Quick Summary
Rohan Sunil Shinde operates Chart Levels, a SEBI registered Research Analyst carrying INH000032382, active since January 2017 and based in Bhandup West, Mumbai. Both of the firm’s plans are priced well under the SEBI fee ceiling, with no compliance issue on cost. The Growth Bagger plan, however, is listed at ₹6,000 per year while its own stated time frame says a maximum of 3 months, a direct contradiction within the plan’s own description. There is no direct payment option on the site, and subscribing shifts to WhatsApp, where a prospective client cannot independently confirm the price or terms actually offered match what the website displays.
Rohan Sunil Shinde operates Chart Levels, a SEBI-registered Research Analyst with registration INH000032382, based in Bhandup West, Mumbai.
The registration is genuine, and the pricing itself is comfortably compliant with the SEBI fee cap.
What is worth a closer look is how one of the two plans describes itself: priced as an annual subscription while its stated duration caps at three months, and how the subscription process works once you try to pay.
This page works through the registration, that specific pricing contradiction, the complaint disclosure, and the marketing language worth a second look.
Rohan Sunil Shinde Review
Chart Levels describes itself as a premium stock research and advisory service, founded by Rohan Sunil Shinde, who states he has worked in the stock market since 2009, including as a dealer and analyst with leading broking firms until 2017.
The firm’s research framework covers 55 core industry sectors and roughly 1,550 stocks, from which it identifies selected recommendations based on its own research and analysis model, focused on short, medium and long term stock picks, quality stock identification, capturing uptrends, and risk management.
The site states plainly that Chart Levels does not provide index options advisory, portfolio management, or managed demat account services, and does not guarantee or assure returns or promise recovery of an investor’s losses.
That is a correctly scoped statement for an INH registration, and it is worth crediting directly.
None of what follows establishes wrongdoing, and nothing further on this page does either.
Where a registered analyst’s conduct does cross a line, the formal escalation route is covered in full further down this page.
Is Rohan Sunil Shinde SEBI Registered?
Yes, and INH000032382 is confirmed directly on the firm’s own site as well as independently through third-party listings.
| Detail | Information |
|---|---|
| Name | Rohan Sunil Shinde |
| SEBI Registration Number | INH000032382 |
| Validity | 25 January 2017, Perpetual |
| Registered Address | Chart Levels, Shinde Office, Near Prathamesh Heights, Behind Dena Bank, L.B.S Road, Bhandup West, Mumbai, Maharashtra 400078 |
| Correspondence Address | 302, Prathamesh Heights, Near Joy Homes, Behind Dena Bank, LBS Road, Bhandup West, Mumbai, Maharashtra 400078 |
| Contact Person | Rohan Shinde |
| rohan.sunil.shinde@gmail |
What the INH Prefix Permits
The INH prefix marks a Research Analyst.
It permits publishing research and issuing recommendations to a subscriber base.
It does not permit personalised advice built around an individual client’s income, goals or holdings, trade execution, or portfolio management.
Two Slightly Different Experience Figures on the Same Site
The firm’s own About page states Rohan Shinde carries 14 plus years of experience in financial markets. The homepage separately states 15 plus years.
Both are broadly consistent with a career beginning in 2009, and the difference is minor enough to likely reflect two pages updated at different times rather than anything more significant.
It is still worth noting, since a prospective client relying on either figure alone would see two slightly different numbers depending on which page they read.
Chart Levels Pricing and the ₹1,51,000 SEBI Fee Cap
The pricing itself carries no fee cap concern. Both plans sit far below the ceiling, and that is worth stating plainly before getting into the more specific problem with how one of them is described.
A Research Analyst may charge a maximum of ₹1,51,000 per annum per family for individual and HUF clients who are not accredited investors.
The Published Price List
| Plan | Price | Stated Time Frame |
|---|---|---|
| Growth Bagger | ₹6,000 per year | Maximum 3 months |
| Growth + Value Bagger | ₹10,000 per year | 6 months to 1 year |
Both prices sit far under the ceiling, whether read as annual figures or taken at face value in any other way. There is no fee cap issue here at all.
The Growth Bagger Plan Contradicts Itself
Growth Bagger is priced “₹6,000 per year,” and its own stated time frame is “Maximum 3 months.”
