General Trading Chat

[vivektrader]

A boy asked his bitcoin-investing dad for 1 bitcoin for his birthday.

Dad: What? $15,554??? $14,354 is a lot of money! What do you need $16,782 for anyway?

Vivek

 

[cinderblock]

Stage set for a ATH closing if not an ATH today.

 

[cinderblock]

ATH closing is here

Aaj to Patake. Aaj to Party

Everyone is welcome at the NSE today.

Bears bhi aana aur bina khaye nahi jaana

 

[phoenixbird]

If I sell a stock in CNC but I buy back by end of day, am i subject to penalty due to short delivery?

Thanks

 

[vivektrader]

If I sell a stock in CNC but I buy back by end of day, am i subject to penalty due to short delivery?

Thanks

Deleted (Wrong information)

 

[Smart_trade]

If I sell a stock in CNC but I buy back by end of day, am i subject to penalty due to short delivery?

Thanks

Yes,CNC is a segment where squaring off ( even intraday square off ) is not allowed. So whatever quantity you have sold has to be compulsorily delivered and all your buy trades will result in compulsory delivery with a proper pay in.The shares sold if not delivered, will get auctioned with penalty as it will be considered short delivery.

Smart_trade

 

[vivektrader]

There is again talk of LTCGT review in equity.
https://www.google.co.in/amp/www.fi...uity-investments-says-report-4277145.html/amp

Vivek

 

[timepass]

What exactly is form 16 for Income Tax returns ??

From what I remember, Form 16 was needed at the Bank for opening an account if you didn't have a PAN.

 

[candle]

What exactly is form 16 for Income Tax returns ??

From what I remember, Form 16 was needed at the Bank for opening an account if you didn't have a PAN.

Form 16 contains the details of your earnings from salary and TDS deducted by your employer.

 

[vagar11]

If I sell a stock in CNC but I buy back by end of day, am i subject to penalty due to short delivery?

Thanks

In CNC mode, you can't sell any extra qty that you don't own. So, there is no issue of short delivery there.
In MIS mode, if you sell most of the brokers will cover the position for you by 3:15. But, in case a lower circuit happens and no one is buying, you will end up paying penalty.