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Business News » India News

Sell in May on highs, do not buy - keep money ready, says Market Guru Anil Singhvi

Amid many uncertainties in the market, Zee Business Managing Editor Anil Singhvi's top tip for the month of May is to sell when markets are on a high at every opportunity. The Market Guru says that investors should sell when the Nifty range is between 9300 and 9800

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 Sell in May on highs, do not buy - keep money ready, says Market Guru Anil Singhvi
Anil Singhvi said that he does not suggest investors to put all their money in in markets at one go. Instead, investments must be done in small chunks
Written By: ZeeBiz WebTeam
Edited By: Harish Dugh
Updated: Mon, May 18, 2020
04:36 pm
new delhi, ZeeBiz WebDesk
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Amid many uncertainties in the market, Zee Business Managing Editor Anil Singhvi's top tip for the month of May is to sell when markets are on a high at every opportunity. The Market Guru says that investors should sell when the Nifty range is between 9300 and 9800.  Singhvi,  while emphasizing on the importance of cash, said that "Cash is King" and it was important for investors to preserve it.

Singhvi further said that Zee Business has been consistently guiding investors on how markets are going to behave and also suggesting what to do at different points of time. The market guru will continue to keep revealing to viewers about money earning opportunities arising in the market in future.

Watch Zee Business Tweet Video Below:

मई में ऊपरी स्तर पर बेचना है, लेना नहीं है...
अनिल सिंघवी ने कहा- कैश शेयरों को नहीं छूना है...नहीं छूना है...नहीं छूना है...Cash Is King…कैश तैयार रखिए...फिर मिलेगा निवेश का मौका#NahiLenaHai#NahiFasnaHai @AnilSinghvi_ pic.twitter.com/4cK1gIhkBs

— Zee Business (@ZeeBusiness) May 18, 2020

Singhvi said that the channel gives its commentary on markets and behaviour everyday and will continue to do that. For investors, it will reveal the opportunities as and when they happen. He said that he will inform investors when to make an entry into the market just like before.

Anil Singhvi said that he does not suggest investors to put all their money in in markets at one go. Instead, investments must be done in small chunks. He further said that the investors should not panic and wait for the right time. Market will give enough opportunities to earn money, he added.  

The Market Guru said that investors should not rush into buying and there will be enough opportunities to make money at different levels of the market.

Sounding a note of caution, he said that investors should be particularly wary of the cash market. He said that the investors should not touch stocks in cash markets as once they get trapped, there will be no easy exit.

See Zee Business Live TV Streaming Below

Today the Nifty 50 fell by over 300 points or over 3 per cent trading around 8,822.65 minutes before the market closed.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Anil SinghviMarkets
RELATED NEWS
Stocks to buy with Anil Singhvi: Sandeep Jain recommends Jyothy Laboratories today Stocks to buy with Anil Singhvi: Sandeep Jain recommends Jyothy Laboratories today
EXCLUSIVE - Maritime Summit 2021: Cochin Shipyard, Shipping Corporation set to emerge as big beneficiaries EXCLUSIVE - Maritime Summit 2021: Cochin Shipyard, Shipping Corporation set to emerge as big beneficiaries
Anil Singhvi’s Strategy March 2: Day support zone on Nifty is 14,700-14,750 & Bank Nifty is 34,800-35,000 Anil Singhvi’s Strategy March 2: Day support zone on Nifty is 14,700-14,750 & Bank Nifty is 34,800-35,000
Mid-cap Picks with Anil Singhvi: Minda Corp, Bodal Chemicals, Aditya Birla Fashion are stocks to buy Mid-cap Picks with Anil Singhvi: Minda Corp, Bodal Chemicals, Aditya Birla Fashion are stocks to buy
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