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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
2 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
CURRENCY MARKET UPDATE
CURRENCY PAIR
CURRENT
CLOSING
PREVIOUS
CLOSING
WEEKLY
% CHANGE
MAJOR INDICES
INDEX
CLOSING
AS ON 30TH NOV18
WEEKLY CHANGES
WEEKLY
% CHANGE
COMMODITY MARKET UPDATE
COMMODITY
CURRENT
CLOSING
PREVIOUS
CLOSING
WEEKLY
% CHANGE
Market Wrap–Up
Nifty 10876.75 350.00 3.32%
Nifty 100 11092.25 330.85 3.07%
Nifty 200 5732.90 156.95 2.81%
Nifty 500 9109.15 230.15 2.59%
India VIX 19.16 0.00 0.00%
Nifty Bank 26862.95 863.50 3.32%
Nifty Auto 9270.20 207.55 2.29%
Nifty Finance 11438.80 444.60 4.04%
Nifty FMCG 30126.25 882.15 3.02%
Nifty IT 14638.05 802.35 5.80%
Nifty Media 2549.85 81.95 3.32%
Nifty Metal 3163.75 -51.00 -1.59%
Nifty Pharma 9275.70 -26.60 -0.29%
Nifty PSU Banks 2915.20 -1.65 -0.06%
Nifty PVT Bank 15154.45 457.85 3.12%
Nifty Realty 232.00 5.45 2.41%
USDINR 69.8525 70.8050 -1.35%
GBPINR 89.2350 91.1575 -2.11%
EURINR 79.6475 80.9100 -1.56%
JPYINR 61.7175 62.7200 -1.60%
EURUSD 1.1390 1.1414 -0.21%
GBPUSD 1.2781 1.2880 -0.77%
Dollar Index 97.12 95.85 1.32%
Gold COMEX 1227.80 1223.40 0.36%
Gold MCX 30186 30495 -1.01%
Crude Oil NYMEX 50.70 50.42 0.56%
Crude Oil MCX 3576 3623 -1.30%
Brent Oil NYMEX 59.19 59.22 -0.05%
Copper MCX 426.70 429.85 -0.73%
Natural Gas NYMEX 4.637 4.309 7.61%
3 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
WEEKLY GAINERS
SCRIP
CLOSING
PRICE
WEEKLY
% CHANGE
52 WEEK
HIGH
WEEKLY LOSERS
SCRIP
CLOSING
PRICE
WEEKLY
% CHANGE
52 WEEK
LOW
Market at a Glance
TCS 1970.60 8.56% 2273.00
Infosys 666.50 7.42% 754.95
IndusInd
Bank
1631.55 6.70% 2037.90
Zee 488.55 6.55% 619.35
Bajaj Fi-
nance
2528.40 6.31% 2995.10
Yes Bank 169.65 -13.24% 147.00
ONGC 140.20 -7.28% 138.00
Sun Pharma 492.30 -6.37% 434.80
Tata Motors 171.95 -5.65% 164.55
Coal India 244.30 -4.85% 239.55
4 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
ECONOMIC EVENTS CALENDER
TIME CURRENY EVENT FORECAST PREVIOUS
Economic Calendar
Monday, December 3, 2018
7:15 CNY Caixin Manufacturing PMI (Nov) 50 50.1
15:00 GBP Manufacturing PMI (Nov) 51.8 51.1
20:30 USD ISM Manufacturing PMI (Nov) 57.5 57.7
Tuesday, December 4, 2018
14:45 GBP BoE Gov Carney Speaks
15:00 GBP Construction PMI (Nov) 52.5 53.2
Wednesday, December 5, 2018
14:30 INR Interest Rate Decision 6.50% 6.50%
15:00 GBP Services PMI (Nov) 52.5 52.2
18:45 USD ADP Nonfarm Employment Change (Nov) 195K 227K
20:30 USD ISM Non-Manufacturing PMI (Nov) 59.1 60.3
20:45 USD Fed Chair Powell Testifies
21:00 USD Crude Oil Inventories 0.769M 3.577M
Friday, December 7, 2018
19:00 USD Nonfarm Payrolls (Nov) 200K 250K
19:00 USD Unemployment Rate (Nov) 3.70% 3.70%
5 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
Continued .......
Weekly Pivots
NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT)
SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4
ADANIPORTS 421.50 402.90 384.30 375.40 365.70 356.80 347.10 328.50 309.90
ASIANPAINT 1459.15 1421.00 1382.85 1365.75 1344.67 1327.55 1306.50 1268.35 1230.20
AXISBANK 693.15 670.95 648.75 636.60 626.55 614.40 604.35 582.15 559.95
BAJAJ-AUTO 3290.95 3092.15 2893.35 2818.20 2694.53 2619.35 2495.70 2296.90 2098.10
BAJAJFINSV 7178.35 6762.85 6347.35 6179.20 5931.83 5763.65 5516.30 5100.80 4685.30
BAJFINANCE 3133.25 2915.80 2698.35 2614.85 2480.90 2397.40 2263.45 2046.00 1828.55
BHARTIARTL 406.15 377.95 349.75 332.40 321.53 304.15 293.30 265.10 236.90
BPCL 375.95 359.85 343.75 334.90 327.65 318.80 311.55 295.45 279.35
CIPLA 619.40 590.20 561.00 550.80 531.80 521.60 502.60 473.40 444.20
COALINDIA 306.00 286.55 267.10 256.25 247.63 236.75 228.15 208.70 189.25
DRREDDY 3302.40 3088.90 2875.40 2802.70 2661.87 2589.15 2448.35 2234.85 2021.35
EICHERMOT 28204.55 26668.60 25132.65 24241.35 23596.70 22705.40 22060.75 20524.80 18988.85
GAIL 382.25 369.25 356.25 349.40 343.22 336.35 330.20 317.20 304.20
GRASIM 980.90 939.25 897.60 880.80 855.95 839.15 814.30 772.65 731.00
HCLTECH 1254.90 1172.55 1090.20 1052.65 1007.82 970.25 925.45 843.10 760.75
HDFC 2342.50 2212.75 2083.00 2037.50 1953.25 1907.75 1823.50 1693.75 1564.00
6 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT)
SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4
Continued .......
