Legal & Compliance

Disclosures & Disclaimers

Comprehensive regulatory disclosures, risk warnings, and terms of service as mandated by the Securities and Exchange Board of India (SEBI) for Research Analysts.

1. Market Risk & Performance Warnings

Market Risk Warning: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

Possibility of Loss: Market risks may result in partial or permanent loss of investments under certain market conditions.

Past Performance Warning: Past performance is not indicative of future results. Investments are subject to market risks, and historical returns should not be relied upon as a basis for future investment decisions.

  • Illustrative Purposes Only: The securities mentioned on any social media platforms or in free groups are presented solely for illustrative purposes. They do not constitute investment advice or recommendations in any form.
  • SEBI Registration Disclaimer: Registration granted by SEBI, Enlistment with BSE, and certification from NISM do not guarantee the performance of the intermediary nor assure returns to investors.
  • Risk Associated with Open Positions: Our recommendations might include open positions without set stop-loss levels or target prices, exposing portfolios to significant losses from adverse market movements or unexpected events. Investors should recognize that the absence of predefined exit points heightens the risk of capital erosion, and it is advisable to exit securities at a 10-15% loss or profit without emotional attachment.
  • Options Trading Risk: These trades carry a high probability of total capital loss due to the leveraged and time-bound nature of derivatives. Investors must engage in Futures & Options (F&O) trading strictly in accordance with their personal risk appetite and financial capacity.

2. Entity Disclosures & Business Activity

Entity Name:
NITESHKUMAR SIDDHRAM SHENDRE
SEBI Registration No:
INH000015020
Business Activity:
NITESHKUMAR SIDDHRAM SHENDRE is engaged in the business of providing independent equity research services based on technical and fundamental analysis. The firm offers Buy / Sell / Hold recommendations and other investment opinions to clients in the form of research reports, analysis, and market commentary. All recommendations are made in good faith and based on data believed to be reliable at the time of publication.
Disciplinary History:
NITESHKUMAR SIDDHRAM SHENDRE and its associates have a clear and unblemished record. There have been no instances of disciplinary action, penalties, or sanctions levied or passed by any regulatory or administrative authorities against the proprietor or associates.

3. Ownership & Material Conflicts of Interest

In accordance with SEBI (Research Analyst) Regulations, 2014, the following disclosures are made:

  • Ownership of Securities: Neither NITESHKUMAR SIDDHRAM SHENDRE, nor its research analysts, nor their relatives or associates, hold 1% or more in the equity securities of the subject company or companies mentioned in the research reports.
  • Financial Interest: The research analyst, relatives, or associates may have direct or indirect financial interest in the subject company/companies at the time of publication.
  • Conflict of Interest: At the date of publication, the research analyst and associates do not have any material conflict of interest, whether pecuniary or otherwise, with any of the subject companies.
  • Compensation Disclosures: The entity has NOT received any compensation from the subject company, nor managed public offerings, nor received compensation for investment banking/brokerage services in the past twelve months. No market-making activity is engaged in for the subject company.
  • Analyst Disclosure: The Research Analyst has not served as an officer, director, or employee of the subject company at any point in time.

4. Scope of Services & Investor Notice

Important Notice for Investors and Traders: Please do not ask about specific investment amounts, lot sizes, or prices for securities. Follow our portfolio allocations, group calls, and exit calls or positions when target or stop-loss prices are reached. Invest according to your own risk tolerance.

Exercise Caution

While we provide research analysis and securities-specific recommendations, we do not offer:

  • (a) Portfolio management services (PMS)
  • (b) Personalized account handling
  • (c) Profit-sharing arrangements
  • (d) Investment advisory based on individual risk profiling

Investors are responsible for their own investment decisions and should seek a registered investment adviser for personalized financial planning services.

Fee Payment & Protections

  • All service fees must be paid only via our official website (www.stocknit.com) or verified bank/payment gateway channels/verified UPI.
  • We operate a Centralized Fee Collection Mechanism (CeFCoM), if applicable.
  • No Warranties on Accuracy or Results: The research analyst does not guarantee the accuracy, completeness, or reliability of any information on its platform.
  • No Claims for Losses: By the nature of investment risk, investors cannot claim compensation for any losses incurred based on the research recommendations provided. All investment decisions remain the sole responsibility of the investor.

5. Terms & Conditions of Issuance (Research Reports)

  • Purpose and Audience: The Research Report is exclusively issued to clients of NITESHKUMAR SIDDHRAM SHENDRE. Reports serve informational purposes only.
  • Basis and Reliability: Prepared using facts, figures, and information deemed true and reliable at the time of publication. The research team reviews to ensure no untrue statements of material fact exist.
  • No Offer or Solicitation: Reports provided in the public domain do not constitute an offer document and shall in no way be interpreted as a solicitation to buy, sell, or hold securities.
  • Copyright: Research reports are issued for personal use only. No part of the report may be reproduced, redistributed, or published without written authorization.

Daily closing charts of securities are available at the NSE Charting Portal and the BSE Charting Portal.

6. Securities/Stock Ratings – Definitions & Guidelines

To ensure transparency, the following terminology is used to define specific ratings or actions:

Buy
Indicates that the stock/security should be purchased within the specified price range provided. (Example: "Buy XYZ at ₹100–₹105" means strictly within that range).
Sell
Suggests that the stock/security should be sold within the specified price range mentioned.
Hold
Advises investors to retain their current holdings until a revised call is issued.
Apply
Recommends participation in specific public offers like IPOs, Buyback Offers, or Offer for Sale (OFS).
Book Profit
Indicates it is advisable to sell part or all holdings to realize existing gains.
Exit
A strong recommendation to sell all existing quantities and close the entire position.
Add / Reduce
Add: Buy additional quantity if already holding based on favourable conditions. Reduce: Partially sell based on revised outlook or market movement.

7. AI Tools, Model Portfolios & Unregulated Products

Use of AI and Algo Tools

Our recommendations are based on technical and fundamental analysis, with some use of AI and Algo Platforms. AI trading risks include system vulnerabilities, biased outputs, and strategies tailored from historical data that may fail in changing markets. There is no guarantee of success or return when acting on AI/Algo-generated recommendations. You bear the full risk of any investment decisions made.

Model Portfolio Disclaimer

Model portfolios are created purely for illustration and educational purposes (if in the public domain) and are not intended to act as specific investment advice for any individual client. Investors must exercise discretion and consult with an investment adviser before replicating any model portfolio.

Notice on Unregulated Products (Crypto, Forex)

Recommendations or insights related to Crypto assets, Forex trading, and third-party products are made outside the jurisdiction of SEBI. No recourse or protection from SEBI shall be available. The potential for capital loss is significantly high in these unregulated markets.

8. Reporting Unethical Practices & Grievance Redressal

We are committed to ethical research and transparent market practices. No third party or employee is authorized to offer return guarantees. If you engage with unauthorized persons, the company will not be liable for any resulting losses.

Grievance Redressal Mechanism

SEBI Investor Awareness & Tools

Verify registration of entities and use authentic applications. Download the SEBI apps for secure investments:

Cyber Crime Reporting