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 11th MARCH 19
CURRENCY MARKET UPDATE
WEEKLY CHANGES
WEEKLY % CHANGE
CURRENCY PAIR
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Nifty
11035.40
254.85
2.36%
USDINR
70.2600
71.1275
-1.22%
Nifty 100
11225.00
256.70
2.34%
GBPINR
92.0250
94.2975
-2.41%
Nifty 200
5788.80
131.20
2.32%
EURINR
78.9625
81.0800
-2.61%
Nifty 500
9211.05
216.70
2.41%
JPYINR
63.3150
63.7150
-0.63%
India VIX
14.94
-2.75
-15.55%
EURUSD
1.1240
1.1377
-1.20%
Nifty Bank
27761.80
646.50
2.38%
GBPUSD
1.3017
1.3210
-1.46%
Nifty Auto
8582.60
322.80
3.91%
Dollar Index
97.27
96.38
0.92%
Nifty Finance
11619.60
136.00
1.18%
Nifty FMCG
29945.75
7.70
0.03%
Nifty IT
15408.70
369.45
2.46%
Nifty Media
2461.25
479.65
24.21%
Nifty Metal
2947.95
90.40
3.16%
Nifty Pharma
9021.85
130.85
Nifty PSU Banks
2937.30
Nifty PVT Bank Nifty Realty 2
COMMODITY MARKET UPDATE COMMODITY
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Gold COMEX
1299.30
1299.20
0.01%
Gold MCX
32167
32640
-1.45%
Crude Oil NYMEX
56.07
55.80
0.48%
1.47%
Crude Oil MCX
3886
3973
-2.19%
-13.35
-0.45%
Brent Oil NYMEX
65.74
65.07
1.03%
15845.40
460.60
2.99%
Copper MCX
450.15
462.65
-2.70%
236.50
6.45
2.80%
Natural Gas NYMEX
2.865
2.859
0.21%
Copyright © 2018 Ways2Capital. All rights reserved
11/03/2019
Market at a Glance WEEKLY GAINERS SCRIP
CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
EICHERMOT 21871.05
9.64%
32236.70
HINDPETRO
249.85
7.37%
385.50
NTPC
152.20
6.43%
180.00
BPCL
367.35
6.16%
468.40
ITC
292.00
4.96%
322.95
WEEKLY LOSERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
WIPRO
257.70
-31.41%
253.50
ZEEL
455.10
-6.43%
288.30
HCLTECH
1009.05
-4.14%
880.05
INFY
712.35
-3.98%
599.85
TECHM
811.35
-2.46%
603.00
SCRIP
3
Copyright © 2018 Ways2Capital. All rights reserved
11/03/2019
Economic Calendar ECONOMIC EVENTS CALENDER TIME
4
CURRENY
4:30 18:00 18:00
USD USD USD
4:30 15:00 15:00 15:00 18:00 Tentative
USD GBP GBP GBP USD GBP
Tentative Tentative 18:00 18:00 18:00 20:00
GBP GBP GBP USD USD USD
7:30 19:30
CNY USD
19:30
USD
EVENT Monday, March 11, 2019 Fed Chair Powell Speaks Core Retail Sales (MoM) (Jan) Retail Sales (MoM) (Jan) Tuesday, March 12, 2019 Fed Chair Powell Speaks GDP (MoM) Manufacturing Production (MoM) (Jan) Monthly GDP 3M/3M Change Core CPI (MoM) (Feb) UK Parliament vote on Brexit deal Wednesday, March 13, 2019 UK Parliament vote on No Brexit Deal Annual Budget Release Spring Forecast Statement Core Durable Goods Orders (MoM) (Jan) PPI (MoM) (Feb) Crude Oil Inventories Thursday, March 14, 2019 Industrial Production (YoY) (Jan) New Home Sales (Jan) Friday, March 15, 2019 JOLTs Job Openings (Jan) Copyright © 2018 Ways2Capital. All rights reserved
