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 9TH NOV 18
CURRENCY MARKET UPDATE
WEEKLY CHANGES
WEEKLY % CHANGE
CURRENCY PAIR
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Nifty
10682.20
97.00
0.92%
USDINR
71.9900
72.6425
-0.90%
Nifty 100
10908.20
84.90
0.78%
GBPINR
92.2975
94.6100
-2.44%
Nifty 200
5649.10
34.95
0.62%
EURINR
81.6150
82.5200
-1.10%
Nifty 500
8993.25
46.90
0.52%
JPYINR
63.6125
63.8925
-0.44%
India VIX
18.35
0.58
3.26%
EURUSD
1.1384
1.1358
0.23%
Nifty Bank
26245.55
474.55
1.84%
GBPUSD
1.2862
1.3033
-1.31%
Nifty Auto
9112.35
-165.40
-1.78%
Dollar Index
96.31
96.91
-0.62%
Nifty Finance
11140.05
265.45
2.44%
Nifty FMCG
29153.35
422.30
1.47%
Nifty IT
14473.15
-80.10
-0.55%
Nifty Media
2434.10
-54.40
-2.19%
Nifty Metal
3354.60
-77.30
-2.25%
Nifty Pharma
9301.35
-342.55
-3.55%
Nifty PSU Banks
3002.30
73.85
2.52%
Nifty PVT Bank
14828.45
205.75
222.35
-3.70
Nifty Realty 2
COMMODITY MARKET UPDATE CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
1222.00
1206.40
1.29%
Gold MCX
31007
31016
-0.03%
Crude Oil NYMEX
56.83
60.19
-5.58%
Crude Oil MCX
4074
4362
-6.60%
Brent Oil NYMEX
67.00
70.18
-4.53%
1.41%
Copper MCX
442.90
431.25
2.70%
-1.64%
Natural Gas NYMEX
4.377
3.719
17.69%
COMMODITY Gold COMEX
Copyright © 2018 Ways2Capital. All rights reserved
20/11/2018
Market at a Glance WEEKLY GAINERS SCRIP
CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
Bharti Airtel
333.60
11.78%
547.20
Eicher Motors
24718.80
9.85%
32209.50
322.50
8.68%
540.70
917.95
8.25%
1006.00
3945.00
3.78%
4594.30
BPCL Titan Company Ultratech Cem
WEEKLY LOSERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
Yes Bank
191.30
-16.04%
166.15
Sun Pharma
519.60
-12.80%
434.80
Indiabulls Housing
766.20
-11.10%
640.15
Tata Motors
179.40
-8.19%
164.55
GAIL (India)
342.00
-7.00%
296.00
SCRIP
3
Copyright © 2018 Ways2Capital. All rights reserved
20/11/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
CURRENY
EVENT
FORECAST
PREVIOUS
1.268M
1.241M
Tuesday, November 20, 2018 19:00
USD
Building Permits (Oct) Wednesday, November 21, 2018
19:00
USD
Core Durable Goods Orders (MoM) (Oct)
0.20%
0.10%
19:00
USD
Durable Goods Orders (MoM) (Oct)
-1.80%
0.80%
20:30
USD
Existing Home Sales (MoM) (Oct)
1.00%
-3.40%
20:30
USD
Michigan Consumer Expectations (Nov)
89.1
88.7
20:30
USD
Michigan Consumer Sentiment (Nov)
98.5
98.3
20:30
USD
Existing Home Sales (Oct)
5.23M
5.15M
21:00
USD
Crude Oil Inventories Thursday, November 22, 2018
All Day
USD
United States - Thanksgiving Day
Holiday
Tentative
GBP
Inflation Report Hearings
Holiday
20:15
USD
Manufacturing PMI (Nov)
20:15
USD
Services PMI (Nov)
56
55.7
54.8
54.8
Friday, November 23, 2018
4
All Day
INR
India - Gurunanak Jayanti
Holiday
All Day
USD
United States - Thanksgiving Day - Early close at 13:00
Holiday
Copyright © 2018 Ways2Capital. All rights reserved
20/11/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
ADANIPORTS
437.05
399.90
362.75
348.20
325.58
311.00
288.40
251.25
214.10
ASIANPAINT
1586.05
1470.05
1354.05
1300.55
1238.03
1184.50
1122.00
1006.00
890.00
827.10
747.75
668.40
639.55
589.03
560.15
509.65
430.30
350.95
BAJAJ-AUTO
3287.95
3062.20
2836.45
2747.10
2610.67
2521.30
2384.90
2159.15
1933.40
BAJAJFINSV
6611.80
6229.00
5846.20
5685.75
5463.37
5302.90
5080.55
4697.75
4314.95
BAJFINANCE
2892.40
2724.40
2556.40
2469.85
2388.37
2301.80
2220.35
2052.35
1884.35
BHARTIARTL
382.95
354.05
325.15
313.60
296.25
284.70
267.35
238.45
209.55
BPCL
423.35
379.40
335.45
318.90
291.47
274.90
247.50
203.55
159.60
CIPLA
725.85
689.10
652.35
629.75
615.58
