HIGH BROW MARKET RESEARCH INVESTMENT ADVISOR PRIVATE LIMITED
PHONE: 0731-6626191 | MAIL: SUPPORT@WAYS2CAPITAL.COM | ADD : 515-516, SHAGUN ARCADE,VIJAY NAGAR, INDORE, MP, 452001
Market Wrap–Up MAJOR INDICES INDEX
CLOSING AS ON 07th DEC 18
CURRENCY MARKET UPDATE
WEEKLY CHANGES
WEEKLY % CHANGE
CURRENCY PAIR
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Nifty
10693.70
-183.05
-1.68%
USDINR
70.9025
69.8525
1.50%
Nifty 100
10894.10
-198.15
-1.79%
GBPINR
90.5650
89.2350
1.49%
Nifty 200
5625.25
-107.65
-1.88%
EURINR
80.7825
79.6475
1.43%
Nifty 500
8940.65
-168.50
-1.85%
JPYINR
63.0025
61.7175
2.08%
India VIX
18.59
-0.57
-2.97%
EURUSD
1.1410
1.1390
0.18%
Nifty Bank
26594.30
-268.65
-1.00%
GBPUSD
1.2785
1.2781
0.03%
Nifty Auto
8869.80
-400.40
-4.32%
Dollar Index
96.47
97.12
-0.67%
Nifty Finance
11316.45
-122.35
-1.07%
Nifty FMCG
29673.65
-452.60
-1.50%
Nifty IT
14662.90
24.85
0.17%
Nifty Media
2497.55
-52.30
-2.05%
Nifty Metal
3071.20
-92.55
Nifty Pharma
8682.60
Nifty PSU Banks Nifty PVT Bank Nifty Realty 2
COMMODITY MARKET UPDATE COMMODITY
PREVIOUS CLOSING
WEEKLY % CHANGE
1252.60
1227.80
2.02%
Gold MCX
31595
30186
4.67%
-2.93%
Crude Oil NYMEX
52.61
50.70
3.77%
-593.10
-6.39%
Crude Oil MCX
3849
3576
7.63%
2824.70
-90.50
-3.10%
Brent Oil NYMEX
59.19
59.19
0.00%
15041.70
-112.75
-0.74%
Copper MCX
438.45
426.70
2.75%
230.45
-1.55
-0.67%
Natural Gas NYMEX
4.488
4.637
-3.21%
Copyright © 2018 Ways2Capital. All rights reserved
Gold COMEX
CURRENT CLOSING
11/12/2018
Market at a Glance WEEKLY GAINERS SCRIP
CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
KOTAKBANK
1284.55
4.01%
1417.00
HINDUNILVR
1825.15
2.87%
1854.80
WIPRO
333.35
2.63%
341.25
ADANIPORTS
374.00
2.05%
552.35
INFY
681.00
1.64%
754.90
WEEKLY LOSERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
SUNPHARMA
409.95
-16.47%
397.05
M&M
720.00
-8.97%
689.70
GRASIM
804.00
-6.94%
756.00
TATAMOTORS
162.50
-5.61%
160.80
HCLTECH
961.90
-5.24%
862.20
SCRIP
3
Copyright © 2018 Ways2Capital. All rights reserved
11/12/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
CURRENY
EVENT
FORECAST
PREVIOUS
-
0.00%
0.10%
0.20%
Monday, December 10, 2018 15:00
GBP
GDP (MoM)
15:00
GBP
Manufacturing Production (MoM) (Oct)
15:00
GBP
Monthly GDP 3M/3M Change
-
0.60%
20:30
USD
JOLTs Job Openings (Oct)
-
7.009M
3.00%
3.00%
Tuesday, December 11, 2018 15:00
GBP
Average Earnings Index +Bonus (Oct)
15:00
GBP
Claimant Count Change (Nov)
19:00
USD
PPI (MoM) (Nov)
20.2K 0.10%
0.60%
Wednesday, December 12, 2018 Tentative
GBP
UK Parliament vote on Brexit deal
-
-
Tentative
USD
Fed Chair Powell Testifies
-
-
19:00
USD
Core CPI (MoM) (Nov)
0.20%
0.20%
21:00
USD
Crude Oil Inventories
-
-
Friday, December 14, 2018
4
7:30
CNY
Industrial Production (YoY) (Nov)
5.90%
5.90%
19:00
USD
Core Retail Sales (MoM) (Nov)
0.40%
0.70%
19:00
USD
Retail Sales (MoM) (Nov)
