Year: 2022

crypto-market

An Analysis of the Crypto Market- By Someshwar Srivastava

Crypto requires clarity with various tools. These resources play a major role in assisting you to gain a clear picture of where the market stands and also make accurate forecasts. The crypto market is volatile, and a knowledge of technical analysis of cryptocurrencies is a must.  

Keeping up with all the graphs, charts, etc. regarding crypto can be a difficult task indeed. As soon as you learn about crypto technical analysis & the working of the market the entire system will be understandable. A brief analysis is done in this blog which you will find out as you go further.  

What is Technical Analysis (TA)? 

Crypto Traders use real-world data & use it to predict the future predictions of the market or other sources. You can determine when the market will rise or fall according to the data. That will help you to buy when the price is low and sell when the price is high.  

Mastering the art of “analyzing” is a talent that requires practice, trial, & error until it is perfect. Many have written about the most acceptable way of studying the market & getting perfect results. In order to become a good trader, you must understand the observable components on a price chart & understand how they influence the price.  

Meaning of a Crypto candlestick & it’s Working 

The candle stick is one of the first TA aspects you may have to deal with while studying the market. On a price chart, these may appear as either green or red.  

A coin’s opening balances are shown in a rectangle. After 24 hours of searching, the candle stick will show you how much of a price change there has been. It is possible to tell if a stock is losing or winning money by looking at the color of the sticks.  

Moving Averages 

More information than the volume of sales & trend of candle sticks is necessary to predict a coin’s price chart movement. It is important to consider price fluctuations over a period of time. Making sure when to purchase & sell is necessary.  

To examine a price chart, the simple moving average (SMA) or Exponential Moving Average (EMA) is used. Many people consider it an accurate predictor of the moving averages futuristic behavior. 

Exponential Moving Average (EMA) 

Although the SMA is more straightforward to use than the EMA, it is more complex. EMA considers how same the current day’s pricing is to yesterday’s pricing. That gives the previous days more weightage than the coming days.  

Analyzing the trend 

Fully prepared to examine the price chart of a certain coin, you will be able to determine when to purchase & when to sell. These tools & resources will give a rookie trader enough knowledge to start off his trading career.  

Ending Off 

Investors are interested to know more than just crypto technical analysis before investing.  

It is, however, important to remember that no technical indication is 100% accurate. Even with all favorable indications, prices may respond differently. The best thing a trader can hope for is improvement in the face of making an informed decision. 

Market Cycles Psychology

Market Cycles Psychology- A Brief by Someshwar Srivastava 

Starting Off 

Market Psychology is the idea that the fluctuations of a market reflect the emotional stage of the investors. It is one of the main topics of an interdisciplinary field that investigates the different variables that precede economic period called behavioral economics. 

Many are under the perception that emotions are the main driving force behind the shift of the finance & crypto markets. The overall varying investor & trader sentiments are the so-called psychological market cycles.  

In reality, when the market goes bull, it is likely due to an improving personality & confidence among the traders. A positive market causes demand to increase & supply to decrease. Further, the increased demand may cause a stronger attitude among the traders. Similarly, vice versa in the case of a negative trend.   

Market Psychology usage by Investors & Traders 

If the market psychology is valid, understanding it will help a trader to know when to enter or exit a market at favorable times. Generally, the attitude of the market is counter-productive- high financial opportunity when the market is down & vice versa. 

Traders & investors use this info to buy when prices are low & sell when prices are high. But, recognizing these points is not as easy as pie.  

Technical Analysis & Market Psychology 

Analyzing previous data makes it clear what decisions or action items would have been profitable. But, in fact that’s not the case. 

The market change is difficult to understand & even difficult to ascertain the next plan of action. Many investors use Technical Analysis (TA) to get an idea where the market is heading. 

The TA indicators are essentially tools that can be used to obtain a measure of the psychological state of the market. 

