I am new to intraday.

I already had Suzlon shares in my account.

I sold Suzlon at 59.55 in morning.

I bought Suzlon at 61.20 in afternoon.

Am I in profit or loss?

Please explain.

I think I understand what you are trying to say. It is something that has occurred to me before.

Suppose you bought 100 shares of suzlon at price 56.00. You took delivery so you got charged for delivery. Then you sold them for 59.55, so your total profit is Rs. 355. But you will get charged for selling the shares from delivery. Then you bought them later at a higher price and took delivery so you get charged for the delivery and get the shares at a higher price than when you bought them earlier.

What I can't understand is why you bought them again at a higher price. Your positions book would surely have shown you a loss?

Correct me if I am wrong, but when you sell shares marking them delivery, they will be the ones you already hold, right? Because I have often sold delivery shares in the morning, and in the afternoon when the prices are down and the positions book shows a profit, I have often thought about buying them back. But I've never done so because they will be charged delivery.

Short-selling from margin is where I earn half my daily profits. If I buy, prices hardly ever go up, at least to a profitable level. But if I sell, I can get much better profits.

I will simplify it for you.

You made a loss in your day trading position. You shorted Suzlon at 59.55 and bought it back at 61.20.

Your day trading loss = (61.20-59.55) X Number of shares traded.

Your broker will debit your account for this loss.

Your delivery position remains as it was earlier.

I don't know whether you are making a loss or profit in your delivery position as I don't know your original purchase price.

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I had Suzlon already in my account bought 2 years before.

I decided to do margin trading.

I sold Suzlon at 59.55 in morning.

I bought Suzlon at 61.20 in afternoon.

Am I in profit or loss?

Obviously, you made a loss.

Think of this way:

You sold Suzlon to Mr. M at 59.55 and bought it back at 61.20.

Mr M bought at 59.55 and sold it back to you at 61.20

Mr M made a profit of Rs 1.65 per share and you made a loss of Rs 1.65 per share.

(Mr M is the market).

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Thank you a lot for your fast reply.