The word "Muhurat" means an auspicious time and as per the Hindu calendar, during this time, the planets align themselves in a pattern and doing a trade during this time brings in prosperity. Most of the traders trade during this time for religious, sentimental and traditional reasons.
Diwali Muhurat Trading is unique to the Indian stock markets only and brokers used to open the new settlement accounts for all their clients on the day of Diwali during the Muhurat trading session. The same tradition is followed in the capital market where on the day of Diwali, Laxmi pujan is done and investors purchase shares of the good companies so that they can hold them for long-term gains. Muhurat trading gives us two clear messages; to focus on quality and to invest with long-term goals.
The day of Diwali and especially the time of Muhurat trading is considered to be quite auspicious to invest one 's money. This is one of the reasons that many traders start the occasion with special prayers; moreover, they buy shares for the companies they wish to hold for long-term. One also needs to predict the stock market trading activity the day before to make a wise investment.
Muhurat trade is also known as the most auspicious time for a new trader to do his/her first trade. One gets to understand the market and can experiment with a small investment. Once a thorough understanding is gained, traders can invest by picking up the best stocks.
There are many traders who believe that Muhurat trading brings them a lot of profit as Sensex would have a bullish trend. Hence, many buy the stocks and sell them on the same day. However, one has to be cautious while doing so as there are Muhurat trading sessions where the Sensex has seen a loss. Also, there are times when the Sensex has dipped on the day after the festival.
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If you are one of those many traders who haven 't yet found the right time to start your first trade, Muhurat trading 2017 is the right time to venture into the stock market trading. This is the very exciting time for both investors and traders and it is important not to get carried away with the fervor to earn more and remember to trade smart. Muhurat trading this Diwali will be held on the 19th October 2017, On Thursday. The timings will be notified by the stock exchange subsequently.
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So, it is time to get ready by doing your research on what stocks to trade and invest during the Muhurat Trading this Diwali.
So, it is time to get ready by doing your research on what stocks to trade and invest during the Muhurat Trading this Diwali. Open an Account now for Muhurat Trading