BANKBEES : Going long for about 6.25% of the net capitalI have taken 2 positions at different levels, both close to the lower trendline of the ascending channel. The net allocation in the scrip currently amounts to 6.25% of my net capital. I do not plan to add to the position anytime soon. For now, my target is the all-time high, which would yield a prof
Key stats
About NIPPON INDIA ETF BANK BEES
Home page
Inception date
May 27, 2004
Structure
Open-Ended Fund
Replication method
Physical
Primary advisor
Nippon Life India Asset Management Ltd. (Invt Mgmt)
ISIN
INF204KB15I9
The investment objective of Nippon India ETF Nifty Bank BeES is to provide returns that, before expenses, closely correspond to the total returns of the Securities as represented by the Nifty Bank Index. There can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Bankbees & Junior bees
The market is extremely volatile right now, making it hard to predict the future. All indexes have corrected by about 15% to 20%, while stocks have corrected by between 30% to 50%.
The greatest approach to safeguard your money during this volatility is to invest in index-based funds.
The ideal app
BANKBEES : Booked profit for about 4.46% of invested capitalPrice reached close to all time high. But I'm aware of the fact that there is no negativity to hit the market anytime soon that may push the market to the downside, as of now.
Yet technically there is high probability for a sell-off and I do believe that news creates volatility and not direction. S
BANKBEES : Started to accumulateBought for about 5% of the capital. Will be looking forward to add on to the position if it falls to the next potential buying levels based on the technical levels of Bank Nifty.
Since this is an index ETF and is of a sector like Banking which is indispensable for the growth of an economy, I'm pret
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.