HIGH BROW MARKET RESEARCH INVESTMENT ADVISOR PRIVATE LIMITED
PHONE: 0731-6554125 | MAIL: SUPPORT@WAYS2CAPITAL.COM | ADD : 515-516, SHAGUN ARCADE,VIJAY NAGAR, INDORE, MP, 452001
Market Wrap–Up MAJOR INDICES
CURRENCY MARKET UPDATE
CLOSING AS ON 06th April 18
WEEKLY CHANGES
WEEKLY % CHANGE
Nifty
10331.60
217.90
2.15%
Nifty 100
10750.35
271.95
Nifty 200
5499.35
Nifty 500 Nifty VIX
CURRENT CLOSING
PREVIOUS CLOSING
USDINR
65.0900
65.3600
-0.41%
2.60%
GBPINR
91.2650
92.5250
-1.36%
-16.75
-0.30%
EURINR
79.7625
81.1075
-1.66%
9172.05
259.95
2.92%
JPYINR
60.7150
61.7550
-1.68%
14.75
-1.01
-6.41%
EURUSD
1.2288
1.2279
0.07%
Nifty Bank
24873.15
609.80
2.51%
GBPUSD
1.4080
1.4037
0.31%
Nifty Auto
11444.15
622.80
5.76%
Dollar Index
89.82
89.81
0.01%
Nifty Finance
10468.15
260.55
2.55%
Nifty FMCG
26805.90
678.50
2.60%
Nifty IT
12603.35
91.80
0.73%
Nifty Media
3365.15
78.65
2.39%
Nifty Metal
3604.05
91.50
2.60%
Nifty Pharma
8772.40
414.35
4.96%
Nifty PSU Banks
3019.35
140.85
Nifty PVT Bank
14017.20 303.4
INDEX
Nifty Realty 2
CURRENCY PAIR
WEEKLY % CHANGE
COMMODITY MARKET UPDATE CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
1337.00
1327.30
0.73%
Gold MCX
30694
30552
0.46%
Crude Oil NYMEX
61.92
64.94
-4.65%
Crude Oil MCX
4029
4234
-4.84%
4.89%
Brent Oil NYMEX
67.04
70.27
-4.60%
329.30
2.40%
Copper MCX
438.25
433.40
1.12%
9.35
3.18%
Natural Gas NYMEX
2.699
2.733
-1.24%
COMMODITY Gold COMEX
Copyright © 2018 Ways2Capital. All rights reserved
09/04/2018
Market at a Glance WEEKLY GAINERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
TATA MOTORES
363.85
11.12%
487.00
LUPIN
809.80
9.97%
1465.00
1933.00
9.22%
1989.00
1342.00
8.48%
1439.40
378.30
6.67%
451.55
SCRIP
BAJAJ FINANCE INDIABULLS HOUSING ADANIPORTS
WEEKLY LOSERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
385.40
-3.38%
333.25
619.00
-3.02%
357.60
COAL INDIA
275.45
-2.84%
234.00
AXIS BANK
500.70
-1.71%
447.80
HCL TECH
953.40
-1.66%
796.50
SCRIP BHARTI AIRTEL TECH MAHINDRA
3
Copyright © 2018 Ways2Capital. All rights reserved
09/04/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
CURRENY
EVENT
FORECAST
PREVIOUS
0.20%
0.40%
-
0.60%
Monday, April 9, 2018 13:00
GBP
Halifax House Price Index (MoM) (Mar) Tuesday, April 10, 2018
4:31
GBP
BRC Retail Sales Monitor (YoY) (Mar)
18:00
USD
Core PPI (MoM) (Mar)
0.20%
0.20%
18:00
USD
PPI (MoM) (Mar)
0.10%
0.20%
Wednesday, April 11, 2018 7:00
CNY
CPI (YoY) (Mar)
2.60%
2.90%
7:00
CNY
PPI (YoY) (Mar)
3.20%
3.70%
14:00
GBP
Trade Balance (Feb)
-11.90B
-12.33B
18:00
USD
CPI (MoM) (Mar)
0.10%
0.20%
20:00
USD
Crude Oil Inventories
0.246M
-4.617M
23:30
USD
Federal Budget Balance (Mar)
-186.0B
-215.0B
23:30
USD
FOMC Meeting Minutes
-
-
Thursday, April 12, 2018 16:50
USD
OPEC Monthly Report
17:30
INR
CPI (YoY) (Mar)
4.30%
4.44%
18:00
USD
Export Price Index (MoM) (Mar)
0.20%
0.20%
18:00
USD
Import Price Index (MoM) (Mar)
0.20%
0.40%
18:00
USD
Initial Jobless Claims
230K
242K
19:30
USD
JOLTs Job Openings (Feb)
