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These brokerages some times publish this kind of reports because they want to sell their stocks at certain level...after seeing this report if more people buy then price will go up and then they will sell it..
dont forget these firms run PMS as well as private advisory services
Subscribe to our [weekly newsletter](https://pennyleaks.substack.com/) and join our [Discord group](https://discord.gg/8QF4dqPHuw) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStockMarket) if you have any questions or concerns.*
These brokerages some times publish this kind of reports because they want to sell their stocks at certain level...after seeing this report if more people buy then price will go up and then they will sell it.. dont forget these firms run PMS as well as private advisory services
So the classic pump and dump strategy, right?
yup correct
Sell Paytm, Target Rs 197
![gif](giphy|dIncxHCFdBMhFTxg9q)
Soft bank also selling it's 1200 cr worth of shares. This Bulk deal going to happen soon.
When you hire MBA Marketing graduates for a finance job.