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
WEEKLY % CHANGE
Nifty
11557.10
172.05
1.51%
Nifty 100
11856.2
208.45
Nifty 200
6159.10
Nifty 500 Nifty VIX
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
USDINR
69.9425
70.3100
-0.52%
1.79%
GBPINR
89.9075
89.3700
0.60%
107.45
1.78%
EURINR
81.0250
80.0150
1.26%
9850.8
165.15
1.71%
JPYINR
62.8175
63.4375
-0.98%
12.41
-1.24
-9.07%
EURUSD
1.1597
1.1403
1.70%
Nifty Bank
27834.7
8.15
0.03%
GBPUSD
1.2851
1.2743
0.85%
Nifty Auto
10903.00
72.05
0.67%
Dollar Index
95.08
96.00
-0.96%
Nifty Finance
11592.15
55.70
0.48%
Nifty FMCG
32385.55
654.30
2.06%
Nifty IT
15260.05
215.70
1.43%
Nifty Media
2871.15
53.90
1.91%
Nifty Metal
3481.2
144.15
4.32%
10061.10
465.75
4.85%
Nifty PSU Banks
3214.6
87.15
Nifty PVT Bank
15814.50 273.45
Nifty Pharma
Nifty Realty 2
CURRENCY MARKET UPDATE
CLOSING AS ON 24 th Aug 18
WEEKLY CHANGES
CURRENCY PAIR
COMMODITY MARKET UPDATE COMMODITY
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Gold COMEX
1212.30
1191.80
1.72%
Gold MCX
29903
29349
1.89%
Crude Oil NYMEX
68.54
65.91
3.99%
Crude Oil MCX
4804
4571
5.10%
2.79%
Brent Oil NYMEX
75.63
71.80
5.33%
-213.05
-1.33%
Copper MCX
416.25
407.65
2.11%
-0.20
-0.07%
Natural Gas NYMEX
2.912
2.946
-1.15%
Copyright © 2018 Ways2Capital. All rights reserved
27/08/2018
Market at a Glance WEEKLY GAINERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
1342.80
8.91%
1469.60
TECH MAHINDRA
717.00
7.48%
738.00
VEDANTA
223.95
7.38%
355.70
UPL LTD
652.55
6.89%
856.00
LUPIN
907.15
6.81%
1090.00
SCRIP L&T
WEEKLY LOSERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
BPCL
357.55
-5.41%
354.30
TITAN
887.95
-3.40%
563.60
GAIL
380.30
-3.40%
279.75
INFOSYS
1379.95
-3.18%
874.00
INDUSLAND BANK
1927.25
-2.82%
1573.00
SCRIP
3
Copyright © 2018 Ways2Capital. All rights reserved
27/08/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
CURRENY
EVENT
FORECAST
PREVIOUS
Monday, August 27, 2018 All Day
USD
United Kingdom - Summer Bank Holiday
Holiday
Tuesday, August 28, 2018 19:30
USD
CB Consumer Confidence (Aug)
126.2
127.4
4.00%
4.10%
-
0.90%
-1.497M
-5.836M
Wednesday, August 29, 2018 18:00
USD
GDP (QoQ) (Q2)
19:30
USD
Pending Home Sales (MoM) (Jul)
20:00
USD
Crude Oil Inventories Thursday, August 30, 2018
18:00
USD
Initial Jobless Claims
-
-
18:00
USD
PCE Deflator (YoY)
-
2.20%
18:00
USD
PCE Deflator (MoM)
-
0.10%
18:00
USD
Personal Spending (MoM) (Jul)
0.40%
0.40%
51
51.2
-
54
7.60%
7.70%
Friday, August 31, 2018
4
6:30
CNY
Manufacturing PMI (Aug)
6:30
CNY
Non-Manufacturing PMI (Aug)
