Selling shares at your choice..
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 September 2015
Suppose, I purchased 10 nos of shares of a company @300/-. And after some months again I purchased 10 nos of shares of the same company @230/-.
Now, if the price goes up @260/- today...
Then, can I sell the shares which I purchased later @230/- in order to make profit @30/- per share?
Now, if the price goes up @260/- today...
Then, can I sell the shares which I purchased later @230/- in order to make profit @30/- per share?
Amol S Joglekar
(Expert)
30 September 2015
you can do so for your calculation purpose. The demat account follows FIFO system First in first out.
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