592.95
578.80
542.05
505.30
COALINDIA
360.80
330.50
300.20
280.90
269.88
250.55
239.55
209.25
178.95
3098.30
2891.85
2685.40
2554.35
2478.93
2347.85
2272.45
2066.00
1859.55
29290.15
26910.75
24531.35
23602.75
22151.93
21223.30
19772.50
17393.10
15013.70
472.05
435.35
398.65
384.20
361.95
347.50
325.25
288.55
251.85
GRASIM
1122.70
1023.40
924.10
885.85
824.77
786.50
725.45
626.15
526.85
HCLTECH
1343.90
1231.95
1120.00
1062.30
1008.02
950.30
896.05
784.10
672.15
HDFC
2323.00
2139.15
1955.30
1889.85
1771.45
1706.00
1587.60
1403.75
1219.90
AXISBANK
DRREDDY EICHERMOT GAIL
R2
R1
PP
S1
S2
S3
S4
Continued ....... 5
Copyright © 2018 Ways2Capital. All rights reserved
20/11/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2173.00
2093.05
2013.10
1981.30
1933.13
1901.30
1853.15
1773.20
1693.25
HEROMOTOCO
3543.70
3311.85
3080.00
2988.30
2848.15
2756.45
2616.30
2384.45
2152.60
HINDALCO
319.30
290.80
262.30
251.40
233.78
222.85
205.25
176.75
148.25
HINDPETRO
314.15
287.60
261.05
250.65
234.48
224.05
207.90
181.35
154.80
HINDUNILVR
1981.50
1855.30
1729.10
1683.80
1602.88
1557.55
1476.65
1350.45
1224.25
IBULHSGFIN
1370.05
1185.15
1000.25
935.60
815.33
750.65
630.40
445.50
260.60
ICICIBANK
437.55
407.40
377.25
365.85
347.07
335.65
316.90
286.75
256.60
INDUSINDBK
2141.90
1920.15
1698.40
1620.10
1476.62
1398.30
1254.85
1033.10
811.35
INFRATEL
299.05
287.45
275.85
269.10
264.23
257.45
252.60
241.00
229.40
INFY
846.60
785.15
723.70
693.00
662.23
631.50
600.75
539.30
477.85
IOC
193.95
177.60
161.25
154.75
144.90
138.40
128.55
112.20
95.85
ITC
320.00
306.90
293.80
288.55
280.68
275.40
267.55
254.45
241.35
KOTAKBANK
1291.55
1237.10
1182.65
1157.95
1128.18
1103.45
1073.70
1019.25
964.80
LT
1870.75
1685.00
1499.25
1428.75
1313.48
1242.95
1127.70
941.95
756.20
LUPIN
1079.40
1009.60
939.80
894.85
869.97
825.00
800.15
730.35
660.55
M&M
972.85
904.95
837.05
810.30
769.15
742.40
701.25
633.35
565.45 Continued .......
6
Copyright © 2018 Ways2Capital. All rights reserved
20/11/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
MARUTI
8908.50
8249.50
7590.50
7363.00
6931.48
6703.95
6272.45
5613.45
4954.45
NTPC
175.50
169.70
163.90
160.95
158.10
155.15
152.30
146.50
140.70
ONGC
179.05
171.20
163.35
160.35
155.47
152.45
147.60
139.75
131.90
POWERGRID
227.50
214.00
200.50
195.20
186.98
181.65
173.45
159.95
146.45
RELIANCE
1215.15
1167.30
1119.45
1097.20
1071.58
1049.30
1023.70
975.85
928.00
SBIN
408.75
364.35
319.95
302.65
275.52
258.20
231.10
186.70
142.30
SUNPHARMA
660.45
630.40
600.35
586.10
570.27
556.00
540.20
510.15
480.10
TATAMOTORS
255.75
231.60
207.45
198.90
183.28
174.70
159.10
134.95
110.80
TATASTEEL
721.10
668.05
615.00
594.55
561.93
541.45
508.85
455.80
402.75
TCS
2394.90
2224.65
2054.40
1983.95
1884.13
1813.65
1713.85
1543.60
1373.35
TECHM
1009.00
904.20
799.40
745.15
694.57
640.30
589.75
484.95
380.15
TITAN
1083.30
1006.95
930.60
900.80
854.22
824.40
777.85
701.50
625.15
ULTRACEMCO
5165.60
4661.60
4157.60
3944.20
3653.60
3440.20
3149.60
2645.60
2141.60
UPL
990.05
886.85
783.65
747.55
680.42
644.30
577.20
474.00
370.80
VEDL
289.55
266.05
242.55
234.25
219.03
210.70
195.50
172.00
148.50
WIPRO
377.25
359.25
341.25
329.85
323.23
311.80
305.20
287.20
269.20
YESBANK
323.40
282.25
241.10
225.10
199.92
183.90
158.75
117.60
76.45
ZEEL
545.60
510.30
475.00
458.20
439.68
422.85
404.35
369.05
333.75
7
Copyright © 2018 Ways2Capital. All rights reserved
20/11/2018
Open Interest & Price Analysis LONG BUILD-UP CHANGE IN OI (In %)
PRICE CHANGE (In %)
CHANGE IN OI (In %)
PRICE CHANGE (In %)
APOLLOHOSP
