Indian equity benchmarks scaled fresh record highs on Friday as BSE Sensex soared past Mt 60k for the first time and Nifty rose above 17,900 during the early trade. Milan Vaishnav, Consulting Technical Analyst and founder of EquityResearch, spoke to Money9 to share strategies investors must follow now.
“Now is the time we take a rational look at the markets and be cautious now. It is a tricky time in markets as for sure not the time to go short on the market but one needs to be very selective on where to go long and in fact focus more on booking profits”, he said.
Indian equity benchmarks scaled fresh record highs on Friday as BSE Sensex soared past Mt 60k for the first time and Nifty rose above 17,900 during the early trade. Milan Vaishnav, Consulting Technical Analyst and founder of EquityResearch, spoke to Money9 to share strategies investors must follow now.
“Now is the time we take a rational look at the markets and be cautious now. It is a tricky time in markets as for sure not the time to go short on the market but one needs to be very selective on where to go long and in fact focus more on booking profits”, he said.
Stock Recommendations
Tata Power | Buy | Target: 156 | Stop Loss: 139
Axis Bank | Buy | Target: 835 | Stop Loss: 800
RIL | Buy | Target: 2565 | Stop Loss: 2460
Published: September 24, 2021, 12:36 IST
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