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 8th Jun 18
CURRENCY MARKET UPDATE
WEEKLY CHANGES
WEEKLY % CHANGE
CURRENCY PAIR
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Nifty
10767.65
71.45
0.67%
USDINR
67.7300
67.2575
0.70%
Nifty 100
11098.25
84.40
0.77%
GBPINR
90.7650
89.7150
1.17%
Nifty 200
5785.60
45.95
0.80%
EURINR
79.6100
78.8400
0.98%
Nifty 500
9316.25
61.15
0.66%
JPYINR
62.0625
61.6825
0.62%
Nifty VIX
12.70
-0.87
-6.41%
EURUSD
1.1776
1.1698
0.67%
Nifty Bank
26451.35
-241.45
-0.90%
GBPUSD
1.3385
1.3344
0.31%
Nifty Auto
11226.10
149.55
1.35%
Dollar Index
93.54
94.17
-0.67%
Nifty Finance
11003.35
-54.70
-0.49%
Nifty FMCG
28713.50
102.10
0.36%
Nifty IT
13769.8
211.25
1.56%
Nifty Media
3194.35
29.10
0.92%
Nifty Metal
3658.55
90.15
2.53%
Nifty Pharma
8603.95
390.75
Nifty PSU Banks
3019.35
Nifty PVT Bank Nifty Realty 2
COMMODITY MARKET UPDATE COMMODITY
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Gold COMEX
1298.10
1294.80
0.25%
Gold MCX
31170
30909
0.84%
Crude Oil NYMEX
65.74
65.81
-0.11%
4.76%
Crude Oil MCX
4445
4428
0.38%
81.00
2.76%
Brent Oil ICE
76.46
76.79
-0.43%
14990.55
-208.40
-1.37%
Copper MCX
491.25
458.85
7.06%
292.25
1.00
0.34%
Natural Gas NYMEX
2.890
2.962
-2.43%
Copyright © 2018 Ways2Capital. All rights reserved
12/06/2018
Market at a Glance WEEKLY GAINERS SCRIP
CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
SUNPHARMA
528.25
9.06%
608.95
TATAMOTORS
309.95
7.92%
470.75
TATASTEEL
600.50
7.11%
755.49
CIPLA
559.65
6.70%
663.40
DRREDDY
2062.90
6.26%
2787.00
WEEKLY LOSERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
POWERGRID
197.90
-3.91%
189.00
HDFCBANK
2049.35
-2.90%
1600.70
IBULHSGFIN
1203.90
-2.39%
1040.10
LT
1343.95
-2.07%
1107.58
ADANIPORTS
380.50
-1.83%
350.25
SCRIP
3
Copyright © 2018 Ways2Capital. All rights reserved
12/06/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
CURRENY
EVENT
FORECAST
PREVIOUS
0.30%
-0.10%
Monday, June 11, 2018 14:00
GBP
Manufacturing Production (MoM) (Apr) Tuesday, June 12, 2018
14:00
GBP
Average Earnings Index +Bonus (Apr)
2.60%
2.60%
14:00
GBP
Claimant Count Change (May)
11.3K
31.2K
18:00
USD
Core CPI (MoM) (May)
0.20%
0.10%
14:00
GBP
CPI (YoY) (May)
2.50%
2.40%
18:00
USD
PPI (MoM) (May)
0.30%
0.10%
20:00
USD
Crude Oil Inventories
-1.824M
2.072M
23:30
USD
FOMC Economic Projections
-
-
23:30
USD
FOMC Statement
23:30
USD
Fed Interest Rate Decision
Wednesday, June 13, 2018
-
-
2.00%
1.75%
Thursday, June 14, 2018 0:00
USD
FOMC Press Conference
7:30
CNY
Industrial Production (YoY) (May)
6.90%
7.00%
14:00
GBP
Retail Sales (MoM) (May)
0.50%
1.60%
18:00
USD
Core Retail Sales (MoM) (May)
0.50%
0.30%
18:00
USD
Retail Sales (MoM) (May)
0.40%
0.20%
Friday, June 15, 2018
4
Tentative
JPY
BoJ Monetary Policy Statement (YoY)
