HIGH BROW MARKET RESEARCH INVESTMENT ADVISOR PRIVATE LIMITED
PHONE: 0731-6554125 | MAIL: SUPPORT@WAYS2CAPITAL.COM | ADD : 515-516, SHAGUN ARCADE,VIJAY NAGAR, INDORE, MP, 452001
Market Wrap–Up MAJOR INDICES INDEX Nifty
CLOSING AS ON 25th May 18
CURRENCY MARKET UPDATE
WEEKLY CHANGES
WEEKLY % CHANGE
CURRENCY PAIR
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
10605.15
8.75
0.08%
USDINR
67.7250
67.9850
-0.38%
Nifty 100
10934
25.95
0.24%
GBPINR
90.1430
91.5870
-1.58%
Nifty 200
5708.85
7.95
0.14%
EURINR
78.8920
80.0450
-1.44%
Nifty 500
9215.55
6.35
0.07%
JPYINR
61.9375
61.3375
0.98%
Nifty VIX
12.65
-1.51
-10.64%
EURUSD
1.1650
1.1771
-1.03%
Nifty Bank
26273.55
397.95
1.54%
GBPUSD
1.3296
1.3470
-1.29%
Nifty Auto
10883.00
-79.75
-0.73%
Dollar Index
94.21
93.58
0.67%
Nifty Finance
10885.8
102.60
0.95%
Nifty FMCG
28595.80
-256.90
-0.89%
Nifty IT
13762.35
303.20
2.25%
Nifty Media
3228.10
11.05
0.34%
Nifty Metal
3567.4
-23.25
-0.65%
Nifty Pharma
8297.25
85.40
1.04%
Nifty PSU Banks
2950
293.25
Nifty PVT Bank
14956.70 295.5
Nifty Realty 2
COMMODITY MARKET UPDATE COMMODITY
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Gold COMEX
1300.19
1288.26
0.93%
Gold MCX
31189
31091
0.32%
Crude Oil NYMEX
67.64
71.86
-5.87%
Crude Oil MCX
4597
4855
-5.31%
11.04%
Brent Oil NYMEX
76.33
78.98
-3.36%
92.20
0.62%
Copper MCX
461.80
462.15
-0.08%
-7.25
-2.39%
Natural Gas NYMEX
2.980
2.847
4.67%
Copyright © 2018 Ways2Capital. All rights reserved
29/05/2018
Market at a Glance WEEKLY GAINERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
SBI
267.00
11.62%
351.50
BAJAJ FINSERVE
6061.20
5.83%
6085.00
HINDALCO
245.65
5.77%
283.95
BHARTI AIRTEL
378.00
4.43%
565.00
INFOSYS
1228.80
3.81%
1248.00
SCRIP
WEEKLY LOSERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
VEDANTA
251.90
-6.91%
223.40
HPCL
295.10
-5.45%
272.30
ONGC
175.35
-5.24%
155.30
ULTRATECH CEM
3676.95
-4.72%
3632.25
TATASTEEL
567.20
-4.11%
454.52
SCRIP
3
Copyright © 2018 Ways2Capital. All rights reserved
29/05/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
4
CURRENY
-
GBP USD
18:30 19:30
USD USD
5:20 17:45 18:00
JPY USD USD
5:20 6:30 17:30 18:00 19:15 20:30
JPY CNY INR USD USD USD
5:20 7:15 14:00 18:00 18:00 19:15 19:30
JPY CNY GBP USD USD USD USD
EVENT Monday, May 28, 2018 United Kingdom - Spring United States - Memorial Day Tuesday, May 29, 2018 S&P/CS HPI Composite - 20 n.s.a. (YoY) (Mar) CB Consumer Confidence (May) Wednesday, May 30, 2018 Retail Sales (YoY) (Apr) ADP Nonfarm Employment Change (May) GDP (QoQ) (Q1) Thursday, May 31, 2018 Industrial Production (MoM) (Apr) Manufacturing PMI (May) GDP Quarterly (YoY) (Q4) Initial Jobless Claims Chicago PMI (May) Crude Oil Inventories Friday, June 1, 2018 Capital Spending (YoY) (Q1) Caixin Manufacturing PMI (May) Manufacturing PMI (May) Nonfarm Payrolls (May) Unemployment Rate (May) Manufacturing PMI (May) ISM Manufacturing PMI (May) Copyright © 2018 Ways2Capital. All rights reserved
FORECAST
PREVIOUS Holiday Holiday
6.40% 128
6.80% 128.7
1.00% 187K 2.30%
1.00% 204K 2.30%
1.20% 51.3 7.30% 225K 58 -
1.40% 51.4 7.20% 234K 57.6 5.778M
51 53.6 185K 3.90% 58
4.30% 51.1 53.9 164K 3.90% 56.6 57.3 29/05/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
