Equity Research Report 25 September 2018 Ways2Capital

HIGH BROW MARKET RESEARCH INVESTMENT ADVISOR PRIVATE LIMITED
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CURRENCY MARKET UPDATE
CURRENCY PAIR
CURRENT
CLOSING
PREVIOUS
CLOSING
WEEKLY
% CHANGE
MAJOR INDICES
INDEX
CLOSING AS ON
21st SEPT 18
WEEKLY CHANGES
WEEKLY
% CHANGE
COMMODITY MARKET UPDATE
COMMODITY
CURRENT
CLOSING
PREVIOUS
CLOSING
WEEKLY
% CHANGE
Market Wrap–Up
Nifty 11143.10 -372.10 -3.23%
Nifty 100 11387.55 -404.15 -3.43%
Nifty 200 5899.70 -224.10 -3.66%
Nifty 500 9425.55 -367.20 -3.75%
India VIX 15.53 1.69 12.21%
Nifty Bank 25596.90 -1566.95 -5.77%
Nifty Auto 10407.40 -419.30 -3.87%
Nifty Finance 10858.45 -556.25 -4.87%
Nifty FMCG 30406.90 -580.70 -1.87%
Nifty IT 15833.50 -239.00 -1.49%
Nifty Media 2580.80 -129.40 -4.77%
Nifty Metal 3673.25 -40.45 -1.09%
Nifty Pharma 10252.35 -400.50 -3.76%
Nifty PSU Banks 2834.15 -262.05 -8.46%
Nifty PVT Bank 14513.65 -934.60 -6.05%
Nifty Realty 248.70 -17.45 -6.56%
USDINR 72.1750 71.9500 0.31%
GBPINR 95.2700 94.4475 0.87%
EURINR 84.9425 84.2425 0.83%
JPYINR 63.9925 64.3700 -0.59%
EURUSD 1.1745 1.1679 0.57%
GBPUSD 1.3076 1.3104 -0.21%
Dollar Index 93.80 94.97 -1.23%
Gold COMEX 1196.20 1198.30 -0.18%
Gold MCX 30582 30436 0.48%
Crude Oil NYMEX 70.78 69.00 2.58%
Crude Oil MCX 5146 4950 3.96%
Brent Oil NYMEX 78.80 78.11 0.88%
Copper MCX 458.15 423.95 8.07%
Natural Gas NYMEX 2.977 2.766 7.63%

WEEKLY GAINERS
SCRIP
CLOSING
PRICE
WEEKLY
% CHANGE
52 WEEK
HIGH
WEEKLY LOSERS
SCRIP
CLOSING
PRICE
WEEKLY
% CHANGE
52 WEEK
LOW
Market at a Glance
BPCL 376.00 5.84% 550.00
GAIL 390.00 5.53% 398.80
ONGC 180.30 4.22% 212.90
TCS 2111.90 2.17% 2214.15
HCLTECH 1089.20 1.77% 1106.60
YESBANK 225.15 -30.16% 216.00
IBULHSGFIN 1060.85 -13.40% 920.85
BAJFINANCE 2392.90 -10.65% 1514.40
UPL 666.00 -9.76% 537.90
BAJAJFINSV 6275.00 -7.38% 4444.00

ECONOMIC EVENTS CALENDER
TIME CURRENY EVENT FORECAST PREVIOUS
Economic Calendar
Monday, September 24, 2018
All Day CNY China - Mid-Autumn Festival Holiday
Tuesday, September 25, 2018
19:30 USD CB Consumer Confidence (Sep) 131.3 133.4
Wednesday, September 26, 2018
19:30 USD New Home Sales (Aug) 637K 627K
20:00 USD Crude Oil Inventories - -2.057M
23:30 USD FOMC Economic Projections - -
23:30 USD FOMC Statement - -
23:30 USD Fed Interest Rate Decision - -
Thursday, September 27, 2018
0:00 USD FOMC Press Conference - -
18:00 USD Core Durable Goods Orders (MoM) (Aug) 0.50% 0.10%
18:00 USD GDP (QoQ) (Q2) 4.20% 4.20%
19:30 USD Pending Home Sales (MoM) (Aug) - -0.70%
Friday, September 28, 2018
7:15 CNY Caixin Manufacturing PMI (Sep) 50.4 50.6
14:00 GBP GDP (YoY) (Q2) 1.30% 1.30%
14:00 GBP GDP (QoQ) (Q2) 0.40% 0.40%