FORECAST
PREVIOUS
0.40% 0.00%
-1.80% -1.20%
0.20% 0.20% 0.20% -
-0.40% -0.70% 0.40% 0.20% -
0.10% 0.20% 1.203M
0.10% -0.10% 7.069M
5.50% 622K
5.70% 621K
7.220M
7.335M 11/03/2019
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
ADANIPORTS
396.75
378.05
359.35
350.75
340.62
332.00
321.90
303.20
284.50
ASIANPAINT
1480.80
1450.80
1420.80
1401.60
1390.78
1371.55
1360.75
1330.75
1300.75
AXISBANK
840.80
802.05
763.30
748.35
724.52
709.55
685.75
647.00
608.25
BAJAJ-AUTO
3361.10
3211.30
3061.50
3008.60
2911.70
2858.80
2761.90
2612.10
2462.30
BAJAJFINSV
7405.00
7122.40
6839.80
6728.40
6557.18
6445.75
6274.55
5991.95
5709.35
BAJFINANCE
3144.85
3007.15
2869.45
2818.90
2731.73
2681.15
2594.00
2456.30
2318.60
BHARTIARTL
337.50
327.85
318.20
313.45
308.52
303.75
298.85
289.20
279.55
BPCL
457.75
426.25
394.75
381.05
363.25
349.55
331.75
300.25
268.75
CIPLA
584.65
570.90
557.15
548.55
543.40
534.80
529.65
515.90
502.15
COALINDIA
286.70
270.10
253.50
244.20
236.90
227.60
220.30
203.70
187.10
DRREDDY
3012.45
2891.15
2769.85
2692.45
2648.52
2571.10
2527.20
2405.90
2284.60
EICHERMOT
29415.20
26641.75
23868.30
22869.70
21094.83
20096.20
18321.35
15547.90
12774.45
GAIL
376.55
366.80
357.05
353.35
347.30
343.60
337.55
327.80
318.05
GRASIM
911.65
876.75
841.85
824.45
806.95
789.55
772.05
737.15
702.25
HCLTECH
1193.70
1137.70
1081.70
1045.40
1025.68
989.35
969.65
913.65
857.65
HDFC
2031.90
1978.45
1925.00
1904.55
1871.53
1851.05
1818.05
1764.60
1711.15 Continued .......
5
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11/03/2019
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2289.40
2229.40
2169.40
2148.80
2109.40
2088.80
2049.40
1989.40
1929.40
HEROMOTOCO
3248.00
3078.05
2908.10
2824.25
2738.13
2654.25
2568.15
2398.20
2228.25
HINDALCO
228.75
218.40
208.05
201.80
197.70
191.45
187.35
177.00
166.65
HINDPETRO
317.55
293.55
269.55
259.70
245.52
235.65
221.50
197.50
173.50
HINDUNILVR
1846.30
1801.60
1756.90
1729.25
1712.17
1684.50
1667.45
1622.75
1578.05
IBULHSGFIN
1018.50
915.95
813.40
757.70
710.82
655.10
608.25
505.70
403.15
ICICIBANK
429.40
408.20
387.00
378.80
365.80
357.60
344.60
323.40
302.20
INDUSINDBK
1641.50
1602.45
1563.40
1540.70
1524.32
1501.60
1485.25
1446.20
1407.15
INFRATEL
357.60
339.20
320.80
313.15
302.37
294.70
283.95
265.55
247.15
INFY
817.40
785.55
753.70
733.05
721.83
701.15
689.95
658.10
626.25
IOC
187.90
175.35
162.80
155.75
150.22
143.15
137.65
125.10
112.55
ITC
337.90
320.95
304.00
298.00
287.02
281.00
270.05
253.10
236.15
JSWSTEEL
323.50
311.50
299.50
292.95
287.47
280.90
275.45
263.45
251.45
KOTAKBANK
1322.20
1293.00
1263.80
1251.35
1234.57
1222.10
1205.35
1176.15
1146.95
LT
1584.35
1498.40
1412.45
1375.95
1326.48
1289.95
1240.50
1154.55
1068.60
M&M
776.95
739.30
701.65
685.90
663.97
648.20
626.30
588.65
551.00 Continued .......
6
Copyright © 2018 Ways2Capital. All rights reserved
11/03/2019
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
MARUTI
7797.90
7534.20
7270.50
NTPC
185.40
173.60
ONGC
181.50
POWERGRID
PP
S1
S2
S3
S4
7119.10
7006.77
6855.35
6743.05
6479.35
6215.65
161.80
157.00
150.00
145.20
138.20
126.40
114.60
171.50
161.50
155.95
151.47
145.90
141.45
131.45
121.45
209.50
201.70
193.90
190.45
186.07
182.60
178.25
170.45
162.65
RELIANCE
1438.80
1377.60
1316.40
1291.75
1255.17
1230.50
1193.95
1132.75
1071.55
SBIN
318.05
305.00
291.95
286.60
278.88
273.50
265.80
252.75
239.70
SUNPHARMA
528.55
504.55
480.55
467.75
456.55
443.75
432.55
408.55
384.55
TATAMOTORS
241.60
223.25
204.90
193.05
186.52
174.65
