Nifty to see good upside again once the rally resumes: Deepak Mohoni, trendwatchindia.com

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about the Nifty.

What’s the near-term call on the Nifty?

It is clearly correcting after that run-up since yesterday and today we are seeing more declines than advances, small fall in the index. That is all actually pretty bullish because if you have a correction and that too such a mild one, it means that the supply is not really that high into the market and once the rally resumes, there should be good upside again.