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Please read this disclaimer carefully before using our research services. By accessing Tradzo's recommendations, you agree to the terms below.

SEBI Registered Research Analyst

Registration No. INH000024675 under SEBI (Research Analyst) Regulations, 2014

Research Only

Tradzo provides research recommendations only. We do not execute trades on your behalf.

About Tradzo Research

Tradzo Research is a SEBI Registered Research Analyst firm (INH000024675) registered under SEBI (Research Analyst) Regulations, 2014. Our services include research on financial market instruments and market trends, and providing investment and trading related recommendations across equities, futures, and options markets.

Tradzo Research is a registered partnership firm. Our research recommendations are delivered via WhatsApp and our website. We are neither a stockbroker nor a portfolio manager, and we do not accept funds or execute orders on behalf of clients.

We hereby declare that our activities have not been suspended, and we have not defaulted with any stock exchange authority in the last five years. We have not been debarred from doing business by any Stock Exchange, SEBI, or any other authority, nor has our certificate of registration been cancelled by SEBI.

General Disclaimer

The research reports, recommendations, and any other information published by Tradzo are for informational purposes only and do not constitute a personal recommendation or an offer or solicitation to buy or sell any security. This material does not consider the specific investment objectives, financial situation, or particular needs of any individual client.

Recipients of this material should rely on their own investigations and take their own professional advice before making any investment decision. The price and value of investments referred to in this material may go up or down, and past performance is not a guide to future performance.

No part of this material may be duplicated in any form or redistributed without Tradzo Research's prior written consent.

Derivatives & F&O Disclaimer

Trading in Futures & Options (F&O) involves substantial risk of loss and may not be suitable for all investors. Losses may exceed your initial investment. F&O are complex instruments that require advanced knowledge and experience.

F&O trading involves leverage, which can amplify both gains and losses. Market volatility, liquidity issues, and execution risks can significantly impact outcomes. Trade only with capital you can afford to lose. All trade execution decisions are solely yours — Tradzo provides research only.

Derivatives are a sophisticated investment device. The investor is requested to take into consideration all the risk factors before trading in derivative contracts. We strongly recommend consulting a qualified financial advisor before engaging in F&O trading.

Performance Disclaimer

Past performance of our strategies does not guarantee future results. Strategy performance data is based on actual recommendations made at the time of publication. Individual results may vary based on execution timing, brokerage costs, market conditions, and personal circumstances.

Tradzo does not provide guaranteed returns or assured profits. Registration granted by SEBI and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.

Research Methodology

Our recommendations are based on technical analysis, price action, volume data, and macroeconomic research available at the time of publication. Reports may include current or historical information believed to be reliable, though its accuracy or completeness cannot be guaranteed.

Research based on technical analysis centres on studying charts of a stock's price movement and trading volume and is short-term in nature, as opposed to focusing on a company's fundamentals. As such, it may not match with a fundamental report on the same company.

Opinions expressed are our current opinions as of the date appearing in the material. There may be regulatory, compliance, or other reasons that prevent us from updating information on a timely basis. Forward-looking statements are not predictions and may be subject to change without notice.

Tradzo uses charts powered by TradingView under a free licensing agreement.

Conflict of Interest Disclosures

Tradzo Research is a pure research analyst firm. We do not engage in investment banking, merchant banking, brokerage, or portfolio management services. We do not co-manage public offerings or receive compensation from the companies we research.

The research analyst and/or their relatives may hold securities in instruments covered by our research. This will be disclosed in the relevant research report where applicable.

Our research recommendations are standardised, strategy-based, and provided with defined stop-loss levels. All recommendations carry a probability of failure; investors must follow stop-loss levels to manage downside risk.

The research analyst certifies that all views expressed in this report accurately reflect their personal views about the subject instruments, and no part of their compensation was, is, or will be directly or indirectly related to specific recommendations or views expressed.

Investor Awareness

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

Our research should not be considered personal financial advice. The investor is requested to consider all risk factors — including their financial condition and suitability to a risk–return profile — and take professional advice before investing.

SEBI Registration Details

Registration Number

INH000024675

Registration Type

Research Analyst

Regulations

SEBI (RA) Regulations, 2014

NISM Certification

Certified

Principal Officer

Mrs. Shweta Patel

Last Updated

April 2026

Research Team

Mr. Harsh Patel, CFA L2

Founder & Research Analyst

harsh@tradzo.in

+91 79 4039 1464

Mrs. Shweta Patel, PGDM (Banking & Finance)

Co-founder & Compliance Officer

shweta.patel@tradzo.in

+91 79 4039 1464

Grievance Redressal

For any queries or complaints, please contact us at care@tradzo.in. Grievances may be escalated to shweta.patel@tradzo.in (Compliance Officer).

If your complaint is not resolved to your satisfaction, you may approach:

Registered Office

Tradzo Research

A-416 Sumel 11, Nr. Namaste Circle,

Shahibaug, Ahmedabad, Gujarat — 380004

This disclaimer was last updated in April 2026. Tradzo Research reserves the right to amend this disclaimer at any time. Continued use of our services constitutes acceptance of any revised terms.