Does placing a "normal" sell order, close the position we've bought?

[Ontail]

So if i have bought 100 quantities of SBIN and later i make a sell API request

which looks something like this

{
"variety":"NORMAL",
"tradingsymbol":"SBIN-EQ",
"symboltoken":"3045",
"transactiontype":"SELL",
"exchange":"NSE",
"ordertype":"MARKET",
"producttype":"INTRADAY",
"duration":"DAY",
"price":"194.50",
"squareoff":"0",
"stoploss":"0",
"quantity":"100"
}

will this close or exit my existing order?

[admin]

HI @Ontail Yes.