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
CURRENCY MARKET UPDATE
CLOSING AS ON 27th April 18
WEEKLY CHANGES
WEEKLY % CHANGE
10692.30
128.25
1.21%
Nifty 100
11095
128.15
Nifty 200
5832.70
Nifty 500 Nifty VIX
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
USDINR
66.8950
66.3575
0.81%
1.17%
GBPINR
92.2475
93.4350
-1.27%
66.75
1.16%
EURINR
81.0150
81.7975
-0.96%
9443.65
96.00
1.03%
JPYINR
61.2750
61.7450
-0.76%
12.02
-0.92
-7.11%
EURUSD
1.2117
1.2293
-1.43%
Nifty Bank
25394.6
450.75
1.81%
GBPUSD
1.3809
1.4045
-1.68%
Nifty Auto
11581.80
141.70
1.24%
Dollar Index
91.31
90.08
1.37%
Nifty Finance
10614.9
113.50
1.08%
Nifty FMCG
28433.50
322.55
1.15%
Nifty IT
13794.9
-115.45
-0.83%
Nifty Media
3356.00
-21.50
-0.64%
Nifty Metal
3763.85
-127.60
-3.28%
Nifty Pharma
8987.40
167.60
1.90%
Nifty PSU Banks
2814.9
15.80
Nifty PVT Bank
14560.05 317.25
INDEX Nifty
Nifty Realty 2
CURRENCY PAIR
COMMODITY MARKET UPDATE COMMODITY
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Gold COMEX
1324.40
1336.70
-0.92%
Gold MCX
31211
31432
-0.70%
Crude Oil NYMEX
68.02
68.38
-0.53%
Crude Oil MCX
4547
4531
0.35%
0.56%
Brent Oil NYMEX
74.42
74.06
0.49%
396.65
2.80%
Copper MCX
454.00
464.15
-2.19%
7.05
2.27%
Natural Gas NYMEX
2.771
2.739
1.17%
Copyright © 2018 Ways2Capital. All rights reserved
30/04/2018
Market at a Glance WEEKLY GAINERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
YES BANK
348.45
12.97%
383.25
M&M
861.45
7.61%
867.50
RELIANCE
994.75
7.19%
1010.70
AXIS BANK
538.90
6.53%
627.50
ADANI PORTS
401.45
5.30%
451.55
SCRIP
WEEKLY LOSERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
HINDALCO
235.20
-10.23%
181.80
WIPRO
275.35
-7.71%
244.33
VEDANTA
294.20
-4.60%
217.95
671.25
-4.22%
357.60
1310.25
-3.27%
995.00
SCRIP
TECH MAHINDRA INDIABULLS HOUSING 3
Copyright © 2018 Ways2Capital. All rights reserved
30/04/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
CURRENY
EVENT
FORECAST
PREVIOUS
Monday, April 30, 2018
4
All Day 6:30
CNY CNY
China - Labour Day Manufacturing PMI (Apr)
19:30
USD
All Day All Day
Holiday 51.3
51.5
0.60%
3.10%
CNY INR
Pending Home Sales (MoM) (Mar) Tuesday, May 1, 2018 China - Labour Day India - Maharashtra Day
14:00
GBP
Manufacturing PMI (Apr)
55.00
55.10
19:30
USD
58.6
59.3
7:15
CNY
ISM Manufacturing PMI (Apr) Wednesday, May 2, 2018 Caixin Manufacturing PMI (Apr)
50.80
51.00
14:00
GBP
Construction PMI (Apr)
49.4
47
17:45
USD
ADP Nonfarm Employment Change (Apr)
200K
241K
20:00 23:30 23:30
USD USD USD
1.75%
2.170M 1.75%
14:00
GBP
Crude Oil Inventories FOMC Statement Fed Interest Rate Decision Thursday, May 3, 2018 Services PMI (Apr)
52.90
51.70
19:30
USD
ISM Non-Manufacturing PMI (Apr)
58.40
58.80
18:00
USD
Friday, May 4, 2018 Nonfarm Payrolls (Apr)
198K
103K
18:00
USD
Unemployment Rate (Apr)
