Purchase With CNC and MIS

1>I purchase a stock using “CNC” type today, The position is shown as T1 the next day then if i want to sell that same stock which I purchased yesterday should I sell it with type “CNC” or “MIS”?

2>suppose i buy a stock with type “MIS” at 3.25P.M if i dont sell it the same day ,Will it be considered CNC(delivery)?

  1. CNC

  2. Yes

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Will zerodha platform allow me to place an order at 3.25P.M with “MIS” or will it reject automatically?

Not sure never tried, better dont why do u want to take unwanted risk

Hi @suri,

The order would reject saying “Autosquare off block”