HIGH BROW MARKET RESEARCH INVESTMENT ADVISOR PRIVATE LIMITED
PHONE: 0731-6554125 | MAIL: SUPPORT@WAYS2CAPITAL.COM | ADD : 515-516, SHAGUN ARCADE,VIJAY NAGAR, INDORE, MP, 452001
Market Wrap–Up MAJOR INDICES
CURRENCY MARKET UPDATE
INDEX
CLOSING AS ON 4TH May 18
WEEKLY % CHANGE
Nifty
10618.25
-74.05
-0.69%
Nifty 100
10986.5
-108.50
Nifty 200
5767.95
Nifty 500 Nifty VIX
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
USDINR
67.0675
66.8950
0.26%
-0.98%
GBPINR
91.0550
92.2475
-1.29%
-64.75
-1.11%
EURINR
80.4850
81.0150
-0.65%
9339.75
-103.90
-1.10%
JPYINR
61.6000
61.2750
0.53%
13.25
1.23
10.23%
EURUSD
1.1941
1.2117
-1.45%
Nifty Bank
25645.4
250.80
0.99%
GBPUSD
1.3512
1.3809
-2.15%
Nifty Auto
11323.70
-258.10
-2.23%
Dollar Index
92.41
91.34
1.17%
Nifty Finance
10735.8
120.90
1.14%
Nifty FMCG
28177.95
-255.55
-0.90%
Nifty IT
13453.3
-341.60
-2.48%
Nifty Media
3316.70
-39.30
-1.17%
Nifty Metal
3633.6
-130.25
-3.46%
Nifty Pharma
8817.45
-169.95
-1.89%
Nifty PSU Banks
2784.4
-30.50
Nifty PVT Bank
14655.70 310.1
Nifty Realty 2
WEEKLY CHANGES
CURRENCY PAIR
COMMODITY MARKET UPDATE COMMODITY
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Gold COMEX
1312.70
1320.30
-0.58%
Gold MCX
31114
31211
-0.31%
Crude Oil NYMEX
69.72
68.10
2.38%
Crude Oil MCX
4668
4547
2.66%
-1.08%
Brent Oil NYMEX
74.87
74.64
0.31%
95.65
0.66%
Copper MCX
457.45
454.00
0.76%
-7.15
-2.25%
Natural Gas NYMEX
2.711
2.771
-2.17%
Copyright © 2018 Ways2Capital. All rights reserved
07/05/2018
Market at a Glance WEEKLY GAINERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
KOTAKBANK
1233.45
3.76%
1288.40
HDFCBANK
1988.50
3.38%
2015.00
HDFC
1910.35
3.05%
1986.05
ADANIPORTS
408.25
1.44%
452.35
TCS
3480.75
0.83%
3560.00
SCRIP
WEEKLY LOSERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
929.85
-10.73%
808.15
29208.40
-7.57%
25555.00
UPL
703.65
-6.72%
672.50
COALINDIA
271.30
-5.39%
233.70
IBULHSGFIN
1249.25
-5.11%
1013.30
SCRIP HCLTECH EICHERMOT
3
Copyright © 2018 Ways2Capital. All rights reserved
07/05/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
4
CURRENY
All Day 4:30 17:55
Currency USD USD
Tentative 12:45 19:30
CNY USD USD
18:00 18:00 20:00
USD USD USD
7:00 7:00 7:00 14:00 16:30 18:00 18:00 18:00 18:00
CNY CNY CNY GBP GBP USD USD USD USD
18:00 18:00
USD USD
EVENT Monday, May 7, 2018 United Kingdom - Early May Bank Holiday FOMC Member Quarles Speaks FOMC Member Bostic Speaks Tuesday, May 8, 2018 Trade Balance (USD) (Apr) Fed Chair Powell Speaks JOLTs Job Openings (Mar) Wednesday, May 9, 2018 Core PPI (MoM) (Apr) PPI (MoM) (Apr) Crude Oil Inventories Thursday, May 10, 2018 CPI (MoM) (Apr) CPI (YoY) (Apr) PPI (YoY) (Apr) Manufacturing Production (MoM) (Mar) BoE Interest Rate Decision (May) Core CPI (YoY) (Apr) Core CPI (MoM) (Apr) CPI (MoM) (Apr) Initial Jobless Claims Friday, May 11, 2018 Export Price Index (MoM) (Apr) Import Price Index (MoM) (Apr) Copyright © 2018 Ways2Capital. All rights reserved