Weekly Pivots
HDFCBANK 2466.55 2341.05 2215.55 2168.00 2090.02 2042.45 1964.50 1839.00 1713.50
HEROMOTOCO 3601.35 3408.90 3216.45 3135.75 3023.98 2943.25 2831.50 2639.05 2446.60
HINDALCO 264.75 250.60 236.45 231.35 222.28 217.15 208.10 193.95 179.80
HINDPETRO 308.80 285.45 262.10 247.15 238.72 223.75 215.35 192.00 168.65
HINDUNILVR 2110.85 1990.65 1870.45 1822.40 1750.23 1702.15 1630.00 1509.80 1389.60
IBULHSGFIN 813.95 779.10 744.25 728.60 709.37 693.70 674.50 639.65 604.80
ICICIBANK 404.55 388.85 373.15 364.20 357.45 348.50 341.75 326.05 310.35
INDUSINDBK 2043.00 1900.60 1758.20 1699.55 1615.80 1557.15 1473.40 1331.00 1188.60
INFRATEL 302.50 288.20 273.90 264.95 259.58 250.60 245.25 230.95 216.65
INFY 873.40 798.35 723.30 696.65 648.25 621.60 573.20 498.15 423.10
IOC 169.40 158.50 147.60 141.30 136.70 130.40 125.80 114.90 104.00
ITC 313.55 304.25 294.95 290.60 285.63 281.25 276.30 267.00 257.70
KOTAKBANK 384.70 360.70 336.70 325.85 312.67 301.80 288.65 264.65 240.65
LT 1464.90 1379.55 1294.20 1264.60 1208.82 1179.20 1123.45 1038.10 952.75
LUPIN 1517.20 1486.55 1455.90 1442.95 1425.22 1412.25 1394.55 1363.90 1333.25
M&M 948.75 890.85 832.95 811.95 775.02 754.00 717.10 659.20 601.30
7 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT)
SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4
Weekly Pivots
MARUTI 8606.90 8267.20 7927.50 7788.25 7587.77 7448.50 7248.05 6908.35 6568.65
NTPC 169.30 159.90 150.50 144.60 141.07 135.15 131.65 122.25 112.85
ONGC 191.40 175.45 159.50 149.45 143.55 133.50 127.60 111.65 95.70
POWERGRID 212.95 202.75 192.55 186.40 182.33 176.15 172.10 161.90 151.70
RELIANCE 1416.00 1327.40 1238.80 1202.95 1150.17 1114.30 1061.55 972.95 884.35
SBIN 318.75 307.45 296.15 290.10 284.85 278.80 273.55 262.25 250.95
SUNPHARMA 658.80 605.15 551.50 521.15 497.82 467.45 444.15 390.50 336.85
TATAMOTORS 218.30 204.10 189.90 181.05 175.68 166.80 161.45 147.25 133.05
TATASTEEL 622.80 591.30 559.80 544.05 528.27 512.50 496.75 465.25 433.75
TCS 2556.30 2343.80 2131.30 2053.05 1918.77 1840.50 1706.25 1493.75 1281.25
TECHM 812.60 773.70 734.80 720.80 695.90 681.90 657.00 618.10 579.20
TITAN 1042.90 1001.60 960.30 945.40 919.00 904.10 877.70 836.40 795.10
ULTRACEMCO 4426.10 4286.95 4147.80 4075.40 4008.62 3936.20 3869.45 3730.30 3591.15
UPL 873.75 838.35 802.95 781.10 767.53 745.65 732.10 696.70 661.30
VEDL 231.15 219.45 207.75 201.90 196.05 190.20 184.35 172.65 160.95
WIPRO 389.20 365.45 341.70 333.25 317.95 309.50 294.20 270.45 246.70
YESBANK 311.50 264.45 217.40 193.95 170.35 146.90 123.30 76.25 29.15
ZEEL 610.65 566.80 522.95 505.30 479.07 461.40 435.20 391.35 347.50
8 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
NIFTY OPTIONS OPEN INTEREST ANALYSISLONG BUILD-UP
SCRIP
CHANGE IN
OI (In %)
PRICE CHANGE
(In %)
SHORT COVERING
SCRIP
CHANGE IN
OI (In %)
PRICE CHANGE
(In %)
SHORT BUILD-UP
SCRIP
CHANGE IN
OI (In %)
PRICE CHANGE
(In %)
LONG UNWINDING
SCRIP
CHANGE IN
OI (In %)
PRICE CHANGE
(In %)
Analysis : As per the analysis of above chart.
