Ive been saying this a while, Indian markets remain the hottest source of long term capital appreciation. When things start to rollback to 2020 prices, or 2021 prices… be on the lookout! Jim Rogers, a legendary trader, predicted the Indian stock market opportunity over two years ago. And obviously its still possible to get good pricing ahead.
Its time for retail to look at Indian stocks that everyone wants
How to invest?
Dont use EEM 0.00 anymore.
Look at the chart below. Its #NIFTY. The index.
It did better than other markets.
What do you do?
Buy stocks inside the index when the next 40 week cycle occurs (probable 80 week as well).
February. Look for a 10 to 0% correction from these prices.
These are positions that may be picked up over the next year as investors predict recovery.
There is always an asterisk.
The market is waiting for a recession. And there will be another protracted pullback into lows on SPY 0.00 that will be deep if the Fed keeps raising rates.
Indian stocks should be bought for long term portfolio appreciation.
Be aware of drawdown and try to buy with the cyclitecnical analysis provided here.
Do your own research on how to get into this market long term.