If your MIS positions are in loss, and you expect shares prices to increase next day, you can convert your MIS (intraday positions) to CNC (delivery trades).
- Log in to Kite.
- Navigate Positions
- On the 3 dots, click on convert
- Enter quantity (number of shares), you want to convert.
- Click on Convert.
Things to Remember:
- You must have sufficient margins available in your trading account for positions conversion.
- You can only convert MIS buy positions to CNC orders. You cannot convert MIS sell orders (short-sell positions) to CNC as you don’t have them.
- You can convert MIS to CNC orders or CNC to MIS orders.
