So guys as promised I m updating my Eid picks for all of u😄😄💫🌙 #EidMubarak
These are my list lets see how they will perform in next 12 mnths✌️🙏🤞🤞
1- NMDC
cmp-160
52wks high 213 & low 125
accumulate in btwn 150-170
Technicals- higher than 50 & 200MA
support arnd 130
SL Below 120
Fundamentally strong stock
Dividend yield 1.86%
expected higher return grwth,currently its in fall bcz of iron ore crisis but 1 can accumulate
2- Redington
cmp 153
52wk high & low 179 & 86
support level 120
accumulate btwn 140-180 for the trgt arnd 230++
Techncls- its in parellel channel in weekly chrt price abv 50,200MA
Fundamentals are strong, grwth higher than industry
Dividend yield 3.7%
3- TechMahindra
cmp-1231
stock is falling frm last few mnths but luking at its fundamental & expected grwth rate one can expect it to move for 1700-2000+
Technicals- it is forming a bullish wolfewave pattern in weekly TF
one can accumulate btwn 1300-1330 with SL arnd 1000
nickname-
NMDC- turtle🐢
TechM- Dark horse🐎
Redington-Kangaroo🦘
These all are my pick & i will accumulate on the given levels ,plz do ur own research as well before taking any position & follow ur rules of trailing SL as well🙏🙂 #EidMubarak
**srry accumulation btwn 1300-1370
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What is LIQUIDBEES???
We have talked abt niftybees & bankbees now lets talk about Liquidbees which many have just listen a name but they dont know much about.
So liquidbees is an ETF which totally invested in overnght money market & it gives high degree of safety & liquidity.
The moneymarket keeps money for a very short term (overnight or ultra short term) & monitored by RBI.
You can buy it & sell it like stock
You may find that price of liquidbees always remains stagnant because the return from investmnt accrue to you wont get appreceation rather
it get reinvested as dividend in ur holdings
The unit arise from dividend are credited in ur capital on a mnthly basis..
How it beneficial??
if you store cash with the brokerage company, they pay you no interest.
Lets talk about the most famous ETF in Indian stock market i.e NIFTYBEES or Nippon India ETF NIFTYBeES
Why it is called NIFTYBEES?? may be many of us dont know??
So lets start this thread 🧵🧵in details
(1/7)
So BeES means Benchmark exchange traded scheme
Nifty BeES —the first exchange traded fund (ETF) in India—seeks to provide investment returns that closely correspond to the total returns of securities as represented by the S&P CNX Nifty Index. (2/7)
Nifty BeES, a combination of a share and a mutual fund unit, trades on the capital market segment of NSE. Each Nifty BeES unit is 1/10th of the CNX Nifty Index value. Nifty BeES units are traded and settled in dematerialised form like any other share in the rolling settlement.3/7
This thread🧵🧵 for novice on ETFs & how to stay invested in falling market
When market falls everyone tries to escape & to invest in some safer place or tries to "BUY IN DIP"
So for a novice Trader/investor the question arises how or why to catch the falling knife??
A stock suddenly falls 20-30% in 2-3 days, how the novice will react on it?what are his options & what are the probability for that stock to go high again & within how many days/weeks??
The novice got trapped in it
For me here comes the role of ETFs
Lets know something about ETF
An ETF is an Exchange Traded Fund, which unlike regular Mutual Funds trades like a common stock on a stock exchange.
The units of an ETF are usually bought and sold through a registered broker of a recognised stock exchange. The units of an ETF are listed in stock exchanges and