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2. 2 Copyright © 2018 Ways2Capital. All rights reserved 19/03/2018
CURRENCY MARKET UPDATE
CURRENCY PAIR
CURRENT
CLOSING
PREVIOUS
CLOSING
WEEKLY
% CHANGE
MAJOR INDICES
INDEX
CLOSING
AS ON 16th Mar 18
CLOSING
AS ON 22th DEC 17
WEEKLY
% CHANGE
COMMODITY MARKET UPDATE
COMMODITY
CURRENT
CLOSING
PREVIOUS
CLOSING
WEEKLY
% CHANGE
Market Wrap-Up
Nifty 50 10195.15 -31.70 -0.31%
Nifty 100 10556.20 -8.35 -0.08%
Nifty 200 5543.15 7.10 0.13%
Nifty 500 9004.45 18.05 0.20%
Nifty VIX 15.22 0.70 4.78%
Nifty Bank 24489.55 193.1 0.79%
Nifty Auto 10861.40 -26.95 -0.25%
Nifty Finance 10211.25 17.05 0.17%
Nifty FMCG 26052.15 32.10 0.12%
Nifty IT 12698.40 -48.85 -0.38%
Nifty Media 3308.20 48.70 1.49%
Nifty Metal 3664.50 -23.65 -0.64%
Nifty Pharma 8546.80 31.10 0.37%
Nifty PSU Banks 2932.00 73.85 2.58%
Nifty PVT Bank 13885.75 119.50 0.86%
Nifty Realty 314.80 -0.90 -0.29%
USDINR 65.000 65.380 -0.58%
GBPINR 90.760 89.920 0.93%
EURINR 80.180 79.770 0.51%
JPYINR 64.520 61.270 5.30%
EURUSD 1.229 1.232 -0.22%
GBPUSD 1.394 1.380 1.01%
Dollar Index 90.170 89.950 0.24%
Gold COMEX 1313.31 1323.30 -0.75%
Gold MCX 30227 30401 -0.57%
Crude Oil NYMEX 61.21 62.03 -1.32%
Crude Oil MCX 4054 4017 0.92%
Brent Oil NYMEX 66.10 65.50 0.92%
Copper MCX 448.90 452.30 -0.75%
Natural Gas NYMEX 2.714 2.746 -1.17%
3. 3 Copyright © 2018 Ways2Capital. All rights reserved 19/03/2018
WEEKLY GAINERS
SCRIP
CURRENT
CLOSING
PREVIOUS
CLOSING
WEEKLY
% CHANGE
WEEKLY LOSERS
SCRIP
CURRENT
CLOSING
PREVIOUS
CLOSING
WEEKLY
% CHANGE
Market at a Glance
BHARTI AIRTEL 418.20 4.04 565.00
WIPRO 295.75 3.70 334.75
AXIS BANK 523.45 3.58 627.50
YES BANK 312.90 3.11 383.25
BAJAJ FINANCE 1694.00 2.55 1989.00
COAL INDIA 278.70 -8.53 234.00
TCS 2825.50 -6.89 2255.00
IOC 184.65 -4.23 180.93
AURO-
PHARMA
572.70 -3.33 504.00
CIPLA 559.00 -2.50 479.00
4. 4 Copyright © 2018 Ways2Capital. All rights reserved 19/03/2018
Economic Calendar
ECONOMIC EVENTS CALENDER
TIME CURRENY EVENT FORECAST PREVIOUS
Tuesday, March 21, 2018
15:00 GBP CPI (YoY) (Feb) 2.80% 3.00%
Wednesday, March 21, 2018
15:00 GBP Average Earnings Index + Bonus (Jan) 2.60% 2.50%
15:00 GBP Claimant Count Change (Feb) - -7.2K
19:30 USD Existing Home Sales (Feb) 5.40M 5.38M
20:00 USD Crude Oil Inventories - 5.022M
23:30 USD FOMC Economic Projections - -
23:30 USD FOMC Statement - -
23:30 USD Fed Interest Rate Decision 1.75% 1.50%
Thursday, March 22, 2018
0:00 USD FOMC Press Conference - -
15:00 GBP Retail Sales (MoM)(Feb) 0.40% 0.10%
17:30 GBP BoE Interest Rate Decision (Mar) 0.50% 0.50%
17:30 GBP MPC Assets Purchase Facility Votes - -
Friday, March 23, 2018
18:00 USD Core Durables Goods Orders (MoM) (Feb) 0.50% -0.30%
19:30 USD New Home Sales (Feb) 620K 593K
5. 5 Copyright © 2018 Ways2Capital. All rights reserved 19/03/2018
NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT)
SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4
Weekly Pivots
Continued .......