-
-
Tentative
JPY
BoJ Press Conference
-
-
Copyright © 2018 Ways2Capital. All rights reserved
12/06/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
ADANIPORTS
432.70
415.25
397.80
389.15
380.32
371.65
362.85
345.40
327.95
ASIANPAINT
1431.15
1378.70
1326.25
1302.55
1273.80
1250.10
1221.35
1168.90
1116.45
AXISBANK
614.50
588.75
563.00
550.20
537.22
524.40
511.45
485.70
459.95
BAJAJ-AUTO
3199.65
3093.90
2988.15
2931.10
2882.37
2825.30
2776.60
2670.85
2565.10
BAJAJFINSV
7012.90
6648.10
6283.30
6154.40
5918.50
5789.60
5553.70
5188.90
4824.10
BAJFINANCE
2648.80
2483.85
2318.90
2252.90
2153.93
2087.90
1988.95
1824.00
1659.05
BHARTIARTL
461.55
432.35
403.15
390.35
373.95
361.15
344.75
315.55
286.35
BPCL
481.35
456.55
431.75
420.80
406.92
395.95
382.10
357.30
332.50
CIPLA
680.85
636.00
591.15
575.40
546.27
530.50
501.40
456.55
411.70
COALINDIA
332.80
318.70
304.60
297.25
290.50
283.15
276.40
262.30
248.20
DRREDDY
2401.65
2277.05
2152.45
2107.70
2027.83
1983.05
1903.20
1778.60
1654.00
EICHERMOT
33260.75
32045.55
30830.35
30171.70
29615.13
28956.45
28399.90
27184.70
25969.50
GAIL
396.10
377.15
358.20
350.30
339.22
331.30
320.25
301.30
282.35
GRASIM
1166.35
1121.80
1077.25
1052.95
1032.68
1008.35
988.10
943.55
899.00
HCLTECH
1082.45
1026.60
970.75
949.75
914.88
893.85
859.00
803.15
747.30
HDFC
2005.10
1951.75
1898.40
1869.45
1845.03
1816.05
1791.65
1738.30
1684.95 Continued .......
5
Copyright © 2018 Ways2Capital. All rights reserved
12/06/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2478.45
2344.45
2210.45
2129.90
2076.45
1995.90
1942.45
1808.45
1674.45
HEROMOTOCO
3937.10
3832.55
3728.00
3681.60
3623.43
3577.00
3518.85
3414.30
3309.75
HINDALCO
298.55
280.75
262.95
252.55
245.12
234.70
227.30
209.50
191.70
HINDPETRO
359.80
343.55
327.30
319.30
311.02
303.00
294.75
278.50
262.25
HINDUNILVR
1762.10
1702.45
1642.80
1619.20
1583.12
1559.50
1523.45
1463.80
1404.15
IBULHSGFIN
1567.85
1441.55
1315.25
1259.60
1188.93
1133.25
1062.60
936.30
810.00
ICICIBANK
324.15
311.95
299.75
294.00
287.55
281.80
275.35
263.15
250.95
INDUSINDBK
2159.60
2076.60
1993.60
1941.15
1910.57
1858.10
1827.55
1744.55
1661.55
INFRATEL
334.65
322.00
309.35
303.90
296.68
291.20
284.00
271.35
258.70
INFY
1394.70
1344.70
1294.70
1277.40
1244.68
1227.35
1194.65
1144.65
1094.65
IOC
191.85
185.90
179.95
177.50
173.98
171.50
168.00
162.05
156.10
ITC
285.40
279.95
274.50
271.20
269.02
265.70
263.55
258.10
252.65
KOTAKBANK
1440.45
1398.75
1357.05
1337.70
1315.35
1296.00
1273.65
1231.95
1190.25
LT
1527.05
1468.65
1410.25
1377.10
1351.85
1318.70
1293.45
1235.05
1176.65
LUPIN
1029.75
950.85
871.95
841.00
793.05
762.10
714.15
635.25
556.35
M&M
1005.45
974.35
943.25
927.45
912.15
896.35
881.05
849.95
818.85 Continued .......
6
Copyright © 2018 Ways2Capital. All rights reserved
12/06/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
MARUTI
9664.15
9394.15
9124.15
9028.30
8854.15
8758.30
8584.15
8314.15
8044.15
NTPC
178.50
173.10
167.70
164.60
162.28
159.15
156.85
151.45
146.05
ONGC
191.40
185.20
179.00
176.35
172.77
170.10
166.55
160.35
154.15
POWERGRID
235.55
223.70
211.85
204.90
199.98
193.00
188.10
176.25
164.40
RELIANCE
1135.15
1079.15
1023.15
1003.75
967.15
947.75
911.15
855.15
799.15
SBIN
308.30
295.30
282.30
277.65
269.27
264.60
256.25
243.25
230.25
SUNPHARMA
701.20
637.70
574.20
551.25
510.68
487.70
447.15
383.65
320.15
TATAMOTORS
398.90
366.95
335.00
322.50
303.03
290.50
271.05
239.10
207.15
TATASTEEL
733.40
685.50
637.60
619.05
589.67
571.10
541.75
493.85
445.95
TCS
1877.00
1830.85
1784.70
1765.90
1738.52
1719.70
1692.35
1646.20
1600.05
TECHM
818.65
780.35
742.05
724.50
703.75
686.20
665.45
627.15
588.85
TITAN
1049.70
995.05
940.40
918.20
885.75
863.55
831.10
776.45
721.80
ULTRACEMCO
4018.25
3909.50
3800.75
3757.95
