Is it first buy first sell practice in Zerodha?

Zerodha Zerodha platforms
1

Hi All,
i have zerodha account.
i bought shares of one company multiple times , say every week 100 shares at price different price as below:

date Share Quantity buyPrice buyVal Total
10/10/2017 100 90 9000 9000
17/10/2017 100 100 10000 19000
23/10/2017 100 110 11000 30000
30/10/2017 100 120 12000 42000
now Buy Avg is 105 ( 42000/400) .

now if i have to sell 100 shares on 10th Nov, will the shares of 10th October be sold 1st, as per 1st buy 1st sell basis?
or will it be sold based on avg price? i know in icicidirect , its 1st buy 1st sell.
but not sure on zerodha.
please help .

Regards
Nagaraj

2

FIFO is followed ( First in first out)

1 Like
4

correct, in you first selling share bought first in your case bought @90 will exit

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5

Dear Nagaraj

Pls call me in person
I can explain

Suresh Ramaiah
9886746194