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

For any illustrations on this website, the securities quoted are for illustration only and are not recommendatory.

Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Santosh Kumar Pasi (the “Individual”) is registered with SEBI as an Individual Research Analyst vide Registration number INH000009533.

Disclosures as per SECURITIES AND EXCHANGE BOARD OF INDIA REGULATIONS (SEBI) and other regulations:

Disclosures with respect to Research and Recommendations Services

Research Analyst may have a financial interest or actual/beneficial ownership in the securities recommended in its personal portfolio. Details of the same may be referred to through the disclosures made at the time of advice.
There are no actual or potential conflicts of interest arising from any connection to or association with any issuer of products/ securities, including any material information or facts that might compromise its objectivity or independence in the carrying on of Research Analyst services. Such conflict of interest shall be disclosed to the client as and when they arise.
Research Analyst or its employee or its associates have not received any compensation from the subject company in the past 12 months.
Research Analyst or its employee or its associates have not managed or co-managed the public offering of Subject Company in the past 12 months.
Research Analyst or its employee or its associates have received any compensation for investment banking or merchant banking or brokerage services from the subject company in the past 12 months.
Research Analyst or its employee or its associates have not received any compensation for products or services other than above from the subject company in the past 12 months.
Research Analyst or its employee or its associates have not received any compensation or other benefits from the Subject Company or 3rd party in connection with the research report/ recommendation.
The subject company was not a client of the Research Analyst or its employee or its associates during twelve months preceding the date of distribution of the research report and recommendation services provided.
Research Analysts or its employee or its associates has not served as an officer, director or employee of the subject company.
Research Analysts has not been engaged in market-making activity of the subject company

Disclaimers as per SECURITIES AND EXCHANGE BOARD OF INDIA REGULATIONS (SEBI) and other regulations:

Disclaimers with respect to Research and Recommendations Services

Research Analyst shall not be liable for any misrepresentation, falsification, and deception or for any lack of availability of services through the website, even if the same are advertised for, on the website.
In compliance to SEBI (Research Analyst) Regulation 2014, all our Research Analysts are certified by the National Institute of Securities Market (NISM).
The track record of the services offered by Research Analyst is published on a day+1 basis to its websites, i.e. www.scoutstack.co.in.
Research Analyst categorically states that different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy (including those undertaken or recommended by the Research Analyst), will be profitable or equal any historical performance level(s).
The website contains features of the services that are currently being offered by Research Analyst and those intended to be offered in the future. Research Analyst intends to launch the services, confirming with the features listed on the website in total, however, due to business need and regulatory requirement the final launch may contain variables. Notwithstanding anything contained in the website regarding the services, Research Analyst may decide to postpone the offering of the services or may even decide to withdraw the offering or even a currently offered service altogether.

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Investments in securities are subject to market risks, which include price fluctuation risk. There is no assurance or guarantee that the objectives of any of the products mentioned in this document or on this site will be achieved.

