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Sandesh Nandode is an independent research analyst, the research work would be conducted in Equity, commodity and currency segments. Research report is a written or electronic communication that includes research analysis, research recommendation or an opinion concerning securities or public offer, providing a basis for investment decisions. The views expressed therein are based solely on information available publicly/internal data/other reliable sources believed to be true. The information is provided merely as a complementary service and do not constitute an offer, solicitation for the purchase or sale of any financial instruments, inducement, promise, guarantee, warranty, or as an official confirmation of any transactions or contract of any kind. 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The projections and forecasts described in this reports should be evaluated keeping in mind the fact that these are based on estimates and assumptions & are subject to significant uncertainties and contingencies, a) will vary from actual results and such variations may increase over a period of time, b) are not scientifically proven to guarantee certain intended results & are not published as a warranty and do not carry any evidentiary value., c) are not based on certain generally accepted accounting principles, d) are not to be relied on in contractual, legal or tax advice. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice. Reports based on technical analysis is focused on studying charts of a stock's price movement and trading volume, as opposed to focusing on a company's fundamentals and as such, may not match with a report on a company's fundamentals. 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