Stratergy for Investing Lumpsum in Equity MF for High Returns
We would be tracking Monthly NIFTY Chart to find opportunities for
Bulk Buying/Lumpsum/Additional Purchase in Mutual Funds for High Returns using RSI Technical Indicator
So in short the stratergy is to bulk buy or put more money in the mutual fund when the RSI goes below 10 or when the RSI is around 10 11. Basically if the previous month's RSI is below 10 investor can put in more funds in the 1st week of the next month.
According to Historical Data this seems like a pretty good bet.
Points to Remember :
>Do not Hamper your Ongoing SIP keep it going just make an additional purchase when the RSI is around 10.
>Try to put in 3x or 4x Amt of the Current SIP
For e.g. If your Current SIP Amt is 1000 then try to put in 3000 or 4000
>This stratergy mainly works for Equity MF.
However this is not a Buy/Sell Advice and I'm not a SEBI registered advisor this analysis is purely for research purposes and I am not suggesting or indicating anyone to Buy/Sell. I would request anyone reading this to consider this as a learning
Bulk Buying/Lumpsum/Additional Purchase in Mutual Funds for High Returns using RSI Technical Indicator
So in short the stratergy is to bulk buy or put more money in the mutual fund when the RSI goes below 10 or when the RSI is around 10 11. Basically if the previous month's RSI is below 10 investor can put in more funds in the 1st week of the next month.
According to Historical Data this seems like a pretty good bet.
Points to Remember :
>Do not Hamper your Ongoing SIP keep it going just make an additional purchase when the RSI is around 10.
>Try to put in 3x or 4x Amt of the Current SIP
For e.g. If your Current SIP Amt is 1000 then try to put in 3000 or 4000
>This stratergy mainly works for Equity MF.
However this is not a Buy/Sell Advice and I'm not a SEBI registered advisor this analysis is purely for research purposes and I am not suggesting or indicating anyone to Buy/Sell. I would request anyone reading this to consider this as a learning
Go to Indicators > Search RSI Indicator >Select Relative Strength Index >Add it to the Chart > Go to RSI settings and change the RSI Length to 2