Comment on Consequences of Short delivery - NSE/BSE

Nitin commented on 10 Jun 2017, 10:05 AM

So this happens, I was short deliver 300 JHS Svendgaard share @priced at 71.25, which I bought for @63.4 .
now on the Friday share price came down to @69.05 and I got 300 shares in my account on next day @68.4 .
So the thing is all transaction from my side were CNC. Not only I Iost the opportunity to book the profits on Friday but all my profits from earlier days were wiped clean. So now I’m wondering how this is protecting a investors when I read in one of your comments that @Zerodha we don’t let the trading ration get out of hands.
I’m fairly new to this. Please take your time to explain what exactly transpired and How on thrusday I was in +2000 now my profits became a big pile of Zerosss.

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