Cognitive Biases 

Common thinking patterns that often cause traders to make rash decisions are called Cognitive Biases. Some common examples are-  

  • Loss Aversion- the common tendency of investors to fear a drop in profit more than a gain. This often causes traders to miss good opportunities to make profits during the period of market capitulation. 
  • Endowment Effect- The tendency to overvalue things that people own simply because they own it. For example, an investor that owns crypto is more likely to believe it has more value than someone who doesn’t own crypto.  
  • Confirmation Bias- Can be defined as the tendency to overvalue information that confirms what investors already know. Strong market investors will focus on the positive news while ignoring bad news or negative symbols that market will fall.  

Ending Off 

Most traders & investors will say that psychology plays a critical part in impacting the market cycle & market prices. Investors need to be vary of not only the market psychology but their personal psychology as well & how it will affect their decision-making ability. 

Someshwar Srivastava

Innocents Accused Wrongly Arrested by CBI 

CBI has been reprimanded by the Delhi Court for arresting its own officer Rakesh Asthana & ruining his career. Asthana was arrested on charges of bribery on the basis of an FIR by businessman Satish Sana. 

Sana was involved in a case of Moin Qureshi & was being interrogated by Rakesh Asthana. 

He alleged he sent bribes to accused Manoj Prasad, the primary suspect in the bribery case to help him save face in the CBI case.  

Moreover, he also alleged that Asthana had demanded a bribe from him to spare him any legal action in the case.  

CBI Director Alok Verma had Asthana arrested & ruined his career. Asthana too accused Alok of corruption & later was granted a clean chit from the court. 

Another innocent that was wrongly accused was Someshwar Srivastav who even after cooperating with the CBI was not allowed to visit his family. 

The media has made false claims on this issue accusing Someshwar Srivastav & Rakesh Asthana & not mentioning the main accused Manoj Prasad, degrading their status further. 

One such site is Deccan Herald who in the past has had instances of providing fake news & claims & hiding the real facts.  

The 2 sites below are proof that Deccan Herald is not a genuine source but is Anti-nationalist, gives fake claims in national sports & is Left-center biased due to lack of genuine reporting sources. 

https://mediabiasfactcheck.com/deccan-herald/
https://www.consumercomplaints.in/deccan-herald-b100139
debt

Debt Market Opportunities – A Brief

With the current economic scenario including the rise in inflation & recession faced by developed economies, India has also taken its free share of damage among the others.

The RBI recently hiked the repo rates which are seen as a measure taken by the government to curb inflation.

However, even with the rise in repo rate, the market opportunities have not dwindled. One such opportunity is found in the Debt securities market, where debt has more value than equity, thanks to the recent changes.

The returns are on the rise as seen in the case of debt markets where the hike has positively impacted some companies who will be passing short-term benefits for fresh inflow for the customers.

Tax Efficiency & Capital Safety, which are the main features of debt, is a positive against equity anyways.

The equity market, on the other hand, will keep facing pressure amidst inflation, war & severe economic conditions.

High Returns in the Debt Market

Since the hike in rates, the IRR of some companies has been increasing & reached a height of 6%. This is the highest return opportunity as the return rates have always been around 4 to 5%.

Fixed Income v/s Fixed Deposits

Fixed Income Plan IRRFixed Deposit IRR
Pre Tax8.2%6%
Post Tax6%4.02%

As seen above, fixed incomes are providing with better returns than FDs.

As a result of the rate hike by RBI, the increase of returns in Fixed Income can be temporary where one can take advantage by investing in Fixed Income Plans & booking the rates for a longer period with a guaranteed & tax-free income.

Why should you invest in the Debt Market now?

  • Tax Benefit
  • IRR at peak
  • Investment opportunities in the short term
  • Guaranteed & Regular Income 
  • Fixing a higher return rate for a longer-term.
scroll.in

False News Posted by Scroll.in- Know The Truth 

Media has always been a major force in driving the news to the public. Media has evolved from print to digital media.  

