The National Stock Exchange (NSE) is closed on certain days of the year, which are known as NSE holidays. These holidays are typically national holidays, religious holidays, or other special occasions. While trading on NSE holidays can be risky, it can also be profitable. If you are looking to trade on an NSE holiday, there are a few holidays that are better than others.
Here are the top 5 NSE holidays to trade:
1). Republic Day: Republic Day is celebrated on January 26th each year to commemorate the day India became a republic. This is a national holiday, so there is typically less trading volume on this day. However, the prices of stocks can be more volatile, which can create opportunities for traders. Check more on BSE Holidays.
2). Holi: Holi is a Hindu festival of colors that is celebrated in March or April each year. This is a religious holiday, so there is typically less trading volume on this day. However, the prices of stocks can be more volatile, which can create opportunities for traders.
3). Mahavir Jayanti: Mahavir Jayanti is a Jain festival that celebrates the birth of the 24th Tirthankara, Mahavira. This is a religious holiday, so there is typically less trading volume on this day. However, the prices of stocks can be more volatile, which can create opportunities for traders. Check more on BSE Holidays.
4). Good Friday: Good Friday is a Christian holiday that commemorates the crucifixion of Jesus Christ. This is a religious holiday, so there is typically less trading volume on this day. However, the prices of stocks can be more volatile, which can create opportunities for traders.
5). Diwali: Diwali is a Hindu festival of lights that is celebrated in November or December each year. This is a religious holiday, so there is typically less trading volume on this day. However, the prices of stocks can be more volatile, which can create opportunities for traders.
Why are these holidays good for trading?
There are a few reasons why these holidays are good for trading:
Less trading volume: There is typically less trading volume on NSE holidays, which can create opportunities for traders. This is because there is less liquidity in the market, which can make it easier to buy and sell stocks at favorable prices. Check more on BSE Holidays.
More volatility: The prices of stocks can be more volatile on NSE holidays, which can create opportunities for traders. This is because there is less oversight from regulators on these days, which can lead to more aggressive trading.
Specific trading opportunities: Some holidays, such as Holi and Diwali, are associated with specific trading opportunities. For example, Holi is a good time to trade stocks of companies that manufacture and sell colors, while Diwali is a good time to trade stocks of companies that manufacture and sell fireworks. Check more on BSE Holidays.
Wrapping up
NSE holidays can be a good opportunity for traders to make money, but they also carry some risks. If you are considering trading on an NSE holiday, make sure you do your research and understand the risks involved. Check more on BSE Holidays.