Diwali Muhurat Trading Strategy: How to trade in Muhurat trading, what should be the strategy?
Diwali Muhurat Trading Strategy: It is very important to make a strategy so that you do not miss out on making profits on the auspicious day of Diwali. In such a situation, today we are going to tell you about what strategy you should adopt during Muhurat trading. When it comes to money, it is very important for investors to develop a strategy before investing. Read what is the complete news.
For those investing in the stock market, today Sunday, November 12, on the day of Diwali, the market is going to open one hour from now i.e. at 6 o'clock. This Muhurta trading has been specially organized by BSE and NSE for today.
It is very important for any investor to make a strategy before investing because it is about money. In such a situation, today we are going to tell you about the investment strategy in the market which is opening for one hour this Diwali.
Today the market will be open from 6 pm to 7:15 pm. During this period, new investors who are going to start their investment journey can start by investing during this period, because this day is considered auspicious.
Creating a strategy is important because out of the last ten Muhurat trading sessions, investors have earned returns in seven. According to Harjit Singh Arora, Managing Director, MasterTrust, the profiteering in these seven sessions has highlighted the auspicious nature of the opportunity for market participants.
According to Harjeet Singh, it is important for investors to plan carefully in the short time frame of Muhurta trading. Apart from this, we have to clearly outline our financial goals, whether we are looking for short-term gains or long-term investments.
As an investor, you should look for companies with strong fundamentals, positive earnings reports, and growth potential. Apart from this, you can also search for stocks based on technical studies for short-term trading opportunities.
According to Harjeet Singh, generally, we see volatile trading sessions hence it is very important to do thorough research before placing any trade.
Apart from this, risk management is a very important part that you should not ignore. Risk appetite varies from person to person, portfolio risk for long-term investments can be reduced by proper diversification.
Intraday traders, especially, should choose stocks with adequate liquidity to ensure the smooth execution of trades.
