- He was a trainee of Harshad Mehta
- Formed network of brokers
- Identified and targeted 10 stocks ( K10 stocks).. i will give list below.
- Zee telefirms went up from Rs 127 to Rs. 2330 and Himachal futuristics Rs 194 to Rs.2553
- He used simple borrowing mechanism and BADLA SYSTEM
- Badla trading involved buying stock with borrowed money.( Maturity not exceeding 70 days)
Now here comes diagramatic presentation of scam and K 10 Stocks List.
- Formed network of brokers
- Identified and targeted 10 stocks ( K10 stocks).. i will give list below.
- Zee telefirms went up from Rs 127 to Rs. 2330 and Himachal futuristics Rs 194 to Rs.2553
- He used simple borrowing mechanism and BADLA SYSTEM
- Badla trading involved buying stock with borrowed money.( Maturity not exceeding 70 days)
Now here comes diagramatic presentation of scam and K 10 Stocks List.
-Now can we do this???= answer is NO.Reasons are follows:-
1)Badla system was removed
2)All shares were put as collateral should be done so through NSE and BSE
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