How to Do Square Off by Nuvama?
By utilising MIS (Margin Intraday Square-off), one can conduct intraday trading up to six times as much as available capital. In this trading style, you enter long buy or short sell positions on different securities and close these trades within the same-day settlement period. Moreover, if you do not close your positions, they will be squared off by the Risk Management team at 3 PM. However, to square off, you need to follow certain steps.
Steps to Square Off by Nuvama
| Steps | Description |
| 1 | Log in |
| 2 | Go to ‘Position Book’ |
| 3 | View ‘Netwise Position’ |
| 4 | Click ‘Position Square Off’ |
How Do I Square Off in Nuvama?
To help you square off easily in Nuvama, here are some steps that you can follow:
Step 1: Log in to the Nuvama portal.
Step 2: Go to the ‘Position Book’.
Step 3: Then you need to go to the ‘Daywise or Netwise Position’ section.
Step 4: Click on ‘Square Off.
In this way, you can square off the open positions by following the above-given steps.