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 18th May 18
CURRENCY MARKET UPDATE
WEEKLY CHANGES
WEEKLY % CHANGE
CURRENCY PAIR
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Nifty
10596.40
-210.10
-1.94%
USDINR
67.9850
67.4400
0.81%
Nifty 100
10908.05
-223.90
-2.01%
GBPINR
91.5870
91.5850
0.00%
Nifty 200
5700.90
-125.60
-2.16%
EURINR
80.0450
80.5775
-0.66%
Nifty 500
9209.2
-207.15
-2.20%
JPYINR
61.3375
61.7525
-0.67%
Nifty VIX
14.15
0.17
1.23%
EURUSD
1.1771
1.1969
-1.65%
Nifty Bank
25875.6
-537.55
-2.04%
GBPUSD
1.3470
1.3579
-0.80%
Nifty Auto
10962.75
-410.45
-3.61%
Dollar Index
93.58
92.41
1.27%
Nifty Finance
10783.2
-205.10
-1.87%
Nifty FMCG
28852.70
376.70
1.32%
Nifty IT
13459.15
-19.45
-0.14%
Nifty Media
3217.05
-86.55
-2.62%
Nifty Metal
3590.65
-122.15
-3.29%
Nifty Pharma
8211.85
-233.85
-2.77%
Nifty PSU Banks
2656.75
-185.10
Nifty PVT Bank
14864.50 302.75
Nifty Realty 2
COMMODITY MARKET UPDATE COMMODITY
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Gold COMEX
1291.51
1320.10
-2.17%
Gold MCX
31091
31518
-1.35%
Crude Oil NYMEX
71.36
70.45
1.29%
Crude Oil MCX
4855
4793
1.29%
-6.51%
Brent Oil NYMEX
78.57
76.72
2.41%
-291.95
-1.92%
Copper MCX
462.15
465.00
-0.61%
-6.40
-2.07%
Natural Gas NYMEX
2.852
2.830
0.78%
Copyright © 2018 Ways2Capital. All rights reserved
21/05/2018
Market at a Glance WEEKLY GAINERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
2143.70
15.35%
2167.50
5727.30
7.25%
5835.00
HUL
1604.10
6.49%
1607.85
TECH MAHINDRA
690.75
3.77%
729.00
POWER GRID
213.00
2.80%
226.40
SCRIP BAJAJ FINANCE BAJAJ FINSERV
WEEKLY LOSERS
3
Copyright © 2018 Ways2Capital. All rights reserved
SCRIP
CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
INDIABULLS HOUSING
1135.00
-8.62%
1013.60
ICICI BANK
286.40
-7.94%
256.00
TATA MOTORES
305.25
-7.71%
304.00
CIPLA
533.95
-6.92%
479.00
GAIL
321.05
-6.30%
260.25 21/05/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
CURRENY
EVENT
FORECAST
PREVIOUS
Wednesday, May 23, 2018 14:00
GBP
CPI (YoY) (Apr)
2.50%
2.50%
14:00
GBP
PPI Input (MoM) (Apr)
1.00%
-0.10%
19:15
USD
Manufacturing PMI (May)
56.5
56.5
19:15
USD
Markit Composite PMI
-
54.9
19:15
USD
Services PMI (May)
54.9
54.6
19:30
USD
New Home Sales (MoM) (Apr)
-2.00%
4.00%
19:30
USD
New Home Sales (Apr)
679K
694K
20:00
USD
Crude Oil Inventories
-0.763M
-1.404M
23:30
USD
FOMC Meeting Minutes
-
-
Thursday, May 24, 2018 14:00
GBP
Retail Sales (MoM) (Apr)
0.70%
-1.20%
14:00
GBP
Core Retail Sales (MoM) (Apr)
0.40%
-0.50%
14:00
GBP
Core Retail Sales (YoY) (Apr)
0.10%
1.10%
14:30
GBP
Inflation Report Hearings
-
-
19:30
USD
Existing Home Sales (Apr)
5.57M
5.60M
Friday, May 25, 2018
4
14:00
GBP
GDP (QoQ) (Q1)
0.10%
0.10%
14:00
GBP
GDP (YoY) (Q1)
1.20%
1.20%
18:00
USD
Core Durable Goods Orders (MoM) (Apr)