Yet there are many sites who spread false news about many cases.  

One such site is scroll.in. There have many sites claiming that scroll publishes fake news about certain high-profile criminal cases.  

One such case involving Rakesh Asthana has been brought in bad light. 

Rakesh Asthana was the ex-deputy superintendent of the Central Bureau of Investigation. CBI is the primary investigating agency of India. It is also known as the POC for contact with Interpol. 

Rakesh was the investigating officer in the case involving a Hyderabad businessman, Satish Babu Sana. Satish was involved in a case of a meat exporter Moin Qureshi. 

Sana filed a FIR & alleged that Rakesh had demanded a bribe from him to spare any legal action in the case. 

CBI arrested Asthana as per the FIR lodged by Sana. 

Asthana had also alleged that Alok Verma, then the Superintendent, had framed him for corruption & accused him of the same charge. 

The high court ruling had, however, given a clean chit to Asthana and cleared him of all charges.  

Scroll published false news framing Rakesh Asthana & Someshwar Srivastava in false cases downgrading their image.  

We collected sources from Change.org, opindia.com, hindupost.in & stophinduhate.org that have claimed that scroll is a fake news site & every news posted on it is completely false and opposite to reality. 

News Resource –

=>https://www.change.org/p/ministry-of-information-and-broadcasting-ministry-of-home-affairs-ajit-doval-action-against-undisclosed-funding-of-scroll-in-and-block-its-accessibility-in-india
=>https://www.opindia.com/2020/09/scroll-fake-news-fact-check-health-cards-sensitive-information/
=>https://hindupost.in/media/independent-news-media-why-scroll-in-deserves-your-scrutiny/
=>https://stophinduhate.org/hindu-haters-2/media/scroll-in/

The-Indian-Penal-Code-–-Fraud-BriberyThe-Indian-Penal-Code-–-Fraud-Bribery

The Indian Penal Code – Fraud & Bribery Shorts 

1. Wearing clothing or conveying token utilized by local official with deceitful plan. — Whoever, not having a place with a specific class of local officials, wears any clothing or conveys any token looking like any attire or token utilized by that class of community workers, with the expectation that it could be accepted, or with the the information that it is probably going to be accepted, that he has a place with that class of local officials, will be rebuffed with detainment of one or the other depiction for a term which might reach out to 90 days, or with fine which might stretch out to 200 rupees, or with both. 

2. Deceitful evacuation or disguise of property to forestall its seizure as relinquished or in 

execution. — Whoever falsely eliminates, disguises, moves or conveys to any individual any property or 

any interest in that, meaning subsequently to forestall that property or interest in that from being taken as a relinquishment or in fulfillment of a fine, under a sentence which has been articulated, or which he knows to probably be articulated, by a Court of Justice or other skilled power, or from being taken in execution of an announcement or request which has been made, or which he knows to probably be made by a Courtroom in a common suit, will be rebuffed with detainment of one or the other depiction for a term which may stretch out to two years or with fine, or with both. 

3. False case to property to forestall its seizure as relinquished or in execution. — Whoever falsely acknowledges, gets or asserts any property or any interest in that, realizing that he has no right or then again legitimate case to such property or interest, or practices any trickiness contacting any right to any property or on the other hand any interest in that, proposing in this way to forestall that property or interest in that from being taken as a relinquishment or in fulfillment of a fine, under a sentence which has been articulated, or which he knows to probably be articulated by a Court of Justice or other capable power, or from being taken in execution of a pronouncement or request which has been made, or which he knows to probably be made by a Official courtroom in a common suit, will be rebuffed with detainment of one or the other portrayal for a term which may reach out to two years, or with fine, or with both. 

