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
CURRENCY MARKET UPDATE
WEEKLY CHANGES
WEEKLY % CHANGE
CURRENCY PAIR
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Nifty
11470.75
41.25
0.36%
USDINR
70.3100
68.9925
1.91%
Nifty 100
11747.2
39.85
0.34%
GBPINR
89.3700
88.1875
1.34%
Nifty 200
6105.50
29.80
0.49%
EURINR
80.0150
79.2175
1.01%
Nifty 500
9770.2
45.75
0.47%
JPYINR
63.4375
62.2375
1.93%
Nifty VIX
13.16
0.31
2.41%
EURUSD
1.1403
1.1444
-0.36%
Nifty Bank
28128.55
4.30
0.02%
GBPUSD
1.2743
1.2745
-0.02%
Nifty Auto
10878.70
39.25
0.36%
Dollar Index
96.00
96.22
-0.23%
Nifty Finance
11621.65
-147.10
-1.25%
Nifty FMCG
32340.05
865.15
2.75%
Nifty IT
15126.4
447.15
3.05%
Nifty Media
2845.30
-57.90
-1.99%
Nifty Metal
3394.1
-40.65
Nifty Pharma
9693.85
Nifty PSU Banks Nifty PVT Bank Nifty Realty 2
CLOSING AS ON 17 th Aug 18
COMMODITY MARKET UPDATE COMMODITY
CURRENT CLOSING
PREVIOUS CLOSING
Gold COMEX
1191.80
1211.10
-1.59%
Gold MCX
29349
29783
-1.46%
-1.18%
Crude Oil NYMEX
65.91
67.63
-2.54%
555.60
6.08%
Crude Oil MCX
4571
4642
-1.53%
3222.05
-28.80
-0.89%
Brent Oil NYMEX
71.80
72.81
-1.39%
16027.55
84.95
0.53%
Copper MCX
407.65
419.60
-2.85%
276.05
3.75
1.38%
Natural Gas NYMEX
2.946
2.944
0.07%
Copyright © 2018 Ways2Capital. All rights reserved
WEEKLY % CHANGE
20/08/2018
Market at a Glance WEEKLY GAINERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
SUN PHARMA
623.30
9.22%
633.25
LUPIN
879.35
7.14%
1090
686.80
6.27%
729
2363.35
5.74%
2611.8
1003.45
4.77%
1106.6
SCRIP
TECH MAHINDRA DR. REDDYS LABS HCL TECH
WEEKLY LOSERS SCRIP
3
Copyright © 2018 Ways2Capital. All rights reserved
CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
VEDANTA
215.00
-6.72%
200.75
INDIABULLS HOUSING
1268.45
-6.01%
1080.45
SBIN
302.00
-4.57%
232
HINDPETRO
267.55
-4.51%
251.1
HDFC
1888.90
-4.48%
1638 20/08/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
CURRENY
EVENT
FORECAST
PREVIOUS
Wednesday, August 22, 2018 Holiday
INR
India - Eid al-Adha
All Day
2:00
USD
API Weekly Crude Oil Stock
-
3.660M
Tentative
GBP
Inflation Report Hearings
-
-
19:30
USD
Existing Home Sales (MoM) (Jul)
1.20%
-0.60%
19:30
USD
Existing Home Sales (Jul)
5.40M
5.38M
20:00
USD
Crude Oil Inventories
-
6.805M
20:00
USD
Cushing Crude Oil Inventories
-
1.643M
23:30
USD
FOMC Meeting Minutes
-
-
18:00
USD
Initial Jobless Claims
215K
212K
Tentative
USD
Jackson Hole Symposium
-
-
19:15
USD
Manufacturing PMI (Aug)
55.1
55.3
19:15
USD
Markit Composite PMI
-
55.7
19:15
USD
Services PMI (Aug)
56.2
56
19:30
USD
New Home Sales (Jul)
645K
631K
19:30
USD
New Home Sales (MoM) (Jul)
2.50%
-5.30%
0.50% -0.80%
40.5K 0.80% 0.20% 0.80%
Thursday, August 23, 2018
Friday, August 24, 2018 14:00 18:00 18:00 18:00 4
GBP USD USD USD
Gross Mortgage Approvals Cap Goods Ship Non Defense Ex Air (MoM) Core Durable Goods Orders (MoM) (Jul) Durable Goods Orders (MoM) (Jul) Copyright © 2018 Ways2Capital. All rights reserved
20/08/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT)
