Nifty can hit 25,000 in medium-term; just stick to quality names: Gautam Shah

economictimes.indiatimes.com:

«Global markets are quite solid. India VIX is relaxed. Momentum, participation, smallcaps coming back yesterday. So, it is a kind of an environment where one should participate, just stick to quality and have risk management in place,» says Gautam Shah, Goldilocks Premium Research.

24,200 on the screen, are you guys riding the rally or are you asking your clients to keep taking profits wherever it is getting way beyond your expectations?
Gautam Shah: Well, I think that is the beauty of having some experience, having seen the 2003-2007 bull market and I think with what is happening currently, something similar happened in 2007, which was also a rally of disbelief and the market just carried on to a point where everybody just gave up and felt that the market cannot fall. We are in some sense in that period. But domestic liquidity has really changed the game, the point that I keep making and it has changed the way we look at technical analysis. Honestly, we have been riding the rally right from 5th of June because post the political mandate, it was very clear that the bulls will be back, liquidity will keep pumping in and will keep taking this market higher.

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And look at the kind of leadership we have got in the last 20 days. IT is doing well. Reliance is past 3000. Banks have