Can I buy and sell shares of the same company on the same day?

Can I buy and sell shares of the same company on the same day? 1

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Earnmoney.com.np

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It takes many days for the shares to be added to my DMAT account when I buy. So, I was wondering, if I could do the following:

1. Buy 20 shares today.
2. Sell 10 the day it goes up. I still have 10 free shares remaining.
3. Buy 10 if it goes down after a while on the same day. I still only have 10 free shares.
4. Sell the remaining 10 if it goes up again.
5. Buy 10 more if it goes down. And so on.

Basically, am I allowed to juggle my free shares like that? Maybe not the same day but even day by day. I don’t have a lot of money. I am trying to figure out how the share market works, what is allowed and what is not.

View on r/NepalStock by fuckingsignupprompt

Comments

8 responses to “Can I buy and sell shares of the same company on the same day?”

  1. fuckingsignupprompt Avatar
    fuckingsignupprompt

    Thank you, all.

    Reply
  2. _rowsan Avatar
    _rowsan

    Ma tei garthie bro . 3 4 mahina agi .nhpc 240 aye bechne 231 aspas kinney . Ma 1000 kitta garthie

    Reply
  3. User_dead07 Avatar
    User_dead07

    If you already have some qty of the particular company in your portfolio. You can buy that stock and sell the one you have. ( Buying and Selling shares of Same Company on Same day)

    Reply
  4. -HiddenSun- Avatar
    -HiddenSun-

    Don’t forget DP charge Rs 25 and there are other charge so playing with 10 kitta is not good idea.

    Reply
  5. Timus_14 Avatar
    Timus_14

    You cannot sell the shares that aren’t present in your DEMAT account in NEPSE. The ideology that you’re sharing is called intraday trading which is currently in works. Many stock markets around the world already have it in practice so lets hope we get to do the same.

    Reply
  6. Safu1sama Avatar
    Safu1sama

    I think you are touching upon the concept of shorting ( or short selling) which is not yet available in NEPSE. So, no you can’t sell the shares unless it shows in your DEMAT account which usually takes T+3 days.

    Reply
  7. berojgar_keto Avatar
    berojgar_keto

    you can do whatever you want if you have the shares in your demat account

    Reply
  8. FinalSurgeOfDopamine Avatar
    FinalSurgeOfDopamine

    Yes you can, just know that the shares take time to get into your DMAT account generally T+3 days.

    Reply

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