168.15
149.80
131.45
TATASTEEL
573.25
553.10
532.95
520.40
512.80
500.25
492.65
472.50
452.35
TCS
2180.00
2123.60
2067.20
2044.95
2010.77
1988.50
1954.35
1897.95
1841.55
TECHM
895.85
868.75
841.65
826.50
814.55
799.40
787.45
760.35
733.25
TITAN
1204.55
1151.75
1098.95
1076.10
1046.13
1023.25
993.30
940.50
887.70
ULTRACEMCO
4403.90
4253.95
4104.00
4038.00
3954.02
3888.00
3804.05
3654.10
3504.15
UPL
941.15
919.70
898.25
890.00
876.77
868.50
855.30
833.85
812.40
VEDL
200.80
192.05
183.30
177.85
174.53
169.05
165.75
157.00
148.25
WIPRO
650.60
532.50
414.40
336.05
296.30
217.95
178.20
60.10
-
YESBANK
270.20
258.10
246.00
239.15
233.90
227.05
221.80
209.70
197.60
ZEEL
572.20
536.35
500.50
477.80
464.62
441.90
428.75
392.90
357.05
7
R1
Copyright © 2018 Ways2Capital. All rights reserved
11/03/2019
Open Interest & Price Analysis LONG BUILD-UP CHANGE IN OI (In %)
PRICE CHANGE (In %)
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
RBLBANK
58.93%
6.70%
ACC
-17.68%
7.50%
REPCOHOME
48.41%
26.26%
NATIONALUM
-14.47%
4.65%
ICICIPRULI
44.91%
4.07%
L&TFH
-12.06%
10.43%
JETAIRWAYS
43.23%
4.27%
NMDC
-11.37%
4.87%
IDEA
37.05%
9.06%
GODREJCP
-10.37%
4.12%
SCRIP
SHORT BUILD-UP
LONG UNWINDING
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
OIL
60.75%
-3.28%
RPOWER
BSOFT
52.87%
-3.41%
WIPRO
51.86%
APOLLOTYRE NESTLEIND 8
NIFTY OPTIONS OPEN INTEREST ANALYSIS
SHORT COVERING
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
-12.42%
-2.81%
-
-
-
-30.47%
-
-
-
44.23%
-3.64%
-
-
-
29.45%
-3.47%
-
-
-
Copyright © 2018 Ways2Capital. All rights reserved
Analysis : As per the analysis of above chart. Major Resistance Level: 11500 Major Support Levels: 11000 Followed by 10800
11/03/2019
Nifty Analysis Fundamental Outlook
NIFTY WEEKLY PIVOTS
The Indian Equity market remained remained positive throughout last week as the indices posted a gain of 1.6 percent each
PARTICULAR
LEVEL
R4
11876.20
R3
11589.55
R2
11302.90
R1
11189.45
PP
11016.25
S1
10902.80
S2
10729.60
S3
10442.95
S4
10156.30
largely supported by metal, auto, energy and infra stocks. The Nifty50 index managed to close above 11,000 for the first time since September 2018. Nifty gained 172 points in the truncated week ended March 8. On a weekly basis, the rupee rose over 1 percent (up 76 paise) to end at 70.15 on March 8 against March 1 closing of 70.91. This is the biggest rise against the US dollar since the week ended December 21. The foreign institutional investors (FIIs) has bought equities worth Rs 4,115.61 crore, while on the other hand domestic institutions investors (DIIs) sold Rs 1,693.75 crore worth of equities in the last week. Oil prices fell about 1 percent on March 8 after disappointing US job growth revived concerns about a slowing global economy and weaker demand for oil. With surging US oil supply also unsettling markets, Brent crude futures fell 56 cents, 0.8 percent, to settle at $65.74 a barrel. The international benchmark gained 1 percent for the week. Ahead of crucial elections, it looks like small & midcaps are getting attention. The bounce back in the market was led by a handful of Nifty50 names but the big trend was seen in the broader market which saw double-digit returns
Technical Outlook The Nifty which started on a positive note and continued it positive run for next trading session. The index closed listless session marginally lower on Friday, but managed to hold 11,000 levels for third consecutive session despite sharp fall in global peers on growth concerns.
