IIFLNIFTY ETF shares for day trading

#1
Hi traders,

Today I noticed IIFLnifty (india infoline nifty exchange traded fund) shares; IIFLnifty shares are trading with least difference to the Nifty index; it is like poor man's intraday nifty futures.

intraday chart of IIFLNIFTY

There are other Nifty index based ETFs but they do not track the index like IIFLNifty does and we can day trade on it.

Friends, what are your opinion on IIFLNifty ETF?
 
#2
intraday chart look like it moves the same as nifty. i once tried niftybees but some operator was controlling, it was not going up with nifty. i didn't know iiflnifty existed, i will try it on monday.
 

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