Comment on BTST/ATST( Buy/Acquire Today Sell tomorrow)
commented on
29 Oct 2014, 10:39 AM
1. To convert your positions on the mobile you need to use the “Partial Position Conversion” option available in the Positions widget on the mobile app. You can read more about it on our blog for the mobile app.
2. All your positions are synced with all your devices seamlessly. This means that you can buy on day 1 as CNC and and sell on the mobile the next day by simply placing an order for the quantity you own as CNC. Your T1 Holdings will show up in your Holdings widget and you can also use the square off button. Note that the scrip can be tapped on to open the next page on which you can see the exact amount of T1 holdings.
3. STT will be charged as per the rules and regulations set by SEBI. Since it is not an intraday trade, you will have to pay the whole STT for delivery based trades. You won’t have to pay DP charges for BTST though.
4. Usually, you should never have a penalty trading A group stocks, but the stock market is a place full of surprises… so it’s best to be safe or aware of the risks you’re taking.
5. We provide alerts for stock prices only on email, not by SMS as most service provides charge for this. Since we don’t intend to charge our clients for getting SMS alerts, we’ve decided to not offer this facility.