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
2
CLOSING AS ON 14th DEC 18
CURRENCY MARKET UPDATE
WEEKLY CHANGES
WEEKLY % CHANGE
CURRENCY PAIR
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Nifty
10805.45
111.75
1.05%
USDINR
72.0600
70.9025
1.63%
Nifty Bank
26826.00
231.70
0.87%
GBPINR
90.7400
90.5650
0.19%
Nifty IT
14851.40
188.50
1.29%
EURINR
81.5475
80.7825
0.95%
Nifty Pharma
8726.40
43.80
0.50%
JPYINR
63.5750
63.0025
0.91%
Nifty Finance
11327.60
11.15
0.10%
EURUSD
1.1290
1.1410
-1.05%
Nifty VIX
15.16
-3.43
-18.46%
GBPUSD
1.2556
1.2785
-1.79%
Nifty 500
9091.30
150.65
1.69%
Dollar Index
97.45
96.47
1.02%
Nifty 100
11040.30
146.20
1.34%
Nifty FMCG
30371.50
697.85
2.35%
Nifty Energy
14072.05
58.40
0.42%
Nifty Realty
237.20
6.75
2.93%
Nifty PSU Banks
2979.65
154.95
Nifty Auto
9271.50
Nifty Metal
COMMODITY MARKET UPDATE CURRENT CLOSING
PREVIOUS CLOSING
1242.30
1252.60
-0.82%
Gold MCX
31437
31595
-0.50%
5.49%
Crude Oil NYMEX
51.23
52.61
-2.62%
401.70
4.53%
Crude Oil MCX
3690
3849
-4.13%
3112.35
41.15
1.34%
Brent Oil NYMEX
60.30
59.19
1.88%
Nifty 200
5712.60
87.35
1.55%
Copper MCX
441.70
438.45
0.74%
Nifty Media
2562.55
65.00
2.60%
Natural Gas NYMEX
3.788
4.488
-15.60%
COMMODITY Gold COMEX
Copyright © 2018 Ways2Capital. All rights reserved
WEEKLY % CHANGE
18/12/2018
Market at a Glance WEEKLY GAINERS SCRIP
CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
IBULHSGFIN
792.80
10.27%
1439.40
IOC
141.45
9.19%
213.80
YESBANK
180.35
8.58%
404.00
HEROMOTOCO
3313.50
8.14%
3862.00
EICHERMOT
23630.00
5.96%
32209.50
WEEKLY LOSERS SCRIP
3
Copyright © 2018 Ways2Capital. All rights reserved
CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
DRREDDY
2591.60
-3.43%
1888.00
JSWSTEEL
293.45
-2.88%
237.90
HDFC
1904.15
-2.46%
1646.00
KOTAKBANK
1255.25
-2.11%
992.50
RELIANCE
1111.75
-1.90%
861.70 18/12/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
CURRENY
EVENT
FORECAST
PREVIOUS
1.260M
1.265M
Tuesday, December 18, 2018 19:00
USD
Building Permits (Nov) Wednesday, December 19, 2018
15:00
GBP
CPI (YoY) (Nov)
2.30%
2.40%
20:30
USD
Existing Home Sales (Nov)
5.20M
5.22M
21:00
USD
Crude Oil Inventories
-2.990M
-1.208M
Thursday, December 20, 2018 0:30
USD
FOMC Economic Projections
-
-
0:30
USD
FOMC Statement
-
-
0:30
USD
Fed Interest Rate Decision
2.50%
2.25%
1:00
USD
FOMC Press Conference
-
-
15:00
GBP
Retail Sales (MoM) (Nov)
0.30%
-0.50%
17:30
GBP
BoE Interest Rate Decision (Dec)
-
0.75%
19:00
USD
Philadelphia Fed Manufacturing Index (Dec)
15
12.9
Friday, December 21, 2018
4
15:00
GBP
GDP (QoQ) (Q3)
0.60%
0.60%
15:00
GBP
GDP (YoY) (Q3)
1.50%
1.50%
Tentative
USD
Fed Chair Powell Testifies
-
-
19:00
USD
Core Durable Goods Orders (MoM) (Nov)
0.30%
0.20%
19:00
USD
GDP (QoQ) (Q3)
3.50%
3.50%
Copyright © 2018 Ways2Capital. All rights reserved
18/12/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
ADANIPORTS
387.70
379.80
371.90
370.40
364.00
362.50
356.10
348.20
340.30
ASIANPAINT
1434.40
1390.45
1346.50
1342.75
1302.52
1298.75
1258.55
1214.60
1170.65
AXISBANK
651.00
634.80
618.60
619.45
602.37
603.20
586.15
569.95
553.75
BAJAJ-AUTO
2961.90
2894.75
2827.60
2818.05
2760.42
