SEBI Research Analyst · INH000028060 · BSE 7253 +91 92253 11334 samarthtraderesearch@gmail.com Grievance redressal
Samarth Trade — SEBI Registered Research Analyst Talk to us

Registration active

Equity research you can trace back to its reasoning.

Technical and fundamental analysis on listed securities, published with a documented rationale and a defined stop-loss. We publish research — we never execute trades, hold your funds, or manage your portfolio.

View advisory plans Verify our registration

Arvind Maruti Desai
Proprietor of Samarth Trade

SEBI RA registration
INH000028060
BSE enlistment
7253
Certificate number
1965
Valid from
11 June 2026

Cross-check these numbers on SEBI’s register

Rationale on every call

Price, volume, RSI and MACD read alongside fundamentals — with the reasoning written down, not implied.

Stop-loss, not hope

Every recommendation carries a stop-loss guided by the same parameters used to select the security.

Nothing held on your behalf

No funds, no logins, no OTPs, no trades placed for you. Research services only, as the regulations require.

Investment in securities markets is subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, enlistment as a Research Analyst with the Exchange, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.

SEBI (Research Analysts) Regulations, 2014

Investor Charter

What we commit to, what you are entitled to, and exactly how to raise a complaint. Pick a section to read it in full.

Vision and mission for investors

Vision. Invest with knowledge and safety.

Mission. Every investor should be able to invest in the right investment products based on their needs, manage and monitor them to meet their goals, access reports and enjoy financial wellness.

Business transacted with investors

What we do

  • Publish research reports based on our research activities.
  • Provide an independent, unbiased view on securities.
  • Offer unbiased recommendations, disclosing any financial interest in the recommended securities.
  • Base recommendations on analysis of publicly available information and known observations.
  • Conduct an audit annually.
  • Ensure all advertisements adhere to the Advertisement Code for Research Analysts.
  • Maintain records of interactions with all clients, including prospective clients before onboarding, wherever research services have been discussed.

Services provided to investors

Onboarding of clients

  • Sharing the terms and conditions of research services.
  • Completing KYC of fee-paying clients.

Disclosure to clients

  • Disclose information material to an informed decision — business activity, disciplinary history, terms and conditions, details of associates, risks and conflicts of interest.
  • Disclose the extent to which Artificial Intelligence tools are used in providing research services.
  • When distributing a third-party research report, disclose any material conflict of interest of that provider, or give a web address leading to the relevant disclosures.
  • Disclose any conflict between research services and our other activities.
  • Distribute research reports and recommendations to clients without discrimination.
  • Keep a research report confidential until it is made available in the public domain.
  • Respect client data privacy and protect confidential information from unauthorised use.
  • Disclose service timelines and adhere to them.
  • Give clear guidance and an adequate caution notice when recommending complex or high-risk products.
  • Treat all clients with honesty and integrity.
  • Keep client information confidential, unless disclosure is required to discharge a legal obligation or the client has specifically consented.

Grievance redressal and how to access it

Step 1 — Raise it with us

Approach the research analyst directly. We will strive to redress the grievance immediately, and no later than 21 days from receipt.

Step 2 — SCORES or RAASB

  • File on SCORES 2.0, SEBI’s centralised grievance redressal system: scores.sebi.gov.in
  • Two-level review — first by the designated body (RAASB), then by SEBI.
  • Email the designated email ID of RAASB.

Step 3 — Online dispute resolution

  • If the resolution is unsatisfactory, file on the SMART ODR platform for online conciliation or arbitration: smartodr.in

Physical complaints

Office of Investor Assistance and Education
Securities and Exchange Board of India
SEBI Bhavan, Plot No. C4-A, ‘G’ Block
Bandra-Kurla Complex, Bandra (E), Mumbai 400 051

Rights of investors

These belong to you and cannot be signed away by any clause we write.