5
SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
ADANIPORTS
410.70
398.40
386.10
380.30
373.80
368.00
361.50
349.20
336.90
ASIANPAINT
1506.70
1472.10
1437.50
1418.75
1402.87
1384.10
1368.25
1333.65
1299.05
AXISBANK
718.80
686.40
654.00
640.55
621.57
608.10
589.15
556.75
524.35
BAJAJ-AUTO
2864.45
2792.45
2720.45
2690.90
2648.45
2618.90
2576.45
2504.45
2432.45
BAJAJFINSV
7887.55
7616.35
7345.15
7219.10
7073.93
6947.85
6802.70
6531.50
6260.30
BAJFINANCE
3299.20
3145.40
2991.60
2921.40
2837.80
2767.60
2684.00
2530.20
2376.40
BHARTIARTL
407.75
395.00
382.25
376.00
369.50
363.25
356.75
344.00
331.25
BPCL
460.10
434.80
409.50
393.25
384.17
367.90
358.85
333.55
308.25
CIPLA
764.15
723.35
682.55
664.30
641.73
623.45
600.90
560.10
519.30
COALINDIA
313.15
302.55
291.95
286.70
281.33
276.05
270.70
260.10
249.50
DRREDDY
2918.25
2722.10
2525.95
2444.45
2329.80
2248.30
2133.65
1937.50
1741.35
EICHERMOT
32453.00
31213.00
29973.00
29236.00
28733.00
27996.00
27493.00
26253.00
25013.00
GAIL
492.80
456.40
420.00
404.20
383.60
367.80
347.20
310.80
274.40
GRASIM
1289.65
1198.55
1107.45
1075.10
1016.32
983.95
925.20
834.10
743.00
HCLTECH
1143.00
1093.70
1044.40
1024.70
995.08
975.35
945.75
896.45
847.15
HDFC
2180.30
2090.65
2001.00
1941.65
1911.32
1851.95
1821.65
1732.00
1642.35 Continued .......
Copyright © 2018 Ways2Capital. All rights reserved
20/08/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2198.60
2160.00
2121.40
2099.20
2082.80
2060.60
2044.20
2005.60
1967.00
HEROMOTOCO
3613.10
3501.20
3389.30
3319.65
3277.37
3207.70
3165.45
3053.55
2941.65
HINDALCO
250.25
239.80
229.35
224.30
218.90
213.85
208.45
198.00
187.55
HINDPETRO
331.65
311.95
292.25
279.85
272.53
260.10
252.80
233.10
213.40
HINDUNILVR
1954.70
1891.85
1829.00
1806.50
1766.12
1743.60
1703.25
1640.40
1577.55
IBULHSGFIN
1448.60
1391.00
1333.40
1300.20
1275.77
1242.55
1218.15
1160.55
1102.95
ICICIBANK
395.35
375.15
354.95
347.50
334.73
327.25
314.50
294.30
274.10
INDUSINDBK
2095.15
2058.15
2021.15
2005.30
1984.13
1968.25
1947.10
1910.10
1873.10
INFRATEL
308.60
300.05
291.50
286.90
282.93
278.30
274.35
265.80
257.25
INFY
1591.15
1532.20
1473.25
1449.90
1414.30
1390.95
1355.35
1296.40
1237.45
IOC
191.45
181.60
171.75
165.65
161.88
155.75
152.00
142.15
132.30
ITC
347.20
335.05
322.90
318.30
310.72
306.10
298.55
286.40
274.25
KOTAKBANK
1435.70
1379.65
1323.60
1292.30
1267.52
1236.20
1211.45
1155.40
1099.35
LT
1406.50
1353.70
1300.90
1270.15
1248.07
1217.30
1195.25
1142.45
1089.65
LUPIN
1106.50
1022.75
939.00
909.50
855.23
825.70
771.45
687.70
603.95
M&M
1046.90
1016.70
986.50
973.95
956.27
943.70
926.05
895.85
865.65 Continued .......
6
Copyright © 2018 Ways2Capital. All rights reserved
20/08/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
MARUTI
9972.45
9698.15
9423.85
9286.90
9149.55
9012.60
8875.25
8600.95
8326.65
NTPC
170.50
166.40
162.30
160.20
158.17
156.05
154.05
149.95
145.85
ONGC
184.10
177.70
171.30
167.25
164.87
160.80
158.45
152.05
145.65
POWERGRID
200.50
196.25
192.00
189.75
187.75
185.50
183.50
179.25
175.00
RELIANCE
1304.35
1269.85
1235.35
1219.00
1200.85
1184.50
1166.35
1131.85
1097.35
SBIN
336.10
323.55
311.00
306.60
298.42
294.00
285.85
273.30
260.75
SUNPHARMA
844.70
763.90
683.10
652.00
602.30
571.20
521.50
440.70
359.90
TATAMOTORS
305.10
288.10
271.10
265.10
254.08
248.05
237.05
220.05
203.05
TATASTEEL
650.10
625.65
601.20
590.95
576.75
566.50
552.30
527.85
503.40
TCS
2132.30
2090.10
2047.90
2028.95
2005.67
1986.70
1963.45
1921.25
1879.05
TECHM
804.15
761.15
718.15
703.30
675.13
660.25
632.10
589.10
546.10
TITAN
1035.40
1000.95
966.50
953.55
932.05
919.10
897.60
863.15
828.70
ULTRACEMCO
4762.50
4597.55
4432.60
4360.30
4267.65
4195.35
4102.70
3937.75
3772.80
UPL
724.50
688.70
652.90
