Review of PowerYourTrade Multibagger Stock Tips Service along with hidden truth about 2000% gained stock ideas that you see on the website.
PowerYourTrade is one of the most known stock tips website among Indian investors because it is very heavily promoted on moneycontrol.com. My honest review about their service would certainly mean my account can have some trouble but I think my readers deserve to know the truth and that is more important to me than my account status in PowerYourTrade.
I opted for yearly option for combo offer of PWT (PowerYourTrade) just to make sure I am not judging their service on a very small time frame.
My Account Status
On 26th Jan 2012, my account status is as follows.
I am a member of PWT for last 90 days now and it is quite a long time for me share my review about their service. So let me share some of the key facts about the service.
The Sales Page
When you are not a paid member in PWT you are mainly driven into being a member by the following recommendations.
You see multibaggers that have gained few hundred percentages over a period of few years. Not only that if you see previous multibaggers here, you see everything green. On Jan 26th 2012 I see it as follows.
Click On Image to View Complete Screenshot
Reality of Multibaggers
Reality of Multibaggers as on 26th January 2012 when logged in is…
Click on Image to View Complete Screenshot
The obvious question that you may have – Is the first screenshot wrong? No it is not wrong. You may have not noticed one thing that makes first image correct, which is the date of recommendations by experts. If you note the recommendation date you will see that those gains are for stocks recommend in June 2011 and beyond and nothing after that. It means very few Multibaggers have done anything substantial in the current market scenario.
Many can argue that that having dates means they have the accurate information but that is also not the case all the time.
The Hidden Truth
On April 19th 2011 SP Tulsian initiated a buy call on FAG Bearings, which is up by 30% now. The reality is on April 29th 2011 SP Tulsian initiated a sell call on the same stock and so even if you purchased the stock on his call you would have sold it anyway and it means the recommendation is not at all a reality where you make 30% but as guest you only see that a recommendation is up by 30%. See the screenshot below for sell call for the same stock after 10 days on 29th April 2011.
This actually reveals the secret to gains of 2000% as well. They recommended the stock at some point and that stock is now up by 2000% but that does not mean they have not initiated any sell call in between and you can actually make 2000% in reality. There may be buy and sell call but they only show the calls they have taken some time back that has gained few hundred percentage.
2009 Multibaggers
You can view 10 pages of Multibaggers stocks recommended over time and as of today I see the following calls in Multibagger calls from 2009.
Click on Image to View Complete Screenshot
Very few have performed from 2009 till date.
Final Thoughts about PowerYourTrade
You can subscribe to PowerYourTrade tips if you understand that every multibagger stock suggestion is not a multibagger and they are just any other stock suggestion. Apart from that Hem Securities Multibagger calls are more reliable and works far better than any other calls. This is my personal experience based on some tracking that I did for last 3 months.
Update: I don’t share any stock tips and so please do not email me for any stock ideas. I am a personal blogger who let you understand how to trade and invest in market but don’t prefer sharing what stocks you should be trading in market.
Hello Shabbir,
Its understood that we cannot trust 99% of the stock tip providers..then how cum when i have subscribed for a trial run for most of the providers ended in profit during the trail run and once i subscribed to them i made losses…
Uday, not sure if it is a kind of co-incidence or not but I don’t think any stock tips provider would degrade their service to customers and have higher quality service for prospects.
Dear Shabbir Bhimani
I happened to see your remarks on certain share market tips providers….I am of the opinion that more than 99.99% of them are money eaters….and frauds. I happened to subscribe PYT and the fact is that their tips did not work to me as far as I am concerned and i lost a decent amount of money on intraday basis as per their advice. Can you suggest a good web site which can provide NIFTY OPTION/BANK NIFTY OPTION tips with good success.
Mohanan, just think like if someone can help you with tips to make money, why he wouldn’t make himself and that will answer your question completely. All those stock tippers are not able to make money from markets and so they have the service for stock tips. this is what I feel.
hello Shabbir..
quite an insight on PYT.. highly appreciated ! i was doubtful on the big talks of their calls & many a times u can see thru the setup.. but PYT was glossier than other fraudulent ones 🙂
on a more practical aspect.. stocks are not my main earnings. so going all the length n breadth of tech analysis to get some returns is not a feasible option for me.. & the search for a decent tipper site continues..
hence, i want your opinion on ‘www.dsij.in’.. dalal street’s site.. specifically on the FNIW product.. i would really appreciate if you can share your inputs on the above.. 🙂
would wait for your response before deciding on subscription..
Thanks..
Ranadhir
Ranadhir, I have no personal experience with DSIJ.in and so will not be able to say anything about them but in general there are very few tippers that works. If you think tech analysis takes long time then I would say it takes less time than reading the tips on your mobile and then applying it. I would agree that it would not be that simple to start with but then it is this simple if you give some time to it.
Shabbir.. thanks for ur reply.. hearing u now, i may give the DIY path a try.. but in that case, a basic q that pops.. how do u isolate or target a ticker for a potential investment.. there are hundreds of equity listings.. u really cant expect sum1 to tap all the doors.. so how do i get the starting point ? dumb qsn maybe, but would help me if u guide..
Ranadhir
It is not that difficult because there are process to find it and I would say really simple process. My trading is based on buy high sell higher and so I just need to look into stocks that are hitting 52 week high and that is very easily available. From that list I form my sub list where I see patterns formed that I like to trade in and then set alerts for the price points where it is interesting to me. Hardly it takes few minutes any time of the day to this done.
I don’t seem to be able to read the latest posts under this head. However, I receive them via the mail. In response to Kumar’s post on nrich.com, there’s one basic question. If one is successful in anticipating the movement of any stock or index, why should we imagine he’ll be working as a call/tips provider? If he’s good, he should be trading and making better money from the market. To me it seems that those who failed in trading successfully, put on the garb of call/tip givers.
I’m not refuting Kumar’s view that the tip provider helped him make some money for the time being. But for how long, and how consistently, we’ll have to wait and see.
