Hi ,
In CNC i bought 20k shares of jpassoc @ 10.60 on 15th Dec.
On 16th Dec my trade was as follows
10.70(S) - Assuming that square off of my yesterday position.
10.85(B) - 10.90(S)
10.90(B)-10.95(S)
10.90(B)-11(S) and ended the day with
11.30(B)
All trades are done in CNC only of 20 k qty
But for my surprise the P&L shows profit of -8000 , which is otherway around what i had been thinking while doing trading.
I was informed that the systems took all trades as intra day on 16th.
The holdings on 17th Dec remained same 20k @ 10.60
Even though i used CNC on my first trade 10.70 (S) on 16th why it is not associated with 10.60 (B) on previous day?
In this case , Please advice me what could have been done to avoid this scenario.
Thanks
Srikanth