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 Market Wrap–Up

MAJOR INDICES CURRENCY MARKET UPDATE

CLOSING AS ON WEEKLY CURRENT PREVIOUS WEEKLY
INDEX WEEKLY CHANGES CURRENCY PAIR
12th SEPT 18 % CHANGE CLOSING CLOSING % CHANGE
Nifty 10472.30 124.25 1.20% USDINR 73.7000 74.0125 -0.42%
Nifty 100 10668.80 145.00 1.38% GBPINR 97.4475 96.5775 0.90%
Nifty 200 5513.30 95.40 1.76% EURINR 85.2525 85.2750 -0.03%
Nifty 500 8775.15 172.55 2.01% JPYINR 65.7300 65.0675 1.02%
India VIX 18.79 -1.36 -6.74% EURUSD 1.1564 1.1558 0.05%
Nifty Bank 25276.95 658.60 2.68% GBPUSD 1.3191 1.3098 0.71%

Nifty Auto 8992.15 23.05 0.26% Dollar Index 94.91 95.31 -0.42%

Nifty Finance 10515.75 339.80 3.34% COMMODITY MARKET UPDATE

Nifty FMCG 28161.10 455.30 1.64% CURRENT PREVIOUS WEEKLY
COMMODITY
CLOSING CLOSING % CHANGE
Nifty IT 14722.10 -583.10 -3.81%
Gold COMEX 1218.10 1206.70 0.94%
Nifty Media 2581.50 233.20 9.93%
Gold MCX 31846 31643 0.64%
Nifty Metal 3407.15 67.70 2.03%
Crude Oil NYMEX 71.34 74.29 -3.97%
Nifty Pharma 9698.65 192.85 2.03% Crude Oil MCX 5243 5546 -5.46%
Nifty PSU Banks 2693.30 -10.20 -0.38% Brent Oil NYMEX 80.43 84.03 -4.28%
Nifty PVT Bank 14412.55 676.75 4.92% Copper MCX 459.55 456.55 0.66%
Nifty Realty 209.45 7.35 3.64% Natural Gas NYMEX 3.161 3.143 0.57%

2 Copyright © 2018 Ways2Capital. All rights reserved 15/10/2018

 Market at a Glance

WEEKLY GAINERS
CLOSING WEEKLY 52 WEEK
SCRIP
PRICE % CHANGE HIGH

HINDPETRO 213.00 19.33% 483.75

BAJAJ FI-
2285.00 15.77% 2995.10
NANCE
ZEEL 468.50 13.00% 619.35

BPCL 295.35 11.10% 550.00

YESBANK 245.25 11.07% 404.00

WEEKLY LOSERS
CLOSING WEEKLY 52 WEEK
SCRIP
PRICE % CHANGE LOW
TATA MOTO-
183.90 -13.56% 170.65
RES
HCL TECH 995.45 -7.31% 825.10

TCS 1935.20 -6.97% 1248.45

M AND M 742.70 -4.10% 660.50

INFOSYS 689.25 -3.53% 457.63

3 Copyright © 2018 Ways2Capital. All rights reserved 15/10/2018

 Economic Calendar
ECONOMIC EVENTS CALENDER
TIME CURRENY EVENT FORECAST PREVIOUS
Monday, October 15, 2018
18:00 USD Core Retail Sales (MoM) (Sep) 0.40% 0.30%
18:00 USD Retail Sales (MoM) (Sep) 0.70% 0.10%
Tuesday, October 16, 2018
14:00 GBP Average Earnings Index +Bonus (Aug) 2.60% 2.60%
14:00 GBP Claimant Count Change (Sep) 4.5K 8.7K
19:30 USD JOLTs Job Openings (Aug) 6.900M 6.939M
Wednesday, October 17, 2018
14:00 GBP CPI (YoY) (Sep) 2.60% 2.70%
18:00 USD Building Permits (Sep) 1.280M 1.249M
20:00 USD Crude Oil Inventories 2.620M 5.987M
23:30 USD FOMC Meeting Minutes - -
Thursday, October 18, 2018
All Day INR India - Dasara Holiday
14:00 GBP Retail Sales (MoM) (Sep) -0.30% 0.30%
18:00 USD Philadelphia Fed Manufacturing Index (Oct) 21 22.9
Friday, October 19, 2018
7:30 CNY GDP (YoY) (Q3) 6.60% 6.70%
7:30 CNY Industrial Production (YoY) (Sep) 6.00% 6.10%
19:30 USD Existing Home Sales (Sep) 5.31M 5.34M
21:00 GBP BoE Gov Carney Speaks - -