Exactly. It is always better to be in control of your money rather than let others decide what you should be doing.
You are right Shabbir, Its always better to control their money. But not all can do that right? Running behind easy money is always is easy and 100% failure. I dont think those guys are money minded( Personal opinion). I can not defend him further. I am benefited, hence am following this blog from long time..just thought of putting my experience. I had tried Trade4target , snpnifty and couple of other fraud sites. Learning is that they are just gambling. Because morket only can move in 2 directions either up or down ;). These guys seem to be qualified meaning , its not that what ever they say is going in right way. Even they do hit stop lossess.. They trained me how to use by capital and build a portfolio for intraday also…
Regards
What I read from your comments I sense that they are helping readers and so I think I should also give them a try but when I visited their site, I see webpage under construction page.
I thought I saw a comment on Hem Securities. Was it from you, Shabbir?
Hi Paul,
Nice to get a response on my post. Ofcourse he is making money. In addition to that he is helping ( you can call making money in another means). I dont have time and better knowledge on stocks. As I mentioned, they do not post false past performance ( just number). On request they provide real religare trading account statement for the past month. More than what I feel is more than just guessing the picks, they give proper justification to each call. Not only that they guy whom I spoke is a well qualified. He is Certified Intl Wealth Manger from CISI (UK). Also he guided me how to use my capital for intraday trading and short term delivery (T+4) and option picks. Yes, how long he is consistent have wait and see.. I am just 2 and half month old with them. But the cange in me after talking to the guy is; I was very greedy by seeing other guys (500% returns). I completely changed and realized that is not possibile. If you work with utmost care you may get decent enough of returns.
Hi Shabbir,
Just bounced here googling on PYT review just to see if it is right to renew the subscription. Everything is nice here except the virtual fight between you and NIFTY20TWENTY Administrator. I thought it is too harsh on you to bash someone at your blog. The least I expected to see a fair evaluation of the free service. It would have uplifted your image. you may not like it, but I felt so atleast.
My appreciations for your PYT review
Udit
Udit, I never did anything that was against Nifty20Twenty admin and he is a new webmaster and wanted to know things to improve his site and being a webmaster and internet marketer, I just shared things that he could improve on. He then went ahead and used language that was something not what I expected and so had to get out of my comfort zone to answer that as well.
Udit, having subscribed to PYT you must have had first hand experience of their calls and services. Like to share it with us?
Hello,
Nice discussions and information. I have been in the market for about 5 years now and have tried couple of tips provides and lost money and folled by their 300% – 1000% retuns ads.. One should have a common sence ( till I lost big hardearned money) I realized if one earns that moneny every month by 500% appriciation they would become one more Ambanies and Tatas.. However, since I dont have time to research and pick the stock was searching for genuine tips provider. Even I tried PYT for three months and not seen any good results. One should maintain extreme trade managment do to their call ( lot of people send lot of pics). Some point I feel like its a lottery… Apparanlty I leant from one of my friend that their is one tips povider ‘ nrichwealth.com ‘ who charges reasonable price. The best thing is they call you once you subscribe to them to know your style of trading and train you to adopt good trade management and give 5 tips a day with correct and timely followups. I have been with them for two months now.. they dont promise % of retuns or give you a publicity like 200% a month. I have seen 28% retuns in first month and 31% aprrox for Aug. I did not have courage to their options picks because I lost lot of money in options. But I leand that they give nice hedge positions to their option calls..
The best thing is unlike other wedsites they do not show false past performances, they share real trading account statements.
Disclimer: I am not promoting their sevices herewith; this information is just given out of my experiance and read lot of faliure stories in the stock market.
Kumar, great to see it is working for you but then the only question. Is it scalable to the level where it works for you for an elongated time frame. On top of that how many tips you have tried before finding some that has worked for you.
I an too young to comment on scalability, coz I am just 2months old with them. I have tried quite a few number of these kind. But you can make difference between the others and these guys… I think qualification matters.
salaam Shabbir Bhimani baai,have u heard about intraday tips provider NIFTYDIRECT,where people give long/short calls on equity where i gained more than 85% from their tips rather loosed much more from providers like nifty tips and days gain etc.
No I have not heard about them but glad to see that you have found someone that is working for you.
Dear Shabbir,
Thanks for saving my money and time. Your article was found at the 11th Hr.
Thanks a lot and will u more success.
The pleasure is all mine Dohaki.
I am not spamming your blog/webpage, I am just putting my view with respect of your’s if this is called spamming, then yes I am spamming irrespective of the fact where they are intended and where those been placed or where you commented it’s perfectly visible to everyone.
Also, If I would have spammed, could have used some other identity or IP, but not have that intention.
rest assured, will never put any comment in ur blog 🙂
And never assumed that someone will help me with new buddies as am not asking for any money/donations, if someone like the same will join otherwise he/she has other choices, to loose his/her hard money in trades with there subscription amount.
Administrator,
nifty20twenty.com
I thought your one liner comments saying the same things again and again did not made no sense to me but glad that your intentions were not wrong. If you think your product is great, no one would consider whether you are new or old. At least that is what my experience is. Even a blog as big as TechCrunch found my content useful and linked to it because it was pure quality news. So focus on getting good tips and rest would follow.
Gentlemen, I have a couple of questions.
1. “Great to see your book on TA and will love to read that as well.”
Whose / which book is being referred to here?
2. “in case you are paying for the same to some webber, I don’t know the name
exactly!”
Did you mean Shabbir paid someone to do his website? Or did you mean you can
have an equally attractive website if you paid someone to design it for you?
Paul, admin of the nifty 20 20 tips provider has decided to write a book.
Also I recommended him some good web and email service provider like AWeber. This guy has started spamming with his link to the site in his comments. Deleted his few of those one liner useless comments and if repeats the same again all his links will be removed unless he makes sense. I was waiting for this point to happen and I knew this would happen as it is more often a case with new Indian webmasters.
