Quick Summary
Vikash Bagaria is a SEBI Research Analyst, registration INH300008155, running Chart N Trade from Kolkata since January 2021. His Mega Options plan costs ₹60,000 for 6 months, and just ₹24,000 for 12 months, a full year priced at less than half of half a year. Nine of his other price points, across three separate plans, cost more per year than SEBI actually allows once you work out the real annual figure.
Have you ever seen a subscription that gets cheaper the longer you stay? That’s the first thing you notice on Vikash Bagaria’s Chart N Trade pricing page.
His Mega Options plan asks for ₹60,000 for six months, but only ₹24,000 for a full year.
His SEBI registration is active and legitimate, but between inverted plan rates and subscriptions that quietly breach SEBI fee caps, there are plenty of details worth verifying first.
Here is a breakdown of every plan on the site and what you should know before sending any money.
Vikash Bagaria Research Analyst
Vikash Bagaria holds SEBI Research Analyst registration INH300008155, valid on a perpetual basis since 28 January 2021.
That registration number is confirmed independently, appearing on his own YouTube channel, his LinkedIn profile, and third-party business listings, all matching what’s published on his own site.
His registered and correspondence address is 212, Girish Ghosh Road, 4th Floor, Office No. 430, Forum Rangoli Mall, Belur, Howrah, Kolkata, West Bengal 711202.
He can be reached at [email protected].
An INH number marks him as a Research Analyst, not an Investment Adviser or Portfolio Manager. He can publish research and recommendations to subscribers generally.
He isn’t licensed to build a plan around one client’s own finances, or to execute trades on anyone’s behalf.
His site states he has over 17 years of experience in the financial markets. His SEBI registration, the one actually covering the research he sells today, is a little under five years old.
Seventeen years of market experience and five years of regulatory registration aren’t the same claim, and the site doesn’t explain the gap between them.
Ask him directly whether that experience predates this registration, and in what capacity.
Before paying any research service, check SEBI registered research analyst status yourself, directly against SEBI’s own list, rather than trusting a website’s own framing of its history.
Chart N Trade
Chart N Trade is the brand name Vikash Bagaria runs his research business under. Before getting into the pricing and complaint questions, it’s worth knowing what the brand actually claims to offer.
Three things stand out from the site itself: a fairly wide research scope, a specific way of accessing the paid Telegram content, and a social media presence that doesn’t entirely hold together once you check the links.
What Research Does Chart N Trade Actually Offer?
The core service is built around technical analysis, price action, and derivatives trading, with coverage across equities, commodities, global markets, and select specific sectors.
The site describes this as in-depth research reports and market analysis, backed by regular market updates meant to support investment decisions, and delivered using financial analysis tools and techniques the site says are behind its research and actionable insights.
Recent content on the site leans heavily on gold and silver, Nifty and Bank Nifty, and broader stock and commodity market trends, consistent with the technical, market-outlook style of research the firm says it specialises in.
How Chart N Trade’s Paid Telegram Access Works?
Access to the paid Telegram content follows a specific process. You purchase a subscription, receive a subscription code, and then use that code to join the channel itself.
The site states its social following at roughly 20,500 YouTube subscribers, 4,465 Instagram followers, and 2,320 Telegram members, with the YouTube channel in particular carrying market-analysis videos on gold, silver, commodities, Nifty, and Bank Nifty.
The media appearances listed alongside this include CNBC Awaaz, India News Business, Money9, and The Economic Times.
Do Chart N Trade’s Social Media Links Actually Work?
Two of those links don’t hold up the way the site presents them. The Instagram link on the site doesn’t lead to an existing page.
There’s no direct Telegram channel link on the site itself either, only one reachable through the YouTube channel instead.
If you’re joining any paid Telegram group here, confirm the link independently rather than clicking through from a page that’s already shown two broken or indirect links elsewhere.
The firm’s LinkedIn page also carries its own tagline, “Here Profit Becomes Reality,” a confident promise for a research service whose outcomes, by definition, can’t be guaranteed.
Vikash Bagaria’s Chart N Trade Pricing
A close review of Chart N Trade’s fee structure reveals fundamental flaws that go beyond simple math errors.
From longer subscriptions costing significantly less than shorter tenures to multiple plans exceeding SEBI’s mandatory annual fee caps, these pricing anomalies raise immediate compliance red flags.
A Longer Commitment That Costs Less
The Mega Options plan is priced at ₹60,000 for 6 months.
Its own 12-month version, on the same page, is priced at ₹24,000.
