SEBI Registered Research Analyst
ASHUTOSH SONI
INH000025869

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SEBI REG. INH000025869

Ashutosh
Soni.

Research Analyst
Risk First · Education Core

From Motihari, Bihar with over 7+ years of hands-on market experience, Ashutosh specialises in Swing Trading and Options Hedging. M.COM & NISM-XV certified, he delivers institutional-grade research with absolute clarity and zero conflicts.

NSE + BSE MarketsReg. Apr 10, 2026

Target Audience

01
Working Professionals

For those who cannot track the markets all day.

02
Disillusioned Investors

Tired of Telegram "tipsters" and zero accountability.

03
Truth Seekers

Anyone—from Bihar to Mumbai—who wants research, not gambles.

04
Dedicated Learners

Beginners to intermediate traders wanting a structured path.

Start Your Journey

What I Offer

I
Momentum Swing Trades

High-probability ideas across Equity, F&O, NIFTY & BANKNIFTY.

II
Options Hedging

Advanced strategies to protect capital and manage risk intelligently.

III
Risk-Managed Approach

Clear entry, target, and absolute stop-loss on every call.

IV
Rigorous Analysis

Combined Fundamental and Technical analysis. No shortcuts, just research.

Explore Services

Investment in securities is subject to market risks. SEBI Reg. does not guarantee returns.

SEBI Registered AnalystINH000025869
BSE Enlistment0
NISM CertifiedSeries XV
TRANSPARENT & COMPLIANT PRICING

Choose your research desk

Independent, SEBI-compliant research plans designed for your trading style and capital allocation.

⚡ Quick Start

Starter

Best for Beginners & Testing

Weekly high conviction equity & index research

₹5,999/ week

Weekly plan · No lock-in

Get Started Now →

WHAT'S INCLUDED:

  • Daily Market Updates
  • 2–3 High Conviction Research Calls
  • Entry Price, Target & Stop Loss Levels
  • Telegram Alert Notification
  • WhatsApp Support

SEBI Compliant Research

🥈 Popular Choice

Silver

Active Swing & Options Traders

Comprehensive weekly research calls & index setups

₹14,999/ month

Billed monthly · GST applicable

Get Started Now →

WHAT'S INCLUDED:

  • Daily Market Updates
  • 2–3 Weekly Research Calls
  • Index Option Research Call
  • Stock Option Research
  • Telegram Alert Notification
  • WhatsApp Support

SEBI Compliant Research

⭐ Most Popular

Gold

Derivative & Positional Traders

Deep technical, VPA & high frequency option research

₹39,999/ month

Billed monthly · GST applicable

Get Started Now →

WHAT'S INCLUDED:

  • Daily Market Updates
  • Stock Option Research
  • Index Option Research
  • Premium Research Reports
  • 3–4 Weekly Index Call Research
  • 3–4 Weekly Stock Option Call Research
  • Technical + Volatility Analysis Research
  • VPA Research
  • Telegram Alert Notification
  • WhatsApp Support

SEBI Compliant Research

👑 Complete Desk

Elite

Serious Traders & Full Desk Access

Institutional grade data, OI breakdown & educational mentorship

₹79,999/ month

Monthly subscription desk

Get Started Now →

WHAT'S INCLUDED:

  • Daily Market Updates with Data
  • Nifty & Bank Nifty Breakout Zone Analysis
  • Morning & Closing Bell Updates
  • Stock Option Research (1–2 calls)
  • 3–5 Weekly Index Detailed Research
  • Technical + Volatility Analysis Research
  • VPA Research
  • Option Chain & Open Interest Analysis
  • 1–2 Educational Sessions
  • Premium Research Reports
  • Premium Telegram Alert
  • Dedicated WhatsApp Support

SEBI Compliant Research

Detailed Feature Comparison

Compare all research deliverables side-by-side

DeliverablesStarter (₹5.9k/w)Silver (₹14.9k/m)Gold (₹39.9k/m)Elite (₹79.9k/m)
Daily Market UpdatesWith Data
High Conviction Research Calls2-3 Calls2-3 Weekly3-4 Index + 3-4 Stock3-5 Detailed
Entry, Target & SL Levels
Index Option Research×
Stock Option Research×
Technical & Volatility Analysis××
VPA (Volume Price Analysis)××
Nifty & Bank Nifty Breakout Zones×××
Option Chain & OI Analysis×××
Morning & Closing Bell Updates×××
Educational Sessions×××1-2 Sessions
Research Reports DeliveryStandardStandardPremiumInstitutional
Telegram AlertsStandardStandardPriorityPremium VIP
WhatsApp SupportStandardStandardPriorityDedicated 1-on-1
ONBOARDING

Ready to Invest with Structure?

