PRIMAEGISresearch
Getting started

Everything here, and how to actually use it.

Primaegis is a research practice that publishes what it produces — company work, a daily read of the market, and a weekly desk note. This guide walks you through every page and every chart in plain language: what it shows, how to read it, and what to do with it.

~12 minute read No jargon assumed Research only · not advice
01 — Where to start

Pick the reason you're here.

There are three honest ways to use this site, and they want different pages. Choose one and it will take you to the right part of this guide.

02 — What Primaegis is

Three things, working together.

The site looks like a research library, and it is one. But the library is the visible end of a system that runs on a schedule, checks itself, and publishes only what passes.

The research library

Company reports, dossiers and theses — the long-form work. Each one is published exactly as it was produced, with the date it was written. Nothing is quietly edited later.

The live market read

A pre-open note, a post-close note, an intraday breadth page and a Saturday desk review. These tell you what the market is doing now, in a consistent format.

PF OS — the discipline layer

A private rules engine that governs the practice: how much risk may be taken, when a position must be cut, whether a signal is even eligible. It is not published, but it is why the published work stays consistent.

The one thing worth knowing up front: nothing here tells you what to buy. The work is published so you can follow the reasoning and reach your own conclusion — and so the reasoning can be checked against what actually happened afterwards.
03 — The daily rhythm

What gets published, and when.

The schedule matters as much as the content. Each note is written at a fixed point in the day, so the same page always answers the same question — and you learn where to look without thinking.

Before the open
The pre-open note
One page: the level that matters today, what happened overnight, and a grade out of 5 for how clean the setup looks. Read the headline and the line — that is 80% of the value. Open the daily archive →
Through the session
Live breadth
How many stocks are actually participating, refreshed during the day. A rising index carried by six names is a different market from a rising index carried by six hundred — breadth is what tells them apart. See live breadth →
After the close
The post-close note
What the day actually did versus what the morning expected. This is the page that keeps the practice honest — the pre-open note's grade is settled here, right or wrong.
Saturday
The desk review
The week in one place: what the market did, what changed in the covered names, and what is being watched into next week. If you read one thing a week, read this. Open the weekly review →
As produced
Company research & street intel
Full reports appear when they are finished, not on a schedule. Street intel is a running digest of what is being said publicly about the covered names. Browse street intel →
04 — Reading a company page

Anatomy of a report.

Every company page is laid out the same way. Click any block below to learn what it is and how to read it.

1
Header
NSE · SMALLCAPIndustrialsDeveloping
2
The view
Constructiveone line, stated plainly
3
Price & structure
4
Fundamentals
GROWTHQUALITY
5
Risks
ConcentrationWorking capital
6
Guidance vs actuals
SaidDelivered
Read it in this order: the view first, so you know the conclusion — then the risks, to see what would break it. If the risks don't worry you, the rest of the report is the supporting detail. If they do, you've saved yourself twenty minutes.
05 — Reading the charts

What each picture is asking.

You do not need to know how a chart is built to use it. You need to know the one question it answers — and what would make you distrust the answer.

The price chart

Asks: is this stock being accumulated or distributed?

Look at whether the highs and lows are both rising. A stock making higher highs on heavier volume, and pulling back on lighter volume, is being bought. The opposite is being sold. Everything else is refinement.

The composite engine

Asks: how many independent things agree right now?

It blends several unrelated measures into one reading, so a single noisy signal cannot dominate. Treat a strong reading as "several things line up", never as a prediction. See the indicators →

Valuations ++

Asks: is the price sensible against what the business earns?

It places today's valuation against the company's own history rather than against a rule of thumb. Cheap versus its own past is a real observation; cheap versus another industry usually isn't.

Breadth

Asks: is the whole market moving, or just the headline?

When breadth improves while the index stalls, strength is spreading quietly. When the index rises while breadth falls, the move is narrow and more fragile than it looks.

The habit worth building: before you accept any chart, ask what it would look like if the opposite were true. If you can't picture that, the chart isn't telling you as much as you think.
06 — What PF OS does

The part that says no.

