Comment on Consequences of Short delivery - NSE/BSE
commented on
26 Jun 2015, 05:27 PM
Dear Sir,
In case of short covering, If i sell a share @ Rs. 100 by selecting product type as ‘MIS’ at 10AM,
1) By 1 PM I wanted to buy share @ Rs. 90, to place the order for buying should I use MIS (Intraday) or CNC (Delivery) as product type?
2) If I didn’t buy at by 3:20 I hope zerodha will buy the stock at CMP[Current Market Price]. Please comment on this
3) At this square off time if share is reached to it’s circuit limit [even though its rarest case] What happens to the shares that I already sold? Will I get any penalty on this?
Thanks in advance