Hi,
If short sold position is not covered when will it go to auction??
For example: If I short sold on Monday, will auction happen on Wednesday or Thursday (no trading holidays in between). Also please give me a rough idea of pricing for the following setup
Short sell on Monday: Stock closed at 543.(upper Circuit)
Tuesday's closing: 588.
Wednesdays Closing: 529, High 604.(Lower Circuit Hit)
thursday's closing: 503, High 503 (lower Circuit hit)
If short sold position is not covered when will it go to auction??
For example: If I short sold on Monday, will auction happen on Wednesday or Thursday (no trading holidays in between). Also please give me a rough idea of pricing for the following setup
Short sell on Monday: Stock closed at 543.(upper Circuit)
Tuesday's closing: 588.
Wednesdays Closing: 529, High 604.(Lower Circuit Hit)
thursday's closing: 503, High 503 (lower Circuit hit)