Comment on BTST/ATST( Buy/Acquire Today Sell tomorrow)

Hi Team,

I have Rs 50K in my account…. I buy stocks worth 50K on monday and sell it on tuesday……

Question 1: I understand that i can place a withdrawal of Rs 50K from my account only on thursday evening. Is this correct ?

Question 2: Even though iam not able to withdraw the amount, iam able to trade with it before thursday. If i do intraday trading on wednesday (buy and sell same day) and again on thursday ( buy and sell same day) with the money, Will i still be able to withdraw the 50K on thursday evening.? ( since iam doing only intraday and not delivery based on wednesday and thursday).

Please clarify.

Thanks
Danny

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