Institutional research.
Intraday precision.
Data-driven trade calls across Stock Cash, Stock Futures, Stock Options, Index Options and Index Futures — with transparent, auditable research. Every entry, target and stop-loss published in real time. Past performance is not indicative of future results. Performance data available on specific request, certified by CA as per SEBI Oct 2025 circular.
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wherever you are.
All your research calls, live alerts, P&L tracking and market data — now in your pocket. Built for the modern intraday trader who can't afford to miss a move.
| Segment | Exchange | Type | Calls / Month |
|---|---|---|---|
| Stock Cash | NSE/BSE | Intraday | 20–30 |
| Stock Futures | NSE | Intraday | 10–15 |
| Stock Options | NSE | Intraday | 8–12 |
| Index Options | NSE | Intraday | 15–20 |
| Index Futures | NSE | Intraday | 10–15 |
| Commodity | MCX | Intraday | 15–20 |
Large and mid-cap intraday calls. Entry, target and SL on every recommendation.
Directional futures setups on individual stocks. Defined entry, target and stop-loss.
Premium-buying strategies on individual stock options with defined maximum risk.
BankNifty and Nifty CE/PE calls — high R:R premium-buying setups.
Directional futures on BankNifty and Nifty. Positional and intraday setups.
- Equity intraday calls
- Entry, target & SL
- WhatsApp alerts
- Member dashboard
- All equity calls
- F&O setups
- Index options calls
- Priority alerts
- Account manager
- F&O intraday setups
- Weekly expiry strat.
- Entry, target & SL
- WhatsApp alerts
- All 5 segments
- Index Futures & Options
- 1-on-1 sessions
- Priority support
Global cues, SGX Nifty, OI data and technicals reviewed from 7:30 AM daily.
Min 1.5 R:R ratio required. Entry, target and SL defined before publishing.
Calls pushed to dashboard and WhatsApp simultaneously with real-time updates.
Every exit recorded — P&L, return %, timeline. No results amended or hidden.
"ScoutStack ka BANKNIFTY Options research bahut structured hai. Har call mein Entry, Target aur Stop Loss clearly hota hai — risk management ka ek proper system hai. Analyst ka rationale explain karna mujhe bahut pasand hai."
"SEBI registration aur proper compliance dekh ke trust aaya. Stock Cash segment ki research quality bahut detailed hai — entry, SL, target sab clearly defined hota hai. Stop loss discipline sikhna sabse valuable raha."
"Market Master combo mein sab 5 equity segments cover hote hain. Research rationale har call ke saath milta hai jo samajhne mein help karta hai. Compliance transparency aur SEBI-compliant approach mujhe reassure karti hai."
"Free trial se start kiya — research quality bahut strong lagi. Stop loss discipline jo yahan follow hoti hai usse mera trading approach bahut improve hua. Har call ka proper rationale milna ek bahut badi baat hai."
"Bhopal ka SEBI-registered RA — yeh khud mein ek badi baat hai. Research detailed aur structured hai. Arjun AI Hindi mein explain karta hai jo bahut helpful hai. Compliance ka level dekhke trust bana."
"Ultimate Trader plan mein equity aur commodity dono cover hote hain. Research ka structure — entry zone, SL, target — clearly defined rehta hai. SEBI registration verify karke hi subscribe kiya tha, koi risk nahi liya."
ANALYST CERTIFICATION [Reg. 22]: The views expressed in research calls accurately reflect the personal views of the Research Analyst. No part of compensation was, is, or will be directly or indirectly related to specific recommendations expressed herein.
TRADING RESTRICTION [Reg. 25]: ScoutStack Research Analyst(s) and their immediate relatives do not hold any financial interest, beneficial ownership, or trading positions in the securities mentioned herein as required under SEBI (Research Analysts) Regulations, 2014.
| # | Reco Date & Time | Symbol | Seg | Entry | Exit | P&L | Return% | Duration | Status |
|---|---|---|---|---|---|---|---|---|---|
| 01 | 18 Mar 2026 08:49 AM | RELIANCE | EQ | ₹2,945 | ₹3,012 | +₹6,700 | +2.28% | 47m | HIT |
| 02 | 17 Mar 2026 09:28 AM | INFY | EQ | ₹1,530 | ₹1,553 | +₹2,340 | +1.50% | 1h 6m | HIT |
| 03 | 18 Mar 2026 08:22 AM | HDFCBANK | EQ | ₹1,690 | ₹1,672 | −₹820 | −1.07% | 19m | SL |
| 04 | 17 Mar 2026 11:40 AM | BANKNIFTY | F&O | 47,820 | 48,310 | +₹4,900 | +3.26% | 2h 10m | HIT |
| 05 | 18 Mar 2026 10:30 AM | TATAMOTORS | EQ | ₹768 | ₹792 | +₹2,400 | +3.13% | 58m | HIT |
| 06 | 17 Mar 2026 10:05 AM | NIFTY CE | IDX | ₹185 | ₹240 | +₹5,500 | +29.7% | 3h 22m | HIT |
| 07 | 17 Mar 2026 09:10 AM | NIFTY FUT | IDX FUT | 22,450 | 22,680 | +₹5,750 | +1.02% | 3h 20m | HIT |
Our flagship segment. Breakout and momentum trades on high-volume individual stocks. Every call includes defined entry, two target levels and a strict stop-loss.
