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 22ND NOV18
CURRENCY MARKET UPDATE
WEEKLY CHANGES
WEEKLY % CHANGE
CURRENCY PAIR
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Nifty
10526.75
-155.45
-1.48%
USDINR
70.8050
71.9900
-1.65%
Nifty 100
10761.40
-146.80
-1.36%
GBPINR
91.1575
92.2975
-1.24%
Nifty 200
5575.95
-73.15
-1.31%
EURINR
80.9100
81.6150
-0.86%
Nifty 500
8879.00
-114.25
-1.29%
JPYINR
62.7200
63.6125
-1.40%
India VIX
19.16
0.81
4.23%
EURUSD
1.1414
1.1384
0.26%
Nifty Bank
25999.45
-246.10
-0.95%
GBPUSD
1.2880
1.2862
0.14%
Nifty Auto
9062.65
-49.70
-0.55%
Dollar Index
95.85
96.31
-0.48%
Nifty Finance
10994.20
-145.85
-1.33%
Nifty FMCG
29244.10
90.75
0.31%
Nifty IT
13835.70
-637.45
-4.61%
Nifty Media
2467.90
33.80
1.37%
Nifty Metal
3214.75
-139.85
Nifty Pharma
9302.30
Nifty PSU Banks Nifty PVT Bank Nifty Realty 2
COMMODITY MARKET UPDATE COMMODITY
CURRENT CLOSING
PREVIOUS CLOSING
Gold COMEX
1223.40
1222.00
0.11%
Gold MCX
30495
31007
-1.65%
-4.35%
Crude Oil NYMEX
50.42
56.83
-11.28%
0.95
0.01%
Crude Oil MCX
3623
4074
-11.07%
2916.85
-85.45
-2.93%
Brent Oil NYMEX
59.22
67.00
-11.61%
14696.60
-131.85
-0.90%
Copper MCX
429.85
442.90
-2.95%
226.55
4.20
1.85%
Natural Gas NYMEX
4.309
4.272
0.87%
Copyright © 2018 Ways2Capital. All rights reserved
WEEKLY % CHANGE
26/11/2018
Market at a Glance WEEKLY GAINERS SCRIP Bharti Airtel Adani Ports Dr. Reddys Labs
CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
327.25
7.72%
547.20
367.00
6.28%
451.55
2601.95
5.69%
2687.45
Grasim
844.00
4.51%
1258.40
Zee
457.95
3.50%
619.35
WEEKLY LOSERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
Indiabulls Housing
707.00
-12.09%
640.15
Tata Steel
539.00
-8.43%
493.50
Hindalco
217.20
-6.94%
192.50
JSW Steel
320.95
-6.74%
237.90
Indian Oil Corp.
138.20
-5.95%
105.65
SCRIP
3
Copyright © 2018 Ways2Capital. All rights reserved
26/11/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
CURRENY
EVENT
FORECAST
PREVIOUS
-
-
136.2
137.9
Tuesday, November 27, 2018 0:00
GBP
BoE Gov Carney Speaks
20:30
USD
CB Consumer Confidence (Nov) Wednesday, November 28, 2018
19:00
USD
GDP (QoQ) (Q3)
3.60%
3.50%
20:30
USD
New Home Sales (Oct)
578K
553K
21:00
USD
Crude Oil Inventories
-
4.851M
22:30
USD
FOMC Member Powell Speaks
-
-
Thursday, November 29, 2018 20:30
USD
Pending Home Sales (MoM) (Oct)
0.80%
0.50%
19:00
USD
Core PCE Price Index (MoM) (Oct)
0.20%
0.20%
19:00
USD
Core PCE Price Index (YoY) (Oct)
2.00%
2.00%
Friday, November 30, 2018
4
0:30
USD
FOMC Meeting Minutes
-
-
6:30
CNY
Manufacturing PMI (Nov)
50.6
50.2
6:30
CNY
Non-Manufacturing PMI (Nov)
-
53.9
17:30
INR
GDP Quarterly (YoY) (Q2)
