Intraday buy and sell positions

[vaibhavi_Shah]

Varun Shah: I have 4 doubts

1 when we take intraday buy position what is the backend process if someone has sold delivery based

2 when i take intraday buy position what is the backwnd process when has sold on intraday basis(short sell)

Varun Shah: 3 when i sell on intraday (short sell) what is the backend process if someone has bought on intraday basis

4 when i sell on intraday (short sell) what is the backend process if someone has bought on delivery basis

[nithin]

@vaibhavi_Shah

1 when we take intraday buy position what is the backend process if someone has sold delivery based

2 when i take intraday buy position what is the backwnd process when has sold on intraday basis(short sell)

Varun Shah: 3 when i sell on intraday (short sell) what is the backend process if someone has bought on intraday basis

4 when i sell on intraday (short sell) what is the backend process if someone has bought on delivery basis

1. If you select product type as MIS and buy for intraday and you sell shares using product type as CNC, they don’t net off each other. At 3.20pm we buy back the intraday position of yours. The CNC sell trade remains and your holding reduces after market close from your demat.

2. If you buy using MIS product type for intraday and you sell using product type as MIS, they netoff each other.

Similarly for your other two questions.