Leveraged directional setups on high-liquidity stock futures. Captures amplified moves with defined risk. Entry, target and SL on every recommendation.
CE/PE premium-buying on individual stock options. Maximum loss is limited to premium paid. High R:R structured setups with defined exit discipline.
CE/PE premium-buying on BankNifty and Nifty50. High R:R setups — maximum risk defined upfront. Structured 1–3 day holds, no expiry-day scalping.
Directional index futures calls on BankNifty and Nifty50. Clear entry, target and SL every time. For intraday and short-term positional traders comfortable with leverage.
- ›Exchange: NSE & BSE
- ›5 sub-segments
- ›Entry · 2 targets · SL on every call
- ›Intraday & positional setups
- ›SEBI Reg. INH000006086
Safe-haven and inflation-driven trades on Gold and Silver futures. Calls anchored to global macro triggers — US Fed decisions, CPI data, USD index moves and geopolitical risk. High liquidity with clear technical levels.
Industrial metal plays driven by China PMI, LME price action and global demand cycles. Copper and Zinc lead the sector. Setups technically confirmed with macro overlay.
High-volatility plays on Crude Oil and Natural Gas. Calls timed around OPEC decisions, EIA inventory data, USD movement and seasonal demand patterns. For experienced traders.
| Plan / Segment | Daily Calls | Risk Level | Min. Capital | Support | Price/Mo |
|---|---|---|---|---|---|
| Equity Segment — NSE & BSE | |||||
| Index Options POPULAR | 1–3 | HIGH | ₹50,000 | WhatsApp + App | ₹799 |
| Stock Cash | 2–4 | MEDIUM | ₹25,000 | WhatsApp + App | ₹699 |
| Stock Futures | 1–2 | HIGH | ₹1,00,000 | WhatsApp + App | ₹799 |
| Stock Options | 1–2 | HIGH | ₹75,000 | WhatsApp + App | ₹799 |
| Index Futures | 1–2 | HIGH | ₹1,00,000 | WhatsApp + App | ₹799 |
| Commodity Segment — MCX | |||||
| Bullions (Gold/Silver) | 1–2 | MEDIUM | ₹50,000 | WhatsApp + App | ₹699 |
| Base Metals | 1–3 | MEDIUM | ₹30,000 | WhatsApp + App | ₹699 |
| Energy (Crude/NG) | 1–2 | HIGH | ₹40,000 | WhatsApp + App | ₹699 |
| Combo Packs | |||||
| Intraday Pro (Any 2 segs) | 2–6 | Varies | Per selection | WhatsApp + App | ₹1,299 |
| Market Master BEST VALUE | 5–13 | HIGH | ₹2,00,000 | WA + App + RM | ₹2,799 |
| Ultimate Trader (All 8 segs) | 7–18 | HIGH | ₹3,00,000 | WA + App + RM + Call | ₹3,999 |
ScoutStack Technical Research has been SEBI-registered since 2 July 2018 with a single mission: to give retail traders the same quality of research that institutional desks use, without the jargon, without the noise, and with complete transparency. We are SEBI Registered (INH000006086) and certified by NISM.
| Report ID | Published | Title | Stocks | Targets Hit | Avg Return | Status | Buy |
|---|---|---|---|---|---|---|---|
| REP-045 | 14 Mar · 09:00 | Banking Sector — Rate Cut Plays | HDFCBANK · ICICIBANK · AXISBANK | 2 / 3 | +2.8% | Closed | ₹249 → |
| REP-044 | 13 Mar · 10:30 | Auto Sector — EV Momentum | TATAMOTORS · M&M · MARUTI | 3 / 3 | +3.4% | Closed | ₹499 → |
| REP-043 | 12 Mar · 08:45 | Pharma Sector — US FDA Plays | SUNPHARMA · DRREDDY · CIPLA | 1 / 3 | −0.4% | Closed | ₹199 → |
| REP-041 | 10 Mar · 11:00 | Nifty50 — Budget Rally Plays | SBIN · POWERGRID · NTPC · COALINDIA | 3 / 4 | +1.9% | Closed | ₹349 → |
Nifty closed the previous week at 22,847 — up 0.62% — forming a bullish engulfing on the weekly chart. The index has reclaimed the crucial 22,800 support zone after two weeks of consolidation. India VIX at 13.82 suggests complacency — excellent environment for options buyers.
