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 21st DEC 18
CURRENCY MARKET UPDATE
WEEKLY CHANGES
WEEKLY % CHANGE
CURRENCY PAIR
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Nifty
10754.00
-51.45
-0.48%
USDINR
70.1550
72.0600
-2.64%
Nifty Bank
26869.65
43.65
0.16%
GBPINR
88.9350
90.7400
-1.99%
Nifty IT
14207.85
-643.55
-4.33%
EURINR
80.1925
81.5475
-1.66%
Nifty Pharma
8774.05
47.65
0.55%
JPYINR
63.1725
63.5750
-0.63%
Nifty Finance
11439.05
111.45
0.98%
EURUSD
1.1422
1.1290
1.17%
Nifty VIX
15.99
0.83
5.51%
GBPUSD
1.2667
1.2556
0.88%
Nifty 500
9082.55
-8.75
-0.10%
Dollar Index
96.48
97.45
-1.00%
Nifty 100
11005.85
-34.45
-0.31%
Nifty FMCG
30199.80
-171.70
-0.57%
Nifty Energy
14159.75
87.70
0.62%
Nifty Realty
238.50
1.30
0.55%
Nifty PSU Banks
3034.45
54.80
Nifty Auto
9337.25
Nifty Metal
COMMODITY MARKET UPDATE COMMODITY
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Gold COMEX
1258.95
1242.30
1.34%
Gold MCX
31815
31437
1.20%
1.84%
Crude Oil NYMEX
45.41
51.23
-11.36%
65.75
0.71%
Crude Oil MCX
3236
3690
-12.30%
3162.30
49.95
1.60%
Brent Oil NYMEX
53.50
60.30
-11.28%
Nifty 200
5701.25
-11.35
-0.20%
Copper MCX
417.35
441.70
-5.51%
Nifty Media
2466.10
-96.45
-3.76%
Natural Gas NYMEX
3.692
3.788
-2.53%
2
Copyright © 2018 Ways2Capital. All rights reserved
24/12/2018
Market at a Glance WEEKLY GAINERS SCRIP
CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
HINDPETRO
250.00
9.94%
434.90
BPCL
372.00
8.19%
540.70
196.90
6.15%
217.00
175.90
5.39%
443.55
150.70
4.91%
180.55
POWER GRID TATA MOTORES NTPC LTD
WEEKLY LOSERS SCRIP
3
Copyright © 2018 Ways2Capital. All rights reserved
CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
ZEEL
447.30
8.55%
410.30
INFOSYS
645.75
-8.48%
499.03
TCS
1897.25
-4.62%
1278.35
WIPRO
319.45
-4.10%
253.50
UPL LTD
736.70
-3.67%
537.90 24/12/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
CURRENY
EVENT
FORECAST
PREVIOUS
Monday, December 24, 2018 12:30
Holiday
United Kingdom - Christmas Eve - Early close at 12:30
Holiday
13:00
Holiday
United States - Christmas Eve - Early close at 13:00
Holiday
Tuesday, December 25, 2018 All Day
GBP
United Kingdom - Christmas Day
Holiday
All Day
USD
United States - Christmas
Holiday
All Day
INR
India - Christmas
Holiday
Wednesday, December 26, 2018 All Day
GBP
United Kingdom - Boxing Day
Holiday
Thursday, December 27, 2018 20:30
USD
CB Consumer Confidence (Dec)
134.3
135.7
20:30
USD
New Home Sales (Nov)
555K
544K
-
-
-0.50%
-2.60%
-
-0.497M
Friday, December 28, 2018
4
Tentative
USD
Fed Chair Powell Testifies
20:30
USD
Pending Home Sales (MoM) (Nov)