5.890M
6.312M
Friday, April 13, 2018
4
Copyright © 2018 Ways2Capital. All rights reserved
09/04/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
ADANIPORTS
456.35
428.75
401.15
391.10
373.53
363.45
345.90
318.30
290.70
ASIANPAINT
1277.00
1230.80
1184.60
1165.30
1138.40
1119.10
1092.20
1046.00
999.80
AXISBANK
553.95
535.70
517.45
508.10
499.17
489.80
480.90
462.65
444.40
BAJAJ-AUTO
3036.60
2952.95
2869.30
2825.05
2785.63
2741.35
2701.95
2618.30
2534.65
BAJAJFINSV
6679.80
6237.00
5794.20
5631.60
5351.37
5188.75
4908.55
4465.75
4022.95
BAJFINANCE
2407.35
2232.85
2058.35
1998.70
1883.83
1824.15
1709.30
1534.80
1360.30
BHARTIARTL
455.75
434.05
412.35
398.15
390.62
376.40
368.90
347.20
325.50
BPCL
491.60
470.20
448.80
441.00
427.40
419.60
406.00
384.60
363.20
CIPLA
660.70
627.65
594.60
577.20
561.55
544.15
528.50
495.45
462.35
COALINDIA
308.15
297.85
287.55
281.30
277.25
271.00
266.95
256.65
246.35
DRREDDY
2327.00
2257.10
2187.20
2154.60
2117.27
2084.65
2047.35
1977.45
1907.55
EICHERMOT
35456.85
33356.90
31256.95
30514.00
29156.98
28414.00
27057.00
24957.05
22857.10
GAIL
386.55
368.05
349.55
341.60
331.03
323.05
312.50
294.00
275.50
GRASIM
1250.00
1192.50
1135.00
1110.00
1077.50
1052.50
1020.00
962.50
905.00
HCLTECH
1082.20
1042.70
1003.20
977.90
963.68
938.35
924.15
884.65
845.15
HDFC
2011.20
1949.05
1886.90
1857.45
1824.72
1795.25
1762.55
1700.40
1638.25 Continued .......
5
Copyright © 2018 Ways2Capital. All rights reserved
09/04/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2083.35
2026.05
1968.75
1944.45
1911.43
1887.10
1854.10
1796.80
1739.50
HEROMOTOCO
4541.30
4257.50
3973.70
3867.60
3689.90
3583.80
3406.10
3122.30
2838.50
HINDALCO
260.35
243.55
226.75
219.90
209.93
203.05
193.10
176.30
159.50
HINDPETRO
403.90
385.95
368.00
361.05
350.05
343.10
332.10
314.15
296.20
HINDUNILVR
1564.35
1495.55
1426.75
1400.90
1357.93
1332.05
1289.10
1220.30
1151.50
IBULHSGFIN
1701.65
1570.85
1440.05
1394.25
1309.22
1263.40
1178.40
1047.60
916.80
ICICIBANK
346.35
322.20
298.05
289.00
273.90
264.85
249.75
225.60
201.45
INDUSINDBK
1981.65
1927.55
1873.45
1851.20
1819.35
1797.10
1765.25
1711.15
1657.05
INFRATEL
380.00
365.85
351.70
344.85
337.55
330.70
323.40
309.25
295.10
INFY
1226.85
1195.55
1164.25
1145.90
1132.95
1114.60
1101.65
1070.35
1039.05
IOC
200.55
191.75
182.95
178.60
174.13
169.75
165.30
156.50
147.70
ITC
279.15
272.60
266.05
263.55
259.48
256.95
252.90
246.35
239.80
KOTAKBANK
1316.70
1242.75
1168.80
1140.65
1094.85
1066.70
1020.90
946.95
873.00
LT
1463.75
1414.45
