Why was my Intraday Position not squared off?
- Your Intraday position might not have been squared off due to the stock hitting the upper or lower circuit in that particular trading session
- In case you have bought the stock & it has hit lower circuit your shares will be sold on the next day.
- In case you have short sold the stock & it has hit upper circuit the shares will be auctioned.
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Why was my position squared off?
Your position could have been squared off for a number of reasons such as Intraday trades will auto squared off at 3:15 pm for the Cash segment & 3:20 for the F&O segment. Intraday trades will be squared off if you lose 80% of your Available Margin. ...
Why was my Intraday Position not squared off?
Your buy/sell position might not been squared off due to upper/lower circuit in that stock. In case you have bought the stock & the share is in lower circuit your shares will be sold on the next day. In case you have short sold the share & there is ...
How can I convert my intraday position into delivery?
To convert an Intraday position to Delivery: Go to the 'Positions' window in the Portfolio tab. Click on the Open Position and then on 'Convert '. Note that all intraday positions are the auto squared-off at 3:15 PM if they are not closed by the ...
What is Intraday Order?
Intraday orders means buying and selling stocks on the same trading day. Share prices keep fluctuating throughout the day, and intraday traders try to draw profits from these price movements by buying and selling shares during the same trading day. ...
Can IIFL square off If I have any position in equity and scrip moving towards upper freeze or lower freeze ?
Yes. Reason for doing square off of short position is to avoid short delivery in the exchange and to avoid auction penalty. IIFL tries to square off short positions of non derivative scrips before price on the upper side. There might be chances that ...