Forensic Chart Study · BSE SME 544343

How a Pump & Dump
Looks on a Chart

CapitalNumbers Infotech (CNINFOTECH.BO) — real market data.
Zoom into the minutes and the flatline becomes impossible to miss.

The Intraday Flatline 15-MIN BARS

Last 3 sessions, every 15 minutes. On Jun 3 the price rockets up, then freezes on a dead-flat line for 2+ hours — locked at the upper circuit. That perfect horizontal line is the scam signature.

A real, freely-traded stock never draws a perfectly flat line for hours. That flatness means buyers swamped the thin sell side, the stock hit its daily limit, and trading effectively froze. The tip group then screenshots this exact line as "proof."

One Month, 15-Min Resolution

The whole last month in 15-minute bars. Weeks of choppy noise, then the violent two-day vertical at the right edge.

Intraday Volume: The Tell

Same 3 sessions. Volume sits near zero, then a single cluster of giant bars fires exactly when the price jumps. Demand does not appear in one 15-minute window by accident.

The Full Daily Price Story

Since listing. A quiet drift, then two explosive green candles at the very end.

Daily Flatline Before the Spike

Last 45 trading days. Price grinds sideways on tiny volume (accumulation), then erupts.

Daily Volume Explodes

Near-zero through the flatline, 4-9x on pump day.

Daily % Moves: Calm to Violent

Final two bars tower over everything: +20% then +14.7%.

The Playbook

Every one of these looks the same.

1

Accumulate

Operator buys quietly for weeks. Price stays flat on low volume. Nobody notices.

2

Signal

WhatsApp/Telegram tip group posts the target. Hundreds of retail buyers line up.

3

Pump

Thin sell-side gets exhausted in minutes. Stock locks upper circuit. The line goes flat and vertical.

4

Dump

That flatline becomes the "proof." It lures the next wave. Operator sells into them.