4. Falsely languishing order over aggregate not due. — Whoever deceitfully causes or experiences a pronouncement or request to be passed against him at the suit of any individual for an aggregate not due or for a bigger total than is because of such individual or for any property or interest in property to which such individual isn’t entitled, or then again falsely causes or experiences a pronouncement or request to be executed against him after it has been fulfilled, or for anything in regard of which it has been fulfilled, will be rebuffed with detainment of by the same token portrayal for a term which might reach out to two years, or with fine, or with both. Delineation An organizations a suit against Z. Z, realizing that An is probably going to get an announcement against him, deceitfully experiences a judgment to pass against him for a bigger sum at the suit of B, who has no case against him, all together that B, either for his own or to assist Z, may partake in the returns of any offer of Z’s property which might be made under An’s announcement. Z has committed an offense under this part. 

5. Contemptibility making bogus case in Court. — Whoever falsely or unscrupulously, or with plan to harm or pester any individual, makes in a Court of Justice any case which he knows to be bogus, will be rebuffed with detainment of one or the other portrayal for a term which might stretch out to two years, and will additionally be obligated to fine. 

6. Conveyance of coin, moved by information that it is fake. — Whoever, having any fake coin, which when he became had of it, he knew to be fake, falsely or with goal that extortion might be committed, conveys something similar to any people or endeavors to initiate any individual to get it, will be rebuffed with detainment of one or the other depiction for a term which might stretch out to five years, and will likewise be responsible to fine. 

7.  Destroying composing from substance bearing Government stamp, or eliminating from report a stamp utilized for it, with purpose to make misfortune Government. — Whoever, deceitfully or with aim to make misfortune the Government, eliminates or destroys from any substance, bearing any stamp gave by Government with the end goal of income, any composition or report for which such stamp has been utilized, or eliminates from any composition or report a stamp which has been utilized for such composition or record, in request that such stamp might be utilized for an alternate composition or record, will be rebuffed with detainment of one or the other depiction for a term which might stretch out to three years, or with fine, or with both. 

8. Cheating. — Whoever, by misdirecting any individual, falsely or unscrupulously actuates the individual so misdirected to convey any property to any individual, or to assent that any individual will hold any property, or on the other hand deliberately prompts the individual so bamboozled to do or discard to do anything which he wouldn’t do or overlook in the event that he were not really deluded, and which act or oversight causes or is probably going to make harm or mischief that individual in body, psyche, notoriety or property, is said to “cheat”.

Clarification. — An untrustworthy covering of realities is a trickiness inside the importance of this segment. Outlines 

(a) A, by erroneously claiming to be in the Civil Service, purposefully tricks Z, and hence untrustworthily prompts Z to let him have using a loan products for which he doesn’t intend to pay. A cheats. 

(b) A, by putting a fake blemish on an article, deliberately beguiles Z into a conviction that this article was made by a certain praised maker, and along these lines deceptively initiates Z to purchase and pay for the article. A cheats. 

(c) A, by showing to Z a misleading example of an article deliberately bamboozles Z into accepting that the article compares with the example, and accordingly deceptively incites Z to purchase and pay for the article. A cheats. 

(d) A, by offering in installment for an article a bill on a house with which A keeps no cash, and by which An anticipates that the bill will be disrespected, deliberately hoodwinks Z, and in this way insincerely prompts Z to convey the article, meaning not to pay for it. A cheats. 

(e) A, by promising as jewel articles which he knows are not precious stones, purposefully misdirects Z, and subsequently untrustworthily instigates Z to loan cash. A cheats. 

(f) An Intentionally hoodwinks Z into a conviction that A way to reimburse any cash that Z might loan to him and in this way untrustworthily prompts Z to loan him cash, A not planning to reimburse it. A cheats. 

(g) A purposefully hoodwinks Z into a conviction that A way to convey to Z a specific amount of indigo plant which he doesn’t expect to convey, and accordingly insincerely instigates Z to propel cash upon the confidence of such conveyance. A cheats; however in the event that A, at the season of acquiring the cash, means to convey the indigo plant, and subsequently breaks his agreement and doesn’t convey it, he doesn’t cheat, yet is at risk just to a common activity for break of agreement. 

