Disclosure and Disclaimer

Disclaimer and Disclosures

Market Risks Warning

  • Investment Risks: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

Loss Possibility

  • Potential Losses: Market fluctuations may result in partial or total loss of investments under specific conditions.

SEBI Registration

  • Registration Notice: Registration granted by SEBI and certification from NISM do not guarantee the performance of the intermediary nor assure returns to investors.

ILLUSTRATIVE PURPOSES

  • The securities mentioned are for illustration only and are not recommendations.

Past Performance

  • Performance Disclaimer: Historical performance is not indicative of future results.

Risks Associated with Open Positions

  • Recommendation Risks: Our advice may involve open positions; we may not provide stop-loss or target prices in our securities recommendations. This could lead to significant losses in adverse market conditions or due to company events. For safety, we recommend exiting positions with a 20% loss from either the buying or selling side.

SEBI Fee Collection Mechanism

  • Payment Procedures: All fees for research services must be made online to the “BUDDHI PRAKASH KAROL” bank account or through the payment gateway or Centralized Fee Collection Mechanism (CeFCoM). Payments made outside this structure will not be recognized under SEBI regulations. SEBI and its recognized regulatory bodies will not entertain grievances regarding this matter.

No Warranties

  • Accuracy Disclaimer: All fees for research services must be made online to the “BUDDHI PRAKASH KAROL” bank account or through the payment gateway or Centralized Fee Collection Mechanism (CeFCoM). Payments made outside this structure will not be recognized under SEBI regulations. SEBI and its recognized regulatory bodies will not entertain grievances regarding this matter.
  • No Loss Claims: There is no avenue for claiming losses incurred based on recommendations found in the research report/calls.
  • Options Trading Risk: Understanding the risks of #HeroZero and #ZeroHero options calls is crucial, as these can involve significant capital risk and a high probability of total capital loss. It’s vital to invest in Futures and Options (F&O) trading calls according to your individual risk tolerance.

    Exercise Caution

    • Research Analysis: We provide research analysis and specific securities recommendations but do not offer portfolio management services, personal account handling, profit sharing, or investment advisory services based on risk profiling.
    • Reporting Unethical Practices: Please report any unethical practices to our support/compliance team at KAROL.BUDDHIPRAKASH@GMAIL.COM or contact SEBI’s toll-free number: 1800 22 7575 or 1800 266 7575.

    Disclosures of Material Information

    • Registration Details: BUDDHI PRAKASH KAROL: INH000018090

    Business Activity

    • “BUDDHI PRAKASH KAROL” engages in research analyst activities by providing Buy/Sell/Hold calls or other ratings to clients and is registered under SEBI (Research Analyst) Regulations, 2014. SEBI Reg. No. INH000018090.

    Disciplinary History

    • No disciplinary actions, penalties, or regulatory measures have been taken against “BUDDHI PRAKASH KAROL: INH000018090” or its partners and associates.

    Terms & Conditions

    • Research Report Issuance: The research report is provided to registered clients and is based on facts and data considered true and reliable. The information is derived from publicly available data or other believed reliable sources.
    • Report Review: We have reviewed the research report for any untrue material facts or misleading information. The report is meant for informational purposes only and does not constitute an offer or solicitation to buy, sell, hold, or subscribe for securities or other financial instruments.

    Risk Disclosures

    • Liability Disclaimer: “BUDDHI PRAKASH KAROL: INH000018090,” along with its partners, employees, officers, and affiliates, are not liable for any loss or damage arising from nonchalant errors in the information presented in the research report or recommendations.
    • Investment Risks: Investors may lose their entire investment or portfolio under certain market conditions. It is essential to understand your risk appetite or consult financial advisors before acting on any recommendations.
    • Individual Considerations: The research report does not take into account specific investment objectives, goals, or financial situations of individuals. Clients should act according to their risk tolerance and financial circumstances while being aware of the risks in capital markets.

    Ownership and Material Conflicts of Interest

    • Financial Interests: “BUDDHI PRAKASH KAROL: INH000018090” or its research analysts and associates do not have any direct or indirect financial interests in the subject company.
    • Conflict of Interest: “BUDDHI PRAKASH KAROL: INH000018090” or its research analysts and associates do not have any material conflicts of interest at the time of publication of the research report.
    • Securities Ownership: “BUDDHI PRAKASH KAROL: INH000018090” or its research analysts and associates do not own 1% or more of the securities of the subject company.

    Compensation Disclosures

    • Compensation History:
    • “BUDDHI PRAKASH KAROL: INH000018090 and its associates” have not received any compensation from the subject company in the past twelve months.
    • “BUDDHI PRAKASH KAROL: INH000018090 and its associates” has not managed or co-managed any public offerings for the subject company in the past twelve months.
    • “BUDDHI PRAKASH KAROL: INH000018090 and its associates” have not received any compensation for investment banking, merchant banking, or brokerage services or products or services other than investment banking or merchant banking or brokerage services from the subject company in the past twelve months.
    • “BUDDHI PRAKASH KAROL: INH000018090 and its associates” have not received any compensation or other benefits from the subject company or third party in connection with the research report.
    • The research analyst has not served as an officer, director, and employee of the subject company
    • “BUDDHI PRAKASH KAROL: INH000018090 and its associates” have not engaged in the market-making activity for the subject company.
    • “BUDDHI PRAKASH KAROL: INH000018090 and its associates” have not received any compensation from the subject company in the past twelve months.