1365.15
1341.45
1315.82
1292.10
1266.50
1217.20
1167.90
LUPIN
1105.65
1002.85
900.05
854.50
797.25
751.70
694.45
591.65
488.85
M&M
913.80
864.25
814.70
793.10
765.13
743.50
715.55
666.00
616.45 Continued .......
6
Copyright © 2018 Ways2Capital. All rights reserved
09/04/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
MARUTI
9956.35
9679.60
9402.85
9298.95
9126.08
9022.15
8849.30
8572.55
8295.80
NTPC
188.20
181.80
175.40
172.50
168.98
166.05
162.55
156.15
149.75
ONGC
196.15
189.95
183.75
180.40
177.53
174.15
171.30
165.10
158.90
POWERGRID
217.25
210.25
203.25
199.60
196.25
192.60
189.25
182.25
175.25
RELIANCE
1005.00
971.75
938.50
925.25
905.23
891.95
871.95
838.70
805.45
SBIN
306.20
289.20
272.20
265.50
255.18
248.45
238.15
221.15
204.15
SUNPHARMA
565.55
546.30
527.05
519.55
507.80
500.30
488.55
469.30
450.05
TATAMOTORS
475.10
435.45
395.80
379.60
356.15
339.95
316.50
276.85
237.20
TATASTEEL
676.90
643.95
611.00
598.55
578.05
565.60
545.10
512.15
479.20
TCS
3285.75
3162.00
3038.25
2989.00
2914.48
2865.20
2790.70
2666.95
2543.20
TECHM
752.40
709.15
665.90
642.00
622.62
598.70
579.35
536.10
492.85
TITAN
1079.80
1030.10
980.40
959.40
930.70
909.70
881.00
831.30
781.60
ULTRACEMCO
4731.75
4481.35
4230.95
4088.50
3980.53
3838.05
3730.10
3479.70
3229.30
UPL
869.85
830.30
790.75
772.00
751.20
732.45
711.65
672.10
632.55
VEDL
343.50
323.25
303.00
293.95
282.72
273.65
262.45
242.20
221.95
WIPRO
320.55
308.55
296.55
290.30
284.55
278.30
272.55
260.55
248.55
YESBANK
361.60
345.20
328.80
321.20
312.40
304.80
296.00
279.60
263.20
ZEEL
639.55
619.85
600.15
591.70
580.45
572.00
560.75
541.05
521.35
7
Copyright © 2018 Ways2Capital. All rights reserved
09/04/2018
Open Interest & price Analysis LONG BUILD-UP
NIFTY OPTIONS OPEN INTEREST ANALYSIS
SHORT COVERING
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
CHANGE IN OI (In %)
PRICE CHANGE (In %)
RCOM
33.33%
11.87%
AMBUJACEM
-45.38%
2.90%
BERGEPAINT
23.28%
3.55%
NHPC
-32.03%
3.05%
SRTRANSFIN
17.80%
9.88%
REPCOHOME
-32.55%
10.04%
MRF
11.07%
6.41%
BAJAJFINSV
-41.47%
6.36%
BHARATFORG
9.80%
3.91%
-
-
-
SCRIP
LONG UNWINDING
SHORT BUILD-UP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
ADANIENT
-52.63%
-4.38%
-
COALINDIA
-25.36%
-2.22%
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
CHANGE IN OI (In %)
PRICE CHANGE (In %)
21.20%
-6.91%
-
-
-
SCRIP PCJEWELLER
8
SCRIP
Copyright © 2018 Ways2Capital. All rights reserved
Analysis : As per the analysis of above chart. Major Resistance Level: 10500. Major Support Levels:- 10000.
