B Mathur
404 posts


@b_mathur Triple divegence visible when Ending diagonal is in progess!
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Never ignore triple divergence on the daily chart when you see it next time!!
Moved from 22,200 → 23,800!!
Currently opened near the resistance zone!!
Price and RSI both approaching resistance levels!!
A decisive close above 23,700–23,800 and sustained move above this zone can open gates for the next leg up where some profit booking may again be seen!!
Let’s respect the levels and stay disciplined!!
#NIFTY #TechnicalAnalysis #RSI #ELLIOTTWAVE

Sahil Pahwa@Sahilpahwa09
Triple divergence in play, price sitting at a strong support zone, and an ending diagonal structure visible with clear 5-wave completion!! Earlier, I was waiting for the ending diagonal to complete today’s last low seems to have completed it (as per my limited knowledge)!! Now expecting price to hold this support, and if it does, a good sustainable bounce may develop from here!! Short-term targets could be around 24300 – 24800 in the April–May series!! Let’s see how price reacts — confirmation is key!! Both Charts Attached!! #NIFTY
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@bhaumikgowande Which neighbourhoods of Pune and the outskirts are genuinely safe from flooding?
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Pune flooding should be studied as a masterclass in destroying a hill city’s natural hydrology. A city sitting ~560m above sea level shouldn’t flood, unless you obliterate its rivers, hills, and drainage for real estate.
The real estate lobby has systematically destroyed Pune, once known as the Oxford of the East and even considered a potential capital of India before Delhi.
Gaurav Kadam@gauraavkadam
Pune Rains
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@BalakrishnanR @SEBI_India @hdfcmf Financial schemes should not gather investors money under one set of rules, and then change the rules. We assign money to an instrument with some financial planning, keeping in mind risks and tax planning. SEBI should not allow such disruptions to investors' financial planning.
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Dear @SEBI_India . Please do not permit an ETF to do this. And for those who want to exit, please make @hdfcmf pay the capital gains tax. This is so wrong

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@richapintoi Pls request BMC to ensure the new trucks are washed regularly. And don’t look as filthy as the old trucks do
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Market analysis - Nifty, Gold, SPX, Silver
Cheers
app.twinmind.com/s/25c611d9-cf3…
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@Sahilpahwa09 Every time I zoom into lower TFs to look for an RSI divergence, I seem to lose track of my EW counts, even on higher TFs. Had decided I will stop confusing myself. Good to get validation on this point
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#BroTip
Don’t analyse Elliott Wave on 3–5-15 min time frames!!
Yes, EW works everywhere — but the probability of going wrong increases sharply on lower TFs!!
First focus on the higher time frame like Monthly , Weekly , Daily
Become consistent there!!
On smaller time frames, even a slight shift in the wave count can invalidate your setup
and you may end up losing the trade!!
Build clarity on the bigger picture first.
Then zoom in for entries!!
#ElliottWave
#StockMarketIndia
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@deepakshenoy @ankitatIIMA SGB has benefits, but IMO one drawback is that it has a fixed maturity date. If gold prices are down on that day, that’s it. No choice to hold on further for better rates. Small % of savings should be held in physical gold as family’s safety net, with no intention to sell
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@ankitatIIMA Physical has at least 20% of actual value taken out in things like making charges and gst :)
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💥1st February, 2026 New Sovereign Gold Bond rule proposed: Capital Gains tax exemption ONLY on original issue held till maturity.
6th December, 2022 #Prediction
@deepakshenoy you cannot outsmart a Government.
Dr. Shah@ankitatIIMA
@abhishek2101 i would say prefer physical over any other thing in these turbulent times ahead. although SGB shouldnt be risky.
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@ajayrotti Yes indeed. Means premature redemption is fully taxed as cap gain!
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@sourav_sinha @piyush_trades yes that's possible. depending on prices at the time. just wished to correct the incorrect info about the interest rate
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@b_mathur @piyush_trades But there will be pressure during redemption time!
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Gold is now at ₹1.85L. Imagine the pain that must be happening with the SGB that the government issued. The government didn’t back SGBs with real gold, and now the interest rate on that SGB debt which govt will have to pay, must be at least 60-70%. I’ve never seen a government that messes up basic finance like this, or maybe they just don’t care what happens to the economy and simply do anything they want, which eventually wastes public money endlessly.
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