PF OS is the operating layer behind the research. Its job is not to find ideas — it is to enforce the rules the practice has already agreed to, on days when following them is uncomfortable. The specifics stay private; the principles do not.

A ceiling on risk

Total exposure is capped, and each position carries its own limit. When the ceiling is reached, nothing new is added regardless of how good the next idea looks. This is checked automatically, several times a day.

An exit decided in advance

Every position has a stop set before it is entered, when the thinking is calm. Moving it afterwards is the single most common way a small loss becomes a large one, so the system records whether the original level was honoured.

A gate before entry

An idea has to clear a sequence of independent checks before it is eligible at all. Most ideas don't. A shut gate is a normal, frequent outcome — and it is reported as one rather than quietly worked around.

A scorecard, kept honestly

The system tracks how often stops were honoured, how exits drifted from plan, and whether what was said would happen actually did. Uncomfortable results are recorded the same as good ones.

Why this matters to you as a reader: it is the reason the published research doesn't drift with the mood of the market. The same standard is applied in a good week and a bad one, and the record of both stays visible.
07 — Where the data comes from

Gathered, checked, then published.

Every number on this site travels the same path. Nothing reaches a page without passing each stage.

Stage 01

Collected

Prices, fundamentals, filings and public commentary are pulled on a fixed schedule from primary sources — exchange data and company disclosure first, never a single aggregator.

Stage 02

Cross-checked

Figures are reconciled against a second source before use. Where they disagree, the item is held back rather than published with a guess.

Stage 03

Screened

An automatic check refuses anything carrying private account detail. Anything it flags is quarantined for a human to review — it is never published to be corrected later.

Stage 04

Published

What survives is copied to the site exactly as produced and stamped with its date, so a report can always be judged against what was knowable at the time.

What is deliberately not here: live positions, account balances and anything else that would describe a personal book. The research is public; the book is not. That boundary is enforced by the screening stage, not by memory.
08 — Your first week

A routine that actually sticks.

Tick these off as you go — your progress is remembered on this device.

Read one pre-open note, then its post-close noteDo this for the same day. Seeing what the morning expected and what the day delivered teaches you more than a week of reading either alone.
Open the breadth page mid-sessionJust look at whether participation is widening or narrowing. Do it three days running and the number starts to mean something.
Pick one company page and read only the view and the risksSkip everything else the first time. Decide whether you find the risks acceptable before you let the detail persuade you.
Read the same company's guidance-versus-actuals sectionThis is where management's promises meet the record. It is the fastest read on whether a story is being told or delivered.
Read Saturday's desk review end to endIt connects the week's daily notes into one argument. After a fortnight, this alone will keep you oriented.
Write down one thing you disagree withThe research is published so it can be argued with. If nothing prompts disagreement, you are reading passively.
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09 — Common questions

The things people ask first.

No. Everything on this site is published research and education. It does not account for your circumstances, your goals or your tolerance for loss, and it is not a recommendation to buy or sell anything. Decisions — and their consequences — are yours. If you need advice, speak to someone licensed to give it.

Because they are published as produced and left as written. A report carries the date it was made, and that date is part of the information — it tells you what was knowable at the time. Silently updating old work would make the archive useless for judging whether the reasoning held up.

Yes. The post-close note settles the morning's grade whether or not it was right, and the desk review reports names that went against the thinking alongside those that worked. A research record that only contains wins is a marketing document.

The construction is the part that took the longest to get right, and it stays private. What is published is more useful anyway: what each one is asking, how to read it, and where it fails. You should be able to judge a signal by whether it holds up, not by admiring its formula.

The daily notes update every trading day, breadth refreshes through the session, and the desk review lands on Saturday. Company research appears when it is finished. If a scheduled note is missing, it usually means it did not pass the checks — which is the system working, not failing.

No, and that is deliberate. Live positions, sizes and account state are never published. What is shared is the reasoning and the record of whether it worked — which is the part that is useful to you, and the part that can be checked.

Start with today.

The fastest way in is the note that was written this morning. Read it, then come back after the close and see how it settled.