09/04/2018
Nifty Analysis NIFTY WEEKLY PIVOTS
Fundamental Outlook Last week, index started on cheerful note after an extended weekend and traded with positive note for first couple
PARTICULAR
LEVEL
R4
11048.30
R3
10793.30
R2
10538.30
R1
10445.60
PP
10283.30
S1
10190.60
S2
10028.30
S3
9773.30
S4
9518.30
of days. However it showed a complete contrasting view on Wednesday due to some developments over the global trade war, resulting pull back in all the major world indices including Dow and HANG SENG futures. In the latter half of the week, market again lifted higher on the back of a smart recovery in US market. On the Economic front, RBI policy was on expected lines as RBI has maintained status quo in current monetary policy statement in hope of soon cut in policy rate and given a further boost to demand and investments. The RBI's macro numbers like inflation, GDP forecasts, Monsoon and Crude Oil prices were among the major Economic events in last week. FII DII activity was again remained baffling for the investors as buying were seen from DII in whole week while FII remain bearish in their approach. Nifty P/E ratio was in the range of 25.14 to 25.64 for the past week
Technical Outlook Last week Nifty Future recovered and reclaimed its 10300 mark with addition of fresh buying and short covering. On Nifty options front, maximum open interest concentration for April series is placed at 10500 call and 10000 put options. On daily charts Nifty has showed a fresh buying as it has crosses its major resistance levels of 10300 and gave closing above these levels. 9
Continued ‌.... Copyright Š 2018 Ways2Capital. All rights reserved
09/04/2018
Nifty Analysis Short term moving averages is also supporting to the bulls as index has managed to surpass its initial hurdle of 20
WEEKLY STRATEGY
EMA or 10250 levels on daily chart. We are expecting market may soon rally towards 10450-10500 levels. On the downside, 10280 followed by 10225 would be seen as immediate support levels.
PERTICULAR Action Entry Price
DETAILS BUY Above 10380
Target
10500
Stop Loss
10298
TECHNICAL INDICATOR ANALYSIS INDICATOR
CURRENT TREND
20 Days EMA
POSITIVE
50 Days EMA
NEGATIVE
200 Days EMA
POSITIVE
For this week, traders can adopt buy on lower level strategy in it and above the level of 10380, it can test the RSI
POSITIVE
level of Rs. 10500 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 10280.
MACD
POSITIVE
STOCHASTIC
POSITIVE Continued …....
10
Copyright © 2018 Ways2Capital. All rights reserved
09/04/2018
Bank Nifty Analysis Last week, Bank Nifty Futures started on positive note and traded with positive sentiments for first couple of days. On Wednesday, it witnessed a sharp fall due to of global events. The index resumed its up move post the RBI policy as it gained from strength to strength and formed an intraday high of 24974 in late trade. It gave closing on positive note as bulls were in firm control. We are expecting the index to move up side inch closer towards 25300-25600 levels.
WEEKLY STRATEGY PERTICULAR
DETAILS
Action
BUY
Entry Price
Above 25000
Target
25300
Stop Loss
24800
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
27240.05
R3
26381.80
R2
25523.55
R1
25214.85
PP
24665.30
S1
24356.60
For this week, traders can adopt buy on lower level strategy in it and above the level of 25000, it can test the
S2
23807.05
level of Rs. 25300 & 25600 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs.
S3
22948.80
24800.
S4
22090.55
11
Copyright Š 2018 Ways2Capital. All rights reserved
09/04/2018
DMART Cash ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Dmart is in overall long term bullish trend. Last week, stock started on positive note and traded with bullish movement throughout the week and gave closing on positive note after giving breakout of its major resistance levels if 1400. Its bullish trend is supported by important moving averages on daily chart coupled with candle pattern which shows good strength in buying. MACD Histogram is also placed at 9.21 giving further buying signals.
PERTICULAR ACTION
DETAILS BUY
ENTRY PRICE
Above 1425.00
TARGET
1489.00
STOP LOSS
1395.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 1425 it can test the level of Rs. 1489 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 1395. 12
Copyright Š 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
1683.00
R3
1585.35
R2
1487.70
R1
1453.75
PP
1390.05
S1
1356.10
S2
1292.40
S3
1194.75
S4
1097.10 09/04/2018
DBL Cash ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Last week, DBL started the week on positive note and showed good positive rally, however in remaining trading sessions, stock remained in consolidation phase. On daily chart it shows a good consolidation on higher levels and trading above its 21, 50 & 100 days moving averages. Stock has crossed its 52 week’s high and trad-
PERTICULAR ACTION
DETAILS BUY
ENTRY PRICE
Above 1208.00
ing above this levels .MACD Histogram is firmly placed at 30.45 and giving buying signals. TARGET
1256.00
STOP LOSS
1184.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 1208 it can test the level of Rs. 1256 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 1184.
