Comment on Intraday stock trader par excellence

Hi Nithin,

I have a query –
Suppose i have a stock XYZ in T1/Demat of 10 shares at buy price – 25 rs.
1-condition: if i again bought 10 shares @ 19 and sold during intraday @ 23, what will be the final demat holding after 3 days?
is it 10 shares @ 25 INR or 19 INR?
2-condition: If i sold 10 shares @ 23 and bought during the end of the day @ 19, what will be the final demat holding after 3 days?
is it 10 shares @ 25 INR or 19 INR?
what i heard is that shares follow “First in First Out” please share clarity on this. if you have some other post where you explained this, please share the link.

View the full comment thread »