FORECAST
PREVIOUS Holiday
-
-
27.50B
-4.98B
6.020M
6.052M
0.20% 0.20% 4.257M
0.30% 0.30% 6.218M
-0.10% 1.90% 3.40% -0.20% 0.50% 2.20% 0.20% 0.30% 219K
-1.10% 2.10% 3.10% -0.20% 0.50% 2.10% 0.20% -0.10% 211K
0.30% 0.50%
0.30% 0.00% 07/05/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
ADANIPORTS
468.65
447.90
427.15
419.25
406.40
398.50
385.65
364.90
344.15
ASIANPAINT
1350.35
1299.75
1249.15
1217.10
1198.53
1166.45
1147.90
1097.30
1046.70
AXISBANK
603.65
578.25
552.85
541.45
527.42
516.00
502.00
476.60
451.20
BAJAJ-AUTO
3413.30
3260.55
3107.80
3019.40
2955.02
2866.60
2802.25
2649.50
2496.75
BAJAJFINSV
6043.80
5829.05
5614.30
5478.95
5399.55
5264.20
5184.80
4970.05
4755.30
BAJFINANCE
2129.45
2048.75
1968.05
1918.60
1887.32
1837.85
1806.60
1725.90
1645.20
BHARTIARTL
451.80
435.60
419.40
409.35
403.18
393.10
386.95
370.75
354.55
BPCL
450.20
427.75
405.30
391.70
382.83
369.20
360.35
337.90
315.45
CIPLA
710.35
673.45
636.55
614.30
599.63
577.35
562.70
525.80
488.90
COALINDIA
341.30
318.65
296.00
281.30
273.32
258.60
250.65
228.00
205.35
DRREDDY
2301.15
2228.35
2155.55
2110.45
2082.72
2037.60
2009.90
1937.10
1864.30
EICHERMOT
38508.70
35723.90
32939.10
31208.55
30154.28
28423.70
27369.45
24584.65
21799.85
GAIL
369.25
355.80
342.35
337.75
328.90
324.30
315.45
302.00
288.55
GRASIM
1235.85
1184.95
1134.05
1102.30
1083.13
1051.35
1032.20
981.30
930.40
HCLTECH
1452.85
1293.85
1134.85
1031.65
975.82
872.60
816.80
657.80
498.80
HDFC
2106.80
2037.70
1968.60
1936.40
1899.47
1867.25
1830.35
1761.25
1692.15 Continued .......
5
Copyright © 2018 Ways2Capital. All rights reserved
07/05/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2141.75
2083.25
2024.75
2003.70
1966.25
1945.20
1907.75
1849.25
1790.75
HEROMOTOCO
4104.10
3967.50
3830.90
3751.20
3694.28
3614.55
3557.65
3421.05
3284.45
HINDALCO
273.35
260.40
247.45
242.75
234.47
229.75
221.50
208.55
195.60
HINDPETRO
357.45
337.10
316.75
304.30
296.38
283.90
276.00
255.65
235.30
HINDUNILVR
1698.40
1626.00
1553.60
1520.80
1481.20
1448.40
1408.80
1336.40
1264.00
IBULHSGFIN
1552.15
1460.25
1368.35
1308.80
1276.45
1216.90
1184.55
1092.65
1000.75
ICICIBANK
330.45
315.00
299.55
292.65
284.08
277.15
268.60
253.15
237.70
INDUSINDBK
2037.10
1985.00
1932.90
1910.45
1880.77
1858.30
1828.65
1776.55
1724.45
INFRATEL
366.90
351.25
335.60
328.55
319.95
312.90
304.30
288.65
273.00
INFY
1285.00
1252.55
1220.10
1199.80
1187.63
1167.30
1155.15
1122.70
1090.25
IOC
178.80
173.00
167.20
163.70
161.38
157.85
155.55
149.75
143.95
ITC
320.45
307.65
294.85
287.20
282.05
274.40
269.25
256.45
243.65
KOTAKBANK
1523.90
1428.90
1333.90
1284.40
1238.90
1189.40
1143.90
1048.90
953.90
LT
1560.20
1502.75
1445.30
1409.40
1387.83
1351.90
1330.35
1272.90
1215.45
LUPIN
955.65
898.75
841.85
806.90
784.93
749.95
728.00
671.10
614.20
M&M
949.70
921.50
893.30
878.60
865.08
850.35
836.85
808.65
780.45 Continued .......
6
Copyright © 2018 Ways2Capital. All rights reserved
07/05/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
MARUTI
9811.50
9473.50
9135.50
8934.95
8797.47
8596.90
8459.45
8121.45
7783.45
NTPC
191.50
185.10
178.70
174.80
172.28