13
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
1678.90
R3
1496.30
R2
1313.70
R1
1247.80
PP
1131.1
S1
1065.20
S2
948.50
S3
765.90
S4
583.30 09/04/2018
HAVELLS Futures ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Last week HAVELLS Apr Futures started the week on positive note and continued the same for the entire week. It made a high of 535.75 on the last day of the week and closed at 533.20 with the overall profit of 7.55% on weekly basis. Technically for this week, we can expect upside movement in it as the stock crosses its measure resistance levels of 530 and sustaining above the same.
PERTICULAR ACTION
DETAILS BUY
ENTRY PRICE
Above 540.00
TARGET
560.00
STOP LOSS
536.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
665.95
R3
616.80
R2
567.65
R1
550.40
PP
518.5
S1
501.25
For this week, if it breaks the level of 540.00 on the upside, then it can test the level of 560.00 during the week.
S2
469.35
One can make buy position in it by maintaining a SL of 536.
S3
420.20
S4
371.05
14
Copyright © 2018 Ways2Capital. All rights reserved
09/04/2018
BIOCON Futures ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Last week BIOCON Apr Futures started the week on positive note and consolidated for the entire week. It made a high of 613.45 on the last day of week and closed at 607.85 with the overall loss of 1.00% on weekly basis. Technically for this week, we can expect upside movement in it as the stock crosses its measure resis-
PERTICULAR ACTION
DETAILS BUY
ENTRY PRICE
Above 628.00
tance levels of 628 and sustaining above the same levels. TARGET
638.00
STOP LOSS
621.00
WEEKLY PIVOTS
For this week, if it breaks the level of 628.00 then it can test the level of 638.00 during the week. One can make buy position in it by maintaining a SL of 621.
15
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
675.30
R3
651.40
R2
627.50
R1
617.65
PP
603.6
S1
593.75
S2
579.70
S3
555.80
S4
531.90 09/04/2018
Disclaimer LEGAL DISCLAIMER (कानूनी अस्वीकयण)
:
This Document has been prepared by Ways2Capital (A Division of High Brow Market Research Investment Advisor Pvt Ltd). The information, analysis and estimates contained herein are based on Ways2Capital Equity/Commodities Research assessment and have been obtained from sources believed to be reliable. This document is meant for the use of the intended recipient only. मह दस्तावेज़ Ways2Capital (हाई ब्रो भाकेट अनस ं ान ननवेश सराहकाय प्राइवेट लरलभटे ड का एक बाग) द्वाया तैमाय ककमा गमा है | महां ऩय दी गई जानकायी, ववश्रेषण औय अनभ ं ान के भल ु ध ु ान Ways2Capital इक्ववटी / कभोडडटी अनस ु ध ू मांकन ऩय आधारयत हैं औय ववश्वसनीम स्रोतों से प्राप्त की गई है | मह दस्तावेज़ केवर इक्छित प्राप्तकताा के उऩमोग के लरए ही है |
