Buy & Sell Rules in Delivery Based Trading..

Hello,

I have an question related to Delivery based Trading..

Suppose I have 1 share which is buyed on 1st Sept..

Now I want to sell that share on 10th Sept and on same day I again Buy and again Sell that share..

Make it very clear :-

1st Sept:- Buy 1 share..

10th Sept (10:00 am):- Sell that 1 share..

10th Sept (11:00 am):- Again Buy that 1 share..

10th Sept (01:00 pm):- Again Sell that 1 share..

10th Sept (03:30 pm):- Again Buy (??)

So here I want to know that is it compulsory at that stage to Again Buy (??) that 1 share to square-off the position before the end of the Trading session (03:30 pm) on 10th Sept.. ?????

OR

It is OK that buy and sell cycle is end at 01:00 pm.. Further No Square-off is needed.. ?????

I am very very confused here..

Please tell me i brief that what the rules says at that stage ??

Please Reply me anyone as soon as possible..

Thanking You..

Where is the confusion?. You are on a delivery based trading. The position is squared off with the last sale @ 1.00pm.

If you want to hold the share again, for a future sale, then go for a buy before end of trading for the day.

Hi mayavi99,

First of all thanks for your valuable answer and its very very clear and helpful to me..

Now tell me one thing that According to my previous example of Delivery Trading:-

1st Sept:- Buy 1 share..

10th Sept (10:00 am):- Sell that 1 share..

10th Sept (11:00 am):- Again Buy that 1 share..

10th Sept (03:30 pm):- Compulsorily Sell (??)


After 11:00 am, I did not do anything with that share..

So at that stage, I have to Compulsorily Sell (??) that 1 share before the end of the Trading session of 10th Sept.. ?????

OR

At that stage, I can hold that Buyed Share (at 11:00 am) for Future sell.. ??????

Please Reply me at the earliest..

Thanking You..

If your shares are bought under "Intraday transaction", the share has to be sold compulsorily at 3.00 p.m. If the shares are bought under "delivery" option you can not sell on the same day. You have to take delivery of the share and sell at a future date, after the same is credited to your demat account.

Hi rvm123,

Thanks for answering..

But It's just an example..

I want to know that in Delivery Trading, Is it possible or not..... That's it..

1st Sept:- Buy 1 share..

10th Sept (10:00 am):- Sell that 1 share..

10th Sept (11:00 am):- Again Buy that 1 share..

10th Sept (03:30 pm):- Compulsorily Sell (??)


After 11:00 am, I did not do anything with that share..

So at that stage, I have to Compulsorily Sell (??) that 1 share before the end of the Trading session of 10th Sept.. ?????

OR

At that stage, I can hold that Buyed Share (at 11:00 am) for Future sell.. ??????

Kindly anyone reply me as soon as possible..

Thanking You..