May 16, 2015

With or without Modi, markets will blast

All media is talking of one year performance after Modi.

Ignore this analysis, news and views... it has no value if you are a smart trader/ investor.

See the chart... can you tell who was what, where and when?

The best rally happened from 2003 to 2008 (no one remembers this). After that it was consolidation and thereafter a breakout.

It is normal for a breakout level to be retested so we can have a correction followed by a super rally.

Irrespective of who is in power....




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