Is Muhurat Trading Profitable?
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Can We trade on Diwali?Ā Is it the right time to trade? Will it give you better profits? Is Muhurat trading profitable?Ā If your concern revolves around these questions, then this informative piece will help resolve the queries around the factors that can help gain more under Muhurat Trading.
Muhurat Trading
As the festive season is at its peak, how will the traders benefit from the share market? For this, every year, the share market allows the traders to earn more with Muhurat Trading.Ā
Wondering how?
The Muhurat Trading is allowed in the share market as it represents the beginning of Hinduās New Year, i.e. Samvat that acts as the day of good luck, wealth and prosperity.
In Muhurat Trading, the share market opens for one hour, starting from 6:15 pm to 7:15 pm. In this one hour, the traders get the opportunity to earn more.
After looking at the Muhurat trading gist, it is time to check whether or not is Muhurat Trading profitable?Ā
Muhurat Trading RulesĀ
Before looking at the different Muhurat Trading rules, the most important facet is that for only one hour, the market session will be open corresponding to the Laxmi Pujan time.
Now, here are some other Muhurat Trading rules as mentioned below:
- It is essential to check the trends on the Muhurat trading as most of the traders enter the market during this time. This results in the market following a bull run for some time.Ā
- Under Muhurat Trading, specifically in intraday trading, it is essential to stay away from rumors created at the time of the assigned hour. The rumors have the potential to make the market fluctuate at a massive rate and often resulting in losses.Ā
- Under intraday trading, it is necessary to square off the open positions 15 minutes before the market closes.
Is Muhurat Trading Profitable is a question that appears in the mind of most of the investors or traders? Isnāt it? If you are also among the traders who want to earn more and greater returns, keep reminding yourself of the rules mentioned above to make Muhurat trading beneficial.
Muhurat Trading can act like a route that takes the traders towards earning better returns.
Muhurat Trading can be a shubh and good opportunity or a beneficial trading type for the investor who is looking for the perfect time to enter the stock market.
Muhurat Trading Timing
It will be more beneficial to look at the different timings of Muhurat trading that can give some understanding for the right entry and exit timings.
Therefore, to pen down a few timings as per the Muhurat Trading, letās refer to the following table.
Muhurat Trading Time Table | Muhurat Trading Time Table |
Block Deal Session | 5:45 pm - 6:00 pm |
Pre-Open Session | 6:00 pm - 6:08 pm |
Normal Market Session | 6:15 pm - 7:15 pm |
Call Auction Session | 6:20 pm - 7:05 pm |
Closing Session | 7:25 pm - 7:35 pm |
Stocks for Muhurat Trading
But which stocks to select while doing Muhurat trading? To gather more gains while trading on an auspicious day, it is important to make a list of the stocks that can actually give some promising results to the traders.
Therefore, to get the list of the best stocks for Muhurat Trading, letās delve inside the following table.
Best Stocks For Muhurat Trading | Best Stocks For Muhurat Trading | Best Stocks For Muhurat Trading |
Scrip Name | Buying Price | Target Price |
Auto Sector | ||
Ashok Leyland | ā¹143 | ā¹175 |
Sona BLW Precis. | ā¹640 | ā¹775 |
Ramakrishna Forging | ā¹1192 | ā¹1545 |
Suprajit Engg. | ā¹368 | ā¹425 |
Banking Sector | ||
HDFC Bank | ā¹1653 | ā¹1859 |
Federal Bank | ā¹102 | ā¹135 |
AU Small Finance Bank | ā¹1261 | ā¹1520 |
Shri City Union | ā¹2215 | ā¹3002 |
Chemical Sector | ||
P I Industries | ā¹3000 | ā¹3950 |
Others | ||
StovekraftĀ | ā¹980 | ā¹1288 |
LemontreeĀ | ā¹53 | ā¹64 |
Carborundum Uni. | ā¹868 | ā¹1010 |
Safari Inds. | ā¹853 | ā¹979 |
Sobha | ā¹765 | ā¹950 |
Whirlpool India | ā¹2230 | ā¹2760 |
Amber Enterp. | ā¹3450 | ā¹4150 |
From the above table, it is clear that the top sector for Muhuat trading is an automobile, banking, pharmaceutical, etc. So do a proper analysis of these sectors and stocks before making an investment decision.
ConclusionĀ
Muhurat Trading can be helpful for the traders who trade with some specific rules and target of earning.
Therefore, if you too want to achieve more profits this Diwali with the Shubh Trading type, then it is the right opportunity to go with Muhurat Trading Today.
Also, to maximize the profit consider the Muhurat trading brokerage charged by different stockbrokers to gain more.
Start with the procedure of opening an accountĀ within 15 minutes and make the best of Muhurat trading.Ā
Why to wait for more then? Open the account, enter the market, and get higher profits at better Muhurat.
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