Comment on Cover Orders - For Higher Leverage

ethicaldeal commented on 07 Nov 2013, 04:51 AM

Dear Zerodha

I was reading through ZConnect and am a bit confused. If tomorrow I want to buy 1 lot of NIFTY Future then (assuming NIFTY is at 6264 then 6264 *50) = 313200 rupees do I need to have 313200 in my trading a/c or Rs 25199 if I buy with product type “NRML” and want to keep it for say next 10 days ? kindly let me know. regardsruben7503081667

Kindly let know

Thanks
Ethicaldeal

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