0.20%
0.80%
Copyright © 2018 Ways2Capital. All rights reserved
11/12/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
ADANIPORTS
424.10
406.80
389.50
381.75
372.17
364.40
354.85
337.55
320.25
ASIANPAINT
1538.10
1465.70
1393.30
1355.15
1320.87
1282.70
1248.45
1176.05
1103.65
AXISBANK
731.90
691.25
650.60
627.55
609.95
586.90
569.30
528.65
488.00
BAJAJ-AUTO
3042.90
2949.35
2855.80
2818.65
2762.25
2725.10
2668.70
2575.15
2481.60
BAJAJFINSV
7231.55
6773.10
6314.65
6080.85
5856.18
5622.35
5397.70
4939.25
4480.80
BAJFINANCE
2908.25
2767.35
2626.45
2556.40
2485.52
2415.45
2344.60
2203.70
2062.80
BHARTIARTL
382.80
358.25
333.70
319.35
309.15
294.80
284.60
260.05
235.50
BPCL
389.45
368.75
348.05
337.05
327.33
316.30
306.60
285.90
265.20
CIPLA
638.55
600.55
562.55
538.10
524.55
500.10
486.55
448.55
410.55
COALINDIA
295.00
277.50
260.00
248.45
242.47
230.90
224.95
207.45
189.95
DRREDDY
3047.05
2925.60
2804.15
2744.25
2682.70
2622.80
2561.25
2439.80
2318.35
EICHERMOT
28526.40
26591.80
24657.20
23481.80
22722.58
21547.15
20787.95
18853.35
16918.75
GAIL
428.95
399.95
370.95
353.10
341.95
324.10
312.95
283.95
254.95
GRASIM
1097.90
1007.45
917.00
860.50
826.52
770.00
736.05
645.60
555.15
HCLTECH
1380.45
1249.40
1118.35
1040.15
987.28
909.05
856.20
725.15
594.10
HDFC
2262.15
2162.85
2063.55
2010.75
1964.22
1911.40
1864.90
1765.60
1666.30 Continued .......
5
Copyright © 2018 Ways2Capital. All rights reserved
11/12/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
6
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2309.15
2243.10
2177.05
2146.05
2110.98
2079.95
2044.90
1978.85
1912.80
HEROMOTOCO
3328.70
3236.50
3144.30
3105.15
3052.10
3012.95
2959.90
2867.70
2775.50
HINDALCO
294.55
270.95
247.35
233.20
223.73
209.55
200.10
176.50
152.90
HINDPETRO
256.15
246.25
236.35
230.80
226.43
220.85
216.50
206.60
196.70
HINDUNILVR
2129.60
2022.85
1916.10
1870.65
1809.33
1763.85
1702.55
1595.80
1489.05
IBULHSGFIN
1078.90
968.40
857.90
787.30
747.38
676.75
636.85
526.35
415.85
ICICIBANK
398.50
382.75
367.00
359.15
351.25
343.40
335.50
319.75
304.00
INDUSINDBK
1980.25
1849.45
1718.65
1644.65
1587.85
1513.85
1457.05
1326.25
1195.45
INFRATEL
279.90
271.50
263.10
257.85
254.70
249.45
246.30
237.90
229.50
INFY
749.05
725.35
701.65
691.35
677.93
667.60
654.20
630.50
606.80
IOC
160.80
151.30
141.80
135.90
132.30
126.40
122.80
113.30
103.80
ITC
332.45
314.45
296.45
285.35
278.42
267.30
260.40
242.40
224.40
KOTAKBANK
399.30
368.50
337.70
319.60
306.88
288.75
276.05
245.25
214.45
LT
1791.65
1616.85
1442.05
1363.30
1267.22
1188.45
1092.40
917.60
742.80
LUPIN
1607.70
1539.80
1471.90
1435.95
1404.00
1368.05
1336.10
1268.20
1200.30
M&M
1025.35
931.05
836.75
778.40
742.43
684.05
648.10
553.80
459.50 Continued .......
Copyright © 2018 Ways2Capital. All rights reserved
11/12/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R1
PP
S1
S2
S3
S4
MARUTI
9291.70
8671.70
8051.70
7683.40
7431.70
7063.40
6811.70
6191.70
5571.70
NTPC
167.40
158.30
149.20
143.60
140.07
134.45
130.95
121.85
112.75
ONGC
172.00
161.95
151.90
145.65
141.85
135.60
131.80
121.75
111.70
POWERGRID
207.60
199.75
191.90
187.40
184.02
179.50
176.15
168.30
160.45
RELIANCE
1338.50
1271.95
1205.40
1169.30
1138.82
1102.70
1072.25
1005.70
939.15
SBIN
326.25
310.40
294.55
285.30
