didn't understand it all. can u explain it properly?
My account balance is Rs.10,000.
Reliance Scrip margin is 5x.
I can long buy Rs.50,000 worth stocks of Reliance for Intraday trading.
I can short sell Rs.50,000 worth stocks of Reliance for Intraday trading.
Infosys Scrip margin is 3x.
I can long buy Rs.30,000 worth stocks of Infosys for Intraday trading.
I can short sell Rs.30,000 worth stocks of Infosys for Intraday trading.
I must square off my intraday trade before market close or as per time defined by broker between 3 to 3:30pm. Some brokers close all margin trades between 3 to 3:30pm.