106.09%
7.21%
JETAIRWAYS
-23.88%
25.23%
SIEMENS
79.95%
2.35%
DABUR
-17.34%
4.65%
INDIGO
36.59%
5.60%
BPCL
-15.09%
7.73%
AJANTPHARM
26.77%
3.34%
TECHM
-13.40%
2.62%
CANBK
25.45%
6.76%
BALKRISIND
-12.66%
1.98%
SCRIP
SCRIP
SHORT BUILD-UP
LONG UNWINDING
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
KSCL
76.06%
-5.55%
ASHOKLEY
50.97%
MOTHERSUMI
8
NIFTY OPTIONS OPEN INTEREST ANALYSIS
SHORT COVERING
CHANGE IN OI (In %)
PRICE CHANGE (In %)
JUSTDIAL
-28.94%
-3.83%
-10.82%
HEXAWARE
-16.04%
-3.95%
41.33%
-13.04%
COALINDIA
-14.55%
-1.99%
TATAELXSI
37.64%
-6.68%
HCC
-12.87%
-5.10%
SUNPHARMA
31.84%
-12.90%
MINDTREE
-11.61%
-1.78%
SCRIP
Copyright © 2018 Ways2Capital. All rights reserved
Analysis : As per the analysis of above chart. Major Resistance Level: 10800 followed by 11000 Major Support Levels: 10200 followed 10000 20/11/2018
Nifty Analysis Fundamental Outlook
NIFTY WEEKLY PIVOTS
The Indian Equity market, which remained range-bound for first 3-4 session of the week showed some strength in
PARTICULAR
LEVEL
R4
11365.75
R3
11116.75
R2
10867.75
R1
10777.50
PP
10618.75
S1
10528.50
S2
10369.75
S3
10120.75
S4
9871.75
Friday's trading session to ended the week on a positive note. The Nifty closed close to 0.90 percent higher week on week amid a mixed set of results from India Inc, some appreciation in the rupee, weakening crude oil prices and positive global cues. In the week ended November 16, Nifty rose 0.90 percent to 10,690. On Friday's session Barring metal, all other indices ended in green led by IT, energy, infra and pharma , while Nifty PSU bank index gained 2 percent. Bharti Airtel, Reliance Industries, SBI, HDFC , Grasim , HCLTECH were among the top gainers on weekly basis . On the global and domestic economic front the rupee appreciated around 1 percent and ended at 71.92 to the dollar. Crude oil prices fell by over 4 percent to end at $66.76 per barrel on a weekly basis. The Wholesale Price Index (WPI) for October came in at 5.28 percent, as against 5.13 percent for September. The country's Index of Industrial Production (IIP) for September was at 4.5 percent, as against 4.7 percent for August. The volatility index (India VIX) was up 3.2 percent this week.
Technical Outlook Last week nifty index started on negative note on Monday and showed some sharp selling from higher levels but it recovered soon in Tuesday's trading session and from there on it consolidated in narrow range from 10550 to 10680 in next two trading sessions. Friday's session was dominated by the bulls as index crosses 10700 mark first time since 4 Oct 2018 to give closing the week at 10690 in green note with 0.9% gain on weekly basis 9
Copyright Š 2018 Ways2Capital. All rights reserved
Continued ‌.... 20/11/2018
Nifty Analysis he index formed bullish candle on the daily charts and Hanging Man kind of pattern on the weekly charts. Nifty closing
WEEKLY STRATEGY
above 10,650 levels indicated that bulls are getting an upper hand in the market, so 10,700-10,800 could be next crucial levels. On the downsides, if the index slips below 10,580 levels then it may initially lead to the test of 10,460 in the near term. 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,
PARTICULAR ACTION
DETAILS BUY
followed by 10,800 strikes. ENTRY PRICE
ABOVE 10710
TARGET
10810
STOP LOSS
10650
TECHNICAL INDICATOR ANALYSIS INDICATOR
For this week, traders can adopt buy on lower level strategy in it and above the level of 10,710. It can test the level of Rs. 10,810 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 10,650.