Continued ‌.... 9
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11/03/2019
Nifty Analysis The index formed small bearish candle, which resembles a Doji kind of formation on the daily charts while it rallied 1.5 per-
WEEKLY STRATEGY
cent during the week and formed bullish candle on the weekly scale. The consolidation despite global weakness and after a rally indicated that the market may resume its upward journey again in coming sessions and 11,300 levels could be the next target to watch out for. On option front, maximum Put open interest (OI) is at 11,000 followed by 10,800 strike while maxi-
PARTICULAR ACTION
DETAILS BUY
mum Call OI is at 11,500 followed by 11,300 strike. ENTRY PRICE
ABOVE 11180
TARGET
11280
STOP LOSS
11120
TECHNICAL INDICATOR ANALYSIS INDICATOR
For this week, traders can adopt buy on lower level strategy in it and above the level of 11,180. It can test the level of Rs. 11,280 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 11,120.
CURRENT TREND
20 Days EMA
POSITIVE
50 Days EMA
POSITIVE
200 Days EMA
POSITIVE
RSI
POSITIVE
MACD
POSITIVE
STOCHASTIC
POSITIVE …....
10
Copyright © 2018 Ways2Capital. All rights reserved
11/03/2019
Bank Nifty Analysis Technical Outlook
WEEKLY STRATEGY
The Nifty Bank index started the last week on positive note on Monday and remained positive throughout the week . The index closed 682 points higher at 27,883.15 and formed a bullish candle on daily as well as on weekly scale. Now the index
PARTICULAR ACTION
DETAILS BUY
has to hold above 28,000 to witness an up move towards 28,450 then 28,650 levels while on the downside support exists at ENTRY PRICE
27,600 levels.
ABOVE 28150
TARGET
28550
STOP LOSS
27850
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 28,150. It can test the level of Rs. 28,550 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 27,850.
11
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
30219.05
R3
29352.30
R2
28485.55
R1
28184.35
PP
27618.80
S1
27317.60
S2
26752.05
S3
25885.30
S4
25018.55 11/03/2019
BEML cash ( Call of the Week ) Technical Outlook Overall trend of the Stock sideways for long term . For short term stock is in bullish phase. Last week stock started on positive note and showed bullish movement throughout the week. On daily chart stock has gave breakout of its major resistance level of 900. If it manages to trade above 910 levels than further upside move can be seen in it. In intraday it
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
showed a good positive move.
DETAILS BUY ABOVE 914
TARGET
944.00
STOP LOSS
896.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 914 it can test the level of Rs. 944 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 896.
12
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
1197.25
R3
1097.95
R2
998.65
R1
948.55
PP
899.35
S1
849.25
S2
800.05
S3
700.75
S4
601.45 11/03/2019
CAFINIHOMES CASH ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Overall trend of the Stock is bearish for long term . For short term stock is recovery phase. Last week, it started on positive note and showed bullish movement throughout the week . On daily chart stock has formed double bottom price pat-
PARTICULAR ACTION
DETAILS BUY
tern on lower levels. In intraday stock has showed god buying. If it manages to sustain above the levels of 305 than furENTRY PRICE
ther upside move can be seen in it.