These two descriptions of the same plan do not agree.
A plan cannot simultaneously be a yearly subscription and one that runs no longer than three months, unless the pricing page means something more specific that it does not currently explain, such as a plan renewed four times to cover a full year, or a genuinely short engagement priced using an annual figure for reasons the site does not state.
Before paying for Growth Bagger, ask the firm directly, in writing, exactly how long the ₹6,000 payment actually covers.
Get a specific answer, either a full year of service for that price, or a three-month period that would need to be renewed three more times to reach a year, since the two readings lead to very different actual costs and very different expectations about how long you will receive recommendations.
One protection applies regardless of how this is resolved. On early termination, a client is entitled to a proportionate refund for the unexpired period, and a Research Analyst may not retain a breakage fee.
Why Does Subscribing Move to WhatsApp?
Neither plan has a direct purchase option on the website.
The site’s “Message Us” button redirects prospective clients to WhatsApp instead, with no official bank details or payment gateway shown on the site itself.
Because the actual subscription and payment process happens outside the website, a prospective client cannot independently confirm from the site alone whether the price and terms ultimately offered over WhatsApp match what is displayed publicly.
This is not evidence of anything improper on its own, and contacting a registered analyst directly before subscribing is common practice at this scale.
It does mean the burden falls on you to get everything in writing.
Before paying anything over WhatsApp, request the exact plan, price, duration, and payment details in writing, and keep that record.
What Does Chart Levels’ Complaint Data Show?
The complaint history here is minimal, and one specific detail about its timing does not reconcile cleanly across the firm’s own tables.
Current Complaint Status
| Received From | Pending Last Month | Received | Resolved | Total Pending | Pending Over 3 Months | Avg. Resolution Time |
|---|---|---|---|---|---|---|
| Directly from Investors | Nil | Nil | N/A | Nil | Nil | N/A |
| SEBI (SCORES) | Nil | 1 | 1 | 0 | 0 | 12 days |
| Other Sources | Nil | Nil | N/A | Nil | Nil | N/A |
| Grand Total | Nil | 1 | 1 | 0 | 0 | 12 days |
Monthly Disposal Trend, Months with Activity
| Month | Received | Resolved |
|---|---|---|
| June 2025 | 1 | 1 |
| All other months, January 2025 through August 2026 | 0 | 0 |
Annual Disposal Trend
| Year | Received | Resolved |
|---|---|---|
| 2025-26 | 1 | 1 |
| All other years shown, 2020-21 through 2024-25 | 0 | 0 |
One complaint total, received through SEBI SCORES and resolved in 12 days, with nothing pending.
On resolution alone, that is a clean and light record.
The Current Status Table Does Not Clearly Reconcile With the Monthly Trend
The monthly disposal trend places this single complaint clearly in June 2025, with every other month, including the most recent ones shown, at zero.
The current complaint status table, which would ordinarily be expected to reflect the most recent reporting period, shows the same 1 received and 1 resolved figures without stating which month it actually covers.
Since the monthly trend shows zero activity for July and August 2026, and the current status table is not dated, it is not possible to confirm from the site alone whether the current status table is describing a recent period or simply reflecting the same June 2025 complaint under a different heading.
This is worth asking the firm to clarify directly, since it affects whether a prospective client can trust that the “current” complaint figures actually reflect the firm’s most recent standing.
The Historical Record Has Real Gaps
The registration itself has been active since January 2017.
The annual complaint disclosure only begins in 2020-21, and the monthly trend only begins in January 2025, leaving a multi-year period after registration with no published complaint data at all.
What Marketing Language on the Website Needs a Closer Look?
A handful of phrases across the site and its social presence lean toward outcome language rather than a plain description of the research service.
1. Testimonials Describing Big Profits and Multibagger Results
Client testimonials on the homepage describe “big profits,” “great money,” and “multi-bagger” results, with one describing making great money with less risk.
Testimonials presented this way can create an impression of attractive returns with limited downside that a research recommendation cannot actually promise.
2. A Track Record Without Enough Context to Assess It
The site promotes a track record of 23 quality stock recommendations, 18 profit-booked recommendations, and 3 stop triggers for FY26.