Key levels this week: Immediate resistance at 23,100 (gap fill zone + 52-week high cluster). Strong support at 22,550 (50-EMA on daily). A breakout above 23,100 can lead to 23,400–23,600. On the downside, breach of 22,550 opens 22,200.
BankNifty at 48,640 is showing relative strength vs Nifty. HDFC Bank and ICICI Bank are driving the move. The 48,000–48,200 zone is strong support after the recent breakout. Target for the week: 49,200–49,500. Put OI concentration at 47,500 provides a floor. Watch for RBI commentary mid-week.
| Resistance 2 | 23,400 |
| Resistance 1 | 23,100 |
| ⬤ CMP | 22,847 |
| Support 1 | 22,550 |
| Support 2 | 22,200 |
| Resistance | 49,500 |
| ⬤ CMP | 48,640 |
| Support | 48,000 |
| Week | Published | Nifty Bias | BankNifty Bias | Key Theme | Accuracy |
|---|---|---|---|---|---|
| 10–14 Mar 2026 | Mon 10 Mar · 08:00 | ● Bullish | ● Bullish | Budget Rally Continuation | ✓ Accurate |
| 3–7 Mar 2026 | Mon 03 Mar · 08:00 | ● Neutral | ● Bullish | Pre-Budget Consolidation | ✓ Accurate |
| 24–28 Feb 2026 | Mon 24 Feb · 08:00 | ● Caution | ● Bearish | Global Selloff — FII Exit | ✓ Accurate |
| 17–21 Feb 2026 | Mon 17 Feb · 08:00 | ● Bullish | ● Neutral | IT Sector Earnings Play | ~ Partial |
We are for anyone who trades or invests in the Indian stock market — whether you are a complete beginner starting your first trade, or an experienced trader looking for a systematic, rules-based approach. You do not need to be an expert to follow our calls. Our recommendations come with clear instructions.
• Entry Price — The price at which you should buy • Target 1 & Target 2 — The price at which to book profit • Stop Loss (SL) — The price at which to exit if trade goes against you (to protect your capital) • Risk:Reward Ratio — How much you can gain vs how much you risk (e.g. 1:2 means risk ₹1 to potentially earn ₹2)
You receive the call on WhatsApp and the mobile app instantly. You then log into your broker app (Zerodha, Groww, Upstox etc.), find the stock, and place a buy order at the recommended entry price.
Example: If we recommend buying RELIANCE at ₹2,945 with SL at ₹2,900 — it means if RELIANCE falls to ₹2,900, you exit immediately and accept a small loss rather than holding and losing more.
Golden Rule: ALWAYS place your Stop Loss when you enter a trade. Never skip the SL. Our research shows that traders who follow SL discipline consistently are profitable in the long run, even with a win rate of 60–70%.
• Stock Cash (NSE/BSE): Minimum ₹25,000 recommended — you buy actual shares • Index Options (BankNifty/Nifty CE/PE): Minimum ₹50,000 — 1 lot of BankNifty = 15 units • Stock Futures: Minimum ₹1,00,000 — futures require SPAN + Exposure margin • Index Futures: Minimum ₹1,00,000 — Nifty lot = 25 units
Important: Never invest money you cannot afford to lose. Start with Stock Cash if you are new — it is the lowest risk segment. Do not invest borrowed money or emergency savings.
Any SEBI-registered broker works. Popular choices in India: • Zerodha — Best for beginners, low brokerage, excellent app (Kite) • Groww — Simple interface, good for beginners • Upstox — Low cost, fast execution • Angel One, ICICI Direct, HDFC Securities — Full-service options
Account opening takes 24–48 hours. You need PAN Card, Aadhaar, Bank account.
ScoutStack provides research and analysis based on technical indicators, chart patterns, volume data, OI analysis and market conditions. Our historical win rate is 78% (CA-certified, past data) — but past performance is not indicative of future results.
Every trade has market risk. Stop losses exist precisely because not every call wins. Our approach is based on managing risk so that your winning trades earn significantly more than your losing trades (positive Risk:Reward ratio).
