Bhai, i think, We shall get 2 X of our opening balance plus Stocks VAR if any in our trading account. So, if you have 1 L cash and 40K (after VAR stocks), you shall get 1.40 L to trade in NRML and 2.80 L to trade in MIS. Obviously any MTM, shall add or reduce our limits during the day
- how do I know that an amount of 1.4L has been provided to me as a 2x leverage.
- where does such amount reflect, in RMS view or some other place and if in RMS view, then which column.
As so far no amount has been provided as 2x for the opening balance, as it is almost same as that of closing balance. And even for a shortage of 100 R my order (in excess of opening balance) has been rejected, leave aside to say for 10k or 20k excess balance.
Though I have no complaints, as I do not like to use leverage on regular basis, but when a facility is there, it should be available at all time.