The Baniya's Approach to the Markets.
Independent, SEBI-registered research for investors who prefer evidence over excitement.
No tips.No hype.No assured returns.Just the thesis, the data, and the discipline.Just the thesis, the data, and the discipline.
- SEBI Registration · INH000025993
- BSE Enlistment · 7109
- NISM-XV Certified
- Markets are subject to risk
- Past performance is not indicative of future returns
- Research is not advice
- Read all disclosures before investing
- Verify SEBI registration on sebi.gov.in
- No tips · no hype · no assured returns
हमारा कामHow we work
Research you can follow.
We study companies and markets, then send you the full reasoning. You make the decision.
Full reasoning, not tips.
Every idea comes with the numbers, the risks and what could go wrong. No one-line buy or sell calls.
Patient, not reactive.
We think in weeks and months, not minutes. No panic alerts.
Honest about AI.
AI helps us research faster. Nitish Goyal checks and signs off every note himself.
सेवाएँPlans
Simple monthly plans.
SEBI caps research fees at ₹1,51,000 a year per family. Ours are a small fraction of that.
Weekly research
Baniya's Edge
₹599/ month
≈ ₹7,188 / year · monthly billing
- Weekly research notes (ideas for the next 1–4 weeks)
- Monthly model portfolio update
- Pre-market notes, 3 times a week
- Delivered on email and WhatsApp
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- Results-season coverage of the companies we track
- Full archive of past notes
For serious investors
Baniya's Insider
₹999/ month
≈ ₹11,988 / year · monthly billing
- Everything in Edge
- Monthly deep-dive on one sector
- Quarterly results previews and reviews
- One live Q&A session a month
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- Priority email reply (within 24 working hours)
- Yearly outlook (January) and half-yearly review (July)
One-time course
Master the Charts
Coming Soon
Launching soon · register interest
- Six-week live course in Hinglish
- How to read price charts
- How to manage risk
- Keeping a trading journal
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- Lifetime access to recordings
Register InterestAn educational course — not a research subscription.
Free WhatsApp community
Market lessons and commentary. Educational only — not research advice, and joining doesn't make you a client.
Family Office research
Custom research for families. Fees set case by case, within SEBI's cap.
Pay by bank transfer or UPI — never cash. Pay monthly, or up to one year ahead; if you stop, unused months are refunded. No GST is charged. Full terms
सहायकAI research assistant
Equity Muni.
Now live
Our sister product, run by Nitish Goyal. It explains companies in plain language — the good case, the bad case and the key risks — to help with your own research.
Try Equity Muni (opens in a new tab)AI insights support your research; they are not recommendations. Every Trading Baniya note is checked and signed off by Nitish Goyal, the SEBI-registered Research Analyst.
परिचयMeet the analyst
Nitish Goyal.
SEBI-registered Research Analyst (INH000025993), enlisted with BSE (7109) and NISM-certified. I have studied and invested in Indian markets for over 8 years.
I read company filings, build financial models and listen to results calls — then write down the reasoning, including where it could go wrong.
I don't run tip groups. I don't promise returns. I never handle your money.
सुरक्षाYour protection
Your protection.
No complaints since we registered in April 2026.
Published monthly. Data to September 2026, checked 06 October 2026. See the table
If something goes wrong
- Write to Nitish Goyal at support@tradingbaniya.com. We resolve it within 7 working days (at most 21 days).
- Not happy with the answer? Complain to SEBI on SCORES (opens in a new tab).
- Still unresolved? Use SMART ODR (opens in a new tab), SEBI's online dispute resolution.
संपर्कGet started
Get started.
How to subscribe
- Email us the plan you want, with your name and phone number.
- Read the terms we send you. Nothing starts until you agree.
- Complete KYC — a quick identity check that SEBI requires.
- Pay by bank transfer or UPI. Never cash. You get a receipt.
Nitish Goyal
Research Analyst · Compliance Officer · Grievance Officer — Trading Baniya (Proprietor)
+91 79739 09683support@tradingbaniya.com
SCO 17, Opposite Balaji-II, Lohgarh Road, Patiala Road, Zirakpur, Punjab – 140603