swagat86 said:
im sorry vince i didnt get u. In icicidirect.com u can go long and short simultaneouly. which iv done before.
If it is the same month's contract, your position would have got squared off with realized profits/losses (and ofcourse brokerage charges).
And, if the buy and sell prices of the contract are the same, one will be in a net loss exactly equivalent to the amount of brokerage (+service tax on it) paid with no position being carried overnight home - what would be the rationale such a trade in the first place? One can simply avoid both the trades, right?
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