Disclosures

Disclosures in accordance with Securities And Exchange Board Of India (Research Analysts) Regulations, 2014: M/s technical trends is a sole proprietorship of Sudarshan Sukhani who is a SEBI registered Research Analyst (SEBI registration no. INH100000726), provides stock market advisory services only, to our clients, through the web and mobile apps by way of charging subscription fees. Our role is limited to identifying suitable opportunities and communicating the same to clients. In any circumstances we do not manage any funds on behalf of clients, order placement or offer any other services of any nature.

We do not recommend the services of a stock broker or other intermediary to our clients and hence are not in receipt of any consideration by way of remuneration or compensation or in any other form whatsoever. The respective client has to avail the services of such intermediary of their own. We also declare that we have neither received any complaints nor any disciplinary action has been taken by regulator against the research analyst in the past twelve months. Research analyst further discloses all material information about himself including details of associates and such other information as is necessary to take an investment decision, including the following:

(i) With regard to ownership and material conflicts of interest in recommended securities:

(ii) With regard to receipt of compensation, Research analyst or his associates:

• a. Have not received any compensation from the recommended company in the past twelve months.
  b. Have not managed or co-managed public offering of securities for the recommended company in the past twelve months.
  c. Have not received any compensation for investment banking or merchant banking or brokerage services from the recommended company in the past twelve months;
  d. Have not received any other compensation for products or services from the recommended company in the past twelve months.
  e. Have not received any compensation or other benefits from the recommended company or third party in connection with this research report.
  f. The recommended company is or was a client during twelve months preceding the date of distribution of the research report.

(iii) The research analyst has not served as an officer, director or employee of the recommended company.

(iv) The research analyst has not been engaged in market making activity for the recommended company.

(v) As specified by the Board under any other regulations, all the necessary disclosures have been provided.