Positional calls — These are held for 2–15 days. You buy today and target gets hit over the next few days or weeks. Better for people who cannot watch the market all day. Generally lower risk than intraday due to more time for the trade to develop.
ScoutStack publishes both types across different segments. The call will clearly mention whether it is intraday or positional.
• Price Action Analysis — Support/resistance, breakout patterns, candlestick patterns • Volume Analysis — Volume confirmation on breakouts, delivery % data • Open Interest (OI) Analysis — Put-Call ratio, OI buildup/unwinding for F&O calls • VWAP & Moving Averages — 20-EMA, 50-EMA, 200-EMA on multiple timeframes • Sector Rotation — Identifying sector momentum using relative strength • Market Breadth — Advance-Decline ratio, India VIX levels before publishing F&O calls • News & Events Filter — Avoiding high-impact events (RBI policy, Budget, FOMC) unless specifically playing the event
All calls are reviewed by NISM-certified analysts before publication.
• Stock Cash: avg 1:2.1 (conservative, lower volatility) • Index Options: avg 1:2.8 (higher premium leverage) • Stock Futures: avg 1:1.9 • Index Futures: avg 1:2.2
This means for every ₹1 risked (SL distance × qty), the average target gain is ₹2.4 — giving us a positive expectancy even if win rate drops to 55%.
• ATM ± 1 strike preference for high delta, responsive premium movement • OI concentration — we avoid strikes with extreme OI (max pain manipulation risk) • IV (Implied Volatility) — we check India VIX before publishing. Avoid buying options when VIX >18 (expensive premiums) • Expiry preference — Weekly expiry calls are marked clearly. We prefer 4–8 DTE (days to expiry) for most calls to balance theta and delta • Premium entry — Calls clearly state the premium price range for entry, not just the stock price
We publish maximum 2–3 option calls per day to avoid over-trading and capital dilution.
Formula: Position Size = (Capital × Risk%) ÷ (Entry − Stop Loss)
Example: Capital ₹5,00,000. Risk 1% = ₹5,000. Entry ₹785, SL ₹770 (₹15 risk per share). Qty = ₹5,000 ÷ ₹15 = 333 shares
This way, even if SL is hit, you lose only ₹5,000 (1% of capital). Never risk more than 2% on a single trade. For F&O, risk is measured by premium paid — never deploy more than 5% of capital in options in a single day.
Never go all-in on a single call regardless of confidence level.
• Technical setup with price action patterns and support/resistance zones • Entry range, Target 1, Target 2, Stop Loss for each stock covered • Sector macro overview and sector rotation analysis • Risk parameters and recommended position sizing • Live tracking — all stocks in the report are tracked until closed • Post-trade performance summary with CA-certified data
Reports are sold individually (₹199–₹349 per report) and are separate from subscription plans. Subscribers get access to real-time status updates for all stocks in purchased reports.
• Reco Date & Time — Exact timestamp of call publication (important for dispute resolution) • Entry / Target / SL — As published at time of recommendation • Exit Price — Actual closing price when target or SL was hit • P&L — Indicative, based on recommended entry and exit (actual P&L varies by your execution) • Duration — How long the trade took to close • Status — T1 Hit / T2 Hit / SL Hit / Live / Expired
Export as CSV for your own P&L analysis using the Export button.
• All research calls for your selected segment(s) • WhatsApp alerts (real-time delivery) • Mobile app access • Member dashboard — live calls, performance tracker, call history • Research reports access (trial viewing — purchase required to act) • Arjun AI support
After 7 days, you choose to subscribe or your access pauses. No auto-debit without your explicit consent.
₹1,51,000 per annum per family (for Individual / HUF clients)
All ScoutStack plans are well within this limit: • Individual segment: ₹699–₹799/mo = max ₹9,588/year • Ultimate Trader (all 8 segments): ₹3,999/mo = ₹47,988/year
Advance fees accepted are maximum one quarter (3 months) in advance. Cash payments are strictly prohibited by SEBI. Accepted modes: UPI, NEFT/RTGS, Cheque, CeFCoM (BSE platform).
Refund: Pro-rata refund for unused days. If you subscribed for 1 month (30 days) at ₹799 and cancel after 10 days, you receive ₹799 × (20/30) = ₹533 back.
Segment change: You can add or remove segments anytime from your dashboard. Pricing adjusts automatically.
To cancel or change, email support@scoutstack.in or call +91-8827979008. As per SEBI guidelines, refund is processed within 7 working days.
Bundle Builder — Add any 2+ individual segments: 10% off for 2, 15% off for 3, 20% off for 4+.
