Financial Independence Services SEBI Registered Research Analyst
Admin Talk to us
neha_0103neha_01031.5 lakh+followers on MoneycontrolView profile →
Research plans

Written research,
every session.

Defined entry, exit and stop-loss — published in writing, by a desk of five analysts. Start with a week, or take the full spectrum.

Covers Intraday · Swing · BTST · Positional · Commodity · F&O · long-term research

SEBI Registered RAReg. No. INH0000210585 research analystsOn the desk8+ yearsIn the marketQuoted inThe Economic Times
4.3★★★★★★★★★★out of 5, from 324 Google reviewsRead them →
Trial · one week
Weekly Trial Pass

See how the desk works before committing to a month.

₹999for 7 days
Early Bird price — first 10 users only
  • One intraday call every trading day, with entry, stop-loss and target
  • Tradeable in equity, futures or options — take it in whichever segment suits you
  • Sent in writing, not as a verbal call
  • Ends after seven days unless you choose to continue
Pay ₹999 & start Ask a question on WhatsApp Plus 18% GST. KYC is completed before research begins.
Early Bird · first 10 clients
FIS Spectrum

For traders working across more than one segment.

₹11,999per month
Early Bird price — first 10 users only
  • Research notes every session, with defined entry, exit and stop-loss
  • All five segments — intraday, BTST, swing, commodity, investment
  • Live updates when a level changes during the session
  • Direct access to the analysts for your questions
Pay ₹11,999 & start Talk to us about Spectrum Plus 18% GST. KYC is completed before research begins.
5Research analysts
5Market segments
8 yrsIn the market
SEBIRegistered RA
What you receive

What exactly will I receive?

Every Spectrum research note is written to the same structure, whichever segment it belongs to.

01InstrumentThe stock, index or commodity the note covers.
02Buy or sellThe direction, stated plainly — no hints, no hedging.
03Entry rangeA price band to act in, not a single unrepeatable number.
04Stop-lossDefined before entry, on every note, without exception.
05TargetsThe levels we are watching to book the move.
06RationaleThe technical or fundamental reasoning the note rests on.
07UpdatesA fresh message if a level changes during the session.
08ExitWe tell you when the idea is closed — whether it worked or not.

Notes are delivered in writing. Research is analysis, not a guarantee of outcome — a stop-loss can be hit and a target can be missed. Investment in securities market are subject to market risks.

Press coverage

Quoted in
The Economic Times

Ankit Chaudhary, Co-Founder, is quoted by The Economic Times on daily breakout and breakdown moves — multiple articles so far.

The Economic TimesBreakout stocks: Dalmia Bharat, SRF and JK Lakshmi Cement at fresh 52-week highsRead →The Economic TimesBreakout stocks: HDFC Bank tops ₹15 lakh cr m-cap; JK Cement, Kotak Bank at record highsRead →The Economic TimesBreakdown stocks: Orchid Pharma, Everest Industries and Jai Corp at a 52-week lowRead →The Economic TimesBreakdown stocks: Tata Elxsi, UCO Bank and Punjab & Sind Bank at a 52-week lowRead →The Economic TimesBreakout stocks: Kotak Mahindra Bank, ICICI Bank and Bajaj Finance at a 52-week highRead →The Economic TimesBreakdown stocks: IndusInd Bank, Birlasoft and Yes Bank at fresh 52-week lowsRead →The Economic TimesBreakdown stocks: RIL, Asian Paints and Bajaj Auto at fresh 52-week lowsRead →The Economic TimesBreakdown stocks: Apollo Tyres, Tata Motors and Adani Green at fresh 52-week lowsRead →The Economic TimesBreakdown stocks: SBI, IRCTC and NTPC at fresh 52-week lowsRead →The Economic TimesBreakdown stocks: Varun Beverages, Tata Motors and Godrej PropertiesRead →The Economic TimesBreakout stocks: SRF, M&M and Bajaj Finance at record highsRead →The Economic TimesBreakout stocks: Biocon and BSERead →The Economic TimesBreakout stocks: Adani Power, Adani Energy and Adani Total GasRead →The Economic TimesBreakout stocks: HDFC Bank, Praj Industries and Kaynes TechnologyRead →The Economic TimesBreakout stocks: Wipro, Coforge and Federal BankRead →The Economic TimesBreakout stocks: Aditya Birla Sun Life AMC and Suven PharmaRead →

Headlines and links belong to The Economic Times. Coverage is editorial comment on market moves and is not a recommendation by FIS. Investment in securities market are subject to market risks.

Coverage

The five segments

Different markets move on different clocks. Each gets its own research, on the same rules.

01

Intraday

Same-day research notes, published before the open.

02

BTST

Overnight positional research with defined levels.

03

Swing

Multi-day positional research for slower setups.

04

Commodity

Research beyond equities, on the same process.

05

Investment

Longer-horizon research for capital you intend to hold.

About us

Structured research by a
SEBI Registered Research Analyst

Financial Independence Services team
2017Advisory journey began

Financial Independence Services operates as a SEBI registered research analyst, focused on structured, research-based market insight for traders across India. Since our early advisory journey in 2017 and research analyst registration in 2025, the priority has stayed the same: clarity over noise, discipline over emotion, planning over impulse.

Our work suits traders who want a process-oriented approach, with an emphasis on risk control, analysis and continuous learning. Each research note is backed by methodical study, combining technical and fundamental frameworks with strategies that are revised as market conditions change.

