Key stats
About Direxion Daily MSCI India Bull 2X Shares
Expense ratio
1.29%
Home page
Inception date
Mar 11, 2010
ISIN
US25490K3317
INDL provides an aggressive, daily 2x leveraged bet on the MSCI India Index. Anyone holding INDL for longer than a single trading day will be exposed to the effects of compounding, which means that the 2x multiple may not be achieved. Prior to January 3, 2017, INDL tracked the Indus India Index, and prior to October 30, 2020, the fund's leverage factor was daily 3x exposure. Its current index, the MSCI India Index, broadened INDLs exposure to cover approximately 85% of companies by market capitalization. The index is also rebalanced semi-annually.
Classification
What's in the fund
Exposure type
ETF
Cash
Stock breakdown by region
INDL - Positive INDL chart in a glimpse, on special request from some friends who have exposure in this
Direxion Daily MSCI India Bull 3x Shares (INDL)
Find below the fund summary as from their website:
The Direxion Daily MSCI India Bull 3X Shares seeks daily investment results, before fees and expenses, of 300
INDL Potential Dip Buy INDL has reached strong support with a great chance of recovery. Wait for confirmation for uptrend and should be an easy 5% return. RSI is extremely oversold.
weely chart everytime rsi oversold we get a bounce maybe the next move is to 160 top of the channel>>>>>???? india is a growing emerging market longer term eh IMO
this is an interesting chart channelthe overall pattern looks corrective to me... we are way oversold and at the bottom of a large channel... risk to reward is good for a long, IMO , good luck
INDL 3X ETF TRADETrade at 75 Buy to 80 Sell for Bounce Attempt Back in The Cloud.
It May Fail before it hits Cloud.
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