Combo Packs (pre-built): • Intraday Pro — Any 2 segments — ₹1,299/mo (~10% off) • Market Master — All 5 Equity segments — ₹2,799/mo (~30% off vs individual ₹3,995) • Ultimate Trader — All 8 segments (Equity + Commodity) — ₹3,999/mo (~30% off vs ₹6,092)
Combo packs offer maximum savings if you trade multiple segments.
• Registration Number: INH000006086 • Type: Research Analyst (Individual/Proprietorship) • RAASB: BSE Limited • Certification: NISM Series-XV (Research Analyst)
To verify independently, visit: sebi.gov.in → Intermediaries → Research Analyst and search for INH000006086. You can also verify on the BSE RAASB portal.
• ScoutStack cannot charge more than ₹1,51,000/year per family (SEBI fee cap) • Cannot accept cash payments • Must disclose conflicts of interest • Cannot guarantee returns or make misleading profit claims • Must maintain 5-year records of all communications and recommendations • Subject to SEBI inspection and audit • You can file complaints with SEBI SCORES (scores.sebi.gov.in), SmartODR, or RAASB if dissatisfied
This regulatory framework gives you legal recourse that unregistered "tipsters" on Telegram/WhatsApp cannot provide.
Step 1: Email compliance@scoutstack.in — we resolve within 7 business days Step 2: If unresolved — SEBI SCORES portal: scores.sebi.gov.in Step 3: Online Dispute Resolution — SmartODR: smartodr.in Step 4: RAASB (BSE Limited) — our Self-Regulatory Organisation Step 5: SEBI Bhavan, Plot No. C4-A, G Block, Bandra Kurla Complex, Mumbai — 400 051
For urgent matters: Call +91-8827979008 during market hours (9 AM – 4 PM, Mon–Fri).
We are legally prohibited by SEBI from: • Holding or managing client funds • Executing trades on behalf of clients • Giving personalised investment advice for specific clients • Earning commissions from brokers for routing client orders
Your money stays in your own Demat and bank account at all times. We only publish research — you decide whether to act on it. Anyone claiming to "manage your portfolio" while being a "SEBI RA" is misrepresenting themselves.
• Member Dashboard — Live, real-time • Mobile App Push Notification — Under 30 seconds • WhatsApp — Under 60 seconds (WhatsApp Business API delivery)
Important: Intraday calls are time-sensitive. If you receive an alert but the market has moved significantly beyond the entry range, wait for a retest of the entry zone rather than chasing the price. Our recommendations come with an entry range — not a single price point.
If a stock has already moved 1–2% beyond our recommended entry, the risk:reward ratio has changed significantly and the trade setup is no longer valid.
What to do if you miss a call: • Wait for retest — Many times, price comes back to test the entry zone. If it does and the setup is still intact, you may enter • Skip it — There will always be another call. Missing one trade is better than entering at the wrong price • Check with Arjun AI — Our AI support can tell you the current status of the call and whether entry is still valid
New calls are published every market day — multiple opportunities always exist.
Beware of fraud and impersonation — a serious problem in the SEBI RA space:
• ScoutStack will never add you to unofficial Telegram or WhatsApp groups • We will never ask for money via UPI to personal numbers • All payment requests come only from official emails: support@scoutstack.in • Our calls are delivered on the official member dashboard — always verify there • If you receive a message claiming to be ScoutStack from any other number, report it immediately
If you suspect impersonation, call us at +91-8827979008 or email compliance@scoutstack.in immediately. We track and report all impersonation cases to SEBI and cybercrime authorities.
• Explaining our subscription plans and pricing • Clarifying the status of a live call • Explaining technical terms (Stop Loss, R:R ratio, OI etc.) • Guiding you through the grievance process • SEBI registration verification details • General trading education queries
Arjun speaks Hindi, English, and Hinglish — type in whatever language is comfortable. For urgent account or billing matters, WhatsApp or email our human support team.
