dimanche 5 mars 2017

Short position (delivery) not covered

Hi,

2 days back, I shorted Wockhardt and instead of going for the intraday option, I selected delivery option by mistake ( I use IIFL).

Now that there is a short delivery of 50 Wockhardt, what should happen now?

Can I cover this short delivery with a new buy 'delivery' order of 50 shares? Or, should I just leave it as it is and the whole thing will go for auction?

Cheers!
Gaurav


Short position (delivery) not covered

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