I am a fairly new blogger when it comes to Internet Marketing but then I don’t mind respecting the bloggers in the same niche and follow them as well as admire them. See this. I see some of the successful Indian Bloggers also do the same like Manshu of OneMint or Manish Chauhan of JagoInvestor or even Deepak of BikeAdvice but most Indian new webmasters (I couldn’t resist) always consider the other webmasters as competition where as there is lot of synergy options which they just could not think off.
Just imagine he had an option to prove his tips are worth while and that would mean, I would have emailed my readers that I found one stock tippers who proved me wrong. Think about the members he would have got. Do you think after reading this I will do that. Sad to say that most of the Indians love to just spam and I am sure very few would disagree.
Yes, i also don’t trade in spot/cash, then i think you can’t force me in that case for doing the same.
Also, your bolg is full of bullshit whether it’s critics or worthwhile.
Administrator,
nifty20twenty.com
So why you are posting your links and comments on my BS Blog. Just handle your tips on your site.
Yup, you have the right for knowing the same, my full name is Harsh Wardhan Joshi.
Also if you are a web developer you could have got it after goggling the contact page of nifty20twenty.com :), as I am not been able to add the same on joomla platfrom, but had it all readymade, and published also and not been able to integrate the same to my website.
I want to clarify a point that one who don;t have knowledge of web development can.t test his/her skills with nominal investment with the wide world web or so called WWW, and I will prove the same without asking any upfront from the people.
Administartor,
nifty20twenty.com
Hi Shabbir,
Firstly, I should thank you for all your frank opinions and efforts about giving comments/reviews of PWT.. Its indeed a great thing and very helpful for a normal trader like me. I have been trading since sometime now, but I have not been able to understand how to read/analyze the charts based on different patterns that usually people talk of.. The different candle formation and as such.. Could you please provide me an info of where do I look for to understand these things as a beginner to trading.
Thanks again for all your blog information..
Hi Vishwanath, glad you liked my article and for understanding market technicals, I will suggest you to look at my technical analysis tutorials as well as my Do It YourSelf Technical Analysis Book and Forum
Hi Shabbir,
I went through the link of technical analysis tutorial link that you proded above and its really very useful.. I could get very much info of various things that I was not clear of.. Many thanks again to you..
The pleasure is all mine Vishwanath.
🙂 i’d purchased PYT as well, but never did anything based on their recommendations. it was more to see if I could get anything useful from it. I’ve had my share of 14-15 baggers but they’ve come in either by my dad’s bequeathal to me (shares rode after they landed in my demat) or my own bona fide investments where I got plain lucky!
NIFTY 20 CALL ANALYSIS FOR 16 AUGUST.
GAIL FUT. (BUY 372) WE COULD HAVE BOUGHT GAIL FUT. WITHIN THE FIRST MINUTE OF TRADING, OR SUBSEQUENTLY, MANY TIMES WITHIN THE FIRST SIX MINUTES, THAT IS, BEFORE 9.21.
THE CALL TO COVER GAIL FUT.AT 373.5 CAME AT 9.44 AND GAIL FUT. REACHED 373.5 AT 9.58, AND STAYED AT 373.5 FOR HALF A MINUTE. I DON’T KNOW IF WE HAD PLACED A SELL ORDER AT 373.5 WHETHER IT WOULD HAVE BEEN SOLD, CONSIDERING THE VERY SHORT TIME IT STAYED AT 373.5 (LATER, TWICE, IT CAME UP TILL 373.45, BUT NOT 373.5)
MY OPININON ON THIS CALL: YOU WOULD HAVE NEEDED LUCK ON YOUR SIDE TO SELL AT 373.5, BUT IF YOU ALSO PLACED A STOP LOSS AT 373, MOST PROBABLY YOU’D HAVE MADE THAT 1 RE PROFIT.
AS FOR VOLTAS FUT., THE FIRST 1 MINUTE CANDLE HAD A LOW OF 111.95, BUT AFTERTHAT YOU COULD HAVE BOUGHT IT ONLY AT 112.5 . THE CALL TO COVER AT 113.5 CAME AT 9.38 AND TARGET WAS REACHED AT 10.42. THIS TIME IT WENT UPTO 113.8 FOR A FEW 1 MINUTE BARS, SO WE COULD SURELY HAVE COVERED AT THAT PRICE.
MY OPININ: IF IT WERE ME, I WOULD HAVE BEEN CONFUSED AS TO WHETHER I SHOULD TAKE THE CALL AT 112.5 AS I WOULD NEED TO BE VERY LUCKY TO BUY AT THAT LOW OF 112 WITHIN THE VERY FIRST MINUTE OF TRADING. SO AN INSTRUCTION LIKE “BUY VOLTAS BETWEEN 112 AND 112.5” WOULD HAVE BEEN HELPFUL. BUT IF BOUGHT AT 112.5, SELLING AT 113.5 WOULD NOT HAVE BEEN A PROBLEM , THUS MAKING A 1 RE PROFIT, ONCE AGAIN.
FOR KTK BANK FUT. THE BUY CALL CAME AT 11.24, BY THEN THE CANDLE LOW WAS ALREADY 90.65, THE NEXT CANDLE LOW WAS 90.75 SO THAT WAS THE BUY PRICE, IF WE WERE VERY QUICKONTHE KEYBOARD. THE COVER CALL CAME AT 11.24, SO WE HAD TIME TO PLACE THE ORDER, BUT CHARTINK SHOWS THAT THE HIGH AT 12.32 WAS ONLY 91 AND NOT 91.15. MAY BE IT RECORDED 91.15 AT NSE, I’M NOT SURE.
MY OPININON ON THE CALL: AS THE BUY PRICE OF 9.65 NEVERCAME AGAIN AFTER 11.24, I COULDN’T HAVE BOUT THIS FUTURES. COULDN’T HAVE SOLD IT EITHER FOR 91.15 AS THE HIGHEST IT REACHED AFTER 12.24 IS 91. (I’M WILLING TO BE CORRECTED.)