ADANIPORTS 441.30 419.55 397.80 384.65 376.05 362.90 354.30 332.55 310.80
AMBUJACEM 277.15 264.10 251.05 243.50 237.98 230.40 224.90 211.85 198.80
ASIANPAINT 1270.50 1225.15 1179.80 1150.50 1134.43 1105.10 1089.05 1043.70 998.35
AUROPHARMA 667.80 638.60 609.40 591.55 580.17 562.30 550.95 521.75 492.55
AXISBANK 624.80 590.90 557.00 540.90 523.08 506.95 489.15 455.25 421.35
BAJAJ-AUTO 3167.10 3085.55 3004.00 2954.50 2922.42 2872.90 2840.85 2759.30 2677.75
BAJFINANCE 1950.20 1865.35 1780.50 1736.25 1695.65 1651.40 1610.80 1525.95 1441.10
BHARTIARTL 485.10 462.35 439.60 429.70 416.85 406.95 394.10 371.35 348.60
BOSCHLTD 19558.20 19042.15 18526.10 18219.05 18010.05 17703.00 17494.00 16977.95 16461.90
BPCL 532.55 505.00 477.45 461.85 449.88 434.25 422.30 394.75 367.20
CIPLA 642.50 617.35 592.20 577.05 567.03 551.85 541.85 516.70 491.55
COALINDIA 379.75 349.05 318.35 299.10 287.65 268.40 256.95 226.25 195.55
DRREDDY 2463.90 2363.80 2263.70 2208.85 2163.57 2108.70 2063.45 1963.35 1863.25
EICHERMOT 31438.15 30393.15 29348.15 28718.10 28303.13 27673.05 27258.10 26213.10 25168.10
GAIL 508.20 487.45 466.70 453.85 445.92 433.05 425.15 404.40 383.65
HCLTECH 1060.45 1027.95 995.45 978.85 962.93 946.30 930.40 897.90 865.40
6. 6 Copyright © 2018 Ways2Capital. All rights reserved 19/03/2018
NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT)
SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4
Weekly Pivots
Continued .......
HDFC 2058.80 1978.10 1897.40 1848.70 1816.67 1767.95 1735.95 1655.25 1574.55
HDFCBANK 1986.90 1945.95 1905.00 1881.50 1864.02 1840.50 1823.05 1782.10 1741.15
HEROMOTOCO 4158.95 3971.60 3784.25 3663.15 3596.88 3475.75 3409.50 3222.15 3034.80
HINDALCO 256.30 245.10 233.90 227.95 222.67 216.70 211.45 200.25 189.05
HINDPETRO 423.05 404.20 385.35 374.95 366.48 356.05 347.60 328.75 309.90
HINDUNILVR 1446.90 1400.05 1353.20 1331.60 1306.33 1284.70 1259.45 1212.60 1165.75
IBULHSGFIN 1346.45 1303.45 1260.45 1233.90 1217.43 1190.85 1174.40 1131.40 1088.40
ICICIBANK 335.60 323.60 311.60 305.45 299.58 293.40 287.55 275.55 263.55
INDUSINDBK 1874.50 1826.15 1777.80 1753.90 1729.43 1705.50 1681.05 1632.70 1584.35
INFRATEL 374.85 362.50 350.15 343.10 337.80 330.75 325.45 313.10 300.75
INFY 1244.85 1222.25 1199.65 1184.85 1177.03 1162.20 1154.40 1131.80 1109.20
IOC 210.10 202.50 194.90 190.05 187.27 182.40 179.65 172.05 164.45
ITC 299.70 287.70 275.70 268.55 263.68 256.50 251.65 239.65 227.65
KOTAKBANK 1220.30 1171.70 1123.10 1092.55 1074.47 1043.90 1025.85 977.25 928.65
LT 1438.55 1386.95 1335.35 1307.10 1283.73 1255.45 1232.10 1180.50 1128.90
LUPIN 867.30 835.30 803.30 782.60 771.30 750.60 739.30 707.30 675.30
7. 7 Copyright © 2018 Ways2Capital. All rights reserved 19/03/2018
NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT)
SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4
Weekly Pivots
M&M 807.95 785.75 763.55 752.85 741.32 730.60 719.10 696.90 674.70
MARUTI 9415.60 9190.00 8964.40 8828.20 8738.80 8602.60 8513.20 8287.60 8062.00
NTPC 194.45 185.35 176.25 170.65 167.13 161.50 158.00 148.90 139.80