| Registered Name | ScoutStack Technical Research |
| Type | Individual Research Analyst |
| SEBI Registration Number | INH000006086 |
| Registration Date | 2 July 2018 |
| Registered with / Supervised by | BSE Limited (Research Analyst Administration & Supervisory Body — RAASB) |
| Registration Validity | Perpetual (per SEBI Amendment 2021) |
| Registered Address | Plot No. 83, Shrinivas Tower, M.P. Nagar Zone II, Bhopal, Madhya Pradesh — 462012, India |
| Phone | +91-8827979008 |
| compliance@scoutstack.in | |
| NISM Certification | Active — NISM Series XV: Research Analyst Certification |
| Segments Covered | Stock Cash · Stock Futures · Stock Options · Index Options · Index Futures · Bullions · Base Metals · Energy |
| Exchanges | NSE · BSE (Equity) · MCX (Commodity) |
| Client Funds / Portfolio Mgmt | NEVER — Research recommendations only. RA cannot execute trades on behalf of clients. |
| Model Portfolio Services | Not offered currently |
| Distribution Services | None. No distribution of financial products. |
| Deposit with Scheduled Bank (Reg. 15B) | Maintained — Lien in favour of RAASB (BSE Limited). Deposit level as per client count per Third Amendment Dec 2024. |
| PaRRVA Enrollment | ⧖ In progress — PaRRVA launched Dec 8, 2025; enrollment within 3 months per SEBI interim framework (Oct 30, 2025) |
| Social Media Disclosure (Feb 2026 Circular) | ⧖ Due by May 1, 2026 — SEBI registration number and name to appear on all social media handles and at start of every securities-related video |
| Verify Registration on SEBI Website | sebi.gov.in — Registered Research Analysts List |
| SEBI SCORES Portal | scores.sebi.gov.in |
| SMART ODR (Online Dispute Resolution) | smartodr.in |
1. No Trade Execution (SEBI-Prescribed Exact Wording): “The terms and conditions and the consent thereon are for the research services provided by the Research Analyst (RA) and RA cannot execute / carry out any trade (purchase / sell transaction) on behalf of the client. Thus, you are advised not to permit RA to execute any trade on your behalf.”
2. Fee Cap (Individual / HUF Clients): Fees charged are subject to the maximum of ₹1,51,000 per annum per family of client for all research services, as prescribed by SEBI / RAASB. This limit does not include statutory charges and shall be revised once every 3 years based on the Cost Inflation Index (CII). This limit is subject to revision every 3 years based on the Cost Inflation Index (CII). No fee cap applies to non-individual, accredited investor, or institutional clients.
3. No Guaranteed Returns: Assured / guaranteed / fixed return schemes of any nature are strictly prohibited by law. ScoutStack does not guarantee profits, accuracy, or risk-free returns. All research opinions are based on publicly available data and assumptions at the time of publication.
4. Cash Payments Prohibited: Fees must be paid only via cheque, online bank transfer, NEFT/RTGS/IMPS, or UPI. No cash payments are accepted. You may optionally pay via the Centralised Fee Collection Mechanism (CeFCoM) managed by BSE Limited (RAASB).
5. Advance Fee Limit: Advance fee, if collected, shall not exceed one quarter's fees. In case of early termination, a pro-rata refund of fees for the unexpired period shall be provided. No breakage fee shall be charged.
6. No Sharing of Credentials: ScoutStack will never ask for your Trading Account, Demat Account, or Bank Account login credentials, OTPs, or passwords. Never share these with anyone.
7. SEBI / RAASB Compliance: The RA abides by SEBI Act, SEBI (Research Analysts) Regulations 2014, applicable circulars and directions of SEBI and RAASB from time to time.
8. KYC: Clients must provide all KYC details. RA shall collect, store and upload KYC records with the KYC Registration Agency (KRA) as specified by SEBI.
9. Conflict of Interest: RA shall disclose and mitigate any actual or potential conflict of interest as required under applicable regulations. Clients will be promptly informed of any conflict that may affect services.
| Max Fee — Individual / HUF | ₹1,51,000 per annum per family — SEBI / RAASB prescribed ceiling (excl. statutory charges; revised every 3 years per CII) |
| Max Fee — Non-Individual / Institutional | No cap — as per bilaterally agreed contract |
| Advance Fee Collection | Maximum one quarter's fees in advance |
| Refund Policy | Pro-rata refund for unexpired period. No breakage fee. |
| Permitted Payment Modes | Cheque · NEFT / RTGS / IMPS · UPI · CeFCoM |
| Cash Payments | Strictly Prohibited |
| CeFCoM (Centralised Fee Collection) | Optional — Centralized Fee Collection Mechanism managed by BSE Limited (RAASB). Clients may choose to pay fees via CeFCoM. |
Email: compliance@scoutstack.in
Phone: +91-8827979008
Write to: Plot No. 83, Shrinivas Tower, M.P. Nagar Zone II, Bhopal, Madhya Pradesh — 462012, India
We will acknowledge within 1 business day and resolve within 21 calendar days (per Reg. 22A).
scores.sebi.gov.in
SCORES 2.0 is SEBI's web-based grievance redressal system with two-level review. Download the SEBI SCORES mobile app for tracking.
smartodr.in
Physical complaints: Office of Investor Assistance & Education, SEBI Bhavan, Plot No. C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (E), Mumbai — 400 051.
| RAASB Name | BSE Limited (designated as RAASB by SEBI) |
| Complaints to RAASB | bseindia.com — Research Analyst section |
| CeFCoM (Fee Payment) | Managed by BSE Limited — optional centralized fee collection for RA clients |
- Vision: Every investor should be able to invest in the right securities based on their needs, supported by independent and unbiased research.
