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 31 th Aug 18
CURRENCY MARKET UPDATE
WEEKLY CHANGES
WEEKLY % CHANGE
CURRENCY PAIR
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Nifty
11680.50
123.40
1.07%
USDINR
71.1875
69.9425
1.78%
Nifty 100
12003.10
146.90
1.24%
GBPINR
92.5525
89.9075
2.94%
Nifty 200
6240.55
81.45
1.32%
EURINR
83.0550
81.0250
2.51%
Nifty 500
9992.00
141.20
1.43%
JPYINR
64.2800
62.8175
2.33%
Nifty VIX
12.60
0.19
1.53%
EURUSD
1.1652
1.1597
0.47%
Nifty Bank
28061.75
227.05
0.82%
GBPUSD
1.2976
1.2851
0.97%
Nifty Auto
11009.25
106.25
0.97%
Dollar Index
95.05
95.08
-0.03%
Nifty Finance
11719.05
126.90
1.09%
Nifty FMCG
32911.55
526.00
1.62%
Nifty IT
15811.40
551.35
3.61%
Nifty Media
2840.10
-31.05
-1.08%
Nifty Metal
3643.45
162.25
Nifty Pharma
10390.95
Nifty PSU Banks Nifty PVT Bank Nifty Realty 2
COMMODITY MARKET UPDATE COMMODITY Gold COMEX
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
1206.90
1212.30
-0.45%
Gold MCX
30129
29903
0.76%
4.66%
Crude Oil NYMEX
69.91
68.54
2.00%
329.85
3.28%
Crude Oil MCX
4959
4804
3.23%
3315.50
100.90
3.14%
Brent Oil NYMEX
77.69
75.63
2.72%
15933.20
118.70
0.75%
Copper MCX
423.80
416.25
1.81%
275.85
2.40
0.88%
Natural Gas NYMEX
2.921
2.912
0.31%
Copyright © 2018 Ways2Capital. All rights reserved
04/09/2018
z
Market at a Glance WEEKLY GAINERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
UPL
714.85
9.35%
848.70
HINDALCO
237.40
6.74%
283.95
TECHM
764.60
6.45%
769.75
POWERGRID
200.60
5.11%
224.00
TATASTEEL
601.65
4.55%
755.12
SCRIP
WEEKLY LOSERS SCRIP
CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
YESBANK
343.40
-8.34%
285.10
BAJAJ FINSV
6754.85
-4.34%
4444.00
RELIANCE
1240.95
-2.90%
780.00
EICHERMOTR
28021.50
2.69%
26000.00
372.05
2.17%
279.75
GAIL 3
Copyright © 2018 Ways2Capital. All rights reserved
04/09/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
CURRENY
EVENT
FORECAST
PREVIOUS
Monday, September 3, 2018 All Day
USD
United States - Labor Day USA
Holiday
7:15
CNY
Caixin Manufacturing PMI (Aug)
50.6
50.8
14:00
GBP
Manufacturing PMI (Aug)
53.8
54
Tuesday, September 4, 2018 14:00
GBP
Construction PMI (Aug)
54.9
55.8
19:30
USD
ISM Manufacturing PMI (Aug)
57.7
58.1
53.8
53.5
Wednesday, September 5, 2018 14:00
GBP
Services PMI (Aug) Thursday, September 6, 2018
17:45
USD
ADP Nonfarm Employment Change (Aug)
190K
219K
19:30
USD
ISM Non-Manufacturing PMI (Aug)
56.5
55.7
20:30
USD
Crude Oil Inventories
-
-2.566M
Friday, September 7, 2018
4
18:00
USD
Nonfarm Payrolls (Aug)
190K
157K
18:00
USD
Unemployment Rate (Aug)