4 Copyright © 2018 Ways2Capital. All rights reserved 15/10/2018

 Weekly Pivots

NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT)

SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4

ADANIPORTS 433.15 394.35 355.55 339.40 316.75 300.60 277.95 239.15 200.35

ASIANPAINT 1490.80 1405.75 1320.70 1290.35 1235.62 1205.25 1150.55 1065.50 980.45

AXISBANK 745.95 689.80 633.65 608.85 577.47 552.65 521.30 465.15 409.00

BAJAJ-AUTO 3033.75 2886.05 2738.35 2680.05 2590.63 2532.30 2442.90 2295.20 2147.50

BAJAJFINSV 8023.60 7240.00 6456.40 6115.20 5672.80 5331.60 4889.20 4105.60 3322.00

BAJFINANCE 3396.15 2988.35 2580.55 2433.30 2172.73 2025.45 1764.90 1357.10 949.30

BHARTIARTL 356.35 334.80 313.25 301.15 291.70 279.60 270.15 248.60 227.05

BPCL 401.10 360.60 320.10 304.00 279.58 263.45 239.05 198.55 -

CIPLA 744.65 706.25 667.85 646.30 629.45 607.90 591.05 552.65 514.25

COALINDIA 326.00 308.60 291.20 285.10 273.80 267.70 256.40 239.00 221.60

DRREDDY 2984.70 2800.70 2616.70 2533.35 2432.67 2349.30 2248.65 2064.65 1880.65

EICHERMOT 33461.00 29913.05 26365.10 24983.20 22817.12 21435.20 19269.15 15721.20 12173.25

GAIL 450.45 416.45 382.45 369.90 348.43 335.85 314.40 280.40 246.40

GRASIM 1117.70 1043.80 969.90 931.95 895.97 858.00 822.05 748.15 674.25

HCLTECH 1343.95 1233.90 1123.85 1053.05 1013.77 942.95 903.70 793.65 683.60

HDFC 2081.15 1959.70 1838.25 1787.05 1716.80 1665.60 1595.35 1473.90 1352.45.......
Continued

5 Copyright © 2018 Ways2Capital. All rights reserved 15/10/2018

 Weekly Pivots

NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT)

SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4

HDFCBANK 2202.40 2122.90 2043.40 2010.20 1963.90 1930.70 1884.40 1804.90 1725.40
HEROMOTOCO 3714.25 3430.65 3147.05 3016.85 2863.45 2733.25 2579.85 2296.25 2012.65
HINDALCO 303.55 277.35 251.15 239.20 224.93 212.95 198.70 172.50 146.30
HINDPETRO 372.50 315.65 258.80 238.70 201.92 181.80 145.05 88.20 -
HINDUNILVR 1841.10 1740.80 1640.50 1603.15 1540.17 1502.80 1439.85 1339.55 1239.25
IBULHSGFIN 1310.60 1182.40 1054.20 991.30 925.97 863.05 797.75 669.55 541.35
ICICIBANK 390.75 365.10 339.45 329.00 313.78 303.30 288.10 262.45 236.80
INDUSINDBK 1890.00 1804.55 1719.10 1685.90 1633.65 1600.45 1548.20 1462.75 1377.30
INFRATEL 336.35 312.35 288.35 276.70 264.33 252.65 240.30 216.30 192.30
INFY 891.05 823.85 756.65 717.40 689.45 650.20 622.25 555.05 487.80
IOC 186.80 167.65 148.50 141.05 129.32 121.85 110.15 91.00 -
ITC 319.95 304.20 288.45 281.75 272.68 265.95 256.90 241.15 225.40
KOTAKBANK 456.20 428.30 400.40 390.15 372.48 362.20 344.55 316.65 288.75
LT 1514.80 1385.80 1256.80 1211.45 1127.78 1082.40 998.75 869.75 740.75
LUPIN 1422.10 1359.30 1296.50 1264.25 1233.67 1201.40 1170.85 1108.05 1045.25
M&M 957.70 890.25 822.80 795.65 755.32 728.15 687.85 620.40 552.95
Continued .......
6 Copyright © 2018 Ways2Capital. All rights reserved 15/10/2018
 Weekly Pivots
NIFTY 50 WEEKLY PIVOTS (CASH SEGMENT)
SCRIP NAME R4 R3 R2 R1 PP S1 S2 S3 S4
MARUTI 9091.70 8426.70 7761.70 7532.35 7096.67 6867.30 6431.65 5766.65 5101.65
NTPC 185.35 178.15 170.95 168.05 163.75 160.85 156.55 149.35 142.15
ONGC 198.65 183.75 168.85 163.15 153.92 148.20 139.00 124.10 109.20
POWERGRID 208.65 201.40 194.15 191.30 186.88 184.00 179.60 172.35 165.10
RELIANCE 1403.70 1300.25 1196.80 1161.15 1093.35 1057.70 989.90 886.45 783.00
SBIN 333.80 311.70 289.60 276.65 267.50 254.55 245.40 223.30 201.20
SUNPHARMA 708.60 671.75 634.90 613.45 598.05 576.60 561.20 524.35 487.50
TATAMOTORS 335.50 287.30 239.10 211.50 190.90 163.30 142.70 94.50 46.30
TATASTEEL 701.50 657.70 613.90 596.20 570.10 552.40 526.30 482.50 438.70
TCS 2639.35 2420.15 2200.95 2060.50 1981.73 1841.25 1762.50 1543.30 1324.10
TECHM 822.25 780.50 738.75 716.30 696.97 674.50 655.20 613.45 571.70
TITAN 1051.95 963.30 874.65 839.70 785.98 751.00 697.30 608.65 520.00
ULTRACEMCO 4465.15 4230.40 3995.65 3890.60 3760.88 3655.80 3526.10 3291.35 3056.60
UPL 774.30 721.45 668.60 649.30 615.72 596.40 562.85 510.00 457.15
VEDL 303.70 273.70 243.70 229.10 213.67 199.05 183.65 153.65 123.65
WIPRO 370.50 351.95 333.40 324.85 314.85 306.30 296.30 277.75 259.20
YESBANK 425.35 363.80 302.25 273.95 240.67 212.35 179.10 117.55 56.00
ZEEL 660.20 590.80 521.40 493.35 451.97 423.90 382.55 313.15 243.75

7 Copyright © 2018 Ways2Capital. All rights reserved 15/10/2018

 Open Interest & Price Analysis

LONG BUILD-UP SHORT COVERING NIFTY OPTIONS OPEN INTEREST ANALYSIS

CHANGE IN PRICE CHANGE CHANGE IN PRICE CHANGE

SCRIP SCRIP
OI (In %) (In %) OI (In %) (In %)

AMARAJABAT 30.39% 2.35% ENGINERSIN -26.80% 12.77%

BPCL 29.43% 9.16% HINDPETRO -25.23% 32.81%

CHENNPETRO 23.06% 1.47% ACC -22.74% 1.93%

OIL 21.28% 9.05% L&TFH -20.07% 11.44%

TVSMOTOR 20.95% 5.93% BALKRISIND -17.47% 4.79%

SHORT BUILD-UP LONG UNWINDING

CHANGE IN PRICE CHANGE CHANGE IN PRICE CHANGE
SCRIP SCRIP
OI (In %) (In %) OI (In %) (In %)

RAMCOCEM 29.82% -5.83% VEDL -13.82% -7.29%

GRASIM 21.73% -2.92% - - -

HEXAWARE 21.51% -5.09% - - -

Analysis : As per the analysis of above chart.
TCS 20.47% -9.04% - - -
Major Resistance Level: 11000
- - - Major Support Levels: 10000
NIITTECH 37.92% -9.75%