Major Resistance Level: 11000
Major Support Levels: 10200 followed 10000
Open Interest & Price Analysis
ACC 1.73% 13.85%
ESCORTS 6.27% 13.69%
STAR 7.93% 11.12%
- - -
- - -
KSCL 5.90% -39.63%
BERGEPAINT 2.73% -33.89%
JETAIRWAYS 4.78% -29.90%
GODREJIND 4.53% -29.45%
CASTROLIND 2.36% -28.29%
IOC -2.74% 103.47%
REPCOHOME -2.91% 95.34%
OIL -6.65% 85.17%
ONGC -7.04% 68.65%
NTPC -4.07% 67.21%
PCJEWELLER -8.95% -28.95%
MGL -3.64% -21.31%
SREINFRA -6.20% -21.26%
MRPL -1.07% -20.89%
IGL -0.98% -19.13%
9 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
NIFTY WEEKLY PIVOTS
PARTICULAR LEVEL
Fundamental Outlook
Last week our Indian Equity market opened on positive note and remained bullish throughout the week. Nifty recorded posi-
tive close for a fifth consecutive day on Friday as index posted more than 3 percent gain for the week ended November 30.
Positive November expiry, falling crude oil prices, appreciating rupee, ongoing polling in five states, and positive global cues are
some of the factors that helped the market to close positive in each session of the week. On a weekly basis, the rupee gained
1.5 percent (Rs 1.08) against the dollar as it ended at 69.59 on November 30 against November 22, closing of 70.67 against the
dollar. India's GDP grew 7.1 percent in July-September, down from 8.2 percent in the previous quarter as high fuel prices, a
sliding rupee and relatively weaker rural demand seem to have applied the brakes on the economy. The Nifty IT index has out-
performed other sectoral indices with a gain of 5.8 percent during the week. TCS gained the most in terms of market value,
followed by Reliance Industries, HDFC Bank and Infosys. The next week promises to be full of action as all eyes will be on the
two-day G20 summit, while the monthly auto sale numbers and PMI readings will also keep traders on the edge. In addition,
the RBI policy meet, which is scheduled on Dec 6.
Technical Outlook
Last week nifty index started on positive note on Monday and remained positive throughout the week as it touched 10949 lev-
els 1st time since 3rd Oct 2018. Nifty surged 376 points to give closing on positive note on weekly basis with gain of 3.57%. The
index continued to hold 10,800 levels for the second consecutive session and maintained positive trend for fifth straight trading
day
Continued …....
Nifty Analysis
R4 12153.00
R3 11695.65
R2 11238.30
R1 11069.50
PP 10780.95
S1 10612.15
S2 10323.60
S3 9866.25
S4 9408.90
10 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
…....
TECHNICAL INDICATOR
ANALYSIS
INDICATOR
CURRENT
TREND
WEEKLY STRATEGY
PARTICULAR DETAILS
For this week, traders can adopt buy on lower level strategy in it and above the level of 10,950. It can test the level of Rs.
11,050 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 10,890.
Nifty Analysis
Nifty has formed Doji kind of pattern on the daily charts and robust bullish candle on the weekly scale. one can remain posi-
tively biased and look to buy dips as long as Nifty sustains above levels of 10,780–10,747 whereas negative stance should be
maintained if Nifty closes below its 200-day moving average (10,755). In case strength continues beyond 10,950 then upside
shall get extended up to 11,090 levels. On the option front, maximum Put OI is seen at 10,200, followed by 10,500 strikes.
Maximum Call OI is seen at 11,000 strikes.
ACTION BUY
ENTRY PRICE ABOVE 10950
TARGET 11050
STOP LOSS 10890
20 Days EMA POSITIVE
50 Days EMA POSITIVE
200 Days EMA NEGATIVE
RSI POSITIVE
MACD POSITIVE
STOCHASTIC POSITIVE
11 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
Technical Outlook
The Nifty Bank index started the last week on positive note on Monday and extended its positive run in most of the trading
session in the week . The Bank Nifty ended the November F&O expiry on an optimistic note and well above the previous
hurdle of 26,400 to give index closing at 26,914 on positive note on weekly basis with gain of 3.50%. Participation was seen
in both private and PSU banks with HDFC Bank the major contributor to the gain followed by other heavyweights. Bank Nifty
is facing major resistance levels of 27,035 upside while support is placed at 26,400 levels. If It manages to trade above
27,040 levels than it can moves towards 27,300 and 27,600 in coming trading sessions.
WEEKLY STRATEGY
PARTICULAR DETAILS
For this week, traders can adopt buy on lower level strategy in it and above the level of 27,050. It can test the level of Rs.
27,650 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 26,750.
WEEKLY PIVOTS
PARTICULAR LEVEL
Bank Nifty Analysis
R4 29686.35
R3 28677.30
R2 27668.25
R1 27293.35
PP 26659.20
S1 26284.30
S2 25650.15
S3 24641.10
S4 23632.05
ACTION BUY
ENTRY PRICE ABOVE 27050
TARGET 27650
STOP LOSS 26750
12 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
Technical Outlook
Overall trend of the Stock is bullish for long term . For short 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 formed ascending triangle
price pattern and trading above its psychological levels of 800. If it manages to trade above the levels of 818 than further
upside move can be seen in it.