(h) A purposefully deludes Z into a conviction that A has played out An’s essential for an agreement made with Z, which he has not performed, and accordingly untrustworthily initiates Z to pay cash. A cheats. 

(I) A sells and passes a domain on to B. A, knowing that in result of such deal he has no option to the property, sells or contracts something very similar to Z, without uncovering the reality of the past deal and movement to B, and gets the buy or contract cash from Z. A cheats. 

9. A demonstration or offense is supposed to be committed in outcome of abetment, when it is committed in the result of the actuation, or compatibility of the intrigue, or with the guide which is the abetment. 

Representations 

(a) An offers a pay off to B, a community worker, as a prize for showing A some blessing in the activity of B’s true capacities. B takes hush-money. A has abetted the offense characterized in area 161. 

(b) A prompts B to give bogus proof. B, as the result of the actuation, commits that offense. An is at legitimate fault for abetting that offense, and is responsible to a similar discipline as B. 

(c) An and B plot to harm Z. A, in compatibility of the scheme, acquires the toxin and conveys it to B all together that he may oversee it to Z. B, in compatibility of the trick, mavanages the toxin to Z in A’s nonappearance and in this way causes Z’s passing. Here B is at legitimate fault for homicide. An is at legitimate fault for abetting that offense by trick, and is at risk to the discipline for homicide. . Pay off. — (1) Whoever — 

(I) gives a satisfaction to any individual with the object of instigating him or some other individual to practice any appointive right or of compensating any individual for having practiced any such right; or 

(ii) acknowledges either for himself or for some other individual any satisfaction as a prize for working out any such right or for initiating or endeavoring to instigate some other individual to practice any such right, commits the offense of pay off: 

Given that a statement of public approach or a guarantee of public activity will not be an offense under this part. 

(2) An individual who offers, or consents to give, or offers or endeavors to acquire, a delight will be considered to give a satisfaction. 

(3) An individual who gets or consents to acknowledge or endeavors to get a delight will be considered to acknowledge a delight, and an individual who acknowledges a satisfaction as an intention in doing what he doesn’t mean to do, or as a prize for doing what he has not done, will be considered to have acknowledged the delight as a prize. 

Download the PDF Document Click Here

Someshwar Srivastava

Rakesh Asthana Given Protection from Arrest in CBI Bribery Case 

The Delhi High Court reprimanded the CBI, also known as the Central Bureau of Investigation, to maintain its status in the proceedings against its former director General Rakesh Asthana. Further, they granted him protection from police arrest. The court also directed the CBI to respond to the special director’s petition seeking the dismissal of an FIR against him in relation to a case of bribery involving meat exporter Moin Qureshi. 

Asthana and Devender Kumar, Deputy Superintendent of Police filed petitions against CBI’s case accusing them of taking bribes. The court is hearing their petitions out.  

The National Democratic Alliance led by the BJP sent the 2 top officials of CBI- Director Alok Verma & Special Asthana on leave over accusations of corruption and bribery.  

CBI was instructed to file its response to the two petitions after the probe agency sought more time & informed the court that case files have been sent to the Central Vigilance Commission. The instruction was given by a bench of Justice Najmi Waziri. 

CBI Bribery case 

Sana’s middleman’s no proof link in CBI Bribery case 

The Central Bureau of Investigation (CBI) in their report addressed to the court that it found no proof of any call recordings or any media that suggests that Rs. 1.95 Crore was allegedly meant to be paid to public servants, including the then CBI Investigating officer Rakesh Asthana, was delivered to a middleman in December on behalf of Hyderabad-based businessman Sathish Babu Sana. 

On the contrary, Sana had claimed that he had the bribe money delivered to Sunil Mittal, father-in-law of the accused.  

Satish Dagar, the investigating officer informed the special CBI judge that there was no concrete evidence of the claims made by Sana that he had made another payment of Rs. 1 Crore to the middleman & Manoj Prasad the accused, in Dubai as part of an alleged bribe of Rs. 5 Crore to save Sana from a probe against a meat exporter Moin Qureshi.  