Complete the registration form to request a callback. As required by SEBI, we will verify your contact details and send you our service agreements and fee structures before you subscribe.

RESPONSE TAT:

We typically contact you via phone or email within 1 working day.

COMPLIANCE REVIEW:

Every client must read the Risk Disclosures and complete KYC before subscribing.

Request Onboarding Callback

Frequently Asked Questions

Everything you need to know about our philosophy and methodology.

The Silver Plan is perfect for active equity traders, providing 3-4 high-conviction stock recommendations per week along with Nifty/Bank Nifty analysis. The Gold Plan includes everything in Silver, plus advanced F&O options buying strategies, institutional order flow analysis, and a 1-on-1 monthly strategy call.

Risk management is our absolute core priority. Every single trade recommendation comes with a strict, non-negotiable stop-loss and clear entry/exit targets. In our Gold Plan, we also provide advanced hedging strategies (spreads, credits, debits) to protect your capital during extreme market volatility.

Yes, Ashutosh Soni is a SEBI Registered Research Analyst (Reg. No. INH000025869) and is also NISM Series XV certified. We strictly adhere to all regulatory guidelines to ensure our research is unbiased, transparent, and completely conflict-free.

Not necessarily. Our swing trading and equity recommendations (Silver Plan) can be executed comfortably by retail investors with moderate capital. However, the advanced F&O strategies in the Gold Plan do require a larger capital buffer to meet exchange margin requirements and handle drawdowns safely.

All members get access to a private Telegram group for real-time live calls, chart setups, and market updates. Detailed reports may also be sent via email. Gold Plan members receive priority support and strategy assistance directly via WhatsApp.

Absolutely. You can start with the Silver Plan to experience our equity research and market analysis, and upgrade to the Gold Plan anytime you feel ready to explore F&O, institutional order flow, and 1-on-1 mentorship.

Compliance & Grievance Desk

SEBI Mandated Grievance Redressal: ACM Trade is committed to resolving all client grievances in a fair, transparent, and timely manner as per SEBI (Research Analysts) Regulations, 2014.

How to Submit a Grievance

  • Write to us at ashutosh22sony@gmail.com with subject: Grievance – [Your Name] – [Issue]
  • Include your registered mobile number and subscription invoice details.
  • Describe the issue clearly with supporting documents if any.
  • We will acknowledge your grievance within 2 working days.
  • Resolution will be communicated within 7 business working days.

Grievance Escalation Process

In case of any query, dispute, or complaint, please follow the structured regulatory escalation matrix below:

Level 1 — Internal Resolution

Email: ashutosh22sony@gmail.com | Phone: 6209878022

Resolution time: 7 business working days

Level 2 — SEBI SCORES

If not resolved within 21 days of filing with us, escalate to SEBI SCORES portal.

Website: scores.sebi.gov.in | SEBI Helpline: 1800 22 7575 (Toll Free)

Level 3 — SEBI SMART ODR

Online Dispute Resolution for securities market related disputes.

Website: smartodr.in

Types of Grievances We Handle

  1. Non-delivery or delayed delivery of research reports.
  2. Billing or payment processing related disputes.
  3. Quality or content of research reports.
  4. Suspected fraud or impersonation in our name.
  5. Privacy or client data handling concerns.
  6. Refund related issues.
  7. Any other service-related complaint.

What is NOT a Grievance

  1. Market losses on trades executed based on research (investment decisions are yours).
  2. Dissatisfaction with market performance of recommended stocks.
  3. Requests to reveal proprietary research scanning methodologies.

Important Regulatory Links

Investor Complaints Data

In accordance with SEBI circular SEBI/HO/IMD/IMD-II_DOF10/P/CIR/2021/671, the complaints data for ACM Trade is updated below by the 7th of every month. Last updated: August 07, 2026.