21:30
USD
Crude Oil Inventories Copyright © 2018 Ways2Capital. All rights reserved
24/12/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
ADANIPORTS
427.70
407.35
387.00
374.15
366.63
353.75
346.25
325.90
305.55
ASIANPAINT
1702.80
1596.45
1490.10
1439.90
1383.72
1333.50
1277.35
1171.00
1064.65
AXISBANK
726.65
693.60
660.55
641.10
627.47
608.00
594.40
561.35
528.30
BAJAJ-AUTO
3149.70
3045.70
2941.70
2874.35
2837.67
2770.30
2733.65
2629.65
2525.65
BAJAJFINSV
7652.00
7202.00
6752.00
6553.95
6301.97
6103.90
5851.95
5401.95
4951.95
BAJFINANCE
3084.40
2907.10
2729.80
2658.40
2552.50
2481.10
2375.20
2197.90
2020.60
BHARTIARTL
370.10
350.95
331.80
319.65
312.62
300.45
293.45
274.30
255.15
BPCL
467.95
433.30
398.65
386.50
363.97
351.80
329.30
294.65
260.00
CIPLA
565.40
550.35
535.30
526.15
520.22
511.05
505.15
490.10
475.05
COALINDIA
275.90
267.60
259.30
255.75
250.97
247.40
242.65
234.35
226.05
DRREDDY
2809.40
2742.50
2675.60
2639.30
2608.68
2572.35
2541.75
2474.85
2407.95
EICHERMOT
26209.45
25363.40
24517.35
23998.65
23671.30
23152.60
22825.25
21979.20
21133.15
GAIL
390.90
377.00
363.10
354.30
349.20
340.40
335.30
321.40
307.50
GRASIM
962.90
918.25
873.60
844.80
828.95
800.15
784.30
739.65
695.00
HCLTECH
1092.00
1048.20
1004.40
976.20
960.60
932.40
916.80
873.00
829.20
HDFC
2151.30
2083.00
2014.70
1979.10
1946.38
1910.75
1878.05
1809.75
1741.45 Continued .......
5
Copyright © 2018 Ways2Capital. All rights reserved
24/12/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2270.05
2219.95
2169.85
2140.50
2119.75
2090.40
2069.65
2019.55
1969.45
HEROMOTOCO
3738.45
3598.45
3458.45
3396.85
3318.42
3256.80
3178.40
3038.40
2898.40
HINDALCO
246.75
239.05
231.35
227.55
223.65
219.85
215.95
208.25
200.55
HINDPETRO
323.00
296.15
269.30
259.70
242.45
232.85
215.60
188.75
161.90
HINDUNILVR
2035.00
1965.50
1896.00
1853.00
1826.50
1783.50
1757.00
1687.50
1618.00
IBULHSGFIN
1139.55
1033.25
926.95
872.55
820.62
766.20
714.30
608.00
501.70
ICICIBANK
398.05
384.55
371.05
363.05
357.52
349.50
344.00
330.50
317.00
INDUSINDBK
1814.65
1742.50
1670.35
1624.15
1598.17
1551.95
1526.00
1453.85
1381.70
INFRATEL
310.60
293.05
275.50
268.40
257.92
250.80
240.35
222.80
205.25
INFY
872.50
804.10
735.70
691.15
667.28
622.70
598.85
530.45
462.05
IOC
169.85
160.70
151.55
145.70
142.38
136.50
133.20
124.05
114.90
ITC
304.50
296.00
287.50
282.05
278.97
273.50
270.45
261.95
253.45
KOTAKBANK
360.65
342.00
323.35
315.35
304.68
296.65
286.00
267.35
248.70
LT
1410.55
1351.60
1292.65
1260.35
1233.68
1201.35
1174.70
1115.75
1056.80
LUPIN
1619.55
1554.90
1490.25
1456.15
1425.58
1391.45
1360.90
1296.25
1231.60
M&M
971.40
907.90
844.40
811.30
780.90
747.80
717.40
653.90
590.40 Continued .......
6
Copyright © 2018 Ways2Capital. All rights reserved
24/12/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2270.05
2219.95
2169.85
2140.50
2119.75
2090.40
2069.65
2019.55
1969.45
HEROMOTOCO
3738.45
3598.45
3458.45
3396.85
3318.42
3256.80
3178.40
3038.40
2898.40
HINDALCO
246.75
239.05
231.35
227.55
223.65
219.85
215.95
208.25
200.55
HINDPETRO
323.00
296.15
269.30
259.70
242.45
232.85
215.60
188.75
161.90
HINDUNILVR
2035.00
1965.50
1896.00
1853.00
1826.50
1783.50
1757.00
1687.50
1618.00
IBULHSGFIN
1139.55
1033.25
926.95
872.55
820.62
766.20
714.30
608.00
501.70
ICICIBANK
398.05
384.55
371.05
363.05
357.52
349.50
344.00
330.50
317.00
INDUSINDBK
1814.65
1742.50
1670.35
1624.15
1598.17
1551.95
1526.00
1453.85
1381.70
INFRATEL
310.60
293.05
275.50
268.40
257.92
250.80
240.35
222.80
205.25
INFY
872.50
804.10
735.70
691.15
667.28
622.70
598.85
530.45
462.05
IOC
169.85
160.70
151.55
145.70
142.38
136.50
133.20
124.05
114.90
ITC
304.50
296.00
287.50
282.05
278.97
273.50
270.45
261.95
253.45
KOTAKBANK
360.65
342.00
323.35
315.35
304.68
296.65
286.00
267.35
248.70
LT
1410.55
1351.60
1292.65
1260.35
1233.68
1201.35
1174.70
1115.75
1056.80
LUPIN
1619.55
1554.90
1490.25
1456.15
1425.58
1391.45
1360.90
1296.25
1231.60
M&M
971.40