168.35
165.85
159.45
153.05
ONGC
193.05
189.00
184.95
183.45
180.87
179.35
176.80
172.75
168.70
POWERGRID
224.50
218.65
212.80
210.65
206.93
204.75
201.05
195.20
189.35
RELIANCE
1079.05
1042.80
1006.55
984.20
970.27
947.90
934.00
897.75
861.50
SBIN
277.35
266.40
255.45
250.25
244.48
239.25
233.50
222.55
211.60
SUNPHARMA
616.85
584.05
551.25
530.40
518.43
497.55
485.60
452.80
420.00
TATAMOTORS
406.25
383.75
361.25
348.30
338.72
325.75
316.20
293.70
271.20
TATASTEEL
681.80
650.00
618.20
604.70
586.38
572.85
554.55
522.75
490.95
TCS
3853.10
3725.60
3598.10
3519.70
3470.58
3392.15
3343.05
3215.55
3088.05
TECHM
777.55
739.30
701.05
679.70
662.80
641.45
624.55
586.30
548.05
TITAN
1074.95
1040.50
1006.05
992.20
971.60
957.75
937.15
902.70
868.25
ULTRACEMCO
4513.60
4355.65
4197.70
4109.50
4039.75
3951.55
3881.80
3723.85
3565.90
UPL
916.70
852.00
787.30
750.20
722.58
685.45
657.85
593.15
528.45
VEDL
363.85
338.95
314.05
300.95
289.13
276.00
264.20
239.30
214.40
WIPRO
319.45
304.30
289.15
280.80
274.00
265.65
258.85
243.70
228.55
YESBANK
426.50
401.95
377.40
363.05
352.85
338.50
328.30
303.75
279.20
ZEEL
681.15
652.95
624.75
611.50
596.52
583.25
568.30
540.10
511.90
7
Copyright © 2018 Ways2Capital. All rights reserved
07/05/2018
Open Interest & Price Analysis LONG BUILD-UP CHANGE IN OI (In %)
PRICE CHANGE (In %)
CONCOR
22.81%
3.78%
TATACHEM
UJJIVAN
18.19%
3.45%
KOTAKBANK
12.65%
-
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
-15.97%
3.60%
-
-
-
4.11%
-
-
-
-
-
-
-
-
-
-
-
-
-
SCRIP
LONG UNWINDING
SHORT BUILD-UP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
-19.08%
-2.51%
-
-
-
-6.40%
-
-
-
39.43%
-15.30%
-
-
-
27.80%
-10.84%
-
-
-
CHANGE IN OI (In %)
PRICE CHANGE (In %)
NIITTECH
74.53%
-8.36%
PCJEWELLER
HEXAWARE
73.36%
-12.37%
IGL
47.78%
INDIGO HCLTECH
SCRIP
8
NIFTY OPTIONS OPEN INTEREST ANALYSIS
SHORT COVERING
SCRIP
Copyright © 2018 Ways2Capital. All rights reserved
Analysis : As per the analysis of above chart. Major Resistance Level: 11000 Major Support Levels:- 10500.
07/05/2018
Nifty Analysis NIFTY WEEKLY PIVOTS Fundamental Outlook After 5 weeks of continues bullish run, Indian Equity market ended its positive streak as index closed first time on
PARTICULAR
LEVEL
R4
11139.40
R3
10991.45
R2
10843.50
R1
10751.10
PP
10695.55
S1
10603.15
S2
10547.60
S3
10399.65
S4
10251.70
negative note in last one month on weekly basis. Underperformance in most of the major Global market was the key reason for market to close on negative note. Market is also waiting for a big political event Karnataka Assembly Election which is going to take place next week. On the Economic front USD/INR continues its strong hand as Indian Rupee once again closed on negative note with respect to US Dollar. Nifty P/E ratio was in the range of 26.57 to 26.24 for the past week. On microeconomic front, economic data like Federal Fiscal Deficit, Bank Loan Growth, Cumulative Industrial Production (Mar) , Deposit Growth, Industrial Production (YoY) (Mar), Manufacturing Output (MoM) (Mar) etc. going to release this week which will further provide direction to the market.
