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What is square off in 5paisa?

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A square off in 5paisa is an intraday trading practice wherein a buy/sell position is opened on a trading day and is reversed (sell/buy) before the market closes on the same day. This is done to make a profit from the price movement on a day.

If the equity intraday positions are not squared-off by the customer on the same day, 5paisa automatically square-off these orders at 3:15 PM.

 

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