634.95
617.07
599.10
581.25
545.45
509.65
VEDL
251.95
238.90
225.85
220.20
212.77
207.10
199.70
186.65
173.60
WIPRO
310.45
300.90
291.35
286.15
281.80
276.60
272.25
262.70
253.15
YESBANK
468.70
441.20
413.70
404.25
386.18
376.70
358.65
331.15
303.65
ZEEL
570.10
549.25
528.40
515.95
507.55
495.10
486.70
465.85
445.00
7
Copyright © 2018 Ways2Capital. All rights reserved
20/08/2018
Open Interest & Price Analysis LONG BUILD-UP
NIFTY OPTIONS OPEN INTEREST ANALYSIS
SHORT COVERING
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
CHANGE IN OI (In %)
PRICE CHANGE (In %)
OFSS
54.48%
3.72%
JETAIRWAYS
-27.41%
10.98%
APOLLOHOSP
31.64%
25.43%
BERGEPAINT
-23.75%
1.09%
PAGEIND
29.13%
8.00%
TATAGLOBAL
-12.04%
3.89%
BALKRISIND
23.66%
9.20%
-
-
-
GRASIM
21.87%
7.06%
-
-
-
SCRIP
SHORT BUILD-UP
LONG UNWINDING
CHANGE IN OI (In %)
PRICE CHANGE (In %)
REPCOHOME
38.92%
-2.41%
ALBK
36.30%
IGL
CHANGE IN OI (In %)
PRICE CHANGE (In %)
EQUITAS
-18.73%
-2.04%
-10.91%
CHENNPETRO
-13.32%
-8.38%
30.18%
-7.45%
ADANIPORTS
-10.49%
-1.22%
ICICIPRULI
30.00%
-5.54%
-
-
-
CADILAHC
29.18%
-5.16%
-
-
-
SCRIP
8
SCRIP
Analysis : As per the analysis of above
Copyright © 2018 Ways2Capital. All rights reserved
chart. Major Resistance Level: 11600 Major Support Levels: 11400
20/08/2018
Nifty Analysis Fundamental Outlook
NIFTY WEEKLY PIVOTS
Despite underperformance from most of the global markets Our Indian Equity benchmarks ended the last week on
PARTICULAR
LEVEL
a positive note as benchmark indices closing with strong gains with bulls controlled the D-Street. The Nifty-50 R4
11910.20
R3
11756.80
R2
11603.40
R1
11545.95
Indian Government and RBI.
PP
11450.00
Technical Outlook
S1
11392.55
S2
11296.60
S3
11143.20
S4
10989.80
closed almost 41.25 points higher and ended well above 11,450. Most of the sectors closed in the green, with major gains was seen among, FMCG, Pharma , and It index while banking remained sideways. Midcaps index , too, sawed some strong rally on last trading sessions of the week, rising over 1 percent. On global front only Dow Jones showed some positivity as it closed with 1.41% gain on weekly basis otherwise all other major global index remained on subdued note. USD/INR was remained on higher side as it hits its fresh all time high of 70.4925. Despite weakening of Indian Rupees our Indian equity market reacted differently on the hopes of positive indications from
Index started the last week on gap down note but soon recovered from lower levels and continued its bullish on Tuesday. On Thursday Index showed some correction from higher levels. Friday's session was fully dominated by the bulls and index made a strong comeback post Thursday’s jitters as it signed off the last session of the week with a bullish candle. The index formed bullish candle on the daily candlestick charts as well as weekly scale. It closed half a percent higher for the truncated week. If Index sustain above 11,450 levels it should once again create history with new highs by clearing the recent top of 11,507 levels 9
Copyright © 2018 Ways2Capital. All rights reserved
Continued ….... 20/08/2018
Nifty Analysis WEEKLY STRATEGY
Next resistance, on medium term charts for Index is placed around 11,630 levels. On the downsides 11,400 levels looks critical , below which bears can once again dominate in short term .On option front, maximum Put open
PARTICULAR
interest was seen at 11,000 strike while maximum Call OI was at 11,500.
ACTION ENTRY PRICE
DETAILS BUY ABOVE 11510
TARGET
11630
STOP LOSS
11410
TECHNICAL INDICATOR ANALYSIS
For this week, traders can adopt buy on lower level strategy in it and above the level of 11510. It can test the level of Rs. 11630 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 11410.