17:30
INR
GDP Quarterly (YoY) (Q1) Copyright © 2018 Ways2Capital. All rights reserved
27/08/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
ADANIPORTS
424.95
409.65
394.35
385.60
379.03
370.25
363.70
348.40
333.10
ASIANPAINT
1540.90
1494.95
1449.00
1421.05
1403.05
1375.10
1357.10
1311.15
1265.20
AXISBANK
715.55
688.20
660.85
649.70
633.48
622.30
606.10
578.75
551.40
BAJAJ-AUTO
3022.15
2916.15
2810.15
2744.30
2704.13
2638.25
2598.10
2492.10
2386.10
BAJAJFINSV
7600.15
7427.35
7254.55
7151.30
7081.75
6978.50
6908.95
6736.15
6563.35
BAJFINANCE
3252.05
3133.45
3014.85
2967.70
2896.23
2849.05
2777.60
2659.00
2540.40
BHARTIARTL
410.30
396.65
383.00
375.60
369.33
361.90
355.65
342.00
328.35
BPCL
450.75
422.00
393.25
375.50
364.50
346.75
335.75
307.00
278.25
CIPLA
720.90
698.30
675.70
663.80
653.10
641.20
630.50
607.90
585.30
COALINDIA
324.75
312.75
300.75
295.75
288.73
283.70
276.70
264.70
252.70
DRREDDY
2937.40
2771.50
2605.60
2525.30
2439.70
2359.40
2273.80
2107.90
1942.00
EICHERMOT
31464.00
30540.00
29616.00
29308.00
28691.98
28383.95
27767.95
26843.95
25919.95
GAIL
433.45
416.45
399.45
389.90
382.43
372.85
365.40
348.40
331.40
GRASIM
1179.00
1137.00
1095.00
1078.00
1053.00
1036.00
1011.00
969.00
927.00
HCLTECH
1172.65
1120.60
1068.55
1046.00
1016.48
993.90
964.40
912.35
860.30
HDFC
2112.05
2048.40
1984.75
1950.90
1921.08
1887.20
1857.40
1793.75
1730.10 Continued .......
5
Copyright © 2018 Ways2Capital. All rights reserved
27/08/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2220.55
2174.60
2128.65
2099.35
2082.68
2053.35
2036.70
1990.75
1944.80
HEROMOTOCO
3700.75
3552.95
3405.15
3312.60
3257.33
3164.75
3109.50
2961.70
2813.90
HINDALCO
257.00
245.50
234.00
228.30
222.47
216.75
210.95
199.45
187.95
HINDPETRO
313.50
296.80
280.10
269.65
263.37
252.90
246.65
229.95
213.25
HINDUNILVR
1956.60
1897.95
1839.30
1811.30
1780.63
1752.60
1721.95
1663.30
1604.65
IBULHSGFIN
1440.40
1386.00
1331.60
1298.80
1277.20
1244.40
1222.80
1168.40
1114.00
ICICIBANK
378.65
363.50
348.35
339.10
333.20
323.95
318.05
302.90
287.75
INDUSINDBK
2188.35
2109.90
2031.45
1984.45
1952.98
1905.95
1874.50
1796.05
1717.60
INFRATEL
322.75
310.20
297.65
291.35
285.08
278.75
272.50
259.95
247.40
INFY
1490.30
1455.85
1421.40
1400.40
1386.93
1365.90
1352.45
1318.00
1283.55
IOC
182.00
173.15
164.30
159.40
155.45
150.55
146.60
137.75
128.90
ITC
341.60
331.60
321.60
316.15
311.57
306.10
301.55
291.55
281.55
KOTAKBANK
1384.15
1341.90
1299.65
1276.75
1257.37
1234.45
1215.10
1172.85
1130.60
LT
1575.35
1493.45
1411.55
1377.30
1329.63
1295.35
1247.70
1165.80
1083.90
LUPIN
1055.15
1002.35
949.55
928.50
896.73
875.65
843.90
791.10
738.30
M&M
1052.05
1024.10
996.15
982.10
968.18
954.10
940.20
912.25
884.30 Continued .......
6
Copyright © 2018 Ways2Capital. All rights reserved
27/08/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
7
R4
R3
R2
MARUTI
9852.95
9623.45
9393.95
NTPC
193.30
183.25
ONGC
209.20
POWERGRID
R1
PP
S1
S2
S3
S4
9278.50
9164.43
9048.95
8934.90
8705.40
8475.90
173.20
168.65
163.12
158.55
153.05
143.00
132.95
196.70
184.20
179.40
171.70
166.90
159.20
146.70
134.20
217.15
208.15
199.15
194.65
190.12
185.60
181.10
172.10
163.10
RELIANCE
1471.80
1399.50
1327.20
1302.10
1254.87
1229.75
1182.55
1110.25
1037.95
SBIN
334.25
323.70
313.15
306.90
302.58
296.30
292.00
281.45
270.90
SUNPHARMA
711.70
684.90
658.10
643.90
631.30
617.10
604.50
577.70
550.90
TATAMOTORS
320.75
301.05
281.35
268.25
261.62
248.50
241.90
222.20
202.50
TATASTEEL
684.60
650.40
616.20
595.75
582.00
561.55
547.80
513.60
479.40
TCS
2157.35
2115.05
2072.75
2057.20
2030.43
2014.85
1988.10
1945.80
1903.50
TECHM
890.60
830.85
771.10
744.40
711.32
684.60
651.55
591.80
532.05
TITAN
1086.80
1025.80
964.80
925.10
903.80
864.10
842.80
781.80
720.80
ULTRACEMCO
4707.00
4581.00
4455.00
4385.00
4329.00
4259.00