278.68
269.40
262.80
246.95
231.10
SUNPHARMA
615.00
551.80
488.60
449.30
425.38
386.05
362.15
298.95
235.75
TATAMOTORS
221.20
203.25
185.30
173.90
167.35
155.95
149.40
131.45
113.50
TATASTEEL
676.00
624.30
572.60
540.80
520.90
489.10
469.20
417.50
365.80
TCS
2149.15
2098.05
2046.95
2023.40
1995.85
1972.30
1944.75
1893.65
1842.55
TECHM
870.30
815.55
760.80
726.90
706.02
672.10
651.25
596.50
541.75
TITAN
1057.05
1010.20
963.35
939.70
916.48
892.80
869.60
822.75
775.90
ULTRACEMCO
4800.30
4519.00
4237.70
4088.85
3956.40
3807.55
3675.10
3393.80
3112.50
UPL
856.35
820.75
785.15
770.90
749.53
735.25
713.90
678.30
642.70
VEDL
245.55
229.65
213.75
204.65
197.82
188.70
181.90
166.00
150.10
WIPRO
387.15
368.95
350.75
342.05
332.55
323.85
314.35
296.15
277.95
YESBANK
231.65
211.20
190.75
178.60
170.28
158.10
149.80
129.35
108.90
ZEEL
589.70
553.10
516.50
497.00
479.87
460.35
443.25
406.65
370.05
7
R2
Copyright © 2018 Ways2Capital. All rights reserved
11/12/2018
Open Interest & Price Analysis LONG BUILD-UP CHANGE IN OI (In %)
PRICE CHANGE (In %)
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
MUTHOOTFIN
145.77%
2.78%
MGL
-12.92%
4.12%
PFC
24.60%
4.44%
PTC
-11.50%
2.88%
HINDUNILVR
19.12%
3.85%
-
-
-
RECLTD
12.93%
4.74%
-
-
-
-
-
-
-
-
SCRIP
-
SHORT BUILD-UP SCRIP
8
NIFTY OPTIONS OPEN INTEREST ANALYSIS
SHORT COVERING
CHANGE IN OI (In %)
LONG UNWINDING PRICE CHANGE (In %)
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
SUNPHARMA
58.49%
-16.32%
TORNTPOWER
-28.76%
-4.76%
DISHTV
54.16%
-12.26%
HEXAWARE
-16.01%
-2.47%
IGL
29.60%
-5.20%
ICICIPRULI
-13.15%
-3.47%
HCLTECH
21.15%
-5.28%
BHARATFIN
-13.07%
-3.06%
CHOLAFIN
20.73%
-6.44%
IRB
-12.07%
-3.39%
Copyright © 2018 Ways2Capital. All rights reserved
Analysis : As per the analysis of above chart. Major Resistance Level: 11000 Major Support Levels: 10200 followed 10000 11/12/2018
Nifty Analysis Fundamental Outlook
NIFTY WEEKLY PIVOTS
Last week our Indian Equity market opened on negative note and remained bearish throughout the week. The December series
PARTICULAR
LEVEL
R4
11860.50
R3
11498.20
R2
11135.90
R1
10935.50
PP
10773.60
S1
10573.20
S2
10411.30
S3
10049.00
S4
9686.70
kick-started on a volatile note with Nifty making swing high of 10,974 and a swing low of 10,611 to end the week with a loss of 1.4 percent. The IT sector outperformed while huge selling was seen in the pharma sector (mainly Sun Pharma), auto, metals, and energy with a price cut of 2.5 to 6 percent. Private sector banks saw some buying coming in the last trading session. The Nifty rebounded for the first time in last four consecutive sessions and settled the trade near 10,700 levels on Friday, tracking recovery in global peers. But traders remained cautious ahead of actual results of five state elections which is due on 11 Dec 2018. Along with global events and macro factors, from last one month or so, all eyes have been on one key event which is state elections results, the widely considered as semi-final before general elections 2019. In five states, Madhya Pradesh, Rajasthan and Chhattisgarh are key ones for both national parties BJP and Congress ahead of Lok Sabha elections. A neck-andneck contest between ruling BJP and the main opposition party Congress could spell trouble for markets.
