Comment on Stop Loss orders - Limit/Market

ethicaldeal commented on 12 Nov 2013, 09:03 PM

Dear Zerodha

Thank you for clarifying that.
I had another continuing question, which I would like to ask with a scenario:

1. If on 13/11/2013, I have 80,000 in my trading account.

I went ahead and placed a BUY 3 Lot Limit Order (assuming 25000 for 1 lot so 75000 margin for 3 lots for NRML), it got placed but has not been executed.

In the next second immediately after that, can I go ahead and place a SELL (SHORT) Order for 3 lots of NIFTY Futures ? Or does second SELL (SHORT) Order requires me to have another 75000 as Margin Money in my trading account ?

Thanks in advance
EthicalDeal

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