4203.00
4077.00
3951.00
UPL
840.85
775.85
710.85
682.70
645.83
617.65
580.80
515.80
450.80
VEDL
259.05
246.10
233.15
228.35
220.18
215.35
207.20
194.25
181.30
WIPRO
333.20
318.35
303.50
297.30
288.65
282.45
273.80
258.95
244.10
YESBANK
477.10
445.95
414.80
394.45
383.63
363.25
352.45
321.30
290.15
ZEEL
557.70
541.60
525.50
518.20
509.37
502.05
493.25
477.15
461.05
Copyright © 2018 Ways2Capital. All rights reserved
27/08/2018
Open Interest & Price Analysis LONG BUILD-UP
NIFTY OPTIONS OPEN INTEREST ANALYSIS
SHORT COVERING
CHANGE IN OI (In %)
PRICE CHANGE (In %)
CHANGE IN OI (In %)
PRICE CHANGE (In %)
DIVISLAB
29.21%
10.83%
CUMMINSIND
-18.56%
12.32%
PNB
18.01%
2.63%
ADANIENT
-18.26%
2.62%
BHEL
14.27%
8.42%
KSCL
-12.82%
3.97%
AJANTPHARM
13.23%
2.60%
KAJARIACER
-12.43%
16.53%
PEL
11.93%
6.53%
STAR
-9.79%
7.03%
SCRIP
SCRIP
SHORT BUILD-UP
LONG UNWINDING
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
MGL
327.78%
-8.15%
HEXAWARE
172.34%
BPCL
CHANGE IN OI (In %)
PRICE CHANGE (In %)
-
-
-
-12.51%
-
-
-
46.21%
-5.39%
-
-
-
FEDERALBNK
38.03%
-5.44%
-
-
-
JETAIRWAYS
29.42%
-9.02%
-
-
-
8
SCRIP
Copyright © 2018 Ways2Capital. All rights reserved
Analysis : As per the analysis of above chart. Major Resistance Level: 11600 Major Support Levels: 11500 by 11000
27/08/2018
Nifty Analysis Fundamental Outlook
NIFTY WEEKLY PIVOTS
With the help from most of the global markets Our Indian Equity benchmarks started the last week on a positive note and continued its bullish run for next couple of days where it made its life time high of 11620.70. However, the sentiment was hit towards the fag end of the week. No breakthrough in the two-day talks between US and Chinese officials, a weakening Indian currency, and profit-booking around the all-time high levels were among the major factors which amplified uncertainty. The
PARTICULAR
LEVEL
R4
11903.75
R3
11791.80
R2
11679.85
R1
11625.75
PP
11567.90
S1
11513.80
S2
11455.95
S3
11344.00
S4
11232.05
Nifty-50 closed 172.05 points higher closing the festival week on positive note. For the week, the Pharma index rose 4%, the Infrastructure index shot up 4%, the Energy index rose 3.6%, the IT index gained 1.2%, the FMCG index was up 0.8%, the Midcap 100 index was up 0.8%, the Media index was up 0.7%, the Auto index was up 0.7%, and the Metal index edged higher 0.6%. On global front all major indices showed good strength and remained positive throughout the week, specially Asian markets were outperformers including Shanghai , Kospi and Hang-Seng. USD/INR gave closing on 69.91 providing some respite to Indian Rupees after setting its all time in last week. Meanwhile, the Indian economy is expected to grow by around 7.5% in 2018 and 2019, Moody's Investors Service has said. The growth is being supported by strong urban and rural demand and improved industrial activity.
Technical Outlook The Nifty50 snapped four-day winning streak and closed range bound session on a weak note Friday, forming an indecisive pattern known as 'Doji' on the daily candlestick charts, which also resembles 'Spinning Top' kind of pattern. On the weekly scale, the index formed bullish candle. Hence, selling shall get accelerated if it breaches the 39day old ascending channel, whose support is placed around 11,532, which is in progress from the lows of 10,550 levels, "A decisive break-down below the said channel shall open up a new target placed around 11,350 levels 9
Copyright Š 2018 Ways2Capital. All rights reserved
Continued ‌.... 27/08/2018
Nifty Analysis Next trading session a close below 11,498 levels shall confirm the short term down trend there by intensifying
WEEKLY STRATEGY
the selling pressure further which shall eventually lead to the test of 11,340 levels. Resistance levels are placed at 11622 which is all time high for the index.