4.00%
4.10%
Copyright © 2018 Ways2Capital. All rights reserved
Holiday Holiday
30/04/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
ADANIPORTS
453.00
434.20
415.40
406.05
396.57
ASIANPAINT
1321.55
1272.00
1222.45
1196.25
AXISBANK
690.65
628.80
566.95
BAJAJ-AUTO
3227.80
3117.80
BAJAJFINSV
5976.85
BAJFINANCE
S1
S2
S3
S4
387.20
377.75
358.95
340.15
1172.88
1146.65
1123.30
1073.75
1024.20
528.95
505.08
467.05
443.20
381.35
319.50
3007.80
2945.60
2897.80
2835.60
2787.80
2677.80
2567.80
5779.30
5581.75
5468.40
5384.18
5270.80
5186.60
4989.05
4791.50
2094.60
2032.25
1969.90
1938.45
1907.52
1876.05
1845.15
1782.80
1720.45
BHARTIARTL
502.70
471.90
441.10
424.00
410.30
393.20
379.50
348.70
317.90
BPCL
442.20
423.45
404.70
395.85
385.92
377.05
367.15
348.40
329.65
CIPLA
659.80
639.00
618.20
608.55
597.37
587.70
576.55
555.75
534.95
COALINDIA
323.30
311.85
300.40
295.35
288.92
283.85
277.45
266.00
254.55
DRREDDY
2459.00
2343.10
2227.20
2158.50
2111.30
2042.60
1995.40
1879.50
1763.60
EICHERMOT
36244.80
34615.30
32985.80
32105.40
31356.30
30475.90
29726.80
28097.30
26467.80
GAIL
385.35
366.55
347.75
336.85
328.92
318.00
310.10
291.30
272.50
GRASIM
1218.20
1169.55
1120.90
1095.45
1072.22
1046.75
1023.55
974.90
926.25
HCLTECH
1264.05
1199.30
1134.55
1104.60
1069.80
1039.85
1005.05
940.30
875.55
HDFC
1949.70
1916.70
1883.70
1866.85
1850.67
1833.80
1817.65
1784.65
1751.65 Continued .......
5
Copyright © 2018 Ways2Capital. All rights reserved
30/04/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2038.90
2002.10
1965.30
1945.70
1928.47
1908.85
1891.65
1854.85
1818.05
HEROMOTOCO
4089.05
3971.15
3853.25
3811.65
3735.33
3693.70
3617.40
3499.50
3381.60
HINDALCO
261.10
252.20
243.30
238.65
234.37
229.70
225.45
216.55
207.65
HINDPETRO
363.90
342.45
321.00
309.00
299.52
287.50
278.05
256.60
235.15
HINDUNILVR
1636.20
1583.30
1530.40
1509.30
1477.48
1456.35
1424.55
1371.65
1318.75
IBULHSGFIN
1438.35
1399.65
1360.95
1339.45
1322.25
1300.75
1283.55
1244.85
1206.15
ICICIBANK
331.00
314.65
298.30
288.50
281.92
272.10
265.55
249.20
232.85
INDUSINDBK
2044.35
1988.35
1932.35
1908.70
1876.33
1852.65
1820.30
1764.30
1708.30
INFRATEL
407.60
379.15
350.70
334.00
322.25
305.55
293.80
265.35
236.90
INFY
1326.50
1275.30
1224.10
1200.60
1172.88
1149.35
1121.65
1070.45
1019.25
IOC
182.50
175.55
168.60
165.05
161.65
158.10
154.70
147.75
140.80
ITC
302.25
294.00
285.75
282.25
277.47
273.95
269.20
260.95
252.70
KOTAKBANK
1350.10
1293.75
1237.40
1211.45
1181.05
1155.10
1124.70
1068.35
1012.00
LT
1511.40
1458.50
1405.60
1375.30
1352.70
1322.40
1299.80
1246.90
1194.00
LUPIN
941.90
896.05
850.20
821.60
804.35
775.75
758.50
712.65
666.80
M&M
988.10
941.45
894.80
874.15
848.12
827.45
801.45
754.80
708.15 Continued .......
6
Copyright © 2018 Ways2Capital. All rights reserved
30/04/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
10216.60
9789.15
9361.70
9153.35
8934.22
8725.85
8506.75
8079.30
7651.85
NTPC
187.65
182.40
177.15
174.40
171.90
169.15
166.65
161.40
156.15
ONGC
197.45
191.70
185.95
183.10
180.20
177.35
174.45
168.70
162.95
POWERGRID
225.45
219.35
213.25
210.40
207.13
204.25
201.00
194.90
188.80
RELIANCE
1201.05
1125.05
1049.05
1011.10
973.05
935.10
897.05
821.05
745.05
SBIN
277.10
263.80
250.50
241.90
237.18
228.55
223.85
210.55
197.25
SUNPHARMA
563.15
547.95
532.75
523.90
517.53
508.65
502.30
487.10
471.90
TATAMOTORS
366.60
354.95
343.30
337.30
331.65
325.65
320.00
308.35
296.70
TATASTEEL
660.80
635.70
610.60
594.25
585.47
569.10
560.35
535.25
510.15
TCS
4128.00
3910.50
3693.00
3608.50
3475.48
3390.95
3257.95
3040.45
2822.95
TECHM
781.85
750.35
718.85
706.20
687.32
674.65
655.80
624.30
592.80
TITAN
1039.00
1015.25
991.50
981.20
967.72
957.40
943.95
920.20
896.45
ULTRACEMCO
4537.85
4389.60
4241.35
4159.45
4093.08
4011.15
3944.80
3796.55
3648.30
UPL
821.85
797.40
772.95
760.50
748.48
736.00
724.00
699.55
675.10
VEDL
329.10
316.90
304.70
297.35
292.47
285.10
280.25
268.05
255.85