ALL SAID AND DONE, I THINK THIS ANALYST DESERVES TO BE ENCOURAGED AND GUIDED FORWARD AS HE DOESN’T CHARGE ANY ONEFOR HIS CALLS. HE ALSO SHARES (AT LEAST IN THE CASE OF GAIL HE DID) THE TECHNICAL BASIS FOR HIS CALLS, SOMETHING WHICH MOST “PAID” ANALYSTS WILL NEVER DO.
Hi Shabbir,
Till now I have tolerated you, but you are just making joke of integrity of a person who has just asked a favor.
Is is sculptured anywhere that a analyst’s can’t play with his SL/Target?
Is it necessary that one’s SL or Target had be to triggered if the calls are on intraday basis?
Most of the traders who have small amount of money do only intraday trades in futures.
I play in b/w as per the need and the indicator’s which I see/analyze on my charting s/w, as per my view one has to make small profit multiple time nor to stick to a higher target, in the meantime he/she can do multiple trade with small loss/profit inspite of waiting for the sl/target to be achieved.
Anyway thank you for your efforts & valued comments.
Administrator,
nifty20twenty.com
99.9% analyst trail there SL with higher prices so that they should’t have immediate impact on there earning while waiting for a higher target, so there is nothing I can explain/answer your this question “Also can you answer do you send tips with targets and stops and then exit tips in between as well and so how do you handle the fakey setups in technical analysis in such scenarios.”
Administrator,
nifty20twenty.com
Not sure I prefer this. What I prefer is to trade based on SL and Targets when you take positions and I am not of the feeling of changing SLs in intraday as we move along in a matter of few mins. Yes I Know SLs and targets can vary but possibly I prefer to be hitting by one of them rather than changing in few minutes of time because that would mean you have lot of adrenal rush and tend to be making mistake.
Possibly my style of trading is not that but I totally respect yours as well.
You don’t need to tolerate me because we both can operate independently.
Thank you for this advise also :), I am operating independently, but seeking some advices for nicer operations as you also are operating free blogs and helping peoples by offering your paid ebook.
Thus you are encouraging the trend of offering paid services due to your rudeness.
Administrator,
nifty20twenty.com
You mean to say anybody offering any paid book is rude or rather you mean to say thousands of author who have written books and sale them for price are rude. Let’s not argue on that and you provide your service on your site and I do that on my site or else it would get to a point of heated arguments UN-necessarily.
I agree to your finding and I am working on the same as it;s just 4-5 months old website, and want such sort of issues to be sorted out and for finding the same need some feedback, coz it’s a human tendency that what so ever he has done is good :).
Administrator,
nifty20twenty.com
You should be browsing your site as user and solving those basic error because if you wait for such feedbacks from user, they would prefer another site.
Give the guy a breather, Shabbir ! Why don’t we give him a test run? Say, for a week or so ? If the 20/20 administration is willing to, he can send you his forecasts by whatever means he chooses to, and you can record the time of receiving the call and publish the outcome on this site. Sounds good ?
Yes I will be more than happy to get that done. I have just de-registered my phone from DND and so should be ready to start.
Their site is so horrible that I even don’t feel like testing now. They don’t have an SMS service of their own which only costs 10 paise or may be even less to SMS.
Hi Shabbir,
If you see on the website or in the forum (http://www.nifty20twenty.com/freetips/index.php), we don’t charge any money from very begining, hence it’s too tough for us to provide SMS through our own SMS service/gateway whether it’s, merely 10 paise or less then that, also I got your SMS activation notification, but the mobile no. consists of 11 digits (98876765654) with only s as your name and s@s.com as your mail id.
If you can update your correct no., sms will reach you in timely manner.
Also, I would tell you that in my earlier reply only, I am not a programmer/coder, still I have managed to publish the website on my own from gathering information available over the internet. I am trying to modifications.
as you also know that for every good looking thing we have to spend out money, and as we are providing free services, it will take some time to see a good pro site with other facilities like own sms service etc.
Administrator,
nifty20twenty.com
This proves that you are not confident about your business. This blog is free and it is online since August 18 2007 and though it is free, I started using lot of paid services like AWeber for my subscribers because quality cannot be compromised. I still can opt for some cheaper Autoresponder but I don’t do that.
Also My other blog IMTips.co is completely free and still I am using lot of paid promotions and paid services including AWeber for Email because of the same reason. If you think that your tips being free means you can compromise quality, you are not online for business. You are just online because you could be online and I don’t think I would prefer to give my details to you.
On top of that the details I entered was just for testing purpose to see things on your end and if you just put them in public comments here, that shows your professionalism as well. I could not trust your site with my details to be honest.
Sorry if would have hurted your feelings. I have putted the contact details in public comment coz they were not accurate.
If all these things are concerned about investing in a pro looking site and other means and then milking money from it by cheating peoples, then I am not confident and don;t have professionalism, and I don;t want to be one of them :(.
Administrator,
nifty20twenty.com
If you think that making site as per what your user expects is something you cannot do then I would not prefer to be a user of your site. Just an example: Your home page reads Latest Intraday Tips and so I expect links under that section to be Intraday tips that I can read and verify things but those links to Insurance and other investment related articles. If things like this is something that you cannot do it rightly, I don’t prefer to be user of your site. Period.
No you have not hurted my feelings and things like those should not be posted in public areas or they would be spammed. I have my information in public to the extent it does not get spammed and so I am fine with that.
I think you might would have received the sms from fullonsms.com, I have added you in my channel.
Now please, don’t ask from where I got your no., otherwise again you will say I don’t have professionalism for publishing the detail in public comment :(.
Administrator,
nifty20twenty.com
No I have my number available to public and so I don’t mind if you do that. I pointed out an issue on your site and so there is nothing personal but I expect things to be easy to find on your site which is not the case.
Hi Shabbir,
Here’s the list of calls I had from Nifty20 today. I have mentioned the time at which I received the sms messages. I’m a little confused about the DLF call though. Not sure it came from them.