ONGC 203.75 195.55 187.35 182.20 179.13 173.95 170.90 162.70 154.50
POWERGRID 211.05 205.25 199.45 195.90 193.62 190.05 187.80 182.00 176.20
RELIANCE 1048.90 1001.85 954.80 929.40 907.72 882.30 860.65 813.60 766.55
SBIN 287.60 276.05 264.50 258.60 252.92 247.00 241.35 229.80 218.25
SUNPHARMA 594.30 566.60 538.90 521.10 511.18 493.35 483.45 455.75 428.05
TATAMOTORS 405.45 385.45 365.45 352.50 345.43 332.45 325.40 305.40 285.40
TATASTEEL 703.80 671.80 639.80 621.15 607.77 589.10 575.75 543.75 511.75
TCS 3742.35 3463.45 3184.55 3006.30 2905.63 2727.35 2626.70 2347.80 2068.90
TECHM 740.25 705.00 669.75 652.30 634.50 617.05 599.25 564.00 528.75
ULTRACEMCO 4771.40 4544.70 4318.00 4179.25 4091.27 3952.50 3864.55 3637.85 3411.15
UPL 803.15 775.60 748.05 735.40 720.48 707.80 692.90 665.35 637.80
VEDL 358.00 342.80 327.60 319.20 312.38 303.95 297.15 281.95 266.75
WIPRO 342.10 326.20 310.30 302.65 294.37 286.70 278.45 262.55 246.65
YESBANK 371.25 351.60 331.95 323.25 312.28 303.55 292.60 272.95 253.30
ZEEL 619.60 603.75 587.90 579.00 572.03 563.10 556.15 540.30 524.45
8. 8 Copyright © 2018 Ways2Capital. All rights reserved 19/03/2018
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 %)
Open Interest & Price Analysis
Analysis : As per the analysis of
above chart.
Major Resistance Level: 10500.
Major Support Levels:- 10000.
NIITTECH 41.51% 5.73%
HINDZINC 33.08% 2.21%
M&MFIN 32.67% 3.53%
DIVISLAB 18.37% 9.07%
TECHM 15.50% 2.26%
DALMIABHA -13.79% 3.99%
FORTIS -13.40% 7.20%
INDIANB -12.07% 10.33%
ANDHRABANK -11.38% 9.69%
GODFRYPHLP -10.73% 8.76%
TCS 64.80% -6.76%
INDIGO 46.01% -2.36%
TORNTPHARM 35.73% -4.57%
COALINDIA 24.15% -2.45%
ESCORTS 22.33% -2.45%
BEML -8.73% -3.09%
- - -
- - -
- - -
- - -
9. 9 Copyright © 2018 Ways2Capital. All rights reserved 19/03/2018
NIFTY WEEKLY PIVOTS
PARTICULAR LEVEL
Fundamental Outlook
Nifty index snapped a two week losing streak as fundamental macro numbers brought some positive sentiments
to the street. Robust Industrial Production growth in January coupled with slowing down of retail inflation were
among the major factors that propped up sentiments. Meanwhile, profit booking coupled with reports that the
monsoon could be below normal due to El Nino impact, caused some panic offloading in the market towards the
end of the week, erasing gains. February's wholesale inflation lowered marginally to 2.48% versus 2.84% in the
previous month. India's IIP expanded to 7.5% in January, compared to a 7.1% growth rate in December. Retail
inflation in February slowed down to 4.44% compared to 5.07% in January.
Technical Outlook
Nifty future witnessed a strong up move led by sharp short-covering on Monday but after that it remained in
range with intraday volatility. It remain extreme volatile during the week as Nifty fut gained nearly 200 points on
Monday but remained flat for next three days and fell sharply in Friday's trading session as it lost 135 points. The
bias has now tilted in favours of the bears and a break below 200-day moving average in the coming week could
extend the selling pressure.
Nifty Analysis
Continued …....
