General Trading Chat

arsh22g

Well-Known Member
Just an observation. I was watching the price ladder when NF was testing HOD. When NF moved just above HOD, many small buy orders (<1000) hit the market while sell orders were larger, meaning the volume spike was because of retail traders, who were buying above the HOD break. Can it be taken as a sign of false BO? or alternatively, when should one be sure about whether the BO is genuine? say atleast some 'x' points movement or some pattern in volume.

 
Mail from HDFC Mutual Fund I recd today. I had already closed my account 3 years back.

"
Dear Unit holder,

As you may be aware, SEBI in its investigation identified certain instances of front running by a former equities dealer of HDFC Asset Management Company Limited (HDFC AMC) with certain set of front runners. HDFC AMC has since terminated the services of the said equities dealer.

As per the consent terms filed by HDFC AMC with SEBI in the matter and as now advised by SEBI, the total amount of losses, as determined by SEBI, are to be compensated to the relevant unit holders.

Accordingly, the following is the compensation amount attributable to you:
"

Thank you for Rs.135 credited to my account :D
 

headstrong007

----- Full-Time ----- Day-Trader

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