Nifty Future 5min Ambush Style-Live

hitesh05

Well-Known Member
friends,
i bought 40 hdil yesterday in cash market.but by mistake sold 60.now my broker says i cant square off.it will go to aunction.what does this mean.and how much loss will i have to face.pls explain.this has happened to me for first time .worried.
what are rules for auction.how my buy price will be calculated.
Revati,

Nothing to worry.....it happened with me many times....those 20 shares will go to auction market after 2 days and will be trade acc to that day's market rate so u have to bear the difference money if sold on loss and if it will make profit then u will get back only ur purchase rate.Till that ur 150 % margin on that sold amount will be blocked.