Trust · Methodology · Editorial Policy
The Positional Calls research methodology explains where every number comes from, how it is checked, how pages stay current and what we will never publish.
Quick answer
The Positional Calls research methodology has one rule: every number comes from a primary source such as NSE, BSE, SEBI, RBI or the company filing, is checked before publishing and carries an IST time stamp. We publish no buy or sell calls, targets or tips. PositionalCalls is independent and not SEBI registered.
Latest update (25 October 2026, 11:45 PM IST): The Positional Calls research methodology page was rebuilt. It now sets out our source hierarchy, the 7-step verification process, update and corrections rules, how we use AI tools and how the site earns money.
Key takeaways
- Sources: the Positional Calls research methodology puts primary documents first, such as exchange filings, SEBI and RBI releases, RHP or DRHP and company results.
- Checks: a 7-step process; a figure that cannot be verified is hedged as “as reported” or removed.
- Time: volatile figures carry an “as of” time in IST and updates are logged on the same page.
- Limits: no buy, sell or hold calls, no targets, no stop-loss or intraday tips.
- Accountability: a named founder, a corrections process and an open statement of how the site earns.
In plain words: this page is our rulebook, the Positional Calls research methodology. If any article on PositionalCalls breaks a rule written here, that is an error, and we want it reported.
Data note: this page describes the Positional Calls research methodology and contains no market data. It was last changed on 25 October 2026, 11:45 PM IST. Examples of the methodology in action are linked in the sections below.
1. What is the Positional Calls research methodology?
The Positional Calls research methodology is the written set of rules we follow to choose a topic, collect data, verify it, publish it and keep it current. It exists so that a reader can check any figure on PositionalCalls.com against the original document instead of taking our word for it.
Behind the Positional Calls research methodology sits an internal framework called the PositionalCalls Institutional Publishing System (PIPS). PIPS fixes four things before a page is written: one clear purpose per page, one URL per event, a stable core of explanation, and time-stamped updates instead of silent rewrites.
Why the Positional Calls research methodology is public
Finance content is a high-stakes area. Readers decide about their own money, and Google treats such pages with extra care. Publishing the rules lets readers and search engines judge our work by a standard we have stated in advance. If a page falls short of it, the fault lies with the page, not the standard.
2. Who is behind PositionalCalls and who is it for?
PositionalCalls.com is an independent Indian stock market research and education site founded by Shubham Chaudhary. It is written for retail investors in India. It is not registered with SEBI as an investment adviser or research analyst, which is why every page is educational and none is personal advice.
The Positional Calls research methodology applies to every page. We write in simple English, show money in rupees (crore and lakh), use NSE and BSE as the market reference, and give every time in Indian Standard Time. Every page belongs to exactly one of seven sections.
| Section | What it covers | Typical primary sources |
|---|---|---|
| News | Sensex and Nifty moves, FII and DII flows, RBI, Budget, SEBI circulars, corporate actions, holidays, calendars | NSE and BSE circulars, RBI and SEBI releases |
| Earnings | Results dates, previews with the base to beat, results analysis, segment reading | Company results filings and investor presentations |
| IPO | Price band, lot size, dates, quota, subscription, anchor investors, allotment, listing | RHP or DRHP, exchange subscription pages, registrar |
| Banking | Banks, NBFCs and small finance banks: margins, asset quality, credit growth, RBI rules | Bank results, RBI data and circulars |
| Insurance | Life, general and health insurers; premium growth, solvency, claims, IRDAI rules; personal-finance insurance guides | IRDAI documents, insurer disclosures, product documents |
| Sector Outlook | Sector comparisons without forecasts or targets: energy, IT, auto, pharma, metals, consumption | Company filings, ministry and regulator data |
| Learning | Evergreen explainers such as P/E, ROE, GMP, ASBA, allotment checks, tax on shares, demat basics | SEBI, depository, Income Tax Department and AMFI documents |
3. Where does every number on PositionalCalls come from?
Under the Positional Calls research methodology, every figure comes from the highest-quality source available for that figure. We rank sources in three tiers, and a lower tier is never allowed to overrule a higher one.
| Tier | What it includes | How we use it |
|---|---|---|
| Tier 1: Primary | NSE and BSE filings and circulars; company results and press releases; RHP, DRHP and prospectus; registrar pages; SEBI, RBI, IRDAI, AMFI and Income Tax Department documents; NSDL and CDSL circulars | The source of every headline number. Linked in the Sources list of the page. |
| Tier 2: Reliable secondary | Reuters, Bloomberg, PTI, major business dailies and named broker research notes | Context and cross-checks. Named in the text and never treated as the final word. |
| Tier 3: Aggregators and trackers | IPO-data sites, GMP trackers, blogs and social media | Leads only. Never enough alone for a hard fact; shown as “as reported” with the tracker named. |
If a number is not officially disclosed, we say so in plain words and give the date on which we checked. We do not estimate, extrapolate or invent a number to fill the gap.