0.50%
-0.10%
18:30
USD
Fed Chair Powell Speaks
-
-
Copyright © 2018 Ways2Capital. All rights reserved
21/05/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
ADANIPORTS
486.50
456.55
426.60
409.20
396.62
379.20
366.65
336.70
306.75
ASIANPAINT
1494.10
1430.70
1367.30
1339.15
1303.87
1275.70
1240.45
1177.05
1113.65
AXISBANK
647.35
612.35
577.35
556.20
542.33
521.15
507.30
472.30
437.30
BAJAJ-AUTO
3296.75
3137.35
2977.95
2881.50
2818.53
2722.05
2659.10
2499.70
2340.30
BAJAJFINSV
7236.70
6694.70
6152.70
5939.35
5610.67
5397.30
5068.65
4526.65
3984.65
BAJFINANCE
3037.65
2708.85
2380.05
2259.55
2051.23
1930.70
1722.40
1393.60
1064.80
BHARTIARTL
487.55
448.60
409.65
386.30
370.67
347.30
331.70
292.75
253.80
BPCL
485.35
455.05
424.75
406.20
394.45
375.90
364.15
333.85
303.55
CIPLA
740.55
677.55
614.55
573.10
551.53
510.05
488.50
425.50
362.50
COALINDIA
318.05
300.80
283.55
275.30
266.28
258.00
249.00
231.75
214.50
DRREDDY
2270.40
2177.50
2084.60
2033.30
1991.70
1940.40
1898.80
1805.90
1713.00
EICHERMOT
33930.60
32722.25
31513.90
30819.45
30305.55
29611.10
29097.20
27888.85
26680.50
GAIL
425.20
393.95
362.70
342.70
331.45
311.45
300.20
268.95
237.70
GRASIM
1223.35
1174.45
1125.55
1095.30
1076.63
1046.35
1027.70
978.80
929.90
HCLTECH
1056.40
1006.10
955.80
923.90
905.50
873.60
855.20
804.90
754.60
HDFC
2158.90
2067.05
1975.20
1916.60
1883.32
1824.70
1791.45
1699.60
1607.75 Continued .......
5
Copyright © 2018 Ways2Capital. All rights reserved
21/05/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2211.30
2149.80
2088.30
2050.10
2026.80
1988.60
1965.30
1903.80
1842.30
HEROMOTOCO
4049.85
3892.10
3734.35
3651.55
3576.57
3493.75
3418.80
3261.05
3103.30
HINDALCO
295.10
275.45
255.80
243.65
236.12
223.95
216.45
196.80
177.15
HINDPETRO
376.60
356.95
337.30
324.80
317.63
305.10
297.95
278.30
258.65
HINDUNILVR
1927.20
1808.75
1690.30
1649.65
1571.85
1531.20
1453.40
1334.95
1216.50
IBULHSGFIN
1523.00
1406.55
1290.10
1213.75
1173.65
1097.30
1057.20
940.75
824.30
ICICIBANK
395.35
362.45
329.55
308.70
296.63
275.75
263.70
230.80
197.90
INDUSINDBK
2120.70
2055.20
1989.70
1962.40
1924.20
1896.90
1858.70
1793.20
1727.70
INFRATEL
366.30
349.75
333.20
325.10
316.65
308.55
300.10
283.55
267.00
INFY
1300.00
1262.00
1224.00
1202.00
1186.00
1164.00
1148.00
1110.00
1072.00
IOC
202.55
190.50
178.45
171.10
166.37
159.00
154.30
142.25
130.20
ITC
320.65
307.85
295.05
288.50
282.25
275.70
269.45
256.65
243.85
KOTAKBANK
1430.50
1382.30
1334.10
1315.55
1285.90
1267.35
1237.70
1189.50
1141.30
LT
1617.15
1526.15
1435.15
1376.30
1344.13
1285.25
1253.10
1162.10
1071.10
LUPIN
908.10
854.75
801.40
772.40
748.02
719.00
694.65
641.30
587.95
M&M
983.90
937.95
892.00
864.05
846.03
818.05
800.05
754.10
708.15 Continued .......
6
Copyright © 2018 Ways2Capital. All rights reserved
21/05/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
MARUTI
9404.85
9134.40
8863.95
8691.00
8593.48
8420.50
8323.00
8052.55
7782.10
NTPC
193.30
185.10
176.90
171.65
168.70
163.45
160.50
152.30
144.10
ONGC
232.95
216.75
200.55
192.85
184.32
176.60
168.10
151.90
135.70
POWERGRID
241.65
231.65
221.65
217.30
211.63
207.25
201.60
191.60
181.60
RELIANCE
1159.50
1091.50
1023.50
979.00
955.50
911.00
887.50
819.50
751.50
SBIN
303.80
284.20
264.60
252.10
244.97
232.45
225.35
205.75
186.15
SUNPHARMA
560.35
530.40
500.45
482.00
470.48
452.00
440.50
410.55
380.60
TATAMOTORS
402.30
372.80
343.30
324.05
313.77
294.50
284.25
254.75
225.25
TATASTEEL
745.50
699.05
652.60
621.95
606.13
575.45
559.65
513.20
466.75
TCS
3846.70
3724.35
3602.00
3548.50
3479.65
3426.15
3357.30
3234.95
3112.60
TECHM
801.65
762.40
723.15
709.55
683.88
670.25
644.60
605.35
566.10
TITAN
1095.35
1042.60
989.85
964.95
937.08
912.15
884.30
831.55