2750.85
2693.25
2626.10
2558.95
BAJAJFINSV
6379.05
6203.05
6027.05
6090.10
5851.03
5914.05
5675.00
5499.00
5323.00
BAJFINANCE
2621.85
2560.30
2498.75
2492.05
2437.20
2430.50
2375.65
2314.10
2252.55
BHARTIARTL
336.25
325.45
314.65
316.85
303.83
306.00
293.00
282.20
271.40
BPCL
377.45
362.15
346.85
345.90
331.55
330.60
316.25
300.95
285.65
CIPLA
548.60
536.85
525.10
523.60
513.33
511.80
501.55
489.80
478.05
COALINDIA
271.45
260.70
249.95
250.00
239.17
239.20
228.40
217.65
206.90
DRREDDY
2891.50
2807.60
2723.70
2656.45
2639.77
2572.50
2555.85
2471.95
2388.05
EICHERMOT
24926.00
24191.20
23456.40
23578.20
22721.60
22843.40
21986.80
21252.00
20517.20
GAIL
368.60
358.75
348.90
350.10
339.05
340.25
329.20
319.35
309.50
GRASIM
861.00
842.80
824.60
834.75
806.37
816.50
788.15
769.95
751.75
HCLTECH
1056.80
1023.20
989.60
974.85
955.97
941.20
922.35
888.75
855.15
HDFC
2032.90
1994.25
1955.60
1932.60
1916.92
1893.90
1878.25
1839.60
1800.95 Continued .......
5
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S3
S4
18/12/2018
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
18/12/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
MARUTI
8088.70
7863.70
7638.70
7657.35
7413.67
7432.30
7188.65
6963.65
6738.65
NTPC
152.90
148.35
143.80
143.80
139.25
139.25
134.70
130.15
125.60
ONGC
159.20
153.10
147.00
146.65
140.88
140.50
134.75
128.65
122.55
POWERGRID
198.65
192.90
187.15
186.15
181.38
180.35
175.60
169.85
164.10
RELIANCE
1196.10
1164.90
1133.70
1121.85
1102.47
1090.60
1071.25
1040.05
1008.85
SBIN
297.20
290.95
284.70
286.70
278.42
280.40
272.15
265.90
259.65
SUNPHARMA
445.55
433.35
421.15
420.80
408.92
408.55
396.70
384.50
372.30
TATAMOTORS
173.35
169.35
165.35
166.20
161.33
162.15
157.30
153.30
149.30
TATASTEEL
544.20
531.70
519.20
516.35
506.67
503.80
494.15
481.65
469.15
TCS
2139.70
2088.70
2037.70
2013.35
1986.67
1962.30
1935.65
1884.65
1833.65
TECHM
773.55
748.60
723.65
717.35
698.68
692.35
673.70
648.75
623.80
TITAN
968.20
950.20
932.20
930.40
914.20
912.40
896.20
878.20
860.20
ULTRACEMCO
4235.05
4116.75
3998.45
3998.50
3880.13
3880.15
3761.80
3643.50
3525.20
UPL
810.45
791.90
773.35
769.65
754.78
751.05
736.20
717.65
699.10
VEDL
212.30
206.85
201.40
201.65
195.92
196.15
190.45
185.00
179.55
WIPRO
366.40
355.00
343.60
339.30
332.20
327.90
320.80
309.40
298.00
YESBANK
198.25
188.75
179.25
179.50
169.73
169.95
160.20
150.70
141.20
ZEEL
505.35
495.05
484.75
485.15
474.45
474.85
464.15
453.85
443.55
7
Copyright © 2018 Ways2Capital. All rights reserved
18/12/2018
Open Interest & Price Analysis LONG BUILD-UP CHANGE IN OI (In %)
SCRIP
PRICE CHANGE (In %)
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
COLPAL
37.79%
6.22%
COALINDIA
-21.03%
4.11%
TVSMOTOR
36.72%
5.15%
HEXAWARE
-18.18%
4.32%
M&MFIN
20.39%
8.52%
AMARAJABAT
-18.08%
4.26%
KSCL
19.29%
9.98%
NTPC
-16.13%
3.94%
SRF
17.02%
3.41%
L&TFH
-15.25%
6.09%
SHORT BUILD-UP
LONG UNWINDING
CHANGE IN OI (In %)
PRICE CHANGE (In %)
RELINFRA
45.67%
-4.96%
JETAIRWAYS
35.43%
DRREDDY AUROPHARMA
SCRIP
8
NIFTY OPTIONS OPEN INTEREST ANALYSIS
SHORT COVERING
CHANGE IN OI (In %)
PRICE CHANGE (In %)
-
-
-
-5.74%
-
-
-
15.12%
-3.52%