  • Right to digital accessibility.
  • Right to privacy and confidentiality.
  • Right to transparent practices.
  • Right to fair and equitable treatment.
  • Right to adequate information.
  • Right to initial and continuing disclosure of all statutory and regulatory information.
  • Right to fair and true advertisement.
  • Right to awareness about service parameters and turnaround times.
  • Right to be informed of the timelines for each service.
  • Right to be heard and to satisfactory grievance redressal.
  • Right to timely redressal.
  • Right to exit a financial product or service per the agreed terms.
  • Right to clear guidance and a caution notice on complex and high-risk products.
  • Additional rights for vulnerable consumers — access to services in a suitable manner even if differently abled.
  • Right to give feedback on the products and services used.
  • Right against coercive, unfair and one-sided clauses in financial agreements.

What we expect from you

Do

  • Deal only with a SEBI-registered research analyst.
  • Confirm the analyst holds a valid registration certificate.
  • Check the registration number against SEBI’s list of registered research analysts.
  • Read the disclosures in a research report before investing.
  • Pay through banking channels only and keep duly signed receipts. Fees may also be paid through the Centralized Fee Collection Mechanism (CeFCoM) of RAASB. Applies to fee-paying clients only.
  • Check the recommendation before buying or selling securities, or applying in a public offer.
  • Ask every relevant question and clear your doubts before acting.
  • Seek guidance where complex and high-risk products are involved.
  • Know you may stop availing the service as per the agreed terms.
  • Know you may give feedback on the services received.
  • Know that no clause contravening a regulatory provision binds you.
  • Inform SEBI about any research analyst offering assured or guaranteed returns.

Don’t

  • 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, incentives or gifts.
  • Do not share login credentials or passwords of your trading, demat or bank accounts with the research analyst.

Advisory services

Pick the market you follow

Each plan delivers research-backed insights, market analysis and actionable trade ideas to a premium group. Same analysis, same timing, for every member of a plan.

Equity Trades

Cash & equity segment

Research-backed trade ideas on listed equities, with the reasoning and a defined stop-loss on every call.

  • Equity trade ideas with entry and stop-loss
  • Market analysis through the session
  • Delivered to the group, all at once
View this plan

MCX Ideas

Commodity segment

Trade ideas on MCX commodities, built on the same technical and fundamental process used for equities.

  • Commodity trade ideas with levels
  • Market analysis around MCX hours
  • Delivered to the group, all at once
View this plan

Index & Options

Derivatives segment

Ideas on index and options positions. Derivatives carry higher risk than cash equities — size positions accordingly.

  • Index and options trade ideas
  • Strike, premium and risk context
  • Delivered to the group, all at once
View this plan

Every plan is a research service. We publish analysis and trade ideas — we do not execute trades, hold your funds, or manage your portfolio, and no plan carries any assurance of returns. Fees are subject to the maximum prescribed by SEBI and RAASB. Read the most important terms, disclosures and refund policy before subscribing. Not sure which plan fits? Ask us on WhatsApp.

Learn with us

Stock Market Mastery Course

Learn. Analyse. Trade with confidence. A structured, practical programme that takes you from the basics of the Indian stock market to real market analysis.

Whether you are starting out or already have some market experience, the course builds a structured understanding of Equity, Technical Analysis, Fundamental Analysis, Swing Trading, Intraday Trading and the Options Market.

  • Stock market fundamentals
  • Fundamental analysis
  • Technical analysis
  • Swing & positional trading
  • Intraday trading
  • Options market
Course fee ₹15,000 one-time

Educational programme. This is not a research service and is charged separately from any advisory plan.

Enrol now
  • Practical, market-oriented learning
  • Structured path from basics to advanced concepts
  • Technical and fundamental approach together
  • Strong focus on risk management
  • Suited to beginners and intermediate learners

Research services

What we publish, and how it is arrived at

Securities are chosen through a combination of technical and fundamental analysis. Recommendations follow the bullish or bearish sentiment those parameters produce, and each carries a stop-loss set by the same reading.

