130-140 141 25%
7th Oct HFCL 16.7 20-25 24.7 48%
31st Aug 16 IDFC 58.25 70 71.3 22%
12th Oct ARSS INFRA 36.5 50-54 114 212%
8th Sep 16 IRB INFRA 242 270-285 266.4 10%
14th Oct ASHOK LEYLAND 94.25 105-110 112.8 20%
8th Sep 16 TALBROS ENG 238 255-260 359 51%
4th Nov LLOYD ELE 274 315-350 340 24%
16th Sep 16 NOCIL 68 85 82.45 21%
16th Nov TANLA SOL 36.5 50 63.85 75%
21st Sep 16 CONART ENG 40 48 58 45%
21st Nov PRIMA PLAST 83 100-125 272 228%
23rd Sep 16 KEI IND 120.5 140-170 139.5 16%
26th Nov PRATIBHA IND 45 55 51 13%
29th Sep 16 DYNAMIC IND 60 70-75 82.9 38%
16th Dec C O M P E T E N T 140 185-190 219 56%
29th Sep 16 GSFC 77 101 106.7 39%
21st Dec SUN PHARMA 750 1000 899 20%
25th Oct 16 A2Z INFRA 40.75 50 51.45 26%
8th Jan ASM TECHNO 195 230-300 220 13%
30th Oct 16 JENBRUKT PHARMA 482 700 572.5 19%
5th Feb SWISS GLASS 118 150 163 38%
30th Oct 16 ADVANCED ENZ 2125 2700 2375.5 12%
19th Feb ELEGANT MARBLE 95 125 164 73%
4th Nov 16 ABC BEARINGS 174 210-250 178 2%
3rd March SHIVALIK BI 22 27-35 50 127%
2nd Dec 16 MRPL 100 119-138-149 106 6%
8th March SUDARSHAN CHE 86 115 455 429%
9th Dec 16 SONATA SOFT 164 195 202 23%
21st MarchJ K TYRE 83 105-135 161.4 94%
16th Dec 16 INDIA GLYCOL 137 180-200 149 9%
21st MarchNHPC 21.85 27-32 28.4 30%