Risk Disclosure

This risk disclosure is issued by Sun Shine Research ("Sun Shine Research"), a SEBI-registered Research Analyst (registration INH000025142). Please read and acknowledge it before subscribing.

General market risk

Investments in equities, indices, and commodity derivatives are subject to market risk. Market conditions can change rapidly. Prices can fluctuate due to factors including macroeconomic policy, interest rates, corporate actions, geopolitical events, and liquidity.

Derivatives-specific risk

Futures and options involve leverage. Losses can exceed the initial margin deposited. Option buying carries a high risk of total premium loss. Option selling carries theoretically unlimited risk.

Commodity-specific risk

MCX commodity contracts are sensitive to global supply/demand, currency movement, geopolitical tensions, and regulatory changes.

No return guarantee

Past performance is not indicative of future returns. Sun Shine Research does not guarantee profits or income. You are solely responsible for your decisions.

Suitability

Ensure you understand the product and can absorb potential loss before acting on any research. If unsure, consult a registered investment adviser.

Disclosures

• Sun Shine Research does not hold any position in recommended securities at the time of research, unless disclosed.
• Sun Shine Research has not been engaged in market-making activities for any recommended securities.
• There is no material conflict of interest in the research published, unless explicitly disclosed.