Comment on Consequences of Short delivery - NSE/BSE

Nithin Kamath commented on 28 Nov 2013, 07:34 AM

Kamal,

At Zerodha, when you short intraday even if you forget to square off we run an auto square off feature for all MIS(intraday) orders at 3.20pm.

So typically the only time when you short a stock you could be in trouble is if the stock hits an upper circuit. Yep in that case it could mean big trouble, has happened to me a couple of times very early in my trading career. My advice would be to not short stocks which have the habit of hitting circuits.

Cheers,

View the full comment thread »