You can see this tiering at work in our capital gains tax on shares guide, where tax rates and limits are tied to Income Tax Department documents, and in our demat account charges guide, where charge components are tied to depository and SEBI documents.
4. How does PositionalCalls verify data before publishing?
The Positional Calls research methodology puts every article through the same seven steps. A figure that fails any step is hedged in reader-facing words, such as “as reported by” or “not confirmed as of” with a date, or it is left out.
- Find the primary document. We open the filing, circular, RHP or regulator release itself. If it cannot be opened, every figure from it is treated as lower-tier.
- Copy from the source, not a summary. Each figure is taken from the original table or paragraph, with its unit and date.
- Cross-check. We compare it with at least one independent source and note any gap between the two.
- Recompute derived numbers. Growth rates, margins, yields, lot values and costs are calculated by us from the source figures.
- Test consistency. Quota shares must add up, lot size multiplied by price must equal the minimum bid, and a weekday must match its date.
- Check units and periods. Crore is not mixed with lakh, shares with lots, or one quarter with another year.
- Time-stamp and publish. Volatile figures get an “as of” time in IST, and the Sources list names the documents used.
Here is the consistency step with illustrative numbers, not market data. If an IPO has a lot of 10 shares and a top price band of ₹100, the minimum retail bid must be 10 × ₹100 = ₹1,000. If a source shows a different amount, one of the figures is wrong and we go back to the RHP before publishing.
What a reader can check on any page
- An “Updated” time in IST near the top of the page
- “As of” times next to prices, subscription, GMP, index levels and results dates
- Primary-source links in the Sources list
- The phrase “my calculation” wherever we derived a number ourselves
- Words such as “reported”, “provisional” or “not confirmed as of” where a figure is not final
5. How do we treat unofficial data such as GMP and subscription trackers?
The Positional Calls research methodology treats unofficial data differently from official data. Some data that readers search for most is not official. We still cover it, because readers will find it anyway, but we label it clearly and never present it as a promise.
| Data type | Official? | How we show it |
|---|---|---|
| Grey market premium (GMP) | No. It is an unofficial grey-market indication. | Tracker named, time given, labelled “as reported”, never described as a listing-price forecast. |
| Live subscription numbers | The exchange figure is official; trackers can differ. | Exchange figure used as final. If trackers disagree, we may show the range and say the exchange figure prevails. |
| Analyst or consensus estimates | No. They are opinions. | Mentioned only when sourced and named. We never invent a consensus. |
| Tax rates, charges and thresholds | Official, but they change. | Taken from the rule or circular, dated, and marked “check the current rules”. |
Our Jio Platforms IPO GMP page follows this approach: the figure is attributed to a tracker with a time, and the page explains that GMP can move and is not guaranteed.
6. How do we keep pages fresh and accurate?
The Positional Calls research methodology keeps one URL per event and update it as the facts change, instead of publishing several near-identical pages. That keeps the history in one place and stops old pages from showing wrong information.
| Page type | What triggers an update | What changes |
|---|---|---|
| IPO guide | Price band, bidding stages, allotment, refund, listing | Quick answer, dates, subscription, title and image text |
| Results page | Date confirmed, results filed, analysis | Date, headline numbers against the base, segment table |
| Corporate action | Announcement, record date, ex-date, payment | Dates table and eligibility notes |
| Calendar | A change in any listed date or status | Dated rows and status labels |
| Evergreen explainer | A rule, rate or threshold changes; scheduled re-checks | Figures, examples and the Updated time |
Three rules protect honesty here. First, the Updated time changes only when something real changes: a new figure, a new status, a new section or a correction. We never re-date an unchanged page. Second, the original publication date is never altered. Third, we write absolute dates such as Monday, 26 October 2026 instead of relative words that go stale.
Our Jio Platforms IPO allotment status page and the evergreen guide on how to check IPO allotment status are examples of one URL being updated through the stages of an event. The Muhurat trading 2026 page shows the same habit for a dated market event.
