What if I sell shares without buying in intraday?

Be cautious when you are selling short intraday (selling without delivery). If you sell the shares and do not square it off intraday, then it will result in short delivery and go into exchange auction. Such auction can result in huge losses to you. When you are trading intraday, always stick to liquid stocks.

Can I buy and sell stock on same day without intraday?

Note 1 — Shares bought and sold the same day will be considered as Intraday trades irrespective of the trades being placed in CNC or MIS product types. Intraday trades should not mix with delivery transactions, which are considered for capital gains.

Can we sell delivery order in intraday?

Yes, You can sell delivery shares on the same day without any issues in the stock market. However, Your trade will be considered as an Intraday instead of delivery Regardless of whether the trade is placed in CNC or MIS order type.

Can we short sell in delivery in Zerodha?

No, you cannot short sell using the CNC product code in Zerodha unless you hold the shares in your Demat account. CNC refers to Cash and Carry used for Equity delivery-based trading. Zerodha does not offer STBT (Sell Today Buy Tomorrow).

What happens if you sell a stock you don’t own?

If you sell a stock you don’t own, it’s called a short sale. You borrowed the shares from an owner of the stock and eventually would buy to close.

What is a trigger order in Zerodha?

At Zerodha we have two types of trigger orders: Good till triggered (GTT) orders – validity up to 1 year. Stoploss orders which can be used as trigger orders – valid only for the day. So instead of using a limit order, you could place a GTT (or SL) order to buy the stock at a limit of 190 or at market price with a trigger of 190.

How to do offline intraday trading in Zerodha?

The one who has the Zerodha account can opt for this offline intraday trading method. For this, a particular trader needs to call at the Zerodha with the registered mobile number with Zerodha. Then he can make a request for the trade desk and can place the trade using the mobile number which was previously known as the Zerodha ZPin.

What is the difference between MIS and Bobo in Zerodha?

BO order helps to get more leverage than the MIS Order. Bo orders need to be squared off by the end of the day at around 3:20 PM. For all the equity and futures and options, it need to square off the positions at 4:30 PM for the Zerodha Currency Trading. VIII. Cover Order CO is for the Cover Order.

What is the range for leverage in Zerodha trading?

The range for the leverage is given between 3 to 14 times that is according to the risk and the volatility of the stocks. If one does not square off its positions, then the Zerodha square off the positions automatically at 3:20 PM. II. CNC CNC states for Cash and Carry.