Comment on ZT-Position Conversion

vishal commented on 04 Oct 2017, 06:01 PM

Suppose I buy 1 lot of nifty as normal at 9900 . On the same day if I sell 1 lot as MIS at 9500.
1. Will I hold both long and short positions?
2. If the answer to the above question is yes and we hold both long and short position. What will happen if I try to convert any of the position, either from normal to MIS or MIS to normal? Will this result in both of my positions being closed?

Thanks
Vishal

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