New Delhi, Nov. 28 -- The bull run in the equity market is likely to continue in days ahead, but the only concern at this point is the "too strong" derivatives data, which may lead to a rapid sell-off in case of a course reversal, according to a report by Motilal Oswal Retail Research.
The report said that at current juncture, market is in bulls grip and dips are getting bought into quickly. Nifty's derivatives data is also positive and it indicates continuation in ongoing momentum.
It however said FIIs index futures data signifies they are overbought in Indian market and any unwinding of longs or fresh shorting may lead to a correction in the market.
Thus, some cautious approach should be adopted at these levels it said.
"As far as lev...