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Analyst certification:

The following analyst(s), SAMPADHA who is (are) primarily responsible for this report / blog / article / videos / / audio / post and whose name(s) is/are mentioned therein, certify (ies) that the views expressed herein accurately reflect his (their) personal view(s) about the subject security (ies) and issuer(s) and that no part of his (their) compensation was, is or will be directly or indirectly related to the specific recommendation(s) or views contained in this research report.

Investment / Trading Research and Strategy recommendations Disclaimer

• • Sampadha Provides services only to qualified investors / traders / participants. This is not an offer to any person / entity in any jurisdiction.
  • Investors / Traders / Participants should conduct their own analysis and consult with professional financial planners prior to making any investment / trading decisions.
  • Diversification does not eliminate the risk of experiencing investment loss.
  • Past performance is not a guarantee of future results.
  • Research process, Product strategies are subject to change without any intimation.
  • In no event will the research analyst and / or author of the report / blog / article / videos / audio / post and / or research firm, its affiliates or agents, agents, employees, partners, employees will be liable to any one for any decision made or action taken for investment/ trading / strategy.
  • The research firm, its affiliates or agents and any other employees of the firm cannot be held responsible for any loss in trading or investment due to any problem in connectivity; failure of system; technical problem in the software or any other reason whatever.
  • All the reports / recommendations/ investment or trading calls / strategies / opinions / blog / article / videos / audio / post are advisory in nature and contain the opinions of the research analyst / author/ the research firm / employee which are not to be construed as investment / trading / strategies as advices.
  • The research analyst or author or affiliates or agents and other employees of the research firm and its affiliates or agents cannot be held responsible for the accuracy of the information presented herein or for the results of the positions taken based on the opinions expressed in the reports/ views from the research firm.
  • All the views / investment or trading recommendations / investment or trading strategies / calls / opinions / blog / article / videos / audio / post are based on the information, and subjectivity of the research analyst, which are believed to be accurate and no assurance can be given for the accuracy of this information.
  • There is risk of loss in investing / trading in securities / derivatives / capital markets especially in cash market and derivatives (futures and options) of all asset classes.
  • The research analyst or author or research firm or affiliates or agents or other employees of the research firm and its affiliates or agents cannot be held responsible for any losses in investing / trading or strategies.
  • You should be aware of all the risks associated with futures and options trading in derivatives and other financial products. The value and return on investment may vary because of changes in market risks, counterpart risk, concentration risk, liquidity risk, inflation risk, interest rates, currency risks, socio political risk, and foreign flows / exchange rates risk and / or legal or regulatory risk or any other reason.
  • We take no responsibility for any loss made in trades / investments on any instruments / securities / financial products through us.
  • Futures and options (derivatives); futures on margin carries a high level of risk, and may not be suitable for all investors / traders / market participants. The high degree of leverage can work against the market participant or investor or trader.
  • Before deciding to trade / invest in Derivatives (futures and options) you should carefully consider your risk profile, financial situation, investment objectives, level of knowledge, level of experience, holding period horizon and risk tolerance and risk appetite.
  • The possibility exists that you could sustain a loss of some or all of your initial investments and losses at times may extend much beyond your initial invested amounts and therefore you should not invest money that you cannot afford to lose.
  • Trading especially in cash market and derivatives of all asset classes involve substantial risk. The valuation of the underlying may fluctuate, and as a result, clients may lose their entire original investment and at times even more than the initial investment.
  • In no event should the content of this research recommendations / advise / reports / recommendations/ investment or trading strategies / calls / opinions / blog / article / videos / audio / post can be construed as an express or an implied promise, guarantee or implication by, or from, the research firm that you will profit or that losses can, or will be, limited in any manner whatsoever.
  • The information provided in this report / opinions / blog / article / videos / audio / post is intended solely for informative purposes and is obtained from sources believed to be reliable.
  • Past performance is not necessarily a guide to future performance. Forward-looking statements are not predictions and may be subject to change without notice. Actual results may differ materially from those set forth in projections.
  • Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted.
  • We do offer only research services and do not offer any sort of investment advisory or portfolio management services. The advice, recommendations and reports are only for information purposes and not to be construed as investment advice.
  • The advice, recommendations and reports are only for information purposes and not to be construed as investment advice.
  • Investments and trading in securities or capital or financial market are subject to market risks, read all the related documents carefully before investing. 

Report Disclaimer:

• • SAMPADHA is registered as a research analyst with SEBI (Registration No INH200008006). The information and views presented in this report are prepared by SAMPADHA and are subject to change without any notice.
  • This report is based on information obtained from public sources, the respective corporate under coverage and sources believed to be reliable, but no independent verification has been made nor is its accuracy or completeness guaranteed.
  • The report and information contained herein is strictly confidential and meant solely for the selected recipient and may not be altered in any way, transmitted to, copied or distributed, in part or in whole, to any other person or to the media or reproduced in any form, without prior written consent of SAMPADHA.
  • While we would endeavour to update the information herein on a reasonable basis, but SAMPADHA or affiliates or agents or employees is (are) under no obligation to update or keep the information current. Also, there may be regulatory, compliance or other reasons that may prevent SAMPADHA from doing so.
  • This report and information herein is solely for informational purpose and shall not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments.
  • Though disseminated to all the customers simultaneously, not all customers may receive this report at the same time.
  • SAMPADHA will not treat recipients as customers by virtue of their receiving this report.
  • Nothing in this report constitutes investment or trading, legal, accounting and tax advice or a representation that any investment or trading strategy is suitable or appropriate to your specific circumstances.
  • This material is for personal information and we are not responsible for any loss incurred based upon it.
  • The investments or trades or strategies discussed or recommended in this report may not be suitable for all investors.
  • Investors or traders or participants must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe if necessary.
  • Investors are advised to see Risk Disclosure Document to understand the risks associated before investing or trading in the securities or financial or capital markets.
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