Decoded! Anil Singhvi reveals formula to make money in this tough market - top stock tips

Stock Market Tips by Anil Singhvi: Till Tuesday, the stock markets have been moving upward but the intraday range of the market has become short and that has made intraday traders job very tough indeed. Now, for those who trade in cash segment, it's easy to invest and wait for short-term to long-term but for those who trade in futures and options (F&O), it has become difficult to take any position as the range of the trade has been very short in the last two trade sessions. 

To solve this big problem and bring relief to such intraday traders, Zee Business Managing Editor Anil Singhvi has smart advise along with a proper explanation. The Market Guru said that when the market moves in small intraday range then the risk appetite goes high, only those traders can trade who can take higher risk and maintain overnight positions.

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Explaining the strategy that intraday traders should employ while trading in such a market, Anil Singhvi said, "When the market is moving in short-intraday range, one will have to maintain overnight position by taking buy-today-sell-tomorrow or sell-today-buy-tomorrow. We saw that happening in Bank Nifty on Monday and Tuesday and even today the same has been repeated in the Nifty and other indices as well. So, to make money when the market moves in short intraday range, one will have to hold overnight position and square-off next day."

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मौजूदा माहौल में इंट्राडे में कमाई मुश्किल...तो कैसे बनेगा पैसा और अब क्या हो कमाई का फॉर्मूला?...बता रहे हैं अनिल सिंघवी...#EditorsTake #NSE #BSE #Sensex #Nifty #StockMarket @AnilSinghvi_ pic.twitter.com/8YRQpXL2XH

— Zee Business (@ZeeBusiness) July 22, 2020

Singhvi said that it's not that intraday trade range is short in Indian markets only. In fact, it's happening globally. Singhvi said, "If you look at the US indices, Even the Dow has been trading in the short range as is reflected in Monday and Tuesday trades. However, I believe that such short-intraday range won't last for long and in next trade session or may be in next one-to-two trade sessions, the intraday trade range will get broader." 

The Market Guru's tips for those traders who can't afford to hold overnight positions is that they should wait for next one-to-two trade sessions until the intraday range gets broader.