-
-
-
13.23%
-3.38%
-
-
-
-
-
-
-
-
SCRIP
Copyright © 2018 Ways2Capital. All rights reserved
Analysis : As per the analysis of above chart. Major Resistance Level: 11000 Major Support Levels: 10500 followed 10000 18/12/2018
Nifty Analysis Fundamental Outlook Last week our Indian Equity market opened on a gap down not on Monday backed by most of the exit polls results indicating possible defeat of BJP in key states. It remained in pressure till 1st session of the Tuesday where after state assembly results
NIFTY WEEKLY PIVOTS PARTICULAR
LEVEL
came out in favor of congress. Which lifted the sentiments of the market and it recovered from lower levels and it remained bullish for next couple of trading sessions. Benchmark indices closed range bound session on a flat note Friday despite weakness in global peers due to growth concerns in world's largest economy China. Overall it was a consolidation day after the rally
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
seen in previous three consecutive sessions. After seeing last week's price action it seems like market was buoyant by comeback of Congress in MP , CG and Rajasthan. Market has also discounted elections results and RBI governor news (resignation of Mr. Urjit Patel). Further market could continue to get supported by stable oil prices and rupee with rate cut hope. On the global front, growth concerns in Chinese economy dragged Asian and European markets to a negative terrain. China's Shanghai Composite, Hong Kong's Hang Seng, Japan's Nikkei and South Korea's Kospi closed lower by 1-2 percent after Chinese economic data missed expectations which raised worries about headwinds facing the economy.
Technical Outlook Last week nifty index started on negative note on Monday but good recovery was seen in remaining trading sessions of the week as index hits weekly high of 10,882.20 in Thursday's trading session and after some sideways movement on Friday's session it closed at 10,820.30 with marginal gain of 0.80% on weekly basis.
Continued ‌.... 9
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18/12/2018
Nifty Analysis The index has formed a bullish candle which closely resembles a ‘Hanging Man’ or an Inside Bar kind of pattern on weekly
WEEKLY STRATEGY
charts. For bulls to regain control, Nifty has to close above 10,883-10,974 levels. On the upsides momentum shall pick up only on a close above 10,883 levels. However, a breach of 200-DMA placed around 10,771 could fuel the selling pressure with an initial downside target of 10,588. On the options front, maximum Put OI is placed at 10000 followed by 10200 strikes while maximum Call OI is seen at 11000 followed by 10900 strike.
PARTICULAR ACTION ENTRY PRICE
DETAILS BUY ABOVE 10883
TARGET
10999
STOP LOSS
10771
TECHNICAL INDICATOR ANALYSIS INDICATOR
CURRENT TREND
20 Days EMA
POSITIVE
50 Days EMA
POSITIVE
200 Days EMA
POSITIVE
RSI
POSITIVE
MACD
POSITIVE
STOCHASTIC
POSITIVE
For this week, traders can adopt buy on lower level strategy in it and above the level of 10,883. It can test the level of Rs. 10,999 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 10,771.
