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
10303.55
-168.75
-1.61%
USDINR
73.3900
73.7000
-0.42%
Nifty 100
10504.05
-164.75
-1.54%
GBPINR
95.6900
97.4475
-1.80%
Nifty 200
5426.55
-86.75
-1.57%
EURINR
84.2325
85.2525
-1.20%
Nifty 500
8640.65
-134.50
-1.53%
JPYINR
65.3250
65.7300
-0.62%
India VIX
19.79
1.00
5.32%
EURUSD
1.1549
1.1564
-0.13%
Nifty Bank
25085.80
-191.15
-0.76%
GBPUSD
1.3134
1.3191
-0.43%
Nifty Auto
8690.25
-301.90
-3.36%
Dollar Index
95.38
94.91
0.50%
Nifty Finance
10284.25
-231.50
-2.20%
Nifty FMCG
28845.25
684.15
2.43%
Nifty IT
14476.85
-245.25
-1.67%
Nifty Media
2497.40
-84.10
-3.26%
Nifty Metal
3365.00
-42.15
-1.24%
Nifty Pharma
9650.30
-48.35
-0.50%
Nifty PSU Banks
2685.95
-7.35
Nifty PVT Bank
14209.55 204.30
Nifty Realty 2
CLOSING AS ON 19th SEPT 18
COMMODITY MARKET UPDATE COMMODITY
CURRENT CLOSING
PREVIOUS CLOSING
Gold COMEX
1230.00
1218.10
0.98%
Gold MCX
31902
31846
0.18%
Crude Oil NYMEX
69.37
71.34
-2.76%
Crude Oil MCX
5087
5243
-2.98%
-0.27%
Brent Oil NYMEX
80.00
80.43
-0.53%
-203.00
-1.41%
Copper MCX
453.00
459.55
-1.43%
-5.15
-2.46%
Natural Gas NYMEX
3.229
3.161
2.15%
Copyright © 2018 Ways2Capital. All rights reserved
WEEKLY % CHANGE
23/10/2018
Market at a Glance WEEKLY GAINERS SCRIP ITC LTD
CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
288.45
5.01%
322.70
2555.00
4.27%
2687.45
608.40
3.01%
678.80
UPL LTD
642.95
2.53%
848.70
KOTAK BANK
1198.50
2.49%
1424.00
DRREDDY LABS SUN PHARMA
WEEKLY LOSERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
INDIABULLS HOUSING
654.25
-29.73%
640.15
YESBANK
217.70
-11.76%
166.15
EICHER MO21670.60 TORES
-9.53%
20301.10
MARUTI
6760.35
-7.18%
6650.00
BAJAJ FINANCE
2140.75
-6.50%
1514.40
SCRIP
3
Copyright © 2018 Ways2Capital. All rights reserved
23/10/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
CURRENY
EVENT
FORECAST
PREVIOUS
1
-1
54
53.5
625K
629K
-1.40%
3.50%
Tuesday, October 23, 2018 15:30
GBP
CBI Industrial Trends Orders (Oct) Wednesday, October 24, 2018
19:15
USD
Services PMI (Oct)
19:30
USD
New Home Sales (Sep)
19:30
USD
New Home Sales (MoM) (Sep)
20:00
USD
Crude Oil Inventories
-
6.490M
20:00
USD
Cushing Crude Oil Inventories
-
1.776M
-
-0.20%
Thursday, October 25, 2018 18:00
USD
Cap Goods Ship Non Defense Ex Air (MoM)
18:00
USD
Core Durable Goods Orders (MoM) (Sep)
0.30%
0.10%
19:30
USD
Pending Home Sales (MoM) (Sep)
-0.10%
-1.80%
Friday, October 26, 2018
4
18:00
USD
GDP (QoQ) (Q3)
3.30%
4.20%
18:00
USD
GDP Price Index (QoQ) (Q3)
2.30%
3.30%
19:30
USD
Michigan Consumer Expectations (Oct)
89.1
89.1
19:30
USD
Michigan Consumer Sentiment (Oct)