907.90
844.40
811.30
780.90
747.80
717.40
653.90
590.40
7
Copyright © 2018 Ways2Capital. All rights reserved
24/12/2018
Open Interest & Price Analysis LONG BUILD-UP CHANGE IN OI (In %)
PRICE CHANGE (In %)
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
UJJIVAN
54.55%
13.55%
NTPC
-28.82%
4.52%
SREINFRA
30.94%
6.43%
COALINDIA
-21.27%
2.06%
KAJARIACER
30.29%
9.31%
IOC
-19.72%
3.89%
BPCL
28.84%
9.60%
CAPF
-15.44%
10.30%
BEML
28.28%
13.06%
RELINFRA
-12.79%
4.95%
SCRIP
SHORT BUILD-UP
LONG UNWINDING
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
CESC
56.53%
-1.67%
JETAIRWAYS
ADANIPORTS
29.93%
-2.09%
NATIONALUM
28.44%
GODFRYPHLP ZEEL 8
NIFTY OPTIONS OPEN INTEREST ANALYSIS
SHORT COVERING
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
-13.03%
-9.11%
-
-
-
-3.11%
-
-
-
25.12%
-8.42%
-
-
-
20.94%
-8.24%
-
-
-
Copyright © 2018 Ways2Capital. All rights reserved
Analysis : As per the analysis of above chart. Major Resistance Level: 11000 Major Support Levels: 10500 followed 10000 24/12/2018
Nifty Analysis Fundamental Outlook
NIFTY WEEKLY PIVOTS
Last week our Indian Equity market opened on a gap up not on Monday and continuing its previous week's momentum. It
PARTICULAR
LEVEL
R4
11598.15
R3
11346.60
R2
11095.05
R1
10932.00
PP
10843.50
S1
10680.45
S2
10591.95
S3
10340.40
S4
10088.85
remained bullish till Thursdays session but Indian indices witnessed bloodbath in Friday trading session as Nifty closed 197 points lower at 10,754. Fears of a global slowdown spooked investors across the globe, including India on Friday. Global markets took a beating amid fears of a slowdown in developed economies such as US and China. Weak handover from Wall Street spilled over to Asian and Indian markets as well. Wall Street stocks fell sharply in volatile trading on December 21, with the Nasdaq confirming it is in a bear market, as concerns of slowing economic growth led investors to flee stocks in high-valuation sectors such as technology and communication services. Apart from global cues, index heavyweights were under pressure, which dragged the indices lower too but the consistent fall in oil prices continued to support the market. Rupee gained sharply against the US dollar following broader weakness in the dollar and plunge in global crude oil prices. Gains in the rupee were triggered after the Federal Reserve in its policy statement mentioned that rate hike in the coming year could be restricted to two compared to earlier estimates of three rate hikes next year.
Technical Outlook
Last week nifty index started on a gap up note on Monday and continued its bullish run for next three trading sessions of the week and index hits weekly high of 11,006.25 in Wednesday's trading session. It was first time since 3rd Oct 2018 index tested 11,000 mark. But it lost the movement in Friday's session as Index fell sharply and wiped out gain of last six trading sessions to slip towards 10,755 levels.
Continued ‌.... 9
Copyright Š 2018 Ways2Capital. All rights reserved
24/12/2018
Nifty Analysis he index plunged nearly 200 points for the first time in last nine consecutive sessions, forming big bearish candle on the
WEEKLY STRATEGY
daily charts and Inverted hammer on weekly scale which suggest that bulls are loosening their grip in the market. Now if it sustains below 10,835 levels then short term trend could turn negative for a decline towards 10,581 levels while on the upside resistance is seen at 10,883 then 11,007 . On the options front, maximum Put open interest (OI) was seen at 10,000
PARTICULAR ACTION
DETAILS SELL
followed by 10,700 strikes while maximum Call OI was at 11,000 followed by 10,900 strikes ENTRY PRICE
BELOW 10750
TARGET
10640
STOP LOSS
10851
TECHNICAL INDICATOR ANALYSIS INDICATOR
For this week, traders can adopt sell on higher level strategy in it and below the level of 10,750. It can test the level of Rs. 10,640 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 10,851.
