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 21st SEPT 18
CURRENCY MARKET UPDATE
WEEKLY CHANGES
WEEKLY % CHANGE
CURRENCY PAIR
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Nifty
11143.10
-372.10
-3.23%
USDINR
72.1750
71.9500
0.31%
Nifty 100
11387.55
-404.15
-3.43%
GBPINR
95.2700
94.4475
0.87%
Nifty 200
5899.70
-224.10
-3.66%
EURINR
84.9425
84.2425
0.83%
Nifty 500
9425.55
-367.20
-3.75%
JPYINR
63.9925
64.3700
-0.59%
India VIX
15.53
1.69
12.21%
EURUSD
1.1745
1.1679
0.57%
Nifty Bank
25596.90
-1566.95
-5.77%
GBPUSD
1.3076
1.3104
-0.21%
Nifty Auto
10407.40
-419.30
-3.87%
Dollar Index
93.80
94.97
-1.23%
Nifty Finance
10858.45
-556.25
-4.87%
Nifty FMCG
30406.90
-580.70
-1.87%
COMMODITY
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Nifty IT
15833.50
-239.00
-1.49%
Gold COMEX
1196.20
1198.30
-0.18%
Nifty Media
2580.80
-129.40
-4.77%
Gold MCX
30582
30436
0.48%
Nifty Metal
3673.25
-40.45
-1.09%
Crude Oil NYMEX
70.78
69.00
2.58%
Nifty Pharma
10252.35
-400.50
-3.76%
Crude Oil MCX
5146
4950
3.96%
Nifty PSU Banks
2834.15
-262.05
-8.46%
Brent Oil NYMEX
78.80
78.11
0.88%
Nifty PVT Bank
14513.65
-934.60
-6.05%
Copper MCX
458.15
423.95
8.07%
248.70
-17.45
-6.56%
Natural Gas NYMEX
2.977
2.766
7.63%
Nifty Realty 2
COMMODITY MARKET UPDATE
Copyright © 2018 Ways2Capital. All rights reserved
25/09/2018
Market at a Glance WEEKLY GAINERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
BPCL
376.00
5.84%
550.00
GAIL
390.00
5.53%
398.80
ONGC
180.30
4.22%
212.90
TCS
2111.90
2.17%
2214.15
HCLTECH
1089.20
1.77%
1106.60
SCRIP
WEEKLY LOSERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
YESBANK
225.15
-30.16%
216.00
IBULHSGFIN
1060.85
-13.40%
920.85
BAJFINANCE
2392.90
-10.65%
1514.40
UPL
666.00
-9.76%
537.90
BAJAJFINSV
6275.00
-7.38%
4444.00
SCRIP
3
Copyright © 2018 Ways2Capital. All rights reserved
25/09/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
CURRENY
EVENT
FORECAST
PREVIOUS
Monday, September 24, 2018 All Day
CNY
China - Mid-Autumn Festival
Holiday
Tuesday, September 25, 2018 19:30
USD
CB Consumer Confidence (Sep)
131.3
133.4
637K
627K
Wednesday, September 26, 2018 19:30
USD
New Home Sales (Aug)
20:00
USD
Crude Oil Inventories
-
-2.057M
23:30
USD
FOMC Economic Projections
-
-
23:30
USD
FOMC Statement
-
-
23:30
USD
Fed Interest Rate Decision
-
-
-
-
Thursday, September 27, 2018 0:00
USD
FOMC Press Conference
18:00
USD
Core Durable Goods Orders (MoM) (Aug)
0.50%
0.10%
18:00
USD
GDP (QoQ) (Q2)
4.20%
4.20%
19:30
USD
Pending Home Sales (MoM) (Aug)
-
-0.70%
50.4
50.6
Friday, September 28, 2018
4
7:15
CNY
Caixin Manufacturing PMI (Sep)
14:00
GBP
GDP (YoY) (Q2)
1.30%
1.30%
14:00
GBP
GDP (QoQ) (Q2)
