Dear All,
I know there are several threads here regarding Short Selling and Auction process.
What I want to know is this...
Today, I sold a scrip in BSE. I do not have delivery of the scrip. So basically, I have gone short on the scrip. It will go for auction that is for sure.
I want to know, what can I do to make sure that I make the least loss because of the auction on this scrip.
P.S.: The possibility for this scrip to go for MARKET AUCTION are very high.
Any help would be appreciated. I stand to lose a maximum of Rs. 34000 on this scrip because of the auction.
Thank You in Advance...
I know there are several threads here regarding Short Selling and Auction process.
What I want to know is this...
Today, I sold a scrip in BSE. I do not have delivery of the scrip. So basically, I have gone short on the scrip. It will go for auction that is for sure.
I want to know, what can I do to make sure that I make the least loss because of the auction on this scrip.
P.S.: The possibility for this scrip to go for MARKET AUCTION are very high.
Any help would be appreciated. I stand to lose a maximum of Rs. 34000 on this scrip because of the auction.
Thank You in Advance...