Discipline over noise. Rules over rumours.
Trade with rules,
not rumours.
Rule-based F&O research with a clear entry, target and stop-loss on every call. Built by an Algo Trading Specialist, made for traders who want discipline over noise.
Investment in securities market are subject to market risks. Read all the related documents carefully before investing. No guaranteed returns.
Research deskIllustrationSEBI-registered research. Zero guesswork.
Every call, every disclosure, every rule is built on registration and accountability, not predictions.
SEBI Registered
Research Analyst
Reg. No. INH000030649
Rule-led
Written, backtested rules. Not tips, not gut feel.
BSE Enlisted
RAASB Enlistment
No. 7561
NISM Certified
Series XV, Research Analyst certification.
Pick the research that fits how you trade.
Plans launch soon. Fees and full terms (MITC) will be published here before any service starts. Join the waitlist to be told first.
Index Research
Rule-based research on index options for traders who want defined levels instead of guesswork.
- ✓Entry, target and stop-loss on every call
- ✓Short rationale with each idea
- ✓Same time to every client, WhatsApp & email
Stock F&O Research
Selective research on F&O stocks, only when the written rules trigger.
- ✓Defined risk before every idea
- ✓Clear exit and stop-loss updates
- ✓Risk tag on each call
Positional Research
Fewer, slower ideas for part-time traders who can't watch the screen all day.
- ✓Multi-day views with defined levels
- ✓Timed updates you can act on after work
- ✓Reason and invalidation with each idea
Derivatives are high risk. As per a SEBI study, 9 out of 10 individual traders in equity F&O incurred net losses. No returns are guaranteed.
Every candle tells a story. Rules decide what you do with it.
Markets move every second. Written, rule-based research is what keeps a trader calm when they do.
Know your research analyst.
I'm Sujal Hanumant Salgude Patil, a SEBI Registered Research Analyst and Algo Trading Specialist from Girgaon, Mumbai. I build research the way I build trading systems: written rules first, tested on past data, with the risk defined before anything goes out.
No "sure-shot" calls, no hype. Just clear levels, a reason for every idea, and the same research for every client at the same time.
Structured, not shouty.
Everything you need to act on a call with a clear head.
Clear levels
Entry, target and stop-loss defined before the call goes out.
Same time for all
Every client gets the call together on WhatsApp and email.
A reason, always
A short rationale with every idea, so you understand the why.
Rule-based
Ideas go out only when written, backtested rules trigger.
Full disclosures
Conflicts, holdings and risks disclosed as SEBI requires.
Your account stays yours
I never ask for your login, password or OTP. You place your own trades.
Too many tips.
Too little discipline.
Social media is full of "sure-shot" calls with no stop-loss, no reasoning and no accountability. Most traders lose not because of a lack of tips, but because of a lack of rules.
Smart Mind Trading'sInvestment in youLearn the markets at Smart Mind Trading's.
I also founded Smart Mind Trading's, a classroom stock market institute in Girgaon, Mumbai. Its courses are run separately, on its own website.
Hybrid Workshop
30 days · Technical analysis and F&O basics.
Technical Analysis & Options
2 months · Weekends · Option strategies and algo basics.
Advanced Market Analysis
3 months · Banking, investing, trading, algo and F&O.
NISM Certification Training
6 months · Exam preparation for NISM modules.
Courses are education only and are offered by Smart Mind Trading's, not by me as a Research Analyst. They include no research calls or advice, and joining a course does not give access to my research services.
Regulatory information
| Registered name | Sujal Hanumant Salgude Patil |
|---|---|
| Type of registration | Research Analyst (Individual) |
| SEBI registration number | INH000030649 |
| Date of registration | 02 October 2026 |
| Validity | From 02 October 2026 until suspended or cancelled. Registration fees paid are valid for five years (renewal fee due before 02 October 2031). |
| BSE RAASB enlistment number | 7561 |
| NISM certification | NISM Series XV: Research Analyst Certification · Registration No. NISM-202500133427 · Issued 03 May 2026 · Valid till 29 April 2029 |
| Registered address | 301, 3, Aman House, Dr. Mitrasen Mahimtura Marg, Durgadevi Udhyan, Kumbharwada, Girgaon, Mumbai 400004 |
| Contact number | +91 77109 90367 |
| research@sujalpatil.com | |
| Principal Officer and Compliance Officer | Sujal Hanumant Salgude Patil · +91 77109 90367 · research@sujalpatil.com |
| Grievance Officer | Sujal Hanumant Salgude Patil · research@sujalpatil.com |
| SEBI office | Securities and Exchange Board of India, SEBI Bhavan, Plot No. C4-A, 'G' Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051 |
| Annual compliance audit | First audit due for FY 2026-27 (not yet due) |
Verify this registration on SEBI's website: SEBI list of registered Research Analysts.
