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 26 OCT 18
CURRENCY MARKET UPDATE
WEEKLY CHANGES
WEEKLY % CHANGE
CURRENCY PAIR
CURRENT CLOSING
PREVIOUS CLOSING
WEEKLY % CHANGE
Nifty
10030.00
-273.55
-2.73%
USDINR
73.6800
73.6825
0.00%
Nifty 100
10225.30
-278.75
-2.73%
GBPINR
94.3850
96.2125
-1.90%
Nifty 200
5289.50
-137.05
-2.59%
EURINR
84.2325
84.2325
0.00%
Nifty 500
8417.25
-223.40
-2.65%
JPYINR
65.8900
65.7075
0.28%
India VIX
19.23
-0.56
-2.91%
EURUSD
1.1390
1.1600
-1.81%
Nifty Bank
24421.05
-664.75
-2.72%
GBPUSD
1.2836
1.3068
-1.78%
Nifty Auto
8578.05
-112.20
-1.31%
Dollar Index
96.13
95.38
0.79%
Nifty Finance
10260.10
-24.15
-0.24%
Nifty FMCG
28013.55
-831.70
-2.97%
Nifty IT
13798.60
-678.25
-4.92%
Nifty Media
2359.10
-138.30
-5.86%
Nifty Metal
3283.90
-81.10
-2.47%
Nifty Pharma
9115.10
-535.20
-5.87%
Nifty PSU Banks
2572.85
-113.10
-4.40%
Nifty PVT Bank
13785.05
-424.50
-3.08%
205.40
1.10
0.54%
Nifty Realty 2
COMMODITY MARKET UPDATE COMMODITY
CURRENT CLOSING
PREVIOUS CLOSING
Gold COMEX
1232.50
1225.30
0.59%
Gold MCX
31937
31902
0.11%
Crude Oil NYMEX
67.59
69.12
-2.21%
Crude Oil MCX
4951
5115
-3.21%
Brent Oil NYMEX
77.62
79.78
-2.71%
Copper MCX
444.70
453.00
-1.83%
Natural Gas NYMEX
3.185
3.250
-2.00%
Copyright © 2018 Ways2Capital. All rights reserved
WEEKLY % CHANGE
30/10/2018
Market at a Glance WEEKLY GAINERS SCRIP
CLOSING PRICE
WEEKLY % CHANGE
52 WEEK HIGH
BAJFINANCE
2323.00
9.58%
2994.00
HINDPETRO
227.10
8.22%
484.35
IOC
137.95
6.69%
221.00
TITAN
807.50
4.01%
999.70
BPCL
280.40
3.56%
551.55
WEEKLY LOSERS CLOSING PRICE
WEEKLY % CHANGE
52 WEEK LOW
YESBANK
181.20
-14.97%
165.00
GRASIM
756.50
-11.42%
756.00
SUNPHARMA
550.90
-9.21%
435.00
INFY
634.05
-6.83%
458.47
JSWSTEEL
334.50
-5.76%
237.60
SCRIP
3
Copyright © 2018 Ways2Capital. All rights reserved
30/10/2018
Economic Calendar ECONOMIC EVENTS CALENDER TIME
CURRENY
EVENT
FORECAST
PREVIOUS
Monday, October 29, 2018 18:00
GBP
Autumn Budget
Tuesday, October 30, 2018
19:30
USD
CB Consumer Confidence (Oct)
137
138.4
Wednesday, October 31, 2018 6:30
CNY
