SEBI-registered research · Risk-aware advisory

Research-first investing, built for real-world discipline

Adhigam Research helps serious market participants translate information into decisions: structured recommendations, explicit risk context, and communication designed for follow-through—not hype.

  • Fundamental and technical views combined with a portfolio mindset (position sizing, invalidation levels, and time horizon).
  • Transparent product ladders from intraday to multiyear wealth creation—pick the rhythm that matches your capital and temperament.
  • Compliance-forward disclosures: we are in the business of research and education, not guaranteed outcomes.
10+ yrs
Markets experience
SEBI RA
Registered analyst
6 tiers
Horizon coverage
Risk-first
Research process
Laptop on a desk displaying financial analytics charts and performance metrics
Caption: we map evidence to action—liquidity, trend structure, fundamentals, and catalysts. Photo: Carlos Muza / Unsplash

Complaint Data (As On Ending of October 2025)

Sr. No. Received from Pending at the end of last month Received Resolved Total Pending Pending Complaints > 3 Months Average Resolution time (in days)
1 Directly from Investors 0 0 0 0 0 0
2 SEBI (SCORES) 0 0 0 0 0 0
3 Other Sources (if any) 0 0 0 0 0 0
- Grand Total 0 0 0 0 0 0

Trust and standards

Regulatory posture

Services are offered under applicable SEBI research analyst regulations. We publish clear limitations: research is not personalized investment advice unless formally engaged under permitted modes.

How recommendations read

Where appropriate, ideas include context—setup rationale, horizon, risk triggers, and monitoring guidance—so subscribers can evaluate fit against their own constraints.

What we optimize for

Clarity, repeatability, and downside awareness. Markets reward patience and punish ambiguity; our communication is designed to reduce both.

Operating system

A research stack you can actually run

Most failures in markets are operational: inconsistent sizing, unclear invalidation, and narrative-driven entries. Adhigam’s research is organized to make the boring parts—discipline, risk definition, and review cadence—easier to sustain.

Evidence lanes (how we think)

We triangulate business quality and price behavior. Fundamentals answer “what are we holding?” Technicals answer “when is the market agreeing?” Macro liquidity answers “what regime are we in?” No single lens wins every season; the goal is a consistent decision journal.

Depending on the product, research may emphasize shorter-term auction dynamics (intraday/swing) or longer-term compounding drivers (mid/long/multicap baskets)—but the through-line is the same: define risk before chasing reward.

Who this is for

Retail participants and proactive investors who want a professional research relationship: structured updates, explicit horizons, and language that respects both opportunity and uncertainty.

If you need guaranteed returns, “tips,” or passive certainty—this practice is not a fit. If you want a repeatable research cadence aligned to a chosen time horizon, we should talk.

Dashboard analytics charts representing KPI tracking and performance monitoring
We treat communication like product: legible updates, comparable metrics, and reviewable assumptions.

Methodology in four moves

A simplified view of how work flows from question to publication. Actual steps vary by security type and horizon.

01 — Universe

Liquidity & tradability screen

We start with what the market can absorb: average daily volume, impact cost proxies, borrow depth (where relevant), and corporate action calendar noise.

02 — Thesis

Variant perception

What has to be true for the idea to work? What would falsify it? We document assumptions so updates are edits to a model—not mood.

03 — Risk

Position & invalidation

Define risk budgets relative to horizon: levels, spreads, event windows, and scenario toggles (rates, crude, FX) when material.

04 — Publish

Subscriber-ready note

Clear entry/monitor/exit language, cadence expectations, and disclosure reminders—so decisions can be audited later.

Firm

About Adhigam Research

“Adhigam” reflects a simple belief: achievement follows learning. Our practice is built around continuous improvement—of models, of communication, and of the operational habits that separate durable participants from perpetual beginners.

We provide research-based stock recommendations grounded in fundamental and technical analysis, with an unusually strong emphasis on risk management and subscriber comprehension.

Markets are an attention economy. Our job is to reduce noise: fewer, higher-signal updates; clearer assumptions; explicit horizons; and language that holds up when conditions change.

Mission

Help investors invest with knowledge, discipline, and respect for uncertainty.

Vision

Set a higher bar for transparency and ethical conduct in independent equity research delivery.

