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Home » Trendwatching » As Forecasted, India Stock Market Today At All-Time Highs

As Forecasted, India Stock Market Today At All-Time Highs

Taki T. by Taki T.
February 11, 2020
in Markets & Stocks, Trendwatching
india stock market
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The news that really matters but hardly anyone talks about. That’s what InvestingHaven is keen on bringing. One such example is India’s stock market. The Nifty 50 Index (NIFTY) today hit all-time highs. It is one of the few countries in the world that has an index hitting all-time highs. This is exactly in line with our previous forecasts. InvestingHaven readers saw this coming a very long time ago, this is why.

India Stock Market: Bullish Flag In 2018 Suggests India Bull Market To Resume (April 2018)

India Stock Market Corrected Sharply But Still Bullish (February 2018)

India Stock Market Outlook For 2018 (December 2017)

India Stock Market At 9,000 Points, Long Term Very Bullish (February 2017)

This is how to play long term trends. It may not be the most spectacular asset in the world, not as fancy as cryptocurrencies, but it certainly is a very profitable play.

Hardly anyone is talking about India’s stock market. There is this WSJ article that notices the bullish trend in the Indian stock market, but nothing more than that. Also, CNBC points to some sort of ‘safe haven’ effect of Indian stocks, which is not really making any sense in all honesty.

Think back when Bitcoin was trading at all-time highs in December. Mainstream media were red hot. With India’s stock market, a safe play and certainly very profitable, there is silence all over the place!

InvestingHaven readers knew that our forecasts were very bullish on India. Today’s break to all-time highs is proof that our forecasting method works pretty well, at least 80 to 90 pct of the time.

india stock market all time highs

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Tags: INDAINDYNIFTY50
Taki T.

Taki T.

Taki is a chart analyst who is passionate about unlocking unique insights out the chart. While the vast majority of analysts remain focused on price analysis, Taki starts with timeline analysis and adds price analysis to this. In doing so, he developed a unique methodology to find opportunities in financial markets, across assets and markets.

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