INDICATOR
CURRENT TREND
20 Days EMA
POSITIVE
50 Days EMA
POSITIVE
200 Days EMA
POSITIVE
RSI
POSITIVE
MACD
POSITIVE
STOCHASTIC
POSITIVE Continued …....
10
Copyright © 2018 Ways2Capital. All rights reserved
20/08/2018
Bank Nifty Analysis The Nifty Bank index opened on gap down note on Monday but soon recovered from lower levels and continued its bullish run throughout the week. Friday's session was fully dominated by the bulls as index railed 300 points which led index to give closing on positive note on weekly basis. Going ahead, if index manages to sustain above the levels of 28200 then it can extend its up move further till 28300-28500 levels . Bank Nifty has crucial resistance of 28380 levels a break above which could trigger a fresh breakout, while 27820 levels remains an important support levels for the Bank Nifty index.
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
DETAILS BUY ABOVE 28000
TARGET
28190
STOP LOSS
27890
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
29217.50
R3
28834.60
R2
28451.70
R1
28310.60
PP
28068.80
S1
27927.70
For this week, traders can adopt buy on lower level strategy in it and above the level of 28210. It can test the
S2
27685.90
level of Rs. 28400 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 28060.
S3
27303.00
S4
26920.10
11
Copyright Š 2018 Ways2Capital. All rights reserved
20/08/2018
RBL Cash( Call of the Week ) Technical Outlook
WEEKLY STRATEGY Overall trend of the Stock is bullish for long term . For short-medium term stock was in some consolidation phase . Last week stock started on positive note and traded with bullish movement throughout the week . On daily chart it has gave
PARTICULAR ACTION
DETAILS BUY
breakout of triangle pattern. if it manages to trade above 584 levels than good up side move can seen in it. in intraday it ENTRY PRICE
showed a good positive move.
ABOVE 584.00
TARGET
604.00
STOP LOSS
572.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 584 it can test the level of Rs. 604 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 572 12
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
630.50
R3
610.70
R2
590.90
R1
582.20
PP
571.10
S1
562.40
S2
551.30
S3
531.50
S4
511.70 20/08/2018
RELCAPITAL Cash ( Call of the Week ) Technical Outlook Overall trend of the Stock is bearish for long term . For short-medium term stock is in some recovery phase. Last week stock started on negative note and traded with sideways movement throughout the week. Stock is
WEEKLY STRATEGY PARTICULAR ACTION
DETAILS BUY
showing good buying from lower levels on daily chart . It can show good positive move in coming weeks if it manages to trade above 445 levels. On intraday chart it has showed a good move.
ENTRY PRICE
ABOVE 445.00
TARGET
462.00
STOP LOSS
435.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
508.00
R3
481.70
R2
455.40
R1
445.70
PP
429.1
S1
419.40
S2
402.80
For this week, traders can adopt buy on lower level strategy in it and above the level of 445 it can test the level
S3
376.50
of Rs. 462 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 435.
S4
350.20
13
Copyright © 2018 Ways2Capital. All rights reserved
20/08/2018
ARVIND FUTURES( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Last week, ARVIND Aug Futures started the week on positive note and continued the same for the entire week.
PARTICULAR
It made a high of 403.20 during the week and closed at 401.95 with the overall gain of 2.41% on weekly basis.
ACTION
Technically it’s recovering from the lower levels with the positive technical indicators and for this week, we can
ENTRY PRICE
DETAILS BUY ABOVE 406.00
expect further long unwinding in it. TARGET
416.00
STOP LOSS
399.90
WEEKLY PIVOTS
For this week, traders can adopt buy on lower levels strategy in it and above the level of 406 it can test the level of Rs. 416 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 399.90 14
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
454.90
R3
435.35
R2
415.80
R1
408.85
PP
396.25
S1
389.30
S2
376.70
S3
357.15
S4
337.60 20/08/2018
APOLLO TYRE FUTURES ( Call of the Week ) Last week, APOLLOTYRE Aug Futures started the week on negative note and after that it witnessed choppy movement for the entire week. It made a high of 270.05 during the week and closed 267.55 with the overall gain of almost 1% on weekly basis. Technically it’s in overall consolidation phase and sustaining below the trend line breakout with the negative RSI. For this week, we can expect downside movement in it.
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
DETAILS BUY ABOVE 1301.00
TARGET
1341.00
STOP LOSS
1291.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
293.35
R3
284.30
R2
275.25
R1
271.40
PP
266.20
S1
262.35
For this week, traders can adopt sell on higher levels strategy in it and below the level of 262 it can test the
S2
257.15
level of Rs.256 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 265.00
S3
248.10
S4
239.05
15
Copyright © 2018 Ways2Capital. All rights reserved
20/08/2018
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
20/08/2018
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
20/08/2018