0.40%
0.40%
Copyright © 2018 Ways2Capital. All rights reserved
25/09/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
ADANIPORTS
570.85
499.40
427.95
396.45
356.48
324.95
285.00
213.55
142.10
ASIANPAINT
1641.80
1521.95
1402.10
1352.55
1282.22
1232.65
1162.35
1042.50
922.65
AXISBANK
808.60
738.00
667.40
630.20
596.78
559.55
526.15
455.55
384.95
BAJAJ-AUTO
3408.05
3201.15
2994.25
2901.65
2787.32
2694.70
2580.40
2373.50
2166.60
BAJAJFINSV
10115.50
8781.55
7447.60
6861.30
6113.65
5527.35
4779.70
3445.75
2111.80
BAJFINANCE
3998.60
3463.25
2927.90
2660.40
2392.52
2125.00
1857.15
1321.80
786.45
BHARTIARTL
475.15
441.40
407.65
390.55
373.90
356.80
340.15
306.40
272.65
BPCL
460.25
429.40
398.55
387.30
367.68
356.40
336.80
305.95
275.10
CIPLA
779.10
739.05
699.00
679.50
658.95
639.45
618.90
578.85
538.80
COALINDIA
329.40
311.85
294.30
284.80
276.75
267.25
259.20
241.65
224.10
DRREDDY
3252.00
3022.30
2792.60
2684.65
2562.87
2454.90
2333.15
2103.45
1873.75
EICHERMOT
35770.70
33306.70
30842.70
29421.35
28378.67
26957.30
25914.65
23450.65
20986.65
GAIL
468.90
440.45
412.00
401.00
383.55
372.55
355.10
326.65
298.20
GRASIM
1295.55
1211.55
1127.55
1089.05
1043.52
1005.00
959.50
875.50
791.50
HCLTECH
1171.10
1142.70
1114.30
1101.75
1085.90
1073.35
1057.50
1029.10
1000.70
HDFC
2225.15
2098.15
1971.15
1905.30
1844.13
1778.25
1717.10
1590.10
1463.10 Continued .......
5
Copyright © 2018 Ways2Capital. All rights reserved
25/09/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
6
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2308.00
2195.25
2082.50
2029.25
1969.72
1916.45
1856.95
1744.20
1631.45
HEROMOTOCO
3636.50
3467.75
3299.00
3240.50
3130.25
3071.75
2961.50
2792.75
2624.00
HINDALCO
301.90
280.25
258.60
249.85
236.92
228.15
215.25
193.60
171.95
HINDPETRO
299.00
284.35
269.70
263.10
255.05
248.45
240.40
225.75
211.10
HINDUNILVR
1885.30
1801.80
1718.30
1674.60
1634.80
1591.10
1551.30
1467.80
1384.30
IBULHSGFIN
2385.25
1928.90
1472.55
1266.70
1016.17
810.30
559.80
103.45
-
ICICIBANK
396.15
370.80
345.45
331.85
320.08
306.45
294.70
269.35
244.00
INDUSINDBK
2271.65
2113.35
1955.05
1862.50
1796.73
1704.15
1638.40
1480.10
1321.80
INFRATEL
331.85
313.00
294.15
286.60
275.30
267.75
256.45
237.60
218.75
INFY
858.00
810.00
762.00
736.00
714.00
688.00
666.00
618.00
570.00
IOC
179.45
171.70
163.95
160.85
156.18
153.05
148.40
140.65
132.90
ITC
328.70
320.10
311.50
307.80
302.90
299.20
294.30
285.70
277.10
KOTAKBANK
1500.35
1397.35
1294.35
1239.70
1191.33
1136.65
1088.30
985.30
882.30
LT
1463.80
1419.55
1375.30
1352.55
1331.03
1308.25
1286.75
1242.50
1198.25
LUPIN
1282.20
1157.80
1033.40
964.40
908.98
839.95
784.55
660.15
535.75
M&M
1255.70
1149.00
1042.30
1001.15
935.57
894.40
828.85
722.15
Copyright © 2018 Ways2Capital. All rights reserved
615.45 Continued ....... 25/09/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R1
PP
S1
S2
S3
S4
11281.30
10221.25
9161.20
8602.60
8101.12
7542.50
7041.05
5981.00
4920.95
NTPC
195.55
187.00
178.45
172.95
169.88
164.35
161.30
152.75
144.20
ONGC
210.20
199.30
188.40
184.35
177.50
173.45
166.60
155.70
144.80
POWERGRID
226.25
217.45
208.65
204.60
199.83
195.75
191.00
182.20
173.40
RELIANCE
1418.60
1351.35
1284.10
1250.15
1216.82
1182.85
1149.55
1082.30
1015.05
SBIN
376.10
341.00
305.90
288.20
270.78
253.05
235.65
200.55
165.45
SUNPHARMA
800.85
747.10
693.35
664.70
639.58
610.90
585.80
532.05
478.30
TATAMOTORS
353.50
318.25
283.00
266.60
247.72
231.30
212.45
177.20
141.95
TATASTEEL
807.90
744.60
681.30
651.65
617.97
588.30
554.65
491.35
428.05
TCS
2306.90
2236.05
2165.20
2138.55
2094.35
2067.70
2023.50
1952.65
1881.80
TECHM
977.40
897.65
817.90
783.25
738.12
703.45
658.35
578.60
498.85
TITAN
1002.15
937.40
872.65
836.60
807.90
771.85
743.15
678.40
613.65
ULTRACEMCO
4841.85
4577.40
4312.95
4186.50
4048.48
3922.00
3784.00
3519.55
3255.10
UPL
1113.20
963.55
813.90
739.95
664.22
590.25
514.55
364.90
215.25
VEDL
279.60
262.95
246.30
238.15
229.62