Technical Outlook NIFTY May Future started the last week on positive note on Monday but could not continue its bullish run in next trading session as index saw some profit booking from higher levels which led index to close on negative note on weekly basis
Continued ‌.... 9
Copyright Š 2018 Ways2Capital. All rights reserved
07/05/2018
Nifty Analysis Nifty index managed to give closing above its important support levels of 10600. Going ahead if index manages to sustain above the levels of 10650 than further upside movement can seen in it. Major resistance levels are
WEEKLY STRATEGY PERTICULAR
DETAILS
placed at 10780 while down side support is placed at 10600 levels. Action
.
BUY
Entry Price
Above 10700
Target
10850/ 10950
Stop Loss
10598
TECHNICAL INDICATOR ANALYSIS INDICATOR
CURRENT TREND
20 Days EMA
POSITIVE
50 Days EMA
POSITIVE
200 Days EMA
POSITIVE
For this week, traders can adopt buy on lower level strategy in it and above the level of 10700, it can test the RSI
POSITIVE
level of Rs. 10850 & 10950 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. MACD
POSITIVE
STOCHASTIC
10598
POSITIVE Continued …....
10
Copyright © 2018 Ways2Capital. All rights reserved
07/05/2018
Bank Nifty Analysis Last week BANK NIFTY May 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 25753.70 during the week and closed at 25701.15
WEEKLY STRATEGY PERTICULAR
with the overall gain of 1% on weekly basis. We saw almost 8% gain in bank nifty in last 5 week & technically we Action can expect further upside movement in it if it breaks the major resistance level of 25760
DETAILS BUY
Entry Price
Above 25760
Target
26000/ 26100
Stop Loss
25598
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
26676.70
R3
26324.00
R2
25971.30
R1
25836.20
PP
25618.60
S1
25483.50
For this week, if BANK NIFTY May breaks the level of 25760 on the upside, then it can test the level of 26000/
S2
25265.90
26100 during the week. One can make buy position in it by maintaining a SL 25598.00
S3
24913.20
S4
24560.50
11
Copyright © 2018 Ways2Capital. All rights reserved
07/05/2018
PFC CASH ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Last week, PFC Cash started the week on positive note, but till the end of the week, all of its earlier gains were
PERTICULAR
erased and it closed at 84.20 with the overall loss of 2.43% on weekly basis. Technically it’s consolidating on
ACTION
lower levels with the positive bias coupled with the positive divergence in the RSI and for this week, we can
ENTRY PRICE
expect positive movement in it.
DETAILS BUY Above 86.70
TARGET
90.00
STOP LOSS
84.90
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
106.70
R3
99.75
R2
92.80
R1
88.50
PP
85.85
S1
81.55
S2
78.90
For this week, if PFC Cash breaks the level of 86.70 on the upside, then it can test the level of 90 during the
S3
71.95
week. One can make buy position in it by maintaining a SL 84.90
S4
65.00
12
Copyright © 2018 Ways2Capital. All rights reserved
07/05/2018
. HINDALCO
CASH ( Call of the Week )
Technical Outlook
WEEKLY STRATEGY
Last week, HINDALCO Cash witnessed sideways to negative movement for the entire week and closed in nega-
PERTICULAR
DETAILS
tive. Technically it’s consolidating near to major resistance level of 239.00 with the positive RSI and also taking
ACTION
BUY
support of Moving Averages. For this week, we can expect positive movement in it from the lower levels.
ENTRY PRICE
.
TARGET
247.90
STOP LOSS
234.20
Above 239.20
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
268.40
R3
256.25
R2
244.10
R1
237.70
PP
231.95
S1
225.55
S2
219.80
For this week, if HINDALCO Cash breaks the level of 239.20 on the upside, then it can test the level of 247.90
S3
207.65
during the week. One can make buy position in it by maintaining a SL 234.20
S4
195.50
13
Copyright © 2018 Ways2Capital. All rights reserved
07/05/2018
TORNTPOWER FUTURES ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Last week TORNTPOWER May Futures started the week on positive note and after that it witnessed choppy
PERTICULAR
DETAILS
movement for the remaining part of the week. It closed near to the previous week closing with the positive
ACTION
BUY
bias. Technically on daily chart, it has given a good trend line breakout coupled with the consolidation and for
ENTRY PRICE
this week we can expect upside movement in it.
