Buying Opportunity in NIFTY50 ETFsNippon India ETF Nifty Bees is in a downtrend for a long time
It has broken the important support level of 264.
It has corrected 10% from the peak value of 294.
Important support levels: 257, 251, 242, 235
How to trade NIFTYBEES?
Buy 25% of the total investment at the current level.
Buy another 25% if the Nifty slides further and settles on the next support level 251.
The remaining buying should happen on the subsequent support levels.
The target may be 30 points (294 level).