778.80
ULTRACEMCO
4864.15
4560.60
4257.05
4055.50
3953.47
3751.90
3649.90
3346.35
3042.80
UPL
824.60
789.00
753.40
731.20
717.80
695.60
682.20
646.60
611.00
VEDL
333.00
314.00
295.00
282.65
276.00
263.65
257.00
238.00
219.00
WIPRO
310.75
298.00
285.25
276.90
272.47
264.10
259.70
246.95
234.20
YESBANK
391.50
377.05
362.60
354.30
348.15
339.85
333.70
319.25
304.80
ZEEL
677.75
643.50
609.25
588.25
575.00
554.00
540.75
506.50
472.25
7
Copyright © 2018 Ways2Capital. All rights reserved
21/05/2018
Open Interest & price Analysis LONG BUILD-UP
NIFTY OPTIONS OPEN INTEREST ANALYSIS
SHORT COVERING
CHANGE IN OI (In %)
PRICE CHANGE (In %)
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
BIOCON
17.44%
3.07%
RCOM
-23.78%
11.23%
TECHM
10.45%
3.74%
APOLLOTYRE
-9.65%
2.04%
BAJAJFINSV
9.36%
6.75%
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
SCRIP
LONG UNWINDING
SHORT BUILD-UP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
ICICIPRULI
-21.00%
-7.56%
-8.79%
INDIANB
-15.82%
-5.52%
Analysis : As per the analysis of above
-11.49%
-4.25%
chart. Major Resistance Level: 11000 Major Support Levels: 10500
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
CIPLA
48.14%
-7.10%
TVSMOTOR
45.57%
SCRIP
SRF
41.53%
-14.88%
PAGEIND
ESCORTS
38.61%
-7.71%
JETAIRWAYS
-11.20%
-13.13%
MUTHOOTFIN
28.97%
-5.84%
WOCKPHARMA
-10.48%
-7.57%
8
Copyright © 2018 Ways2Capital. All rights reserved
21/05/2018
Nifty Analysis NIFTY WEEKLY PIVOTS
Fundamental Outlook Last week, Nifty started the week on positive note ahead of Karnataka State election result but from Tuesday on-
PARTICULAR
LEVEL
R4
11794.55
R3
11433.10
R2
11071.65
R1
10834.35
PP
10710.20
S1
10472.90
S2
10348.75
S3
9987.30
S4
9625.85
ward, we saw bearish trend in it as none of the party gets the clear mandate in results. The bearish movement in the nifty is also supported by pressure of rising bond yields and Crude Oil prices. Indian Rupee reached to 6 month low again the US dollar and further acted as the catalyst for the negative movement in Nifty. Nifty P/E ratio was seen in the range of 26.82 to 26.27 for the past week with the continuous downfall in it. DII activity remained positive for the entire week whereas FII activity remained negative thus created no major impact on the market.
On Macroeconomic front; important data like WPI Inflation and CPI released last week and but none of them created major impact on the market.
Technical Outlook Nifty future started the last week on positive note on Monday and it rallied more than 120 points on Tuesday in mid -off Karnataka’s election results and made a high of 10947.90 but as results came out index started to fall from its high and closed the session on negative note and slipped to towards 10600 by end of the week.
Continued ….... 9
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21/05/2018
Nifty Analysis The Nifty fut closed below its important support level 10640 on Friday which could the add more selling pressure and the next major support could come at 50-days moving at placed at 10570-10580. The index formed a bearish
WEEKLY STRATEGY PERTICULAR
DETAILS
candle on the daily candlestick charts and a Bearish Engulfing candle on the weekly scale which indicates domiAction
nance by bears. .
SELL
Entry Price
Below 10580
Target
10450/ 10400
Stop Loss
10685
TECHNICAL INDICATOR ANALYSIS INDICATOR
CURRENT TREND
20 Days EMA
NEGATIVE
50 Days EMA
POSITIVE
200 Days EMA
POSITIVE
For this week, traders can adopt sell on higher level strategy in it and below the level of 10580, it can test the RSI level of Rs. 10450 & 10400 during the week. Trades can make sell position in it by maintaining a SL of Rs. 10685.
NEGATIVE
MACD
POSITIVE
STOCHASTIC
NEGATIVE Continued …....