TARGET
251.00
STOP LOSS
239.90
Above 244.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
276.35
R3
265.85
R2
255.35
R1
249.00
PP
244.85
S1
238.50
For this week, if TORNTPOWER May Futures breaks the level of 244.00 on the upside, then it can test the level
S2
234.35
of 251.00 during the week. One can make buy position in it by maintaining a SL 239.90
S3
223.85
S4
213.35
14
Copyright © 2018 Ways2Capital. All rights reserved
07/05/2018
TITAN FUTURES ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Last week TITAN May Futures started the week on positive note and after that it witnessed downside move-
PERTICULAR
DETAILS
ment for the remaining part of the week. It made a low of 956.60 during the week and closed at 964.30 with
ACTION
BUY
the overall loss of 1.33% on weekly basis. Technical Titan in consolidating on higher levels with the positive RSI
ENTRY PRICE
& for this week we can expect upside movement in it.
TARGET
1005.00
STOP LOSS
975.00
Above 985.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
1074.25
R3
1039.70
R2
1005.15
R1
984.70
PP
970.6
S1
950.15
S2
936.05
For this week, if TITAN May Futures breaks the level of 985.00 on the upside, then it can test the level of
S3
901.50
1005.00 during the week. One can make buy position in it by maintaining a SL 975.00
S4
866.95
15
Copyright © 2018 Ways2Capital. All rights reserved
07/05/2018
Disclaimer LEGAL DISCLAIMER (कानन ू ी अस्वीकयण)
:
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. मह दस्तावेज़ Ways2Capital (हाई ब्रो भाकेट अनुसध ं ान ननवेश सराहकाय प्राइवेट लरलभटे ड का एक बाग) द्वाया तैमाय ककमा गमा है | महां ऩय दी गई जानकायी, ववश्रेषण औय अनुभान Ways2Capital इक्ववटी / कभोडडटी अनुसध ं ान के भूलमांकन ऩय आधारयत हैं औय ववश्वसनीम स्रोतों से प्राप्त की गई है | मह दस्तावेज़ केवर इक्छित प्राप्तकताा के उऩमोग के लरए 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. मह दस्तावेज़, सवोत्तभ रूऩ से, Ways2Capital इक्ववटी / कभोडडटीज अनुसंधान का प्रनतननधधत्व कयता है औय साभान्म जानकायी के लरए ही है | Ways2Capital इक्ववटी / कभोडडटीज अनुसंधान, इसके ननदे शकों, अधधकायी मा कभाचायी ककसी बी तयह से संफंधधत साभग्री के लरए क्जम्भेदाय नहीं है।| Ways2Capital इक्ववटी / कभोडडटीज अनुसंधान ककसी बी औय सबी उत्तयदानमत्वों को स्ऩष्ट रूऩ से अस्वीकाय कयता है जो इस संफंध भें सूचना, त्रुटटमों मा चूक से ऩैदा हो सकता है| इस दस्तावेज को ककसी बी प्रनतबूनत मा वस्तु को खयीदने के लरए फेचने मा एक आग्रह के लरए प्रस्ताव के रूऩ भें नहीं भाना 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. उऩयोवत सबी सूचना, स्तय औय सुझाव, Ways2Capital के ववशेषऻ के ऩैनर द्वाया ककए गए तकनीकी औय भौलरक अनुसध ं ान के आधाय ऩय दी गई हैं, रेककन हभ टदए गए सुझावों की त्रुटटमों के लरए कोई दानमत्व स्वीकाय नहीं कयते हैं | वेफसाइट के भाध्मभ से सकपिंग कयने वारे रोगों को अऩनी ऩसंद के उत्ऩाद सेवाओं को चुनने का अधधकाय 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. इक्ववटी / कभोडडटी फाजाय भें कोई बी ननवेश जोखखभ के अधीन होता है, कंऩनी इन सुझावों ऩय ककए गए ककसी बी नुकसान के लरए उत्तयदामी नहीं होगी | मह स्तय बववष्म के कीभतों की गनत का संकेत नहीं दे ते है | वेफसाइट के भाध्मभ से ककसी बी ब्राउक्ज़ंग का अथा है अस्वीकयण की स्वीकृनत।
DISCLOSURE (प्रकटीकयण)
:
