Want to know and invest in Gold Bees

praveen taneja

Well-Known Member
#1
Friends I want to invest in gold bees like SIP and want to know more about it like commission delivery and hold position time if any and anything else which u all know and I dont:)
I would appreciate views of all on that:thumb:
God bless us all
 

praveen taneja

Well-Known Member
#2
No comments yet Ohh god all are busy or nobody care for me???????
Friends fed up of trading in stock mkt for approx 20Yrs want to switch to Gold Bees and for that I need Data for last two years can someone help me on that????
I want to paper trade first which way is profitable for SIP on a fix date or buy on dicline
I feel nowadays stock mkt is for people with good capital and patience n now I lack both so investing mnthly i feel is good in gold as it is already in bullish trend for last 8 years
 

sudoku1

Well-Known Member
#3
No comments yet Ohh god all are busy or nobody care for me???????
Friends fed up of trading in stock mkt for approx 20Yrs want to switch to Gold Bees and for that I need Data for last two years can someone help me on that????
I want to paper trade first which way is profitable for SIP on a fix date or buy on dicline
I feel nowadays stock mkt is for people with good capital and patience n now I lack both so investing mnthly i feel is good in gold as it is already in bullish trend for last 8 years
PT....there is caring & sharing for everyone....how can u b far away..
in ur previous post u had mentioned that members share with u what u dont know....now how can i know that u dont know this ?:D

on ETF.....its as good as a bluechip stock....bt less risky & hence low returns.

Code:
 i feel is good in gold as it is already in bullish trend for last 8 years
even the stock mkt is bullish since 2003....leave for some yrly blips.

also consider nifty bees listed on nse...a proxy 2 nifty spot:)
 

praveen taneja

Well-Known Member
#4
Thnx bro next question i posted on sensex technicals thread dont want to bother u by writing at two threads God bless u
 

praveen taneja

Well-Known Member
#5
Friends now I have Data and now want to know any successful strategy if anyone used earlier It would be of gr8 help to me
I want to invest 5k per mnth and minimum tgt is 15% Thnx in advance
 

AW10

Well-Known Member
#6
Praveen Bhai,

Here is the list of Gold ETFs and their NSE code. You can download data from NSE site or from Yahoo site (suffix DOT NS after the name on yahoo_

Code:
BENCHMARK MUTUAL FUND - GOLD BENCHMARK 		GOLDBEES
KOTAKGOLD 					KOTAKGOLD
GOLDSHARE 					GOLDSHARE
Reliance GOLD 					RELGOLD
QUANTUMGOLD 					QGOLDHALF
SBI Gold Exchange traded scheme 		SBIGETS
For all practical purpose, they are like a stock.. So just think that you are buying a stock with ticker GOLDBEES. It will sit in your DMAT.
You can also buy directly from fund house (like u buy mutual fund) thru off-market route.. but why would u go that route when u have much easier way to
place the order.

I am sure, u can buy x number of units every month on fixed date..

Gold is struggling to break $1000 mark and hitting it again and again. Possible that it might retrace to 950 / 900 level before making next attempt. So accumulate karlo abhee.

Happy Trading
 
#7
Friends I want to invest in gold bees like SIP and want to know more about it like commission delivery and hold position time if any and anything else which u all know and I dont:)
I would appreciate views of all on that:thumb:
God bless us all
Hi Praveen,

Gold BeES works just like buying or selling any other stock on the NSE and therefore commissions on delivery or hold position work just like any other stock. So you can check with your broker what commissions he is charging you. I think for ETFs you can try and negotiate a lower commission structure if you can. You cannot do an SIP as you have to purchase the units on the NSE/BSE through a broker, so one way to do an SIP is to decide on which day of the month you want to trade, call up the broker on that day and execute your transaction. Thats how I do my SIPs on ETFs. I presume you have a broking account. Incase you dont, you need to open one.

If you have any more queries regarding ETFs please let me know :)
 

praveen taneja

Well-Known Member
#8
Praveen Bhai,

Here is the list of Gold ETFs and their NSE code. You can download data from NSE site or from Yahoo site (suffix DOT NS after the name on yahoo_

Code:
BENCHMARK MUTUAL FUND - GOLD BENCHMARK 		GOLDBEES
KOTAKGOLD 					KOTAKGOLD
GOLDSHARE 					GOLDSHARE
Reliance GOLD 					RELGOLD
QUANTUMGOLD 					QGOLDHALF
SBI Gold Exchange traded scheme 		SBIGETS
For all practical purpose, they are like a stock.. So just think that you are buying a stock with ticker GOLDBEES. It will sit in your DMAT.
You can also buy directly from fund house (like u buy mutual fund) thru off-market route.. but why would u go that route when u have much easier way to
place the order.

I am sure, u can buy x number of units every month on fixed date..

Gold is struggling to break $1000 mark and hitting it again and again. Possible that it might retrace to 950 / 900 level before making next attempt. So accumulate karlo abhee.

Happy Trading
Hi Praveen,

Gold BeES works just like buying or selling any other stock on the NSE and therefore commissions on delivery or hold position work just like any other stock. So you can check with your broker what commissions he is charging you. I think for ETFs you can try and negotiate a lower commission structure if you can. You cannot do an SIP as you have to purchase the units on the NSE/BSE through a broker, so one way to do an SIP is to decide on which day of the month you want to trade, call up the broker on that day and execute your transaction. Thats how I do my SIPs on ETFs. I presume you have a broking account. Incase you dont, you need to open one.

If you have any more queries regarding ETFs please let me know :)
Thnx for the detail knowledge now I want to know what strategy to adopt one is suggested by sudoku bro that os buy on a fix date
2.I think to buy on any dip of 3-5%
3. Linkon bro says by on 20 days avg break on upside
want to know if any one eslse have a good strategy before i enter in it:thumb:
Thnk u all for ur time god bless us all
 

Class

Active Member
#9
May I ask, why are you interested in a Gold ETF over an Index ETF?

We don't know where the index will go to, however isn't it more likely to outperform gold?

Just wondering.
All the best.
 

praveen taneja

Well-Known Member
#10
May I ask, why are you interested in a Gold ETF over an Index ETF?

We don't know where the index will go to, however isn't it more likely to outperform gold?

Just wondering.
All the best.
there is one n only one reason gold is going up as $ is weakening
for the last 30 years no gold mine found
1000$ resistence it is trying to jump n above it is around 1300$ so u can calculate 300$ profit means:clap::p:p
 

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