Email-ID to protest against BSE’s new Price Cap Rule

Guys, all those who want to protest against the BSE circuit filters can email at to voice your concern. Please be articulate about your concerns. We should let BSE know that how  this kind of weekly/monthly/quarterly/yearly limits would eventually restrict the true price discovery of the stocks in a free and fair manner. Imagine, if we had these restrictions last year then what would have been the fate of waterbase,cupid etc which went up on back of its improving fundamentals and nothing else.

These kind of restrictions would also cheat the minority investors in case of takeovers as the true price discovery would be restricted.

On the face of the it looks as if BSE is trying to mask their real intention of increasing the trading volumes on their exchange by encouraging trading over investment. As a mark of personal protest, i am now executing trades on NSE for the stocks which are listed on both the exchanges. I know this would not make a difference to BSE volumes, but this is my bit of protest – apart from the email ofcourse.

I have already mailed the exchange voicing my strong protest against these price restrictions. I think it is for everyone to see that the stocks which meet those price points stay at those price points with so much artificial demand being made at the price that once the filters open the punters are “literally sure” to make money on upside. Still not sure how this is killing speculation. I never thought that a great exchange like BSE would come with such a primitive and brute-force solution in the name of “surveillance” . I hope BSE lives upto its reputation and revoke this ill-advised notice.

God Bless !!!

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99 Responses to Email-ID to protest against BSE’s new Price Cap Rule

  1. Jitendra says:

    Thanks ACE,
    I’m also spreading this mail I’d on mmb so that more & more investors will protest their voice to BSE.

  2. Rajendra says:

    Does it mean that stocks will have different prices on BSE & NSE?

  3. Manoj says:

    Thank you for your efforts , I think we should file a PIL against this rule in court too I m ready to share the expenses

    • i dont think we need such drastic actions 🙂 .. hopefully a simple email would do. Moreover its not against law. Anyways, i have a lot of faith in BSE and people running it. Hopefully with a simple email, better sense would prevail.

  4. Rajendra says:

    Your view on SRS Ltd please

  5. vivek says:

    sir, when can we expect a new idea from you?

  6. sang says:

    Ace bro not received an alert message for this post by mail.
    I too have participated in this protest and mailed them. I request fellow readers of this blog who thinks this price circuit is injustice to small retail shareholders please mail bse. Let’s flood them with our mails.

  7. Venu says:

    Hi ACE, I also sent a protest mail to BSE and hope they will consider these mail responses seriously. Please share your views on Asahi Songwon from business and management point of views.

  8. Praveen Rao says:

    I have also mailed…Thanks!

  9. Anil says:

    I don’t understand why the protest it is good for investor. Why worry about daily price movement if stock is good Mr market give the fair value. Who r the trader need to price movement my view SEBI,BSE and NSE only protecting from speculator. Who is true investor never worry about this.

    • because its capping the returns . stock market is the only place where massive wealth is created because downside is just 100% but potentially the upside is limited – in a short span too… more importantly, i am not asking people to protest, but just giving an id where people who wish to protest could write their concerns.

  10. sridhar says:

    Hi Ace , Appreciate that u have put in the the action that needs to be done from our end and definitely its our responsibility to send at-least an email . However do u think SEBI/BSE folks bother to reply ? Isn’t it these things should be initiated by MF’s so they can reconsider the decision as they feel heat only through Big guns and not small ones like us ?

  11. kk says:

    hello friends, please help me understand. So ,BSE, being a responsible and prestige body under which we all trust our hard earned money, takes a decision that would not safeguard anyone that believes in it?

    • we should not blindly accept anything imposed on us but objectively analyze it. Moreover, its good if you or anyone else is fine with the decision. Once again, i am not asking people to protest but for people who have a concern , i have just put forth the email id.

  12. Vinay says:

    Hi Ace,
    I personally feel these circuits are good for retail investors and saves them from punters. And as far pricing is concerned it will eventually catch up with fundamentals although it will limit the gains to 600% max but prevents from manipulators.


  13. Akshay says:

    Sure will do

  14. sudershan says:

    hi ace, any picks from textile sector currently or previously mentioned, also whats ur view on the sector in general

  15. Gonna kanna reddy says:

    Suzloan buying back share @18 cmo 21.. whys ur view?

  16. Gssrca says:

    Eagerly waiting for new pick..

  17. manojag says:

    We can call Yogendra Daxini at BSE on the following phone number: 022-2272 5092 and make our point known and also inquire what action is BSE taking on our emails.