A. Monthly Complaints Status

Sr No.Received FromCarried ForwardReceivedResolved*Pending**Pending < 3 MonthsPending > 3 Months
1June 2026000000
2July 2026000000

*Resolved includes complaints resolved in the current month. **Pending complaints include those unresolved at the end of the month.

B. Annual Complaints Trend (Last 3 Years)

Sr No.Financial YearCarried ForwardReceived during yearResolved during yearPending at end of year
12023-240000
22024-250000
32025-260000

Standard Disclosures

1. About the Research Analyst

ASHUTOSH SONI is an Individual Research Analyst having its office at Badri Complex, 1st Floor, Panchmandir Road, Gaja Chowk, Motihari, PATNA, BIHAR, 845401.

ASHUTOSH SONI was registered with SEBI as an Individual vide Registration number INH000025869 on 10 APRIL 2026 pursuant to which it provides Research Analyst services to its clients.

2. About ASHUTOSH SONI – Education and Qualification

Mr. ASHUTOSH SONI holds M.COM along with NISM XV (Research Analyst Certification). With a strong analytical skill set and deep understanding of financial markets, he specializes in identifying investment opportunities and developing structured trading and investment strategies based on market dynamics.

3. Details of Business Activities

Mr. ASHUTOSH SONI provides investment recommendations based on both fundamental and technical analysis in the Indian equity markets, including segments such as cash, derivatives (F&O), and indices (NIFTY, BANKNIFTY, etc.).

He offers research-based insights, trading strategies, and market guidance to clients through various communication channels such as Telegram, WhatsApp, or other approved mediums, strictly in compliance with regulatory guidelines.

Research services may be offered to both free subscribers (if applicable) and paid clients. Clients opting for paid services are provided with structured research recommendations and advisory services upon payment of the prescribed subscription fees, in accordance with SEBI (Research Analyst) Regulations.

4. Disciplinary History

There are no outstanding litigations or disciplinary history against ASHUTOSH SONI.

5. Terms and Conditions on which Research Report is Being Issued

ASHUTOSH SONI has exercised due diligence in checking the correctness and authenticity of the information contained herein, so far as it relates to current and historical information, but does not guarantee its accuracy or completeness. The opinions expressed are based on our current research as of the date appearing in the material and may be subject to change from time to time without notice.

ASHUTOSH SONI does not accept any liability arising from the use of this document or the information contained herein. The recipients of this material should rely on their own judgment and take their own professional advice before acting on this information.

ASHUTOSH SONI shall not be in any way responsible for any loss or damage that may arise to any person/s from any inadvertent error in the information contained, views and opinions expressed in this publication.

6. Conflict of Interest & Ownership Disclosures

ASHUTOSH SONI or its associates, including relatives:

  • Do not hold any financial interest in the subject Company.
  • Do not have any actual/beneficial ownership of more than 1% in the subject company at the end of the month immediately preceding the date of publication or public appearance.
  • Do not have any other material conflict of interest at the time of publication of the research report.

7. Intermediary Affiliations

ASHUTOSH SONI or its associates are not affiliated with any other intermediaries or have received any brokerage or commission from any third party.

8. Compensation Disclosures

ASHUTOSH SONI or its associates have not received any compensation from the Company covered by Research Analyst during the past twelve months.

9. Public Offerings Management

ASHUTOSH SONI or its associates have not managed or co-managed public offering of securities of the Company during the past twelve months.

10. Employment & Market Making

ASHUTOSH SONI or its associates have not served as an officer, director or employee of the Company in the past 3 years and have not been engaged in the market making activity of the Company.

11. Data Authenticity & Investor Caution

ASHUTOSH SONI has ensured that the facts mentioned in the research report are taken from reliable sources and information. However, investors are advised to independently evaluate the market conditions and risks involved before making any investment decision.

Investor Charter for Research Analysts

A. Vision and Mission Statements for Investors

  • Vision: Invest with knowledge & safety.
  • Mission: Every investor should be able to invest in right investment products based on their needs, manage and monitor them to meet their goals, access reports and enjoy financial wellness.