CURRENT TREND
20 Days EMA
NEGATIVE
50 Days EMA
NEGATIVE
200 Days EMA
POSITIVE
RSI
POSITIVE
MACD
POSITIVE
STOCHASTIC
POSITIVE Continued …....
10
Copyright © 2018 Ways2Capital. All rights reserved
20/11/2018
Bank Nifty Analysis Technical Outlook
WEEKLY STRATEGY
The Nifty Bank index started the last week on red note on Monday and showed some selling pressure on its important resistance levels of 25980 levels. From next trading session bank nifty Index remained positive throughout the week as it crossed
PARTICULAR ACTION
DETAILS BUY
its major resistance levels of 26,000 and closed the week at 26,256 levels with green note. Bank Nifty Index has gave breakout of double bottom price pattern on daily chart and also formed a bullish candle on weekly charts. If It manages to hold above the 25,350 than it can moves towards 26,500 and 26,700 levels in next week. On the other side support is placed at 26,000 and 25,600 levels.
ENTRY PRICE
ABOVE 26400
TARGET
27200
STOP LOSS
25990
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 26,440. It can test the level of Rs.
PARTICULAR
LEVEL
R4
28719.35
R3
27814.75
R2
26910.15
R1
26582.00
PP
26005.55
S1
25677.40
S2
25100.95
S3
24196.35
S4
23291.75
27,200 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 25,990. 11
Copyright Š 2018 Ways2Capital. All rights reserved
20/11/2018
VEDL Cash( Call of the Week ) Technical Outlook Overall trend of the Stock is sideways for long term . For short-medium term stock is in consolidation phase . Last week stock started on negative note but good buying was seen in it from lower levels throughout the week. On daily chart it is consolidating on lower levels. If it manages to trade above 213 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 213
TARGET
221.00
STOP LOSS
208.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 213 it can test the level of Rs. 221 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 208.
12
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
235.95
R3
226.05
R2
216.15
R1
211.50
PP
206.25
S1
201.60
S2
196.35
S3
186.45
S4
176.55 20/11/2018
DIVISLAB CASH ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Overall trend of the Stock is bullish for long term . For short term stock is in consolidation 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
PARTICULAR ACTION
DETAILS BUY
higher levels and trading above its major resistance levels of 1530. If it manages to trade above the levels of 1578 than ENTRY PRICE
further upside move can be seen in it
ABOVE 420
TARGET
434.00
STOP LOSS
410.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 1578 it can test the level of Rs. 1624 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 1548.
13
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
1811.25
R3
1720.60
R2
1629.95
R1
1594.25
PP
1539.3
S1
1503.60
S2
1448.65
S3
1358.00
S4
1267.35 20/11/2018
INDIACEM FUTURES( Call of the Week ) Technical Outlook Last week, INDIACEM Nov Futures started the week on negative note and given pullback from trend line level. It made a low of 88.75 during the week and closed at 94.10 with the overall loss of 3.60% on weekly basis. Technically it’s forming Symmetrical Triangle Pattern on the lower levels with the positive RSI and for this week, we can expect upside movement in it.
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
DETAILS BUY ABOVE 96.80
TARGET
99.80
STOP LOSS
94.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
320.65
R3
290.90
R2
261.15
R1
242.85
PP
231.40
S1
213.10
S2
201.65
For this week, traders can adopt buying from Symmetrical Triangle Pattern breakout strategy in it and above the level of
S3
171.90
96.80 it can test the level of 99.80 during the week. Trades can make buy position in it by maintaining a Stop Loss of 94.00
S4
142.15
14
Copyright © 2018 Ways2Capital. All rights reserved
20/11/2018
DHFL FUTURES ( Call of the Week ) Technical Outlook Last week, DHFL Nov Futures started the week on positive note but till the end of the week, all of its earlier gains were erased and it closed at 224.60 with the overall loss of 2.25% on weekly basis. Technically it’s consolidating above the trend line breakout in daily chart with the RSI recovering from the oversold zone and for this week, we can expect upside move-
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
ment in it.
DETAILS BUY ABOVE 234
TARGET
254.00
STOP LOSS
226.00
WEEKLY PIVOTS
For this week, traders can adopt buying from trend line breakout strategy in it and above the level of 234 it can test the level of 254 during the week. Trades can make buy position in it by maintaining a Stop Loss of 226.
15
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
117.55
R3
109.45
R2
101.35
R1
97.75
PP
93.25
S1
89.65
S2
85.15
S3
77.05
S4
68.95 20/11/2018
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
20/11/2018
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
20/11/2018