These figures are presented without enough supporting detail, entry and exit levels, dates, or a full accounting of every recommendation issued, to independently verify the complete performance picture.
3. A Comparison to Unregistered Providers Without a Stated Basis
The site claims “Quality over Quantity” and contrasts its own approach against “Unregistered Ones 50+ Tips/Month,” without explaining where the 50 plus figure comes from or which unregistered providers it refers to.
4. Outcome-Oriented Positioning Elsewhere on the Site and Social Channels
The site states its approach is aimed at “Generating Excellent Returns,” and its X profile separately promotes “Multibagger Charts” and “Accurate Technical + Value Insights.”
Claims of assured accuracy or strong outcomes, even framed as brand positioning, sit against SEBI’s restrictions on misleading or exaggerated claims in a Research Analyst’s marketing.
How to File a Complaint Against Rohan Sunil Shinde?
Given the specific pricing and process questions above, a complaint here has firmer ground than a dispute over research quality alone.
Start by getting the Growth Bagger plan’s actual duration confirmed in writing, and if you subscribed through WhatsApp, request written confirmation of exactly what you were charged and for how long.
Ask the firm directly which period the current complaint status table represents.
Send your grievance to the RA’s email ID, describing what you were told, what you paid, and what you want resolved.
Keep the sent record regardless of what comes back.
If the response is not satisfactory, escalation runs through a specific set of channels, and each one exists for a different stage of the dispute rather than as alternatives to pick from.
- SEBI SCORES: File your complaint on the SEBI SCORES complaint portal. This is the first formal channel and keeps a dated record of your grievance on file with the regulator.
- SMART ODR: Move to structured conciliation through the SMART ODR portal if SCORES does not resolve it. A neutral conciliator is brought in to help both sides reach a settlement.
- Arbitration: Where conciliation still does not settle it, arbitration in stock exchange proceedings end in a binding, enforceable award. This is the final step, and its outcome is not something either side can simply set aside.
These three channels form a sequence, not a menu of alternatives, so it’s worth knowing where each one fits before you begin.
If you want to know the full process in detail, check our guide complaint against SEBI registered research analyst.
Paid for Growth Bagger, but unsure of the actual duration?
We get the plan duration and terms confirmed in writing directly from the firm on your behalf, and put the answer on record. Register with us for a free read on your situation.
Disclaimer
This page is based on Chart Levels’ own published material and the SEBI intermediary register, current as of September 2026, and alleges no wrongdoing since no SEBI order stands against the firm.
Registration details, pricing, and website content can change, so verify everything at source before acting. Treat this page as research, not legal or investment advice.
Conclusion
Rohan Sunil Shinde’s Chart Levels holds a genuine SEBI Research Analyst registration, INH000032382, active since 2017, with pricing that sits comfortably under the SEBI fee cap and a correctly stated scope of what the firm does and does not provide.
The Growth Bagger plan’s own description contradicts itself, priced as a yearly subscription while stated to run a maximum of three months, and there is no direct payment option on the site, meaning the actual price and terms you agree to over WhatsApp cannot be independently checked against the website alone.
Before subscribing, get the exact duration of whichever plan you choose confirmed in writing, and ask the firm to clarify which period its current complaint status actually represents.
Report. Recover. Stay Fraud Free.
Frequently Asked Questions
Yes. It is registered to Rohan Sunil Shinde, operating as Chart Levels, from 25 January 2017 and is perpetual. Confirm it directly on the SEBI register rather than relying on the website alone.
No. Both plans, at ₹6,000 and ₹10,000 a year, sit far under the ₹1,51,000 ceiling. There is no fee cap concern with this firm's pricing.
The site describes it as a yearly plan priced at ₹6,000, but separately states its time frame as a maximum of 3 months. Get this confirmed directly in writing before paying, since the two descriptions do not agree.
No. Subscribing requires messaging the firm through WhatsApp, so get the exact plan, price and duration confirmed in writing before paying anything.
Its disclosure shows one complaint, received through SEBI SCORES and resolved in 12 days, with nothing pending. It is unclear from the site whether the current complaint status table reflects that same June 2025 complaint or a more recent period.
Add us as a preferred source on Google »
