Key stats
About NIP IND ETF GOLD BEES
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Inception date
Mar 8, 2007
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Capitalizes
Primary advisor
Nippon Life India Asset Management Ltd. (Invt Mgmt)
ISIN
INF204KB17I5
The Scheme employs an investment approach designed to track the performance of physical gold
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous98.72%
Cash1.28%
Time to catch Gold beesGold bees corrected and its at buying level
buy around 60, 61
small SL 60 or 59.50
Target 63, 65
Very low risk trade
Go for it guys
Educational purpose only
GOLDBEES : Booked a profit of 4.15%Took the entry on Oct 3rd 2023, which is just 2 weeks back. So a move of 4.15% in such a low volatile asset like Gold from a swing perspective is more than enough for me in the current market condition.
My primary intension was to park the money safely in the current uncertain situation and that in
Goldbees : Started to accumulateAdded Goldbees for about 5% of the total capital. There is a potential for about 9% move from the current levels to the all time highs. But during the same time the price of Gold will be moving up by around 14%.
The Gold ETFs listed in Indian market are trading at a premium valuation, unlike the o
Nippon Gold ETF breaks out important resistanceGold ETF has given breakout at important resistance level of 52.16
One can consider for long position on Nippon Gold ETF since it's at an ATH
GOLD bees seems bullishGOLD bees seems bullish
RSI - Positive divergance
Making Falling wedge pattern may breakout
trading below 200 EMA
GoldBeeS - Accumulation Zone ComingGoldBees - After almost 2 years, it is now trading below 200 MA. Except for a period of 2 year bet 2014-16, it has only few days or weeks below 200 MA. So a good accumulation time till it trades below 200 MA.
DISC:Not a SEBI Registered. I post charts for my own study.
GoldBees - What is Gold ETF uptoGoldBees - Raising its head above the Trendline. Look at the CupnHandle in the making. What is it upto? Is it giving the signal ahead of the market.
DISCL: Not a SEBI Registered. I post charts for my own study.
GoldBEES - Freak Trades - Any Idea what these could be?Gold Bees - Any Idea what these freak trades are all about...?
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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.