99
99
Copyright © 2018 Ways2Capital. All rights reserved
23/10/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
ADANIPORTS
422.65
388.70
354.75
336.25
320.80
302.30
286.85
252.90
218.95
ASIANPAINT
1448.15
1381.60
1315.05
1276.55
1248.48
1209.95
1181.90
1115.35
1048.80
AXISBANK
704.75
660.50
616.25
589.40
571.97
545.10
527.70
483.45
439.20
BAJAJ-AUTO
3060.20
2890.55
2720.90
2622.45
2551.22
2452.75
2381.55
2211.90
2042.25
BAJAJFINSV
7222.20
6647.25
6072.30
5754.65
5497.35
5179.70
4922.40
4347.45
3772.50
BAJFINANCE
3144.95
2829.65
2514.35
2344.15
2199.03
2028.80
1883.70
1568.40
1253.10
BHARTIARTL
332.70
318.40
304.10
295.50
289.77
281.15
275.45
261.15
246.85
BPCL
372.70
344.70
316.70
299.85
288.67
271.80
260.65
232.65
-
CIPLA
735.20
701.60
668.00
650.75
634.40
617.15
600.80
567.20
533.60
COALINDIA
310.85
299.75
288.65
282.35
277.53
271.20
266.40
255.30
244.20
DRREDDY
2996.30
2840.70
2685.10
2615.55
2529.47
2459.90
2373.85
2218.25
2062.65
EICHERMOT
30750.35
27967.35
25184.35
23451.65
22401.35
20668.65
19618.35
16835.35
14052.35
GAIL
418.10
395.35
372.60
358.20
349.85
335.45
327.10
304.35
281.60
GRASIM
1034.50
985.60
936.70
908.85
887.77
859.90
838.85
789.95
741.05
HCLTECH
1230.20
1147.50
1064.80
1010.90
982.10
928.20
899.40
816.70
734.00
HDFC
2067.15
1943.85
1820.55
1742.80
1697.23
1619.45
1573.90
1450.60
1327.30 Continued .......
5
Copyright © 2018 Ways2Capital. All rights reserved
23/10/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
6
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2162.70
2102.50
2042.30
2006.15
1982.07
1945.90
1921.85
1861.65
1801.45
HEROMOTOCO
3755.80
3435.90
3116.00
2917.10
2796.08
2597.15
2476.15
2156.25
1836.35
HINDALCO
262.15
250.85
239.55
233.95
228.23
222.60
216.90
205.60
194.30
HINDPETRO
256.00
241.65
227.30
221.45
212.95
207.10
198.60
184.25
-
HINDUNILVR
1836.10
1743.15
1650.20
1614.50
1557.23
1521.50
1464.25
1371.30
1278.35
IBULHSGFIN
1771.55
1433.80
1096.05
877.55
758.30
539.80
420.55
82.80
#NUM!
ICICIBANK
373.70
355.10
336.50
326.25
317.88
307.60
299.25
280.65
262.05
INDUSINDBK
1991.85
1865.90
1739.95
1658.00
1613.98
1532.00
1488.00
1362.05
1236.10
INFRATEL
324.50
305.20
285.90
275.00
266.60
255.70
247.30
228.00
208.70
INFY
825.85
782.05
738.25
710.90
694.43
667.05
650.60
606.80
563.00
IOC
155.20
147.85
140.50
136.65
133.12
129.25
125.75
118.40
-
ITC
333.20
317.55
301.90
296.45
286.22
280.75
270.55
254.90
239.25
KOTAKBANK
459.60
429.00
398.40
380.95
367.77
350.30
337.15
306.55
275.95
LT
1332.70
1284.20
1235.70
1216.85
1187.17
1168.30
1138.65
1090.15
1041.65
LUPIN
1367.35
1315.35
1263.35
1236.70
1211.33
1184.65
1159.30
1107.30
1055.30
M&M
931.20
872.55
813.90
778.40
755.23
719.70
696.55
637.90
579.25 Continued .......
Copyright © 2018 Ways2Capital. All rights reserved
23/10/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
MARUTI
8812.00
8187.50
7563.00
7161.50
6938.50
6537.00
6314.00
5689.50
5065.00
NTPC
179.20
173.80
168.40
165.65
162.97
160.20
157.55
152.15
146.75
ONGC
193.55
182.90
172.25
166.50
161.57
155.80
150.90
140.25
129.60
POWERGRID
207.65
201.30
194.95
192.10
188.58
185.70
182.20
175.85
169.50
RELIANCE
1443.95
1334.85
1225.75
1163.05
1116.63
1053.90
1007.50
898.40
789.30
SBIN
315.45
298.55
281.65
271.40
264.75
254.50
247.85
230.95
214.05
SUNPHARMA
678.55
653.20
627.85
618.35
602.48
592.95
577.10
551.75
526.40
TATAMOTORS
220.25
206.45
192.65
183.70
178.83
169.85
165.00
151.20
137.40
TATASTEEL
679.10
640.10
601.10
579.15
562.07
540.10
523.05
484.05
445.05
TCS
2283.20
2164.25
2045.30
1982.65
1926.35
1863.70
1807.40
1688.45
1569.50
TECHM
863.60
810.05
756.50
724.40
702.92
670.80
649.35
595.80
542.25
TITAN
920.20
879.40
838.60
813.10
797.80
772.30
757.00
716.20
675.40
ULTRACEMCO
4539.35
4244.35
3949.35
3783.70
3654.33
3488.65
3359.30
3064.30
2769.30
UPL
776.35
732.10
687.85
666.45
643.58
622.15
599.30
555.05
510.80
VEDL
261.25
244.10
226.95
219.85
209.78
202.65
192.60
175.45
158.30
WIPRO
367.40
352.45
337.50
330.95
322.55
316.00
307.60
292.65
277.70
YESBANK
354.65
312.80
270.95
245.15
229.07
203.25
187.20
145.35
103.50
ZEEL
541.20
514.45
487.70
470.85
460.95
444.10
434.20
407.45
380.70
7
