Why the current market uptrend is here to stay

Moneycontrol Bureau

Just as it looked like the indices were running into resistance after yesterday's big rally, markets managed to move ahead spurred on by strength in the European markets. The Nifty extended its stay above that 5,200 mark with a 36 point gain while, the Sensex piling on 107 points to close trade at 17,300.
Barring the Monday's shake off, the market has not had very many bad days in this month. 
And one can see where it is coming from. European markets were trading strong today