Stock Market Tips by Anil Singhvi: Market Guru unveils this money making strategy for massive profit
Stock Market Tips by Anil Singhvi: Zee Business Managing Editor Anil Singhvi has said that one should not get into a panic over this crash as market don't move in one direction only.
Stock Market Tips by Anil Singhvi: After the historic jump by the BSE Sensex, profit-booking at the Indian indices were widely awaited and that profit-booking finally triggered. However, Zee Business Managing Editor Anil Singhvi has said that one should not get into a panic over this crash as market don't move in one direction only. The Market Guru went on to add that those who are full time traders should know the range and take positions maintaining strict stop loss. For those, who are stock market investors, Singhvi advised them to maintain 'buy on dips' strategy.
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Speaking on opportunity on both sides Anil Singhvi said, "Now, after the profit-booking, it has become clear that there will be opportunity on both sides and hence those who are full time traders should know the market range and strictly maintain stop loss while taking any position. If they do this, their stop loss will trigger once out of 7-8 trades and that is enough to make money from the current market.
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On his suggestion to the stock market investors Anil Singhvi said, "For stock market investors, buy on dips is the ideal strategy and one should know the important support level of the current market while taking any position. However, I would like to add that important support level is different from the immediate support level and one should not confuse with the two jargons of the stock market."
Tags: Anil Singhvi, Markets
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