ADANIPORTS
462.55
434.70
406.85
393.30
378.98
365.40
351.10
323.25
295.40
ASIANPAINT
1443.00
1391.30
1339.60
1312.80
1287.90
1261.10
1236.20
1184.50
1132.80
AXISBANK
607.00
582.90
558.80
550.00
534.70
525.90
510.60
486.50
462.40
BAJAJ-AUTO
3150.35
3021.70
2893.05
2825.30
2764.38
2696.60
2635.70
2507.05
2378.40
BAJAJFINSV
7363.85
6887.35
6410.85
6247.90
5934.35
5771.40
5457.85
4981.35
4504.85
BAJFINANCE
2456.50
2344.80
2233.10
2176.55
2121.37
2064.80
2009.65
1897.95
1786.25
BHARTIARTL
454.95
426.55
398.15
387.90
369.73
359.45
341.30
312.90
284.50
BPCL
503.15
462.25
421.35
401.35
380.43
360.40
339.50
298.60
257.70
CIPLA
709.00
651.30
593.60
564.60
535.88
506.85
478.15
420.45
362.75
COALINDIA
331.30
312.60
293.90
285.80
275.20
267.10
256.50
237.80
219.10
DRREDDY
2410.65
2261.65
2112.65
2040.25
1963.62
1891.20
1814.60
1665.60
1516.60
EICHERMOT
33073.85
32029.50
30985.15
30592.60
29940.78
29548.20
28896.40
27852.05
26807.70
GAIL
408.15
377.55
346.95
333.90
316.32
303.25
285.70
255.10
224.50
GRASIM
1259.85
1184.00
1108.15
1069.10
1032.30
993.25
956.45
880.60
804.75
HCLTECH
1019.50
982.65
945.80
930.90
908.95
894.05
872.10
835.25
798.40
HDFC
2059.20
1979.25
1899.30
1858.65
1819.33
1778.65
1739.35
1659.40
1579.45 Continued .......
5
Copyright © 2018 Ways2Capital. All rights reserved
29/05/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2189.10
2124.45
2059.80
2033.90
1995.12
1969.20
1930.45
1865.80
1801.15
HEROMOTOCO
3918.60
3785.95
3653.30
3595.35
3520.63
3462.65
3387.95
3255.30
3122.65
HINDALCO
307.60
284.70
261.80
253.45
238.90
230.55
216.00
193.10
170.20
HINDPETRO
429.40
384.70
340.00
318.25
295.27
273.50
250.55
205.85
161.15
HINDUNILVR
1791.55
1722.20
1652.85
1616.95
1583.48
1547.55
1514.10
1444.75
1375.40
IBULHSGFIN
1433.00
1336.00
1239.00
1202.95
1141.97
1105.90
1044.95
947.95
850.95
ICICIBANK
337.00
322.90
308.80
302.50
294.67
288.35
280.55
266.45
252.35
INDUSINDBK
2232.00
2121.00
2010.00
1962.00
1899.00
1851.00
1788.00
1677.00
1566.00
INFRATEL
351.35
339.85
328.35
321.70
316.85
310.20
305.35
293.85
282.35
INFY
1452.05
1373.40
1294.75
1262.15
1216.07
1183.45
1137.40
1058.75
980.10
IOC
208.35
192.50
176.65
170.45
160.77
154.55
144.90
129.05
113.20
ITC
320.95
305.70
290.45
281.65
275.18
266.35
259.90
244.65
229.40
KOTAKBANK
1475.85
1411.00
1346.15
1320.60
1281.28
1255.70
1216.40
1151.55
1086.70
LT
1450.40
1411.40
1372.40
1355.80
1333.40
1316.80
1294.40
1255.40
1216.40
LUPIN
814.15
789.45
764.75
754.90
740.03
730.15
715.30
690.60
665.90
M&M
990.50
941.80
893.10
876.55
844.40
827.85
795.70
747.00
698.30 Continued .......
6
Copyright © 2018 Ways2Capital. All rights reserved
29/05/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
MARUTI
9461.35
9130.45
8799.55
8681.80
8468.63
8350.85
8137.70
7806.80
7475.90
NTPC
181.50
176.10
170.70
167.85
165.27
162.40
159.85
154.45
149.05
ONGC
273.50
240.00
206.50
190.85
172.98
157.30
139.45
105.95
72.45
POWERGRID
226.85
221.90
216.95
214.45
211.97
209.45
207.00
202.05
197.10
RELIANCE
1001.95
975.40
948.85
935.45
922.28
908.85
895.70
869.15
842.60
SBIN
347.40
317.95
288.50
277.75
259.02
248.25
229.55
200.10
170.65
SUNPHARMA
562.00
527.30
492.60
480.80
457.88
446.05
423.15
388.45
353.75
TATAMOTORS
397.90
364.75
331.60
312.80
298.43
279.60
265.25
232.10
198.95
TATASTEEL
760.90
696.70
632.50
600.00
568.27
535.75
504.05
439.85
375.65
TCS
4163.30
3969.50
3775.70
3682.80
3581.90
3489.00
3388.10
3194.30
3000.50
TECHM
830.70
787.00
743.30
724.20
699.58
680.45
