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Indian Stocks: You Want a REAL Opportunity? Know WHEN to Look for It
May 23, 2014 3:08 pmVideo
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From Elliott Wave International’s February Asian-Pacific Financial Forecast (published Feb. 7):
EWI’s Asian-Pacific Short Term Update editor Chris Carolan soon echoed those bullish views. Here is a forecast the APSTU made for India’s Nifty Index on March 4:
You’ve already picked up on the indicators we used to turn bullish on emerging markets in general, and on India in particular:
As Indian stocks progressed higher, on March 9 Chris Carolan updated his bullish forecast and added this comment about India’s upcoming elections:
By the end of March, Indian stocks shot up 10%.
Then in April, the Nifty added another 4.9%.
And just this week — the week of the elections — both the Nifty and the Sensex hit new all-time highs.
Now, Chris Carolan says this in the May 13 Asian-Pacific Short Term Update (partial wave labels shown):
Chris Carolan is a recipient of the Charles H. Dow Award from the Market Technicians Association. He has his own unique way of looking at European and Asian-Pacific markets that is beneficial for investors and traders alike. Chris will be hosting a free webinar on May 29 where he will share some of his insights into these markets. See below for more details.
Do You
Want to Be Prepared to Capture New Trends?
Then join EWI’s European and Asian-Pacific
Short Term Update editor Chris Carolan, FREE, for
a live webinar on May 29:
“3 Effective Tools for Navigating International Markets”
You will walk away knowing how you can use these 3
tools to forecast markets you invest
in:
Go ahead, grab your free virtual seat at this May 29 webinar now.
Just tell us where to send your free access instructions >>
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