Technical Outlook
Last week nifty index started on negative note on Monday and remained bearish throughout the week except Friday's trading session where index showed some positive movement. The market snapped a three-day losing streak amid volatility on December 7, with the Nifty closing near 10,700 levels amid caution ahead of the assembly elections results of five states scheduled to be announced on December 11. The Nifty closed 200 points lower at 10,693.70 with loss of 1.7 percent on weekly basis.
Continued ‌.... 9
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11/12/2018
Nifty Analysis The index formed a bullish candle which resembles an 'Inside Bar' kind of pattern on the daily charts and bearish candle on
WEEKLY STRATEGY
the weekly chart. Nifty registered a decisive break down below its 200-day moving average with a gap down on Thursday. Index shall remain under pressure unless it closes above 10,748 levels and weakness shall get extended on breach of 10,588
PARTICULAR
levels. On the option front, maximum Put OI is seen at 10,000, followed by 10,200 strikes. Maximum Call OI is seen at
ACTION
DETAILS SELL
11,000 strikes. ENTRY PRICE
ABOVE 10490
TARGET
10390
STOP LOSS
10580
TECHNICAL INDICATOR ANALYSIS INDICATOR
For this week, traders can adopt sell on higher level strategy in it and below the level of 10,490. It can test the level of Rs. 10,390 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 10,580.
CURRENT TREND
20 Days EMA
NEGATIVE
50 Days EMA
NEGATIVE
200 Days EMA
NEGATIVE
RSI
NEGATIVE
MACD
NEGATIVE
STOCHASTIC
NEGATIVE …....
10
Copyright © 2018 Ways2Capital. All rights reserved
11/12/2018
Bank Nifty Analysis Technical Outlook
WEEKLY STRATEGY
The Nifty Bank index started the last week on negative note on Monday and extended its negative run in most of the trading session in the week but on Friday's Session Bank Nifty erased previous day's losses and witnessed buying interest for the
PARTICULAR ACTION
DETAILS BUY
most part of the trading session. It has also negated its formation of lower highs-lower lows and rallied more than 400 points intraday. The Bank Nifty ended the week at 26,660 with overall loss of 1.11% . The index has formed a 'Bullish Belt
ENTRY PRICE
ABOVE 27050
Hold' on daily scale while Hanging man candlestick pattern on weekly chart . Now if it traded below 26,180 than further
TARGET
27650
down side movement can be seen in it while upside resistance is placed at 26,455 and 26,660.
STOP LOSS
26750
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
29147.40
R3
28316.00
R2
27484.60
R1
27072.30
PP
26653.20
S1
26240.90
S2
25821.80
S3
24990.40
S4
24159.00
For this week, traders can adopt sell on higher level strategy in it and below the level of 26,180. It can test the level of Rs. 25,800 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 26,501. 11
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11/12/2018
KSCL Cash ( Call of the Week ) Technical Outlook Overall trend of the Stock is sideways for long term . For short term stock is in consolidation phase. Last week, it started on positive note and traded with sideways movement throughout the week. On daily chart stock has showed good buying from lower levels. It has gave breakout of its trend line on daily chart. If it manages to trade above the levels of 530 than
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
further upside move can be seen in it.
DETAILS BUY ABOVE 530
TARGET
548.00
STOP LOSS
517.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 530 it can test the level of Rs. 548 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 517.
12
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
664.50
R3
615.65
R2
566.80
R1
540.35
PP
517.95
S1
491.50
S2
469.10
S3
420.25
S4
371.40 11/12/2018
TVS MOTOR CASH ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Overall trend of the Stock is bullish for long term . For short term stock is in consolidation phase. Last week stock started on negative note and showed good buying from lower levels throughout the week. On daily chart it is consolidation on
PARTICULAR ACTION
DETAILS BUY
lower levels . If it manages to trade above 555 levels than further upside move can be seen in it. In intraday it showed a ENTRY PRICE
good positive move.
ABOVE 555
TARGET
569.00
STOP LOSS
543.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 555 it can test the level of Rs. 569 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 543.
