Sell order in cnc

why i cant hold my sell order for long or place a sell order in cnc?
it allow buy for cnc but why not for sell in cnc, for ea i am long term trader i always watch out down or peak of market to trade, it allows me to buy at bottom then why not sell at top?

EQ settlement should happen in t+2. If short selling is allowed overnight, settlement cycle will be affected. Result in short delivery. Probably this would be the reason.

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