Muhurat trading is an old ritual that has been done by traders for hundreds of years, even before the existence of the share market. This is the lucky hour of trading that happens on Diwali, and the stock exchange decides when it happens every year. People have thought for a long time that trading or investing during the Muhurat will bring money and success for the whole year. During this session, which is mostly held in the evening, most traders buy stocks.
The word “Muhurat” means a good time to do business. According to the Hindu calendar, this is when the planets are lined up in a certain way, making it a good time to do business. Most traders do business during this time of year for sentimental, religious, and customary reasons.
How did it all begin?
During the Muhurat trading session on Diwali, brokers used to set up new settlement accounts for all of their clients. Indian stock exchanges are the only ones that can do Diwali Muhurat Trading. On Diwali, a ceremony called Laxmi Pooja is held on the stock market, and investors buy shares of reputable companies to keep for future profits. Muhurat trading tells us two things that are clear and loud: pay attention to quality and make investments with long-term goals.
Information you need to know about Muhurat Trading
1. The best day to put money away
People believe that the day of Diwali and, especially, the season of Muhurat trade are especially good times to invest money. This is one reason why a lot of traders start the day with special prayers and buy shares in companies they want to invest in for the long term. To make a smart investment, you also need to know what happened on the stock market the day before.
2. Good for first-time investors
The best time for a new trader to make their first deal is called the “muhurat deal.” One can learn about the market while exploring with a small amount of money. Once they understand it well enough, traders can choose the best stocks to invest in.
3. Helps day traders make money
Many traders believe that muhurat trading is a good way to make a lot of money because the Sensex will be going up, for sentimental reasons. Because of this, many people buy and sell stocks on the same day. But people should be careful because the Sensex has lost money on some Muhurat trading days. There have also been times when the Sensex went down the day after an event.
What do you need to do?
Before making an investment, a person who wants to make money should look for stocks or equities with a high return and a strong cash flow. Adding gold to your portfolio of investments needs careful thought if you want to make money from it. Today, you can easily buy Gold in the form of ETF or bonds.
Muhurat trading If you’re one of the many traders who hasn’t yet found the right time to buy or sell on the stock market, this is the year to do it. This is a very exciting time for both traders and investors. But it’s important to remember to trade wisely and not let your desire to make more money take over.
So get ready by doing research on the stocks you want to trade and the money you want to put in during the Muhurat Trading this Diwali. Open your Zebu trading account and get started now.
Leave a Reply