Manufacturing PMI (Oct)
50.7
50.8
17:45
USD
ADP Nonfarm Employment Change (Oct)
195K
230K
20:00
USD
Crude Oil Inventories
-
6.346M
49.9
50
Thursday, November 1, 2018 7:15
CNY
Caixin Manufacturing PMI (Oct)
15:00
GBP
Manufacturing PMI (Oct)
-
53.8
17:30
GBP
BoE Inflation Report
-
-
17:30
GBP
BoE Interest Rate Decision (Nov)
0.75%
0.75%
18:00
GBP
BoE Gov Carney Speaks
-
-
19:30
USD
ISM Manufacturing PMI (Oct)
59.6
59.8
52.5 189K 3.70%
52.1 134K 3.70%
Friday, November 2, 2018 15:00 18:00 18:00 4
GBP USD USD
Construction PMI (Oct) Nonfarm Payrolls (Oct) Unemployment Rate (Oct) Copyright © 2018 Ways2Capital. All rights reserved
30/10/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
ADANIPORTS
402.50
371.80
341.10
322.05
310.37
291.30
279.65
248.95
218.25
ASIANPAINT
1573.25
1444.10
1314.95
1253.60
1185.78
1124.40
1056.60
927.45
798.30
AXISBANK
676.30
633.90
591.50
563.65
549.08
521.20
506.65
464.25
421.85
BAJAJ-AUTO
3119.35
2919.45
2719.55
2619.30
2519.63
2419.35
2319.70
2119.80
1919.90
BAJAJFINSV
6952.70
6396.70
5840.70
5614.35
5284.67
5058.30
4728.65
4172.65
3616.65
BAJFINANCE
3370.20
2990.95
2611.70
2467.35
2232.45
2088.10
1853.20
1473.95
1094.70
BHARTIARTL
456.75
404.85
352.95
325.20
301.02
273.25
249.10
197.20
145.30
BPCL
355.30
328.85
302.40
291.40
275.95
264.95
249.50
223.05
196.60
CIPLA
739.65
697.65
655.65
628.60
613.62
586.55
571.60
529.60
487.60
COALINDIA
310.60
300.25
289.90
285.45
279.52
275.05
269.15
258.80
248.45
DRREDDY
3093.40
2878.80
2664.20
2531.10
2449.57
2316.45
2234.95
2020.35
1805.75
EICHERMOT
25013.35
24028.35
23043.35
22411.70
22058.33
21426.65
21073.30
20088.30
19103.30
GAIL
400.95
381.55
362.15
351.65
342.73
332.20
323.30
303.90
284.50
GRASIM
1187.20
1057.90
928.60
842.55
799.27
713.20
669.95
540.65
411.35
HCLTECH
1171.70
1106.05
1040.40
1003.70
974.75
938.05
909.10
843.45
777.80
HDFC
2009.80
1905.80
1801.80
1751.10
1697.78
1647.05
1593.75
1489.75
1385.75 Continued .......
5
Copyright © 2018 Ways2Capital. All rights reserved
30/10/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT)
