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Have you seen anything like this?

Discussion in 'Technical Analysis' started by shabbir, Jul 21, 2013.

  1. shabbir

    shabbir Administrator Staff Member

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    Suzlon Energy has touched from 460 to 8 odd Rs in 6 years.

    [​IMG]
    At times when it was in FnO some years back it could be shorted but that is not an option at all now.

    What a pity.
     

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    shabbir, Jul 21, 2013
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  2. saptarshi_sachin

    saptarshi_sachin Responder

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    Yes almost the same has happened with many other counters as well, namely:
    Skumars
    Educomp
    Unitech

    Hdil is moving in the same path I guess.
     
    saptarshi_sachin, Jul 21, 2013
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  3. m_padmakumar

    m_padmakumar Member

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    But there was stock split 1:5 on 21.6.2008 and rate issue on 9.6.2010...

    Thanks
     
    m_padmakumar, Jul 22, 2013
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  4. shabbir

    shabbir Administrator Staff Member

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    So 8 Rs is actually 40 Rs compared to 460?
     
    shabbir, Jul 22, 2013
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  5. sainath85

    sainath85 Member

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    @shabbir Lanco Infratech, Unitech, SKS Microfinance, Kingfisher etc come to my mind
     
    Last edited by a moderator: Jul 16, 2017
    sainath85, Jul 22, 2013
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  6. shabbir

    shabbir Administrator Staff Member

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    You just nailed it :D
     
    Last edited: Jul 16, 2017
    shabbir, Jul 22, 2013
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  7. kaisarimam96

    kaisarimam96 Member

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    currently same thing is going on in Gitanjali Gems, this is all manipulation with collusion with govt officials.
     
    kaisarimam96, Jul 23, 2013
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  8. kaisarimam96

    kaisarimam96 Member

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    BSE Code- 506131

    I feel nobody would have seen this type of company in any stock exchange. Everything is possible in BSE/NSE by paying bribe. Just see how this unknown company whose share was selling at RS 0.50 (Year 2005) touched 600 ( Year 2008) and again down to Rs 2 (year 2013) This is miracle which happens in indian markets. Now anybody should not have any confusion regarding regulations of SEBI. Due to some problems i can not upload this chart please go to ichats.in and see weekly chart for all period this will be memorable chart.:mad:
     
    kaisarimam96, Jul 23, 2013
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