How Can We Help You?
How Can We Help Today?
Search for answers or explore topics below
What will happen to my intraday (MIS/CO) position in case the stock circuit limits are hit?
Your Intraday MIS position may not get squared off on the same day if the scrip hits circuit limits. In such cases it automatically transforms into a Delivery or Normal position.
In case of cash markets if you have a buy trade pending it will result in delivery of the shares. If your have sell trade pending it will result in short delivery and result in auction of the position in addition to penalty and difference payment.
In case of F & O markets the un-squared off positions will get carried forward to the next trading day.
In such cases, it becomes the client's responsibility to close the position. Tradejini holds the right to square off such positions later at its discretion, even without issuing a margin call, if the necessary balance isn't present in the Tradejini account.
Still feeling stuck?
Try searching for an answer first. If you still need help, create a ticket, and we'll get back to you soon.
