Suru,
Your Query I Explained In Detail Inspite Of Not Getting Full Information From Your End
What I Didn't Get From You:
a) What Was The Total Quatity Of ABAN You Had Bought
b) All You Mentioned Was Your Broker Informed You That 20 Shares Was Delivered Short
c) You Never Mentioned What Was The Total Quantity You Sold On Friday
I Explained To You The Procedures Including Links From NSE Website
Inspite Of All This You Keep Coming Back My Broker Wrote This & That
Your Broker Is Making An Idiot Out Of You
You Need Proper Information You Take Your Contract Note & Go To The Grievance Cell Of NSE.
CLOSEOUT - Means When You Are The Beneficiary Of Short Delivery ( In Simple Terms It Means Even If The Stock Price Goes Down You Will Still Have Benefit Of 20% From Your BUY Price.
AUCTION - Means You Failed To Deliver The Shares As Per The Settlement, Therefore You Will Loose Atleast 20%
I Hope I Have Made Things Crystal Clear.
I Do Not Want To Read Anymore On This Topic.
SavantGarde
Your Query I Explained In Detail Inspite Of Not Getting Full Information From Your End
What I Didn't Get From You:
a) What Was The Total Quatity Of ABAN You Had Bought
b) All You Mentioned Was Your Broker Informed You That 20 Shares Was Delivered Short
c) You Never Mentioned What Was The Total Quantity You Sold On Friday
I Explained To You The Procedures Including Links From NSE Website
Inspite Of All This You Keep Coming Back My Broker Wrote This & That
Your Broker Is Making An Idiot Out Of You
You Need Proper Information You Take Your Contract Note & Go To The Grievance Cell Of NSE.
CLOSEOUT - Means When You Are The Beneficiary Of Short Delivery ( In Simple Terms It Means Even If The Stock Price Goes Down You Will Still Have Benefit Of 20% From Your BUY Price.
AUCTION - Means You Failed To Deliver The Shares As Per The Settlement, Therefore You Will Loose Atleast 20%
I Hope I Have Made Things Crystal Clear.
I Do Not Want To Read Anymore On This Topic.
SavantGarde