What is Short Delivery?

The Settlement for Equity Delivery (payin of shares to the exchange) takes place on T+2 basis. It means the shares bought on “T” or Trading day (e.g. Monday) are to be received by the Buyer on T+2 day (i.e. Wednesday). Similarly the shares sold on “T” (e.g. Monday) are to be delivered to the exchange […]

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What happens in case of Short Delivery?

In our another article What can cause a Short Delivery? there has been a Short Delivery of 100 shares. When you sold those shares (Tuesday) there was someone on the other side who bought those shares. Because of short delivery he won’t get the shares. So the exchange will purchase them in a buy-in auction market […]

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What can cause a Short Delivery?

Let us take a look at a few scenarios with an example. Scenario 1: Stock hits an upper circuit You have short sold 100 shares of ACC in intraday (Product code MIS) expecting the price of ACC to come down during the trading day and make a profit. However during the day news broke out […]

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What is Short Selling of shares?

Short selling means sale of shares that are not owned by the seller. Traders indulge in short selling in the belief that the stock’s price will decline, enabling it to be bought back at a lower price to make a profit. See also: What is Short Delivery? What can cause a Short Delivery? What happens […]

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What is a Cover Order?

Cover order is a special type of intraday order which allows trading with higher exposure (limit). In cover order, buy/sell order is automatically placed along with a stop-loss order in a single click. This can save a lot of time which is spent placing separate orders. Since a stop-loss order is placed simultaneously while getting […]

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What are the benefits of a Cover Order?

Below are the primary benefits of cover orders for intraday traders: Discipline: Putting a stop loss while trading intraday is very important. However, most traders usually keep a SL in mind rather than on the system. Even if we put a SL order, we most likely cancel it rather than letting it get triggered.While placing […]

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