3691.97
3649.15
3583.20
3474.45
3365.70
UPL
811.95
775.80
739.65
726.30
703.48
690.10
667.30
631.15
595.00
VEDL
291.25
276.95
262.65
254.50
248.33
240.15
234.00
219.70
205.40
WIPRO
298.20
285.85
273.50
268.75
261.12
256.35
248.75
236.40
224.05
YESBANK
395.45
377.10
358.75
348.20
340.37
329.80
322.00
303.65
285.30
ZEEL
653.95
620.20
586.45
571.90
552.70
538.15
518.95
485.20
451.45
7
Copyright © 2018 Ways2Capital. All rights reserved
12/06/2018
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 %)
INDIANB
56.12%
10.05%
ARVIND
-27.82%
6.70%
MUTHOOTFIN
29.31%
1.98%
APOLLOHOSP
-23.05%
9.26%
BEML
20.53%
2.81%
BEL
-14.61%
6.25%
MINDTREE
18.81%
2.40%
SUNTV
-14.20%
4.04%
WOCKPHARMA
15.91%
2.96%
HINDZINC
-10.77%
1.92%
SCRIP
SCRIP
LONG UNWINDING
SHORT BUILD-UP SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
STAR
72.20%
-7.38%
KPIT
-15.31%
-4.05%
PCJEWELLER
50.40%
-12.40%
TORNTPHARM
-11.50%
-2.91%
REPCOHOME
37.65%
-5.29%
EQUITAS
-10.71%
-7.01%
NIITTECH
31.60%
-3.15%
-
-
-
PIDILITIND
26.59%
-4.39%
-
-
-
8
Copyright © 2018 Ways2Capital. All rights reserved
Analysis : As per the analysis of above chart. Major Resistance Level: 11000 Major Support Levels: 10600
12/06/2018
Nifty Analysis NIFTY WEEKLY PIVOTS
Fundamental Outlook
PARTICULAR
LEVEL
R4
11490.85
R3
11228.80
R2
10966.75
R1
10857.40
PP
10704.70
S1
10595.35
S2
10442.65
S3
10180.60
S4
9918.55
Last week bench mark index Nifty witnessed choppy movement for the entire week. In the initial part of the week, index corrected sharply from highs and the second half was completely a mirror image of it, however it managed to close at the higher band. The index has been vacillating in a defined range of 10780 – 10558 and during the week, this range was violated (on either sides) by a small margin on an intraday basis. FII DII activity remained contrast to each other for the entire week and failed to create any significant impact on the index movement. Nifty P/E ratio was in the range of 26.92 to 27.27 for the past week, slightly higher than the past couple of weeks. On Macroeconomic front; important data like Repo Rate, Reserve Repo Rate & CRR released last week and created slight pressure on benchmark index due to hike in Repo & Reverse Repo rate. For this week, there is no major data is scheduled for release.
Technical Outlook Nifty future started the last week on negative note and continued its bearish run till Tuesday's trading session. Index showed a good recovery in last three trading sessions due to which it gave closing on slightly positive note on weekly basis. Index registered a bearish reversal formation called Gravestone Doji with a long upper shadow suggesting that bulls encountered selling pressure around its critical resistance point of 10,826 levels.
Continued ….... 9
Copyright © 2018 Ways2Capital. All rights reserved
12/06/2018
Nifty Analysis WEEKLY STRATEGY
Hence, in the next trading sessions bears shall pick up momentum once they manage to push the prices below 10,7760 levels and selling shall get accelerated further on a close below 10,700 levels marking a significant nearterm top around 10,850 going forward. On the options front, maximum Put OI is placed at 10,600 followed by 10,700 strikes while maximum Call OI is placed at 11,000 followed by 10,900 strikes
PARTICULAR Action
DETAILS SELL
Entry Price
Below 10760
Target
10650/ 10600
Stop Loss
10836
TECHNICAL INDICATOR ANALYSIS
For this week, traders can adopt buy on lower level strategy in it and above the level of 10751, it can test the level of Rs. 10890 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 10649. . 10
INDICATOR
CURRENT TREND
20 Days EMA
POSITIVE
50 Days EMA
POSITIVE
200 Days EMA
POSITIVE
RSI
POSITIVE
MACD
POSITIVE
STOCHASTIC
POSITIVE Continued …....