13
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
628.85
R3
600.10
R2
571.35
R1
556.45
PP
542.6
S1
527.70
S2
513.85
S3
485.10
S4
456.35 11/12/2018
IBULHSGFIN FUTURES( Call of the Week ) Technical Outlook Last week, IBULHSGFIN Dec Futures started the week on positive note but till the end of the week, all of its earlier gains were erased and it closed at 720.40 with the overall loss of 0.40% on weekly basis. Technically it’s near the 52 week low and made Symmetrical Triangle Pattern from the oversold zone and for this week; we can expect downside movement in
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
it.
DETAILS SELL BELOW 680
TARGET
660.20
STOP LOSS
692.50
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
1074.00
R3
966.30
R2
858.60
R1
789.50
PP
750.90
S1
681.80
S2
643.20
For this week, traders can adopt selling from trend line breakout strategy in it and below the level of 680 it can test the
S3
535.50
level of 660.20 during the week. Trades can make sell position in it by maintaining a Stop Loss of 692.50
S4
427.80
14
Copyright © 2018 Ways2Capital. All rights reserved
11/12/2018
TATAELEXI FUTURES ( Call of the Week ) Technical Outlook Last week, TATAELXSI Dec Futures started the week on positive note but in last two days of the week, all the gain were erased and it closed at 1011.75 with the overall loss of 1.40% on weekly basis. Technically it’s consolidating from last one month and trading below the 200 moving average and for this week, we can expect downside movement in it.
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
DETAILS SELL ABOVE 980
TARGET
953.20
STOP LOSS
1000.20
WEEKLY PIVOTS
For this week, traders can adopt selling on the basis of consolidation breakout strategy in it and below the level of 980 it can test the level of 953.20 during the week. Trades can make sell position in it by maintaining a Stop Loss of 1000.20
15
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
1199.40
R3
1140.35
R2
1081.30
R1
1046.55
PP
1022.25
S1
987.50
S2
963.20
S3
904.15
S4
845.10 11/12/2018
Disclaimer LEGAL DISCLAIMER ( कानूनी अस्वीकरण) : 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. यह दस्तावेज़ Ways2Capital (हाई ब्रो माके ट अनुसध ं ान ननवेश सलाहकार प्राइवेट नलनमटेड का एक भाग) द्वारा तैयार ककया गया है | यहां पर दी गई जानकारी, नवश्लेषण और अनुमान Ways2Capital इकिटी / कमोनडटी अनुसध ं ान के मूलयांकन पर आधाररत हैं और नवश्वसनीय स्रोतों से प्राप्त की गई है | यह दस्तावेज़ के वल इनछित प्राप्तकताा के उपयोग के नलए 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. यह दस्तावेज़, सवोत्तम रूप से, Ways2Capital इकिटी / कमोनडटीज अनुसंधान का प्रनतनननधत्व करता है और सामान्य जानकारी के नलए ही है | Ways2Capital इकिटी / कमोनडटीज अनुसंधान, इसके ननदेशकों, अनधकारी या कमाचारी ककसी भी तरह से संबंनधत सामग्री के नलए नजम्मेदार नहीं है। |
Ways2Capital इकिटी / कमोनडटीज अनुसंधान ककसी भी और सभी उत्तरदानयत्वों को स्पष्ट रूप से अस्वीकार करता है जो इस संबंध में सूचना, त्रुरटयों या चूक से पैदा हो सकता है| इस दस्तावेज को ककसी भी प्रनतभूनत या वस्तु को खरीदने के नलए बेचने या एक आग्रह के नलए प्रस्ताव के रूप में नहीं माना 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. उपरोक्त सभी सूचना, स्तर और सुझाव, Ways2Capital के नवशेषज्ञ के पैनल द्वारा ककए गए तकनीकी और मौनलक अनुसध ं ान के आधार पर दी गई हैं, लेककन हम कदए गए सुझावों की त्रुरटयों के नलए कोई दानयत्व स्वीकार नहीं करते हैं | वेबसाइट के माध्यम से सर्फिंग करने वाले लोगों को अपनी पसंद के उत्पाद सेवाओं को चुनने का अनधकार 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. इकिटी / कमोनडटी बाजार में कोई भी ननवेश जोनखम के अधीन होता है, कं पनी इन सुझावों पर ककए गए ककसी भी नुकसान के नलए उत्तरदायी नहीं होगी | यह स्तर भनवष्य के कीमतों की गनत का संकेत नहीं देते है| वेबसाइट के माध्यम से ककसी भी ब्राउजज़ग का अथा है अस्वीकरण की स्वीकृ नत।
