For SEBI-registered Research Analysts in India
Recommendation software for SEBI Research Analysts
Write a call the way RAs actually write them: buy 1382 to 1385, stop 1360, T1 1410, T2 1440. Aktai stores each level in its own field, refuses a call that makes no sense, asks for the rationale before it saves, and puts the SEBI caution notice on every F&O call.
Included on: All plans
What it does
- Equity and F&O calls with an entry range, a stop loss and up to three targets.
- Impossible levels are refused: an entry range upside down, T2 without T1, or targets that run the wrong way for a buy or a sell.
- A rationale is required: at least 20 characters, or a link to the research note behind the call.
- A fixed SEBI caution notice goes on every F&O call, and no one can edit or remove it.
- Plan-based access by segment: a call goes only to clients whose plan includes that segment (equity, stock F&O, index F&O or commodity).
- Staff draft calls and the RA approves them. Every send is recorded per client: the exact text, the channel and what happened to it.
How it works
Pick the stock and the side
Open New call, choose the stock or the F&O contract, buy or sell, and the segment.
Set the levels
Enter the entry range, stop loss and T1 to T3. Aktai checks them as you type and refuses a set that cannot be right.
Say why
Write the rationale or link the research note. A call with no reason is not saved.
Approve and send
The call goes out on WhatsApp, Telegram and email to clients entitled to that segment, and each send is logged.
Before and after
| Task | By hand | With Aktai |
|---|---|---|
| Writing the levels | Free text in a chat. A typo in a target goes straight to clients. | One field per level. Targets in the wrong order are refused. |
| Rationale | Often skipped on a busy morning. | Required before the call is saved. |
| F&O risk notice | Pasted by hand, sometimes forgotten. | Added to every F&O call. Nobody can remove it. |
| Who receives it | Broadcast to everyone on the list. | Only clients whose plan covers the segment. |
| Proof of what was sent | Screenshots of chats. | Per-client record of the text, channel and outcome. |
The SEBI rule behind it
- RA Regulations 2014, Reg 20(4) and Reg 25(1)(iii)
- Every recommendation carries its rationale, and the firm keeps that rationale on record.
- RA Master Circular (6 Feb 2026), Annexure I, FAQ 36
- A timestamped chart on its own is not enough as a rationale.
- RA Master Circular (6 Feb 2026), Annexure D, section C
- The investor charter promises clients clear guidance and a caution notice on complex and high-risk financial products.
Summaries in plain words, not the legal text. SEBI amends its rules and circulars, so check the current version on sebi.gov.in before you rely on any of this. Aktai is the software and the record. Compliance stays with you as the registered Research Analyst. This is not legal advice.
What it does not do
- The rationale check counts characters and looks for a linked note. It cannot judge whether your reasoning is sound. That stays with you.
- Aktai shows no call performance on any public page, and neither does this one.
Frequently asked questions
Can I give an entry range instead of one price?
Yes. Enter both ends, for example 1382 to 1385. Aktai stores both and refuses a range where the upper price is below the lower one.
How many targets can a call have?
Up to three. T2 needs T1 and T3 needs T2. On a buy each target must be higher than the one before it, on a sell lower.
What counts as a rationale?
At least 20 characters of reasoning, or a link to the research note the call comes from. A single word such as "breakout" is too short and the call is refused.
Do F&O calls carry a warning?
Yes. Every F&O call carries a fixed SEBI caution notice. It is added at send and no one at the firm can edit or remove it.
Can my research staff send calls?
Staff can draft a call. It goes out only after the RA approves it, and the approval is recorded.
Will Aktai publish my track record?
No. Aktai shows no call performance on public pages. SEBI restricts past performance claims, and the firm owns that decision.
Related features
Run your research desk on Aktai
Open to SEBI-registered Research Analysts. Pick a plan on the pricing page and sign up online.