How-to Exit Holdings Positions

How to quick-exit holdings and positions on Kite

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The Kite Quick exit flow lets you sell from the Holdings or Positions tab with one click per row, or bulk-exit multiple rows at once.

Conflict-of-interest disclosure. This guide is published by WebNotes Editorial Team for informational purposes. WebNotes has no commercial relationship with Zerodha.

Step-by-step procedure

Six steps per the procedure infobox. The notes below cover single-row, multi-select, and the underlying order-placement mechanics.

Single-row exit

On any row in Holdings or Positions:

  1. Hover the row (Kite web) or long-press (Kite app).
  2. Click the Exit / Square-off button (red, on the right).
  3. A confirmation popup shows:
    • Quantity to sell (defaults to full holding).
    • Order type (Market by default, Limit available).
    • Product type (CNC for Holdings; same as the position’s product on Positions).
  4. Click Confirm.

The order is submitted as a regular sell. On execution, the position closes.

Multi-select bulk exit (Kite web)

For exiting multiple rows at once:

  1. Click the checkbox on each row to select.
  2. A toolbar appears at the top with the count and a Bulk-exit button.
  3. Click Bulk-exit.
  4. Confirmation popup shows the list and the total notional value.
  5. Confirm.

Each row’s exit becomes a separate order; you can monitor them on the Orders tab.

Order type considerations

Order typeBest forRisk
MarketQuick exit, illiquid scripsSlippage; may execute below LTP for sells
LimitPrice-sensitive exitMay not fill if price moves away
Bracket / CoverNot applicable to Quick exitUsed at entry, not at Quick exit

For most active intraday traders, Market is the right choice for exit at session-end; for swing investors with delivery holdings, Limit at a defined target may be preferred.

Margin and funds impact

Closing a CNC holding via Quick exit:

  • Credits proceeds to the trading account on T+1.
  • Realised P&L locks in (visible in Console next day).

Closing an F&O position via Quick exit:

  • Releases the SPAN + exposure margin held against the position.
  • Realised P&L locks in.

For a same-day exit on an MIS position, the realised P&L is immediately visible on Positions Day view.

Auto square-off interaction

For MIS positions left open past 15:20 IST, Zerodha’s auto-square-off triggers. To avoid this, manually exit using Quick exit before 15:20. The auto-square-off uses market orders and may produce worse fills than a manual exit.

See also

External references

References

  1. Zerodha Support, Quick exit and bulk exit on Kite, support.zerodha.com.
  2. Zerodha Support, Auto square-off rules, support.zerodha.com.
  3. SEBI, Intraday positions and risk management, sebi.gov.in.

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