R4 11187.35
R3 10894.35
R2 10601.35
R1 10419.70
PP 10308.35
S1 10126.70
S2 10015.35
S3 9722.35
S4 9429.35
10. 10 Copyright © 2018 Ways2Capital. All rights reserved 19/03/2018
The Nifty took support near its 200-DMA on last two occasions and then bounced back. Now, a break below this
level which is placed around 10,160 could push the index towards its next crucial support level placed at 10,000.
For this week, traders can adopt sell on higher level strategy in it and below the level of 10190 it can test the
level of Rs. 10040 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 10310.
Nifty Analysis
Continued …....
TECHNICAL INDICATOR
ANALYSIS
INDICATOR
CURRENT
TREND
WEEKLY STRATEGY
PERTICULAR DETAILS
Action SELL
Entry Price Below 10190
Target 10040/9860
Stop Loss 10310
20 Days EMA NEGATIVE
50 Days EMA NEGATIVE
200 Days EMA POSITIVE
RSI NEGATIVE
MACD NEGATIVE
STOCHASTIC NEGATIVE
11. 11 Copyright © 2018 Ways2Capital. All rights reserved 19/03/2018
Nifty Bank Futures started the week on positive note as most the PSU bank showed short covering on Monday,
otherwise it remained range bound in whole week. Bank Nifty somehow managed to close the week on positive
note gaining around 0.79%. Bank Nifty again turning its move from 24900 to 25090 from where the long term
moving averages are lying. Range for the week is seen from 24000 to 24200 on downside & 24900 to 25090 on
upside.
WEEKLY STRATEGY
PERTICULAR DETAILS
For this week, traders can adopt sell on higher level strategy in it and below the level of 25550 it can test the
level of Rs. 24250 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 24750.
Bank Nifty Analysis
WEEKLY PIVOTS
PARTICULAR LEVEL
R4 26773.00
R3 26085.00
R2 25397.00
R1 25016.00
PP 24709.00
S1 24328.00
S2 24021.00
S3 23333.00
S4 22645.00
Action SELL
Entry Price Below 24550
Target 24250/24000
Stop Loss 24750
12. 12 Copyright © 2018 Ways2Capital. All rights reserved 19/03/2018
Technical Outlook
CASH CALL: BUY JAMNAAUTO NSE CASH ABVOE 81 TGT 86 , 90 SL 77
last week Jamnaauto cash open at negative note but after that it moves in positive trend in entire weak and
made high of 81 and give closing at 79.40 .according to technical analysis it brea major resistance of 80 after
accumulation phase in weekly chart. we can made long position in it above this resistance level.
For last week traders can buy it above the levle of 81 with the tgt of 86 and sl of 77.
JAMNAAUTO Cash ( Call of the Week )
WEEKLY STRATEGY
PERTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
R4 97.25
R3 90.95
R2 84.65
R1 82.00
PP 78.35
S1 75.70
S2 72.05
S3 65.75
S4 59.45
ACTION BUY
ENTRY PRICE ABOVE 81
TARGET 86,90
STOP LOSS 77.00
13. 13 Copyright © 2018 Ways2Capital. All rights reserved 19/03/2018
Technical Outlook
BUY BOMDYEING NSE CASH ABOVE 271.1 TGT 278.9, 288.7 SL 266.4
last week bombaydyeing moves in positive note and give closing at 259.95 it made high of 268 according to
technical analysis it break major resistance level of 260 and able to give closing aboove this resistance level we
can expect further upside movement in it above the level of 270
For next week traders can buy from the level of 271.10 with the tgt of 288.70 and sl of 266.40.
BOMDYEING Cash ( Call of the Week )
WEEKLY STRATEGY
PERTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
R4 346.50
R3 316.05
R2 285.60
R1 272.75
PP 255.15
S1 242.30
S2 224.70
S3 194.25
S4 163.80
ACTION BUY
ENTRY PRICE ABOVE 271.10
TARGET 278.90,288.70
STOP LOSS 266.40
14. 14 Copyright © 2018 Ways2Capital. All rights reserved 19/03/2018
Technical Outlook
NSE FUTURES: SELL NIITTECH FUTURES BELOW 895 TGT 880 SL 899.50
last week NIITTECH futures moves in positive note but end of the week it give closing at negative note. after
long rally of buyers is reverse from the overbought zonein RSI. last week NIITTECH futures made high of 964.65
and close at 927.40 we can expect negative trend from here.
For next week traders can short if from the level of 895 for the tgt of 880 and sl of 899.50.
