Dear friends
RALLY? this is the next very big question that every on is debating upon. Let me tell you forget about the rally part if you are here for investing for long term (read the power of compounding here) forget about the rally that went up and down and now we are waiting for the next up. you will not make the maxi money in the next upside but in a series of the ups and downs alibet you keep investing and investing regurlarly. A time should come your corpus will not be showing the significant reaction to the vagarities of the market. you need to set your objectivities correctly you should set your goals realist and just invest to the objectivity you returns will be commserate to the rate and time you are willing to give.
but to give you some reason if you can put all the money you can today will you make a corpus which will make your life the answer is no. so you have to keep investing over a period of time to reach the goals.
Now the question my fair estimates for the last peak in the BSE 30 was about 15- 15.5 k levels if analysied in the last two years you will agree to this. Now if you invest on an average of 10k index even if you reach 14k you are going to experience a neet 40% upside....... so what are you waiting for go and invest.