Can I convert Intraday to CNC?

Can I convert Intraday to CNC?

Yes, You can convert your Intraday Position to CNC as per your requirement.


The procedure to convert is as below:
  1. The below image under Dashboard shows that the position is in Intraday. You’ll find a scroll bar at the bottom of the page. Scroll it to the right.



  1. You’ll be able to see an option of ‘Convert’, click on it.


  1. You’ll get a pop-up with details; click on Submit after going through the same.

  1. Your position will be converted successfully with the below message:


Note: 


  1. You need to have sufficient margins to convert Intraday to CNC/Margin position.

  2. The Procedure is similar for converting an F&O position from Intraday to Margin.

  3. CO/BO cannot be converted to CNC/Margin as they’re by default Intraday Orders.


    • Related Articles

    • Can I carry forward Intraday Futures positions?

      Yes, you can carry forward the Intraday futures position to overnight carry forward position simply by clicking on "Convert" option under 'Positions' Tab in the Dashboard and there is no additional margin required as the intraday margin is same as ...
    • What will happen if my Intraday F&O positions are not squared off by EOD?

      Your intraday positions will be auto squared off by our RMS after reaching a threshold time to do so. For Equity, F&O, Currency and commodities segment the intraday square off will commence 15 minutes before the market closes. However, it is ...
    • Do I get additional leverage for Intraday Futures positions?

      Earlier, brokerages were allowed to provide additional margins to clients to take intraday futures positions with lesser margins than the carry forward futures transactions. However, with the implementation of peak margin, such facilities were ...
    • What will happen if my intraday equity short position is not squared off by EOD?

      In case your Intraday Equity short position is not squared off due to the absence of buyers or failed due to any reasons. This will be considered as short delivery, which means the seller of the shares has defaulted on the settlement of shares hence ...
    • How to calculate the Average cost in intraday trading?

      Average cost arises when you trade in the same scrip multiple times. It is the cost that helps you determine the overall average price of the Buy and Sell on trading multiple times in a particular scrip. Let's take an example; you had bought a share ...