6
SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
HDFCBANK
2189.75
2118.75
2047.75
2004.50
1976.73
1933.45
1905.70
1834.70
1763.70
HEROMOTOCO
3065.70
2946.60
2827.50
2768.75
2708.37
2649.60
2589.25
2470.15
2351.05
HINDALCO
280.20
260.70
241.20
231.00
221.70
211.50
202.20
182.70
163.20
HINDPETRO
329.70
293.80
257.90
242.50
222.00
206.60
186.10
150.20
114.30
HINDUNILVR
1696.20
1651.95
1607.70
1579.35
1563.42
1535.05
1519.15
1474.90
1430.65
IBULHSGFIN
1104.70
971.05
837.40
762.20
703.72
628.50
570.05
436.40
302.75
ICICIBANK
373.30
355.10
336.90
325.60
318.70
307.40
300.50
282.30
264.10
INDUSINDBK
2025.00
1846.10
1667.20
1555.10
1488.30
1376.20
1309.40
1130.50
951.60
INFRATEL
301.10
289.00
276.90
270.95
264.77
258.80
252.65
240.55
228.45
INFY
848.45
783.30
718.15
676.10
653.00
610.95
587.85
522.70
457.55
IOC
184.50
167.95
151.40
144.70
134.83
128.10
118.25
101.70
85.15
ITC
334.30
317.20
300.10
290.00
283.00
272.90
265.90
248.80
231.70
KOTAKBANK
452.90
417.10
381.30
357.90
345.47
322.05
309.65
273.85
238.05
LT
1398.90
1323.25
1247.60
1200.30
1171.92
1124.60
1096.25
1020.60
944.95
LUPIN
1320.10
1280.30
1240.50
1218.90
1200.68
1179.05
1160.85
1121.05
1081.25
M&M
829.80
796.80
763.80
745.40
730.80
712.40
697.80
664.80
631.80 Continued .......
Copyright © 2018 Ways2Capital. All rights reserved
30/10/2018
Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME
R4
R3
R2
R1
PP
S1
S2
S3
S4
MARUTI
7918.35
7513.35
7108.35
6906.70
6703.33
6501.65
6298.30
5893.30
5488.30
NTPC
199.95
186.85
173.75
166.50
160.65
153.40
147.55
134.45
121.35
ONGC
194.30
181.15
168.00
160.00
154.82
146.80
141.65
128.50
115.35
POWERGRID
209.55
202.70
195.85
192.20
188.98
185.30
182.10
175.25
168.40
RELIANCE
1353.10
1254.70
1156.30
1099.40
1057.88
1000.95
959.45
861.05
762.65
SBIN
309.60
291.00
272.40
260.15
253.77
241.50
235.15
216.55
197.95
SUNPHARMA
773.00
706.20
639.40
595.15
572.57
528.30
505.75
438.95
372.15
TATAMOTORS
206.50
194.25
182.00
174.90
169.75
162.65
157.50
145.25
133.00
TATASTEEL
628.80
602.35
575.90
563.75
549.45
537.30
523.00
496.55
470.05
TCS
2209.10
2084.20
1959.30
1877.65
1834.37
1752.70
1709.45
1584.55
1459.65
TECHM
810.05
760.45
710.85
682.10
661.25
632.50
611.65
562.05
512.45
TITAN
959.45
905.60
851.75
829.65
797.88
775.75
744.00
690.15
636.30
ULTRACEMCO
4425.50
4087.95
3750.40
3565.20
3412.82
3227.60
3075.25
2737.70
2400.15
UPL
820.00
753.00
686.00
653.00
619.00
586.00
552.00
485.00
418.00
VEDL
268.10
247.85
227.60
215.70
207.33
195.40
187.05
166.80
146.55
WIPRO
407.70
376.45
345.20
331.85
313.92
300.55
282.65
251.40
220.15
YESBANK
352.00
298.25
244.50
212.85
190.72
159.05
136.95
83.20
29.45
ZEEL
570.90
524.85
478.80
449.65
432.75
403.60
386.70
340.65
294.60
7
Copyright © 2018 Ways2Capital. All rights reserved
30/10/2018
Open Interest & Price Analysis LONG BUILD-UP CHANGE IN OI (In %)
PRICE CHANGE (In %)
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
-
-
-
PFC
-60.16%
2.37%
-
-
-
CHOLAFIN
-36.71%
8.01%
-
-
-
CANFINHOME
-33.80%
10.32%
-
-
-
MUTHOOTFIN
-31.86%
6.29%
-
-
-
TORNTPHARM
-29.92%
3.18%
SCRIP
SHORT BUILD-UP
LONG UNWINDING
CHANGE IN OI (In %)
PRICE CHANGE (In %)
EQUITAS
44.16%
-21.52%
INFIBEAM
-49.87%
-43.11%
GRASIM
42.65%
-13.47%
CESC
-41.08%
-6.38%
BHARATFIN
22.28%
-9.12%
ACC
-38.08%
-4.82%
BHEL
15.10%
-10.37%
RAMCOCEM
-37.60%
-2.46%
UBL
11.62%
-6.25%
JPASSOCIAT
-37.53%
-11.28%
SCRIP
8
NIFTY OPTIONS OPEN INTEREST ANALYSIS
SHORT COVERING
SCRIP
CHANGE IN OI (In %)
PRICE CHANGE (In %)
Copyright © 2018 Ways2Capital. All rights reserved