8 Copyright © 2018 Ways2Capital. All rights reserved 15/10/2018

 Nifty Analysis

NIFTY WEEKLY PIVOTS

Fundamental Outlook
PARTICULAR LEVEL

Last week Nifty traded in positive trend and got a bounce back from oversold zone. PE range for nifty for last week was 24.95 - R4 11443.85
26.62 and last week we saw recovery in Nifty after continuous falls from the higher level. Nifty already given recovery of 2.60%
from the bottom levels and global market remain looking in mix sentiments as some indices were negative while some were R3 11090.45
positive. Last week Pharma index moved in positive movement and took part in nifty positive trend. On the other hand due to
R2 10737.05
some correction in crude oil and USD, top oil marketing companies also took part in nifty positive trend given some correction
from deep and showed smart recovery in stock like BPCL. IOC BPCL, HPCL etc. On Macroeconomic front; important data like
R1 10611.80
Cumulative Industrial Production, Industrial Production, Manufacturing Output etc released last week but none of them able to
create major impact on the direction of the index. For this week, there is no major data is scheduled for release. PP 10383.65

S1 10258.40

Technical Outlook
S2 10030.25
The Nifty futures started the last week on positive note on Monday and traded with positive note for three sessions. On Thurs-
day's trading session Index opened on a huge gap down note but soon recovered from lower levels. last session showed good S3 9676.85

follow up buying in the index , due to which it manages to give closing with 124 points or 1.20% gain on weekly basis
S4 9323.45

Continued …....

9 Copyright © 2018 Ways2Capital. All rights reserved 15/10/2018

 Nifty Analysis
Last week index has successfully defended its major support levels of 10000 and manages to give closing near 10500 levels
which is now acting as major resistance levels for it. If index manages to trade above the levels of 10500 levels than further WEEKLY STRATEGY
upside rally can be expected in it. while down side support is placed at 10150 levels. On option front, maximum Put open PARTICULAR DETAILS
interest is at 10,000 strike while maximum Call is at 11,000 strikes.
ACTION BUY

ENTRY PRICE ABOVE 10510

TARGET 10660

STOP LOSS 10410

TECHNICAL INDICATOR
ANALYSIS
CURRENT
INDICATOR
TREND

20 Days EMA NEGATIVE

50 Days EMA NEGATIVE

200 Days EMA NEGATIVE

RSI NEGATIVE

MACD NEGATIVE
For this week, traders can adopt buy on lower level strategy in it and above the level of 10,510. It can test the level of Rs.
STOCHASTIC NEGATIVE
10,660 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 10,410.
Continued …....

10 Copyright © 2018 Ways2Capital. All rights reserved 15/10/2018

 Bank Nifty Analysis
Technical Outlook WEEKLY STRATEGY
The Nifty Bank index started the last week on positive note and traded with positive sentiments throughout the week. Index PARTICULAR DETAILS
showed some consolidation near its major resistance levels of 25500. Bank nifty index gave closing on positive note on
ACTION BUY
weekly basis with gain of 658 points. Going ahead, index is consolidating near its major resistance levels of 25500 on daily
ENTRY PRICE ABOVE 25515
charts and if it manages to crosses this resistance levels than further up side movement can be seen in it .Support is placed
at 25000 on down side. TARGET 25815

STOP LOSS 25315

WEEKLY PIVOTS
PARTICULAR LEVEL

R4 28651.90

R3 27347.30

R2 26042.70

R1 25203.80

PP 24738.10

S1 23899.20

S2 23433.50
For this week, traders can adopt buy on lower level strategy in it and above the level of 25515. It can test the level of Rs. S3 22128.90
25715 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 25315.
S4 20824.30