0.076
0.082
Copyright © 2018 Ways2Capital. All rights reserved
26/11/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
ADANIPORTS
400.90
389.35
377.80
373.15
366.25
361.60
354.70
343.15
331.60
ASIANPAINT
1384.95
1363.00
1341.05
1329.40
1319.07
1307.40
1297.10
1275.15
1253.20
AXISBANK
670.60
653.30
636.00
625.30
618.70
608.00
601.40
584.10
566.80
BAJAJ-AUTO
2730.80
2687.60
2644.40
2621.60
2601.20
2578.40
2558.00
2514.80
2471.60
BAJAJFINSV
6460.90
6234.65
6008.40
5864.30
5782.13
5638.00
5555.85
5329.60
5103.35
BAJFINANCE
2679.30
2584.50
2489.70
2429.75
2394.87
2334.90
2300.05
2205.25
2110.45
BHARTIARTL
385.10
366.70
348.30
338.35
329.87
319.90
311.45
293.05
274.65
BPCL
353.00
342.55
332.10
325.70
321.62
315.20
311.15
300.70
290.25
CIPLA
558.10
544.85
531.60
524.90
518.32
511.60
505.05
491.80
478.55
COALINDIA
273.95
268.65
263.35
260.00
258.05
254.70
252.75
247.45
242.15
DRREDDY
2733.20
2689.10
2645.00
2626.15
2600.87
2582.00
2556.75
2512.65
2468.55
EICHERMOT
25778.25
25238.30
24698.35
24376.80
24158.38
23836.80
23618.40
23078.45
22538.50
GAIL
367.70
360.30
352.90
348.40
345.48
340.95
338.05
330.65
323.25
GRASIM
925.25
900.00
874.75
858.40
849.48
833.10
824.20
798.95
773.70
HCLTECH
1065.30
1038.70
1012.10
995.60
985.48
968.95
958.85
932.25
905.65
HDFC
1944.50
1921.95
1899.40
1887.05
1876.85
1864.50
1854.30
1831.75
1809.20 Continued .......
5
Copyright © 2018 Ways2Capital. All rights reserved
26/11/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2118.35
2083.50
2048.65
2027.45
2013.80
1992.60
1978.95
1944.10
1909.25
HEROMOTOCO
3161.95
3079.40
2996.85
2956.45
2914.28
2873.85
2831.70
2749.15
2666.60
HINDALCO
246.20
237.40
228.60
223.10
219.78
214.25
210.95
202.15
193.35
HINDPETRO
268.80
260.30
251.80
247.05
243.27
238.50
234.75
226.25
217.75
HINDUNILVR
1802.70
1762.00
1721.30
1698.15
1680.57
1657.40
1639.85
1599.15
1558.45
IBULHSGFIN
801.60
771.80
742.00
724.20
712.17
694.35
682.35
652.55
622.75
ICICIBANK
376.30
368.80
361.30
356.60
353.80
349.10
346.30
338.80
331.30
INDUSINDBK
1662.85
1620.90
1578.95
1552.00
1536.98
1510.00
1495.00
1453.05
1411.10
INFRATEL
313.50
294.10
274.70
266.45
255.27
247.00
235.85
216.45
197.05
INFY
656.15
644.75
633.35
627.10
621.92
615.65
610.50
599.10
587.70
IOC
152.45
148.15
143.85
141.05
139.52
136.70
135.20
130.90
126.60
ITC
296.10
291.20
286.30
283.15
281.37
278.20
276.45
271.55
266.65
KOTAKBANK
351.00
341.40
331.80
326.25
322.20
316.65
312.60
303.00
293.40
LT
1216.35
1201.95
1187.55
1178.70
1173.13
1164.25
1158.70
1144.30
1129.90
LUPIN
1478.30
1455.00
1431.70
1420.60
1408.38
1397.25
1385.05
1361.75
1338.45
M&M
843.55
813.70
783.85
764.90
753.98
735.00
724.10
694.25
664.40 Continued .......
6
Copyright © 2018 Ways2Capital. All rights reserved
26/11/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
MARUTI
7766.85
7648.05
7529.25
7459.65
7410.42
7340.80
7291.60
7172.80
7054.00
NTPC
155.15
152.35
149.55
147.85
146.72
145.00
143.90
141.10
138.30
ONGC
160.65
158.00
155.35
153.70
152.67
151.00
150.00
147.35
144.70
POWERGRID
198.15
192.25
186.35
183.05
180.42
177.10
174.50
168.60
162.70
RELIANCE
1184.30
1159.05
1133.80
1116.95
1108.52
1091.65
1083.25
1058.00
1032.75
SBIN
300.15
294.70
289.25
285.95
283.77
280.45
278.30
272.85
267.40
SUNPHARMA
550.65
542.90
535.15
530.00
527.37
522.20
519.60
511.85
504.10
TATAMOTORS
196.70
192.30
187.90
185.20
183.47
180.75
179.05
174.65
170.25
TATASTEEL
590.00
574.55
559.10
549.10
543.62
533.60
528.15
512.70
497.25
TCS
1937.55
1899.90
1862.25
1839.25
1824.58
1801.55
1786.90
1749.25
1711.60
TECHM
768.15
743.60
719.05
703.55
694.48
678.95
669.90
645.35
620.80
TITAN
984.20
962.60
941.00
927.00
919.40
905.40
897.80
876.20
854.60
ULTRACEMCO
4313.30
4202.30
4091.30
4021.55
3980.27
3910.50
3869.25
3758.25
3647.25
UPL
818.40
805.10
791.80
785.40
778.50
772.10
765.20
751.90
738.60
VEDL
217.90
212.30
206.70
203.20
201.08
197.55
195.45
189.85
184.25
WIPRO
349.15
336.35
323.55
315.50
310.73
302.65
297.90
285.10
272.30
YESBANK
225.65
216.45
207.25
201.45
198.05
192.25
188.85
