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N100

Discussion in 'Technical Analysis' started by m_padmakumar, May 7, 2013.

  1. m_padmakumar

    m_padmakumar Member

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    Hi Shabbir,

    Any idea about this scrip? Is it an ETF based on NASDAQ stocks. Because full name in MC appears to be "Motilal Oswal MOSt Shares NASDAQ 100 ETF".
    By the bye chart looking interesting.

    Thanks
     
    m_padmakumar, May 7, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    http://chartink.com/stocks/n100.html

    Yes looks interesting but then this kind of ETF have dual advantage as well as disadvantage. Because being traded in forex it has forex part involved as well. So if USD goes from 53 to 48, then this ETF's nav will fall as well though the underlying stocks are stable.

    Make sure we understand this
     
    shabbir, May 7, 2013
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