$SILVER
You can keep listening to the permabulls... or unfollow the noise and follow the tape...
This breakdown was warned about well in advance...
Track record speaks for itself...
@karnatakaportf Just today I got two nails removed from my scooter tyre!! I travel from Hebbal to Rajajinagar via Mekhri circle. Just unbelievable this racket is!!!
Nail Trap Mafia Back in Bengaluru? Are Roads Being Turned into Profit Zones for Puncture Rackets
The menace of puncture gangs appears to be resurfacing in Bengaluru, raising serious concerns about public safety and law enforcement. Fresh reports are emerging from the stretch between Hebbal and goraguntepalya, where multiple motorists have complained about sudden tyre punctures under suspicious circumstances.Commuters have reportedly found a large number of sharp nails deliberately scattered across the road an act that strongly points toward organized malpractice rather than coincidence. These tactics are not just dishonest, but outright dangerous, as they put lives at risk, especially on busy, high-speed roads.
What’s even more alarming is the pattern behind these incidents. In many such cases, puncture repair shops are found operating nearby, leading to strong suspicions that certain individuals may be orchestrating these acts to exploit stranded motorists and make quick money. This kind of exploitation reflects a deeply unethical and criminal mindset, preying on helpless people in distress.Such cheap and illegal tricks have no place in a city like Bengaluru, which prides itself on being a major urban and technological hub. If left unchecked, this “puncture mafia” could grow into a larger organized racket, further eroding trust in public spaces.Authorities must take strict and immediate action conduct regular patrols, identify hotspots, and crack down on those involved. At the same time, citizens should remain vigilant and report any suspicious activities. Bengaluru cannot afford to let such fraudulent practices become normalized.
#bangalore#bengaluru#hebbal#puncturemafia@BlrCityPolice@blrcitytraffic@Jointcptraffic@CPBlr@alokkumar6994@DgpKarnataka@KarnatakaCops@Lolita_TNIE@ChristinMP_
@karthikrangappa@ZerodhaVarsity Thank you Guruji! I have been active on Zerodha Varsity for the past one and a half years. Great to see it coming in paper format!!
Since we published the 1st module on @ZerodhaVarsity (2014), there has been one constant request - to release the module in book format. I think many still prefer holding a book in hand, flipping through pages, highlighting, and taking notes. For all of them, here is the book 😊
This book is for those who want to get started with the stock markets, but dont know where and how to start.
Thanks to Trisha Bora and @HarperCollinsIN for nudging me constantly to work on this book :)
It feels odd to say this - but the link to preorder the book is in the comments below 😬
@DVSignals You have buried all your haters in silver coffins!! ⚰️ The best guy for basic and effective analysis using simple price action for short term trends!!
Gold and silver permabulls on my timeline, as usual..
Another fakeout.. Remember who told you first..
Precise levels on Discord.
Full thesis on Substack.
$SILVER $GOLD #Discord#Substack
#Zerodha#Kite Absolutely pathetic app. Can't understand why such an honest company is falling below standards day by day. Too much of lag and order placement problems. Unnecessarily entered into four trades to square off my winning trade.
#XAGUSD 🥈
Silver is about to hand us a gift. 🎁
After that crazy ride from $122 → $61, price has climbed back up and parked itself just below our invalidation at $83.05. This is where the chop ends and the next move begins.
📉 The Setup:
Below $83.05 → the bearish count is alive. Be careful if price continues to go higher!
Expected path: a small push higher, then rejection.
Downside target: ~$68 zone. That's roughly 1000+ pips of potential.
🎯 This is the kind of "coiled spring" most traders will miss. They'll see the bounce and rush to buy the "recovery." We'll be waiting for the rejection candle instead.
📌 The setup isn't 100%! No setup ever is. What matters is knowing exactly where it fails ($83.05) and exactly where it pays ($68). That's the entire game.
Don't guess. Plan then trade. 🏄♂️
$SILVER: probably the single most important chart analysis to read this weekend.
If you want a balanced read, keep reading...
This is exactly why I push back on the simplistic “trendline break = fresh breakout” view
On silver, I see many drawing a very straightforward line across the highs on a linear/log chart, pointing to the recent move through it, and calling it confirmation. That is far too simplistic. A break of one line, by itself, does not imply a fresh impulsive breakout. It needs far more rigorous analysis, cross-checking structure, momentum, Fibonacci, relative strength, miner confirmation, and broader context.
For those who have followed me for a while: you know I am generally NOT an Elliott Wave guy. But on this specific chart, I do think it offers a useful framework to explain both the structure and the psychology. Not because it is some perfect science, but because it can help simplify what the market may be doing here.
The basic idea is straightforward: wave 1 down, wave 2 bounce, wave 3 down, wave 4 bounce, wave 5 down.
And right now, what silver appears to be doing is behaving much more like a wave 4 than the start of some powerful new leg higher.
That matters, because wave 3 is usually the brutal recognition phase. That is when the market starts to accept that the prior uptrend is damaged. The move gets sharper, confidence gets hit, and price starts doing real technical damage. We saw that.
