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vijay123
Teacher
Asked: 2024-11-01T08:54:33+05:30

What is Muhurat Trading and why is it important?

What is Muhurat Trading and why is it important?
intradaytrading

1 Answer

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  1. Anonymous
    Best Answer

    Muhurat trading is a special one-hour trading session that takes place on Diwali, a Hindu festival. It’s believed to bring good luck for the upcoming financial year. People buy and sell stocks during this time as a symbolic gesture of inviting wealth and prosperity.

    Key Points to Remember:

    • Auspicious Timing: Muhurat trading takes place during the auspicious time of Laxmi Puja.
    • Limited Duration: The trading session lasts for only one hour.
    • Symbolic Significance: It’s more about the symbolic gesture than actual financial gains.
    • Informed Decision-Making: While it’s a tradition, it’s important to make informed investment decisions.

    Remember, while Muhurat trading holds cultural significance, it’s crucial to approach it with a rational mindset and consult with a financial advisor.

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