@nithin buy today sell tomorrow is the concept which we all do , i just simply wanna ask , if my margin is gonna block for 2 days then how i can do BTST, as we small traders have limited amount of margin or cash with us …
New sebi rules sucks ,
Hope zerodha team will find a way to keep trading working as it was …smoothly .
Restriction wasn’t put on when you can sell your holdings, things remain same as they are now. Restriction was only put on when one can use the funds freed from sale of holdings, even that has been reverted.
In latest circular they have again allowed to use proceeds from sale of holdings on same day after blocking 20%, which you can use only after T+2 days.
Things will continue as they were before until September 1st, when these changes come into effect.
But the shares will reflect in my account after T+2 days right? Suppose i buy reliance shares on August 4 so they will reflect in my account the very same day just like it is happening till now? I buy reliance at 2000 and keep stop at 198. So if reliance falls to 1980 on August 5, will i be able to square off the position?(in cash segment). As I was able to do this until now. Please help.
@nithin I read on varsity that one should not sell a holding before it comes in your demat account because technically it is like selling something that you don’t own or posess yet. Is there a change in that concept or I’ve misunderstood or that is an ideal thing to do, but not adhered to by traders.
BTST carries the risk of short delivery, So not selling a stock until it is credited to your Demat account is ideal thing to do but as you said it is not adhered by traders.
I have a simple question
lets say l have reliance industry’s 30 shares as a holding, I sold 15 shares after 5 days and paysbdp charge about 15 rs
and after 5 days I sold remaining 15 …
do I have to pay dp changes on latter too