BankNifty Trading Telegram Paid Channel

F&O
1

Hello fellow traders.

I have a questions and I am looking for an honest opinion from you guys.

I haven been in the market since 2016. Started off from Crypto and slowly into Options like Nifty and Banknifty.

I definitely had tough time in the initial years, losing out all money every time I invested. After the struggle, I slowly started becoming profitable and I am in a very comfortable position as a trader, today.

There are tons of people who need genuine help and who cannot learn how to trade.

I want to know if I can start a Telegram Channel and let people follow my personal trades of Nifty and BankNifty?

Iam not going to talk about Equity/stocks at all. No personal recommendstions of any sorts.
Clean and neat Nifty and BankNifty personal trades will be shared.

At the end of the day, I will be sharing the screenshot of my Zerodha account to be transparent about the trades Ive taken on that day.

Is this ok? Or SEBI has issues with that?

If SEBI has issue, understood. In that case even health bloggers need to have some sort of certification to talk about health and fitness. Dont you think?

Your guidance will be appreciated.

2

Do you charge anything to be on that channel?

3

You can post your trades but don’t think you can tell others to buy/sell or recommend without license

Better than screenshots is verified P&L. You can post screenshot and link to verified P&L too.

4

I don’t think there is any issue, u can add disclaimer for your channel,

BTW if u r providing help u can provide free of cost, people would deter mine their own risk to take a call or not as I have seen many such channels / grps on WA & telegram providing signals but many people fall prey & lose their money.

Many fraudsters are active on all social platforms.

Better if u want to help people u can help for free & u can provide ur analysis on that too. People take their own call if anyonlbody good they will join.

5

But seriously why? What’s your endgame?

1 Like
6

No, I dont.

7

Looks like you changed the title of the topic to “Paid” :wink:

3 Likes
8

somebody report this guy @Wotzzup (Rohan Kumar from his profile). let sebi take appropriate action and sue him for doing illegal stuff.

9

So how come people are running all these paid telegram channels for options in nifty and banknifty? Is it illegal or they need to have a Nism certificate of some sort?

10

It is ILLEGAL if you are not registered with SEBI. There are thousands of such illegal Whatsapp and Telegram channels that cause traders heavy losses.

SEBI is more proactive than it ever was. Their crack downs have been slow. Now, most channel owners market their Telegram channels as Stock market classes and later sell them the signals group memberships.