Continued .......
Weekly Pivots
NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT)
SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4
ADANIPORTS 570.85 499.40 427.95 396.45 356.48 324.95 285.00 213.55 142.10
ASIANPAINT 1641.80 1521.95 1402.10 1352.55 1282.22 1232.65 1162.35 1042.50 922.65
AXISBANK 808.60 738.00 667.40 630.20 596.78 559.55 526.15 455.55 384.95
BAJAJ-AUTO 3408.05 3201.15 2994.25 2901.65 2787.32 2694.70 2580.40 2373.50 2166.60
BAJAJFINSV 10115.50 8781.55 7447.60 6861.30 6113.65 5527.35 4779.70 3445.75 2111.80
BAJFINANCE 3998.60 3463.25 2927.90 2660.40 2392.52 2125.00 1857.15 1321.80 786.45
BHARTIARTL 475.15 441.40 407.65 390.55 373.90 356.80 340.15 306.40 272.65
BPCL 460.25 429.40 398.55 387.30 367.68 356.40 336.80 305.95 275.10
CIPLA 779.10 739.05 699.00 679.50 658.95 639.45 618.90 578.85 538.80
COALINDIA 329.40 311.85 294.30 284.80 276.75 267.25 259.20 241.65 224.10
DRREDDY 3252.00 3022.30 2792.60 2684.65 2562.87 2454.90 2333.15 2103.45 1873.75
EICHERMOT 35770.70 33306.70 30842.70 29421.35 28378.67 26957.30 25914.65 23450.65 20986.65
GAIL 468.90 440.45 412.00 401.00 383.55 372.55 355.10 326.65 298.20
GRASIM 1295.55 1211.55 1127.55 1089.05 1043.52 1005.00 959.50 875.50 791.50
HCLTECH 1171.10 1142.70 1114.30 1101.75 1085.90 1073.35 1057.50 1029.10 1000.70
HDFC 2225.15 2098.15 1971.15 1905.30 1844.13 1778.25 1717.10 1590.10 1463.10

Continued .......
Weekly Pivots
HDFCBANK 2308.00 2195.25 2082.50 2029.25 1969.72 1916.45 1856.95 1744.20 1631.45
HEROMOTOCO 3636.50 3467.75 3299.00 3240.50 3130.25 3071.75 2961.50 2792.75 2624.00
HINDALCO 301.90 280.25 258.60 249.85 236.92 228.15 215.25 193.60 171.95
HINDPETRO 299.00 284.35 269.70 263.10 255.05 248.45 240.40 225.75 211.10
HINDUNILVR 1885.30 1801.80 1718.30 1674.60 1634.80 1591.10 1551.30 1467.80 1384.30
IBULHSGFIN 2385.25 1928.90 1472.55 1266.70 1016.17 810.30 559.80 103.45 -
ICICIBANK 396.15 370.80 345.45 331.85 320.08 306.45 294.70 269.35 244.00
INDUSINDBK 2271.65 2113.35 1955.05 1862.50 1796.73 1704.15 1638.40 1480.10 1321.80
INFRATEL 331.85 313.00 294.15 286.60 275.30 267.75 256.45 237.60 218.75
INFY 858.00 810.00 762.00 736.00 714.00 688.00 666.00 618.00 570.00
IOC 179.45 171.70 163.95 160.85 156.18 153.05 148.40 140.65 132.90
ITC 328.70 320.10 311.50 307.80 302.90 299.20 294.30 285.70 277.10
KOTAKBANK 1500.35 1397.35 1294.35 1239.70 1191.33 1136.65 1088.30 985.30 882.30
LT 1463.80 1419.55 1375.30 1352.55 1331.03 1308.25 1286.75 1242.50 1198.25
LUPIN 1282.20 1157.80 1033.40 964.40 908.98 839.95 784.55 660.15 535.75
M&M 1255.70 1149.00 1042.30 1001.15 935.57 894.40 828.85 722.15 615.45