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
24/12/2018
Bank Nifty Analysis Technical Outlook
WEEKLY STRATEGY
The Nifty Bank index started the last week on a gap up note on Monday and continued its bullish run for next three trading sessions of the week and index hits weekly high of 27,425 in Wednesday's trading session. In Friday's trading session Bank
PARTICULAR ACTION
DETAILS SELL
Nifty failed to hold above 27,350 and slipped towards 26,900 levels. It corrected by more than 400 points and formed a bearish candle on daily scale and a Shooting Star on weekly scale. The index closed 369 points lower at 26,971.80. Now it
ENTRY PRICE
BELOW 26900
has to cross and hold above 27,000 levels to get a short term stability and a move towards 27,300-27,400 levels but if it
TARGET
26500
sustains below 26,900 levels then it can test down side levels of 26,600 - 26,400.
STOP LOSS
27200
WEEKLY PIVOTS
For this week, traders can adopt sell on higher level strategy in it and below the level of 26,900. It can test the level of Rs. 26,500 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 27,200.
11
Copyright Š 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
28704.35
R3
28167.95
R2
27631.55
R1
27301.70
PP
27095.15
S1
26765.30
S2
26558.75
S3
26022.35
S4
25485.95 24/12/2018
BHEL Cash ( Call of the Week ) Technical Outlook Overall trend of the Stock is bearish for long term . For short term stock is in recovery phase. Last week, it started on positive note and showed a good buying from lower levels throughout the week. On daily chart stock has gave breakout of its
WEEKLY STRATEGY PARTICULAR
major trend line and resistance levels of 71.50. If it manages to sustain above the levels of 73 than further upside move
ACTION
can be seen in it.
ENTRY PRICE
DETAILS BUY ABOVE 73
TARGET
77.00
STOP LOSS
71.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 73 it can test the level of Rs. 77 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 71.
12
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
85.60
R3
80.20
R2
74.80
R1
72.30
PP
69.40
S1
66.90
S2
64.00
S3
58.60
S4
53.20 24/12/2018
OREINTELBANK ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Overall trend of the Stock is bearish for long term . For short term stock is in recovery phase. Last week stock started on positive note and consolidated near its major resistance levels throughout the week. On daily chart stock has gave break-
PARTICULAR ACTION
DETAILS BUY
out of its major trend line. If it manages to trade above 96 levels than further upside move can be seen in it. In intraday ENTRY PRICE
it showed a good positive move.
ABOVE 96
TARGET
99.00
STOP LOSS
94.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 96 it can test the level of Rs. 99 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 94.
13
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
114.75
R3
107.35
R2
99.95
R1
96.60
PP
92.55
S1
89.20
S2
85.15
S3
77.75
S4
70.35 24/12/2018
MCDOWELL FUTURES( Call of the Week ) Technical Outlook Last week, MCDOWELL-N 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 623.45 with the marginal loss of 0.85 per cent on weekly basis. Technically it’s sustaining below the downward trend line breakout with the negative RSI and for this week, we can expect downside movement in it.
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
DETAILS SELL BELOW 611
TARGET
601.00
STOP LOSS
616.90
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
745.95
R3
708.40
R2
670.85
R1
647.15
PP
633.30
S1
609.60
S2
595.75
For this week, traders can adopt selling from trend line breakout strategy in it and above the level of 611 it can test the
S3
558.20
level of 601 during the week. Trades can make sell position in it by maintaining a Stop Loss of 619.90
S4
520.65
14
Copyright © 2018 Ways2Capital. All rights reserved
24/12/2018
BHARATFORGE FUTURES ( Call of the Week ) Technical Outlook Last week, BHARATFORG Dec Futures started the week on positive note but in last day of the week, all the gain were erased and it closed at 502.20 with the overall loss of 2.65% on weekly basis. Technically it’s near the 52 week low and consolidating below the 61.8% Fibonacci Retracement levels which is indicating bearish movement in it.For this week, we can
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
expect downside movement in it.
DETAILS SELL BELOW 498.00
TARGET
485.00
STOP LOSS
505.00
WEEKLY PIVOTS
For this week, traders can adopt selling on the basis of Retracement breakout strategy in it and below the level of 498 it can test the level of 485 during the week. Trades can make sell position in it by maintaining a Stop Loss of 505.
15
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
605.60
R3
574.25
R2
542.90
R1
522.55
PP
511.55
S1
491.20
S2
480.20
S3
448.85
S4
417.50 24/12/2018
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
24/12/2018
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
24/12/2018