Margin plus and Margin method in ICICI Direct

#1
hi :lol:
am new to icici-direct..i have a question regarding margin plus and margin method.

if we buy shares using margin plus and margin methods..we have to sell them on the same day right??..here is my doubt..

after buying shares..if i am unable to sell them on the same days (internet down etc)..then will they be sold automatically at the market price at the day end or will they get wasted????

thanks
deepak:)
 
#2
bcdeepak,

All margin / margin plus positions will be squared off the same day by 3 pm - so in case you are not able to square off yourself - ICICI direct will do the same any time between 3 - 3.15 pm the same day.
Hope this helps
 

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