This document, at best, represents Ways2Capital Equity/Commodities Research opinion and is meant for general information only. Ways2Capital Equity/Commodities Research, its directors, officers or employees shall not in any way to be responsible for the contents stated herein. Ways2Capital Equity/Commodities Research expressly disclaims any and all liabilities that may arise from information, errors or omissions in this connection. This document is not to be considered as an offer to sell or a solicitation to buy any securities or commodities. मह दस्तावेज़, सवोत्तभ रूऩ से, Ways2Capital इक्ववटी / कभोडडटीज अनुसंधान का प्रनतननधधत्व कयता है औय साभान्म जानकायी के लरए ही है | Ways2Capital इक्ववटी / कभोडडटीज अनुसंधान, इसके ननदे शकों, अधधकायी मा कभाचायी ककसी बी तयह से संफंधधत साभग्री के लरए क्जम्भेदाय नहीं है ।| Ways2Capital इक्ववटी / कभोडडटीज अनुसंधान ककसी बी औय सबी उत्तयदानमत्वों को स्ऩष्ट रूऩ से अस्वीकाय कयता है जो इस संफंध भें सूचना, त्रटु टमों मा चूक से ऩैदा हो सकता है | इस दस्तावेज को ककसी बी प्रनतबूनत मा वस्तु को खयीदने के लरए फेचने मा एक आग्रह के लरए प्रस्ताव के रूऩ भें नहीं भाना जा सकता है |
All information, levels & recommendations provided above are given on the basis of technical & fundamental research done by the panel of expert of Ways2Capital but we do not accept any liability for errors of opinion. People surfing through the website have right to opt the product services of their own choices. उऩयोवत सबी सच ं ान के आधाय ऩय दी गई हैं, रेककन हभ टदए गए सझ ू ना, स्तय औय सझ ु ाव, Ways2Capital के ववशेषऻ के ऩैनर द्वाया ककए गए तकनीकी औय भौलरक अनस ु ध ु ावों की त्रटु टमों के लरए कोई दानमत्व स्वीकाय नहीं कयते हैं | वेफसाइट के भाध्मभ से सकपिंग कयने वारे रोगों को अऩनी ऩसंद के उत्ऩाद सेवाओं को चन ु ने का अधधकाय है|
Any investment in Equity/commodity market bears risk, company will not be liable for any loss done on these recommendations. These levels do not necessarily indicate future price moment. Company holds the right to alter the information without any further notice. Any browsing through website means acceptance of disclaimer. इक्ववटी / कभोडडटी फाजाय भें कोई बी ननवेश जोखखभ के अधीन होता है , कंऩनी इन सुझावों ऩय ककए गए ककसी बी नुकसान के लरए उत्तयदामी नहीं होगी | मह स्तय बववष्म के कीभतों की गनत का संकेत नहीं दे ते है | वेफसाइट के भाध्मभ से ककसी बी ब्राउक्ज़ंग का अथा है अस्वीकयण की स्वीकृनत।
DISCLOSURE (प्रकटीकयण)
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High Brow Market Research Investment Advisor Pvt. Ltd. or its associates does not do business with companies covered in research report nor is associated in any manner with any issuer of products/ securities, this ensures that there is no actual or potential conflicts of interest. To ensure compliance with the regulatory body, we have resolved that the company and all its representatives will not make any trades in the market. हाई ब्रो भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड मा उसके सहमोगी कंऩननमां अनुसंधान रयऩोटा भें शालभर कंऩननमों के साथ कायोफाय नहीं कयती हैं औय न ही ककसी बी तयह के उत्ऩादों / प्रनतबूनतमों के जायीकताा के साथ जुडी हैं, जो मह सुननक्श्चत कयता है कक टहतों के लरए कोई वास्तववक मा संबाववत संघषा नहीं है | ननमाभक ननकाम के अनुऩारन को सुननक्श्चत कयने के लरए हभने मह तम ककमा है कक कंऩनी औय उसके कोई बी प्रनतननधध फाज़ाय भें ट्रे ड नहीं कयें गे।
Clients are advised to consider information provided in the report as opinion only & make investment decision of their own. Clients are also advised to read & understand terms & conditions of services published on website. No litigations have been filed against the company since the incorporation of the company by regulatory body.