3.80%
3.90%
Copyright © 2018 Ways2Capital. All rights reserved
04/09/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
ADANIPORTS
439.40
420.95
402.50
392.55
384.05
374.10
365.60
347.15
328.70
ASIANPAINT
1551.80
1496.35
1440.90
1406.70
1385.43
1351.20
1329.95
1274.50
1219.05
AXISBANK
731.95
705.55
679.15
664.25
652.73
637.80
626.30
599.90
573.50
BAJAJ-AUTO
2978.40
2894.50
2810.60
2782.30
2726.68
2698.35
2642.75
2558.85
2474.95
BAJAJFINSV
8025.85
7638.40
7250.95
7002.00
6863.48
6614.50
6476.00
6088.55
5701.10
BAJFINANCE
3355.75
3202.85
3049.95
2953.00
2897.03
2800.05
2744.10
2591.20
2438.30
BHARTIARTL
434.70
416.10
397.50
390.40
378.88
371.75
360.25
341.65
323.05
BPCL
392.20
381.90
371.60
366.55
361.27
356.20
350.95
340.65
330.35
CIPLA
772.05
734.55
697.05
679.10
659.55
641.60
622.05
584.55
547.05
COALINDIA
335.40
320.25
305.10
295.30
289.95
280.15
274.80
259.65
244.50
DRREDDY
2827.20
2703.25
2579.30
2535.65
2455.35
2411.70
2331.40
2207.45
2083.50
EICHERMOT
33506.80
31758.75
30010.70
28973.35
28262.65
27225.30
26514.60
24766.55
23018.50
GAIL
472.45
440.40
408.35
389.80
376.30
357.75
344.25
312.20
280.15
GRASIM
1176.35
1142.35
1108.35
1089.70
1074.33
1055.65
1040.30
1006.30
972.30
HCLTECH
1162.00
1120.55
1079.10
1061.75
1037.63
1020.25
996.15
954.70
913.25
HDFC
2130.15
2066.80
2003.45
1972.15
1940.10
1908.80
1876.75
1813.40
1750.05 Continued .......
5
Copyright © 2018 Ways2Capital. All rights reserved
04/09/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
HDFCBANK
2192.15
2152.15
2112.15
2086.05
2072.15
2046.05
2032.15
1992.15
1952.15
HEROMOTOCO
3499.40
3413.25
3327.10
3293.20
3240.95
3207.05
3154.80
3068.65
2982.50
HINDALCO
289.60
271.50
253.40
245.65
235.27
227.50
217.15
199.05
180.95
HINDPETRO
296.75
283.25
269.75
261.80
256.23
248.25
242.70
229.20
215.70
HINDUNILVR
1915.35
1868.60
1821.85
1798.95
1775.08
1752.15
1728.30
1681.55
1634.80
IBULHSGFIN
1400.00
1357.20
1314.40
1287.20
1271.60
1244.40
1228.80
1186.00
1143.20
387.35
371.50
355.65
348.65
339.78
332.75
323.90
308.05
292.20
2233.15
2126.50
2019.85
1964.35
1913.17
1857.65
1806.50
1699.85
1593.20
331.00
316.30
301.60
293.70
286.88
278.95
272.15
257.45
242.75
INFY
1643.95
1571.05
1498.15
1469.10
1425.23
1396.15
1352.30
1279.40
1206.50
IOC
168.40
164.05
159.70
157.65
155.35
153.30
151.00
146.65
142.30
ITC
355.20
342.60
330.00
324.80
317.40
312.20
304.80
292.20
279.60
KOTAKBANK
1390.20
1353.50
1316.80
1301.90
1280.10
1265.20
1243.40
1206.70
1170.00
LT
1452.70
1422.70
1392.70
1381.35
1362.67
1351.30
1332.65
1302.65
1272.65
LUPIN
1096.50
1036.70
976.90
954.20
917.10
894.40
857.30
797.50
737.70
M&M
1074.05
1040.20
1006.35
985.85
972.48
951.95
938.60
904.75 870.90 Continued .......