- Mission: Invest with knowledge & safety. To provide independent, unbiased, transparent research recommendations to help investors make informed decisions in the securities market.
- Publishing research reports based on technical analysis of publicly available data.
- Providing buy/sell/hold recommendations with defined entry, target and stop-loss levels.
- Intraday, positional and swing trade research across Stock Cash, Stock Futures, Stock Options, Index Options and Index Futures — Equity Segment (NSE/BSE) and Commodity Segment (MCX — Bullions, Base Metals, Energy).
- Research is for informational purposes only. RA does not manage portfolios or execute trades.
- To provide independent, unbiased research recommendations based on publicly available information.
- To disclose all material conflicts of interest in recommended securities.
- To disclose the extent of AI tools used in research (Regulation 19(vii)).
- To treat all clients fairly and without discrimination in report distribution.
- To maintain confidentiality of research reports until publicly available.
- To respect client data privacy and prevent unauthorised use.
- To disclose service timelines and adhere to them.
- To provide caution notices when recommending complex / high-risk products.
- To conduct annual compliance audits and publish findings on website.
- To maintain records for a minimum of 5 years as required by SEBI.
- Right to privacy, confidentiality and fair treatment.
- Right to timely, transparent and unbiased research recommendations.
- Right to receive initial and continuing disclosures on statutory / regulatory matters.
- Right to grievance redressal via multiple mechanisms within prescribed timelines.
- Right to Exit from research services / financial product or service in accordance with the terms and conditions agreed with the Research Analyst.
- Right to protection from misleading or coercive clauses in agreements.
- Right to clear guidance and caution notice for complex / high-risk products.
- Right to verify RA registration on SEBI website.
- Additional rights for vulnerable investors (elderly / differently abled).
- Right to provide feedback on research services.
- Always deal with a SEBI-registered Research Analyst only.
- Ensure the RA has a valid registration certificate — check SEBI website.
- Check SEBI registration number before subscribing.
- Pay RA fees through banking channels only (cheque, NEFT, IMPS, UPI). You may optionally use CeFCoM.
- Maintain duly signed receipts mentioning details of your payments.
- Read all disclosures and research reports carefully before investing.
- Ask all relevant questions and clear doubts before acting on recommendations.
- Seek clarification for complex and high-risk products/services.
- Keep your contact details (email, mobile) updated with the RA at all times.
- Inform SEBI if an RA offers assured or guaranteed returns.
- Do not provide funds for investment to the Research Analyst.
- Do not fall prey to luring advertisements or market rumours.
- Do not get attracted to limited period discounts, gifts, or other incentives offered by RA.
- Do not share login credentials, passwords, or OTPs of your Trading, Demat, or Bank accounts with RA.
- Do not act on unsolicited tips, promises of guaranteed returns, or limited-time offers.
- Do not permit the RA to execute any trade on your behalf.
- Do not make cash payments to the RA.
- Do not ignore risk warnings and disclaimers in research reports.
- Step 1: Contact ScoutStack directly at compliance@scoutstack.in — acknowledge within 1 business day, resolve within 30 calendar days. If unresolved within 21 calendar days, you may escalate to SEBI SCORES directly (Reg. 22A).
- Step 2: SEBI SCORES 2.0 — scores.sebi.gov.in (SEBI's centralized grievance platform with two-level review).
- Step 3: SMART ODR — smartodr.in (online conciliation / arbitration).
- Physical: Office of Investor Assistance & Education, SEBI Bhavan, Plot C4-A, 'G' Block, BKC, Bandra (E), Mumbai — 400 051.
