Do anyone know about Tower Research Capital ? This FII is known for high frequency trading in stock market.
When they play high frequency trading at very high volume, stock normally remain only buyers or only sellers range. Retail investors get trapped in such eyewash ‘only buyers’ and buy shares at high price. I just analysed few trades by Tower Research in Indiabulls. Their buy bulk deal is smaller than sell bulk deals keeping stock price artificially higher and sell small lots to retail investors at higher price. Be careful and stay away from such stock to protect your valuable capital. You will not find Tower Research name in their shareholder list as ideally they are high frequency day traders working for other FII / Promoters for their safe exit and dump it to retail investors!!
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