179.65
170.45
ZEEL
513.35
493.10
472.85
465.05
452.57
444.75
432.30
412.05
391.80
7
Copyright © 2018 Ways2Capital. All rights reserved
26/11/2018
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 %)
DALMIABHA
86.13%
4.34%
CHOLAFIN
-15.69%
3.53%
MRF
15.82%
2.79%
SRF
-13.85%
1.83%
ALBK
14.38%
4.25%
EXIDEIND
-13.36%
1.70%
PIDILITIND
13.18%
3.51%
DABUR
-12.06%
1.43%
JPASSOCIAT
12.59%
6.02%
-
-
-
SCRIP
SCRIP
SHORT BUILD-UP
LONG UNWINDING
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
IOC
45.02%
-3.86%
HCC
-26.10%
-17.56%
SIEMENS
40.72%
-6.50%
UBL
-13.63%
-1.61%
ACC
37.54%
-3.03%
DIVISLAB
-12.38%
-1.56%
AMARAJABAT
26.50%
-1.90%
BANKINDIA
-11.60%
-2.71%
NTPC
23.63%
-5.00%
-
-
-
8
Copyright © 2018 Ways2Capital. All rights reserved
Analysis : As per the analysis of above chart. Major Resistance Level: 10700 followed by 11000 Major Support Levels: 10000 26/11/2018
Nifty Analysis Fundamental Outlook Last week our Indian Equity market opened on a gap up note but Nifty failed to hold on to its important resistance levels of 10700 and saw a sharp correction in the last 3 trading session that dragged the index below 10,550. The Nifty index closed at the week’s low level of 10,511 down by almost 1.46 %. Broad-based selling was seen in cement, pharma, technology and metal
NIFTY WEEKLY PIVOTS PARTICULAR
LEVEL
R4
11307.70
R3
11070.25
R2
10832.80
R1
10678.75
PP
10595.35
S1
10441.30
S2
10357.90
S3
10120.45
S4
9883.00
stocks that kept indices under pressure. Selective buying interest was seen in auto and banking sector but in Thursday’s trade, ahead of Bank Nifty weekly expiry, profit booking was seen in banking share . With the election season kicking off with a poll in Chhattisgarh, politics will take center stage for Indian Equity markets for a couple of weeks, investors will be keenly watching these elections as they can provide a clue to the mood of the country for upcoming general elections. Polls in Chhattisgarh is already over. Polling in Madhya Pradesh and Mizoram will be held on November 28, while Rajasthan and Telangana will vote on December 7. On global Economic front The rupee closed at 70.69 to the dollar, the highest level since August 29, 2018, The Indian currency gained 219 paise or 3 percent against the US dollar in seven trading sessions as the US dollar weakened against some currencies overseas. Brent crude futures, the international benchmark for oil prices, fell over a percent to trade around $62.77 a barrel amid global growth concerns and rising US crude inventories, at the time of writing this article.
Technical Outlook Last week nifty index started with gap up note on Monday and made a intraday high of 10779.40 first time since 4 Oct 2018 and remained positive for day.But it could not hold on higher levels in next three remaining trading session as it tumbled more than 200 points to give closing in red note on weekly basis with loss of 1.46%.
Continued ….... 9
Copyright © 2018 Ways2Capital. All rights reserved
26/11/2018
Nifty Analysis On the weekly charts, we have seen a ‘Bearish Engulfing’ kind of formation as the candle body completely engulfed the can-
WEEKLY STRATEGY
dle body of preceding week thereby making the weakness to get more pronounced. However, in between support can be expected around 10,460 levels breach of which shall accelerate the selling pressure further . The larger trend is down and completely in favor of bears there seems to be a critical support on the long-term charts around 10,290 levels where bulls
PARTICULAR ACTION
DETAILS SELL
may put up a strong fight. On the option front, maximum Put OI is seen at 10,000, followed by 10,200 strikes. Maximum Call OI is seen at 11,000, followed by 10,700 strikes.
ENTRY PRICE
BELOW 10500
TARGET
10410
STOP LOSS
10560
TECHNICAL INDICATOR ANALYSIS INDICATOR
For this week, traders can adopt sell on higher level strategy in it and below the level of 10,500. It can test the level of Rs. 10,410 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 10,560.
