Comment on Margins- 2 Exit orders for 1 position

vijay commented on 17 Feb 2015, 07:41 PM

Nitin kamath,

Lets assume MIS margin for one lot of crudeoil is INR 30000 and I have 31000 in my account.
If I buy 3 lots crude and place stop loss and target order, then I know that both will be placed without any requirement f additional margin.

But suppose I want to go short if stop loss is triggered for an additional 3 lots then will it accept my order?
so my order will e as follows.
Open position: 3 lots buy crude @ 5250
Target Order: 3 lots sell crude @ 5300
Stop Loss Order: 6 lots sell crude @ 5200

Is this possible?

View the full comment thread »