221.45
212.95
196.30
179.65
WIPRO
371.85
358.95
346.05
341.30
333.13
328.35
320.20
307.30
294.40
YESBANK
589.95
479.10
368.25
296.70
257.40
185.85
146.55
35.70
-
ZEEL
589.20
544.45
499.70
475.85
454.95
431.10
410.20
365.45
320.70
MARUTI
7
R2
Copyright © 2018 Ways2Capital. All rights reserved
25/09/2018
Open Interest & Price Analysis LONG BUILD-UP CHANGE IN OI (In %)
PRICE CHANGE (In %)
-
-
-
-
-
-
-
-
-
-
-
-
-
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
BPCL
-16.81%
5.86%
BIOCON
-10.84%
2.01%
-
-
-
-
-
-
-
-
-
-
-
SCRIP
SHORT BUILD-UP
8
LONG UNWINDING
CHANGE IN OI (In %)
PRICE CHANGE (In %)
ALBK
44.26%
-7.97%
INDIANB
38.18%
OFSS
37.28%
SCRIP
NIFTY OPTIONS OPEN INTEREST ANALYSIS
SHORT COVERING
CHANGE IN OI (In %)
PRICE CHANGE (In %)
BALRAMCHIN
-49.26%
-11.14%
-15.42%
ANDHRABANK
-19.19%
-7.67%
-5.35%
DABUR
-14.83%
-2.63%
SCRIP
JETAIRWAYS
21.37%
-13.87%
BALKRISIND
-13.87%
-7.10%
IGL
20.63%
-8.44%
TATAELXSI
-13.81%
-3.92%
Copyright © 2018 Ways2Capital. All rights reserved
Analysis : As per the analysis of above chart. Major Resistance Level: 11200 followed by 11500 Major Support Levels: 10800 followed by 10700
25/09/2018
Nifty Analysis NIFTY WEEKLY PIVOTS
Fundamental Outlook
PARTICULAR
LEVEL
R4
12674.10
R3
12189.60
R2
11705.10
R1
11435.70
PP
11220.60
Technical Outlook
S1
10951.20
The Nifty futures started the last week on negative note on Monday and traded with negative movement throughout the week.
S2
10736.10
S3
10251.60
S4
9767.10
After last week carnage in Indian equity market there was no respite in this week also. As the last week was only trailer of the movie , where index showed some glimpses of negativity but full show was shoed in Friday's trading session as index lost more than 350 points within a minutes on the news of negativities in NBFCs major DHFL , IBULLHSGFIN etc. due to which this stocks lost 20-45% in that session with sentiments gaining triggered a panic selling was seen across all the index. Bears were in full control for in last week. Despite the good performance in world market is was again USD/INR due to which our markets remained under pressure as USD/INR again gained some strength after one week of consolidation. Crude oil price are now 52 week highs which is also acting negative to our Indian markets. Going ahead there are many global economic events are line up in this week (Fed Interest Rate Decision is the major events) which could further trigger the sentiments of the market.
but major volatility was seen in the last session of the week where index lost more than 350 points initially but managed to recovered some losses in second half the day. Which led index to give closing with 372 points or 3.23% loss on weekly basis. The index has breached its crucial support placed at 11,250 levels and closed way lower to its major support.
Continued ‌.... 9
Copyright Š 2018 Ways2Capital. All rights reserved
25/09/2018
Nifty Analysis The index after gap opening immediately slipped into red and closed at psychological 11,000 levels for first time since July
WEEKLY STRATEGY
19, forming bearish candle on the daily charts which also resembles a 'Bearish Beld Hold' kind of pattern. If index managed to trade below 11000 levels than further selling can be seen in it. Major resistance is placed at 11200 levels while down side support is placed at 10850 levels. On option front, maximum Put open interest is at 10,800 followed by 10,700 strike while maximum Call is at 11,200 and 11,500 strikes.
PARTICULAR ACTION ENTRY PRICE
DETAILS SELL BELOW 10965
TARGET
10845
STOP LOSS
11065
TECHNICAL INDICATOR ANALYSIS INDICATOR
For this week, traders can adopt sell on higher level strategy in it and below the level of 10,965. It can test the level of Rs. 10,845 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 11,065.
CURRENT TREND
20 Days EMA
NEGATIVE
50 Days EMA
NEGATIVE
200 Days EMA
POSITIVE
RSI
NEGATIVE
MACD
NEGATIVE
STOCHASTIC
NEGATIVE Continued …....