11 Copyright © 2018 Ways2Capital. All rights reserved 15/10/2018

 ESCORT Cash( Call of the Week )
Technical Outlook
WEEKLY STRATEGY
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 showed good buying from lower levels throughout the week. On daily chart it is consolidat- PARTICULAR DETAILS
ing on lower levels and forming double bottom. If it manages to trade above 605 levels than further upside move can be ACTION BUY
seen in it. In intraday it showed a good positive move.
ENTRY PRICE ABOVE 605

TARGET 629.00

STOP LOSS 593.00

WEEKLY PIVOTS
PARTICULAR LEVEL

R4 796.95
R3 726.20

R2 655.45

R1 628.40

PP 584.70

S1 557.65

S2 513.95
For this week, traders can adopt buy on lower level strategy in it and above the level of 605 it can test the level of Rs. 629
S3 443.20
during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 593
S4 372.45

12 Copyright © 2018 Ways2Capital. All rights reserved 15/10/2018

 AJANTA PHARMA Cash ( Call of the Week )
Technical Outlook
WEEKLY STRATEGY
Overall trend of the Stock is bearish for long term . For short-medium term stock is in some recovery phase. Last week, it PARTICULAR DETAILS
started on negative note but showed good buying from lower levels throughout the week. On daily chart it has gave
ACTION BUY
breakout of its major trend line up side. On intraday chart it showed good positive move. If it manages to trade above the
levels of 1045 than further upside move can be seen in it
ENTRY PRICE ABOVE 1045

TARGET 1085.00

STOP LOSS 1023.00

WEEKLY PIVOTS
PARTICULAR LEVEL

R4 1313.75
R3 1216.10

R2 1118.45

R1 1071.50

PP 1020.8

S1 973.85

S2 923.15
For this week, traders can adopt buy on lower level strategy in it and above the level of 1045 it can test the level of Rs. S3 825.50
1085 during the week. Trades can make buy position in it by maintaining a Stop Loss of Rs. 1023.
S4 727.85

13 Copyright © 2018 Ways2Capital. All rights reserved 15/10/2018

 IBULHSGFN FUTURES( Call of the Week )
Technical Outlook
WEEKLY STRATEGY
Last Week IBULHSGFIN Oct Futures started the week with positive note and a high of 992.10 during the week. It closed at
PARTICULAR DETAILS
930.70 with the overall gain of 1.85% on weekly basis. Technically its recovering from the lower levels and RSI is also
ACTION BUY
crossing upside from the oversold zone. For this week, we can expect positive movement in it.
ENTRY PRICE ABOVE 951

TARGET 1050.00

STOP LOSS 931.00

WEEKLY PIVOTS
PARTICULAR LEVEL

R4 1327.10

R3 1193.80

R2 1060.50

R1 995.60

PP 927.20

S1 862.30

S2 793.90

For this week, traders can adopt buying from lower level strategy in it and above the level of 950 it can test the level of S3 660.60
1050 during the week. Trades can make buy position in it by maintaining a Stop Loss of 931. S4 527.30

14 Copyright © 2018 Ways2Capital. All rights reserved 15/10/2018

 ASIAN PAINTS FUTURES ( Call of the Week )
Technical Outlook
WEEKLY STRATEGY
Last week, ASIANPAINT Futures started the week on positive note and after that it given correction from the higher levels.
It made a high of 1263.85 during the week and closed 1258.85 with the overall loss of 3.40 % on weekly basis. Technically it PARTICULAR DETAILS
formed Dragonfly Doji Pattern on its daily charts with positive technical indicators which is a good sign of reversal and for ACTION BUY
this week, we can expect upside movement in it.
ENTRY PRICE ABOVE 1251

TARGET 1291.00

STOP LOSS 1239.00

WEEKLY PIVOTS
PARTICULAR LEVEL
R4 1484.60

R3 1401.20

R2 1317.80

R1 1288.35

PP 1234.40

S1 1204.95

S2 1151.00

For this week, traders can adopt buying from lower level strategy in it and above the level of 1251 it can test the level of S3 1067.60

1291 during the week. Trades can make buy position in it by maintaining a Stop Loss of 1239. S4 984.20

15 Copyright © 2018 Ways2Capital. All rights reserved 15/10/2018

 Disclaimer

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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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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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