….... 10
Copyright © 2018 Ways2Capital. All rights reserved
18/12/2018
Bank Nifty Analysis Technical Outlook
WEEKLY STRATEGY
The Nifty Bank index started the last week on negative note on Monday but in remaining trading sessions it not only erased previous day's losses but witnessed good buying from lower levels throughout the week and closed at 26,862.25 with over-
PARTICULAR ACTION
DETAILS BUY
all gain of 202 points or 0.75% on weekly basis. However bank Nifty could not sustain above its important resistance levels of 27,065.50. The index has formed a doji on daily scale while some short of Hanging man candlestick pattern on weekly
ENTRY PRICE
ABOVE 27050
chart . For Index to remain bullish it has to hold above 27,065.50 levels otherwise a breach below 26,770 could initiate the
TARGET
27650
selling pressure . Support is placed 26,770 and upside resistance is placed at 27,065.50 and 26,600.
STOP LOSS
26750
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 27,066. It can test the level of Rs.
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
27,466 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 26,770. 11
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18/12/2018
ZEEL Cash ( Call of the Week ) Technical Outlook Overall trend of the Stock is bullish for long term . For short term stock is in correction phase. Last week, it started on negative not but it showed a good buying from lower levels throughout the week. On daily chart stock has gave breakout of its major trend line and resistance levels of 490. If it manages to sustain above the levels of 496 than further upside
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
move can be seen in it.
DETAILS BUY ABOVE 496.00
TARGET
516.00
STOP LOSS
485.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 496 it can test the level of Rs. 516 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 486.
12
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
580.90
R3
548.25
R2
515.60
R1
502.55
PP
482.95
S1
469.90
S2
450.30
S3
417.65
S4
385.00 18/12/2018
WIPRO 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 not and consolidated near its major resistance levels throughout the week. On daily stock has formed ascend-
PARTICULAR ACTION
DETAILS BUY
ing triangle price pattern on higher levels . If it manages to trade above 344 levels than further upside move can be seen in it. In intraday it showed a good positive move.
ENTRY PRICE
ABOVE 344.00
TARGET
358.00
STOP LOSS
336.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 344 it can test the level of Rs. 358 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 336.
13
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PARTICULAR
LEVEL
R4
391.40
R3
372.25
R2
353.10
R1
343.10
PP
333.95
S1
323.95
S2
314.80
S3
295.65
S4
276.50 18/12/2018
SIEMENS FUTURES( Call of the Week ) Technical Outlook Last week, SIEMENS Dec Futures started the week on positive note and after that, it consolidated at higher level. It closed at 969.60 with the overall gain of 1.65% on weekly basis. Technically it had given pull back from 52 week low by making spinning top reversal pattern on monthly chart and also closed above the trend line. For this week, we can expect upside
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
movement in it.
DETAILS BUY ABOVE 980.00
TARGET
999.00
STOP LOSS
970.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
1168.40
R3
1096.45
R2
1024.50
R1
997.05
PP
952.55
S1
925.10
S2
880.60
For this week, traders can adopt buying from trend line breakout strategy in it and above the level of 980 it can test the
S3
808.65
level of 999 during the week. Trades can make buy position in it by maintaining a Stop Loss of 970.
S4
736.70
14
Copyright © 2018 Ways2Capital. All rights reserved
18/12/2018
ICICIBANK FUTURES ( Call of the Week ) Technical Outlook Last week, ICICIBANK Dec Futures started the week with downside movement but till the end of the week, it witnessed upside movement and closed at 352.30 with the overall loss of 0.15% on weekly basis. Technically it had given pull back from 50% retracement level buy making of Hammer Candlestick Pattern and for this week, we can expect upside move-
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
ment in it.
DETAILS BUY ABOVE 360.50
TARGET
365.50
STOP LOSS
357.80
WEEKLY PIVOTS
For this week, traders can adopt buying on the basis of Fibonacci Retracement Reversal strategy in it and above the level of 360.50 it can test the level of 365.50 during the week. Trades can make buy position in it by maintaining a Stop Loss of 357.80. 15
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
400.70
R3
383.20
R2
365.70
R1
359.00
PP
348.20
S1
341.50
S2
330.70
S3
313.20
S4
295.70 18/12/2018
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
18/12/2018
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
18/12/2018