For this week, traders can adopt buy on lower level strategy in it and above the level of 818 it can test the level of Rs. 848
during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 799.
AUROPHARMA ( Call of the Week )
WEEKLY STRATEGY
PARTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
R4 911.55
R3 874.80
R2 838.05
R1 824.40
PP 801.3
S1 787.65
S2 764.55
S3 727.80
S4 691.05
ACTION BUY
ENTRY PRICE ABOVE 818
TARGET 848.00
STOP LOSS 799.00
13 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
Technical Outlook
Overall trend of the Stock is bearish for long term . For short term stock is in consolidation phase. Last week stock started
on positive note and showed good buying from lower levels throughout the week. On daily chart it has gave breakout of
its major resistance levels of 934. If it manages to trade above 935 levels than further upside move can be seen in it. In
intraday it showed a good positive move.
For this week, traders can adopt buy on lower level strategy in it and above the level of 935 it can test the level of Rs. 964
during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 914.
TITAN CASH ( Call of the Week )
WEEKLY STRATEGY
PARTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
R4 1041.75
R3 1000.45
R2 959.15
R1 943.10
PP 917.85
S1 901.80
S2 876.55
S3 835.25
S4 793.95
ACTION BUY
ENTRY PRICE ABOVE 935
TARGET 964.00
STOP LOSS 914.00
14 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
Technical Outlook
Last week, TECHM DEC Futures started the week on positive note and consolidated for the entire week. It made a high of
711 during the week and closed at 706.60 with the overall gain of 2.75% on weekly basis. Technically it’s had given break-
out from weekly resistance with the trend line breakout and for this week, we can expect upside movement in it.
For this week, traders can adopt buying on the basis of Consolidation Breakout strategy in it and above the level of 713 it
can test the level of 723 during the week. Trades can make buy position in it by maintaining a Stop Loss of 703.
TECHM FUTURES( Call of the Week )
WEEKLY STRATEGY
PARTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
R4 808.75
R3 771.05
R2 733.35
R1 720.00
PP 695.65
S1 682.30
S2 657.95
S3 620.25
S4 582.55
ACTION BUY
ENTRY PRICE ABOVE 713
TARGET 723.00
STOP LOSS 703.00
15 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
Technical Outlook
Last week, KSCL DEC Futures started the week on negative note but till the end of the week, all of its earlier loss were
erased and it closed at 520.65 with the overall gain of 5.90% on weekly basis. Technically it’s forming Symmetrical Triangle
Pattern on the daily chart and volume is also consolidating. For this week, we can expect upside movement in it.
For this week, traders can adopt buying on the pattern breakout strategy in it and above the level of 532 it can test the
level of 542 during the week. Trades can make buy position in it by maintaining a Stop Loss of 526.
KSCL FUTURES ( Call of the Week )
WEEKLY STRATEGY
PARTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
R4 652.20
R3 607.05
R2 561.90
R1 541.25
PP 516.75
S1 496.10
S2 471.60
S3 426.45
S4 381.30
ACTION BUY
ENTRY PRICE ABOVE 532
TARGET 542.00
STOP LOSS 526.00
16 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
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 assess-
ment and have been obtained from sources believed to be reliable. This document is meant for the use of the intended recipient only.
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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
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इकिटी / कमोनडटी बाजार में कोई भी ननवेश जोनखम के अधीन होता है, कंपनी 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 स्वीकृनत।
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 माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगी कंपननयां अनुसंधान ररपोटा में शानमल कंपननयों 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 कंपनी 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.
Disclaimer
17 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018
ग्राहकों को यह सलाह दी जाती है कक वे ररपोटा में दी गई जानकारी को केवल 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 द्वाराकंपनी 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 माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड द्वारा ननयुक्त हैं | इस ररपोटा में व्यक्त सभी नवचार कंपनी के बारे में व्यनक्तगत नवचारों को दशााता है और कंपननयों और उनकी प्रनतभूनतयां और क्षनतपूर्तत (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 माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगी या उनके ककसी भी तत्काल ररश्तेदार की नवषय कंपनी में कोई नवत्तीय रुनच नहीं है और न ही इस तरह की नवत्तीय नहत की प्रकृनत 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 माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगी या उनके ककसी भी तत्काल ररश्तेदार की नवषय कंपनी की प्रनतभूनतयों में एक प्रनतशत या उससे अनधक के वास्तनवक / िंायदेमंद 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 माकेट 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 माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड की पॉनलसी अपने नवश्लेषकों, पेशेवरों को नवश्लेषक के क्षेत्र में ककसी भी कंपनी की प्रनतभूनतयों के स्वामी से नवश्लेषकों को ररपोटा करने से रोकती है।