Copyright © 2018 Ways2Capital. All rights reserved
S2
S3
S4
23/10/2018
Open Interest & Price Analysis LONG BUILD-UP CHANGE IN OI (In %)
PRICE CHANGE (In %)
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
BERGEPAINT
36.97%
1.73%
CESC
-17.32%
5.23%
INFRATEL
29.52%
2.55%
MOTHERSUMI
-14.17%
10.24%
HINDZINC
28.58%
4.70%
IGL
-13.96%
5.79%
RPOWER
26.18%
3.98%
ESCORTS
-12.91%
5.31%
MCX
19.39%
6.04%
-
-
-
SCRIP
SHORT BUILD-UP
LONG UNWINDING
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
DHFL
47.42%
-26.97%
RBLBANK
43.39%
-3.69%
REPCOHOME
43.35%
IBULHSGFIN ACC 8
NIFTY OPTIONS OPEN INTEREST ANALYSIS
SHORT COVERING
CHANGE IN OI (In %)
PRICE CHANGE (In %)
-15.15%
-1.02%
-
-
-
-16.24%
-
-
-
40.62%
-29.25%
-
-
-
40.42%
-2.63%
-
-
-
SCRIP EQUITAS
Copyright © 2018 Ways2Capital. All rights reserved
Analysis : As per the analysis of above chart. Major Resistance Level: 10600 followed by 11000 Major Support Levels: 10000 23/10/2018
Nifty Analysis Fundamental Outlook
NIFTY WEEKLY PIVOTS
Last week, our Indian Equity market showed a roller costar ride as our benchmark indices Nifty showed some strength in first
PARTICULAR
LEVEL
R4
11780.90
R3
11327.30
R2
10873.70
R1
10593.85
PP
10420.10
S1
10140.25
Technical Outlook
S2
9966.50
The Nifty futures started the last week on positive note on Monday and traded with positive sentiments for first couple of ses-
S3
9512.90
S4
9059.30
couple of trading session which made the hopes of some relief in the market but in last two trading sessions all the hopes gone vanished as index lost more than 350 points in last two sessions. The truncated week ended on negative note with Nifty closed a tad above the important support level of 10300. The market remained volatile as it started the week on the positive note but failed to keep the upward momentum on the back of weak global cues. While on domestic front mixed earnings, WPI Inflation, NBFCs and housing finance companies woes have put pressure on the indices. Good numbers by some of the index heavyweights also could not make any impact on the market. On the economy front, September CPI inflation was flat at 3.77 percent against 3.69 percent, MoM, while WPI inflation rose to 5.13 percent in September from 4.53 percent in August. August IIP was at 4.3 percent versus 6.5 percent in July. On Friday, rupee has appreciated against the US dollar as it ended higher by 28 paise at 73.32 against Wednesday's close of 73.60. Rupee. Foreign investors were net sellers last week, while domestic institutions remained buyers. Crude oil price was the major relief factor last week as it tanked more than 4 % , giving some hope to Indian equity market in near future.
sions. But on Wednesday's trading session Index opened on a huge gap up note but could not sustain on higher levels as soon it showed a sharp selling from higher levels. last session was also dominated by bears as index touched intraday low of 10246.35 but manages to close above 10300 levels . On weekly basis index give closing with 168.75 points loss or 1.68% loss. 9
Copyright Š 2018 Ways2Capital. All rights reserved
Continued ‌.... 23/10/2018
Nifty Analysis Last week index again successfully defended its major support levels of 10155.55 which is swing low for the index. On
WEEKLY STRATEGY
weekly charts this sell off resulted in 'Bearish Engulfing' formation as current week's candle body completely covered the candle body of last week which appears to have negated the bullish connotations of preceding week's Hammer formation. If indices breach 10246.35 in next week itself then it can retest the recent corrective swing lows of 10155.55 levels. while up-
PARTICULAR ACTION
DETAILS SELL
side resistance is placed at 10425 levels. On option front, maximum Put open interest (OI) was at 10000 followed by 10200 strike while maximum Call OI was at 11000 followed by 10600 strikes.
ENTRY PRICE
BELOW 10240
TARGET
10110
STOP LOSS
10350
TECHNICAL INDICATOR ANALYSIS INDICATOR
For this week, traders can adopt sell on higher level strategy in it and below the level of 10240. It can test the level of Rs. 10110 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 10350.