10
Copyright © 2018 Ways2Capital. All rights reserved
21/05/2018
Bank Nifty Analysis Bank Nifty May Futures started the Monday’s trading session on positive note and continued its bullish run till Tuesday. In the remaining part of the week, index observed selling pressure from higher levels. Index has breached its major support levels of 26000 on daily charts if it manages to trade below these levels than further selling can be seen in it. Major support is placed at 25600 & 26400 levels while resistance is placed at 26100 &
WEEKLY STRATEGY PERTICULAR Action
DETAILS SELL
Entry Price
Below 25800
Target
25600/ 26500
26300 levels. Stop Loss
25952
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
29554.60
R3
28438.05
R2
27321.50
R1
26599.80
PP
26204.95
S1
25483.25
For this week, traders can adopt sell on lower level strategy in it and below the level of 25800. It can test the
S2
25088.40
level of Rs. 25600 & 25500 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs.
S3
23971.85
25952.
S4
22855.30
11
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21/05/2018
PIDILITIND CASH( Call of the Week ) Technical Outlook In long term, PIDILITIND is looking bullish on the charts. In short term stock was in some correction phase. Last week stock started on positive note but due to some profit booking stock showed some correction in other
WEEKLY STRATEGY PERTICULAR
trading sessions of the week. On daily chart it showed a good consolidation on higher levels. On intraday chart
ACTION
stock has showed good positive movement and it also trading above its 21, 50 & 100 days moving averages.
ENTRY PRICE
DETAILS BUY Above 1165.50
TARGET
1200.00
STOP LOSS
1142.20
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
1276.30
R3
1224.85
R2
1173.40
R1
1153.60
PP
1121.95
S1
1102.15
For this week, traders can adopt buy on lower level strategy in it and above the level of 1110.00 it can test the
S2
1070.50
level of Rs. 1143.30 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs.
S3
1019.05
1087.80
S4
967.60
12
Copyright © 2018 Ways2Capital. All rights reserved
21/05/2018
UBL CASH ( Call of the Week ) Technical Outlook UBL is in overall bullish trend for the medium to long term. From last couple of weeks, stock was in consolidation phase. Last week stock started the movement on positive note and traded sideways throughout the week. Stock has crossed its major resistance levels of 1145 on daily chart and also on daily chart stock has formed
WEEKLY STRATEGY PERTICULAR ACTION
DETAILS BUY
ascending triangle pattern. On intraday chart, stock has showed a good positive move after giving the breakout
ENTRY PRICE
Above 1110.00
of its important resistance levels of 1145.
TARGET
1143.30
STOP LOSS
1087.80
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
1267.80
R3
1208.75
R2
1149.70
R1
1115.55
PP
1090.65
S1
1056.50
For this week, traders can adopt buy on lower level strategy in it and above the level of 1165.50 it can test the
S2
1031.60
level of Rs. 1200.00 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs.
S3
972.55
1142.20
S4
913.50
13
Copyright Š 2018 Ways2Capital. All rights reserved
21/05/2018
EQUITAS FUTURES ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Last week EQUITAS May Futures started the week on positive note and made high of 165.75 during the week.
PERTICULAR
DETAILS
After that it witnessed the negative movement for the remaining part of the week. Technically it’s forming
ACTION
SELL
Bearish Engulfing candlestick pattern on daily chart and for this week, we can expect good downside move-
ENTRY PRICE
ment in it.
TARGET
159.20
.
STOP LOSS
152.10
Below 157.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 157.00 it can test the level of Rs. 152.00 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 159.20
14
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
206.85
R3
193.55
R2
180.25
R1
173.10
PP
166.95
S1
159.80
S2
153.65
S3
140.35
S4
127.05 21/05/2018
INFY FUTURES ( Call of the Week ) Technical Outlook Last week INFY May Futures started the week on positive note and made high of 1209.40 during the week. It closed near to the previous week closing & consolidating on higher levels. Technically, INFY broke the major psychological resistance level of Rs. 1200 but was unable to close above the same. For this week, we can expect good upside movement in it above the level of 1190.
WEEKLY STRATEGY PERTICULAR ACTION ENTRY PRICE
DETAILS BUY Above 1190.00
TARGET
1210.00
STOP LOSS
1180.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
1301.05
R3
1263.05
R2
1225.05
R1
1204.10
PP
1187.05
S1
1166.10
For this week, traders can adopt buy on lower level strategy in it and above the level of 1190.00 it can test the
S2
1149.05
level of Rs. 1210.00 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs.
S3
1111.05
1180.00
S4
1073.05
15
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21/05/2018
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)
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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.
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Copyright © 2018 Ways2Capital. All rights reserved
21/05/2018
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
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ववषम कंऩनी के अधधकायी, ननदे शक मा कभाचायी के रूऩ भें कबी बी काभ
Copyright © 2018 Ways2Capital. All rights reserved
21/05/2018