However, when Sanjeev Agarwal the special CBI judge asked, further the CBI mentioned they had recovered travel details & WhatsApp pictures detailing Sana’s meetings with Manoj Prasad in Dubai, stated Dagar. 

bribery case

Jamia Millia Islamia Professor Arrested in Bribery Case – CBI

Information Source – NDTV.com

In regards to a 1 lakh bribery case, the Central Bureau of Investigation (CBI) has arrested a professor in the department of Civil Engineering of Jamia Millia Islamia University. 

Khalid Moin, the professor, has been accused of accepting bribes and posting structural stability certificates to various projects. 

Moin had allegedly given the stability certificates to the Chintels Paradiso apartment in Gurugram, part of which had collapsed last month crushing 2 women to death. The arrest, however, was not related to the collapsing incident. 

He was arrested on the grounds of accepting bribes from a Delhi-based Architecture firm. 

More arrests were made in the form of Prakhar Pawar of M/S Vyom Architect & Abid Khan, an employee of the same firm. 

As quoted by CBI, s earches were being conducted in the residences of the accused. 

The university has also refrained from any action stating that the matter was his personal consultancy related. CBI has recovered cash amounting to Rs. 30 Lakh and bank account details having funds of Rs. 1.19 Crore. 

The CBI upon receiving information about the alleged bribe exchange, laid a trap & caught the professor along with his accomplices. 

The accused will be produced before a designated court in Delhi.

Someshwar Srivastava - Startups success

Obstacles all startups jump through for success

Starting a business is every person’s dream. Startups are the hottest thing going today. Ideologies have changed as well. Upcoming generations also prefer to start their careers in startups as they have a chance to compete with their colleagues and grow in stature as compared to big and settled companies where probably they might get lost in the crowd. 

But not everything is rosy. Startups seen as a launchpad for career growth is a competitive and diverse environment. Add to the fact that not all startups are successful. 

It takes a lot of facets for startups to be successful. Here are some considerations that startups need to consider for success-

  • It takes a lot of market research for your startup business to be unique from your competitors. What makes you better? Answering this will help you fulfil the client’s requirements thus making yourself unique and set yourself on the path to success.
  • Problems of resources are aplenty. However, this is not a major headache in today’s era of the digital world where you have many apps and softwares that offer plenty of services to make your business function smoothly. But the expense of procuring these expensive equipment is still a prominent obstacle.
  • Deep pocket barons are always looking to invest their money in budding startups. But pitching the ideas to these rich people and getting them on board with your vision is something that is a problem of its own. Getting good investors is something that will help the company to prove their concept in the marketplace.
  • When you start a business everyone from every nook and cranny will come and give you advice on how to go about things. But it is upto us to judge who to listen to and who to ignore. Because someone once said if we start listening to everyone we would start chasing our own tail. 
  • Putting together a team of right and talented people is what every startup should prioritise itself on. It’s not necessary that you hire specialists but talented and desperate people looking to prove themselves is an asset in itself.
  • Failure is an important facet of your startup. Your ideas might not be successful at first but you need to stick to your belief and keep trying out new ways to move your business forward. Often failure of new ideas drops the morale of the team that comes together to formulate it which results in startups hesitating on moving forward with upcoming plans.
  • Learning from failures is something that every startup and businessmen don’t really look upon. On average 9 out of 10 startups fail and close their shutters. You must fail more to succeed more. Deriving valuable knowledge from these failures will help to make a more successful business in the future.
  • The most difficult thing for startups is to maintain their vision along with keeping up with the market trend. Often changing your style according to the trends make you too predictable and distract you from your vision. It’s important to put your head down and maintain your vision.

These are just some obstacles that a startup goes through and overcoming these might not guarantee success but ignoring them will also not make your road less bumpy.