Suppose I have 3 stocks of XYZ in T1 and 3 stocks in Quantity. If I sell 3 stocks which one will be sold T1 or Quanity?

General
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Suppose I have 3 stocks of XYZ in T1 and 3 stocks of same XYZ in Quantity. If I sell 3 stocks which one will be sold T1 or Quanity?

Mainly asking because of DP charges.

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Stocks which are in demat will go first and later preference is given to quantity in T1 holding. So DP charges are applicable in this case.

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But How this thing matters apart from curiosity ? Any ways it works in Queue Concept : First come first out.

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Informative. Thanks

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Well, FIFO doesn;t always works. Say, I have bought a stock with x quantiy 10 days back which are in my demat account now. Now, today I buy again y quantity of the same stock in CNC mode. After, some time if I sell by your FIFO logic, y quantity will be deducted from demat account but that’s not the case.

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hi. Good one.
But if you are buying and selling on same day with tag CNC also it will be considered as intraday trade only.
Please reffer below Q…
http://tradingqna.com/36391/deliverd-trading

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Can’t stock shown as t1 be sold first.
This is because of change in average price of holdings sold . For example o have 100 shares at price of 100 and after a month I buy 50 at 110 and sell them at 105 next day as a short term trade . But I want to see my holdings invested value and it’s return as it was before taking of other trade.

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It is very much possible if you have non POA based demat account . you never have to give delivery of shares as your purchase of 50 shares and sell next day will be adjusted automatically ( usual risk as in all BTST trade ) hence no demat charges will be levied too.
but in POA based demat account as guided by @siva , first preference will be given to take out sold shares from demat so your purpose get defeated also has to bear dp charges.

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[quote=“sabkaview, post:8, topic:5971”]
It is very much possible if you have non POA based demat account . you never have to give delivery of shares as your purchase of 50 shares and sell next day will be adjusted automatically ( usual risk as in all BTST trade ) hence no demat charges will be levied too.
[/quote] @Prakhar_Agrawal

If it is POA based or not it has to do with method broker follows to account it, we follow FIFO method, so first in and first out.

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ok got it means not all broker follow Fifo . it is broker specific . thanks for this information .