Muhurat Trading 2024: Essential Timing and Strategies
Muhurat Trading Timing and Details
Muhurat trading for 2024 will occur today, November 1st, from 6:00 PM to 7:00 PM, with a pre-opening session starting at 5:45 PM. Intraday positions will be squared off 15 minutes before the session closes, necessitating careful planning for same-day trades. This unique trading session is a tradition where investors make token investments to invoke blessings from Goddess Lakshmi, the goddess of wealth.
Stock Recommendations for Muhurat Trading
- Centrum Broking recommends Macrotech Developers at Rs 1,082 targeting Rs 1,368, with a potential upside of 26%.
- TCS is suggested between Rs 4,085-3,900, aiming for Rs 4,650.
- Trent is recommended at Rs 7,150-6,950 targeting Rs 8,900.
- For viewers interested in financial performance, NHPC is advised at Rs 82 with a target of Rs 108-110.
- Investors aiming for gold can consider GoldBees ETF targeting Rs 83, showing a potential upside of 27%.
Muhurat Trading Tips for Investors
While celebrating the festive spirit of Muhurat trading, it is crucial to adhere to sound investment principles. This is the perfect time to start or enhance a long-term portfolio. Allocating a portion of funds to precious metals can act as a safety net against market volatility.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.