नवश्लेषक क्षनतपूर्तत : नवश्लेषक हाई ब्रो माकेट 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 माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगीयों ने नपिले 12 महीनों में नवषय कंपनी 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 कंपनी 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 नलनमटेड या उसके सहयोगीयों ने नवषय कंपनी के अनधकारी, ननदेशक या कमाचारी के रूप में कभी भी काम
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Equity Research Report 03 December 2018 Ways2Capital

  • 1. 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
  • 2. 2 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 CURRENCY MARKET UPDATE CURRENCY PAIR CURRENT CLOSING PREVIOUS CLOSING WEEKLY % CHANGE MAJOR INDICES INDEX CLOSING AS ON 30TH NOV18 WEEKLY CHANGES WEEKLY % CHANGE COMMODITY MARKET UPDATE COMMODITY CURRENT CLOSING PREVIOUS CLOSING WEEKLY % CHANGE Market Wrap–Up Nifty 10876.75 350.00 3.32% Nifty 100 11092.25 330.85 3.07% Nifty 200 5732.90 156.95 2.81% Nifty 500 9109.15 230.15 2.59% India VIX 19.16 0.00 0.00% Nifty Bank 26862.95 863.50 3.32% Nifty Auto 9270.20 207.55 2.29% Nifty Finance 11438.80 444.60 4.04% Nifty FMCG 30126.25 882.15 3.02% Nifty IT 14638.05 802.35 5.80% Nifty Media 2549.85 81.95 3.32% Nifty Metal 3163.75 -51.00 -1.59% Nifty Pharma 9275.70 -26.60 -0.29% Nifty PSU Banks 2915.20 -1.65 -0.06% Nifty PVT Bank 15154.45 457.85 3.12% Nifty Realty 232.00 5.45 2.41% USDINR 69.8525 70.8050 -1.35% GBPINR 89.2350 91.1575 -2.11% EURINR 79.6475 80.9100 -1.56% JPYINR 61.7175 62.7200 -1.60% EURUSD 1.1390 1.1414 -0.21% GBPUSD 1.2781 1.2880 -0.77% Dollar Index 97.12 95.85 1.32% Gold COMEX 1227.80 1223.40 0.36% Gold MCX 30186 30495 -1.01% Crude Oil NYMEX 50.70 50.42 0.56% Crude Oil MCX 3576 3623 -1.30% Brent Oil NYMEX 59.19 59.22 -0.05% Copper MCX 426.70 429.85 -0.73% Natural Gas NYMEX 4.637 4.309 7.61%
  • 3. 3 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 WEEKLY GAINERS SCRIP CLOSING PRICE WEEKLY % CHANGE 52 WEEK HIGH WEEKLY LOSERS SCRIP CLOSING PRICE WEEKLY % CHANGE 52 WEEK LOW Market at a Glance TCS 1970.60 8.56% 2273.00 Infosys 666.50 7.42% 754.95 IndusInd Bank 1631.55 6.70% 2037.90 Zee 488.55 6.55% 619.35 Bajaj Fi- nance 2528.40 6.31% 2995.10 Yes Bank 169.65 -13.24% 147.00 ONGC 140.20 -7.28% 138.00 Sun Pharma 492.30 -6.37% 434.80 Tata Motors 171.95 -5.65% 164.55 Coal India 244.30 -4.85% 239.55
  • 4. 4 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 ECONOMIC EVENTS CALENDER TIME CURRENY EVENT FORECAST PREVIOUS Economic Calendar Monday, December 3, 2018 7:15 CNY Caixin Manufacturing PMI (Nov) 50 50.1 15:00 GBP Manufacturing PMI (Nov) 51.8 51.1 20:30 USD ISM Manufacturing PMI (Nov) 57.5 57.7 Tuesday, December 4, 2018 14:45 GBP BoE Gov Carney Speaks 15:00 GBP Construction PMI (Nov) 52.5 53.2 Wednesday, December 5, 2018 14:30 INR Interest Rate Decision 6.50% 6.50% 15:00 GBP Services PMI (Nov) 52.5 52.2 18:45 USD ADP Nonfarm Employment Change (Nov) 195K 227K 20:30 USD ISM Non-Manufacturing PMI (Nov) 59.1 60.3 20:45 USD Fed Chair Powell Testifies 21:00 USD Crude Oil Inventories 0.769M 3.577M Friday, December 7, 2018 19:00 USD Nonfarm Payrolls (Nov) 200K 250K 19:00 USD Unemployment Rate (Nov) 3.70% 3.70%
  • 5. 5 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 Continued ....... Weekly Pivots NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4 ADANIPORTS 421.50 402.90 384.30 375.40 365.70 356.80 347.10 328.50 309.90 ASIANPAINT 1459.15 1421.00 1382.85 1365.75 1344.67 1327.55 1306.50 1268.35 1230.20 AXISBANK 693.15 670.95 648.75 636.60 626.55 614.40 604.35 582.15 559.95 BAJAJ-AUTO 3290.95 3092.15 2893.35 2818.20 2694.53 2619.35 2495.70 2296.90 2098.10 BAJAJFINSV 7178.35 6762.85 6347.35 6179.20 5931.83 5763.65 5516.30 5100.80 4685.30 BAJFINANCE 3133.25 2915.80 2698.35 2614.85 2480.90 2397.40 2263.45 2046.00 1828.55 BHARTIARTL 406.15 377.95 349.75 332.40 321.53 304.15 293.30 265.10 236.90 BPCL 375.95 359.85 343.75 334.90 327.65 318.80 311.55 295.45 279.35 CIPLA 619.40 590.20 561.00 550.80 531.80 521.60 502.60 473.40 444.20 COALINDIA 306.00 286.55 267.10 256.25 247.63 236.75 228.15 208.70 189.25 DRREDDY 3302.40 3088.90 2875.40 2802.70 2661.87 2589.15 2448.35 2234.85 2021.35 EICHERMOT 28204.55 26668.60 25132.65 24241.35 23596.70 22705.40 22060.75 20524.80 18988.85 GAIL 382.25 369.25 356.25 349.40 343.22 336.35 330.20 317.20 304.20 GRASIM 980.90 939.25 897.60 880.80 855.95 839.15 814.30 772.65 731.00 HCLTECH 1254.90 1172.55 1090.20 1052.65 1007.82 970.25 925.45 843.10 760.75 HDFC 2342.50 2212.75 2083.00 2037.50 1953.25 1907.75 1823.50 1693.75 1564.00