NIITTECH Futures ( Call of the Week )
WEEKLY STRATEGY
PERTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
R4 1334.55
R3 1203.10
R2 1071.65
R1 999.40
PP 940.2
S1 867.95
S2 808.75
S3 677.30
S4 545.85
ACTION SELL
ENTRY PRICE Below 895
TARGET 880.00
STOP LOSS 899.50
15. 15 Copyright © 2018 Ways2Capital. All rights reserved 19/03/2018
Technical Outlook
NSE FUTURES: SELL SUNPHARAMA FUTURES BELOW 499 TGT 490 SL 505
last week sunpharma moves in negative note and entire week it moves in negative note. it break important
support level of 500 we can expect further downside movement in sunpharma below this support level.
For next week traders can sell sunpharma from the level of 499 for the tgt of 490 with sl of 505.
SUNPHARMA Futures ( Call of the Week )
WEEKLY STRATEGY
PERTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
R4 595.00
R3 567.00
R2 539.00
R1 521.00
PP 511.00
P1 493.00
P2 483.00
P3 455.00
P4 427.00
ACTION SELL
ENTRY PRICE Below 499
TARGET 490.00
STOP LOSS 505.00
16. 16 Copyright © 2018 Ways2Capital. All rights reserved 19/03/2018
LEGAL DISCLAIMER (कानूनी 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 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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इक्ववटी / कभोडडटी फाजाय भें कोई बी ननवेश जोखखभ के अधीन होता है, कं ऩनी इन सुझावों ऩय ककए गए ककसी बी नुकसान के लरए उत्तयदामी नहीं होगी | मह स्तय बववष्म के कीभतों की गनत का संके त नहीं देते है| वेफसाइट के भाध्मभ से ककसी बी ब्राउक्ज़ंग का
अथा है अस्वीकयण की स्वीकृ नत।
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 भाके ट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटेड मा उसके सहमोगी कं ऩननमां अनुसंधान रयऩोटा भें शालभर कं ऩननमों 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 कं ऩनी औय उसके कोई बी प्रनतननधध फाज़ाय भें ट्रेड नहीं कयेंगे।
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 19/03/2018
ग्राहकों को मह सराह दी जाती है कक वे रयऩोटा भें दी गई जानकायी को के वर याम के रूऩ भें देखें औय ननवेश के लरए स्वमं पै सरा कयें | ग्राहकों को वेफसाइट ऩय प्रकालशत सेवाओं के ननमभों औय शतों को ऩढ़ने औय सभझने की बी सराह दी जाती है | कं ऩनी के
ननगभन के फाद ननमाभक ननकाम द्वायाकं ऩनी 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 भाके ट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटेड द्वाया ननमुवत हैं | इस रयऩोटा भें व्मवत सबी ववचाय कं ऩनी के फाये भें व्मक्वतगत ववचायों को दशााता है औय कं ऩननमों 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 संफंधधत 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 भाके ट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटेड मा उसके सहमोगी मा उनके ककसी बी तत्कार रयश्तेदाय की ववषम कं ऩनी भें कोई ववत्तीम रुधच नहीं है औय न ही इस तयह की ववत्तीम टहत 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,
(फ) हाई ब्रो भाके ट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटेड मा उसके सहमोगी मा उनके ककसी बी तत्कार रयश्तेदाय की ववषम कं ऩनी की प्रनतबूनतमों भें एक प्रनतशत मा उससे अधधक के वास्तववक / पामदेभंद स्वालभत्व 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 भाके ट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटेड 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 भाके ट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटेड की ऩॉलरसी अऩने ववश्रेषकों, ऩेशेवयों को ववश्रेषक के ऺेत्र भें ककसी बी कं ऩनी की प्रनतबूनतमों के स्वाभी से ववश्रेषकों को रयऩोटा कयने से योकती है।
ववश्रेषक ऺनतऩूनता : ववश्रेषक हाई ब्रो भाके ट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटेड 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 भाके ट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटेड मा उसके सहमोगीमों ने वऩिरे 12 भहीनों भें ववषम कं ऩनी से कोई भुआवजा प्राप्त नहीं ककमा 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 रयऩोटा के ववतयण की नतधथ से ऩूवा फायह भहीनों के दौयान ववषम कं ऩनी 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 भाके ट अनुसंधान ननवेश सराहकाय प्राइवेट लरलभटेड मा उसके सहमोगीमों ने ववषम कं ऩनी के अधधकायी, ननदेशक मा कभाचायी के रूऩ भें कबी बी काभ