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 भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड मा उसके सहमोगी कंऩननमां अनुसंधान रयऩोटा भें शालभर कंऩननमों के साथ कायोफाय नहीं कयती हैं औय न ही ककसी बी तयह के उत्ऩादों / प्रनतबूनतमों के जायीकताा के साथ जुडी हैं, जो मह सुननक्श्चत कयता है कक टहतों के लरए कोई वास्तववक मा संबाववत संघषा नहीं है | ननमाभक ननकाम के अनुऩारन को सुननक्श्चत कयने के लरए हभने मह तम ककमा है कक कंऩनी औय उसके कोई बी प्रनतननधध फाज़ाय भें ट्रे ड नहीं कयें गे।
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
07/05/2018
Disclaimer ग्राहकों को मह सराह दी जाती है कक वे रयऩोटा भें दी गई जानकायी को केवर याम के रूऩ भें दे खें औय ननवेश के लरए स्वमं पैसरा कयें | ग्राहकों को वेफसाइट ऩय प्रकालशत सेवाओं के ननमभों औय शतों को ऩढ़ने औय सभझने की बी सराह दी जाती है | कंऩनी के ननगभन के फाद ननमाभक ननकाम द्वायाकंऩनी के खखराप कोई भुकदभा (माधचका) दामय नहीं ककमा गमा है।
DISCLOSURE APPENDIX (प्रकटीकयण ऩरयलशष्ट ) : 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. रयऩोटा ववश्रेषकों द्वाया तैमाय की गमी है जो द्वाया हाई ब्रो भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड द्वाया ननमुवत हैं | इस रयऩोटा भें व्मवत सबी ववचाय कंऩनी के फाये भें व्मक्वतगत ववचायों को दशााता है औय कंऩननमों औय उनकी प्रनतबूनतमां औय ऺनतऩूनता (भुआवजे) का कोई टहस्सा, मा इस शोध रयऩोटा भें ननटहत ववशेष सुझावों मा ववचायों से प्रत्मऺ मा अप्रत्मऺ रूऩ से संफधं धत नहीं होगा।
DISCLOSURE IN TERMS OF CONFLICT OF INTEREST (टहतों के संघषा के भाभरे भें प्रकटीकयण ): (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 भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड मा उसके सहमोगी मा उनके ककसी बी तत्कार
(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,
(फ)
हाई ब्रो भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड मा उसके सहमोगी मा उनके ककसी बी तत्कार रयश्तेदाय की ववषम कंऩनी की प्रनतबूनतमों भें एक प्रनतशत मा उससे अधधक के वास्तववक / पामदे भंद स्वालभत्व नहीं हैं |
रयश्तेदाय की ववषम कंऩनी भें कोई ववत्तीम रुधच नहीं है औय न ही इस तयह की ववत्तीम टहत की प्रकृनत है|
(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 भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड मा उसके सहमोधगमों को अनुसंधान रयऩोटा के प्रकाशन के सभम मा सावाजननक रूऩ से उऩक्स्थत होने के सभम कोई अन्म बौनतक संघषा नहीं है |
DISCLOSURE IN TERMS OF COMPENSATION ( ऺनतऩूनता के संदबा भें प्रकटीकयण): 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 भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड की ऩॉलरसी अऩने ववश्रेषकों, ऩेशेवयों को ववश्रेषक के ऺेत्र भें ककसी बी कंऩनी की प्रनतबूनतमों के स्वाभी से ववश्रेषकों को रयऩोटा कयने से योकती है। ववश्रेषक ऺनतऩूनता : ववश्रेषक हाई ब्रो भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड के वेतन आधारयत स्थामी कभाचायी है |
DISCLOSURE IN TERMS OF PUBLIC APPEARANCE (सावाजननक प्रकटन के भाभरे भें प्रकटीकयण ) : (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 भाकेट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटे ड मा उसके सहमोगीमों ने
(b)
The subject company is not now or never a client during twelve months preceding the date of distribution of the research report.
वऩिरे 12 भहीनों भें ववषम कंऩनी से कोई भुआवजा प्राप्त नहीं ककमा है |
(ब)
अनुसध ं ान रयऩोटा के ववतयण की नतधथ से ऩूवा फायह भहीनों के दौयान ववषम कंऩनी अफ मा कबी बी ग्राहक नहीं यही 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 भाकेट अनुसध ं ान ननवेश सराहकाय प्राइवेट लरलभटे ड मा उसके सहमोगीमों ने
17
ववषम कंऩनी के अधधकायी, ननदे शक मा कभाचायी के रूऩ भें कबी बी काभ
Copyright © 2018 Ways2Capital. All rights reserved
07/05/2018