  • 6. 6 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4 Continued ....... Weekly Pivots HDFCBANK 2466.55 2341.05 2215.55 2168.00 2090.02 2042.45 1964.50 1839.00 1713.50 HEROMOTOCO 3601.35 3408.90 3216.45 3135.75 3023.98 2943.25 2831.50 2639.05 2446.60 HINDALCO 264.75 250.60 236.45 231.35 222.28 217.15 208.10 193.95 179.80 HINDPETRO 308.80 285.45 262.10 247.15 238.72 223.75 215.35 192.00 168.65 HINDUNILVR 2110.85 1990.65 1870.45 1822.40 1750.23 1702.15 1630.00 1509.80 1389.60 IBULHSGFIN 813.95 779.10 744.25 728.60 709.37 693.70 674.50 639.65 604.80 ICICIBANK 404.55 388.85 373.15 364.20 357.45 348.50 341.75 326.05 310.35 INDUSINDBK 2043.00 1900.60 1758.20 1699.55 1615.80 1557.15 1473.40 1331.00 1188.60 INFRATEL 302.50 288.20 273.90 264.95 259.58 250.60 245.25 230.95 216.65 INFY 873.40 798.35 723.30 696.65 648.25 621.60 573.20 498.15 423.10 IOC 169.40 158.50 147.60 141.30 136.70 130.40 125.80 114.90 104.00 ITC 313.55 304.25 294.95 290.60 285.63 281.25 276.30 267.00 257.70 KOTAKBANK 384.70 360.70 336.70 325.85 312.67 301.80 288.65 264.65 240.65 LT 1464.90 1379.55 1294.20 1264.60 1208.82 1179.20 1123.45 1038.10 952.75 LUPIN 1517.20 1486.55 1455.90 1442.95 1425.22 1412.25 1394.55 1363.90 1333.25 M&M 948.75 890.85 832.95 811.95 775.02 754.00 717.10 659.20 601.30
  • 7. 7 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT) SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4 Weekly Pivots MARUTI 8606.90 8267.20 7927.50 7788.25 7587.77 7448.50 7248.05 6908.35 6568.65 NTPC 169.30 159.90 150.50 144.60 141.07 135.15 131.65 122.25 112.85 ONGC 191.40 175.45 159.50 149.45 143.55 133.50 127.60 111.65 95.70 POWERGRID 212.95 202.75 192.55 186.40 182.33 176.15 172.10 161.90 151.70 RELIANCE 1416.00 1327.40 1238.80 1202.95 1150.17 1114.30 1061.55 972.95 884.35 SBIN 318.75 307.45 296.15 290.10 284.85 278.80 273.55 262.25 250.95 SUNPHARMA 658.80 605.15 551.50 521.15 497.82 467.45 444.15 390.50 336.85 TATAMOTORS 218.30 204.10 189.90 181.05 175.68 166.80 161.45 147.25 133.05 TATASTEEL 622.80 591.30 559.80 544.05 528.27 512.50 496.75 465.25 433.75 TCS 2556.30 2343.80 2131.30 2053.05 1918.77 1840.50 1706.25 1493.75 1281.25 TECHM 812.60 773.70 734.80 720.80 695.90 681.90 657.00 618.10 579.20 TITAN 1042.90 1001.60 960.30 945.40 919.00 904.10 877.70 836.40 795.10 ULTRACEMCO 4426.10 4286.95 4147.80 4075.40 4008.62 3936.20 3869.45 3730.30 3591.15 UPL 873.75 838.35 802.95 781.10 767.53 745.65 732.10 696.70 661.30 VEDL 231.15 219.45 207.75 201.90 196.05 190.20 184.35 172.65 160.95 WIPRO 389.20 365.45 341.70 333.25 317.95 309.50 294.20 270.45 246.70 YESBANK 311.50 264.45 217.40 193.95 170.35 146.90 123.30 76.25 29.15 ZEEL 610.65 566.80 522.95 505.30 479.07 461.40 435.20 391.35 347.50
  • 8. 8 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 NIFTY OPTIONS OPEN INTEREST ANALYSISLONG BUILD-UP SCRIP CHANGE IN OI (In %) PRICE CHANGE (In %) SHORT COVERING SCRIP CHANGE IN OI (In %) PRICE CHANGE (In %) SHORT BUILD-UP SCRIP CHANGE IN OI (In %) PRICE CHANGE (In %) LONG UNWINDING SCRIP CHANGE IN OI (In %) PRICE CHANGE (In %) Analysis : As per the analysis of above chart. Major Resistance Level: 11000 Major Support Levels: 10200 followed 10000 Open Interest & Price Analysis ACC 1.73% 13.85% ESCORTS 6.27% 13.69% STAR 7.93% 11.12% - - - - - - KSCL 5.90% -39.63% BERGEPAINT 2.73% -33.89% JETAIRWAYS 4.78% -29.90% GODREJIND 4.53% -29.45% CASTROLIND 2.36% -28.29% IOC -2.74% 103.47% REPCOHOME -2.91% 95.34% OIL -6.65% 85.17% ONGC -7.04% 68.65% NTPC -4.07% 67.21% PCJEWELLER -8.95% -28.95% MGL -3.64% -21.31% SREINFRA -6.20% -21.26% MRPL -1.07% -20.89% IGL -0.98% -19.13%
  • 9. 9 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 NIFTY WEEKLY PIVOTS PARTICULAR LEVEL Fundamental Outlook Last week our Indian Equity market opened on positive note and remained bullish throughout the week. Nifty recorded posi- tive close for a fifth consecutive day on Friday as index posted more than 3 percent gain for the week ended November 30. Positive November expiry, falling crude oil prices, appreciating rupee, ongoing polling in five states, and positive global cues are some of the factors that helped the market to close positive in each session of the week. On a weekly basis, the rupee gained 1.5 percent (Rs 1.08) against the dollar as it ended at 69.59 on November 30 against November 22, closing of 70.67 against the dollar. India's GDP grew 7.1 percent in July-September, down from 8.2 percent in the previous quarter as high fuel prices, a sliding rupee and relatively weaker rural demand seem to