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

Rats commented on 29 Mar 2017, 05:00 PM

Hi Nithin,

Thanks for a lot for such wonderful blog and your service.
Since I am new in Zerodha and espceially, new in this market, I contacted many time your customer service and got reply within a good time limit.
I have some quarries please reply

1. If a person (say my spouse) has no income or very poor income from some temporary source (like tution etc) Zerodha and starts investment? (Assuming she got some initial investment money from some source)

2. If I buy some shares (say 10) on Monday @100 and some (say 10) @110 Wednesday, on Friday want to sell 10 (out of 20) only, is it BTST? Is there any risk like auction penalty etc? What will be avg. price then (100 or 105)?

3. I am an full time employee of other company, will be I treated as “active traders or businessman” for BTST?

4. Can I give my account details to my reliable relative so that he/she can operate my online trading, I mean is there any problem from legal point of view?

Thanking you again.

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