Sensex achieves Mount 60K, but be cautious now: Milan Vaishnav

"Now is the time we take a rational look at the markets and be cautious now"

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

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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