Stocks on the moveStocks on the move

Scrip I-Direct Code Action Target StoplossBASF BASF Buy in the range of 1330.00-1368.00 1695.00 1238.00

Time Frame: 3 Months

August 6, 2015

Deal Team – At Your ServiceBASF : On the cusp of a range break out…

• The share price is poised at the cusp of a breakout from a 10 month consolidation offeringfresh entry opportunity with favourablereward/risk set up

CMP: | 1368 Buying range: | 1330-1368 Target: | 1695 Stop loss: | 1238

Weekly Bar Chart

On the cusp of a

Pattern implication @ 1700

• The historical price chart depicts a structuralbull trend even as the stock consolidated in arange of | 1350-1000 from the beginning ofOctober 2014 marking a medium-termcorrection. The sharp upsurge in the current

k’ d b k d b hi h i i i

pbreak out

1350

week’s trade, backed by higher participation(volumes more than double of 10 weekaverage of 0.8 lakh shares), indicate renewedmomentum. In a follow through, we expect theshare price to resume its next up move

1000

• Following the potential bullish price break out,we expect the stock to head towards | 1695being the pattern implication of a range breakout (1350-1000=350 points) as projected froma break out level of | 1350

550

• Among oscillators, the weekly MACD hasgenerated a positive crossover above its nineperiod average signalling strength in the pricebreakout backed by momentum

Bullish crossover on MACD supports the price breakout

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Source: Bloomberg, ICICIdirect.com Research *Call has been initiated in I-Click to Gain on August 06, 2015 at 12:02

Strategy Follow up

Open Recommendations:Open Recommendations:Rec. Date Scrip Name Rec Price Target Stoploss CMP Return till date

1-Jul-15 Simplex Infra 388 460 355 368 -5.2

30-Jul-15 Subros 90 130 75 98 8.9

4-Aug-15 Berger Paint 223 270 198 229 2.7

4-Aug-15 Akzo Nobel India 1440 1670 1295 1485 3.1ug 5 Akzo Nobel India 0 6 0 95 1485 3

5-Aug-15 Jamna Auto Industries 238 290 216 248 4.2

5-Aug-15 Tube Investment 417 495 378 426.0 2.2

5-Aug-15 United Spirits 3662 4290 3395 3626 -1.0

Summary Performance - April - August 2015 Open Recommendations 7

Total Recommendations 39 Yield on Positive recommendations 12.2%

Closed Recommendations 32 Yield on Negative recommendations -6.2%

Positive Recommendations 27

Strike Rate 84%

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Deal Team – At Your ServiceProduct highlights

• The key objective of this product is to provide multiple actionable stock ideas providing decent return potential from a medium term perspective. The report would highlight interesting chart patterns using various technical parameters. Consequently, we would formulate requisite trading strategies to ride the possible future price action

• Return objective – 10% to 20%j

• Time horizon – 3 months

• Frequency of report – Based on opportunity and suitable risk/reward ratio

Research AnalystsResearch AnalystsDharmesh Shah dharmesh.shah@icicisecurities.comNitin Kunte, CMT nitin.kunte@icicisecurities.comDipesh Dagha dipesh.dagha@icicisecurities.comPabitro Mukherjee pabitro.mukherjee@icicisecurities.comVinayak Parmar vinayak parmar@icicisecurities com

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Vinayak Parmar vinayak.parmar@icicisecurities.com

Notes…

• It is recommended to enter in a staggered manner within the prescribed range provided in the report

• Once the recommendation is executed, it is advisable to keep strict stop loss as provided in the report on closing basis. p g

• The recommendations are valid for three to six months and in case we intend to carry forward the position, it will be communicated through separate mail.

Trading portfolio allocation

• It is recommended to spread out the trading corpus in a proportionate manner between the i h i l h dvarious technical research products

• Please avoid allocating the entire trading corpus to a single stock or a single product segment

• Within each product segment it is advisable to allocate equal amount to eachWithin each product segment it is advisable to allocate equal amount to each recommendation

• For example: The ‘Daily Calls’ product carries 3 to 4 intraday recommendations. It is advisable to allocate equal amount to each recommendation

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Recommended product wise trading portfolio allocation

Duration

Daily Calls 8% 2-3% 3-4 Stocks 0.5-1% 2-3% Intraday

Number of CallsReturn Objective

Frontline Stocks Mid Cap StocksProduct Product wise

allocation

AllocationsMax allocation in

1 Stock

Short term Delivery 6% 3-5% 7-10 Per Months 4-5% 7-10% Opportunity Based

Weekly Calls 8% 3-5% 1-2 Stocks 5-7% 7-10% 1 Week

Weekly Technicals 8% 3-5% 1-2 Stocks 5-7% 7-10% 1 Week

Monthly Call 15% 5% 2-3 Stocks 7-10% 10-15% 1 Month

Monthly Technical 15% 2-4% 5-8 Stocks 7-10% 10-15% 1 Month

Techno Funda 15% 5-10% 1-2 Stocks 10% and above 15% and above 6 Months

Technnical Breakout 15% 5 10% 1 2 Stocks 10% and above 15% and above 3 6 MonthsTechnnical Breakout 15% 5-10% 1-2 Stocks 10% and above 15% and above 3-6 Months

Cash 10% -100%

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Pankaj Pandey Head – Research pankaj.pandey@icicisecurities.com

