Dear All,
I am new to Traderji.I just joined today only.I have already invested in Indian Stocks; sometimes involve in Intraday traading as well.
I have demat/trading account with both ICICI driect and Zerodha.It seems that I may travel to Australia for a long term(probably a year) after a month or so. If I travel to Australia ,then I will become an NRI.
I have read in NSE FAQ that I can not do intraday(in cash segment) and I will be allowed to take positions(Long/Short) in F&O.
My questions is this: As an NRI , will I be allowed to square off my position within the same trading tay? .I mean, I dont want to carry overnight positions. In otherwords,F&O intraday trading is allowed for NRIs?
Your response will clear my doubts.Thanks in Advance!
I am new to Traderji.I just joined today only.I have already invested in Indian Stocks; sometimes involve in Intraday traading as well.
I have demat/trading account with both ICICI driect and Zerodha.It seems that I may travel to Australia for a long term(probably a year) after a month or so. If I travel to Australia ,then I will become an NRI.
I have read in NSE FAQ that I can not do intraday(in cash segment) and I will be allowed to take positions(Long/Short) in F&O.
My questions is this: As an NRI , will I be allowed to square off my position within the same trading tay? .I mean, I dont want to carry overnight positions. In otherwords,F&O intraday trading is allowed for NRIs?
Your response will clear my doubts.Thanks in Advance!