iCharts Discussions

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

they will withdraw it or dilute it

pkholla · Black Belt Joined: 04 Nov 2010 Posts: 2890

SEBI must accept criticism as they are doing NOTHING to control BLATANT manipulation even of sound scrips like LT, Ktkbank, Cummins, Glenmark, MM, etc which are going fundamentally from strength to strength. I myself hv messaged this again and again in MC
Looks like SEBI (under advice of political masters) is only focussed on Besahara Subroto and keeping him in jail forever!
SEBI even issued clean chit to market operators recently saying that banned persons and entities are staying away! (Nothing about newcomers doing golmaal?)

So ....
1) How IC can be blamed if we post analysis of scrips/ index AS ALWAYS
2) Let us keep posting analysis AS ALWAYS
3) Lets see if SEBI wakes up from 'other than subroto= slumber' party and takes any action agnst us and why?
4) Let us post standard disclaimer like Apka is doing: Only for info and research purposes?

Further please note that IC is mostly a paid subscriber club and not open FREE FOR ALL like money-control .... hence IC MAY CONSIDER INTRO A NEW DISCOUNTED MEMBERSHIP WHICH ALLOWS ONLY LIMITED ACCESS INCL FORUM ACCESS with log-in
..... AND EVERYONE HAS TO LOG IN TO POST OR READ?
Smile

Cheers, Prakash Holla

rameshraja · Expert Joined: 24 Nov 2006 Posts: 1121

http://www.sebi.gov.in/cms/sebi_data/attachdocs/1475839876350.pdf

skaz · White Belt Joined: 30 Jul 2014 Posts: 14

I think SEBI directive is good and worth praising. May be SEBI wants more trader and investor and less preacher, tip sellers. In absence of such directive many misuse it.

apka · Black Belt Joined: 13 Dec 2011 Posts: 6137

Whatever their intention, where does that leave us?

skaz · White Belt Joined: 30 Jul 2014 Posts: 14

forum like ichart should not be covered completely under such directives. As it has been a great educational platform for many traders. But at the same time many charting and discussion platform and individual should come under scrutiny. As such platform are being misused. Very Happy

pkholla · Black Belt Joined: 04 Nov 2010 Posts: 2890

I went thru the docu whose link was provided by R Raja
The main stated purpose, apart from regulation, appears to be: protect the innocent investor from cheating "experts", mainly cheating by provision of wrong/ misleading advice and by taking large fees, by cash mode!
My personal opinion is that if we convert ICharts into a compulsory log-in club, with a range of fees ranging from minmum for login to see EOD chart & view/write in Forum ... to max for Platinum ... not open to public, it may solve 50% of the problem
Also those giving tips/ hints/ levels in IC Forum should WITHOUT FAIL add a disclaimer about no fees being charged or chargeable, only for edu or discussion purpose, etc = BALANCE 50%

Let us also avoid criticism of SEBI actions & inactions, however deserved, as they are thin- skinned like all do-gooders in the Govt! (I myself have been guilty of this in the recent past)

Jai Hind, Prakash Holla

AmitSwl_FnO · White Belt Joined: 18 Feb 2013 Posts: 75

Skaz, though I agree with you that the topic is beyond charting, but at the same time not irrelevant, In my opinion a thread about sebi and its actions in the entire forum should be allowed by admins...

Pkholla it won't make a difference, majority of market participants shall obtain the requisite certification , Though i fully agree with your views on sebis dadagiri...SEBI is primary job is to do prevent major scams...that is elephant...all these things are mice...