By Nigam Arora & Dr. Natasha Arora
Long Term Opportunity
In the long term, India is one of the best opportunities in the world for investors.
Central Government Budget
The stock market is excited about the budget and has just hit a new historic high.
Macro
India continues to be the best large economy opportunity for long term investors. India is likely to be the fastest growing, large economy. In due course, India is likely to become the third largest economy in the world behind the U.S. and China.
Valuation
The Indian stock market is very expensive because of investor enthusiasm and foreign fund flows.
Technicals
The momentum is very positive for Indian stocks, but they are very overbought in the short term.
Zone And Ratings
The ETF of choice is EPI.
The buy zone is *** (To see the locked content, please take a 30 day free trial).
The short term rating is ***.
The medium term rating is ***.
The long term rating is ***.
What To Do Now
Those in EPI may consider taking advantage of the strength to take partial profits.
Those not in EPI may consider following the parameters given above.
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Nigam Arora
Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing.
Dr. Natasha Arora
Dr. Natasha Arora has significant expertise in investment analysis especially biotech, healthcare, and technology. Natasha is a graduate of Harvard Medical School followed by a postdoc at MIT. She has published several peer reviewed research papers in top science journals.