  • SEBI registered Research Analyst since 2025 · Reg. No. INH000021058
  • Covers intraday, swing, BTST, positional, commodity, F&O and long-term research
  • Technical and fundamental analysis, with back-tested strategies
  • Focused on risk control, clarity and responsible communication

Our mission

To give traders structured, disciplined and SEBI-compliant research that builds long-term financial clarity and confidence.

Our vision

To be a research desk traders rely on — known for integrity, discipline and data-driven market insight.

The desk

Who writes the research

Ankit Chaudhary
Ankit ChaudharyCo-founder & Principal OfficerCovers futures, results-based swing trades and investment ideas. Quoted by The Economic Times on daily breakout and breakdown moves.
Neha Arora
Neha AroraResearch Analyst, EquityPublishes as neha_0103 on Moneycontrol, followed by over 1.5 lakh members.
Lalit Arora
Lalit AroraCo-founder & Compliance OfficerCovers equity research around company results. Responsible for compliance with SEBI’s research analyst regulations.
Mayank Mongia
Mayank MongiaResearch Analyst & Head of Research SystemsCovers the options segment, and runs the desk’s technology and compliance workflow.
Kanchan Arora
Kanchan AroraResearch Analyst, Commodities & SwingCovers the commodity segment and swing calls.
What clients say

4.3 on Google, across 324 reviews

4.3
★★★★★
324 Google reviewsRead all on Google →

Profits and losses are part of the journey, but I’ve never considered switching to another advisory. Even on loss days, they put in extra effort…

Anuhar · Google

I’ve tried several advisories before, but FIS is different. They don’t promise magic returns — they focus on logic, data, and psychology…

smriti · Google

I came to FIS after facing huge losses with fake telegram channels… what I value more is their honesty — they share both wins and losses transparently.

rishabh verma · Google

Unlike many others in the market, they don’t overpromise — rather, they guide with discipline and realistic targets…

Yoginder Yadav · Google

…the team is always helpful and easy to talk to. They really care about their clients and explain everything in a way that’s easy to understand.

Navneet Kaur · Google

…They explain things clearly and give constant support. Packages are flexible according to our budget. Very reliable and trustworthy team.

Shreya Sinha · Google

…The team is very supportive and helps even small investors. I am fully satisfied with their service.

Anil Kumar Jha · Google

…they provide different packages, we can select package wrt our capital and time. Its very genuine chanel.

Rajesh Mandapati · Google

…They are focused in technical analysis and get the market nerve quickly. Good thing is that they work continuously on feedback…

Parul Bindal · Google

Quoted from reviews clients published on Google. They are their own opinions. Quotes are shortened where marked … and are never reworded; the full reviews are on our Google profile. Client experience varies and is not indicative of future results. Investment in securities market are subject to market risks.

Questions

Before you subscribe

The things people ask us most often, answered plainly.

Is FIS registered with SEBI?

Yes. Financial Independence Services is a SEBI Registered Research Analyst, Reg. No. INH000021058, with BSE Enlistment No. 6798 and membership of BASL. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance or provide any assurance of returns.

What do I actually receive after subscribing?

Written research notes published each trading session, with a defined entry, stop-loss and target on every idea. Spectrum covers intraday, BTST, swing, commodity and investment ideas, with updates when a level changes during the session, and direct access to the analysts for your questions.

Do you guarantee profits or assured returns?

No, and no SEBI Registered Research Analyst is permitted to. Investment in securities market are subject to market risks. Losses are possible on any idea we publish. If anyone offers you a guaranteed return or offers to make good your losses, that is not permitted under SEBI’s rules.

Do you place trades or handle my money?

No. We are a research analyst, not a broker and not a portfolio manager. We publish research; every decision and every trade is yours. We never take custody of your funds, and we will never ask for your broker login, password or OTP.

How is the free Telegram channel different from Spectrum?

The free channel carries general market commentary and learning posts, open to everyone at no cost. It is general information, not a recommendation. Spectrum is the paid research service: detailed notes with levels, intraday updates and analyst access.

What is the difference between the ₹999 trial and Spectrum?

The trial runs seven days and gives you one intraday idea each trading day, so you can see how the desk works. Spectrum is monthly and covers all five segments, every session.

Is KYC required?

Yes. KYC is completed before research begins, as SEBI requires for research analyst clients. It takes a few minutes and is done once.

How do I pay, and is GST included?

Only through the official payment links on this page. All fees shown are exclusive of 18% GST. We never ask for payment into a personal account or a UPI ID sent over chat — if you receive such a request, it is not from us.

How much capital do I need?

It depends on which segment you trade and how you size positions. Tell us what you trade and roughly what capital you work with, and we will point you to the right plan — or tell you honestly if none of them fit.

Can I speak to someone before paying?

Yes. Message us on WhatsApp or call +91 88820 81067 and ask whatever you need to. We would rather answer your questions first than have you subscribe to the wrong plan.

Start with a conversation

Tell us what you trade and roughly what capital you work with. We'll point you to the right plan — or tell you honestly if none of them fit.

Free Telegram channel Market updates, learning posts and desk commentary — open to everyone, no fee. This is general information, not a recommendation, and it is separate from the paid research plans above.
Reg. No. INH000021058  ·  BSE Enlistment No. 6798  ·  Ground Floor, 1/239, Subhash Nagar, New Delhi 110027
Financial Independence Services
SEBI Registered Research Analyst · Reg. No. INH000021058 · BSE Enlistment No. 6798
Ground Floor, 1/239, Subhash Nagar, New Delhi 110027 · support@financialindependence.co.in · +91 88820 81067
Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
All fees are exclusive of 18% GST.
7-Day Trial ₹999START NOW