What happens if I add a Sell stock inside a Buy ChartInk Group?

Asked by Radhesh Joshi · SOLVED
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Radhesh Joshi Original Post
Strategy Builder

I have created a ChartInk Group where the default transaction type is Buy.

But suppose I manually configure one particular stock as Sell inside that group.

In that case, what will happen when that stock comes from the ChartInk scanner?

Will AlgoDelta follow the group’s Buy setting or the stock’s Sell setting?

Posted Jun 6
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    1 Reply

    Tech Support AlgoDelta
    Tech Support AlgoDelta Automation Expert ·

    Nice question sir.

    If you explicitly configure a stock with a different transaction type than the group, then the stock-level configuration gets higher priority.

    For example:

    -Group Transaction Type : Buy

    -Stock Transaction Type : Sell

    If that stock is received from the ChartInk scanner, then AlgoDelta will place a Sell order for that stock.

    So the stock-specific setting will override the group’s default setting.

    One more thing to keep in mind:

    -If the stock is configured as Sell with Intraday product type, then the Sell order can be placed normally.

    -If the stock is configured as Sell with Delivery product type, then you must already have holdings of that stock in your Demat account.

    -If sufficient holdings are not available, the broker may reject the order.

    So in simple terms, whenever there is a conflict between the group configuration and the stock configuration, AlgoDelta will follow the stock-specific configuration for that particular stock.

    Verified Solution
    • That solved my confusion. Thank you for the detailed explanation. – Radhesh Joshi Jun 14
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