MESSAGES RECEIVED:
8.55 AM. BUY GAIL ABOVE 372 TGT 378, STOP LOSS 369
9.10 AM BUYVOLTAS ABOVE 112, TGT 114, SL. 111
9.25 AMGAIL CALL INITIATED AT 372
9.38 AM. VOLTAS NOT MOVING MUCH. BOOK PROFIT AT 113.5 ORFOLLOW WITH SL OF 113.
9.39 AM VOLTAS IS NOW 113.5
9.44 AM. GAIL ALSO IS NOT MOVING, BOOK PROFIT AT 373.5 OR FOLLOWWITH SL OF 373.
9.45 AM GAIL HITS REVISED STOP LOSS OF 373.
11. 24 AM BUY KARNATAKA BANK CMP 90.65 TGT 93, SL 89.45
11.33 AM BUY DLF AT 217.8 SL, 214.8, TGT 221 ( I’m not sure it came from Nifty20. It was not a Full On sms. But the number seemed to be the same.)
12.24 PM EXIT KARNATAKA BANK AT 91.15
12.56 AM ALL POSITIONS CLOSED.
Hi Paul, Yes I have some of them as I started late but the one complete call that I have is of Karnaraka Bank. I have doubt with most of them like you have mentioned 11:24AM Karnataka bank and at 12:16 I got a call of exit Karnataka Bank at in 91.15 and so I have 2 doubts in this.
1. Tips should either go to stop loss or target. Nothing in between. At least that is not how I trade.
2. Rates I could not get what was mentioned. Nothing near even. Actually the time when it was mentioned like 90.65 and 91.15 but I could not achieve them when seeing the rates online. Did you manage to see those rates?
I think you are seeing the spot prices in charts :), and I have mentioned futures prices in the sms.
Yes I have seen spot prices and your SMS read the following.
Buy KARNATAKA BANK LTD CMP90.65 Target93.00 SL89.45
And no where it is mentioned it is for futures.
Also can you answer do you send tips with targets and stops and then exit tips in between as well and so how do you handle the fakey setups in technical analysis in such scenarios.
This is height of your ego initially you analyzed I am not confidant, then you analyzed I am not professional and at last I am fakey 🙂
Administrator,
nifty20twenty.com
I don’t think Shabbir was calling you a fake. Ithink he was talking about a trade set up that looks like a trade set up. but then suddenly fails. I’m told the big players (the smart money) use such fakey set ups to lure the retail investors into making wrong decisions.
And yes, next time while issuing calls, it will be a good idea to use the suffix “Fut.” after the script code to show that you mean the trade to be done in Futures.
eg; Buy Gail Fut. at 372.
Yes, and I believe you have the right to shift your stop losses and targets as most analysts do, provided you give enough time for the trader to respond to those changes.
Hi paul,
I think you have got all the SMS of the day, you don’t even believe as and when I got my indicators against my call I worked ASAP, and send the SMS’s and after that that only I placed my sell orders on my calls.
Thanks for appreciating my efforts.
Administrator,
nifty20twenty.com
Fakey are setups and not views on your service.
Sorry for misunderstanding your expert comment, I am in consultation with my one of my friend and are creating a afl code for such scenario’s so that small traders doesn’t trapped in such cases.
Like if you see in my call of karnataka bank one can be trapped but we managed to strip out that black out and still someone holding that call will be out by tomorrow, perhaps it could be on lesser profit coz most of the analyst have also traced the possibility for been cheated on such scenario.
The last thing depends upon trust, as all of the tips provided are with disclaimer which can’t be published into a sms as whether it’s a paid service or free, for that one has to visit the website/forum/blog and never the more one have to oblige with tip/call provider’s time.
I have been cheated from 2 of the providers, will not share there names over here as, it was a sms based solution, and 6 year ago, so no one can prove it.
From that day I started to take interest in analysis, obliviously my interest was with technical as from my educational background am a engg. graduate and initially not been able to understand the fundamental things, through which warren or our jhunjhunwala got limelight.
I decided to take initiative for free tips, so that no one can be milked only for small penny and he/she would loose his/her hard earned money, and that’s why I created a website from my hard earned money and at present am not in a position for so called pro looking site or sms services.
Also never asked for donations, yes everybody will ask a question it’s more or less 5 months old website, and subscriptions are for 1 year.
But maintaining a website/forum blog and providing the time for the same are limitless.
But I want to help people, who don’t realize that they have stepped into a firezone and trading without knowledge is like doing surgery without having MS/MD or building bridges/roads/houses without having civil/mechanical degree.
It’s a risky zone and people loose there hard earned money over here if they don’t have sufficient knowledge/gut’s likewise you or your clients(Whom you assist).
Never the less I salute your initiative also.
hat’s off for you for assisting people
Administrator,
nifty20twenty.com
Also please remove my number from all those SMSes because I don’t trade in futures anyway and so those SMSes are meaningless to me now.
As requested, I have removed your no. from channel and now omwards you will not receive any sms from my site/channel.
Administrator,
nifty20twenty.com
Yes I received the confirmation of removals. Thanks for removing.
As briefed yesterday, you can see still Karnataka bank is trading on the levels which I have suggested, so I request you not to make any ruddy assumptions based on your imagination for some person due to which his image can be mutilated.
Administrator,
nifty20twenty.com
No I have not taken any assumptions and rest assured on that part. I don’t trade in FnO and so it does not matter now. I thought those tips are for cash so I could verify but that is not the case any more.
For your information!
Also I should specify you that layman or novice people or persons who subscribe to most of tip providers don’t understand a bit of difference between spot/future prices.
They only see the price flicking on there screen of NOW/NEAT/any s/w which is futures price.
Thank you, for intimating me that I am not mentioning whether the trade is for future or for cash, next time this will be taken care off.
Administrator,
nifty20twenty.com
Great and I think that is something this discussion helped you.
I think am a layman for English, as till now I didn’t understand what you want to say, can you put some light on your expert comment.