Team collaborating around a laptop in an office workshop setting
Collaborative research discipline: peer review, challenge, and documentation beat lone-wolf certainty.

Leadership

Analyst profile

Meet the research lead responsible for published views, process design, and subscriber communication standards.

SEBI Research Analyst MBA — Finance & Marketing 10+ years markets

Mitesh Hedau

  • MBA in Finance & Marketing
  • SEBI Registered Research Analyst
  • 10+ years of practical experience across market cycles

Focus areas include risk governance in retail-facing research, data hygiene for decision-making, and communication that survives volatility. The objective is simple: help clients build a repeatable investment process—not dependency on “calls.”

Programs

Services & indicative pricing

Choose the horizon that matches your capital commitment and review cadence. Pricing shown is indicative; final terms are confirmed at onboarding. All subscriptions are subject to disclosures and eligibility checks.

Intra Master

Intraday recommendations with fast feedback loops

What subscribers typically receive

  • Pre-market context and liquidity reminders
  • Level-based monitoring guidance
  • End-of-session review notes (as applicable)
  • 7 days₹4,000
  • 1 month₹10,000
  • 3 months₹21,000
Subscribe

Swing Master

Short-term opportunities (days to weeks)

What subscribers typically receive

  • Setup thesis + key risks/events
  • Trailing risk guidance through the swing
  • Position sizing heuristics by volatility bucket
  • 15 days₹7,000
  • 1 month₹10,000
  • 3 months₹25,000
Subscribe

Short Term Master

6–8 week investment horizon

What subscribers typically receive

  • Catalyst calendar and earnings sensitivity
  • Quarterly risk checkpoints
  • Portfolio fit notes (overlap, concentration)
  • 3 months₹7,000
  • 1 year₹15,000
Subscribe

Mid Term Master

6–9 month horizon

What subscribers typically receive

  • Business quality scoring snapshots
  • Valuation band commentary (framework-based)
  • Drawdown planning and add/average discipline
  • 1 year₹18,000
Subscribe

Long Term Master

Wealth creation (2–3 years)

What subscribers typically receive

  • Compounder thesis tracking
  • Capital allocation guidance across cycles
  • Annual review templates for subscribers
  • 1 year₹20,000
Subscribe

Multibagger Master

Mixed portfolio (medium + long term)

What subscribers typically receive

  • Integrated sleeve strategy (core + satellite)
  • Correlation and factor exposure notes
  • Rebalancing discipline guidance
  • 1 year₹35,000
Subscribe

Questions

FAQ

Straight answers to common questions. If something material changes in regulation or process, this section will be updated and dated in your onboarding pack.

Is this personalized investment advice?

Research publications are generally educational and informational in nature. Personal advice may require a different regulatory pathway and suitability assessment. If you are unsure, ask during onboarding and we will clarify the mode of service in writing.

Do you guarantee returns?

No. Securities markets involve risk of loss. Past performance, backtests, or anecdotal outcomes are not reliable indicators of future results. We focus on process transparency and risk definition—not outcome promises.

How are updates delivered?

Delivery channels depend on the subscription tier and operational setup (for example, email, messaging platforms, or member dashboards). The onboarding document specifies cadence, windows, and escalation paths for clarifications.

What should I prepare before subscribing?

A clear time horizon, liquidity needs, and loss tolerance. If you trade leverage products, disclose that upfront. The best subscriber relationships start with constraints stated honestly.

Can I switch tiers later?

Tier migrations are handled case-by-case depending on billing cycle and service overlap. Ask at renewal time for the cleanest transition.

Compliance

Disclosure & risk statement

These statements are standard guardrails. They are not a substitute for reading your agreement, KYC disclosures, and statutory documents applicable to securities investments.

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

No warranty: Research reports and updates are based on information believed to be reliable; however, no representation is made as to completeness or accuracy. Opinions are subject to change without notice.

Conflicts: Adhigam Research maintains policies for conflicts of interest. Analyst and firm disclosures are provided as required and updated on a best-efforts basis.

Not an offer: Nothing on this website constitutes an offer or solicitation in any jurisdiction where such activity is unlawful or where the recipient is ineligible.

Contact

Start with a precise question

Email works best for first contact. Include your horizon, approximate deployable capital (ranges are fine), and whether you trade cash, derivatives, or both.

