Muhurat Trading

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Importance of Muhurat Trading:

Muhurat Trading is very important among the broking community in India. The new Samvat for the business class begins from this day. In Astrology, Muhurat means a specific time to begin some auspicious task. As it is the beginning of the new Samvat there is a Muhurat that will tell us the fortune of the stock market for the whole year.

You may not believe in this fact. From the Diwali of the year 2007 to Diwali of the year 2011 the muhurat trading time was fixed at 6:00 pm. I don’t know the cause behind this, but the result was that 95% of the stocks have lost their 70 to 90 percent of their value.

From last year there is a change in the muhurat trading time and the result is that we have made a new high in SENSEX. At last Diwali the NIFTY was at 5666 and made a low of 5118 and high of 6342 on this Diwali.

The main question is that, what is the Muhurat for this year mean for us?

This year Muhurat trading time tells that we will be making new highs for this year but with volatility. That means there must be corrections for the whole year. The importance of this year Muhurat is that we will see that the beaten down mid cap stocks will become 2 to 5 times till the next Diwali. This will happen to about 60% of the stocks.

This is not easy to select a good stock that will give 100 or 200 percent return. One such example is GMRINFRA. This stock made a low of Rs. 10.60 on August 6, 2013 and now it is trading at 23. If it goes beyond 27 there are good chances that it will become 60 till next Diwali. Remember the stock that turns 3 times will become 6 times.

Please tell me, if you do not agree with me on the importance of Muhurat. You can help me in identifying the stocks which can give good return. You can also ask me about the stocks you hold. I will try to give my opinion. You can put your queries in comment section.