Zerodha Part 2

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megapixel

Well-Known Member
Zerodha

I bought a NRML overnight Option position and carrying few days.

I have sold it in MIS mode today ...will it be considered as square off the earlier position ?
 

Zerodha

Well-Known Member
He and me is asking to move the sl (trail) manually towards the target once in profit, like upto break even and lock profits thereafter, giving the trade a chance to give us more profits.
Understand what you and Sumit are saying, presently you will be able to modify the SL trigger only in the range that is specified to you while placing the order. This is how cover order as a product is designed presently for which NSE has given approvals... We are working, but can't really commit time on this..
 

Zerodha

Well-Known Member
Zerodha
A few questions
1 How long I can hold the shares that I buy(or sell in case of futures)using the margin by pledging shares in my DP?
2.Do you charge any interest on the amount or any other charges ?
Once you have pledged, you can use the margins for as long as you want and no interest will be charged on the margin you get..

There is no interest charge but around Rs120/scrip cost for pledge and unpledge together..
 

Zerodha

Well-Known Member
Zerodha

I bought a NRML overnight Option position and carrying few days.

I have sold it in MIS mode today ...will it be considered as square off the earlier position ?
It won't be considered as square off of overnight, it will be considered as a fresh intrday position and will be squared off by 3.20..

If you intend to square this off, convert it into NRML..
 
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