In this article, we will discuss:
- What is Muhurat Trading
- History & Significance of Muhurat Trading
- Muhurat Trading Timings in 2023
- Who Can Unlock The Benefits Of Muhurat Trading
- Key Factors Before Engaging In Muhurat Trading
- Scan A Swastik For Prosperity This Diwali
- Exciting Features in Muhurat Trading With Samco
Muhurat trading is a special one-hour trading session on the Indian stock exchanges on the day of Diwali. It is a symbolic and old ritual that has been celebrated for decades by the trading community. As Diwali also marks the beginning of the New Year, it is believed that Muhurat Trading on this day brings wealth and prosperity throughout the year.
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History & Significance of Muhurat Trading
The term Muhurat means an auspicious time slot. It is derived from a combination of two Sanskrit words: Muhurtha (moment) and Rta (order or cosmic law). According to Hindu astrology, there are certain time slots in a day that are considered favourable for starting a new venture or activity. These are called Muhurats. Trading during a Muhurat is considered to bring good luck and success.
Muhurat Trading Timings in 2023
Muhurat trading for 2023 is scheduled on Sunday, 12th November, with a limited one-hour window.
The Muhurat Trading session comprises the following segments:
- Block Deal Session: Buyers and sellers agree on fixed prices for securities, informing the stock exchange.
- Pre-Open Session: Lasting eight minutes, it determines the equilibrium price.
- Normal Market Session: One hour of regular market trading.
- Call Auction Session: Specifically designed for trading illiquid securities.
|Muhurat Trading Session, 12th Nov, 2023||Start Time||End Time|
|Muhurat Trading Session||18:15||19:15|
Who Can Unlock The Benefits Of Muhurat Trading
The session's high trading volumes make it an opportune time for both buying and selling stocks. Typically, the festive optimism surrounding prosperity and wealth contributes to a bullish market during this period. Whether you're a seasoned investor or a newcomer, Muhurat Trading offers advantages for all.
For those who believe in the auspiciousness of Diwali, it presents an ideal day to venture into trading. Identify reputable companies, make long-term investments aligned with your plan, and leverage the positive energy of Diwali. If you're new to stock trading, consider observing the markets during Muhurat Trading and engaging in investing to familiarise yourself with the world of financial markets.
Experienced day traders can leverage the session's auspicious sentiment, as many participants buy or sell stocks as a symbolic gesture. While profitability may not be the sole focus, seasoned traders can strategically position themselves for potential gains.
Key Factors Before Engaging In Muhurat Trading
- Recognise the auspicious nature of this period for investments, as many traders and investors view it as an opportune time.
- Be mindful that all open positions at the session's end entail settlement obligations.
- Keep a vigilant eye on resistance and support levels during the potentially volatile market, as the direction may be uncertain.
- Prioritise the fundamentals of a company for long-term investments amidst the excitement and rumours of the trading session. Stick to your investment plan and risk tolerance.
- If capitalising on volatility is your goal, opt for stocks with substantial trading volumes, given the limited one-hour trading window.
- Remember that investing during this time doesn't guarantee returns; a stock's future performance depends on fundamentals and macroeconomic factors.
Scan A Swastik For Prosperity This Diwali
In Muhurat Trading, it's not just about finding the right time; it's about making wise choices. The Swastik scan goes beyond being a feature; it acts as a bridge between tradition and innovation, reminding us to embrace technology while cherishing timeless values. Let Samco be your guide this Diwali for a Muhurat Trading experience like never before. Unlock the auspicious truth, reveal the unseen, and start the new year with prosperous investments as bright as the festival of lights.
Exciting Features in Muhurat Trading With Samco
Muhurat trading is a special trading session held on the auspicious occasion of Diwali, where traders and investors buy stocks and other financial assets to bring in wealth and prosperity for the new year. Samco is a leading stockbroker in India that offers a unique blend of tradition and technology for Muhurat trading. With Samco, you can access the best Muhurat trading strategy, tips and tricks, as well as a captivating Augmented Reality (AR) feature that simplifies stock selection during Muhurat trading. Samco also provides low brokerage fees, high leverage, and a user-friendly platform for trading in various segments. By opting for Muhurat trading with Samco, you can make an auspicious start to your trading and investing journey and enjoy the benefits of a prosperous Samvat 2080.
Wishing you a prosperous Diwali!
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