Analysis : As per the analysis of above chart. Major Resistance Level: 10500 followed by 11000 Major Support Levels: 10000 30/10/2018
Nifty Analysis Fundamental Outlook
NIFTY WEEKLY PIVOTS
Last week, our Indian Equity market was once again in the mood of sell off as Nifty index lost more than 250 points on weekly
PARTICULAR
LEVEL
R4
11288.00
R3
10913.00
R2
10538.00
R1
10296.00
PP
10163.00
S1
9921.00
S2
9788.00
S3
9413.00
S4
9038.00
basis. Selling in Indian Equity market was ably supported by Global markets where most of the markets closed in huge red on weekly basis. On Sectorial basis Heavy across-the-board selloff on the NSE led to the sharp fall in the markets. Nifty IT and Private Bank indices were the biggest sectorial losers and declined ~2% each. Nifty FMCG and Bank also dropped 1.5% each. Further, among stocks, Infosys, ITC, TCS, Axis Bank, Kotak Bank, and Yes Bank were the major contributors to the fall on the index. On the local currency front, the Indian rupee was trading 6 paisa lower at 73.36 against the US dollar on Friday. The domestic currency had opened 17 paisa higher at 73.44 against the US greenback vs. Thursday’s close of 73.27.Overall Indian rupee was remained under pressure last week. Crude oil price remained negative throughout the week.
Technical Outlook The Nifty futures started the last week on negative note on Monday and traded with negative sentiments throughout the week. Index continued to witness extreme volatility last week with the Nifty witnessing wild swings on both sides. The Nifty index corrected 273.35 points or more than 2.5% on a weekly basis to give closing on negative note.
Continued ….... 9
Copyright © 2018 Ways2Capital. All rights reserved
30/10/2018
Nifty Analysis Last week bulls somehow managed to defend major support levels of 10000. On weekly charts index has formed strong
WEEKLY STRATEGY
bearish candle but there is a bright chance of a relief rally from lower levels. If index crosses 10310 in next week itself then it can test the levels of 10400 and than 480 from where the selling pressure was aggravated last timeUpside resistance is placed at 10410 & 10510 levels while support is placed at 10030 levels. On option front, maximum Put open interest (OI)
PARTICULAR ACTION
DETAILS BUY
was at 10000 followed by 9800 strike while maximum Call OI was at 10500 followed by 10800 strikes ENTRY PRICE
ABOVE 10310
TARGET
10390
STOP LOSS
10250
TECHNICAL INDICATOR ANALYSIS INDICATOR
For this week, traders can adopt buy on lower level strategy in it and above the level of 10310. It can test the level of Rs. 10390 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 10250.
CURRENT TREND
20 Days EMA
POSITIVE
50 Days EMA
NEGATIVE
200 Days EMA
NEGATIVE
RSI
POSITIVE
MACD
POSITIVE
STOCHASTIC
POSITIVE Continued …....
10
Copyright © 2018 Ways2Capital. All rights reserved
30/10/2018
Bank Nifty Analysis Technical Outlook
WEEKLY STRATEGY
The Nifty Bank index started the last week on negative note on Monday and traded with negative sentiment throughout the week. The Bank Nifty fell 0.89 percent and comparatively remained resilient, but failed to surpass its major hurdle at 25,500
PARTICULAR ACTION
DETAILS BUY
levels. Bank nifty is still looking bearish as it has formed a full bearish candle on weekly chart but some relief rally can be take place in it. If it managed to sustain above the levels of 25100 than it can go further up to 25600 levels, where major resistance is placed. while Down side support is placed at 24700 levels.
