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  #1  
Old 20th October 2011, 08:55 AM
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Default Muhurat Trading 2011



Any good cherry pick on Muhurat trading suggestion till next Muhurat.

What time would be the trading session on 26th on NSE and BSE?

Any Update!

Happy Investing!
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  #2  
Old 20th October 2011, 09:48 AM
Sachin Asher
 
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I can't find any circular for Muhurat trading on NSE's site.

Maybe the timings have not be declared yet.
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  #3  
Old 22nd October 2011, 11:45 AM
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Sanji , ji Normal trading starts at 4:45 pm and ends at 6:00 pm, same applicable to F&O.

On 24 , extended live trading session up to 8 pm [Monday] for Gold ETF.

I was not very active in market, but my bet is on

Name: Dhunseri Petrochem [bse code:523726]

Currently trading at year low of 120, expected dividend at 5 rs.

It is into PET, Tea,and IT infrastructure.

Most of the expansions will complete in 2013, with an expected EPS of 54 for FY13.

I think it can easily trade at a PE of 6 to 8, if all goes well.

Last edited by ramkasi : 22nd October 2011 at 12:00 PM.
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  #4  
Old 23rd October 2011, 09:53 AM
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Quote:
Originally Posted by ramkasi View Post
Sanji , ji Normal trading starts at 4:45 pm and ends at 6:00 pm, same applicable to F&O.

On 24 , extended live trading session up to 8 pm [Monday] for Gold ETF.
That is correct.

Muhurat Trading 2011 (26th October 2011):

Normal / RDM/ Odd Lot Market Open : 16:45 hrs
Normal / RDM / Odd Lot Market Close : 18:00 hrs
Closing Session start : 18:10 hrs
Closing Session end : 18:20 hrs

NSE circular for Muhurat Trading 2011:

http://www.nseindia.com/content/circulars/CMTR19187.pdf

On 24th October, a special session will be held for Gold ETFs only. No other securities will be traded in this special session.

Pre-open Time (for order cancellation only): 16:25 hrs
Normal Market Re-Open time: 16:30 hrs
Normal Market close time: 20:00 hrs
No closing session after extended market close.

NSE circular for special session on 24th October 2011:

http://www.nseindia.com/content/circulars/CMTR19202.pdf
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  #5  
Old 26th October 2011, 11:30 AM
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Nifty had closed at 6312.45 on Muhurat Trading session last year (5th November 2010). That was the peak for 2010 and has not be surpassed till now.

Coal India had listed a day earlier on 4th November and had closed at 349.85 on 5th November.

Both Nifty and Coal India are down compared to previous year's Muhurat Trading session.

I wonder what the new year holds for us.
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  #6  
Old 26th October 2011, 11:46 AM
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For 2007's Muhurat Trading session, Nifty's closing value was 5663.25 (9th November 2007).

Adjusting for dividends, Nifty has given 0 return in last 4 years.

.
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  #7  
Old 26th October 2011, 04:52 PM
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Sachinji are you hunting anything today
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  #8  
Old 26th October 2011, 04:58 PM
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Quote:
Originally Posted by ramkasi View Post
Sachinji are you hunting anything today
Nothing really.

Just bought 300 Deccan Chronicle for day trading.

Some major decisions may (or may not) be taken in Europe today. I don't want to take a position ahead of such a big event.

Quote:
EU officials and European diplomats lowered expectations of a breakthrough when the 17 euro zone leaders meet from 1730 GMT, despite Franco-German assurances that a "comprehensive solution" to two years of debt turmoil would be found by the end of the month.

The leaders may agree only on broad outlines and leave crucial details, including the numbers on a Greek debt write-down and on funds available for financial fire-fighting, for later negotiation among finance ministers.
Conclusive summit deal on euro zone crisis looks elusive | Reuters
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  #9  
Old 26th October 2011, 06:04 PM
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Quote:
Originally Posted by Alchemist View Post
Just bought 300 Deccan Chronicle for day trading.
Bought 300 @ 47.70 and sold 300 @ 47.71.

Made no money, will have to pay brokerage and taxes.
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  #10  
Old 26th October 2011, 11:26 PM
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Last Muhurat was a great day for selling shares.

Sold some today. My hunch is Nifty will break 4750 decisively for once over the next 3 months. Waiting for 4300-4400 to buy.
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  #11  
Old 28th October 2011, 11:08 AM
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Quote:
Originally Posted by Alchemist View Post
For 2007's Muhurat Trading session, Nifty's closing value was 5663.25 (9th November 2007).

Adjusting for dividends, Nifty has given 0 return in last 4 years.

.
This shows the importance of timing the market. While it is usually claimed impossible to be able to time the market, I would think a bit differently. I would rather say its practically impossible to perfectly time the market.

Both technically and fundamentally its perfectly possible to partially time the market which by all means must be attempted while not only trading but investing as well.
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