currently nifty at 23154 and niftycase iNav is 9.23
so what will be the iNav of niftycase at Nifty 22500
shall we can use this formula = 9.23 x (22500 / 23154)
This is required to create an ATO for that level
Correct
Equivalent formula:
9.23 × (22500 / 23154) = 8.97
Exceptions (possible deviation):
• Cash component in portfolio
• Tracking error
• Expense accrual
• Dividend adjustments
• Rebalancing of constituents
• Intraday price calculation differences
Typical deviation range: ~0.3%–0.7%.
Thank you - Previously planned to use Nifty TRI but later thought this will be easy since Nifty level will be easy to follow
I don’t think so. You can buy other shares based on NIFTY alert.
I don’t buy stock while in bearish condition, I only have small tiny capital . Buy nifty etf like niftycase in small nos …
In ATO I don’t keep the Nifty level -I use the Etf ticker and price check only and then order based on that level
Why not base it on NIFTY, since it’s already based on NIFTY?
I personally prefer etf price based ATO