ICICIBANK INDUSINDBK INFRATEL
6
R1
PP
Copyright © 2018 Ways2Capital. All rights reserved
S1
S2
S3
S4
04/09/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
PP
S1
S2
S3
S4
10379.90
9991.90
9603.90
9351.45
9215.87
8963.40
8827.85
8439.85
8051.85
NTPC
201.65
191.10
180.55
176.00
170.00
165.45
159.45
148.90
138.35
ONGC
204.30
195.65
187.00
183.45
178.33
174.75
169.65
161.00
152.35
POWERGRID
232.15
220.80
209.45
205.30
198.10
193.95
186.75
175.40
164.05
RELIANCE
1545.40
1453.00
1360.60
1299.80
1268.18
1207.35
1175.75
1083.35
990.95
SBIN
334.65
325.95
317.25
313.80
308.53
305.05
299.80
291.10
282.40
SUNPHARMA
770.50
727.90
685.30
668.60
642.70
626.00
600.10
557.50
514.90
TATAMOTORS
299.15
287.40
275.65
271.30
263.90
259.55
252.15
240.40
228.65
TATASTEEL
706.90
670.50
634.10
617.25
597.67
580.80
561.25
524.85
488.45
TCS
2239.35
2182.35
2125.35
2101.70
2068.33
2044.65
2011.30
1954.30
1897.30
TECHM
897.85
849.10
800.35
783.20
751.58
734.40
702.80
654.05
605.30
TITAN
973.55
945.10
916.65
904.85
888.18
876.35
859.70
831.25
802.80
ULTRACEMCO
4944.85
4771.85
4598.85
4531.05
4425.83
4358.00
4252.80
4079.80
3906.80
UPL
908.15
837.25
766.35
739.85
695.42
668.90
624.50
553.60
482.70
VEDL
276.95
261.20
245.45
236.90
229.68
221.10
213.90
198.15
182.40
WIPRO
345.75
330.30
314.85
307.75
299.38
292.25
283.90
268.45
253.00
YESBANK
504.35
454.60
404.85
373.95
355.08
324.15
305.30
255.55
205.80
ZEEL
566.65
546.25
525.85
512.90
505.45
492.50
485.05
464.65
444.25
MARUTI
7
R2
R1
Copyright © 2018 Ways2Capital. All rights reserved
04/09/2018
Open Interest & Price Analysis LONG BUILD-UP
NIFTY OPTIONS OPEN INTEREST ANALYSIS
SHORT COVERING
CHANGE IN OI (In %)
PRICE CHANGE (In %)
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
OFSS
47.80%
2.09%
PTC
-38.57%
1.87%
TORNTPHARM
20.03%
2.40%
TVSMOTOR
-37.81%
3.74%
NIITTECH
15.97%
4.85%
ADANIENT
-37.64%
7.54%
-
-
-
BATAINDIA
-34.49%
1.65%
-
-
-
HEXAWARE
-32.82%
2.92%
SCRIP
SHORT BUILD-UP
LONG UNWINDING
CHANGE IN OI (In %)
PRICE CHANGE (In %)
YESBANK
37.57%
-8.22%
LICHSGFIN
29.32%
APOLLOTYRE
CHANGE IN OI (In %)
PRICE CHANGE (In %)
APOLLOHOSP
-24.94%
-1.01%
-8.47%
EXIDEIND
-19.85%
-2.88%
16.53%
-3.49%
AMARAJABAT
-18.84%
-2.28%
EICHERMOT
11.25%
-3.17%
INDUSINDBK
-11.38%
-1.19%
IDEA
10.13%
-5.14%
-
-
-
SCRIP
SCRIP
Analysis : As per the analysis of above
8
Copyright © 2018 Ways2Capital. All rights reserved
chart. Major Resistance Level: 11800 followed by 12000 Major Support Levels: 11600 04/09/2018
Nifty Analysis Fundamental Outlook
NIFTY WEEKLY PIVOTS
The index continues to enjoy its Bull Run despite some in between hiccups. After previous week’s consolidation, we had a head start on Monday by opening higher and in couple of days, hastening beyond milestones of 11600 and
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
11700. However, traders once again chose to take some money off the table and hence, index came off a bit from higher levels thereafter. Although, we did not see a significant move on Friday in terms of gains; it was quite encouraging because index managed to hold its ground and showed some signs of recovery towards the fag end of the week. As far as sectoral moves are concerned, Pharma and Metal have been the outshining pockets and still we expect them to do well in coming days. Apart from this, IT stocks gave some sparkling moves on the First and the last day of week. Do watch out for these spaces along with the midcap universe (especially the cash segment), which is still likely to fetch some decent returns. On the global front The S&P 500 Index added to a fifth monthly gain as investors awaited developments on trade talks. Emerging-market shares extended their slide, while the dollar climbed with Treasuries.
Technical Outlook The Nifty futures started the last week on positive note on Monday and make its new life time high in Tuesday trading session. Index showed some profit booking in last three trading sessions. on weekly basis index is forming Hanging man candlestick pattern.
Continued ….... 9
Copyright © 2018 Ways2Capital. All rights reserved
04/09/2018
Nifty Analysis WEEKLY STRATEGY
But due to lack of clear reversal confirmation it is still looking positive in coming trading sessions. Major resistance is placed at 11800 and close above this levels can extend the bullish leg while down side 11642 will act as a major support for the index.
