Hi All,
I am thinking of SIP on NiftyBeES.
Following is my strategy. I 'd appreciate if people can give me their views on this.
Today 200MA of Nifty is around ~4100.
I have following plan
When Nifty is below 34EMA buying Rs4000 NiftyBeES/per week
When Nifty >34EMA & <50EMA buying Rs3000 NiftyBeES/per week
When Nifty >50EMA buying Rs2000 NiftyBeES/per week until is crosses 200EMA.
Then wait for few more days and sell all of it.
People pls give some opinion on this, based on that I will or will not go ahead with this strategy.
Regards
Yogesh
I am thinking of SIP on NiftyBeES.
Following is my strategy. I 'd appreciate if people can give me their views on this.
Today 200MA of Nifty is around ~4100.
I have following plan
When Nifty is below 34EMA buying Rs4000 NiftyBeES/per week
When Nifty >34EMA & <50EMA buying Rs3000 NiftyBeES/per week
When Nifty >50EMA buying Rs2000 NiftyBeES/per week until is crosses 200EMA.
Then wait for few more days and sell all of it.
People pls give some opinion on this, based on that I will or will not go ahead with this strategy.
Regards
Yogesh