What happens if you sell CNC order same day?

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What happens if you sell CNC order same day?

CNC code does not restrict you from selling the stock the same day if desired. But the sell quantity cannot be more than the buy quantity. There is no penalty if you sell the shares on the same day.

Can I sell CNC order same day in Zerodha?

Yes, CNC can be sold on the same day in Zerodha. Here is the list of charges that apply depending upon when you sold CNC: CNC (delivery) same day: Intraday brokerage charges. CNC (delivery) next day: Intraday brokerage charges.

Can I buy and sell the same shares on the same day?

However, the stock market is fluid, allowing investors to buy and sell a stock on the same day or even within the same hour or minute. Buying and selling a stock the same day is called day trading.

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Can I sell CNC order in Intraday?

Yes you can use CNC (Cash n Carry) for intraday trading. If you are using CNC order for intraday trading then you will have to exit your position before 3:30 PM.

How do I sell CNC shares?

Enter the number of shares that you want to sell in the QTY section. Also, select the order type as CNC and not MIS. If you want to sell your shares at the desired price then select the “Limit” price and enter your desired price in the box below.

Does Zerodha provide BTST?

Yes, Zerodha allows BTST (Buy Today Sell Tomorrow) orders. It is a facility wherein you can buy a stock today and sell it tomorrow (before you get the delivery of the shares).

How do I sell my CNC order?

It is used for buying or selling shares for delivery. The shares purchased using the CNC option would be transferred to your demat account after T + 2 days and shares sold using the CNC option would be transferred from your demat account to fulfil your sale obligations with the exchanges.

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Can CNC sell Place Order?

No, you cannot short sell using the CNC product code in Zerodha unless you hold the shares in your Demat account. CNC refers to Cash and Carry used for Equity delivery-based trading. Thus, if you place a sell order in Zerodha using CNC code without holding the shares in your Demat account, the order gets rejected.

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