Clarification required - Buy and Short sell

[Ramesh_Sundar]

Good afternoon Team,

I’m a beginner in stock trading .
Need help is understanding Zerodha as well as in intraday short selling strategies

Example :
I buy 1000 shares @ is Rs.100 each . For some reason I forget to sell . it gets squared off @3:20 with brokerage charges.
If like to sell the same shares the next consecutive days what happens.

Similarly if I short sell same way with same no’s and same rates .
If don’t buy back the shares what happens.

[ShubhS9]

@Ramesh_Sundar

If like to sell the same shares the next consecutive days what happens

If you want to Buy shares today and sell tomorrow or another day you need to use CNC order type.

@Ramesh_Sundar

Similarly if I short sell same way with same no’s and same rates .
If don’t buy back the shares what happens.

Short Sell is possible with MIS order type only so your position will be squared-off after 3;20, for that you will be charged Brokerage + extra 50 (+GST) for auto square-off.