Comment on ZT-Position Conversion

nagesh commented on 19 Oct 2014, 01:35 PM

Dear Mr.Kamath,
Happy Diwali in advance, sir w.r.t “position conversion”, i’ve understood and need little update and correction from you.
For “position conversion” from intraday to delivery i.e. MIS to CNC., We need Sufficient Fund. This i understood.
i put u one scenario, please help me out.

Scenario 1: I “SHORT SELL” UBI Stock @ 200, Product Type: MIS, i failed to buy back!!
My question to you is :
a) Is it possible to convert “MIS” to “CNC” ? Please note i’ve done “SHORT SELL”..
If i could convert this, How to convert ? please provide me stepwise advice.
b) At what time , “MIS to CNC” position converstion should be done ?? Tell me Terms & Conditions.

Scenario 2: I “BUY” PNB Stock @ 900, Product Type: MIS, I failed to sell. I want to convert ‘MIS’ to ‘CNC’.
a) Show me stepwise procedure in zerodha trading software.

Scenario 3: I “BUY” Ranbaxy Stock @ 600, Product Type: CNC.
a) I want to convert “CNC” to “MIS”, Please tell me how to convert this ?? Show me stepwise procedure in zerodha trading software!

Thanks in advance,
Nagesh

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