Phone

+91 XXXXX XXXXX

Registered address

House No. 75A, Lok Vihar Park, Bhilgaon, Nagpur – 440026, Maharashtra, India

Response time: We aim to respond to serious inquiries within two business days. If you are comparing advisors, ask for a sample research note structure (redacted) so you can evaluate readability and risk language before paying.

Privacy Policy

This Privacy Policy describes how Adhigam Research (“we”, “us”) collects, uses, stores, and shares personal information when you visit our website, contact us, or subscribe to research services.

Information we may collect

How we use information

We use personal information to provide services, communicate updates, process payments (if handled directly or via partners), comply with legal obligations, prevent fraud or abuse, and improve website reliability and security.

Legal bases (where applicable)

Depending on jurisdiction, processing may be based on contract performance, legitimate interests (for example, securing our systems), consent (for optional marketing), or legal obligation.

Sharing and processors

We may share information with service providers who assist us with hosting, email delivery, analytics, payments, or customer support. Providers are expected to process data only on our instructions and with appropriate safeguards.

Retention

We retain information for as long as needed to provide services, meet regulatory requirements, resolve disputes, and enforce agreements. Retention periods vary by data category.

Your choices and rights

Depending on applicable law, you may have rights to access, correct, delete, restrict, or object to certain processing, and to withdraw consent where processing is consent-based. You may also have the right to lodge a complaint with a supervisory authority.

Security

We implement reasonable administrative, technical, and organizational measures designed to protect personal information. No method of transmission or storage is completely secure.

International transfers

If data is processed across borders, we take steps consistent with applicable law (such as contractual safeguards) where required.

Children

Our services are not directed to children. If you believe a child provided personal information, contact us and we will take appropriate steps.

Updates

We may update this policy from time to time. Material changes will be communicated through reasonable means (for example, email or a website notice).

Template notice: have legal counsel review this policy for India-specific requirements (including SPDI Rules, DPDP Act compliance as applicable, and sector-specific obligations).

Refund & Cancellation Policy

This policy explains how subscription cancellations and refund requests are handled. Final terms may also be stated in your service agreement or invoice.

Cancellation

You may request cancellation according to the process communicated at onboarding (for example, by email from your registered address). Cancellation affects future renewals; it may not remove access already granted for a prepaid period unless required by law or contract.

Refunds (general principles)

Because research services often involve immediate delivery of intangible knowledge products, refunds may be limited. Where a refund is eligible, processing time and method depend on payment channel and banking timelines.

Chargebacks and disputes

If you dispute a charge, contact us first so we can investigate. Chargebacks may result in suspension of service until resolved.

Non-delivery / technical failure

If you do not receive purchased access due to a verified technical issue attributable to us, we will work to restore access or provide a commercially reasonable remedy.

Template notice: align this section with your actual payment gateway rules, SEBI-related service norms (if any), and executed client agreements.

Terms & Conditions

By accessing this website or purchasing services, you agree to these terms in addition to any separate agreement provided during onboarding.

Services

Adhigam Research provides research and related informational services as described on this website and in onboarding materials. Services may change with notice where reasonable.

No investment advice unless agreed

Website content is general in nature unless expressly provided under a regulated, contracted advisory relationship. You are responsible for your investment decisions and for consulting independent tax, legal, and financial advisors as needed.

Risk acknowledgment

You acknowledge that securities trading and investing involve risk, including possible loss of principal. Historical information is not a guarantee of future performance.

Intellectual property

All content, trademarks, and research materials are owned by Adhigam Research or licensors. You may not redistribute subscriber materials without permission.

Limitation of liability

To the maximum extent permitted by law, Adhigam Research and its personnel will not be liable for indirect, incidental, special, consequential, or punitive damages, or for loss of profits, arising from use of the website or services.

Indemnity

You agree to indemnify and hold harmless Adhigam Research from claims arising out of your misuse of services, violation of law, or violation of these terms, subject to applicable law.

Governing law and disputes

These terms are governed by the laws of India. Courts at Nagpur, Maharashtra shall have exclusive jurisdiction, subject to any non-waivable rights you may have under law.

Contact

For legal or compliance questions, contact us using the details in the Contact section.

Template notice: counsel should validate limitation clauses, jurisdiction, consumer rights, and any mandatory disclosures for research analysts in India.