Short Selling - Doubt

#1
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)
 

anayash

Well-Known Member
#2
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)

Why do you feel the need to trade in such stocks? There are so many good tradable scrips around!
 

umeshmandal

Well-Known Member
#4

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