Complaints received
Updated every month by the 7th, as required by SEBI. Data for the month ending: October 2026 (status as on 28 October 2026).
| Sr. No. | Received from | Pending at the end of last month | Received | Resolved* | Total pending# | Pending complaints > 3 months | Average resolution time^ (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 |
Trend of monthly disposal of complaints
| Sr. No. | Month | Carried forward from previous month | Received | Resolved* | Pending# |
|---|---|---|---|---|---|
| 1 | October 2026 | 0 | 0 | 0 | 0 |
| Grand total | 0 | 0 | 0 | 0 |
Trend of annual disposal of complaints
| Sr. No. | Year | Carried forward from previous year | Received | Resolved* | Pending# |
|---|---|---|---|---|---|
| 1 | 2026-27 (from 02 Oct 2026) | 0 | 0 | 0 | 0 |
| Grand total | 0 | 0 | 0 | 0 |
* Inclusive of complaints of previous months resolved in the current month. # Inclusive of complaints pending as on the last day of the month. ^ Average resolution time is the sum total of time taken to resolve each complaint, in days, in the current month divided by the total number of complaints resolved in the current month.
How to raise a complaint
- Write to the Research Analyst first. Email research@sujalpatil.com or call +91 77109 90367 (Mon–Fri, 10 am–6 pm). Your complaint will be acknowledged and resolved within 21 calendar days.
- Not satisfied, or no reply in 21 days? Lodge a complaint on SEBI's SCORES portal: scores.sebi.gov.in, or the SEBI SCORES mobile app.
- Still not resolved? You may start online conciliation or arbitration through the Online Dispute Resolution (ODR) portal: smartodr.in.
| Escalation level | Contact person | Address | Contact | Working hours | |
|---|---|---|---|---|---|
| Customer care | Sujal Hanumant Salgude Patil | 301, 3, Aman House, Dr. Mitrasen Mahimtura Marg, Durgadevi Udhyan, Kumbharwada, Girgaon, Mumbai 400004 | +91 77109 90367 | research@sujalpatil.com | Mon–Fri, 10 am–6 pm |
| Head of Customer care | Sujal Hanumant Salgude Patil | 301, 3, Aman House, Dr. Mitrasen Mahimtura Marg, Durgadevi Udhyan, Kumbharwada, Girgaon, Mumbai 400004 | +91 77109 90367 | research@sujalpatil.com | Mon–Fri, 10 am–6 pm |
| Compliance Officer | Sujal Hanumant Salgude Patil | 301, 3, Aman House, Dr. Mitrasen Mahimtura Marg, Durgadevi Udhyan, Kumbharwada, Girgaon, Mumbai 400004 | +91 77109 90367 | research@sujalpatil.com | Mon–Fri, 10 am–6 pm |
| Principal Officer | Sujal Hanumant Salgude Patil | 301, 3, Aman House, Dr. Mitrasen Mahimtura Marg, Durgadevi Udhyan, Kumbharwada, Girgaon, Mumbai 400004 | +91 77109 90367 | research@sujalpatil.com | Mon–Fri, 10 am–6 pm |
Read the full Investor Charter for your rights and responsibilities.
Everything you might be wondering.
Is this personalised investment advice?
No. Research is the same for all clients and is not tailored to your finances. Decide whether a call suits you before acting.
Do you guarantee profits?
No. Derivatives are high risk and losses are possible. As per a SEBI study, 9 out of 10 individual traders in the equity F&O segment incurred net losses. Anyone promising guaranteed returns should be reported to SEBI.
Will you trade or handle my account?
No. You place your own trades in your own account. I never ask for your login, password or OTP.
How do I pay?
Only by bank transfer or UPI to the account in the name of Sujal Hanumant Salgude Patil, after KYC. No cash.
When do services start?
Plans and fees will be published on the Research page before launch. Services start only after KYC and acceptance of the terms and MITC.
Do you offer algo strategies?
Not yet. They'll launch only through exchange-approved channels under SEBI's retail algo framework.
How do I verify your registration?
Check Reg. No. INH000030649 on SEBI's list of registered Research Analysts. Details are in the registration section above.
How do I raise a complaint?
Email or call me first; complaints are resolved within 21 days. If unresolved, use SEBI SCORES, then SMART ODR.
Ready to trade with rules, not rumours?
Join the waitlist for research plans, or verify my SEBI registration first. Both take a minute.