Diwali Muhurat Trading: Do you also want to become a millionaire in 1 hour, follow these tips and brighten your luck…

Diwali Muhurat Trading: There is a tradition of Muhurta trading in the stock market on the occasion of Diwali. This time it will happen on 1 November 2024. On this day, you can invest in the market like normal days, that is, there will be block deal session, pre-open session, regular market session, auction session and closing session.

Those who have ever invested during Muhurat trading before would be well aware that investing on this day is a different experience as it is not just a financial activity but also has religious and cultural significance attached to it. Is.

Let us tell you that Muhurta trading will take place between 6:00 pm to 7:00 pm. If you are thinking of investing during Muhurta trading, then definitely follow these steps…

plan investment

Before Muhurta trading, review your portfolio and list the stocks you want to invest in. Choose such stocks which have good long term prospects.

Also decide how much you want to invest. Generally people make small investments in Muhurta trading, but you can decide it according to your investment plan.

Analyze the current market situation and see which sectors or stocks are best for muhurat trading. Focus on stocks that have stability and have the potential to grow over the long term.

check demat account

If you have not already opened a demat and trading account, then open it first and complete its KYC process. Also, transfer funds to your trading account in advance, so that you can invest on time during muhurat trading.

order placement

You can also set orders to buy shares in advance for Muhurta trading. Many brokers offer the facility of pre-set orders on this day, so that your orders are processed as soon as trading begins.

Muhurat trading time is only one hour, so you have to take a decision and place the order in time. Try to place your order as soon as trading starts.

invest wisely

This day is considered very auspicious, you can start with small investments. Some investors buy small amounts of shares on this day and start their financial year. They plan to keep the shares purchased during muhurta trading as long term investments.

Diwali Muhurat Trading: Choose the right share

Investors often choose safe and stable investment options, such as blue-chip stocks, for muhurat trading. These companies are known for their reliability and stability.

Also, if you do not want to invest directly in the stock market, you can also invest in mutual funds. You can make small investments in mutual funds through SIP.