A full year costs less than half of what six months costs. There’s no bundling explanation, loyalty discount note, or footnote anywhere on the page describing why committing to twice the duration comes with a price cut this steep.
The far more likely explanation is a plain pricing error that’s been left live. Either way, don’t assume the 12-month figure is correct without confirming it directly with Vikash Bagaria in writing first.
What Every Plan Actually Costs Across a Real Year?
SEBI allows a Research Analyst to charge at most ₹1,51,000 a year, per client family. Checked properly, three plans here push past that once you annualise their shorter cycles.
- Derivatives Pulse’s 3-month cycle, at ₹50,000, comes to ₹2,00,000 a year, over the limit by ₹49,000. Its 1-month cycle, at ₹10,000, stays comfortably compliant.
- The All-in-One Research Pack breaches on five of its six cycles. Every duration from 1 month through 9 months costs more annualised than the limit allows, with the 1, 2, and 3-month cycles all coming to ₹3,60,000 a year, well over double the ceiling. Only its 12-month price, at ₹1,50,000, actually stays under.
- Commodity Pulse Elite follows the same pattern. Its 1 through 9-month cycles all breach the limit, each coming to roughly ₹2,40,000 or more a year. Its 12-month price, at ₹1,50,000, is again the one compliant option.
The pattern across both of the breaching plans is consistent. The 12-month price is the only cycle that stays under the limit.
Every shorter cycle for the same plan costs more per year, sometimes dramatically more.
If you’re on any cycle shorter than 12 months for either the All-in-One Pack or Commodity Pulse Elite, work out your real annual cost and compare it to ₹1,51,000 directly.
Vikash Bagaria Chart N Trade Pricing Red Flags
Beyond the two structural problems above, the pricing page has several smaller issues that are each worth flagging on their own.
None of these individually breach a SEBI rule the way the fee cap does.
Together, they paint a picture of a pricing page that hasn’t been checked carefully before going live.
1. No SEBI Registration Number on the Plan Pages
The SEBI registration number and its validity don’t appear on the plan pages themselves. A Research Analyst is expected to display this information prominently on every service offering page, not only somewhere else on the site.
2. No Risk Disclosure, Refund Policy, or Cooling-Off Period at Checkout
There’s no visible risk disclosure, refund policy, or cooling-off period at the point of purchase.
SEBI expects a clear statement that research doesn’t guarantee returns, shown right where a client is actually deciding to pay, not buried in a separate document.
3. Duration Slabs Aren’t Standardised Across Similar Plans
Some plans run 7 days, 15 days, 45 days, or 105 days, while others run clean monthly cycles. Comparing the actual cost per day between two plans becomes genuinely difficult with this much inconsistency.
4. Commodity Pulse Elite Lists Two Tenures at the Same Price
A 3-month option and a 105-day option are both priced identically. Ninety days and 105 days aren’t the same length of time, and the page doesn’t explain which one you’d actually get.
5. A Struck-Through Price That Isn’t Actually a Discount
The Money Express Elite plan shows a struck-through “original price” identical to its discounted price. A discount that shows no actual saving isn’t genuine; it’s a strikethrough with nothing behind it.
6. Combining Plans Can Push Your Real Total Past the Fee Cap
Holding the All-in-One Research Pack alongside Commodity Pulse Elite, for instance, can cross several lakhs a year between the two, with nothing on the site capping what you’d pay across multiple plans at once.
7. Reports on the Go Jumps Disproportionately Between Cycles
Its 1-month price is ₹2,999. Its 3-month price is ₹7,999, well beyond a plain three-times multiple. A jump this steep suggests the pricing isn’t built on a consistent per-month calculation.
Charged a price that doesn’t match what the plan actually promised?
We’ll work out your real annual cost, check it against what you were quoted, and help you put your case on record properly.
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Vikash Bagaria Complaints
Every SEBI Research Analyst has to publish how many complaints they’ve received each year, and what happened to each one.
Set the pricing questions aside for a moment, since this table isn’t tied to any of it.
Here’s what the complaint disclosure itself actually shows:
| Financial Year | Received | Resolved | Pending |
|---|---|---|---|
| 2021-22 | 0 | 0 | 0 |
| 2022-23 | 0 | 0 | 0 |
| 2023-24 | 2 | 2 | 0 |
| 2024-25 | 2 | 2 | 0 |
| 2025-26 | 0 | 0 | 0 |
| Total | 4 | 4 | 0 |
Four complaints since registration, two in FY2023-24 and two in FY2024-25, all resolved, with nothing currently pending. On its own terms, that’s a genuinely clean record, and it’s worth stating plainly rather than only looking for problems.
