Editor’s Take: Anil Singhvi says market volatility may continue, points THESE 2 IMPORTANT TRIGGERS

Zee Business Managing Editor and renowned Market Guru Anil Singhvi has said the volatility in the market will continue, while pointing out two triggers that will majorly drive the market today — Reliance Industries annual general meeting and Futures and Opinion market expiry during a special edition of Editor’s Take. 

The market guru explains, the market has been in a see-saw mode since the last four sessions, as it opens higher or positive every day but closes either weak or negative. And, perhaps it may show the same trend during today’s trade but unlikely to happen amid the above two triggers. 

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While speaking about the Reliance AGM, which is scheduled to begin from 02:00 pm today mostly virtually Singhvi says, the market has a lot of hopes from the meeting as the company choose this event to make some big declaration about the various businesses ahead. 

While the second important trigger — F&O expiry, the data of the same will have an impact on the market especially benchmark indices, adds the market guru stating further that due to these two reasons we may see some volatility in the market today. 

आज मंथली एक्सपायरी, कैसा रहेगा एक्शन?

अनिल सिंघवी- रिलायंस की AGM और मंथली एक्सपायरी बड़े ट्रिगर... अहम सपार्ट लेवल्स का ध्यान रखें...दोनों तरफ के मौके मिलेंगे, अच्छी शॉर्ट कवरिंग की उम्मीद#EditorsTake #StockMarket #Nifty #RelianceAGM @AnilSinghvi_ pic.twitter.com/H714Bh1TFd

— Zee Business (@ZeeBusiness) June 24, 2021

He advises, investors to focus on the support level, wherein buying should be targeted at a lower level and profit booking/selling at the upper level of the market. He also reiterates that trading should be one on both sides of the market, as good growth and short-covering possible during today’s trade.