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| Discuss Queries in intraday trading at the Beginners Guide within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hai, I am new to the share market.Being a beginner i am having many queries ... |
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#1
9th June 2008, 10:12 PM
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Queries in intraday trading
Hai,
I am new to the share market.Being a beginner i am having many queries in it.so freinds any one of you please clear it. 1.Is there intraday trading in both NSE and BSE. 2.If yes can we sell shares in NSE that are bought in BSE and viceversa in intraday trading. 
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#2
10th June 2008, 01:47 AM
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Re: Oueries in intraday trading
Quote:
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#3
10th June 2008, 09:10 AM
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Re: Oueries in intraday trading
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eg. If u bought shares on BSE u have to sell it in BSE only(intraday). If u shorted a scrip in NSE u shall have to cover it in NSE only. What u can do is arbitrage in case there is price difference between prices of any particular scrip on BSE and NSE.
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#4
10th July 2008, 07:13 PM
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Re: Queries in intraday trading
accidently due to link failure, squareoff couldnot be done.i want to keep them for long. will there be any imposition
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#5
10th July 2008, 09:27 PM
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Re: Queries in intraday trading
If you had bought some shares and you didnot square off by selling them intraday; no problems. You will be charged brokerage at 'Delivery" rates, which is higher say .25% to .5% as per your arrangement and the shares will appear in your account for which your account will be debited or you have to pay the broker.
Or, if you had 'Sold Short' some shares and the same has not been squared off, The exchange will auction the same on T+2 day evening i.e Monday14th evening at the closing price of that day. Pray that the price goes down in the next 2 days. Plus the penalty will be 20% max. If the power fails you should contact broker immediately and tell him to square the transaction at a price you want or at a price that is possible vps
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