#NavratrionZee: Peace, Patience and Discipline is Day-1 mantra to investors, traders, says, stock market guru Anil Singhvi

The auspicious Navratri days have begun today. In light of this, Zee Business will bring for it viewers a market mantra on each of the nine days, Zee Business Managing Editor Anil Singhvi said.

Even as stock markets are trading in the red on Monday, continuing their losing streak since the time US Federal Reserve has announced a 75 bps interest rate hike, the Market Guru has some very valuable tips for the investors or traders.

On the first day, Singhvi gives first mantra to traders to avert losses or make gains. Today is the beginning of the 9-day long Navratri festival and the mantra is ‘Peace, Patience and Discipline’.

He said that stock market is one place where undisciplined traders, though trade, but do not do it with discipline. He said that they often end up making losses because of this.

He likened it to rash driving.

Only those people make gains in the market who show patience and wait for right opportunities to make important trading decisions. He said that it is a “zero sum game” where one man’s money shifts into the other’s.

He said that it is up to the trader whether to become undisciplined or choose the path of discipline.

He said that whether it is an investors or a trader, the advice is to tread the path with patience and caution.

He said that it was import to respect stop losses and important levels.

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नवरात्रि के पहले दिन पर अनिल सिंघवी का मार्केट मंत्र...

आज का रंग है सफेद…इससे ट्रेडर्स और इन्वेस्टर्स "शांति, संयम और अनुशासन" (Peace, Patience and Discipline) सीखें#Navratri2022 #DurgaPuja #MarketMantra @AnilSinghvi_ pic.twitter.com/f1Qd0t5WYr

— Zee Business (@ZeeBusiness) September 26, 2022

He said that if the Nifty50 falls from 18000 to 17000, the stop loss will come if not on the same day then the next day.