655.85
612.15
568.45
TITAN
1045.55
1005.10
964.65
944.35
924.18
903.85
883.70
843.25
802.80
ULTRACEMCO
4944.70
4557.45
4170.20
3934.10
3782.92
3546.80
3395.65
3008.40
2621.15
UPL
812.00
772.85
733.70
716.35
694.55
677.20
655.40
616.25
577.10
VEDL
354.55
321.45
288.35
270.30
255.22
237.15
222.10
189.00
155.90
WIPRO
287.90
280.40
272.90
268.85
265.40
261.35
257.90
250.40
242.90
YESBANK
409.55
385.95
362.35
351.85
338.72
328.20
315.10
291.50
267.90
ZEEL
630.25
606.90
583.55
573.80
560.18
550.40
536.80
513.45
490.10
7
Copyright © 2018 Ways2Capital. All rights reserved
29/05/2018
Open Interest & price Analysis LONG BUILD-UP
NIFTY OPTIONS OPEN INTEREST ANALYSIS
SHORT COVERING
CHANGE IN OI (In %)
PRICE CHANGE (In %)
CHANGE IN OI (In %)
PRICE CHANGE (In %)
BERGEPAINT
56.08%
6.28%
NIITTECH
-23.76%
8.03%
COLPAL
47.58%
2.47%
STAR
-18.69%
7.97%
PIDILITIND
43.84%
5.30%
NHPC
-15.16%
3.82%
PAGEIND
42.06%
6.39%
SRTRANSFIN
-14.86%
6.14%
KPIT
21.84%
3.84%
HAVELLS
-13.90%
3.79%
SCRIP
SCRIP
LONG UNWINDING
SHORT BUILD-UP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
RCOM
-14.03%
-5.86%
-3.17%
BEML
-12.56%
-7.08%
20.83%
-4.96%
SRF
-11.63%
-2.61%
ONGC
19.18%
-5.39%
-
-
-
CHOLAFIN
19.01%
-3.23%
-
-
-
CHANGE IN OI (In %)
PRICE CHANGE (In %)
ACC
28.16%
-3.65%
IGL
24.75%
ADANIPOWER
SCRIP
8
SCRIP
Copyright © 2018 Ways2Capital. All rights reserved
Analysis : As per the analysis of above chart. Major Resistance Level: 10800 Major Support Levels: 10500
29/05/2018
Nifty Analysis NIFTY WEEKLY PIVOTS
Fundamental Outlook
PARTICULAR
LEVEL
R4
11181.10
R3
10970.85
R2
10760.60
R1
10682.90
PP
10550.35
S1
10472.65
Technical Outlook
S2
10340.10
Nifty May Future closed the week with marginal WoW gain of 11 points, and closed marginally above its crucial re-
S3
10129.85
S4
9919.60
During the last week, Equity Index had a roller-coaster ride, which kept lot of traders and investors on their toes. First half of the week looked very gloomy as we saw index sliding below the important psychological level of 10500 which led by sell off in all the major indices in the world and continues rising price of crude oil. But as weekend was near a good positive rally was seen in our market in last 2 trading session which again put index above its important support levels of 10600 which also could be attributed to the sharp fall in crude oil prices in last couple of the days of the week. On the Economic front USD/INR shows some relief as first time in last 5 weeks Indian Rupee closed on positive note with respect to US Dollar. Nifty P/E ratio was in the range of 26.10 to 26.24 for the past week. As far as the FII were remain in bearish in their approach while DII were main buyers in the last week.
sistance level of 10600. The index recovered from the lows of 10,409 with broad-based positive momentum across sectors and the stocks in the last two days of the week.
Continued ‌....
. 9
Copyright Š 2018 Ways2Capital. All rights reserved
29/05/2018
Nifty Analysis The markets will see a consolidation in the range of 10,500 to 10,800 levels over the next week. If we observe the Nifty options chain, most open positions are seen at 10800 calls while 10600 put option shows the most
WEEKLY STRATEGY PARTICULAR
DETAILS
open positions for put option. If it manages to sustain above the levels of 10600 than it can move further upside and can test 10800 levels. There could be volatility with respect to rollover movements in individual stocks.
Action Entry Price
.