  • Price
  • Volume
  • RSI
  • MACD
  • Fundamentals
  • Sector outlook

Research reports

Written reports on listed securities with a documented rationale, a clear rating, and defined stop-loss and target levels wherever they apply.

Default horizon: 12 months, unless the report states otherwise

Model portfolios

Baskets built on a research-driven methodology, issued with a detailed rationale, monitored continuously and updated when the view changes.

Not tailored to individual goals — judge them against your own profile

Market commentary

General market and sector views, shared in group formats along with the standardised reports every member receives at the same time.

No one-on-one trading or investment guidance, as regulations require

Fees differ by plan. Whatever you choose, the total is capped by what SEBI and RAASB prescribe, statutory charges sit outside that, and payment is only ever through banking channels, UPI or CeFCoM — never cash, never to a personal account. Full terms are in the most important terms and conditions.

See advisory plans How it all works

Before you pay anyone

Check us on SEBI’s records, not on ours

Impersonation is the most common fraud in this market. Anything we send you can be faked — the register cannot.

  1. Find the name on the register

    Search for the analyst in SEBI’s list of registered research analysts, then cross-check on the BSE registered RA list.

  2. Use only the contact details listed there

    Take the email address and phone number from the register and correspond through those alone. A reply from a different address is a warning sign, not an inconvenience.

  3. Verify before any payment leaves

    Confirm on SEBI Check, then pay to a @valid UPI ID or through CeFCoM. Never to a personal account, whoever asks.

SEBI investor caution

How stock market scams reach you

Social media has changed how these operations find people. The tactics are consistent enough to recognise.

  • Unsolicited invitations

    Links to join WhatsApp groups — “VIP group”, “free trading course” — sent to people who never asked for them.

  • Fake expert profiles

    Accounts built to look like seasoned securities market experts, with a history assembled from borrowed material.

  • Impersonation

    Posing as SEBI-registered intermediaries, public figures, celebrities, or the CEOs and MDs of established organisations.

  • Fabricated testimonials

    Screenshots of enormous profits, credited to group members who do not exist, used to get funds moved into their accounts.

We will never ask for your trading, demat or bank login credentials, or an OTP. Never share them with anyone — including us.

Cyber fraud helpline 1930 Report at cybercrime.gov.in

Get in touch

Reach us directly

One person handles support, compliance and grievances here. You will not be routed through a queue.

Research analyst
Arvind Maruti Desai, Proprietor of Samarth Trade
Compliance officer
Arvind Maruti Desai
Office
Office No. 406, City Space, S. No. 198/1A, Nagar Road, Pune, Maharashtra 411014
Working hours
10:00 AM to 5:00 PM, holidays off

Not resolved in 7 working days? Escalate to SEBI on SCORES, or take it to online conciliation and arbitration through SMART ODR. SEBI’s toll-free helplines are 1800 22 7575 and 1800 266 7575.

Send a message

It opens in WhatsApp, so you keep a record of what you sent and when.

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

Arvind Maruti Desai, Proprietor of Samarth Trade. SEBI Research Analyst Registration No. INH000028060 · BSE Enlistment No. 7253 · Certificate No. 1965, valid from 11 June 2026. Registered office: Office No. 406, City Space, S. No. 198/1A, Nagar Road, Pune, Maharashtra 411014. Jurisdiction: Pune, Maharashtra.

Research services only. We do not execute trades, hold client funds, or provide investment advisory or portfolio management services. Recommendations carry no assurance of returns, and there is no recourse to claim losses incurred on investments made on the basis of a research report. Past performance is not indicative of future results. Securities quoted are for illustration only and are not recommended.

Registration granted by SEBI, enlistment as a Research Analyst with the Exchange, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Our research process is occasionally supported by AI and algorithm-based tools, which may carry risks of data bias, model error and system failure; full details are set out in our Disclosure and Disclaimers.

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