Comment on ZT-Position Conversion

Arun commented on 07 Apr 2015, 01:31 AM

Hi Nitin,
I’ve a question.

I short sold few stocks in MIS trading. I had the same quantity of the shares in my demat account. Hence I modified the MIS to CNC in the position conversion.

Now my question is, what is the price that the stock got sold and adjusted with my short sell?

a. I bought the shares @ around Rs. 65
b. I short sell the shares @ around Rs. 105
c. The closing price of the share was around Rs. 110
d. Approx price at the time when I converted MIS to CNC was Rs. 108

Please let me know how the sell price of my existing shares are calculated in this case.

Thanks in advance,
– Arun.

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