Anil Singhvi reveals strategy for investors and traders, highlights important levels to focus on
Zee Business Managing Editor Anil Singhvi has revealed his strategy that investors and traders should adopt in these uncertain and volatile times. The Market Guru said that it is important for traders to trade in the requisite range. The trading range is 14500 – 14800, at the higher range of 14800 traders should sell and at the lower range of 14500 they should buy into the markets
Zee Business Managing Editor Anil Singhvi has revealed his strategy that investors and traders should adopt in these uncertain and volatile times. The Market Guru said that it is important for traders to trade in the requisite range. The trading range is 14500 – 14800, at the higher range of 14800 traders should sell and at the lower range of 14500 they should buy into the markets.
Singhvi said it is difficult to take a contra call and added that when markets are making highs by breaking range, they again start falling. Singhvi said that there are many traders who can short the markets as they are skilled at it. They know that they can make fast money by shorting the markets.
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Singhvi explained that one needs money to continuously Buy Stocks in the Bull Market. While one needs to be a seller when the market sentiment is Bad. No Doubt that margin requirements are important for shorting the markets but still sentiment remains the key highlights.
अब ट्रेडर्स और निवेशक क्या रणनीति अपनाएं?
ट्रेडर्स और इन्वेस्टर्स के लिए कौनसी रेंज है सबसे अहम?
निवेशक पैसा बचाएं और हर गिरावट पर खरीदारी करें...
— Zee Business (@ZeeBusiness) April 6, 2021
He added that many times the stock takes 4 days to go up but can fall sharply in 4 hours. Banks, NBFCs and other sectors as well are clearly indicating weakness and should be shorted to take advantage of the falling markets, says Singhvi.
Singhvi said some traders only like Buying into markets. So apart from Index, Nifty and Bank Nifty they should invest in metal, pharma, cement and IT sector. There are many other sectors which are seeing rotational shifts. Investing in such stocks at good levels can easily give 12% - 15% return easily.
Singhvi said traders need to understand whether they want to be bullish or bearish and accordingly trade in respective sectors and stocks which are bullish and bearish.
Singhvi said traders who want to trade on Index should go long on Nifty and short on Bank Nifty. Traders should not complain that the markets are bad; in fact the markets are perfect for traders. If the trader is positioning their trade perfectly then they can definitely make money in such markets as well.
Singhvi said that investors should lap up the opportunity to invest in quality stocks if there is fall in the markets. Many investors have missed investing in quality companies when markets went down sharply in March 2020, they are hoping to see again such fall to invest in quality companies. Singhvi said that is not going to happen for sure. However, there is a strong possibility of limited fall in the market.
Singhvi said that the markets can fall upto 13250 – 13850 in the worst case scenario. The markets will find support in this zone. Investors should deploy all their cash and invest in this zone. Investors should invest at all levels, 14300, 14000, 13750 – 13850 and 13250 – 13300 is the key level where they should stay completely invested if the market comes to these levels. Also, Investors who intend to hold some cash can exit in the range of 14800 – 15200 on Nifty.
Singhvi said that Investors should better stay invested in the market and should avoid timing the market. Instead they should deploy cash at the recommended levels slowly and steadily. Singhvi said, "There is a possibility that 2nd wave of Corona may give good investment opportunities which should not be missed. Investors who are expecting levels of March 2020 should understand that an opportunity missed at those levels then will not come this time."
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