Administrator,
nifty20twenty.com
No, I haven’t checked those figures. I’ll back check on NSE or Chartink when I get the time to, and revert.
If you are using some paid auto responders like AWeber for your free blog, then recheck them with some dummy id’s, as I am not able to receive the most.
I am sending you all of my communication received for this comment section for your valuation.
Administrator,
nifty20twenty.com
Ohh but the email that you are entering in comments here in blog is not subscribed and if you still expects the email to be delivered, that is asking for too much.
I have subscribed for the email alerts for this page only, coz I am not concerned about your other pages :).
and still I am not getting some comments on real time or close to real time.
Administrator,
nifty20twenty.com
You are not expected to get response on real time.
After reviewing the abstract of your comments, I also decided to write a book for technical analysis.
Further to your notice, I will publish this book by this month end and free of cost which will cover all the possible aspects of technical analysis.
Also, I am in talk to different email and sms providers to provide good feed-burner/sms services for my domain that also free of cost for users.
As of now I also had seen your professionalism, as one side you give bogus no and identity for testing, and on other hand you have provided your no and other details available to people through your biog, and after that you publish that you don’t trade in futures, then who one can believe you, and that’s the reason I don’t care how do you rate or give reviews about other’s.
May god flourish your business as you have all ready stated.
Administrator,
nifty20twenty.com
Great to see your book on TA and will love to read that as well and I am sure I will be able to learn things from it as well. Nice to see that you are getting to nice SMS and email providers.
I gave bogus no not for testing your service but testing how good is your site is all about. Being a web developer, I always do that with all the sites. If a site accepts 11 digits as Indian phone numbers, it provides an opportunity to make it better.
Yes I don’t trade in futures and who says everyone needs to trade in futures to make money. Even if everybody says that, I am there to proof everybody wrong as well.
Yes my same wishes to you as well from my side.
BTW, can I know your real name please because I like to call people by their name and not by their site name. Just in case you want to share.
Paul, I thought of testing their service but just couldn’t get the mental barrier of giving my details to them.
No problems in that regard. I subscribed to the Nifty20/twenty free service last night (they don’t have a paid service for that matter) and have been receiving sms messages since this morning. I’ll mail you the details of the calls at the end of the day with the exact time those messages hit my inbox and you can do the evaluation (as I’m not too good at doing it myself, In the sense, there seems to be revised stop losses to the calls so it needs patience and professionalism to arrive at the correct judgement.)
By the way, what was that about a 11 digit mobile no.?
Actually I am not a programmer, just trying to make a website from taking online help either from blogs or online articles.
The tips provided in my forum or website are only my views after analysis, also I do trade on my tips and in the meantime I publish it also, so that someone else can also be benefited.
Administrator,
nifty20twenty.com
How can someone else benefits from tips that you have completed the trades because tips has to be either real time or as close as possible to real time.
my tips are very close to realtime, to check the same you on our facebook account nifty.twenty
Administrator,
nifty20twenty.com
Also, the users who have shared there contact details are communicated on there contact no via sms through fullonsms.com(it;s free sms delivery site also without advertisement), but the DND should not be activated on there mobile, it hardly take 1 sec to deliver the sms.
Administrator,
nifty20twenty.com
Tips on SMSes can be better than email I agree but not sure if anybody would prefer thousands of promotional tips from other providers just to to get your tips.
I have de-registered my phone from DND to test your service and you can be rest assured for an honest review. Let me know how can I get subscribed to your service because I have done the form on your site Free Nifty Tips on Mobile but I see that you are using Google’s sms services and not by fullonsms or may be fullonsms is just a proxy of Google and nothing more.
It can never be when they are posted on blogs because posting takes time and then when users are notified they are emailed from server and that has to be in batches and so posting tips on a site with users being notified can never be real time.
Hi Shabbir,
Just came across your blog. Even I also operate stock market website. Our main focus is on technical analysis and our recommendation are mostly on nifty future, nifty options, short term stocks and intraday stocks.
Please do visit and let us know if you have any suggestions or advices for us.
Administrator,
nifty20twenty.com
Not a very pro looking site yet one question which is why you give tips to others when you can trade and make millions out of those tips.
It;s like the same view you started with your ebook, and help the novices.
But the only difference in your ebook and my tips is that your ebook is available on chargeable basis and my tips are available free of cost.
Administrator,
nifty20twenty.com
I am not talking about the process or pricing, I am talking about professionalism.
Let’s see if other forum members feel this is a good idea. To hold a contest for stock analysts and declare the winner as “Analyst of the week / month / year” etc.
This is blog and forum is here
How about this blog holding an open contest for stock tip providers, Shabbir ? All the interested “gurus” can probably make predictions that will come true within one week or two and we can publish the calls and the outcome on this blog and keep a score sheet for the no. of target hits as against stop loss hits.
I am open to do that but I am sure none of those stock tippers would agree on this and we know why? After this article I was offered free tips options because I was not satisfied to PWT services and I just wrote them that I will be more than happy to get the account but I will not make a paid review of your product but an honest review. If you still want me to have your account I will be more than happy to get one and none of the tippers replied after that.
The question should be, is there a website or a call provider who can produce at least a 10% profit on capital in a whole year ?
And to add to that question, he should be sharing that profit with you for some cheesy few hundreds.
Similar is the story with capitalvia research , to hick i suvscribed for 3 months. Contrary to the tall claims made on their website about profits in lacs , it is totally false . i advise and appeal to everyone to spread this message about CAPITALVIA TOO BEING A FRAUD COMPANY.Anyone interested in knowing their modus operandi of fooling investors like me can contact me at my mail sandeeppai@ymail.com
In my village there’s an old story of one who had listened to the Ramayana being recited all through the night and in the wee hours of the morning innocently commented: “So bad of Rama to exile Sita. After all she was his younger sister, no?”
What an Analogy
Hi shabbir,
Can you recommend Intraday tips from poweryour trade are worthy or not?