BUY ABOVE 10640
Target
10795
Stop Loss
10498
TECHNICAL INDICATOR ANALYSIS INDICATOR
CURRENT TREND
20 Days EMA
POSITIVE
50 Days EMA
POSITIVE
200 Days EMA
POSITIVE
For this week, traders can adopt buy on lower level strategy in it and above the level of 10640. It can test the RSI level of Rs. 10795 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 10498.
POSITIVE
MACD
POSITIVE
STOCHASTIC
POSITIVE Continued …....
10
Copyright © 2018 Ways2Capital. All rights reserved
29/05/2018
Bank Nifty Analysis BANKNIFTY May Futures started the last week on negative note and continued its bearish run till Wednesday but in last couple of days was very cheerful for index as it has recovered all its previous three days loss and gave closing on positive note with 362 points gain on weekly basis. It has crossed its major resistance levels of 26000 on daily charts and if it manages to trade above these levels then further buying can be seen in it. Major resistance
WEEKLY STRATEGY PARTICULAR Action
DETAILS BUY
Entry Price
BELOW 26300
is placed at 26600 & 26800 levels while support is placed at 26100 & 25800 levels. Target
26600
Stop Loss
26095
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 26300, it can test the level of Rs. 26600 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 26095.
11
Copyright Š 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
28183.95
R3
27480.55
R2
26777.15
R1
26525.35
PP
26073.75
S1
25821.95
S2
25370.35
S3
24666.95
S4
23963.55 29/05/2018
SBILIFE CASH ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
SBILIFE is looking bullish on long term charts and in short term, stock was in some correction phase. Last week
PARTICULAR
stock started on negative note but from lower levels, we saw good buying in it. On daily chart stock has given
ACTION
breakout of falling wedge price pattern. On intraday chart stock has showed good positive movement and if it
ENTRY PRICE
manages to sustain above 680.00 level, then upside movement can be seen in it
DETAILS BUY Above 688.00
TARGET
720.00
STOP LOSS
660.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 688.00 it can test the level of Rs. 720 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 660 12
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
858.30
R3
798.60
R2
738.90
R1
711.40
PP
679.20
S1
651.70
S2
619.50
S3
559.80
S4
500.10 29/05/2018
VIPIND CASH ( Call of the Week ) Technical Outlook VIPIND is in overall bullish trend and form last couple of weeks, stock was in some consolidation phase. Last week stock started on positive note and traded with positive bias throughout the week. Stock has crossed its major resistance levels of 420.00 on daily chart and sustaining on higher levels. On intraday chart, stock has
WEEKLY STRATEGY PARTICULAR ACTION
DETAILS SELL
showed a good positive move after giving the breakout of its important resistance levels of 420 and for this
ENTRY PRICE
Below 1915.00
week, we can expect further upside movement in it.
TARGET
1965.00
STOP LOSS
1895.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
595.10
R3
532.20
R2
469.30
R1
447.70
PP
406.40
S1
384.80
S2
343.50
For this week, traders can adopt buy on lower level strategy in it and above the level of 430.00 it can test the
S3
280.60
level of Rs. 450.00 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 415
S4
217.70
13
Copyright © 2018 Ways2Capital. All rights reserved
29/05/2018
KOTAK BANK FUTURES ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Last week KOTAKBANK May Futures started the week on negative note and made low of Rs.1243, but in the
PARTICULAR
later part of the week, all of its earlier losses were erased and it closed at 1295.25 with the marginal gain of
Action
0.30% on weekly basis. It broke major resistance level of 1300 during the week but was unable to close above
Entry Price
the same. Technically it’s consolidating on higher levels with the positive bias and RSI and for this week, we can
DETAILS BUY Above 290.00
Target
297.00
Stop Loss
286.00
expect further upside movement in it.
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of Rs.1305 it can test the level of Rs.1325 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs.1295
14
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
2182.45
R3
2086.45
R2
1990.45
R1
1950.95
PP
1894.45
S1
1854.95
S2
1798.45
S3
1702.45
S4
1606.45 29/05/2018
INDUSIND BANK FUTURES ( Call of the Week ) Technical Outlook Last week INDUSINDBK May Futures started the week in negative note and made low of 1837.90 in the initial part of the week. In the later part of the week, it moved in positive trend and broke the major resistance level of Rs.1900 and give closing above this level. Technically it sustaining above major resistance level of 1900 with the positive RSI and for this week, we can expect further upside movement in it.
WEEKLY STRATEGY PERTICULAR ACTION ENTRY PRICE
DETAILS BUY Above 1305.00
TARGET
1325.00
STOP LOSS
1295.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of Rs.1915 it can test the level of Rs.1965 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs.1895
15
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
1467.10
R3
1405.10
R2
1343.10
R1
1319.20
PP
1281.10
S1
1257.20
S2
1219.10
S3
1157.10
S4
1095.10 29/05/2018
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
29/05/2018
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
29/05/2018