B. Details of Business Transacted by the Research Analyst with Respect to the Investors

  • Publish research reports based on diligent research activities of the RA.
  • Provide independent, unbiased view on securities.
  • Offer unbiased recommendation, disclosing the financial interests in recommended securities.
  • Provide research recommendation, based on analysis, publicly available info and known observations.
  • Conduct annual audits and ensure compliance with SEBI advertisement codes.
  • Maintain proper records of interactions with all clients and prospective clients (prior to onboarding) where research service-related conversations have occurred.

C. Services Provided to Investors

  • Onboarding clients by explaining terms, services, and risk disclosure, and completing KYC for fee-paying clients.
  • Facilitating access to research reports via email or registered portal.
  • Ensuring confidentiality of research results prior to publication.
  • Disclosing information material to the client (including business activities, disciplinary history, risks, and potential conflicts of interest).
  • Distributing research reports and recommendations to clients without discrimination.
  • Disclosing the extent to which Artificial Intelligence (AI) tools are used in generating research services.
  • Timebound resolution of investor grievances (within 30 calendar days).

D. Grievance Redressal Mechanism & Timelines

If you have any grievance, approach the Research Analyst directly at ashutosh22sony@gmail.com or registered office: Badri Complex, 1st Floor, Panchmandir Road, Gaja Chowk, Motihari, PATNA, BIHAR, 845401. The analyst must resolve it within 30 calendar days.

If unsatisfied with the resolution, you may escalate your grievance to SEBI via the SCORES 2.0 portal (scores.sebi.gov.in) or the SMART ODR portal (smartodr.in).

Physical complaints can also be sent directly to SEBI: 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.

E. Expectations from Investors (Do's and Don'ts)

Do's:

  • Deal only with SEBI-registered Research Analysts (verify registration number on SEBI site).
  • Check the SEBI registration certificate and validity details.
  • Read disclaimers and disclosures carefully before making investment choices.
  • Pay subscription fees only through authorized banking channels (NEFT/RTGS/IMPS/UPI) and maintain receipts.
  • Ensure that you provide complete and accurate information during onboarding.
  • Ask questions and clear all doubts with the RA regarding their recommendations before acting on them.
  • Report misconduct to SEBI if an RA promises assured or guaranteed returns.

Don'ts:

  • Do not pay any cash or cash-equivalents to the Research Analyst.
  • Do not share secure login credentials (PINs, passwords, OTPs) with anyone.
  • Do not sign blank documents or accept guaranteed returns / profits.
  • Do not deal with unregistered intermediaries.
  • Do not act on suggestions or messages received on unverified social channels (Telegram/WhatsApp channels).
  • Do not provide funds to the Research Analyst for investment purposes (RAs provide research; they do not manage capital).
  • Do not fall prey to luring advertisements, market rumors, or promises of limited-period discounts/incentives.

Terms & Conditions

Research Analyst - MITC (SEBI Registration No. INH000025869)
By accessing or using acmtrade.in ("the Website"), you agree to be bound by the following Terms & Conditions and Privacy Policy. If you do not agree, please discontinue use of the Website.

1. Acceptance of Terms

Continued use of this Website constitutes acceptance of these Terms & Conditions. If you disagree with any part of these terms, please stop using the Website immediately.

2. Use License

Content on this Website is licensed for personal, non-commercial, transitory viewing only.

  • You may not modify or copy the materials.
  • You may not use the materials for commercial purposes or public display.
  • You may not reverse-engineer or decompile any software on the Website.
  • You may not remove copyright or proprietary notices from the materials.
  • You may not transfer or "mirror" the materials on any other server.

3. Disclaimers & Disclosures (SEBI Compliance)

  • Investment in the securities market is subject to market risk. Read all related documents carefully before investing.
  • Market risk refers to possible partial or permanent loss of your investment under certain market conditions.
  • SEBI registration and NISM certification do not guarantee performance or assure returns.
  • We do not promise or guarantee any returns.
  • Subscription fees, once paid, are non-refundable.
  • Risk management and position sizing are the sole responsibility of the investor.
  • Recommendations are shared via Telegram or WhatsApp.
  • ASHUTOSH SONI is a SEBI-registered Research Analyst (not an Investment Adviser) – Registration No. INH000025869, dated 10 April 2026.

4. Limitation of Liability

ASHUTOSH SONI and its associates shall not be liable for any damages, financial or otherwise, arising from the use of or inability to use information communicated through the Website.