As a business, we offer stock recommendations based on technical research ONLY to our subscribers. We have not authorized any organization or firm to represent us and offer stock recommendations on our behalf.
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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and on sources that we consider reliable. We, however, do not vouch for the consistency or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred due to it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.
Research Analyst does not purport to be an invitation or an offer to buy or sell any financial instrument. Analyst or any person related to Research Analyst might be holding positions in the stocks recommended.
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Research Analyst in has taken due care and caution in compilation of data for its web site. The views and investment tips expressed by analyst on www.scoutstack.co.in are their own, and not that of the website or its management. However, Research Analyst does not guarantee the consistency, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. www.scoutstack.co.in especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.
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This website contains material in the form of inputs submitted by users and Research Analyst accepts no responsibility for the content or consistency of such content nor does Research Analyst make any representations by virtue of the contents of this website in respect of the existence or availability of any goods and services advertised in the contributory sections. Research Analyst makes no warranty that the contents of the website are free from infection by viruses or anything else which has contaminating or destructive properties and shall have no liability in respect thereof.
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Stock trading is inherently risky and you agree to assume complete and full responsibility for the outcomes of all trading decisions that you make. All comments and posts made by Research Analyst is for information purposes only and under no circumstances should be used for actual trading. Under no circumstances should any person at this site make trading decisions based solely on the information discussed herein. We are qualified research analyst and we provide all the market based information to keep our clients informed about the real time changes happening in financial market, complete information provided by us consist of factual information which help you to understand the movement of market through the investment advice we provide. It is completely informative in nature.
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Research Analyst, its management, its associate companies and/or their employees take no responsibility for the veracity, validity and the correctness of the expert recommendations or other information or research. Although we attempt to research thoroughly on information provided herein, there are no guarantees in consistency. The information presented on the site has been gathered from various sources believed to be providing correct information. Research Analyst, group, companies, associates and/or employees are not responsible for errors, inaccuracies if any in the content provided on the site.
Research Analyst does not represent or endorse the consistency or reliability of any of the information, conversation, or content contained on, distributed through, or linked, downloaded or accessed from any of the services contained on this website (hereinafter, the "Service"), nor the quality of any products, information or other materials displayed, purchased, or obtained by you as a result of any other information or offer by or in connection with the service.
Research Analyst, its associate companies and/or their employees take no responsibility for the veracity, validity and the correctness of the expert recommendations or other information or research. Although we attempt to research thoroughly on information provided herein, there are no guarantees in consistency. The information presented on the site has been gathered from various sources believed to be providing correct information. Research Analyst, associates and/or employees are not responsible for errors, inaccuracies if any in the content provided on the site.
Research Analyst has license to provide Research and Recommendations Services. No materials in the website, either on behalf of Research Analyst or any site host, or any participant in Research Analyst or any of its associated sites should be taken as recommendation directly, indirectly, implicitly, or in any manner whatsoever, including but not limited to trading of stocks on a short term or long term basis, or trading of any financial instruments whatsoever. Past Performance Is Not an Indicator of Future Returns. All the analyst commentary provided on the website is provided for information purposes only. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on the website is governed by these Terms and Conditions of Use. This material is based upon information that we consider reliable, but we do not represent that it is consistent or complete, and that it should be relied upon, as such. You should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. By using the website including any software and content contained therein, you agree that use of the Service is entirely at your own risk. Research Analyst is a registered research analyst. You understand and acknowledge that there is a very high degree of risk involved in trading securities. Past results of any trader published on this website are not an indicator of future returns by that trader, and are not an indicator of future returns which be realized by you. Any information, opinions, advice or offers posted by any person or entity logged in to the website or any of its associated sites is to be construed as public conversation only. Research Analyst makes no warranties and gives no assurances regarding the truth, timeliness, reliability, or good faith of any material posted on the website. The website does not warranties that trading methods or systems presented in their services or the information herein, or obtained from advertisers or members will result in profits or losses.

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Disclaimer for articles/blog:

We have worked hard, done our research properly and written the articles in this blog/website out of our years of experiences as a trader and also using knowledge we got from formal education, trading groups, reading several books, websites, forums, eBooks, online journals etc. However please understand that stock (including derivatives) market investments are subject to market risks. So please do your own research before investing in any stock (including derivatives) or trying any strategy/trade written in this website. We are trying our best to educate option traders in India and we are sure you'll find this site helpful.

Disclaimer for Training/Workshop:

Information in this blog/site is for educational purposes only and is not a tip/recommendation to trade (buy or sell) or sort of advisory services. Please consult your financial adviser before taking any financial decision.

Futures and Option trading contains substantial risk and is not suitable for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only consider risk capital that should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

All trades, patterns, charts, systems, etc., discussed in this website or advertisement are for illustrative purposes only and not construed as specific advisory recommendations. All ideas and materials presented herein are for information and educational purposes only. No system or trading methodology has ever been developed that can guarantee profits or prevent losses.

The testimonials and examples used herein are exceptional results which do not apply to average people and are not intended to represent or guarantee that anyone will achieve the same or similar results.

Trades placed on the reliance of our systems/tools are taken at your own risk for your own account.

This disclosures/disclaimer may be updated as and when required at our own wish without any notification.