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VIPIN DIXENA is SEBI registered Research Entity in terms of SEBI (Research Analyst) Regulations, 2014 with SEBI Research Analyst No: INH000014076. We engage in the business of providing fundamental and technical reports including charts and other technical tools to identify market pattern aiming to provide an overview of the previous trading pattern and expectation from the future market.

“Investment in securities market are subject to market risks. Read all the related documents carefully before investing.”

The information and views in the reports, our website & all the services (“Research Information”) we provide are believed to be reliable, but we do not represent or warrant its accuracy, completeness or reliability of the information contained in our Research Information, investors and clients are advised to independently evaluate the market conditions/ risks involved, before making any trading/investment decisions.

The report / information / opinions have been prepared by us and are subject to change without any notice. 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 us. The information provided in the Report is from publicly available data, which we believe and reliable. While reasonable endeavors have been made to present reliable data in the Report so far as it relates to current and historical information, we are not guarantee the accuracy or completeness of the data in the Report. Accordingly, we or our partner’s / relatives of our partner’s shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained, views and opinions expressed in this publication.

Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. The price, value of and income from any of the securities or financial instruments mentioned in this report can fall as well as rise.

The Report also includes analysis and views of our research team. The Report is purely for information purposes and does not construe to be investment recommendation/advice or an offer or solicitation of an offer to buy/sell any securities. The opinions expressed in the Report are our current opinions as of the date of the Report and may be subject to change from time to time without notice. We or any persons connected with us do not accept any liability arising from the use of this document.

Investors should not solely rely on the information contained in this Report and must make investment decisions based on their own investment objectives, judgment, risk profile and financial position. The recipients of this Report may take professional advice before acting on this information.

As we/ our partners are presently engaged in various financial services business and so might have financial, business or other interests in other entities including the subject company/ies mentioned in this Report. However, we have encourages independence in preparation of research report and strives to minimize conflict in preparation of research report. We/ Our Partner’s and their relatives did not receive any compensation or other benefits from the subject company/ies mentioned in the Report or from a third party in connection with preparation of the Report. Accordingly, We/ Our Partner’s and their relatives do not have any material conflict of interest at the time of publication of this Report.

It is confirmed that for giving these recommendations, we have not received any compensation from the companies mentioned herein in the preceding twelve months.

We/ Our Partner’s and their relatives collectively do not own 1% or more of the actual / beneficial ownership of equity securities of the subject company/ies mentioned in the report as of the last day of the month preceding the publication of the research report.

We submit that no material disciplinary action has been taken on me by any regulatory authority impacting Equity Research activities.

By accessing, you have read, understood and agree to be legally bound by the terms of the following disclaimer and user agreement: is not responsible for any errors, omissions, representations or any links on any of our pages. does not endorse any advertisers on our web pages. Please verify the veracity of all information on your own before undertaking any alliance. This website contains articles contributed by several individuals. The views are exclusively their own and do not necessarily represent the views of the website or its management. The linked sites are not under our control and we are not responsible for the contents of any linked site or any link contained in a linked site, or any changes or updates to such sites. is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement by us of the site.

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SEBI Registered Research Analyst Registration Number: INH000014076