Thank u,
Aasim, what do you infer from my review?
Does any one know any firm that has consistently made majority winning calls resulting in net profits?
Hi,
Even I closed account opened at PYT and that too twice 😉
Frankly speaking most of the calls are just calls and they don’t care about stop loss,
Intraday calls given by Ventura Capital are too vague to believe, and most of so called experts call are again doubtful as they don’t keep any followup of the same. I made handsome profit without taking any such tips and then I lost more than I made after starting account with these. I prefer to use own sense and own technical analysis than relying on anyone’s tips, they better work for themselves only 😉 free charts from bazaartrend are nice , with little mathematics and power of news one can earn decently.
Dear Shabbir,
Very helpfull review, now I have to think deeply whether to renew the subscription of my tips provider or not.
Thanks a lot
The pleasure is all mine Masih Patel. 😀
Hi Shabbir
Tanx aton bro…tat was really helpful……u ve ndeed done ur hom work….which has come handy 2 all of us…..
The pleasure is all mine Sreejith
Dear Shabbir,
This is Irshad from lucknow. The day i start trading from that i my losses increasing every month. Now i’m going to subscribe to S P Tulsian their multibagger stock.
My losses reached more than 5 lakh. I have the record for all losses from trading account.
If you can help me please. How to catch multibagger stock from beginning.
Waiting for your early reply.
Irshad
Irshad, multibagger stocks is more related to doing fundamental analysis and I prefer investing late into those multibagger stocks when technicals align with fundamentals.
Shabbir and folks,
Thanks for the active , very insigthl discussion here . This is very rare as most of the web filled with magic wands/ instant tipsters with I know all syndrome .
Thanks Jayachandran for the feedback.
Hi everyone,
I am mildly surprised at this article. Surprised because i thought PYT would be a good option (being promoted by moneycontrol, of course), and only mildly because whatever i have heard of all these advisors, there’s hardly been anything positive. Thanks to shabbir though, you’ve done a nice job. I can’t dare to subscribe to them after reading this.
Anyway, is there anyone who has found a decent advisor as of now? I might be too hopeful here, but i think someone might have come across a decent advisory firm?
I have recently had a 2-day free trial to beststocksolutions and i found their tips to be fairly accurate, and i am actually thinking about buying their 6-month pack for Rs. 7,000. Anyone got any idea or some personal experience with this? I couldn’t find any complaints against them and also the rating given was 9.9/10 (not sure who gave the rating). I still haven’t bought the service but i had tracked their calls during the free trial live, and found most of them to be correct.
Any advice on this guys?
According to me the stock tips are bound not to work and I will write a details article and update why I think that way.
Well, i would love to hear on that. So that means you’ve had no experience directly or indirectly with these beststocksolutions? They have some tie-up with KR Choksey and angel as well, and say they give one tip every wednesday which is a sure shot hit and charge a whopping 5,000 for that! But they say it always makes a huge profit. I won’t go for that, but their tips in general seemed okay. In any case, since you’ve had some experience with advisory firms, would taking a detailed look into their website, their way of functioning and performance etc. help you in taking any informed decision? My broker’s tips aren’t great to be honest and i can’t find enough time to research and take decision myself. I’m quite inclined towards this but i need some experienced inputs first.
Sahil, you have to understand few things when taking those tips into account.
1. So called trading tips are mostly news based tips and so you have to verify them on when you get them and how much time you have to act upon them.
2. How many people are actually getting those tips and what is an impact only an email blast from those stock tips can do in terms of demand and supply to the stock.
3. What is the basis of those tips and how are they suggesting those tips.
Many forums report that PowerYourTrade Tips works if they act on it few hours later or wait for couple of days and if you dig into the details why you would understand that it is by one of the largest Indian finance site and so those tips are being read by hundreds of thousands of people and if they all buy at the same time they would inflate the price anyway and so waiting after the tip can be a good solution for fundamental tips.
So if you understand how those tips can help and also know how you should be taking your positions, you should fine even with your stock brokers tips. So the trading tips are never bound to work unless you know how to make them work.
I hope I am clear
Now if you don’t have the time to take decision yourself I would suggest don’t be in market. If you cannot dedicate few minutes a day and want to trade blindly on some recommendations, you are at mercy of those tips which is not very good choice.
According to me all stock providers are more or less fake. I have subscribed with Sify few years back and got disappointed badly. Better we always do research by our own and do invest or trade.
Share your view.
Hitesh that is a very strong statement. I see you also provide lot of tips (for free) on your site as well. 😀
For those who are in long term investment i would suggest moneyworks4me. They do not recommend any buy /sel levels.Simply they provide short term and long term outlook of stock based on the historical performance and future expansion plans .
Further they provide intrinsic and discount value of stocks (value investing) which is what a value investor/long term investor needs.
Disclaimer: I personally hold account with moneyworks4me.
Hi Shabbir,
Thanks allot for sharing your experience, Hope you have traded few calls on Power your trade, plz share your experience on calls, how reliable they are??
To be very frank I have not traded on a single call of PWT because they don’t fall into the right pattern of what I prefer and when they provide the calls. I now have stopped tracking as well.
Yes, Shabbir.
Shabbir, a discussion of this sort, we know, can attract comments in favour of one trip provider or the other notwithstanding the caution you have advised against them. At a later stage in this discussion, I wouldn’t be surprised to see the stock-tippers themselves joining the discussion disguised as investors who have had ‘excellent results” with a particular stock-tipper. But since Mankad says one of the best picks he received from EM generated a profit of 10%, we can safely assume he’s a genuine trader. (By the way, EM is Equity Master,is it?
Paul one more thing which has been added by Mankad which is by additional Technical Analysis things and that also adds that he is genuine investor and customer of EM
I wouldn’t completely write off technicals though. Some times some set ups seem to work.
And Naveen, I could be wrong, but the wave patterns, swerving out of all proportions even in the middle of a bull or bear rally could be the manipulative strategy used by the biggies to shake the average retail trader out of both positions, long and short.