ABOVE 305
TARGET
314.00
STOP LOSS
299.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 305 it can test the level of Rs. 314 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs.299.
13
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
379.60
R3
349.75
R2
319.90
R1
303.70
PP
290.05
S1
273.85
S2
260.20
S3
230.35
S4
200.50 11/03/2019
BHARAT FORGE FUTURES( Call of the Week ) Technical Outlook Last week, BHARATFORG MAR Futures started the week on positive note but it faild to maintain the growth.It made a low of 502.10 during the week and closed at 507.35 with the overall lose of almost 2.40% on weekly basis.Technically it given trendline breakout and formed hammer pattern on monthely chart.
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
DETAILS BUY ABOVE 533
TARGET
543.00
STOP LOSS
528.00
WEEKLY PIVOTS
For this week, Traders can adopt buying on the basis of trend line breakout strategy in it and above the level of 533 it can
PARTICULAR
LEVEL
R4
589.00
R3
564.30
R2
539.60
R1
525.25
PP
514.90
S1
500.55
S2
490.20
S3
465.50
S4
440.80
test the level of 543 during the week.Traders can make buy position in it by maintaining a stop loss of 528 14
Copyright © 2018 Ways2Capital. All rights reserved
11/03/2019
ESCORT FUTURES ( Call of the Week ) Technical Outlook Last week, ESCORTS MAR Futures started the week on positive note and maintain it till the end of the week.It made a low of 673.25 during the week and closed at 733.65 with the overall gain of almost 8.10% on weekly basis.Technically it given trendline breakout,also it consolidated at higher level.
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
DETAILS BUY ABOVE 750
TARGET
759.00
STOP LOSS
743.80
WEEKLY PIVOTS
For this week, Traders can adopt buying on the basis of trend line breakout strategy in it and above the level of 750 it can test the level of 759 during the week.Traders can make buy position in it by maintaining a stop loss of 743.80
15
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
943.70
R3
868.60
R2
793.50
R1
763.55
PP
718.40
S1
688.45
S2
643.30
S3
568.20
S4
493.10 11/03/2019
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 अनुसध ं ान ननवेश सराहकाय प्राइवेट नरनभटेड का एक बाग) द्वाया तैमाय ककमा गमा है | महां ऩय दी गई जानकायी, ववश्लेषण औय अनुभान Ways2Capital इक्ववटी / कभोकडटी अनुसध ं ान के भूलमांकन ऩय आधारयत हैं औय ववश्वसनीम स्रोतों से प्राप्त की गई है | मह दस्तावेज़ केवर इक्छित प्राप्तकताा के उऩमोग के नरए 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 / कभोकडटीज अनुसंधान का प्रनतनननधत्व कयता है औय साभान्म जानकायी के नरए ही है | Ways2Capital इक्ववटी / कभोकडटीज अनुसंधान, इसके ननदे शकों, अनधकायी मा कभाचायी ककसी बी तयह से संफंनधत साभग्री के नरए क्जम्भेदाय नहीं है ।| Ways2Capital इक्ववटी / कभोकडटीज अनुसंधान ककसी बी औय सबी उत्तयदानमत्वों को स्ऩष्ट रूऩ से अस्वीकाय कयता है जो इस संफंध भें सूचना, त्रुकटमों मा चूक से ऩैदा हो सकता है | इस दस्तावेज को ककसी बी प्रनतबूनत मा वस्तु को खयीदने के नरए फेचने मा एक आग्रह के नरए 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. उऩयोक्त सबी सूचना, स्तय औय सुझाव, Ways2Capital के ववशेषऻ के ऩैनर द्वाया ककए गए तकनीकी औय भौनरक अनुसध ं ान के आधाय ऩय दी गई हैं, रेककन हभ कदए गए सुझावों की त्रुकटमों के नरए कोई दानमत्व स्वीकाय नहीं कयते हैं | वेफसाइट के भाध्मभ से सकपिंग कयने वारे रोगों को अऩनी ऩसंद के उत्ऩाद सेवाओं को चुनने का अनधकाय 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 / कभोकडटी फाजाय भें कोई बी ननवेश जोक्खभ के अधीन होता है , कंऩनी इन सुझावों ऩय ककए गए ककसी बी नुकसान के नरए 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 स्वीकृ नत।
