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| Discuss pls help intraday at the Day Trading Stocks within the Traderji.com - Discussion forum for Stocks Commodities & Forex; hi, iam a beginner in trading.i like to do intrday than delivery.april 10th ... |
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#1
16th April 2008, 06:16 PM
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pls help intraday
hi,
iam a beginner in trading.i like to do intrday than delivery.april 10th i sold some shares.due to technical problem i can't able to buy those shares. some friends told me that auction sale will be done.what does it means?till now in my account no change that is it shows only sell.when i can see that those shares were bought?help me guys 
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#3
29th April 2008, 04:44 AM
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Re: pls help intraday
since you sold it on 16th auction would have been done by now....you will be charged auction fees (small %) and shares will be debited from your DP.
Dont worry much about it now....ask your broker for further details.
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#4
29th April 2008, 07:08 AM
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Re: pls help intraday
Quote:
The shres he sold but did not or could not delier would be Bought on his behalf by auction. As his post is of 16th April by now the shares have duly been bought and his account debited for the amount. When he sold the shares say at Rs.5000.00 he got a credit of the same in his account. Now the shares are bought on his behalf say at Rs.6000/- the difference of (-)Rs.1000.00 would be the Net effect in his account.
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