When To Sell CNC Order In Zerodha? (2024)

FAQs

When can I sell my CNC shares? ›

Remember, CNC is just the product type. It does not restrict you from selling the stock on the same day. If a stock is in the open position in CNC type, you can still sell it, but the trade will be considered intraday, and the brokerage will be charged accordingly.

The post-market session or closing session is open from 3:40 PM to 4:00 PM. During this session, people can place buy/sell orders in equity (delivery segment using the CNC product code) at the market price, but do note that even if you place a market order it will be placed on the exchange at the closing price.

One can place and close intraday trade orders from 9.15 am to 3.10 pm on a trading day.

If you failed to square off your positions by 3:20 PM, the trading platform automatically square-off your open positions. This process square-off your open intra-day positions at market price to settle the transition. Zerodha charges an additional Rs 50 fees for all 'Auto Squared' trades.

Shares bought under a CNC order can be sold on the same day. However, the trader has to pay intraday brokerage charges while buying and selling shares but the trader can not use CNC orders for short selling. The trader can sell shares only when the shares are available in the Demat and trading account.

Buy the stock using CNC product type today and sell the same stock tomorrow using CNC to do a BTST(Buy Today Sell Tomorrow) trade at Zerodha.

Orders can be rejected for various reasons, such as insufficient margin, incorrect usage of order type, unavailability of the scrip for trading, stock group changes, and more. The specific reason for rejection is displayed in the order book.

When using CNC to buy and sell a share within the same day, it will still be regarded as an intraday trade, and the brokerage charges will be applied accordingly.

You only receive premium of sold options the next day. So you can't use that to buy options on the same day. As far as selling options, for intraday: all collateral margin is blocked first before cash margin is blocked, so you can use all the cash to buy options if they aren't being blocked.

​The 11 am rule suggests that if a market makes a new intraday high for the day between 11:15 am and 11:30 am EST, then it's said to be very likely that the market will end the day near its high.

What is the 3.30 strategy in trading? ›

The "3.30 strategy" in options trading involves taking positions in the last 30 minutes of the trading day, aiming to profit from potential late-day price movements or volatility in the market.

This rule suggests that a stock's price tends to move in cycles, with the first 3 days after a major event often showing the most significant price change. Then, there's usually a period of around 30 days where the stock's price stabilizes or corrects before potentially starting a new cycle [1].

Zerodha Cons (Disadvantages)

Doesn't provide stock tips, research reports or recommendations. Monthly unlimited trading plans are not available. Lifetime free AMC demat account plans are not available. An additional charge of Rs 50 per executed order for MIS/BO/CO positions which are not square off by the customer.

SUMMARY. Nithin and Nikhil Kamath-led stock broking platform zerodha 's net profit rose 37% to INR 2,908.9 Cr in the financial year 2022-23 (FY23) from INR 2,120.3 Cr in the previous fiscal year as the business continued seeing strong growth.

In most cases, profits should be taken when a stock rises 20% to 25% past a proper buy point. Then there are times to hold out longer, like when a stock jumps more than 20% from a breakout point in three weeks or less. These fast movers should be held for at least eight weeks.

There's no minimum amount of time when an investor needs to hold on to stock. But, investments that are sold at a gain are taxed at a capital gains tax rate. This rate changes, depending on whether the investor held onto the stock for more or less than one year.

Cash and Carry (CNC) is used for delivery-based trading in equity. In delivery-based trading, individuals have the freedom to hold stocks overnight for any desired duration. When using the CNC product type, there is no provision for leverage, and positions will not be automatically squared off.

The time of day when a trade is made can be an important factor to consider. The closest thing to a hard-and-fast rule is that the first hour and last hour of a trading day are the busiest, offering the most opportunities, while the middle of the day tends to be the calmest and most stable period of most trading days.