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- Short alerts when a tracked date, filing or rule changes
- Links to the exact page that was updated
- Plain-language explainers on market rules and calendars
7. How are our own calculations labelled?
In the Positional Calls research methodology, some numbers do not exist in any filing and must be worked out: growth rates, dividend yield, cost of a trade, value of one IPO lot. We calculate these ourselves, show the inputs, and label them with the words “my calculation” so that nobody mistakes them for company-reported figures.
| Derived figure | Formula we use | Illustrative example (not market data) |
|---|---|---|
| Growth percentage | (current value − base value) ÷ base value × 100 | (120 − 100) ÷ 100 × 100 = 20% |
| Dividend yield | Dividend per share ÷ share price × 100 | 5 ÷ 250 × 100 = 2% |
| Minimum IPO bid | Lot size × upper price band | 10 × ₹100 = ₹1,000 |
Scenario tables on our pages describe what a result could mean under stated conditions. They are not forecasts, they carry no price targets, and they use no invented consensus. For a worked cost example, see the trade-cost arithmetic in our demat account charges guide.
8. What will PositionalCalls never publish?
The limits below are as important as the sourcing rules. They are part of the Positional Calls research methodology and apply to every section of the site.
Our pages are educational and informational. They are not meant to influence trading decisions or to replace professional advice.
9. What is the PositionalCalls editorial policy on independence and funding?
The PositionalCalls editorial policy is part of the Positional Calls research methodology and is simple: nobody can pay to change what a page says. Issuers, brokers and advertisers cannot buy, edit or approve our coverage, and we do not run paid reviews.
| Question | Our rule |
|---|---|
| How does the site earn? | Display advertising through Google AdSense. Ads are labelled “Advertisement”. |
| Can an issuer or broker pay for a page or a better review? | No. |
| Do we ask readers to click ads? | Never. |
| Affiliate or referral links? | Not used unless clearly disclosed next to the link. |
| Who decides what a page says? | The editorial process on this page, not advertisers. |
We choose topics by looking at what Indian retail investors are searching for and at dated market events, and we check each topic against our seven sections. That is how a page gets written. It is the rules above, not income, that decide what a page is allowed to say.
10. How does PositionalCalls use AI tools?
The Positional Calls research methodology applies equally to AI-assisted work. Research and drafting at PositionalCalls may be assisted by AI tools. An AI tool is never treated as a source. Every figure passes the seven steps in section 4 against primary documents, whoever or whatever drafted the sentence around it.
- We do not publish invented numbers, quotes, dates or consensus figures.
- We do not present invented personal experience as real. First-hand claims appear only when the editor supplies them.
- The Analyst’s note on a page is clearly labelled reasoning and kept separate from the factual sections.
- The same no-advice rules apply to every page, however it was drafted.
11. How do we handle errors and corrections?
Our Positional Calls research methodology treats corrections as a duty. Errors can happen in any publication, including ours. What matters is how quickly and openly they are fixed.
- You report it. Send the page and the figure through the contact details published on this site, with the document you checked if you have it.
- We check the original. The figure is compared with the primary document, not with another website.
- We correct the page. The wrong text is replaced, and we aim to do this the same day we confirm the error.
- We note it. A material correction is recorded with a time in the Latest update box, so the change is visible and not silent.
If a primary document changes after we publish, such as an addendum, a revised price band, a final subscription figure or a new tax rule, we treat it as an update trigger and correct the page with a time-stamped line.
12. How should readers use PositionalCalls safely?
Use PositionalCalls and the Positional Calls research methodology as a reference layer: a place to understand market structure and read official data correctly. Markets move and data changes, so combine our pages with your own checking.
- Read the “as of” time before you rely on any figure
- Open the primary link and compare the number yourself
- Treat GMP, trackers and estimates as unofficial
- Check tax rules and broker charges on the official or broker schedule
- Verify any adviser on the SEBI website before paying for advice
- Speak to a qualified, SEBI-registered professional for decisions about your own money
13. Analyst’s note
- What stands out: under the Positional Calls research methodology, most errors in market content come from derived numbers and from stale wording, not from the headline figure. That is why we label calculations and use absolute dates.
- Easy to miss: a source can be correct and still be the wrong tier for the claim. A tracker can be accurate and yet not be official data.
- What would change this page: a new SEBI rule on research publishing or a change in how we source or update would be written here with a date.
- A caution: a methodology page shows intent. Your best protection is to check the primary link on any page you rely on.
- For readers: if a page ever seems to break these rules, tell us. Reasoning in this note is the editor’s view and is not a factual claim.