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 नरनभटे ड मा उसके सहमोगी कंऩननमां अनुसंधान रयऩोटा भें शानभर कंऩननमों के साथ कायोफाय नहीं कयती हैं औय न ही ककसी बी तयह के उत्ऩादों / प्रनतबूनतमों के जायीकताा के साथ जुडी हैं , जो मह सुननक्ित कयता है कक कहतों के नरए कोई वास्तववक मा संबाववत संघषा नहीं है | ननमाभक ननकाम के अनुऩारन को सुननक्ित कयने के नरए हभने मह तम ककमा है कक कंऩनी औय उसके कोई बी प्रनतनननध 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
11/03/2019
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 नरए स्वमं पैसरा कयें | ग्राहकों को वेफसाइट ऩय प्रकानशत सेवाओं के ननमभों औय शतों को ऩढ़ने औय सभझने की बी सराह दी जाती है | कंऩनी के ननगभन के फाद ननमाभक ननकाम द्वायाकंऩनी के क्खराप कोई भुकदभा (मानचका) दामय नहीं ककमा गमा है ।
DISCLOSURE APPENDIX (प्रकटीकयण ऩरयनशष्ट ) : 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 ववश्लेषकों द्वाया तैमाय की गमी है जो द्वाया हाई ब्रो भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट नरनभटे ड द्वाया ननमुक्त हैं | इस रयऩोटा भें व्मक्त सबी ववचाय कंऩनी के फाये भें व्मवक्तगत ववचायों को दशााता है औय कंऩननमों औय उनकी प्रनतबूनतमां औय ऺनतऩू नता (भुआवजे) का कोई कहस्सा, मा इस शोध रयऩोटा भें ननकहत ववशेष सुझावों मा ववचायों से प्रत्मऺ मा अप्रत्मऺ रूऩ से संफनं धत नहीं होगा।
DISCLOSURE IN TERMS OF CONFLICT OF INTEREST (कहतों 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 नरनभटे 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,
रयश्तेदाय की ववषम कंऩनी भें कोई ववत्तीम रुनच नहीं है औय न ही इस तयह की ववत्तीम कहत की प्रकृ नत है |
(फ)
हाई ब्रो भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट नरनभटे ड मा उसके सहमोगी मा उनके ककसी बी तत्कार रयश्तेदाय की ववषम कंऩनी की प्रनतबूनतमों भें एक प्रनतशत मा उससे अनधक के वास्तववक / पामदे भंद स्वानभत्व 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 भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट नरनभटे ड मा उसके सहमोनगमों को
अनुसध ं ान रयऩोटा के प्रकाशन के सभम मा सावाजननक रूऩ से उऩक्स्थत होने के सभम कोई अन्म बौनतक संघषा नहीं है |
DISCLOSURE IN TERMS OF COMPENSATION ( ऺनतऩूनता 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 नरनभटे ड की ऩॉनरसी अऩने ववश्लेषकों, ऩेशव े यों को ववश्लेषक के ऺेत्र भें ककसी बी कंऩनी की प्रनतबूनतमों के स्वाभी से ववश्लेषकों को रयऩोटा कयने से योकती है । ववश्लेषक ऺनतऩूनता : ववश्लेषक हाई ब्रो भाकेट अनुसध ं ान ननवेश सराहकाय प्राइवेट नरनभटे 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 नरनभटे 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)
अनुसध ं ान रयऩोटा के ववतयण की नतनथ 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 अनुसध ं ान ननवेश सराहकाय प्राइवेट नरनभटे ड मा उसके सहमोगीमों ने
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ववषम कंऩनी के अनधकायी, ननदे शक मा कभाचायी के रूऩ भें कबी बी काभ
Copyright © 2018 Ways2Capital. All rights reserved
11/03/2019