Comment on ZT-Position Conversion

Nithin Kamath commented on 19 Oct 2014, 03:03 PM

1 a. You can convert from MIS to CNC only if you have 200 shares of UBI stock in your demat account with us, otherwise No.
b. Before 3.20pm everyday.

2 a. Yes you can convert, but you need to have full money to buy the 600 shares of Ranbaxy and also a demat account mapped to your trading accoun.
b. Once stock is already bought and in your demat account, you can cannot convert that. You will have to sell it and buy it back before end of day.

Stepwise is as shown in the blogpost above. It is the same way if you are trading F&O or Equity.

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