call auction category stocks

[TRADERbest]

What does this mean when trying to place an order in stocks in call auction category.Does this mean i cannot buy and sell the same day?

 

[hem9880888233]

call auction process is different from regular trading.
https://forum.5paisa.com/portal/en/kb/articles/what-is-periodic-call-auction

 

[TRADERbest]

call auction process is different from regular trading.
https://forum.5paisa.com/portal/en/kb/articles/what-is-periodic-call-auction

Could you please explain this:-
“In the event where maximum of buy price entered by a client (on PAN basis) is equal to or higher than the minimum sell price entered by that client and if the same results into trades, a penalty shall be imposed on such trades”

What does this exactly mean ?You cannot buy and sell the same day?

 

[Elektra-Greene]

Could you please explain this:-
“In the event where maximum of buy price entered by a client (on PAN basis) is equal to or higher than the minimum sell price entered by that client and if the same results into trades, a penalty shall be imposed on such trades”

What does this exactly mean ?You cannot buy and sell the same day?

A "call auction" in the forex market is when all the currency pairs come together for a sophisticated round of bids and offers. It's like a classy auction house, where traders elegantly submit their buy and sell orders before the action begins.

During a call auction in forex, all the players gather 'round and announce their intentions. Then, a magical moment occurs when the highest bid and the lowest offer agree to hold hands and become the new exchange rate. It's like love at first sight, but with currency pairs.

 

[hem9880888233]

Could you please explain this:-
“In the event where maximum of buy price entered by a client (on PAN basis) is equal to or higher than the minimum sell price entered by that client and if the same results into trades, a penalty shall be imposed on such trades”

What does this exactly mean ?You cannot buy and sell the same day?

You cannot buy & sell on the same day.

 

[TRADERbest]

A "call auction" in the forex market is when all the currency pairs come together for a sophisticated round of bids and offers. It's like a classy auction house, where traders elegantly submit their buy and sell orders before the action begins.

During a call auction in forex, all the players gather 'round and announce their intentions. Then, a magical moment occurs when the highest bid and the lowest offer agree to hold hands and become the new exchange rate. It's like love at first sight, but with currency pairs.

Thanks i do know what a call auction is..i just want to know when the penalty is charged when doing trades as per PAN basis as mentioned above..

 

[TRADERbest]

You cannot buy & sell on the same day.

Are you sure it means that? Why would they not mention intraday is not allowed straight away. I have asked this query in 3 different forums and two different brokers not one person has given me a confident answer.

 

[hem9880888233]

try it and find out

 

[TRADERbest]

try it and find out

And pay 5000 bucks fine!.If you don't know just say so...