ENTRY PRICE
ABOVE 25100
TARGET
25600
STOP LOSS
24750
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 25100. It can test the level of Rs. 25600 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 24750. 11
Copyright Š 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
27966.65
R3
26915.65
R2
25864.65
R1
25183.30
PP
24813.65
S1
24132.30
S2
23762.65
S3
22711.65
S4
21660.65 30/10/2018
BAJAJ FINANCE Cash( Call of the Week ) Technical Outlook Overall trend of the Stock is bullish for long term . For short-medium term stock is in correction phase . Last week stock started on negative note but good buying was seen in it from lower levels throughout the week. On daily chart it is consolidating on lower levels and forming double bottom. If it manages to trade above 2370 levels than further upside move can be seen in it. In intraday it showed a good positive move.
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
DETAILS BUY Above 2370
TARGET
2440.00
STOP LOSS
2326.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 2370 it can test the level of Rs. 2440 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 2326
12
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
3375.50
R3
2996.25
R2
2617.00
R1
2477.95
PP
2237.75
S1
2098.70
S2
1858.50
S3
1479.25
S4
1100.00 30/10/2018
AJANTA PHARMA 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, it started on positive note and traded with sideways movement throughout the week. On daily chart it has gave breakout of
PARTICULAR ACTION
DETAILS BUY
its major resistance Levels of 1000. On intraday chart it has gave breakout of trend line. If it manages to trade above the levels of 1008 than further upside move can be seen in it
ENTRY PRICE
Above 1008
TARGET
1044.00
STOP LOSS
988.00
WEEKLY PIVOTS
For this week, traders can adopt buy on lower level strategy in it and above the level of 1008 it can test the level of Rs. 1044 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 988.
13
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
1250.80
R3
1161.40
R2
1072.00
R1
1024.70
PP
982.6
S1
935.30
S2
893.20
S3
803.80
S4
714.40 30/10/2018
JUSTDIAL FUTURES( Call of the Week ) Technical Outlook Last week, JUSTDIAL Nov Futures started the week on positive note and after that it continued the downside trend. It made a high of 501.60 during the week and closed 435.35 with the overall loss of 9.20 % on weekly basis. Technically it
WEEKLY STRATEGY PARTICULAR
made a Pull Back rally from lower levels and also giving trend line breakout. For this week, we can expect upside moves in
ACTION
it.
ENTRY PRICE
DETAILS BUY ABOVE 453.50
TARGET
483.50
STOP LOSS
449.00
WEEKLY PIVOTS PARTICULAR
LEVEL
R4
701.10
R3
618.00
R2
534.90
R1
485.10
PP
451.80
S1
402.00
S2
368.70
For this week, traders can adopt buy from trend line breakout strategy and above the level of 453.50, it can test the level
S3
285.60
of 483.50 during the week. Trades can make buy position in it by maintaining a Stop Loss of 449.
S4
202.50
14
Copyright © 2018 Ways2Capital. All rights reserved
30/10/2018
BPCL FUTURES ( Call of the Week ) Technical Outlook Last week, BPCL Nov Futures started the week on negative note and after that it witnessed choppy movement for the entire week. It made a low of 262.50 during the week and closed 276.55 with the overall loss of 3.20 % on weekly basis. Technically it formed Dragaon Fly Doji and Spining Top pattern which are the good sign of reversal and for this week, we can
WEEKLY STRATEGY PARTICULAR ACTION ENTRY PRICE
expect upside movement in it.
DETAILS BUY ABOVE 280
TARGET
289.00
STOP LOSS
276.00
WEEKLY PIVOTS
For this week, traders can buy on lower level strategy in it and above the level of 280 it can test the level of 289 during the week. Trades can make buy position in it by maintaining a Stop Loss of 276.
15
Copyright © 2018 Ways2Capital. All rights reserved
PARTICULAR
LEVEL
R4
353.30
R3
327.25
R2
301.20
R1
288.90
PP
275.15
S1
262.85
S2
249.10
S3
223.05
S4
197.00 30/10/2018
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
30/10/2018
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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30/10/2018