Can we buy shares if it hits upper circuit?

There is No way You can buy stock which is trading in Upper circuit. The only way you can buy the stock is AMO (After market order). AMO is placed after market. But the only problem with AMO is you will be getting shares in your account at market price, means as soon as market opens the stock will in your demat!

What happens if I dont sell MIS shares?

In situation 1 if you sold your share in same day it will be automaticaly consider as intraday trading and charges will be according to i.e intraday charges. And in situation 2 if you didn’t sold your share it will be automatically sold off at 3:00 pm on market price.

What will happen to MIS order?

Margin Intraday Square up (MIS) – As the name suggests, MIS orders are intraday orders and needs to be squared off during the same trading day. If the order is not squared off by the user or converted into other order types, the RMS system shall automatically square off the order a few minutes before the market close.

What happens if I sell a stock for intraday but it hits the upper circuit?

If you have an open sell intraday position & stock hits upper circuit. If a stock hits upper circuit price, you will have only buyers and no sellers. So you will not be able to buy back the stock sold for intraday. So this intraday trade will end up converting to a delivery trade.

How do I cancel a trading margin?

1. How to Cancel Margin Trading Facility Order?
2. Go to Reports and click on Orders to check order status.
3. Right click on order and click on Cancel option.
4. click on Cancel Buy Order.
5. An order confirmation window will appear giving the information of the order.
6. A reference number will be displayed as shown.

What happens if I short a stock for intraday but later on there are no sellers to buy back?

If you short a particular scrip, then you are obliged to return such quantity of shares which you are short with in prescribed time I.e T+2 days. On settlement day you have to give delivery if you fail to do so,then you are at default. Such stocks will go for auction and we know the price war in auction sale.

What happens if a stock hits lower circuit in intraday?

If you have an open buy intraday position & stock hits lower circuit If a stock hits the lower circuit, you will have only sellers and no buyers. So you will not be able to sell the shares you had bought for intraday. This will again get converted to a delivery trade.

What does it mean when a stock has a low circuit?

This Circuit may not release in same day, depends on demand on this stock circuit will release and come into normal trade. If there is negative rumor in particular Stock then people like to sell more and more which results to low circuit. It means one can buy but not able to sell because buyers will not be available.

What are the risks of Mis/co trading?

But every time you trade using MIS/CO, other than the risk of losing money due to leverage, you carry an added risk of not being able to square off your positions due to the stock hitting either upper or lower circuit. You can end up with a potentially large overnight and auction risk on positions taken with leverage.

Why is my order not getting executed even though successfully placed?

Why is my order not getting executed even though its been placed successfully? In certain situations, where there is extremely bad news regarding the company, the stock prices drop rapidly. Due to this, the stock hits lower circuit limits continuously on a daily basis and no new people come in to buy these shares.