As we have mentioned in our last post , the Indian equity markets saw a strong rally . This rally was partly fuelled by value buying after the overdone correction due to fear over demonetization .
The positives that will support the market rally going forward :
The short term concerns for the the market are more to do with the global situation :
While the above mentioned concerns will need to be watched carefully , and analyzed , the medium and long term rally in Indian equity market will continue .
NIFTY may see some profit taking in the next few days . However any correction will be a buying opportunity .