Comment on ZT-View Holdings

Kavitha Dinesh commented on 04 May 2015, 11:32 AM

Dear Nithin Kamath,
As I am a VERY beginner to trading and to Zerodha, could you please explain how the system works:

I had Rs. 25,164 in my trading account and I bought 875 shares of CMahendra @ 9.85 and 50 shares of ITC @ 325.95 on 30-April-2015, the total works out to 24,916.25.

When I try to sell shares of CMahendra today (04-May-2015) I am getting the below error
“RMS:Margin Exceeds,Required:xxxx, Available:xxxxx for entity account-RK**** across exchange across segment across product”
SO DOES IT MEAN THAT MY ACCOUNT IS NOW ZERO (around Rs. 176 shown in my cash balance limit) AND I CANNOT EVEN SELL THE SHARES THAT I HAD BOUGHT ?
Since I doesnt how your system works, can you explain me please. I am asking this query so as to understand the system.

View the full comment thread »