CPSE ETF follow on offer

I have few queries with respect to upcoming CPSE ETF follow on offer.

(1) ETF is traded on exchange. So is the unit price market determined like shares or is it strictly bought/sold on NAV value?

(2) What if I want to buy/sell the ETF directly with mutual fund house? Can it be bought/redeemed like normal mutual fund units through fund house? Is there any exit load?

I dont want to buy/sell ETF units through exchange as there would other expenses like STT, brokerage and other statutory charges. Also liquidity might be an issue.

(3) There is 5% discount to new offer. So who gives this discount from their pocket? The govt? the underlying companies?

(4) If the units are sold on listing/allocation day than does it mean 5% gain (assuming the shares of underlying companies doesnt change or change minor)

Any help on this?

CPSE ETF follow on offer

Welcome

Hi, there are all gr8 people, i m a beginner in stocks's market world and needs every bodys help. thanks....

Welcome

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Swing relations code for amibroker

Hey guys, I am really new to amibroker and I am moving from another software that had a swing relations color coding built into it. However I need to make a change as this program is costing too much.

I was wondering if anyone could help with this color coding?
I need to base the color coding on the previous and current day high/low.

On a bar chart;

if high is higher than previous candle and low is higher than previous candle (color green)

if high is lower than previous candle and low is lower than previous candle (color red)

if high is lower than previous candle and low is higher than previous candle (inside bar: color the same color as previous bar)

if high is higher than the previous candle and low is lower than the previous candle (outside bar: color blue)


So yeah if anyone can help with this code it would be very much appreciated.

Swing relations code for amibroker

Greetings

HI GUYS,
Greetings.
I am Premnath. I am a postgraduate in management. I am new to this forum and I am glad that I am posting my first message.
Hope to share mutually beneficial stuff here.
Thank you.
Regards

Greetings

Fresher

Hello Traders,

I am a beginner and want to start intraday trading. Looking to start with a capital of 15 lakhs and would like to have your guidance on the few queries i have before starting. Ideally i would like to trade with one of the Discount stock brokers like RKSV but i am a bit sceptical about the safety of the money and what happens to the money held with these brokers in case of my untimely demise. Is there nomination facility available and can my family claim this money with out any hassle incase of any unfortunate event to self. Alternatively i am also considering trading with Yes Bank primarily because of the apparent safety of the money. Also would like to know whether full service brokers like Yes bank / Kotak / HDFC etc also offer leverage like the discount brokers. Looking forward to your inputs to start my trading journey.

Warm Regards

Haja

Fresher

MyCrudeoilTrade

Friends

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Cheers
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