You can do intraday trading in UPSTOX by using the “MIS” order type. Intraday trading means buying and selling on the same day. If you take any intraday position in Upstox, you have to square it off before the cut-off time, or else Upstox will square it off automatically and will charge an auto square-off charge of Rs 50 +18% GST.
To avoid these charges, you can auto-square off your positions before 3 P.M for equity and futures, and options positions. For currency, the auto square-off time is 4.30P.M, and for commodity, it is 10 P.M.
For more details please visit : Upstox Intraday1
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