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Copyright © 2018 Ways2Capital. All rights reserved
09/04/2018
Disclaimer ग्राहकों को मह सराह दी जाती है कक वे रयऩोटा भें दी गई जानकायी को केवर याम के रूऩ भें दे खें औय ननवेश के लरए स्वमं पैसरा कयें | ग्राहकों को वेफसाइट ऩय प्रकालशत सेवाओं के ननमभों औय शतों को ऩढ़ने औय सभझने की बी सराह दी जाती है | कंऩनी के ननगभन के फाद ननमाभक ननकाम द्वायाकंऩनी के खखराप कोई भुकदभा (माधचका) दामय नहीं ककमा गमा है ।
DISCLOSURE APPENDIX (प्रकटीकयण ऩरयलशष्ट ) : The reports are prepared by analysts who are employed by High Brow Market Research Investment Advisor Pvt. Ltd. All the views expressed in this re- port herein accurately reflects personal views about the subject company or companies & their securities and no part of compensation was, is or will be directly or indirectly related to the specific recommendations or views contained in this research report. रयऩोटा ववश्रेषकों द्वाया तैमाय की गमी है जो द्वाया हाई ब्रो भाकेट अनुसध ं ान ननवेश सराहकाय प्राइवेट लरलभटे ड द्वाया ननमुवत हैं | इस रयऩोटा भें व्मवत सबी ववचाय कंऩनी के फाये भें व्मक्वतगत ववचायों को दशााता है औय कंऩननमों औय उनकी प्रनतबूनतमां औय ऺनतऩूनता (भुआवजे) का कोई टहस्सा, मा इस शोध रयऩोटा भें ननटहत ववशेष सुझावों मा ववचायों से प्रत्मऺ मा अप्रत्मऺ रूऩ से संफंधधत नहीं होगा।
DISCLOSURE IN TERMS OF CONFLICT OF INTEREST (टहतों के संघषा के भाभरे भें प्रकटीकयण ): (a)
High Brow Market Research Pvt. Ltd. or his associate or his relative has no financial interest in the subject company and the nature of such financial interest;
(अ)
हाई ब्रो भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड मा उसके सहमोगी मा उनके ककसी बी तत्कार
(a)
High Brow Market Research Pvt. Ltd. or its associates or relatives, have no actual/beneficial ownership of one percent or more in the securities of the subject company,
(फ)
हाई ब्रो भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड मा उसके सहमोगी मा उनके ककसी बी तत्कार रयश्तेदाय की ववषम कंऩनी की प्रनतबूनतमों भें एक प्रनतशत मा उससे अधधक के वास्तववक / पामदे भंद स्वालभत्व नहीं हैं |
रयश्तेदाय की ववषम कंऩनी भें कोई ववत्तीम रुधच नहीं है औय न ही इस तयह की ववत्तीम टहत की प्रकृनत है |
(a)
High Brow Market Research Pvt. Ltd. or its associate has no other material conflict of interest at the time of publication of the research report or at the time of public appearance;
(स)
हाई ब्रो भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड मा उसके सहमोधगमों को अनुसंधान रयऩोटा के प्रकाशन के सभम मा सावाजननक रूऩ से उऩक्स्थत होने के सभम कोई अन्म बौनतक संघषा नहीं है |
DISCLOSURE IN TERMS OF COMPENSATION ( ऺनतऩनू ता के संदबा भें प्रकटीकयण): High Brow Market Research Investment Advisor Pvt. Ltd. policy prohibits its analysts, professionals reporting to analysts from owning securities of any company in the analyst's area of coverage. Analyst compensation: Analysts are salary based permanent employees of High Brow Market Research Pvt. Ltd. हाई ब्रो भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड की ऩॉलरसी अऩने ववश्रेषकों, ऩेशव े यों को ववश्रेषक के ऺेत्र भें ककसी बी कंऩनी की प्रनतबूनतमों के स्वाभी से ववश्रेषकों को रयऩोटा कयने से योकती है । ववश्रेषक ऺनतऩूनता : ववश्रेषक हाई ब्रो भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड के वेतन आधारयत स्थामी कभाचायी है |
DISCLOSURE IN TERMS OF PUBLIC APPEARANCE (सावाजननक प्रकटन के भाभरे भें प्रकटीकयण ) : (a)
High Brow Market Research Pvt. Ltd. or its associates have not received any compensation from the subject company in the past twelve months;
(अ)
हाई ब्रो भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड मा उसके सहमोगीमों ने
(b)
The subject company is not now or never a client during twelve months preceding the date of distribution of the research report.
वऩिरे 12 भहीनों भें ववषम कंऩनी से कोई भुआवजा प्राप्त नहीं ककमा है |
(ब)
अनुसंधान रयऩोटा के ववतयण की नतधथ से ऩूवा फायह भहीनों के दौयान ववषम कंऩनी अफ मा कबी बी ग्राहक नहीं यही है ।
(c )
High Brow Market Research Pvt. Ltd. or its associates has never served as an officer, director or employee of the subject company;
(स) हाई ब्रो भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड मा उसके सहमोगीमों ने
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ववषम कंऩनी के अधधकायी, ननदे शक मा कभाचायी के रूऩ भें कबी बी काभ
Copyright © 2018 Ways2Capital. All rights reserved
09/04/2018