Then comes wave 4, the false-hope phase.. It tends to be choppy, overlapping, frustrating, and just constructive enough to pull people back in. It often looks better on surface-level analysis than it really is. That fits very well with what I think we are seeing now: a recovery that looks encouraging to many, but structurally still carries bear-flag / corrective bounce characteristics.
That is also very similar to the earlier phase (wave 2) where I said: be careful. Same near 89. That got pushback too. Yet those caution calls mattered. And this broader framework is also part of how I was able to lean constructive again closer to 61...
Now look at where we are: this bounce has pushed into the 0.618 Fibonacci retrace, and we are now bear flagging. On the more zoomed-in charts, silver actually looks vulnerable, not strong, contrary to popular belief. Miners are not really confirming in the way I would want to see for a genuine breakout. And the recent move in GSR still looks more like a fake move than a resolved shift.
So my primary view, until proven otherwise, remains that this is still a corrective advance inside a damaged structure.
For that to change, I would want to see a clean push above 80, with the current bear-pattern break sitting closer to 81.50, and real acceptance there not just a wick through it. Friday’s breakdown was severe enough that one brief poke higher does not suddenly repair the chart..
So, long story short: I am not dismissing the possibility that silver can recover further. But I am also not going to pretend that a simple line break on a basic chart suddenly means the all-clear has been given. Right now, the wave 4 psychology fits: enough bounce to create hope, not enough evidence yet to prove that the broader bearish structure is gone.
And if this really is wave 4, then wave 5; the final flush, the final disappointment, the move that catches late bulls leaning the wrong way, may still be missing.
RT and share if this gave you value. These free posts take enormous amounts of time to produce...
Oil falls 16% on ceasefire news. Markets cheer.
But here is what the engineers are saying.
Restarting a small shut-in field takes two to three weeks. A large one takes four to five. And none of that can begin until storage tanks at Gulf ports are emptied first.
Kuwait Petroleum’s CEO said it plainly: bulk production returns in a few weeks, full production in three to four months.
The EIA estimates 9.1 million barrels a day shut in during April. Even under an optimistic scenario where traffic resumes now, shut-ins only fall to 6.7 million b/d by May. Pre-conflict levels return in late 2026 at the earliest.
And that is just oil. Qatar’s Ras Laffan LNG complex was struck. Official estimates say up to five years to repair the damage.
A ceasefire opens the door. It does not turn the tap.
The supply shock is still there. The price market just forgot that for a morning.
Watch the facts. Not the statements.
Today I recorded my highest ever weekly PnL — ₹2.4Cr
Over the past few days, I’ve consistently been talking about buying into this fall.
I was buying when sentiment was extreme,
when the news flow was only negative,
and when crude was surging.
Built futures positions through the market fall and even shorted crude last night.
Today’s PnL is just a reflection of that conviction being rewarded.
Posting this for one reason only — to prove that I’m in the same trades that I speak about.
If this approach resonates and you think my journey adds value, follow along and let's grow together 🙌
Trump will Taco.
The tell is that his rhetoric gets increasingly deranged the worse things are going for him - that's how he negotiates.
He has to make everyone believe he has genuinely lost the plot.
If the Iranians think he's mentally unwell they might actually believe he'll nuke them.
Hence why his tweets the past few days sound like a madman about to destroy their civilisation.
He's not gonna drop a nuke, this is just how he negotiates when he has no actual leverage.
He's trying to create leverage that doesn't exist by artificially creating what is most scarce: fear of consequence.
I fully expect to wake up 8 hours from now to a headline something along the lines of 'we were so close to giving the orders, I called them and I said - listen listen we can always take them back to the stone age next week if we need to but I'm hearing good things - tremendous things - from the much more reasonable Iranians we've been speaking with. Excellent things. Very positive developments. And so I've informed my team to hold off on dropping the BIG bombs just a little longer. Let's see! PRESIDENT DONALD J TRUMP'
And just like that stonks will rip and we'll be waiting until the market closes end of week for more aggressive escalations.
@TheSiasatDaily Not to be that guy, but the ambulance driver should stay at the steering so he can leave as soon as the lungs are secured, the loading should be done by another person.
A pair of lungs meant for a life-saving transplant was airlifted from Bengaluru and has arrived at Shamshabad Airport.
Hyderabad City Police set up a green corridor to enable the swift movement of ambulance TG09U0642 to KIMS Hospitals, Minister Road, Secunderabad.
@amshilparaghu Good work, but precious time is wasted in exchanging phone numbers. Maybe they can quickly handover contact number card and leave to hospital immediately.
🚨 Just in 9 minutes:
At Rajeev Chowk, a Rapido rider was badly injured in an accident and could not move his hand. Witnesses called the Blinkit ambulance, which arrived in just 9 minutes. The rider, who suffered a major fracture, was provided quick care and admitted to the hospital. The entire service was completely free.
@letsblinkit Salute 🫡❤️