PARTICULAR ACTION ENTRY PRICE
DETAILS SELL BELOW 11541
TARGET
11421
STOP LOSS
11625
TECHNICAL INDICATOR ANALYSIS INDICATOR
For this week, traders can adopt sell on higher level strategy in it and below the level of 11541. It can test the level of Rs. 11421 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 11625. 10
Copyright © 2018 Ways2Capital. All rights reserved
CURRENT TREND
20 Days EMA
POSITIVE
50 Days EMA
POSITIVE
200 Days EMA
POSITIVE
RSI
POSITIVE
MACD
POSITIVE
STOCHASTIC
POSITIVE Continued ….... 27/08/2018
Bank Nifty Analysis The Nifty Bank index started the last week on positive note on Monday but soon showed profit booking from higher levels as it traded with bearish movement throughout the week, which led index to give closing on sideways note on weekly basis. Going ahead, index has formed some short of double top price pattern on higher levels and if index manages to sustain below the levels of 28000 then it can show some down side movement can test downside levels of 27600-27500. Bank Nifty has crucial resistance of 28386 levels, while 27820 levels remains an important support levels for the Bank Nifty index.
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
DETAILS SELL BELOW 27820
TARGET
27520
STOP LOSS
28010
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
29598.25
R3
29081.90
R2
28565.55
R1
28237.15
PP
28049.20
S1
27720.80
For this week, traders can adopt sell on higher level strategy in it and below the level of 27820. It can test the
S2
27532.85
level of Rs. 27520 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 28010.
S3
27016.50
.
S4
26500.15
11
Copyright Š 2018 Ways2Capital. All rights reserved
27/08/2018
DHFL Cash( Call of the Week ) Technical Outlook
WEEKLY STRATEGY Overall trend of the Stock is bullish for long term . For short-medium term stock is in some correction phase. Last week
PARTICULAR
DETAILS
stock started on positive note and traded with sideways movement throughout the week. Stock has gave breakout of its major resistance levels on daily chart and trading above this levels . It can show good positive move in coming weeks if it
ACTION ENTRY PRICE
manages to trade above 664 levels.
BUY ABOVE 664.00
TARGET
684.00
STOP LOSS
652.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
765.95
R3
732.20
R2
698.45
R1
678.25
PP
664.70
S1
644.50
S2
630.95
For this week, traders can adopt buy on lower level strategy in it and above the level of 664 it can test the level
S3
597.20
of Rs. 684 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 652.
S4
563.45
12
Copyright © 2018 Ways2Capital. All rights reserved
27/08/2018
COAL INDIA Cash ( Call of the Week ) Technical Outlook Overall trend of the Stock is side-ways for long term . For short-medium term stock is in bullish phase . Last week stock started on positive note and traded with bullish movement throughout the week . On daily chart it
WEEKLY STRATEGY PARTICULAR ACTION
DETAILS BUY
has gave breakout of its major trend line. If it manages to trade above 295.50 levels than good up side move can seen in it. In intraday it showed a good positive move.
ENTRY PRICE
ABOVE 445.00
TARGET
462.00
STOP LOSS
435.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
324.70
R3
312.65
R2
300.60
R1
295.75
PP
288.55
S1
283.70
S2
276.50
For this week, traders can adopt buy on lower level strategy in it and above the level of 295.50 it can test the
S3
264.45
level of Rs. 304 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 298.80
S4
252.40
13
Copyright © 2018 Ways2Capital. All rights reserved
27/08/2018
LT FUTURES( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Last week, LT Aug Futures started the week with gap up opening and continued given the up side movement for the entire week. It made a high of 1364 during the week and closed at 1342.40 with the overall gain of 7.50% on weekly basis. Technically it’s recovering from the lower levels with the volume breakout and for this week, we can expect further long unwinding in it.
PARTICULAR ACTION ENTRY PRICE
DETAILS BUY ABOVE 1364
TARGET
1384.00
STOP LOSS
1354.00
WEEKLY PIVOTS
For this week, traders can adopt buy on resistance levels breakout strategy in it and above the level of 1364 it can test the level of Rs. 1384 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 1354
14
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
1574.15
R3
1492.60
R2
1411.05
R1
1376.55
PP
1329.50
S1
1295.00
S2
1247.95
S3
1166.40
S4
1084.85 27/08/2018
SUN TV FUTURES ( Call of the Week ) Last week, SUNTV Aug Futures started the week on negative note and after that it witnessed downside movement at the end of week. It made a high of 811.25 during the week and closed 770.30 with the overall decline of almost 2% on weekly basis. Technically it’s near the support zone and sustaining below the trend line breakout with the negative RSI. For this week, we can expect downside movement in it
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
DETAILS SELL ABOVE 765
TARGET
751.00
STOP LOSS
772.00
WEEKLY PIVOTS
For this week, traders can adopt sell on higher levels strategy in it and below the level of 765 it can test the level of Rs.751 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 772
15
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
912.95
R3
869.70
R2
826.45
R1
798.40
PP
783.20
S1
755.15
S2
739.95
S3
696.70
S4
653.45 27/08/2018
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.
16
Copyright © 2018 Ways2Capital. All rights reserved
27/08/2018
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
17
Copyright © 2018 Ways2Capital. All rights reserved
27/08/2018