| Complaint Source | Pending (1 Feb) | Received | Resolved | Pending (28 Feb) | Pending > 3 Months | Avg Resolution (Days) |
|---|---|---|---|---|---|---|
| Direct to RA | 0 | 0 | 0 | 0 | 0 | — |
| SEBI SCORES 2.0 | 0 | 0 | 0 | 0 | 0 | — |
| SmartODR / RAASB | 0 | 0 | 0 | 0 | 0 | — |
| Impersonation Cases | 0 | 0 | 0 | 0 | 0 | — |
| Total | 0 | 0 | 0 | 0 | 0 | — |
| Month | Pending (Start) | Received | Resolved | Pending (End) | Pending > 3M | Status |
|---|---|---|---|---|---|---|
| Apr 2025 | 0 | 0 | 0 | 0 | 0 | ✓ Published 07 May 2025 |
| May 2025 | 0 | 0 | 0 | 0 | 0 | ✓ Published 07 Jun 2025 |
| Jun 2025 | 0 | 0 | 0 | 0 | 0 | ✓ Published 07 Jul 2025 |
| Jul 2025 | 0 | 0 | 0 | 0 | 0 | ✓ Published 07 Aug 2025 |
| Aug 2025 | 0 | 0 | 0 | 0 | 0 | ✓ Published 07 Sep 2025 |
| Sep 2025 | 0 | 0 | 0 | 0 | 0 | ✓ Published 07 Oct 2025 |
| Oct 2025 | 0 | 0 | 0 | 0 | 0 | ✓ Published 07 Nov 2025 |
| Nov 2025 | 0 | 0 | 0 | 0 | 0 | ✓ Published 07 Dec 2025 |
| Dec 2025 | 0 | 0 | 0 | 0 | 0 | ✓ Published 07 Jan 2026 |
| Jan 2026 | 0 | 0 | 0 | 0 | 0 | ✓ Published 07 Feb 2026 |
| Feb 2026 | 0 | 0 | 0 | 0 | 0 | ✓ Published 07 Mar 2026 |
| Mar 2026 | — | — | — | — | — | ⧖ Due by 07 Apr 2026 |
| Financial Year | Carried Forward | Received | Resolved | Pending (Year End) | Disposal % |
|---|---|---|---|---|---|
| FY 2018–19 | 0 | 0 | 0 | 0 | 100% |
| FY 2019–20 | 0 | 0 | 0 | 0 | 100% |
| FY 2020–21 | 0 | 0 | 0 | 0 | 100% |
| FY 2021–22 | 0 | 0 | 0 | 0 | 100% |
| FY 2022–23 | 0 | 0 | 0 | 0 | 100% |
| FY 2023–24 | 0 | 0 | 0 | 0 | 100% |
| FY 2024–25 | 0 | 0 | 0 | 0 | 100% |
| FY 2025–26 (YTD) | 0 | 0 | 0 | 0 | 100% |
| Update Frequency | Monthly — published by 7th of every succeeding month (Master Circular Jun 2025) |
| Format Basis | Annexure B — SEBI Investor Charter Circular, SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/81, June 2, 2025 |
| Regulatory Basis | Reg. 22A, SEBI (Research Analysts) Regulations 2014 — grievance redressal obligation |
| RA-Level SLA | Acknowledge: 1 business day · Resolve: 21 calendar days (Reg. 22A) |
| SEBI SCORES 2.0 SLA | Mandatory registration; SEBI-prescribed time-bound review via scores.sebi.gov.in |
| SmartODR / RAASB SLA | Statutory ODR timelines apply — conciliation or arbitration at smartodr.in |
| Impersonation Cases | Tracked and disclosed separately per SEBI guidelines; reported to RAASB |
| Record Retention | Minimum 5 years per SEBI RA Regulations Reg. 18(1) |
| Filing with RAASB | Same data simultaneously filed with RAASB (BSE Limited) each month |
Extent of AI Usage: AI and algorithmic tools are used as assistants for data aggregation, technical indicator computation, chart pattern recognition and report drafting. All final research calls, entry/target/SL levels and trade recommendations are independently reviewed, verified and approved by a SEBI-registered, NISM-certified Research Analyst before publication.
Human Oversight (Mandatory): No research recommendation is published without human analyst review. AI tools do not autonomously generate, approve or publish trade calls.
Data Security & Confidentiality (Reg. 24(7)): ScoutStack is solely responsible for the security, confidentiality and integrity of client data, irrespective of the AI tools used. Client data is never shared with AI providers in identifiable form.
Technical Indicators: RSI, MACD, Supertrend, Volume Profile and other indicators are computed programmatically. These are analytical tools used by the analyst — not autonomous decision systems.
Data Sources: NSE/BSE exchange data, public market data feeds (15-min delayed per SEBI/NSE rules). No proprietary, insider or material non-public information is used.
Disclosure Updates: This disclosure will be updated whenever the extent of AI usage changes materially. Existing clients are notified of material changes.
| Max Clients (Any Day in Prev. FY) | Required Deposit |
|---|---|
| Up to 150 | ₹1,00,000 |
| 151 to 300 | ₹2,00,000 |
| 301 to 1,000 | ₹5,00,000 |
| 1,001 and above | ₹10,00,000 |