The Muhurat transaction is the auspicious time of the year when traders and investors look forward to trading. India celebrates the victory of justice over evil with Diwali. This is why goddesses like Laxmi and Kali used lights, firecrackers, candles and sweets to worship the whole of India on that particular day. Diwali also marks the new account year for people associated with any type of business. This is the reason why the NSE or the National Stock Exchange opens the stock market for trading. A special 1-hour period from 6.15 pm to 7.15 pm each year. This period is marked as a muhurat transaction. Let’s discuss the selection of Muhurat trades in 2021 in this article.
Muhurat Trading Frequently Asked Questions
During Diwali, NSE and BSE set up a trading session window. The beginning of the trading session marked the beginning of the Hindu New Year. Samvat is the name of the new year.
During the Muhurat trading period, stock volatility was also very small. Therefore, there was no significant index change during Muhurat’s trading period. There are some intraday transactions, but they are not large in scale. Depending on the business environment, the index may close higher or lower.
Yes, stocks and commodities are traded during this period. Not only Equity F&O, but Curency F&O’s various stock-related transactions can be completed within this period of time.
The upcoming muhurat will be held on November 4, 2021. It will start from 6.15 pm to 7.15 pm.
What is Muhurat Trade?
Muhurat is a term that refers to a specific time. Diwali also signifies the Hindu New Year in certain areas of India. Therefore, the muhurat transaction indicates a new beginning during Diwali.During Diwali, we started New business Years, as the name suggests. Diwali marks the beginning of a new business year for the Indian business community. This is why the Indian Trade Authority provides traders and investors with special time periods for trading. The idea to start limited-time trading came from NSE, India’s main stock exchange. In the evening, this is why the muhurat transaction started at that time. Let everyone celebrate this holiday wholeheartedly.
The broker on Dara Street also said that people who bought shares during the Muhurat transaction should sell these shares instead of passing them on to the next generation. Prosperity is produced in this way from generation to generation.
Market schedule for this auspicious day
- Before market opening=6.00pm to 6.08pm
- Block trading time = 5.45pm to 6.00pm
- Normal market time = 6.15pm to 7.15pm
- Call Auction Illiquid period = 6.20 pm to 7.05 pm
- Closing time = 7.25 pm to 7.35 pm
2021 Muhurat Deal Selection
In this special period, investors are keenly waiting for the most potential stocks to invest. On the other hand, traders also wait as long as possible to generate profits. Since most traders eagerly waited for trading in that one-hour period during that time, some of the falling trading stocks started to rise.This is why The market becomes very unstable During that time. So it is very important to invest wisely to get profits and profits.
In the following, I present to the best brokerage companies their selection of muhurat transactions in 2021. This way it can help you generate profits. The brokerage company and their advice is,
1) Muhurat Trading Picks 2021 by Reliance Securities
A generation. Ashok Leland:
It is recommended to buy. The target price is 170.
The brokerage company expects steady double-digit growth in trading volume. It predicts that the company’s market share will remain unchanged, with an EBIDTA profit margin of 10.8%. In view of the current M&HCV industry and Ashok Leyland’s worst down cycle seems to be over. The company expects that the upward cycle in FY22 and FY23 will also bring considerable earnings growth and valuation expansion. This will lead to a sharp rise in current levels.
ii. Gujarat Natural Gas:
It is recommended to buy. The target price is 967.
As people increasingly tend to use natural gas instead of other alternatives, such as fuels, and the price advantage of natural gas relative to alternative fuels. A brokerage company predicts a compound annual growth rate of 16%. It expects that the company’s earnings will also grow at a compound annual growth rate of 23%. Not only is its ROCE expected to increase by 254bsp to 30.8%, but it may also become India’s first CGD company worth US$10 billion.
3. HCL technology:
It is recommended to buy. The target price is 1480.
Reliance Securities The company is expected to achieve a substantial revenue recovery in the next three years, thanks to continued transformative transaction victories and decades of experience in IMS/cloud service products, as well as the growth percentage of the Mode 2 business.
Some other important recommendations from Reliance Securities are
- Infosys: Recommended purchase; target price is 2021 rupees.
- Kalpataru Power: It is recommended to buy, with a target price of 678 rupees.
- Larson and Tubro: It is recommended to buy, with a target price of Rs 2303.
- Japan Life Insurance India AMC: It is recommended to buy, the target price is 526 rupees.
- RK Forging: It is recommended to buy, the target price is 1700 rupees.
- UltraTech Cement: It is recommended to buy, the target price is 9400 rupees.
- Varun Baverages: It is recommended to buy with a target price of Rs 1,141.
2) Muhurat Trading Picks of HDFC Securities 2021
A generation. Dongfang Cement Co., Ltd.:
- Protensial rose 20.50%,
- CMP 178.90
- Target price 214
- The stop loss should be 158.
ii. Bank of India
- Protensial rose 20.86%
- CMP 173.05
- Target price 210
- Stop loss should be 155.5
3. IDBI Bank Co., Ltd.
- Protensial rose 16.91%,
- CMP 55.85
- Target price 65
- The stop loss should be 48.
4. Oberoi Real Estate Co., Ltd.
- Protensial rose 4.41%
- CMP 1034
- Target price 1080
- Stop loss should be 887
v. Dongfang Electric Co., Ltd.
- Protensial rose 17.35%
- CMP 377.05
- Target price 440
- The stop loss should be 320.
6. Pilamar Enterprise Co., Ltd.
- Protensial rose 17.13%,
- CMP 2713.50
- Target price 3180
- The stop loss should be 253.
7. Soba Limited
- Protensial rose 4.45%,
- CMP 926
- Target price 980
- Stop loss should be 740
8. Dishman Carbogen Amcis Ltd
- Protensial rose 11.27%,
- CMP 213
- Target price 237
- Stop loss should be 194
in conclusion
I hope my readers have a clear understanding of the most profitable stock investment and make this muhurat transaction the most profitable possible.