WIPRO
348.30
326.65
305.00
292.65
283.32
270.95
261.65
240.00
218.35
YESBANK
512.05
457.05
402.05
380.10
347.05
325.10
292.05
237.05
182.05
ZEEL
673.35
643.95
614.55
597.90
585.12
568.45
555.70
526.30
496.90
MARUTI
7
Copyright © 2018 Ways2Capital. All rights reserved
30/04/2018
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 %)
SRTRANSFIN
25.98%
3.59%
BPCL
-28.07%
4.66%
CADILAHC
20.98%
5.38%
MUTHOOTFIN
-25.26%
3.64%
AXISBANK
15.71%
6.11%
ASHOKLEY
-24.73%
4.52%
EQUITAS
9.56%
3.52%
MFSL
-17.71%
6.12%
NIITTECH
9.46%
14.11%
ICICIPRULI
-16.53%
15.77%
SCRIP
SCRIP
LONG UNWINDING
SHORT BUILD-UP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
CHANGE IN OI (In %)
PRICE CHANGE (In %)
PCJEWELLER
53.29%
-39.75%
NATIONALUM
-20.89%
-5.41%
APOLLOHOSP
21.46%
-5.34%
HCC
-18.68%
-5.54%
PETRONET
20.95%
-5.00%
VGUARD
-16.17%
-4.58%
MARUTI
15.69%
-2.96%
INDIGO
-14.24%
-6.56%
CONCOR
12.51%
-2.79%
RNAVAL
-13.59%
-36.33%
SCRIP
8
SCRIP
Copyright © 2018 Ways2Capital. All rights reserved
Analysis : As per the analysis of above chart. Major Resistance Level: 10700 Major Support Levels:- 10500.
30/04/2018
Nifty Analysis NIFTY WEEKLY PIVOTS
Fundamental Outlook Last week was very encouraging for Indian benchmark index, as after reaching the strong resistance levels of 10600-
PARTICULAR
LEVEL
R4
11242.35
R3
11052.95
R2
10863.55
R1
10793.70
PP
10674.15
S1
10604.30
S2
10484.75
S3
10295.35
S4
10105.95
10650 there was a lot of uncertainty was seen in investors and trades about the clear direction. But Nifty Index showed a lot of positivity despite some week global cues and underperformance in some of the major international index. FII DII activity remains contrast to each other for whole week. Nifty P/E ratio was in the range of 26.57 to 26.24 for the past week. On the Economic front USD/INR continues its strong hand as Indian Rupee once again closed on negative note with respect to US Dollar. Some of the private sector bank heavyweights showed good numbers in their quarterly results. Crude oil price were remain on higher side. For this week on Macroeconomic front; important economic data like Federal Fiscal Deficit, Infrastructure Output, Nikkei Markit Manufacturing PMI will provide further direction to the market
Technical Outlook Nifty future started the last week on a sideways note but ended the Monday trading session with some volatility ahead of April series future & options expiry. Index did noting in remaining part of the week except Friday’s trading session where it opened on a gap up note and showed some good positive movement throughout the day which led index to close on positive note on weekly basis. 9
Copyright © 2018 Ways2Capital. All rights reserved
Continued ….... 30/04/2018
Nifty Analysis WEEKLY STRATEGY Nifty managed to crosses its major resistance levels of 10650 and tested 10700 levels in past week. Going ahead
PERTICULAR
DETAILS
if index manages to sustain above the levels of 10750 than it is heading towards 10800 & 10900 levels where the major resistance are placed while downside 10500 will act as a major support levels.
Action
Buy
Entry Price
Above 10750
Target
10900/ 11000
Stop Loss
10630
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 10750. It can test the RSI
POSITIVE
level of Rs. 10900 & 11000 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. MACD
POSITIVE
10630.
POSITIVE
STOCHASTIC
Continued ….... 10
Copyright © 2018 Ways2Capital. All rights reserved
30/04/2018
Bank Nifty Analysis Bank Nifty May Futures continued its correction phase in the 1st half of the last and index observed a fall of more than 350 points from its high. However it managed to recover from its lower level in 2nd half of the week
WEEKLY STRATEGY PERTICULAR
and closed on positive note. Going ahead, index has formed Cup & Handle price pattern on daily chart and if it Action manages to cross its major resistance levels of 25450 than we can expect good upside movement in it.