DISCLOSURE ( प्रकटीकरण)
:
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 माके ट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगी कं पननयां अनुसंधान ररपोटा में शानमल कं पननयों के साथ कारोबार नहीं करती हैं और न ही ककसी भी तरह के उत्पादों / प्रनतभूनतयों के जारीकताा के साथ जुडी हैं, जो यह सुनननित करता है कक नहतों के नलए कोई वास्तनवक या संभानवत संघषा नहीं है | ननयामक ननकाय के अनुपालन को सुनननित करने के नलए हमने यह तय ककया है कक कं पनी और उसके कोई भी प्रनतनननध बाज़ार में ट्रेड नहीं करेंगे।
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
11/12/2018
Disclaimer ग्राहकों को यह सलाह दी जाती है कक वे ररपोटा में दी गई जानकारी को के वल राय के रूप में देखें और ननवेश के नलए स्वयं िंै सला करें | ग्राहकों को वेबसाइट पर प्रकानशत सेवाओं के ननयमों और शतों को पढ़ने और समझने की भी सलाह दी जाती है | कं पनी के ननगमन के बाद ननयामक ननकाय द्वाराकं पनी के नखलािं कोई मुकदमा (यानचका) दायर नहीं ककया गया है।
DISCLOSURE APPENDIX ( प्रकटीकरण पररनशष्ट ) : 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. ररपोटा नवश्लेषकों द्वारा तैयार की गयी है जो द्वारा हाई ब्रो माके ट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड द्वारा ननयुक्त हैं | इस ररपोटा में व्यक्त सभी नवचार कं पनी के बारे में व्यनक्तगत नवचारों को दशााता है और कं पननयों और उनकी प्रनतभूनतयां और क्षनतपू र्तत (मुआवजे) का कोई नहस्सा, या इस शोध ररपोटा में नननहत नवशेष सुझावों या नवचारों से प्रत्यक्ष या अप्रत्यक्ष रूप से संबंनधत नहीं होगा।
DISCLOSURE IN TERMS OF CONFLICT OF INTEREST (नहतों के संघषा के मामले में प्रकटीकरण ): (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 माके ट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगी या उनके ककसी भी तत्काल ररश्तेदार की नवषय कं पनी में कोई नवत्तीय रुनच नहीं है और न ही इस तरह की नवत्तीय नहत की प्रकृ नत है| (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,
( ब) हाई ब्रो माके ट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगी या उनके ककसी भी तत्काल ररश्तेदार की नवषय कं पनी की प्रनतभूनतयों में एक प्रनतशत या उससे अनधक के वास्तनवक / िंायदेमदं स्वानमत्व नहीं हैं |
(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 माके ट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोनगयों को अनुसंधान ररपोटा के प्रकाशन के समय या सावाजननक रूप से उपनस्थत होने के समय कोई अन्य भौनतक संघषा नहीं है|
DISCLOSURE IN TERMS OF COMPENSATION ( क्षनतपूर्तत के संदभा में प्रकटीकरण): 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 माके ट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड की पॉनलसी अपने नवश्लेषकों, पेशेवरों को नवश्लेषक के क्षेत्र में ककसी भी कं पनी की प्रनतभूनतयों के स्वामी से नवश्लेषकों को ररपोटा करने से रोकती है। नवश्लेषक क्षनतपूर्तत : नवश्लेषक हाई ब्रो माके ट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड के वेतन आधाररत स्थायी कमाचारी है |
DISCLOSURE IN TERMS OF PUBLIC APPEARANCE (सावाजननक प्रकटन के मामले में प्रकटीकरण ) : (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 माके ट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगीयों ने नपिले 12 महीनों में नवषय कं पनी से कोई मुआवजा प्राप्त नहीं ककया है |
(b)
The subject company is not now or never a client during twelve months preceding the date of distribution of the research report.
(ब) अनुसंधान ररपोटा के नवतरण की नतनथ से पूवा बारह महीनों के दौरान नवषय कं पनी अब या कभी भी ग्राहक नहीं रही 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 माके ट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटे ड या उसके सहयोगीयों ने नवषय कं पनी के अनधकारी, ननदेशक या कमाचारी के रूप में कभी भी काम
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Copyright © 2018 Ways2Capital. All rights reserved
11/12/2018