Selling and buying on the same day

Zerodha
1

Hello,
I had bought 1100 shares of a particular stock a week ago at Rs. 52.5/share. I sold all of them today at Rs. 57.5/share. But then I again bought 3500 shares today at Rs. 57.05/shares.

Now, Zerodha platform is still showing 1100 shares in holdings and 2400 shares in positions.

I am new to trading. Kindly explain.

2

1100 will be debited from your account during EOD settlement and you will see 3500 shares in Holdings tomorrow.

2400 in positions is net quantity of Shares Bought 3500 - Shares Sold 1100 = 2400 for the day.

3

Thanks for the reply.

But will I get the profit of selling 1100 shares (i.e. (57.5-52.5)×1100?

Or will the 1100 shares be squared off as an intraday trade?