Copyright © 2018 Ways2Capital. All rights reserved
12/06/2018
Bank Nifty Analysis Nifty Bank fut started the last week on negative note and continued its bearish run throughout the week and gave closing on negative note on weekly . If we observe the daily chart of Nifty Bank, it is seen that the index is trading in a rising channel and during last week, the trend line has acted as a good support It is trading below its major resistance levels of 26700 on daily charts and if it manages to trade below these levels than further down-
WEEKLY STRATEGY PARTICULAR Action
DETAILS SELL
Entry Price
BELOW 26400
Target
26205/ 26100
side can be seen in it. Major resistance is placed at 26800 & 27200 levels while support is placed at 26400 & 26100 levels.
Stop Loss
26552
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
28931.85
R3
28111.90
R2
27291.95
R1
26864.95
PP
26472.00
S1
26045.00
For this week, traders can adopt sell on higher level strategy in it and below the level of 26400. It can test the
S2
25652.05
level of Rs. 26205 , 26100 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs.
S3
24832.10
26552.
S4
24012.15
11
Copyright Š 2018 Ways2Capital. All rights reserved
12/06/2018
CEAT LTD CASH ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
CEATLTD is in overall bullish trend and for short term, stock is in some correction phase. Last week stock started the move on negative note and after that traded with sideways throughout the week. Stock is trading near its major resistance levels of 1400 on daily chart with the positive technical indicators and if it manages to
PARTICULAR ACTION ENTRY PRICE
DETAILS BUY Above 1415.00
trade above the levels of 1410, then further upside move can be seen in it. Stock has showed a good positive move on intraday chart.
TARGET
1465.00
STOP LOSS
1387.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
1548.50
R3
1482.45
R2
1416.40
R1
1389.45
PP
1350.35
S1
1323.40
S2
1284.30
For this week, traders can adopt buy on lower level strategy in it and above the level of 1415 it can test the
S3
1218.25
level of Rs. 1465 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 1387
S4
1152.20
12
Copyright © 2018 Ways2Capital. All rights reserved
12/06/2018
BHARTI AIRTEL CASH ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
BHARTIAIRTEL is in currently downtrend but for short term, we can expect positive movement in it. Last week
PARTICULAR
stock started on negative note but from lower levels good buying was seen in the stock on other trading ses-
ACTION
sion of the week. On daily chart stock had given breakout of upward trend line. On intraday chart stock has
ENTRY PRICE
showed good positive movement and if it manages to sustain above 390.00 levels then further buying can be
DETAILS BUY Above 391.00
TARGET
404.00
STOP LOSS
381.00
seen in it.
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
461.55
R3
432.35
R2
403.15
R1
390.35
PP
373.95
S1
361.15
S2
344.75
For this week, traders can adopt buy on lower level strategy in it and above the level of 391.00 it can test the
S3
315.55
level of Rs. 404.00 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 381
S4
286.35
13
Copyright © 2018 Ways2Capital. All rights reserved
12/06/2018
CEAT LTD FUTURES ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
CEATLTD Jun Futures is in overall bullish trend and for short term, stock is in some correction phase. Last week stock started the move on negative note and after that traded with sideways throughout the week. Stock is trading near its major resistance levels of 1400 on daily chart with the positive technical indicators and if it
PARTICULAR ACTION ENTRY PRICE
DETAILS BUY Above 1410.00
manages to trade above the levels of 1410, then further upside move can be seen in it. Stock has showed a good positive move on intraday chart.
TARGET
1470.00
STOP LOSS
1375.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
1556.75
R3
1489.50
R2
1422.25
R1
1394.35
PP
1355.00
S1
1327.10
For this week, traders can adopt buy on lower level strategy in it and above the level of 1410 it can test the
S2
1287.75
level of Rs. 1470 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 1375
S3
1220.50
S4
1153.25
14
Copyright © 2018 Ways2Capital. All rights reserved
12/06/2018
GODREJ IND FUTURES ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
GODREJIND is looking bullish on long term charts. Last week stock started on positive but couldn't maintain the
PERTICULAR
same buying in whole week and stock showed some sideways movement in the remaining part of the week.
ACTION
On daily chart, stock is about to give breakout of upward trend line. On intraday chart stock has showed good
ENTRY PRICE
positive movement and if it manages to sustain above 615.00 levels, then further buying can be seen in it.
DETAILS SELL Below 617.00
TARGET
627.00
STOP LOSS
611.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 617.00, it can test the level of Rs. 627.00 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 611
15
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
671.65
R3
646.95
R2
622.25
R1
610.95
PP
597.55
S1
586.25
S2
572.85
S3
548.15
S4
523.45
12/06/2018
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
12/06/2018
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
12/06/2018