5. Revisions & Accuracy

Website content may contain technical or typographical errors. Accuracy, completeness, or timeliness of the material is not guaranteed. Content may be updated or changed at any time without prior notice.

6. Third-Party Links

Linked external sites are not reviewed or endorsed by us. Use of any third-party linked website is entirely at your own risk.

7. Modifications to Terms

These Terms of Use may be revised at any time without prior notice. Continued use of the Website implies acceptance of the then-current Terms.

8. Removal of Links

Report any objectionable link to us for review. We will consider removal requests but are not obligated to act on or respond to them. We do not warrant the ongoing availability, accuracy, or completeness of Website content.

9. Reservation of Rights

We may request removal of links to our Website, and you agree to comply promptly. We reserve the right to amend these terms and our linking policy at any time.

10. Governing Law

These Terms shall be governed by the laws of India, without regard to conflict-of-law provisions.

11. Privacy & Data Security

We collect non-personally-identifying data (browser type, language, referring site, visit date/time). IP addresses may be collected for security purposes. Personal information is never sold or rented to third parties. Data is shared only with employees/associates who need it to deliver our services, under confidentiality. Registered users may receive updates via email, WhatsApp, or Telegram.

12. Cookies

Cookies are used to identify visitors and improve website experience. Visitors may disable cookies in browser settings; some features may not function properly as a result.

13. Changes to Policies

Policies may be updated periodically at our discretion. Continued use of the Website after changes constitutes acceptance of the revised policies.

Privacy Policy

SEBI Registered Research Analyst No. ASHUTOSH SONI - INH000025869
Your privacy is very important to us. Accordingly, we have developed this Policy in order for you to understand how we collect, use, communicate, disclose, and make use of personal information.

General Privacy

Like most websites, ASHUTOSH SONI collects non-personally-identifying information of the sort that web browsers and servers typically make available, such as the browser type, language preference, referring site, and the date and time of each visitor request.

acmtrade.in also collects potentially personally-identifying information like Internet Protocol (IP) addresses for security reasons. ASHUTOSH SONI does not disclose personally-identifying information other than as described below. Visitors can always refuse to supply personally-identifying information, with the caveat that it may prevent them from engaging in certain website-related activities.

Protection of Certain Personally-Identifying Information

ASHUTOSH SONI discloses potentially personally-identifying and personally-identifying information only to those of its employees, contractors, and affiliated organizations that:

  • Need to know that information in order to process it on ASHUTOSH SONI's behalf or to provide services available at our website.
  • Have agreed in writing not to disclose it to others.

ASHUTOSH SONI will not rent or sell potentially personally-identifying and personally-identifying information to anyone.

If you are a registered user of the website and have supplied your email address or phone number, ASHUTOSH SONI may occasionally send you messages to tell you about new features, solicit feedback, or keep you up to date with research services. All measures reasonably necessary are taken to protect against unauthorized access, use, alteration, or destruction of personally-identifying data.

Cookies

A cookie is a string of information that a website stores on a visitor's computer, and that the visitor's browser provides to the website each time the visitor returns. ASHUTOSH SONI uses cookies to identify and track visitors, their usage of the website, and their website access preferences.

Visitors who do not wish to have cookies placed on their computers should set their browsers to refuse cookies before using the website, with the drawback that certain features may not function properly without the aid of cookies.

Privacy Policy Changes

Although most changes are likely to be minor, ASHUTOSH SONI may change its Privacy Policy from time to time at its sole discretion. Visitors are encouraged to frequently check this page for any changes. Your continued use of this site after any change will constitute your acceptance of such change.

Refund Policy

ACM TRADE & RESEARCH
(As per SEBI (Research Analyst) Regulations, 2014, as amended) | www.acmtrade.in
This Refund Policy applies to all subscription/advisory services offered by ASHUTOSH SONI, SEBI Registered Research Analyst (Reg. No. INH000025869), trading as ACM Trade.

1. General Rule

Fees once paid towards research services are non-refundable, except in the specific circumstances stated below.

