Anuj Singhal: Save Cash Now, Respect Market Trend to Earn Later

• CNBC-Awaaz's Anuj Singhal advises investors to prioritize saving cash amid a sharp market decline, emphasizing trends over levels.
• The market's bearish trend is evident, with crude oil nearing $100 and potential for $150, threatening significant inflation.
• Energy crisis impacts small businesses; Mumbai's "Ladu Samrat" vada pav shop closed due to LPG cylinder shortage.
• Traders should maintain short positions, while investors should invest in parts, saving capital for lower Nifty levels (23,000, 22,000, 21,000).
• Increase exposure to pharma; reduce banking and NBFCs. Nifty's key support is 23,697; Bank Nifty risks falling to 52,000.