Query on F&O exit intraday position margin
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Hi. I bought 2 lots of bank nifty f&o intraday by paying around 10k to 12k.
But while trying to exit the open position, the ‘funds required’ section was showing around 2L as opposed to my expectation of 13k. Since I had that much funds luckily I exited my position. But what if I don’t have that much amount in my funds balance, then how can I exit the open position?
Upon googling I found that margin should apply only for fresh short sell Orders and not while exiting an open position.
Please note that I didn’t had any other pending order at that time. Can any f&o expert help me out here? Thanks in advance.
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Yes
careful with the month and date
you r placing fresh short order…thats why this margin required showing. Exit from positions section.
Yes that’s what I did. On the positions page, there were 4 positions like add, exit, convert details. I selected the exit option.
Yes, those details are prefilled automatically when I click on exit option.
If you already have a pending open order, it will show margin, if you try to sell again
I didn’t had any pending orders at that time. Orders tab was empty. Only one position was open. Please let me know if I am trying to exit in a wrong way. Screenshot attached in description. @neo_t
Do paper trading don’t dive directly r else keep sl
How to do that.. any website u recommend.. I think zerodha have such options but that is chargeable
bhau, target order / SL order die honge pahle se hi. Wahi dikkat hui hai.
you must have had either an open SL order or target order. 🙂🙂🙂 Otherwise it will ask you to have full margin. 🙂🙂🙂
I didn’t had any pending order at that time, Orders tab was empty only. Please see below screenshot. @bikidas2060
![How to do Rent Payment by Credit Card without Charges? [Effectively]](https://cdn0.desidime.com/topics/photos/1776967/medium/Rent-Payment-Through-Credit-Card-1-768x511.jpg?1713442945)
are they both belong to same expiry?