2. Circumstances Where Refund May Apply

  • Duplicate Payment: Duplicate payment made by the client for the same subscription/service.
  • Non-Delivery of Service: Service not delivered due to reasons directly attributable to ACM Trade.
  • Payment Gateway Error: Technical or payment gateway error resulting in an incorrect or excess charge.
  • Regulatory Action: Suspension of SEBI registration for more than 60 (sixty) days, or cancellation of registration – residual/pro-rata fee for the unexpired subscription period will be refunded.

3. Non-Refundable Cases

  • Change of mind after subscription activation.
  • Losses arising from market conditions, client’s own trading/investment decisions, or non-adherence to recommendations.
  • Partial usage of an active subscription period.
  • Any fee paid outside the official ACM Trade payment channel or bank account.

4. Refund Process

  • Refund requests must be raised in writing via email to ashutosh22sony@gmail.com, with proof of payment and reason for request.
  • Eligible refunds, once approved, will be processed within 7–10 business days to the original mode of payment.

5. Grievance Redressal

  • Genuine complaints will be acknowledged and resolved within 7 business working days, as per SEBI RA Regulations.
  • If unsatisfied, clients may lodge a complaint on SEBI SCORES: https://scores.sebi.gov.in
  • If still unresolved, clients may approach the SEBI ODR Portal: https://smartodr.in

6. Policy Amendments

This Refund Policy may be revised at any time to remain aligned with SEBI regulations, and the updated version will be published on this Website.

Investment in securities market is subject to market risk. SEBI registration and NISM certification do not guarantee performance or assure returns.

Mandatory Regulatory Disclaimer

Disclaimer – ASHUTOSH SONI – SEBI Registered Research Analyst – Reg. No. INH000025869

  • Market Risk: Investments in the securities market are subject to market risks. Read all the security-related documents carefully before investing.
  • Registration & Certification: Registration granted by SEBI, membership of a SEBI recognized supervisory body (if any), Enlistment with RAASB/BSE, and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
  • Non-Refundable Policy: Subscription paid for Research recommendations is non-refundable unless our registration is suspended or canceled by SEBI.
  • No Assured Returns: There are no guaranteed returns or profits or fixed returns in the stock market.
  • Fixed Fee Model: Our fees/subscription charges are fixed and we do not operate on any profit-sharing model.
  • No Fund Management: We do not manage your funds. You have to take entries and exits in your own trading/demat account.
  • No Inducement: There is no inducement. We are not responsible for any financial loss or any other loss incurred by the client.
  • Risk Profile: Invest and trade only as per your risk appetite and risk profile.
  • Past Performance: Past performances and results are no guarantee of future performance. Market and Stock performance may vary based on various factors and risks.
  • Confidentiality: All recommendations shared are confidential and for the reference of paid members only. Any unapproved distribution of sensitive data will be considered as a breach of confidentiality and appropriate legal action shall be initiated.
  • Not Investment Advice: The recommendations must not be used as a singular basis for any investment decision. The views do not consider the risk appetite or the circumstances of an individual investor; readers are requested to take professional advice before investing and trading. Our recommendations should not be construed as personal investment advice.
  • Analysis Methodology: Our recommendations may be based on Technical analysis, Fundamental analysis, or a combination of Technical and Fundamental methodologies.
  • No Financial Interest: The research analyst or research entity or his associate or his relative does not have a financial interest in the subject company.
  • Ownership Threshold: The research analyst or its associates or relatives do not have actual/beneficial ownership of one percent or more securities of the subject company, at the end of the month immediately preceding the date of publication of the research report or the date of the public appearance.
  • No Material Conflicts: The research analyst or his associate or his relative does not have any other material conflict of interest at the time of publication of the research report or at the time of public appearance.
  • No Public Offering Involvement: The research analyst or its associates have not managed or co-managed the public offering of securities for the subject company in the past twelve months.
  • No Third-Party Compensation: The research analyst or its associates have not received any compensation or other benefits from the subject company or third party in connection with the research report.
  • No Market Making: The research analyst has not been engaged in the market-making activity for the subject company.
  • No Directorships: The research analyst has not served as an officer, director, or employee of the subject company in the past 3 years.
  • Independent Preparation: The research analyst did not receive any compensation or other benefits from the companies mentioned in the documents or third parties in connection with the preparation of the research documents. Accordingly, the Research Analyst does not have any material conflict of interest at the time of publication of the research documents.