One thing worth reading carefully, though. FY2025-26 shows zero complaints.
That’s what’s disclosed through this specific channel, the SEBI-mandated complaint board. It isn’t the same as evidence that no investor has raised a concern anywhere else.
Treat the zero as accurate for what it measures, not as a broader guarantee.
If your own experience doesn’t match this clean record, our guide on how to file a complaint against SEBI registered research analyst covers how to put that on record properly.
What Do Chart N Trade’s Website Claims Say?
A handful of phrases across Vikash Bagaria’s site lean toward confidence and outcome, rather than describing the actual research process.
None of these amount to an outright promise of guaranteed profit. Together, they build a tone that sits at odds with a service that, by regulation, can’t promise any outcome at all.
1. Overbold Slogans Over Actual Research
Taglines like “Knowledge You Can Trust,” “Smarter Decisions,” and “Decode-Decide-Dominate” sound confident, but they don’t explain what the research actually offers.
Instead of detailing stock analysis strategies or risk methods, the website uses aggressive marketing slogans to build hype.
2. Self-Promotional Buzzwords
Words like “unparalleled knowledge,” “timely,” and “actionable” are promotional buzzwords rather than objective facts.
Using marketing language to describe the founder’s own skills makes the site read more like an advertisement than an unbiased research platform.
3. Social Media Metrics Used as Proof of Quality
Having 20,000 YouTube subscribers or a media mention on CNBC Awaaz shows popularity and public reach, but it doesn’t guarantee accuracy or profit.
High follower counts should not be mistaken for reliable market research or trading expertise.
4. Unverified Awards and Accomplishments
The site mentions awards and “achievements” without specifying who gave them, when they were awarded, or what criteria were used to judge them.
Without these basic details, such claims cannot be verified independently.
5. Confusing Advisory Language on a Research Platform
The website uses terms like “investment advice or guidance,” which can mislead visitors.
Under SEBI rules, a Research Analyst (RA) can only publish general research reports; they are not licensed Investment Advisers (IA) allowed to offer customized personal advice.
How to File a Complaint Against Vikash Bagaria?
Given the Mega Options pricing inversion and the plans that breach the SEBI limit, a written question to Vikash Bagaria is the right first step before anything else.
Ask him directly whether the ₹24,000 twelve-month Mega Options price is genuine or an error, and get whichever answer he gives you in writing.
If you don’t get a satisfactory response, here are the formal steps to take it further:
- File a SEBI SCORES complaint. This puts your grievance directly on record with the regulator, separate from whatever Chart N Trade publishes about itself.
- Move to the SMART ODR complaint portal if SCORES alone doesn’t settle it. A neutral conciliator reviews both sides at this stage.
- Take it to Share Market Arbitration as the final stage, ending in a binding decision rather than a request either side can simply ignore.
Disclaimer: This page is based on Vikash Bagaria’s own published material, cross-checked directly against SEBI’s own public register. Nothing here accuses him of wrongdoing, and no SEBI order currently stands against him.
Conclusion
Vikash Bagaria’s registration, INH300008155, is genuine and active since January 2021, and his complaint record so far is genuinely clean.
His pricing needs real attention.
Mega Options charges less for twelve months than it does for six, and three separate plans, Derivatives Pulse, the All-in-One Research Pack, and Commodity Pulse Elite, breach the SEBI fee limit on most of their shorter cycles.
Confirm any unusual price in writing before paying, and work out your real annual cost on whichever plan you’re actually considering.
Report. Recover. Stay Fraud Free.
INH300008155, active since January 2021, confirmed independently across his YouTube channel, LinkedIn profile, and his own site. Not without confirming it first. It's listed at ₹24,000, less than half the ₹60,000 six-month price on the same page. That pattern almost always points to a pricing error rather than a genuine discount, so get it confirmed in writing before you pay either figure. Check which cycle you're actually on. Derivatives Pulse's 3-month cycle, and most cycles shorter than 12 months on the All-in-One Research Pack and Commodity Pulse Elite, all come out over the SEBI limit once annualised. Each plan's 12-month price is the one that stays compliant. His registration itself is a little under five years old, so the 17 years must refer to something else, perhaps his broader career before becoming a registered analyst. The site doesn't clarify this, so ask him directly what the figure actually counts. Yes, four times since the registration began, two in FY2023-24 and two in FY2024-25, all marked resolved with nothing currently pending.Frequently Asked Questions
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