    Use of AI Tools in Research

    • Recommendations Basis: Our recommendations are based on technical and fundamental analysis, with some involvement of AI (artificial intelligence).
    • Client Data Responsibility: We uphold our responsibility for client data security, confidentiality, and compliance concerning AI usage.
    • AI Trading Risks: Risks associated with AI include system vulnerabilities that may exacerbate errors, privacy and security risks with sensitive data, and potential bias, lack of transparency, and misleading outcomes due to poor data.

    Model Portfolio by Research Analyst

    • “BUDDHI PRAKASH KAROL: INH000018090” will follow research analysts’ guidelines for recommending a ‘model portfolio’ when necessary.

    Securities/Stocks Ratings:

    • Buy: Buy Securities/Stocks as per the range defined in calls; for example: Buy XYZ stocks at 100-105, which means buy XYZ stocks/securities only within the price range of 100 to 105, not more or less than that price.
    • Sell: Sell Securities/Stocks as per the range defined in calls.
    • Hold: Hold Securities/Stocks till further stop-loss or target.
    • Apply: Apply for a public offer like: IPO, Buy-Back, OFS, etc.
    • Book Profit: Means selling Securities/Stocks equivalent to profit.
    • Exit: Sell all quantity of Securities/Stocks and close positions or holdings.
    • ADD/REDUCE: Buy or Sell part quantity of Securities/Stocks.

    Research Service Calls/Recommendations Terms and Conditions:

    • Monthly/Annual Fee: ** Monthly fees range from ₹1,000 to ₹12,000, depending on the various services offered (However, for individual clients, the total fees for all services cannot exceed ₹1.51 lakh plus GST per year, in accordance with current SEBI RA regulations)
    • Estimated Number of Research Calls per Month: ** 20-50 (The number of calls can fluctuate based on market conditions; there is no guarantee of daily call volume)
    • Risk Level: ** VERY High risk of capital loss. So, invest according to your risk appetite.
    • Stock Selection Approach: ** Utilizes both technical and fundamental analysis
    • Stock Categories: ** Focus on F&O, Index, Large, Mid, Small, and Micro Cap Stocks.
    • Investment Time Frame: ** Ranges from Intraday to 12 months
    • Communication Mode for Research Calls: ** Telegram or Others;
    • Stop-Loss Threshold: ** As per calls; must follow strict stop-loss measures to avoid BIG losses.
    • Target Price: ** As per calls; Also follow strict target orders.

    Important Notice

    • Complaints: If you are dissatisfied with our services, please direct your initial complaint to KAROL.BUDDHIPRAKASH@GMAIL.COM or contact +91 92164 85581. Alternatively, visit our social media or website for more details.
    • Escalation: If your issue remains unresolved after 7 days, or if you are still dissatisfied with our response, you may escalate your concern to SEBI through the following channels:
    • SEBI Toll-Free Number: 1800 22 7575 or 1800 266 7575

    Investor Awareness and Education

    • SEBI Resources: For free tools and resources, visit the SEBI investor website or download the SEBI SaarThi App:
    • **Explore our social media channels and website for comprehensive information regarding risks, disclosures, disclaimers, investor charter, complaint table, terms and conditions, refund policies, SEBI Research Analyst registration details, compliance officer information, and more.

    Disclosures with regard to ownership and material conflicts of interest:

    BUDDHI PRAKASH KAROL: INH000018090 or its research analysts or his/her relative or

    associate don’t have any direct or indirect financial interest in the subject company

    BUDDHI PRAKASH KAROL: INH000018090 or its research analysts, or his/her relative or

    associate don’t have any other material conflict of interest at the time of publication of the research

    report.

    BUDDHI PRAKASH KAROL: INH000018090 or its research analysts, or his/her relative or

    associates don’t have actual ownership of 1% or more securities of the subject company

    Disclosures with regard to ownership and material conflicts of interest:

    BUDDHI PRAKASH KAROL: INH000018090 or its associates have received any compensation

    from the subject company in the past twelve months: NO

    BUDDHI PRAKASH KAROL: INH000018090 or its associates have managed or co-managed

    public offering of securities for the subject in the past twelve months: NO

    BUDDHI PRAKASH KAROL: INH000018090 or its associates have received any compensation for

    investment banking or merchant banking or brokerage services from the subject company in the

    past twelve months: NO

    BUDDHI PRAKASH KAROL: INH000018090 or its associates have received any compensation for

    products or services other than investment banking or merchant banking or brokerage services from

    the subject company in the past twelve months: NO

    BUDDHI PRAKASH KAROL: INH000018090 or its associates have received any compensation or

    other benefits from the subject company or third party in connection with the research report: NO

    The research analyst has not served as an officer, director, and employee of the subject company

    BUDDHI PRAKASH KAROL: INH000018090 or its research analyst has been engaged in the

    market-making activity for the subject company: NO

    BUDDHI PRAKASH KAROL: INH000018090 or its associates have received any compensation

    from the subject company in the past twelve months: NO