14. Bottom line
Bottom line
The Positional Calls research methodology comes down to five commitments: primary sources first, seven checks before publishing, visible IST time stamps, no advice or targets, and open correction of mistakes. We do not claim to be the loudest voice in the market. We aim to be the most checkable one.
Next read: see these rules at work in our Reliance Q2 results FY27 page, which follows the preview-to-analysis route on one URL.
The Positional Calls research methodology is part of the PositionalCalls trust and editorial pages.
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- A short note when an event page we track is updated
- Plain-language explainers on rules, dates and calendars
- A direct link to the page, so you can check the source yourself
15. Frequently asked questions about the Positional Calls research methodology
What is the Positional Calls research methodology?
The Positional Calls research methodology is our written rulebook for choosing topics, collecting data, checking it, publishing it and keeping it current. Its core rule is that every figure traces back to a primary source and carries an IST time stamp.
Where does the Positional Calls research methodology get its data from?
Headline figures come from primary documents: NSE and BSE filings, company results, RHP or DRHP, and SEBI, RBI, IRDAI and AMFI releases. News sites and trackers are used only as context or cross-checks and are named as such in the text.
How does PositionalCalls verify data before publishing?
Under the Positional Calls research methodology, we open the primary document, copy each figure from it, cross-check against one independent source, recompute every derived number, test units and dates, and then publish with an as-of time. A figure that fails these checks is hedged as “as reported” or removed.
Is PositionalCalls reliable?
We do not ask for blind trust. Reliability here means checkability: linked primary sources, visible update times, labelled own calculations and a public corrections process. Errors can still happen, so please report any figure you find wrong and we will check it against the original document.
Is PositionalCalls SEBI registered?
No. PositionalCalls.com is an independent education and research publication founded by Shubham Chaudhary. It is not a SEBI-registered investment adviser or research analyst, so nothing on the site is personalised advice. Check any adviser on the SEBI website before paying for advice.
Does the Positional Calls research methodology allow buy or sell calls?
No. The Positional Calls research methodology bans buy, sell and hold calls, target prices, return projections, stop-loss or position-sizing guidance, intraday or F&O tips and proprietary prediction scores. Pages explain data and risks; the decision stays with the reader.
How often does PositionalCalls update its pages?
The Positional Calls research methodology requires event pages to be updated at every real stage change, such as a price band, results date, allotment or record date. Evergreen guides are re-checked on a set schedule. The visible Updated time changes only when something real changes, never to make a page look new.
Is grey market premium (GMP) official data?
No. GMP is an unofficial grey-market indication, not an exchange figure and not a forecast of listing price. When we show it, we name the tracker, give the time and label it as reported, because trackers often disagree with each other.
How does PositionalCalls make money?
The site earns from display advertising through Google AdSense, and ads are labelled “Advertisement”. Issuers, brokers and advertisers cannot buy, edit or approve our coverage. Any affiliate or referral link would carry a clear disclosure next to it.
Should I buy or sell a stock because of a PositionalCalls page?
That decision is yours. Our pages are educational and do not recommend any security. Use them to read official data correctly, then compare with the company filing and speak to a SEBI-registered adviser if you need advice for your own situation.
16. Sources
- NSE India: exchange filings, circulars and market data
- BSE India: exchange filings, circulars and corporate announcements
- SEBI: regulations, circulars and offer documents
- SEBI SCORES: the investor complaint portal
- Reserve Bank of India: policy and banking data
- IRDAI: insurance regulation
- AMFI: mutual fund industry data
- Income Tax Department: tax rules and notifications
- NSDL and CDSL: depository circulars and charges
Editorial disclosure: PositionalCalls.com is an independent Indian stock market research and education site founded by Shubham Chaudhary. It is not registered with SEBI as an investment adviser or research analyst. Everything on this site is for education and information only. Nothing here is investment advice, a recommendation, a target price or a solicitation to buy or sell any security. Readers are solely responsible for their financial decisions. This page describes the Positional Calls research methodology and was last updated on 25 October 2026, 11:45 PM IST.
Shubham Chaudhary is the founder of PositionalCalls, an independent Indian stock market research website. He writes company fundamentals, quarterly results analysis, IPO analysis and sector research for NSE and BSE listed companies, with a focus on banking stocks, insurance and long-term value investing. Every article is built from primary sources such as RBI, SEBI, NSE and BSE filings and company annual reports, and states its risks plainly in simple language for retail investors.
Coverage areas Our research standards- Numbers checked against NSE, BSE and SEBI filings
- Risks and limits stated in every article
- No paid promotions or broker tie-ups
- Articles updated when new filings arrive