Weekly Pivots
MARUTI 11281.30 10221.25 9161.20 8602.60 8101.12 7542.50 7041.05 5981.00 4920.95
NTPC 195.55 187.00 178.45 172.95 169.88 164.35 161.30 152.75 144.20
ONGC 210.20 199.30 188.40 184.35 177.50 173.45 166.60 155.70 144.80
POWERGRID 226.25 217.45 208.65 204.60 199.83 195.75 191.00 182.20 173.40
RELIANCE 1418.60 1351.35 1284.10 1250.15 1216.82 1182.85 1149.55 1082.30 1015.05
SBIN 376.10 341.00 305.90 288.20 270.78 253.05 235.65 200.55 165.45
SUNPHARMA 800.85 747.10 693.35 664.70 639.58 610.90 585.80 532.05 478.30
TATAMOTORS 353.50 318.25 283.00 266.60 247.72 231.30 212.45 177.20 141.95
TATASTEEL 807.90 744.60 681.30 651.65 617.97 588.30 554.65 491.35 428.05
TCS 2306.90 2236.05 2165.20 2138.55 2094.35 2067.70 2023.50 1952.65 1881.80
TECHM 977.40 897.65 817.90 783.25 738.12 703.45 658.35 578.60 498.85
TITAN 1002.15 937.40 872.65 836.60 807.90 771.85 743.15 678.40 613.65
ULTRACEMCO 4841.85 4577.40 4312.95 4186.50 4048.48 3922.00 3784.00 3519.55 3255.10
UPL 1113.20 963.55 813.90 739.95 664.22 590.25 514.55 364.90 215.25
VEDL 279.60 262.95 246.30 238.15 229.62 221.45 212.95 196.30 179.65
WIPRO 371.85 358.95 346.05 341.30 333.13 328.35 320.20 307.30 294.40
YESBANK 589.95 479.10 368.25 296.70 257.40 185.85 146.55 35.70 -
ZEEL 589.20 544.45 499.70 475.85 454.95 431.10 410.20 365.45 320.70

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: 11200 followed by
11500
Major Support Levels: 10800 followed by 10700
Open Interest & Price Analysis
- - -
- - -
- - -
- - -
- - -
BPCL -16.81% 5.86%
BIOCON -10.84% 2.01%
- - -
- - -
- - -
ALBK 44.26% -7.97%
INDIANB 38.18% -15.42%
OFSS 37.28% -5.35%
JETAIRWAYS 21.37% -13.87%
IGL 20.63% -8.44%
BALRAMCHIN -49.26% -11.14%
ANDHRABANK -19.19% -7.67%
DABUR -14.83% -2.63%
BALKRISIND -13.87% -7.10%
TATAELXSI -13.81% -3.92%

NIFTY WEEKLY PIVOTS
PARTICULAR LEVEL
Fundamental Outlook
After last week carnage in Indian equity market there was no respite in this week also. As the last week was only trailer of the
movie , where index showed some glimpses of negativity but full show was shoed in Friday's trading session as index lost more
than 350 points within a minutes on the news of negativities in NBFCs major DHFL , IBULLHSGFIN etc. due to which this stocks
lost 20-45% in that session with sentiments gaining triggered a panic selling was seen across all the index. Bears were in full
control for in last week. Despite the good performance in world market is was again USD/INR due to which our markets re-
mained under pressure as USD/INR again gained some strength after one week of consolidation. Crude oil price are now 52
week highs which is also acting negative to our Indian markets. Going ahead there are many global economic events are line up
in this week (Fed Interest Rate Decision is the major events) which could further trigger the sentiments of the market.
Technical Outlook
The Nifty futures started the last week on negative note on Monday and traded with negative movement throughout the week.
but major volatility was seen in the last session of the week where index lost more than 350 points initially but managed to
recovered some losses in second half the day. Which led index to give closing with 372 points or 3.23% loss on weekly basis.
The index has breached its crucial support placed at 11,250 levels and closed way lower to its major support.
Continued …....
Nifty Analysis
R4 12674.10
R3 12189.60
R2 11705.10
R1 11435.70
PP 11220.60
S1 10951.20
S2 10736.10
S3 10251.60
S4 9767.10

Continued …....
TECHNICAL INDICATOR
ANALYSIS
INDICATOR
CURRENT
TREND
WEEKLY STRATEGY
PARTICULAR DETAILS
For this week, traders can adopt sell on higher level strategy in it and below the level of 10,965. It can test the level of Rs.
10,845 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 11,065.
Nifty Analysis
The index after gap opening immediately slipped into red and closed at psychological 11,000 levels for first time since July
19, forming bearish candle on the daily charts which also resembles a 'Bearish Beld Hold' kind of pattern. If index managed
to trade below 11000 levels than further selling can be seen in it. Major resistance is placed at 11200 levels while down side
support is placed at 10850 levels. On option front, maximum Put open interest is at 10,800 followed by 10,700 strike while
maximum Call is at 11,200 and 11,500 strikes.
ACTION SELL
ENTRY PRICE BELOW 10965
TARGET 10845
STOP LOSS 11065
20 Days EMA NEGATIVE
50 Days EMA NEGATIVE
200 Days EMA POSITIVE
RSI NEGATIVE
MACD NEGATIVE
STOCHASTIC NEGATIVE