DETAILS Buy
Entry Price
Above 25450
Target
25700/ 25800
Stop Loss
25290
WEEKLY PIVOTS
For this week, if it breaks the level of 25450, then it can test the level of 25700/ 25800 during the week on the upside. One can make buy position in it by maintaining a SL 25290.
11
Copyright Š 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
26647.65
R3
26204.90
R2
25762.15
R1
25603.70
PP
25319.40
S1
25160.95
S2
24876.65
S3
24433.90
S4
23991.15 30/04/2018
ADVENZYMES ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Last week, ADVENZYMES started the week on positive note and continued the same for the entire week. It made a high of 261.00 during the week and closed at 254.60 with the overall gain of 13.50% on weekly basis.
PERTICULAR
DETAILS
Although it’s in overall bearish trend but for short term, we can expect good upside movement in it because of
Action
BUY
the formation of technical reversal pattern on lower levels. Stock is also trading above its 21, 50 & 100 days
Entry Price
moving averages
Target
272.00
Stop Loss
257.00
Above 262.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
353.80
R3
318.20
R2
282.60
R1
268.60
PP
247.00
S1
233.00
S2
211.40
For this week, if it breaks the level of 262.00, then it can test the level of 272.00 during the week. One can
S3
175.80
make buy position in it by maintaining a SL 257.00
S4
140.20
12
Copyright © 2018 Ways2Capital. All rights reserved
30/04/2018
. IPCALAB
( Call of the Week )
Technical Outlook IPCALAB is in overall bullish trend and from last couple of weeks, consolidating on higher levels. Last week, it started the week on positive note and traded with bullish sentiments throughout the week. Stock is trading
WEEKLY STRATEGY PERTICULAR
DETAILS
near its major resistance levels of 740 with the good consolidation and also trading above its 21, 50 & 100 days
Action
BUY
moving averages. On daily chart, stock is forming triangle pattern and for this week, we can expect upside
Entry Price
movement in it.
Target
784.00
Stop Loss
722.00
Above 742.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
875.30
R3
824.30
R2
773.30
R1
754.60
PP
722.30
S1
703.60
S2
671.30
For this week, if it breaks the level of 742.00, then it can test the level of 784.00 during the week. One can
S3
620.30
make buy position in it by maintaining a SL 722.00
S4
569.30
13
Copyright Š 2018 Ways2Capital. All rights reserved
30/04/2018
ICICI BANK FUTURES ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Last week, ICICIBANK started the week on negative note but till the end of the week, all of its earlier losses
PERTICULAR
were erased and it closed in positive on weekly basis. Although ICICIBANK is in overall bearish trend but for
Action
short term, we can expect good upside movement in it because of the formation of technical reversal candle
Entry Price
pattern on lower levels coupled with the trend line breakout.
DETAILS BUY Above 290.00
Target
297.00
Stop Loss
286.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
334.85
R3
318.35
R2
301.85
R1
295.10
PP
285.35
S1
278.60
For this week, traders can adopt buy on lower level strategy in it and above the level of 290.00 it can test the
S2
268.85
level of Rs.297.00 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 257.00
S3
252.35
S4
235.85
14
Copyright © 2018 Ways2Capital. All rights reserved
30/04/2018
MOTHERSUMI FUTURES ( Call of the Week ) Technical Outlook
WEEKLY STRATEGY
Last week, MOTHERSUMI started the week on positive note and traded with the positive bias for the entire week. It made a high of 360.45 during the week and closed at 352.00 with the overall gain of 1% on weekly basis. Technically, it’s consolidating on higher levels with the positive RSI and also trading above its 21, 50 & 100 days moving averages. For this week, we can expect positive movement in it.
PERTICULAR Action
DETAILS BUY
Entry Price
Above 358.00
Target
368.00
Stop Loss
353.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
381.55
R3
372.70
R2
363.85
R1
359.95
PP
355
S1
351.10
S2
346.15
For this week, traders can adopt buy on lower level strategy in it and above the level of 358.00 it can test the
S3
337.30
level of Rs.368.00 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 353.00
S4
328.45
15
Copyright © 2018 Ways2Capital. All rights reserved
30/04/2018
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)
:
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.
16
Copyright © 2018 Ways2Capital. All rights reserved
30/04/2018
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
17
ववषम कंऩनी के अधधकायी, ननदे शक मा कभाचायी के रूऩ भें कबी बी काभ
Copyright © 2018 Ways2Capital. All rights reserved
30/04/2018