Comment on Orders - Place, Modify, Cancel & View

krishcha commented on 27 Aug 2015, 07:27 PM

I always buy shares for delivery. Is there any way to change the default product type from MIS to CNC for a trading account. Many times I make the mistake of not selecting CNC while I actually wanted delivery. While getting contract note, I find out that my position has been squared off, 🙁

I am worried that I might be classified for tax purposes as trader since such transactions can be considered as intra day trade. Please give an option to select a default product type for our account.

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