Shyam Advisory — shyam advisory- fraud company which give false calls.

Dear All,

I want to make awareness for which I have trapped and does not want any one also trap.

The whole scenario is all about giving wrong false calls and making loss of customer hard earn money.

I have been trapped on above FRAUD Company who greed me to make money on share market. I have started their service from approx. Nov end 2017 for small income daily on intraday, but it was not quite successful due to giving False call.

But the representative/sales guy marketed to me to have more money with taking their premium service of 50k per month and income will come around more than 2.8 Lakh per month. But the way he explained, I felt it is quite achievable due to premium call which supposed to provide on Future & option calls. For this condition I do not need to pay 50k at one time, but I have to pay 10k on every 70k income. And I also have to make an initial fund of 35k to 40k to have trade. I convinced and blindly pay initial of 5k on 4th of Feb. They have given first call on Hindalco, where I have lost my hard money of approx. 21k. On 22nd Feb 2018 again lost of approx. 27k on ICICI 330 call option. From 4th Feb 2018 to till date they have given only 1 profit of 2306, but loss of around 60k happened. I have almost lost all the money which I have saved. So net net I have invested 5k but had loss of 60k. In fact, they do not have any premium service, because the calls they are providing with saying premium call- these all are general intraday calls, Why I am saying is- when I registered with this company- they have given my member login details, where every day calls updated from the server. After taking premium service, one day I have checked in that login where all the calls which has provided, these are general. And Sale guys did not know I am having this knowledge. And during this 1-month period of premium service – many calls given which was not achieved. My bad, I cross checked this thing after having huge Loss, if I would have checked before then I could have save my money.

Now these guys are saying we are not responsible for this. They are not listening. These guys are making fool and greed to customer and put a lot of pressure with making loss customers hard earned money.

After this What I did is- I raised a complaint in SEBI (https://scores.gov.in) My case is pending with one of the dealing officers. The movement when I raised this complain- Immediately dealing officer forwarded and I received call from Shyam advisory. Again, they committed that this loss will recover 100% with giving HNI calls. Believe me the calls they have provided- I had again loss of 6k on Aurovinda stock. I raised this issue with SEBI also. In 2nd week of April I had a discussion with one their manager- He convinced me to again trade. See what kind of service is? Losing a lot of money, again they are saying to trade. I clearly said, I have no confident on your calls, he said-sir, please have an observation for a week, and I want to gain your confidence. Friends in a week I have received 6 premium call. If I would have trade on 4 calls- then I could loss my total money. Because SL got hit. 2 calls SL not hit. 1 HNI call given which has not activated.

Again they came back with saying that they will give HNI service. When I had a discussion on phone they said, accuracy will be upto 90%. But when I asked then to put on email, they are saying- we can not Guarantee. Friends- please imagine there HNI service for which they charge more than 1 lakh per month (You can check in there website)- for this they do not give commitment also. My HNI friend- please take a note before taking there service.

You can imagine what kind of service these guys are giving. I observed main problem with call is- they are asking to Buy on Over bought price. Psychologically full bluffing. Even Market (specific index in downward)- they also giving buy calls.

So friends be aware on this type of company.