  18. sparsh says:

    ace you have even shared the email! wow! exemplary work you are doing and I feel informed by the points you have mentioned there.
    I was also told by my friend that in MCX they have a software wherein they jump to buy the contracts in case of circuits. then they offload the contracts after couple of days… every possibility it could be used here too when the stock opens for trade after a month… hence no end to speculation.
    sent the email, many thanks.

  19. gopaljee says:

    dear ace sir,
    how do u like PIRPHYTO , it runs 40% in 5-6 trading session . is that having so strength?,at cmp is advisable to buy.

  20. Chandrashekara Bhat says:

    Dear Ace,
    I have just sent an email to BSE to re-consider the weekly/monthly/quarterly/yearly limits.
    Thanks for sharing the details on this.
    One question , is the Limit applied only in BSE for the stocks or also applied for NSE?

  21. pavans13 says:

    In an interview to CNBC-TV18, Govardhan Dhoot, MD, Mangalam Drugs Organic says the company is looking to increase its stake in the company from 42 percent to 52 percent.

  22. gopaljee says:

    sir , i have mailed them that u have indirectly promote nse listing , recently lincon pharma done and in this way ur rule is just gong to ineffective. also u can loose business T.O

  23. Vandana says:

    Hello Ace!

    Do you track Haldyn Glass , please provide your views on this?

  24. Prashant says:

    Dear ACEji,
    Prima at all time high . I think its almost tripled .
    Thanks a lot for this consistently moving up GEM .
    Thanks & Regards,

  25. Hemant says:

    Thanks for taking initiative.Previously PCAS now this .Seems Robots are taking decisions at BSE/NSE & SEBI. No application of mind.

  26. Rajeev says:

    Gujarat Themis has hit upper circuit today. This was the only pharma stock you had recommended which was not participating in the rally. Great show, Sir.

  27. David says:

    Hi Ace,

    I too send email to bse.

  28. acefollower says:

    When new idea is coming now?

  29. Prasant says:

    Hi Ace,

    Your inputs on PMC fincorp.


  30. kk says:

    Dear Ace… Gujarat Themis in UC today sir!

  31. Sachin says:

    sent mail to BSE. Thanks for creating awareness ace – sacbee

  32. Roshan says:

    Hi ace thanks for gtbl and prima god bless u.. .btw have a doubt regarding aimco…although company’s bottomline is showing consistency now are u not worried about the declining sales ? Do u feel maybe management is focusing more on profitability at the moment than sales?

  33. Prashanth says:

    Hi ace your view on manglam drugs it is continuing lc from last 6 days when to enter

  34. vinod says:

    Dear Ace,

    Kindly post your new idea which is listed both in NSE and BSE this time

    Thanks and Regards

  35. Darshan says:

    I sent a detailed email to bse complaining about the new rule.. let us all bombard them with email and get the rule revoked in a month.. cheers

  36. Mr. George Philips says:

    Dear Ace,

    Requesting your highly valued opinion on B & A Ltd, Ruchira Papers, and Zuari Global . Are they worth buying? Is book value important while looking at a share or ….? Zuari has a lot of book value. Thanks man !!

    Mr. George Philips

  37. sudershan nathani says:

    hi ace, whats ur opinion on srei infra, vip industries, zicom and chambal fert.

  38. himanshu says:

    sir your views on shemaroo entertainment please.

  39. Navin Sharma says:

    Sir, Aimco back to the level’s from where it started.. Is it the right time to accumlate or should exit… Plesae guide… Really Confused.

  40. Venu says:

    Hi ACE, Your views on Saksoft Ltd.

  41. Vinay says:


  42. Chetan says:

    i have also sent email to bse today.

  43. Vishnu says:

    Hi sir,
    Your views on Sankhya Infotec, Ujjas Energy and websol ?

  44. Vinod says:

    Ace ji,Can we expecting a new gem before Xmas ?

  45. Venu says:

    Hi ACE, what is the most important criteria for your stock selection with respect to management quality VS business? Which one you prefer among: very good business with average management and very good management with average business.


  46. Ankit says:

    Dear Ace,

    Your View on Dlink & FRl ltd

  47. sarath says:

    Dear Ace,

    What are your thoughts on Oriental Carbon

  48. sudershan nathani says:

    sir, when is your new gem coming up.

  49. himanshu. says:

    sir your view on electro steel castings please.

  50. Puru Ji says:


  51. Roshan says:

    Finally this price capping rule has been scrapped by BSE from May 2

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