CURRENT TREND
20 Days EMA
NEGATIVE
50 Days EMA
NEGATIVE
200 Days EMA
NEGATIVE
RSI
NEGATIVE
MACD
NEGATIVE
STOCHASTIC
NEGATIVE Continued …....
10
Copyright © 2018 Ways2Capital. All rights reserved
26/11/2018
Bank Nifty Analysis Technical Outlook
WEEKLY STRATEGY
The Nifty Bank index started the last week on red note on Monday and showed some volatile sessions throughout the week .The bank nifty index made a trading range of 25959 to 26409 in the past week. Thursday's session was seen with full
PARTICULAR ACTION
DETAILS SELL
of selling from higher levels which accounted to give index closing in red note on weekly basis with 0.59% loss. Bank Nifty Index has gave breakout of double bottom price pattern on daily chart and trading above its important support levels of
ENTRY PRICE
BELOW 25990
25900. But If It manages to close below 25900 than it can moves towards 25700 and 25400 levels down side in next week.
TARGET
25490
On the other side resistance is placed at 26410 .
STOP LOSS
26340
WEEKLY PIVOTS
For this week, traders can adopt sell on higher level strategy in it and below the level of 25990. It can test the level of Rs.
PARTICULAR
LEVEL
R4
27482.55
R3
27029.45
R2
26576.35
R1
26289.90
PP
26123.25
S1
25836.80
S2
25670.15
S3
25217.05
S4
24763.95
25490 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 26340. 11
Copyright Š 2018 Ways2Capital. All rights reserved
26/11/2018
IRB Cash( Call of the Week ) Technical Outlook Overall trend of the Stock is bearish for long term . For short-medium term stock is in recovery phase . Last week stock started on positive note and showed good buying from lower levels throughout the week. On daily chart it has gave breakout of its major trend line. If it manages to trade above 147 levels than further upside move can be seen in it. In intraday it showed a good positive move.
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
DETAILS BUY ABOVE 147
TARGET
154.00
STOP LOSS
143.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 147 it can test the level of Rs. 154 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 143.
12
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
177.35
R3
165.15
R2
152.95
R1
147.15
PP
140.75
S1
134.95
S2
128.55
S3
116.35
S4
104.15 26/11/2018
ASIAN PAINT CASH ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Overall trend of the Stock is bullish for long term . For short term stock is correction phase. Last week, it started on negative note and traded with sideways movement throughout the week. On daily chart it has formed a flag pattern on higher
PARTICULAR ACTION
DETAILS BUY
levels and trading above its major resistance levels of 1330. If it manages to trade above the levels of 1355 than further ENTRY PRICE
upside move can be seen in it
ABOVE 1355
TARGET
1395.00
STOP LOSS
1329.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 1355 it can test the level of Rs. 1395 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 1329.
13
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
1433.95
R3
1396.15
R2
1358.35
R1
1336.40
PP
1320.55
S1
1298.60
S2
1282.75
S3
1244.95
S4
1207.15 26/11/2018
MARUTI FUTURES( Call of the Week ) Technical Outlook Last week, MARUTI Nov Futures started the week on positive note and after that it witnessed sideways movement for the remaining part of the week. It made a high of 7475 during the week and closed above the psychological level of 7400 with the marginal gain of almost 1% on weekly basis. Technical it’s consolidating above the major psychological resistance level of 7400 with the RSI trading near to 50 and for this week, we can expect upside movement in it.
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
DETAILS BUY ABOVE 7530
TARGET
7630.00
STOP LOSS
7470.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
8423.75
R3
8058.70
R2
7693.65
R1
7547.25
PP
7328.60
S1
7182.20
S2
6963.55
For this week, traders can adopt buying from consolidation breakout strategy in it and above the level of 7530 it can test
S3
6598.50
the level of 7630 during the week. Trades can make buy position in it by maintaining a Stop Loss of 7470.
S4
6233.45
14
Copyright © 2018 Ways2Capital. All rights reserved
26/11/2018
CESC FUTURES ( Call of the Week ) Technical Outlook Last week, CESC Nov Futures started the week on negative note and after that it witnessed sideways movement for the remaining part of the week. It made a low of 679.05 during the week and closed near to previous week’s closing at 686. Technical it’s consolidating in the range of 708 – 670 from last one month and for this week, we can expect major consoli-
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
dation breakout in it.
DETAILS SELL BELOW 675
TARGET
655.00
STOP LOSS
695.00
WEEKLY PIVOTS
For this week, traders can adopt sell from consolidation breakout strategy in it and below the level of 675 it can test the level of 645 during the week. Trades can make sell position in it by maintaining a Stop Loss of 695.
15
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
739.80
R3
722.50
R2
705.20
R1
696.30
PP
687.90
S1
679.00
S2
670.60
S3
653.30
S4
636.00 26/11/2018
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
26/11/2018
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
26/11/2018