Technical Outlook
The Nifty Bank index started the last week on negative note and traded with bearish movement throughout the week. On
last trading session index tumbled more than 750 points due to which it gave closing on heavy negative note on weekly
basis with loss of 1566 points. Going ahead, index has breached its major support levels of 26000 on daily charts and trading
way below its support levels. if index manages to trade below the levels of 24950 in coming session than further down side
move can be expected in it. Resistance is placed at 25750 on upside while support is placed at 24700 on down side.
WEEKLY STRATEGY
PARTICULAR DETAILS
For this week, traders can adopt sell on higher level strategy in it and below the level of 24940. It can test the
level of Rs. 24740 during the week. Trades can make sell position in it by maintaining a Stop Loss of Rs. 25101.
WEEKLY PIVOTS
PARTICULAR LEVEL
Bank Nifty Analysis
R4 31445.20
R3 29623.25
R2 27801.30
R1 26730.65
PP 25979.35
S1 24908.70
S2 24157.40
S3 22335.45
S4 20513.50
ACTION SELL
ENTRY PRICE BELOW24940
TARGET 24740
STOP LOSS 25101

Technical Outlook
Last week, HCLTECH started the week with upside movement and traded near to its 52 week high with consolidation. It
made a high of 1098 during the week and closed at 1084.90 with the overall gain of around 1.10% on weekly basis. Tech-
nically it’s Consolidating from last two weeks and forming Bullish Flag pattern. For this week, we can expect up side move
in it.
For this week, traders can adopt buy from 52 week high breakout strategy in it and above the level of 1110 it can test the
level of 1140 during the week. Trades can make buy position in it by maintaining a Stop Loss of 1087.
HCL TECH Cash( Call of the Week )
WEEKLY STRATEGY
PARTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
R4 1169.70
R3 1141.25
R2 1112.80
R1 1098.65
PP 1084.35
S1 1070.20
S2 1055.90
S3 1027.45
S4 999.00
ACTION BUY
ENTRY PRICE ABOVE 1110
TARGET 1140.00
STOP LOSS 1087.00

Technical Outlook
Last week, VEDL NSE Cash started the week with gap up opening and then traded sideways to negative the entire week. It
made a high of 237.75 during the week and closed at 230.45 with the overall loss of around 2.20% on weekly basis. Tech-
nically it’s forming Symmetrical Triangle Pattern on daily chart and in weekly chart it formed Bullish Hammer Pattern. For
this week, we can expect up side movement in it
For this week, traders can adopt buy on pattern breakout strategy in it and above the level of 238 it can test the level of
248 during the week. Trades can make buy position in it by maintaining a Stop Loss of 233.
VEDL Cash ( Call of the Week )
WEEKLY STRATEGY
PARTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
ACTION BUY
ENTRY PRICE ABOVE 238.60
TARGET 248.00
STOP LOSS 233.60
R4 279.70
R3 263.05
R2 246.40
R1 238.40
PP 229.75
S1 221.75
S2 213.10
S3 196.45
S4 179.80

Technical Outlook
Last week, JETAIRWAYS Sept Futures started the week on negative note and after that it broke the 52 week’s low during
the week. It made a low of 222.60 during the week and closed 230.40 with the overall loss of 13.86% on weekly basis.
Technically it had given breakout of Symmetrical Triangle Pattern from the 52 week’s low with higher volume and we can
expect more downside movement in it.
For this week, traders can adopt sell on Pattern breakout strategy in it and below the level of 215.50 it can test the level of
201.50 during the week. Trades can make sell position in it by maintaining a Stop Loss of 221.50
JET AIRWAYS FUTURES( Call of the Week )
WEEKLY STRATEGY
PARTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
R4 393.85
R3 343.25
R2 292.65
R1 261.50
PP 242.05
S1 210.90
S2 191.45
S3 140.85
S4 90.25
ACTION BUY
ENTRY PRICE BELOW 215.50
TARGET 201.50
STOP LOSS 221.50

Technical Outlook
Last week DHFL Sept Futures moved in negative trend and after breaking the 52 week’s low, it made low of 275.4 during
the week and closed at 350.95 with the overall loss of 43.40% on weekly basis. Currently it trading in oversold zone and
technically from here, we can expect short covering in it.
For this week, traders can adopt buy on lower level strategy in it and above the level of 400, it can test the level of 480
during the week. Trades can make buy position in it by maintaining a Stop Loss of 394.00
DHFL FUTURES ( Call of the Week )
WEEKLY STRATEGY
PARTICULAR DETAILS
WEEKLY PIVOTS
PARTICULAR LEVEL
R4 1453.60
R3 1107.70
R2 761.80
R1 556.40
PP 415.90
S1 210.50
S2 70.00
S3 -
S4 -
ACTION BUY
ENTRY PRICE ABOVE 400
TARGET 480.00
STOP LOSS 394.00

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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

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 report 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

Equity Research Report 25 September 2018 Ways2Capital

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Equity Research Report 25 September 2018 Ways2Capital