What is NIFTY ETF?
ETF (or Exchange Trade funds) are pool of stocks related to same industry, category (power, auto, PSU),
ETF can be sold or purchased in market just like stocks,
ETF offers low expenses ratio,
Most popular & tradable ETF in INDIA is NIFTY ETF,
Almost all financial institutions (or Bank) offer product related to NIFTY,
Most popular one is NIFTY Bees,
Our Strategy to Trade & invest in NIFTY ETF: –
Buy 1000 units of NIFTY ETF @ market Price,
Sell units with every one Rupee increase in ETF (if your purchase price is 100 then sell on 101),
Trade NIFTY with the help of Credit Spread,
Accumulate more units of ETF from the profit of NIFTY Credit Spread(short side) Trade