Comment on Zerodha - Margin Policies

Harshal Shah commented on 27 Sep 2014, 09:53 PM

Hi NItin ,

I Have a small query regarding margins

Suppose I wanna buy nifty future oct 1 lot I shld have margin of Rs. 31661
I wanna sell nifty future nov 1 lot I shld have margin of Rs. 31661

If I buy and sell both together i need to have margin of Rs.8109

So my questions are

1) If there is Rs. 15000 in My account can i take both the positions

2) Suppose next day nifty is up by 20 points at 10 a.m.and i bought nov futures and close the Position of nifty nov futures . and i waited till 11 a.m. by that time nifty was up bu 50 points and I sold my oct nifty position . Now during 10 a.m. to 11 a.m. I had only one position i.e. Oct. nifty and margin required for that is around 32,000. Once I clear One Of position from above do I immediately need to deposit the margin or how will It go? Can you please explain In detail.

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