ICICIdirect.com Research Desk,ICICI Securities Limited,ICICI Securities Limited,1st Floor, Akruti Trade Centre,Road No 7, MIDCAndheri (East)Mumbai – 400 093research@icicidirect.com

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DisclaimerANALYST CERTIFICATION

We /I, Dharmesh Shah, Dipesh Dagha, Nitin Kunte, Pabitro Mukherjee, Vinayak Parmar Research Analysts, authors and the names subscribed tothi t h b tif th t ll f th i d i thi h t t l fl t i b t th bj t i ( )this report, hereby certify that all of the views expressed in this research report accurately reflect our views about the subject issuer(s) orsecurities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) orview(s) in this report.Terms & conditions and other disclosures:ICICI Securities Limited (ICICI Securities) is a SEBI registered Research Analyst having registration no. INH000000990. ICICI Securities Limited(ICICI Securities) is a full-service, integrated investment banking and is, inter alia, engaged in the business of stock brokering and distribution offinancial products. ICICI Securities is a wholly-owned subsidiary of ICICI Bank which is India’s largest private sector bank and has its variousfinancial products. ICICI Securities is a wholly owned subsidiary of ICICI Bank which is India s largest private sector bank and has its varioussubsidiaries engaged in businesses of housing finance, asset management, life insurance, general insurance, venture capital fund management,etc. (“associates”), the details in respect of which are available on www.icicibank.com.ICICI Securities is one of the leading merchant bankers/ underwriters of securities and participate in virtually all securities trading markets in India.We and our associates might have investment banking and other business relationship with a significant percentage of companies covered by ourInvestment Research Department. ICICI Securities generally prohibits its analysts, persons reporting to analysts and their relatives frommaintaining a financial interest in the securities or derivatives of any companies that the analysts cover.The information and opinions in this report have been prepared by ICICI Securities and are subject to change without any notice. The report andinformation contained herein is strictly confidential and meant solely for the selected recipient and may not be altered in any way, transmitted to,copied or distributed, in part or in whole, to any other person or to the media or reproduced in any form, without prior written consent of ICICISecurities. While we would endeavour to update the information herein on a reasonable basis, ICICI Securities is under no obligation to update orkeep the information current. Also, there may be regulatory, compliance or other reasons that may prevent ICICI Securities from doing so. Non-rated securities indicate that rating on a particular security has been suspended temporarily and such suspension is in compliance with applicableregulations and/or ICICI Securities policies in circumstances where ICICI Securities might be acting in an advisory capacity to this company or inregulations and/or ICICI Securities policies, in circumstances where ICICI Securities might be acting in an advisory capacity to this company, or incertain other circumstances .This report is based on information obtained from public sources and sources believed to be reliable, but no independent verification has beenmade nor is its accuracy or completeness guaranteed. This report and information herein is solely for informational purpose and shall not be usedor considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments. Thoughdisseminated to all the customers simultaneously, not all customers may receive this report at the same time. ICICI Securities will not treatrecipients as customers by virtue of their receiving this report. Nothing in this report constitutes investment, legal, accounting and tax advice or arepresentation that any investment or strategy is suitable or appropriate to your specific circumstances. The securities discussed and opinionsexpressed in this report may not be suitable for all investors, who must make their own investment decisions, based on their own investmentobjectives, financial positions and needs of specific recipient. This may not be taken in substitution for the exercise of independent judgment byany recipient. The recipient should independently evaluate the investment risks. The value and return on investment may vary because ofchanges in interest rates, foreign exchange rates or any other reason.

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Disclaimer

ICICI Securities accepts no liabilities whatsoever for any loss or damage of any kind arising out of the use of this report. Past performance is not necessarily a guide to future performance Investors are advised to see Risk Disclosure Document to understand the risks associated beforenecessarily a guide to future performance. Investors are advised to see Risk Disclosure Document to understand the risks associated before investing in the securities markets. Actual results may differ materially from those set forth in projections. Forward-looking statements are not predictions and may be subject to change without notice.ICICI Securities or its associates might have managed or co-managed public offering of securities for the subject company or might have been mandated by the subject company for any other assignment in the past twelve months. ICICI Securities or its associates might have received any compensation from the companies mentioned in the report during the period preceding twelve months from the date of this report for services in respect of managing or co-managing public offerings, corporate finance, investment banking or merchant banking, brokerage services or other advisory service in a merger or specific transaction. ICICI Securities or its associates might have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the companies mentioned in the report in the past twelve months.ICICI Securities encourages independence in research report preparation and strives to minimize conflict in preparation of research report. ICICI Securities or its analysts did not receive any compensation or other benefits from the companies mentioned in the report or third party in connection with preparation of the research report. Accordingly, neither ICICI Securities nor Research Analysts have any material conflict of interest at the time of publication of this reportinterest at the time of publication of this report.It is confirmed that Dharmesh Shah, Dipesh Dagha, Nitin Kunte, Pabitro Mukherjee, Vinayak Parmar Research Analysts of this report have not received any compensation from the companies mentioned in the report in the preceding twelve months. Compensation of our Research Analysts is not based on any specific merchant banking, investment banking or brokerage service transactions. ICICI Securities or its subsidiaries collectively or Research Analysts do not own 1% or more of the equity securities of the Company mentioned in the report as of the last day of the month preceding the publication of the research report. Since associates of ICICI Securities are engaged in various financial service businesses, they might have financial interests or beneficial ownership g g gin various companies including the subject company/companies mentioned in this report.

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