“The markets can remain irrational longer than you can remain rational”. May be they are made to remain irrational.
Very true..just seeing some particular stocks moving up..i presumed somewhat correctly that the DII’s were inviting trouble from the smart money people…Markets ought to be like this and cannot be anybody’s guess..You need to play it smart to emerge winners..All these technical and fundamentalists spoil your capital (erode in many cases) if you follow them blindly. Be watchful, pay attention to your surroundings and follow stop losses logically..Thanks for your replies…
I guess if you’re really good and infinitely patient and watchful, you can get in at the middle of a rally (though the big guys probably did so at the beginning) and get out with a limited profit before the rally ends.
Or else, you can be one among the 80% to 90% of all traders (and of all times) who suffer losses to make the ‘smart money guys’ (the 10 to 15 % ) richer.
That is the way in the market always.
How do you manage to trade with Technical Analysis, when the big boys (Foreign FII’s) are trading against the same and cashing in huge profits. ( By moving the markets to the bull zone and at the same time triggerring the stop losses for the long positions thus initiated ). Any thoughts ?
Naveen, the simple answer is you trade with them and not against them.
Renju, if there exists such a consortium of ‘the biggies’, then their ONLY objective will be to relieve you and me and thousands of other ‘not-so-biggies’of our hard earned money and add it to their kitties. They wouldn’t bother about selling you ‘tips’ to make us rich, because they can be much richer, operating the way they do. Did you notice that during a few crucial days before the closing of the January contracts Nifty suddenly started showing continued white candles exactly from 3 p.m to 3.30 or on one particular day till 3.20 pm? Did you pause to think why? Read between the lines and you get the answer. Nifty’s closing price is calculated as some sort of average of the trades between 3 and 3.30 pm and the average trader (the one without a few thousand crores to invest) has his emotions spiraling when he reads the close price and trades accordingly the next day. They (the big guys) are in the business of making money and lots of it, and they can do it much better by making us enter the wrong trades than by taking a measly subscription fee and giving us tips.
Sir
your findings seems to be quite correct and reliable..i was also a subscriber of pwt..i never find anything valuable other than a few…i felt that ifin sometimes gives best tips..sir have you ever seen moneymunch.com..i just want to know their performance if you personally any experience with them …..sir is there any consortium of biggies who provides tips???
Tips are always good if you know how to use it and not trust blindly. This is all you need to know and though I have taken PWT by paying 4500, I am yet to make one trade on their tips
Thanks for sharing your experience.
I have been using equity master services for a long time. I found the reco to be suitable for long term investor who desirers to build portfolio for long term benefits.
Mankad, can you share some specifics as that would help others.
Sorry for delayed response.
I have been a subscriber of EM for more than 3 years now and avail all service. What I like the most is the way they track their reco on regular basis / on exceptional events. This tracking results in Hold or Sell recommendations. Their reco report are quite detailed and can be well understood by average investor. There success rate is more than 70% with some of their recos giving very good returns (e.g. their value pro reco has provide 10% returns in last one year and with little bit of help from technicals, one could have even earned more (by deciding to exit / add through self study). Some of their rec on this series have been : HUL, Rallis,IDFC etc.
I have no hesitation in recommending this servcie to average investor with suggestion to read and study their research reports. In fact, occasionally, they come up with special recos (when market valuations are attractive). In last month, they recommended PFC, tata Steel and Infy as large caps for next 2/3 years. Let us see !
I am sharing as service to small investors like us and to contribute to great work that you are doing.
I do not like Power Trade like servcies as for trading, time is of essence and by the time reco reaches us, stock has completed it’s short term move 🙁
Mankad, 10% return in last one year is not attractive and you could make more if you just keep your money parked in FD
Shabbirji,
Could you share your views on Basantji’s TED Corner. If you have not by chance visited the site I would request you to visit and provide you valuable insight.
Bikram, I normally share only my experiences and I don’t have account with them.
Hi Shabbir, just came across your blog. Even me and my team operate stock market blog. We do focus on technical analysis and our recommendation are mostly on nifty future, nifty options, short term stocks, multibaggers and intraday stocks. Do visit and let me know if you have any suggestions.
Hi Bhaveek, your blog looks good but the question that I have is how do you send instant email notifications for the tips?
All email notifications are sent via google’s feedburner, its free and you have lots of setting to play with.
That does mean they are delivered on real time because Feedburner does not allow you do that and can only guarantee you deliver within few hours of schedule time.
Or, for that matter, is there a “stock-tip-er” in India who’s worth his salt?
I am yet to see anyone from India who has made few times worth for his customers and clients for few bucks.
Shabbirji, what are your thoughts on Equitymaster’s ValuePro?
Mansoor, I cannot comment on their service because I have not seen it but as a general statement, I am yet to see a stock picker who has made few times his investments for his customers and clients only.
Hi Mansoor
Equity master I have had a first hand experience with EM.
Horrible service.. Very bad. I initially thot they recommend stocks for long term, But i realized the longer I held to the recommended stocks the more money I lost. And the one day (After 3 years of subscription) I did some analysis and found, out of every 15 stocks recommended only one made profit(Not even hit targets) and rest lost money for you (all more then 20%). Also you keep waiting for updates on buy recommendation given by them but it comes only too late by then you have lost more then 50-60 % of your money. The funniest part is, they forget they have given a buy call 2 years before (which is making huge losses) and recommend the same stock with a new target and again the out look is for next 3-4 years. At the end you are stuck with a stock for 5-6 years just to break even after averaging.
I would recommend a stay away(As away as possible) from EQUITY MASTER
Shabbir, I’m glad somebody has been brave enough to invite the wrath of heavyweights such as moneycontrol and sharekhan. There’s a website ( Iforget which) which in fact is meant to rate the losers and winners among stock tips but I suspect their’s is a stagemanaged website.
Paul, Thanks for those wonderful words and yes there are many such websites which could be managed by big boys.