Under Rs 9 pro plan...
Along with Intraday Margin In Futures 8X in MIS..
Is that only SPAN margin for NSE futures & NSE options (selling) required for
Carry forward (NRML)?
That means"Initial Margin" on your margin requirement page.. which is 5% for Nifty and Bank Nifty .
Am I right?
Margin is being provided as per your trading plans as per the following :-
1. Freedom Plans :
NSE & MCX Futures Margin : CNC - 1X, MIS - 2X, CO - 10X . Options : 1X . Equity Cash : MIS 5X. Delivery 1X
2. Add Ons (Pro Plans)
NSE & MCX Futures Margin : CNC - 1X, MIS - 8X, CO - 20X . Options : Selling 8X, Buying 1X. Equity Cash : MIS 40X. Delivery 10X (Upto)
3. Add Ons Plus (Ultimate Plans)
NSE & MCX Futures Margin : CNC - 2X (Span only), MIS - 8X, CO - 20X . Options : Selling 8X, Buying 1X . Equity Cash : MIS 40X. Delivery 10X (Upto)
Hope this clear your doubts.
regards