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Taking trading tips from well-qualified SEBI registered research analysts is crucial for several reasons. SEBI is the regulatory authority overseeing securities markets in India, and registration ensures that analysts comply with certain standards and ethical practices. Qualified analysts possess the necessary knowledge, skills, and expertise to conduct thorough research, providing more reliable trading calls.
On the other hand, one should avoid thousands of unregistered illegal advisors floating around on Telegram due to the inherent risks associated with their lack of regulation. Unregistered advisors do not adhere to ethical guidelines, increasing the likelihood of misinformation and biased recommendations.