CURRENT TREND
20 Days EMA
NEGATIVE
50 Days EMA
NEGATIVE
200 Days EMA
NEGATIVE
RSI
NEGATIVE
MACD
NEGATIVE
STOCHASTIC
NEGATIVE Continued …....
10
Copyright © 2018 Ways2Capital. All rights reserved
23/10/2018
Bank Nifty Analysis Technical Outlook
WEEKLY STRATEGY
The Nifty Bank index started the last week on flat note on Monday and traded with high volatility throughout the week. On Tuesday Index showed some positive movement throughout the day but on Wednesday it showed sharp selling from higher
PARTICULAR ACTION
DETAILS SELL
levels as it tanked more than 600 points in a single day. Last trading session was again sideways for the index and it given closing with 191 points loss or 0.76% loss on weekly basis. Bank nifty managed to give closing above its important support levels of 25000 after breaching this levels on Friday. Going ahead, If index manages to breach 25000 levels than further
ENTRY PRICE
25000
TARGET
24700
STOP LOSS
25201
WEEKLY PIVOTS
For this week, traders can adopt sell on higher level strategy in it and below the level of 25000. It can test the level of Rs. 24700 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 25201. 11
Copyright Š 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
28377.75
R3
27344.95
R2
26312.15
R1
25698.60
PP
25279.35
S1
24665.80
S2
24246.55
S3
23213.75
S4
22180.95 23/10/2018
SUNPHARMA Cash( Call of the Week ) Technical Outlook Overall trend of the Stock is sideways for long term . For short-medium term stock is in bullish phase. Last week, it started on positive note and traded with sideways movement throughout the week. On daily chart it has gave breakout of its major trend line up side. On intraday chart it is consolidating on higher levels. If it manages to trade above the levels of 617 than further upside move can be seen in it
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
DETAILS BUY ABOVE 617
TARGET
637.00
STOP LOSS
605.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 617 it can test the level of Rs. 637 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 605.
12
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
678.90
R3
653.55
R2
628.20
R1
619.05
PP
602.85
S1
593.70
S2
577.50
S3
552.15
S4
526.80 23/10/2018
GLENMARK Cash ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Overall trend of the Stock is sideways for long term . For short-medium term stock is in consolidation phase . Last week stock started on positive note but could not maintain its positive run and it traded with negative sentiment throughout
PARTICULAR ACTION
DETAILS BUY
the week. On daily chart it is consolidating on lower levels and forming double bottom. If it manages to trade above 621 levels than further upside move can be seen in it. In intraday it showed a good positive move.
ENTRY PRICE
ABOVE 621
TARGET
644.00
STOP LOSS
609.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 621 it can test the level of Rs. 644 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 609
13
Copyright Š 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
693.35
R3
663.45
R2
633.55
R1
616.30
PP
603.65
S1
586.40
S2
573.75
S3
543.85
S4
513.95 23/10/2018
MARUTI FUTURES( Call of the Week ) Technical Outlook Last week MARUTI Oct Futures started the week on positive note and made a high of 7323.95 during the week but till end of the week, all of its earlier gains were erased and it closed at 6771.35 with the overall loss of 7.12 per cent on weekly basis. Technically MARUTI Oct Futures sustaining near to the major support levels and for this week, we can expect short
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
covering in it from the lower levels.
DETAILS BUY ABOVE 6910
TARGET
7210.00
STOP LOSS
6810.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
8757.85
R3
8153.60
R2
7549.35
R1
7160.20
PP
6945.10
S1
6555.95
S2
6340.85
For this week, traders can adopt buy on lower higher level strategy in it and above the level of 6190, it can test the level of
S3
5736.60
Rs. 7210 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 6810
S4
5132.35
14
Copyright © 2018 Ways2Capital. All rights reserved
23/10/2018
BAJAJ FINANCE FUTURES ( Call of the Week ) Technical Outlook Last week BAJFINANCE Oct Futures started the week on positive note and made a high of 2369 during the week but till end of the week, all of its earlier gains were erased and it closed at 2143.35 with the overall loss of 6.50 per cent on weekly basis. Technically BAJFINANCE Oct Futures sustaining near to the major support levels and for this week, we can expect
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
short covering in it from the lower levels.
DETAILS BUY ABOVE 2220
TARGET
2320.00
STOP LOSS
2195.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
3131.10
R3
2817.10
R2
2503.10
R1
2323.20
PP
2189.10
S1
2009.20
S2
1875.10
For this week, traders can adopt buy on lower higher level strategy in it and above the level of 2220, it can test the level of
S3
1561.10
Rs. 2320 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 2195
S4
1247.10
15
Copyright © 2018 Ways2Capital. All rights reserved
23/10/2018
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
23/10/2018
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
23/10/2018