Elliott Wave International in its latest Asia-Pacific update indicates, the cyclical bull market that has started is likely to continue irrespective of the political developments.
A similar view was expressed in our earlier update Modi Wave or A New Bull Market , where the chart pattern showed a breakout after a six year consolidation.
Here is the the link to EWI update :
India's Bull Market: Who Foresaw It in 2008 -- and What It Means "for Years to Come" Read more: http://www.elliottwave.com/freeupdates/archives/2014/06/18/Indias-equity-bull-market.aspx#ixzz353ty6Y5T
