4. What happens if I don’t square off my intraday position?
If you do not square off your intraday position, it will be automatically squared off by the system before market closing at 3:15pm.
How it works:
- Any open intraday position is not carried forward to the next day
- If you don’t exit the position manually, the system will auto square off your position
- This is done to prevent positions from turning into delivery unintentionally
- This may entail certain charges, depending on your trading plan.
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