The markets have begun the week with relentless strength and it seems like they have almost made up their mind to touch the 20K mark.

Capital goods, banking, metal and realty stocks are in focus. Market breadth is positive with impressive volume. All the key indices are trading in green and there was no loser in Sensex scrips today.

Ajay Srivastav of Dimensions Consulting says that one should put all worries regarding markets behind.

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"Well my feeling for the markets is that, I am feeling wonderful, expanding my shopping list. Life looks good at the end of the year. The results are also here to like Thermax, Grasim, L&T and they all have shown absolutely fabulous results. So there is no need to complain, no need to worry about."

Technical Analyst Ashwani Gujral said that Sensex will definitely reach 20,000 and advised that people should take some profits and try to re-enter at lower levels. He observed that it is a time for caution.



"I think 20K will come and many more milestones will also come, but with a 2,800 points rally over 7-10 days. People should take some profits and try to re-enter at lower levels, because we are moving up quite fast. A lot of people may get stuck at higher levels. So, this is a time for caution as well. But on the Nifty, we still believe that 6,100 and then 6,350-6,400 is possible. The support is way lower at previous highs of 5,736 - 5,740," said Gujral.



S Ranganathan, Head of Research, LKP Shares advised that investors should look at individual stocks.


”There is lot of appetite, in the retail side of the market, for buying stocks. One should not look at the indices per se. The best case scenario here, is to look at individual stocks, where you are reasonably confident and convinced about the businesses and the business model. That is the best route we believe the investors can take at this point in time,” said S Ranganathan.