have applied the brakes on the economy. The Nifty IT index has out- performed other sectoral indices with a gain of 5.8 percent during the week. TCS gained the most in terms of market value, followed by Reliance Industries, HDFC Bank and Infosys. The next week promises to be full of action as all eyes will be on the two-day G20 summit, while the monthly auto sale numbers and PMI readings will also keep traders on the edge. In addition, the RBI policy meet, which is scheduled on Dec 6. Technical Outlook Last week nifty index started on positive note on Monday and remained positive throughout the week as it touched 10949 lev- els 1st time since 3rd Oct 2018. Nifty surged 376 points to give closing on positive note on weekly basis with gain of 3.57%. The index continued to hold 10,800 levels for the second consecutive session and maintained positive trend for fifth straight trading day Continued ….... Nifty Analysis R4 12153.00 R3 11695.65 R2 11238.30 R1 11069.50 PP 10780.95 S1 10612.15 S2 10323.60 S3 9866.25 S4 9408.90
  • 10. 10 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 ….... TECHNICAL INDICATOR ANALYSIS INDICATOR CURRENT TREND WEEKLY STRATEGY PARTICULAR DETAILS For this week, traders can adopt buy on lower level strategy in it and above the level of 10,950. It can test the level of Rs. 11,050 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 10,890. Nifty Analysis Nifty has formed Doji kind of pattern on the daily charts and robust bullish candle on the weekly scale. one can remain posi- tively biased and look to buy dips as long as Nifty sustains above levels of 10,780–10,747 whereas negative stance should be maintained if Nifty closes below its 200-day moving average (10,755). In case strength continues beyond 10,950 then upside shall get extended up to 11,090 levels. On the option front, maximum Put OI is seen at 10,200, followed by 10,500 strikes. Maximum Call OI is seen at 11,000 strikes. ACTION BUY ENTRY PRICE ABOVE 10950 TARGET 11050 STOP LOSS 10890 20 Days EMA POSITIVE 50 Days EMA POSITIVE 200 Days EMA NEGATIVE RSI POSITIVE MACD POSITIVE STOCHASTIC POSITIVE
  • 11. 11 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 Technical Outlook The Nifty Bank index started the last week on positive note on Monday and extended its positive run in most of the trading session in the week . The Bank Nifty ended the November F&O expiry on an optimistic note and well above the previous hurdle of 26,400 to give index closing at 26,914 on positive note on weekly basis with gain of 3.50%. Participation was seen in both private and PSU banks with HDFC Bank the major contributor to the gain followed by other heavyweights. Bank Nifty is facing major resistance levels of 27,035 upside while support is placed at 26,400 levels. If It manages to trade above 27,040 levels than it can moves towards 27,300 and 27,600 in coming trading sessions. WEEKLY STRATEGY PARTICULAR DETAILS For this week, traders can adopt buy on lower level strategy in it and above the level of 27,050. It can test the level of Rs. 27,650 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 26,750. WEEKLY PIVOTS PARTICULAR LEVEL Bank Nifty Analysis R4 29686.35 R3 28677.30 R2 27668.25 R1 27293.35 PP 26659.20 S1 26284.30 S2 25650.15 S3 24641.10 S4 23632.05 ACTION BUY ENTRY PRICE ABOVE 27050 TARGET 27650 STOP LOSS 26750
  • 12. 12 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 Technical Outlook Overall trend of the Stock is bullish for long term . For short 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 formed ascending triangle price pattern and trading above its psychological levels of 800. If it manages to trade above the levels of 818 than further upside move can be seen in it. For this week, traders can adopt buy on lower level strategy in it and above the level of 818 it can test the level of Rs. 848 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 799. AUROPHARMA ( Call of the Week ) WEEKLY STRATEGY PARTICULAR DETAILS WEEKLY PIVOTS PARTICULAR LEVEL R4 911.55 R3 874.80 R2 838.05 R1 824.40 PP 801.3 S1 787.65 S2 764.55 S3 727.80 S4 691.05 ACTION BUY ENTRY PRICE ABOVE 818 TARGET 848.00 STOP LOSS 799.00
  • 13. 13 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 Technical Outlook Overall trend of the Stock is bearish for long term . For short term stock is in consolidation phase. Last week stock started on positive note and showed good buying from lower levels throughout the week. On daily chart it has gave breakout of its major resistance levels of 934. If it manages to trade above 935 levels than further upside move can be seen in it. In intraday it showed a good positive move. For this week, traders can adopt buy on lower level strategy in it and above the level of 935 it can test the level of Rs. 964 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 914. TITAN CASH ( Call of the Week ) WEEKLY STRATEGY PARTICULAR DETAILS WEEKLY PIVOTS PARTICULAR LEVEL R4 1041.75 R3 1000.45 R2 959.15 R1 943.10 PP 917.85 S1 901.80 S2 876.55 S3 835.25 S4 793.95 ACTION BUY ENTRY PRICE ABOVE 935 TARGET 964.00 STOP LOSS 914.00
