Hello ,,
I have an account in zerodha . I am very happy with the service and brokerage charges .
But I made a huge mistake this week: I bought GLODYNE scrip 2 days ago when it was down in lower circuit ( Yes thats the scrip which was banned in securites trading and 5% LC limit was imposed)
From past 2 days i am trying to sell this but there are no buyers at all
I am ready to face loss of -10 to - 15% but there are no buyers at all
TotalBuyQty is showing as 0 in the market watch
and the total sellers are huge ,,,
Everyday its hitting the LC.
I tried to place AMO order also, getting error till 7 Pm(Getting "Admin has stopped AMO" error) after 7 PM , it allowed me to use AMO market order but still it was not executed today,,
But volume is showing as 17366 in market watch ,, Does that mean 17366 shares were sold ,,? if yes then how come my order was not honoured even though it was market order
Please advice me to get rid of this scrip with acceptable loss,, The way its going i am afraid it will be delisted or it will go to single digit value
Please let me know when exactly to place AMO order or any other type of order so that my order queue will be in top and when there are buyers i will get a chance to immediately load off this burden
And when i called your office , a representative told me that once a scrip enters LC , it will behave differently with respect to sell order and AMO orders ,, can you please explain what happens in this case