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

Nitin commented on 01 Jun 2017, 01:20 PM

Hi Nithin,

I think i understood what you have mentioned above in Blog.
I just have one question , hope you clarify the same.

I buy a share of ‘XYZ’ on Monday, Now i buy with intention that if price get shoot up i will sell on same day.
If price of stock does not move up or rather goes below my buying price i don’t want to sell same day rather i will keep that position open till stock get delivered.

So in above mention scenario, if i buy share with ‘CNC’ would be the best possible option for me. There is no conversion of Intraday position (as i am buying with CNC) so no higher STT charges and obviously no BTST.

Am i right ?? Please confirm.

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