10
Copyright © 2018 Ways2Capital. All rights reserved
25/09/2018
Bank Nifty Analysis Technical Outlook
WEEKLY STRATEGY
The Nifty Bank index started the last week on negative note and traded with bearish movement throughout the week. On last trading session index tumbled more than 750 points due to which it gave closing on heavy negative note on weekly
PARTICULAR ACTION
DETAILS SELL
basis with loss of 1566 points. Going ahead, index has breached its major support levels of 26000 on daily charts and trading way below its support levels. if index manages to trade below the levels of 24950 in coming session than further down side move can be expected in it. Resistance is placed at 25750 on upside while support is placed at 24700 on down side.
ENTRY PRICE
BELOW24940
TARGET
24740
STOP LOSS
25101
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
31445.20
R3
29623.25
R2
27801.30
R1
26730.65
PP
25979.35
S1
24908.70
For this week, traders can adopt sell on higher level strategy in it and below the level of 24940. It can test the
S2
24157.40
level of Rs. 24740 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 25101.
S3
22335.45
S4
20513.50
11
Copyright Š 2018 Ways2Capital. All rights reserved
25/09/2018
HCL TECH Cash( Call of the Week ) Technical Outlook Last week, HCLTECH started the week with upside movement and traded near to its 52 week high with consolidation. It made a high of 1098 during the week and closed at 1084.90 with the overall gain of around 1.10% on weekly basis. Technically it’s Consolidating from last two weeks and forming Bullish Flag pattern. For this week, we can expect up side move
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
in it.
DETAILS BUY ABOVE 1110
TARGET
1140.00
STOP LOSS
1087.00
WEEKLY PIVOTS
For this week, traders can adopt buy from 52 week high breakout strategy in it and above the level of 1110 it can test the level of 1140 during the week. Trades can make buy position in it by maintaining a Stop Loss of 1087.
12
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
1169.70
R3
1141.25
R2
1112.80
R1
1098.65
PP
1084.35
S1
1070.20
S2
1055.90
S3
1027.45
S4
999.00 25/09/2018
VEDL Cash ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Last week, VEDL NSE Cash started the week with gap up opening and then traded sideways to negative the entire week. It made a high of 237.75 during the week and closed at 230.45 with the overall loss of around 2.20% on weekly basis. Technically it’s forming Symmetrical Triangle Pattern on daily chart and in weekly chart it formed Bullish Hammer Pattern. For this week, we can expect up side movement in it
PARTICULAR ACTION ENTRY PRICE
DETAILS BUY ABOVE 238.60
TARGET
248.00
STOP LOSS
233.60
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
279.70
R3
263.05
R2
246.40
R1
238.40
PP
229.75
S1
221.75
S2
213.10
S3
196.45
S4
179.80
For this week, traders can adopt buy on pattern breakout strategy in it and above the level of 238 it can test the level of 248 during the week. Trades can make buy position in it by maintaining a Stop Loss of 233.
13
Copyright © 2018 Ways2Capital. All rights reserved
25/09/2018
JET AIRWAYS FUTURES( Call of the Week ) Technical Outlook Last week, JETAIRWAYS Sept Futures started the week on negative note and after that it broke the 52 week’s low during the week. It made a low of 222.60 during the week and closed 230.40 with the overall loss of 13.86% on weekly basis. Technically it had given breakout of Symmetrical Triangle Pattern from the 52 week’s low with higher volume and we can
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
expect more downside movement in it.
DETAILS BUY BELOW 215.50
TARGET
201.50
STOP LOSS
221.50
WEEKLY PIVOTS
For this week, traders can adopt sell on Pattern breakout strategy in it and below the level of 215.50 it can test the level of 201.50 during the week. Trades can make sell position in it by maintaining a Stop Loss of 221.50
14
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
393.85
R3
343.25
R2
292.65
R1
261.50
PP
242.05
S1
210.90
S2
191.45
S3
140.85
S4
90.25 25/09/2018
DHFL FUTURES ( Call of the Week ) Technical Outlook Last week DHFL Sept Futures moved in negative trend and after breaking the 52 week’s low, it made low of 275.4 during the week and closed at 350.95 with the overall loss of 43.40% on weekly basis. Currently it trading in oversold zone and technically from here, we can expect short covering in it.
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
DETAILS BUY ABOVE 400
TARGET
480.00
STOP LOSS
394.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
1453.60
R3
1107.70
R2
761.80
R1
556.40
PP
415.90
S1
210.50
For this week, traders can adopt buy on lower level strategy in it and above the level of 400, it can test the level of 480
S2
70.00
during the week. Trades can make buy position in it by maintaining a Stop Loss of 394.00
S3
-
S4
-
15
Copyright © 2018 Ways2Capital. All rights reserved
25/09/2018
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
25/09/2018
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
25/09/2018