Delivery:
The Delivery option is suitable for users aiming to buy stocks and hold them for a longer period, typically more than a day.
For delivery-based Equity trades:
- To buy stocks for CNC or for Delivery, 100% of the money is required. Sufficient funds should be available in your Upstox account.
- To sell stocks as CNC, stocks need to be available in your holdings.
For delivery-based F&O trades:
- Exchange-stipulated margins (Span + Exposure) are required to take positions as Delivery. Positions can be held until expiry, provided the required margins are maintained.
Intraday:
The Intraday option is for users who want to buy/sell stocks on the same day.
For Intraday trades in Equity and F&O:
- Intraday trades offer additional leverage/margin. All Intraday positions are auto-squared 15 to 30 minutes before the markets close or when losses exceed 50% of the margin (auto square-off rule can vary based on market conditions).
- To learn more about available margins click here.
The link provides details related to - autosquare off.