  • 14. 14 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 Technical Outlook Last week, TECHM DEC Futures started the week on positive note and consolidated for the entire week. It made a high of 711 during the week and closed at 706.60 with the overall gain of 2.75% on weekly basis. Technically it’s had given break- out from weekly resistance with the trend line breakout and for this week, we can expect upside movement in it. For this week, traders can adopt buying on the basis of Consolidation Breakout strategy in it and above the level of 713 it can test the level of 723 during the week. Trades can make buy position in it by maintaining a Stop Loss of 703. TECHM FUTURES( Call of the Week ) WEEKLY STRATEGY PARTICULAR DETAILS WEEKLY PIVOTS PARTICULAR LEVEL R4 808.75 R3 771.05 R2 733.35 R1 720.00 PP 695.65 S1 682.30 S2 657.95 S3 620.25 S4 582.55 ACTION BUY ENTRY PRICE ABOVE 713 TARGET 723.00 STOP LOSS 703.00
  • 15. 15 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 Technical Outlook Last week, KSCL DEC Futures started the week on negative note but till the end of the week, all of its earlier loss were erased and it closed at 520.65 with the overall gain of 5.90% on weekly basis. Technically it’s forming Symmetrical Triangle Pattern on the daily chart and volume is also consolidating. For this week, we can expect upside movement in it. For this week, traders can adopt buying on the pattern breakout strategy in it and above the level of 532 it can test the level of 542 during the week. Trades can make buy position in it by maintaining a Stop Loss of 526. KSCL FUTURES ( Call of the Week ) WEEKLY STRATEGY PARTICULAR DETAILS WEEKLY PIVOTS PARTICULAR LEVEL R4 652.20 R3 607.05 R2 561.90 R1 541.25 PP 516.75 S1 496.10 S2 471.60 S3 426.45 S4 381.30 ACTION BUY ENTRY PRICE ABOVE 532 TARGET 542.00 STOP LOSS 526.00
  • 16. 16 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 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 assess- ment 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 माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड का एक भाग) द्वारा तैयार ककया गया है | यहां पर दी गई जानकारी, नवश्लेषण और अनुमान Ways2Capital इकिटी / कमोनडटी अनुसंधान के मूलयांकन पर आधाररत हैं और नवश्वसनीय स्रोतों से प्राप्त की गई है | यह दस्तावेज़ केवल 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 thisconnection. 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 अनुसंधान 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, कंपनी 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 स्वीकृनत। 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 माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगी कंपननयां अनुसंधान ररपोटा में शानमल कंपननयों 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 कंपनी 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. Disclaimer
  • 17. 17 Copyright © 2018 Ways2Capital. All rights reserved 03/12/2018 ग्राहकों को यह सलाह दी जाती है कक वे ररपोटा में दी गई जानकारी को केवल 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 द्वाराकंपनी 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 माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड द्वारा ननयुक्त हैं | इस ररपोटा में व्यक्त सभी नवचार कंपनी के बारे में व्यनक्तगत नवचारों को दशााता है और कंपननयों और उनकी प्रनतभूनतयां और क्षनतपूर्तत (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 माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगी या उनके ककसी भी तत्काल ररश्तेदार की नवषय कंपनी में कोई नवत्तीय रुनच नहीं है और न ही इस तरह की नवत्तीय नहत की प्रकृनत 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 माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगी या उनके ककसी भी तत्काल ररश्तेदार की नवषय कंपनी की प्रनतभूनतयों में एक प्रनतशत या उससे अनधक के वास्तनवक / िंायदेमंद 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 माकेट 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 माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड की पॉनलसी अपने नवश्लेषकों, पेशेवरों को नवश्लेषक के क्षेत्र में ककसी भी कंपनी की प्रनतभूनतयों के स्वामी से नवश्लेषकों को ररपोटा करने से रोकती है। नवश्लेषक क्षनतपूर्तत : नवश्लेषक हाई ब्रो माकेट 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 माकेट अनुसंधान ननवेश सलाहकार प्राइवेट नलनमटेड या उसके सहयोगीयों ने नपिले 12 महीनों में नवषय कंपनी 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 कंपनी 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 नलनमटेड या उसके सहयोगीयों ने नवषय कंपनी के अनधकारी, ननदेशक या कमाचारी के रूप में कभी भी काम Disclaimer