is there any risk if i do BT/ST For Rcom share? is RCOM share included in BT/ST list? is there any risk in doing BT/ST For RCOM ? i want to do BT/ST For my RCOM shares but i’m scared that ill be charged any penalty or something. As i’m new i don’t know much, can someone please help ? I Want to do BT/ST but im scared.
There is no penalty i have done BTST in RCOM many times
But in RCOM you should do BTST on a day when it jumps very high
Like 2-3 days ago when it closed 70% up, then I did BTST coz i was sure next morning i will get 20% more
And I got 20% profit within 5 minutes from market opening
So better wait for next RCOM boom and do BTST that day
thank you so much! btw i have one more doubt if ill do BT/ST, Will money show in my account at the end of the day after selling the stock?
It will show in your Margins that day, but you can withdraw it after T+2 days
Not 100% sure on this, it should be like this though
Can any one explain how btst is done on zerodha
BTST is nothing new
It means Buy today Sell tomorrow
If some stock is showing good momentum today, i expect it to open gap up tomorrow
So I will buy it lets say today 3 PM, then next morning lets say it opens 5-10% up, i will sell it before 9:30 AM next morning
Its simple buy and sell trade only