• Afzal Lokhandwala (the “Firm”), having the address at 2nd Floor, AR Plaza, Opp. Shell Petrol Pump, Ravapar Road, Morbi, Gujarat – 363641, is registered with SEBI as Non- Individual Research Analyst vide Registration number INH000011121 on December 21, 2022, pursuant to which it provides Research Analyst services to its clients through its program, “Champion Trader Research.”
  • The Firm also provides educational services via its programs ‘Champion Trader Course’ and ‘Champion Trader Mentorship’, which do not involve providing stock recommendations, thereby maintaining an arms-length distance between research activities and educational services. Hence, no part of educational services should be construed as research reports or recommendations.
  • Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
  • Registration granted by SEBI and certification from NISM in no way guarantees the performance of the intermediary or provides any assurance of returns to investors.
  • Trading in the stock market carries inherent risks, and there are no guaranteed outcomes. We do not propose or guarantee, or promise any returns from the stock market. The rewards in the market can be unpredictable and inconsistent. Even accomplished investors/traders experience prolonged periods of losses. Nevertheless, by implementing a robust trading strategy and maintaining discipline and consistency, traders can increase their likelihood of attaining long-term profitability.
  • Any content published on any social media channels owned by Afzal Lokhandwala is purely for educational/illustrative purposes and should not be treated as recommendations or investment advice. Neither the Firm nor the marketing agents of the Firm shall be held liable/responsible in any manner whatsoever for any losses the viewers may incur due to acting upon this content. The securities quoted are for illustration only and are not recommendatory. No representation or guarantee is being made as to the returns generated by the clients.
  • The Firm or any person related to the Firm may take or be holding positions in the stocks recommended to the research services’ clientele subject to SEBI regulations on the matter.
  • SEBI has issued no penalties/directions under the SEBI Act or any other regulatory body.
  • We do not recommend any stock broker or other intermediary to our research services clientele, nor do we receive any consideration by way of remuneration or compensation or in any other form whatsoever from the stock broker or another intermediary concerning that clientele.
  • The information and views on this website & all the services we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. 
  • The research recommendations are provided to all our clients who are entitled to receive the research reports. Any client (paid or unpaid), any third party or anyone else has no right to forward or share our recommendations or messages or reports or any information provided by us to/with anyone (through any medium) which is received directly or indirectly by them. If found so, then legal actions can be taken.
  • You, and not the Firm, assume the entire cost and risk of any trading you choose to undertake. You are solely responsible for making your own investment decisions. If you choose to engage in transactions with or without seeking advice from a licensed and qualified financial advisor or entity, then such decision and any consequences flowing therefrom are your sole responsibility. The Firm or any employees are in no way liable for the use of the information by others in investing or trading in investment vehicles.
  • By visiting our website (www.afzallokhandwala.com) or our social media accounts, you accept this disclaimer and all other terms and conditions.
  • The Firm hereby expressly disclaims any implied warranties imputed by the laws of any jurisdiction. We consider ourselves and intend to be subject to the jurisdiction only of the courts of Morbi (Gujarat) in India. If you don’t agree with any of our disclaimers above, please do not read the material on any of our pages. Although access to users outside India is not denied, the Firm shall have no legal liabilities whatsoever in any laws of any jurisdiction other than India. We reserve the right to make changes to our site and these disclaimers, terms, and conditions at any time.