One of the major problems in the Advisory Services for Stock Markets is that the internet is filled with innumerous Advisory Portals claiming 100% accuracy and lots of false promises.
The no of genuine advisors with credibility and experience would be minimal.
In the past also we have faced the issue of our advisory trades being copied/blog content being used blatantly.
Many a times we have had advisors copying our newsletters/trading calls as well as there have been instances some of them actually subscribing us in a friends name for their personal trades!
I have been blogging for the last 4 years regularly and providing advisory services before that but always we tried to not write anything about the instances as that would not be uncharacteristic of us to be negative on someone.
Recently one of the sites www.orangerich.in using the name Orange Financials was brought to our notice by few of our readers/clients. The site has been copying our trading calls exactly. Earlier i thought it could be a co-incidence but it seems all the research they have been doing is copying!
I would let the following mails and our message timings let you know how its been done.
I am pasting my trading calls given and followed by that images of the mails spammed by Orange Financials
1) Our investment call on City Union Bank – ( Now this becomes open to all blog readers:)
| 30-06-2010 10:18 | AnalyseI | Medium term holds - KEI Inds, United Phosphorous,Camlin,Easun Reyrolle,Lakshmi Vilas Bank. City Union Bank buy on dips to 34-34.5 or on closing above 37 with medium term view. |
2) Short term call on Andrew Yule
| 30-06-2010 13:39 | AnalyseI | Buy Andrew Yule at 36-37.5 stoploss tgt tgt 44 in short term. |
3) Short term delivery call on Astra Micro ( This call has also been given to our Delivery Gains clients at 60-61 itself)
| 30-06-2010 14:31 | AnalyseI | Buy Astra Micro around 63-64.5 add on dips to 60 stoploss 58.5 tgt 70-75. |
Also as per the readers who have informed me say the Track Record posted on the site www.orangerich.in is full of our calls and in that too ones we got a stoploss hit have been considered to be target hit!!!
Clearly shows the state of advisors in the current market – So i would suggest please take care before taking unsolicited advice.
To the www.orangerich.in – GET WELL SOON 🙂 – Readers can wish them the same 🙂
I dont know how many other advisors are copying our trades so would advise our loyal old clients and new ones to keep the trading advise to themselves and maintain integrity the same way we do in our services.
Regards,
Nooresh
June 30, 2010
really shamefull….this ORANGE needs a tomato on its face
June 30, 2010
Ha ha ha,,, I agreed with Jitendra :)….. Get well soon http://WWW.ORANGERICH.IN.
June 30, 2010
Dear Nooresh,
Remember, Imitation is the best form of Flattery. U can’t avoid copy cats when u r treading the path of success. See our film stars, they all have numerous duplicates. But film stars never get perturbed.
So just Chill. I suppose a small price to pay for being successful 🙂
July 1, 2010
Dear Nooresh,
I want to know the target for MUDRA LIFESTYE LTD.
Bought @Rs 45 . Can it go to Rs.100 in short term.
July 1, 2010
Dear Nooresh Sir, Fox wont become Tiger by taking the colour, like that they wont become you. so dont give much importance for them and dont bring them in limelight. Only originality lives long
July 1, 2010
Another Plagarism. Its really shameful.
July 1, 2010
Dear nooresh,
this should not be taken easy . Please send a legal notice and check for any legal action options. Nobody should steal you hard earned success . Try to reach them and make it clear that this practice is not tolerable .
Regards,
July 6, 2010
Who knows that who is cheater in this market.It also possible that u are also cheating with http://www.orangerich.in
YE PURE LOG JAANTE HAIN KI JO CHOR HOTA HAI WO PAHLE CHILAATA HAI KYUNKI USE DAR HOTA HAI KI WO PAKADA NA JAAYE IS LIYE WO CHILA KAR APNI CHORI CHIPPANE KI KOSHISH KARTA HAI.
BYE
July 6, 2010
Hi Mohit,
My blog has been there for last 4 years and apart from that i dont need to prove my credibility 🙂 which is for all to see.
Regards,
Nooresh
July 8, 2010
indiainfoline- 10:48:03 AM Long HCC July Futs at Rs120 with SL of Rs 117 for Target of Rs126
analyseI- 10:48:24 AM BUY HCC AT 119-120.50 S/L 117 TGT 126 128
sir aap indiainfoline ko bhi call dete he ??? kafi sare calls same to same hi hote he
July 8, 2010
Hi Mohit,
Many a times short term technical calls come at same time.
October 21, 2010
YES, I AM ALSO SUBSCRIBED TO ORANGE RICH . THIS BASTARD CONTINUOUSLY
GIVE FREE CALLS AND THEN WE INVESTORS FALLS TO THE TACTICS AFTER THE SUBSCRIPTION THEY CONTINUOUSLY GIVE LOSS CALLS, AND EVEN THEY DONT
ANSWER RIGHTLY IN PHONE, CAN WE COMPLAIN ABOUT THEM TO SEBI OR TO
POLICE
October 21, 2010
Hi Sri,
I wont comment 🙂
August 8, 2011
u have mentioned many times orangerich.in . but have not mentioned ur website name . i was just about to join orangerich.in , and i come to this article.
so how to join u.
August 9, 2011
Dhaval it is nooreshtech.co.in and http://www.analyseindia.com
September 7, 2011
dear nooresh,
Can we subscribe to ur tips via mobile msgs ?
Do u provide msg stock tips sir ?
I am new to the share mkt sir…
Rgds
Do reply
September 9, 2011
Hi rameez,
First learn a bit abt markets.
Rest once you are done with basics go ahead speak to our sales team Kazim 09821237002 asif 09833666151
September 16, 2011
i want to know what are your charges
September 16, 2011
Hi prashant please check http://www.analyseindia.com
May 7, 2013
Hi,
I was also cheated by these Ass****s. Everyone claims of having a research arm and what all they have is bunch of call centre guys.. making calls to customers and playing on hunch. If u get money u r lucky.. else mostly everyone gets trapped and loses biiiig in F & O.
My advice.. Stay away from Stocks its pure gamble. Due to addiction i entered 4 times and all the four times i lost more than 1 lac everytime.
No free lunches in this world.. and nothing comes easy.. u have to work real hard for it.
August 13, 2013
hiiiii this is kumar i want free trail tips for ceude and copper
thanks regards
kumar E
October 2, 2013
I also subscribed for dis orangerich.in for f&O tips Its a worst service provider compay. I lost more than 1 lakh rs. So dr frinds never subscribe for this co.