PARTICULAR ACTION ENTRY PRICE
DETAILS BUY ABOVE 11805
TARGET
11950
STOP LOSS
11699
TECHNICAL INDICATOR ANALYSIS INDICATOR
For this week, traders can adopt buy on lower level strategy in it and above the level of 11805. It can test the level of Rs. 11950 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 11699. 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 ….... 04/09/2018
Bank Nifty Analysis Technical Outlook
WEEKLY STRATEGY
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 flag price pattern on higher levels and if index manages to sustain above the levels of 28400 then it can show further upside movement and can test up side levels
PARTICULAR ACTION ENTRY PRICE
DETAILS BUY ABOVE 28500
TARGET
28750
STOP LOSS
28380
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 buy on lower level strategy in it and above the level of 28500. It can test the
S2
27532.85
level of Rs. 28750 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 28380.
S3
27016.50
S4
26500.15
11
Copyright © 2018 Ways2Capital. All rights reserved
04/09/2018
HINDALCO Cash( Call of the Week ) Technical Outlook Last week, HINDALCO NSE cash started the week on positive note and after that it witnessed sideways move
WEEKLY STRATEGY PARTICULAR
DETAILS
for the most part of the week. It made a high of 237.95 with the overall gain of 7.14% on weekly basis. Technically it’s consolidating on higher levels the positive technical indicators and also sustaining above the trend line breakout. For this week, we can expect further upside movement in it.
ACTION ENTRY PRICE
BUY ABOVE 243.00
TARGET
253.00
STOP LOSS
238.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
289.55
R3
271.45
R2
253.35
R1
245.60
PP
235.25
S1
227.50
S2
217.15
For this week, traders can adopt buy on lower level strategy in it and above the level of 243 it can test the level
S3
199.05
of Rs. 253 during the week. Trades can make buy position in it by maintaining a Stop Loss of 338
S4
180.95
12
Copyright © 2018 Ways2Capital. All rights reserved
04/09/2018
BHARAT FORGE Cash ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Last week, BHARATFORG NSE cash started the week on positive note and continued the same for entire week. It made a high of 685 during the week and closed at 679.05 with the overall gains of 4.93% on weekly basis. Technically it’s forming good reversal pattern on the chart with the positive RSI & for this week, we can expect
PARTICULAR ACTION ENTRY PRICE
DETAILS BUY ABOVE 445.00
further upside movement in it. TARGET
462.00
STOP LOSS
435.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 690 it can test the level of 711 during the week. Trades can make buy position in it by maintaining a Stop Loss of 678. 13
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
788.20
R3
748.75
R2
709.30
R1
694.15
PP
669.85
S1
654.70
S2
630.40
S3
590.95
S4
551.50 04/09/2018
DIVISLAB FUTURES( Call of the Week ) Technical Outlook Last week, DIVISLAB NSE Futures started the week on negative note and after that it witnessed choppy move for the entire week. It made a high of 1336.90 during the week and closed at 1316.70 with the overall gain of
WEEKLY STRATEGY PARTICULAR ACTION
DETAILS BUY
1.00% on weekly basis. Technically DIVISLAB is in bullish trend on the charts and sustaining above the major psychological support level of 1200. For this week we can expect further upside movement in it.
ENTRY PRICE
ABOVE 1337.00
TARGET
1354.90
STOP LOSS
1329.50
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 1337 it can test the level of 1354.90 during the week. Trades can make buy position in it by maintaining a Stop Loss of 1329.50
14
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
1516.55
R3
1446.65
R2
1376.75
R1
1346.70
PP
1306.85
S1
1276.80
S2
1236.95
S3
1167.05
S4
1097.15 04/09/2018
ACC FUTURES ( Call of the Week ) Technical Outlook ACC NSE Futures started the week on negative note and after that it witnessed choppy move for the entire week. It made a high of 1677 during the week and closed at near to previous week closing at 1652.90. Techni-
WEEKLY STRATEGY PARTICULAR ACTION
DETAILS BUY
cally ACC is in bullish trend on the charts and it witnessed more than 30% gains in past 1 month. Currently its sustaining above the major psychological resistance level of 1600 and for this week we can expect further upside movement in it.
ENTRY PRICE
ABOVE 1670.00
TARGET
1699.50
STOP LOSS
1656.90
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
1831.25
R3
1770.40
R2
1709.55
R1
1681.25
PP
1648.70
S1
1620.40
For this week, traders can adopt buy on lower level strategy in it and above the level of 1670 it can test the
S2
1587.85
level of 1699.50 during the week. Trades can make buy position in it by maintaining a Stop Loss of 1656.90
S3
1527.00
S4
1466.15
15
Copyright © 2018 Ways2Capital. All rights reserved
04/09/2018
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
04/09/2018
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
04/09/2018