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Margin Limit question

Discuss Margin Limit question at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi Guys apologies if it is a stupid question. I use HDFC for online trading ...


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  #1  
Old 23rd January 2008, 09:54 PM
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Default Margin Limit question

Hi Guys apologies if it is a stupid question.

I use HDFC for online trading and have started recently only.

Today, I held some money from my savings account as limit for margin orders. I did some margin trades (today is the first time), made some profit, sold everything in the evening.

In the evening, it was showing all money under the limits -> Margin limit section and some under CnC limit.

I checked just now, CnC limit is there but Margin limit is gone and all I can see under this section is 0.0.. I was wondering what the hell happen to that money?

Please guys if you use HDFC, kindly answer my question pleae..

Thanks,
Sharmaji
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Old 23rd January 2008, 10:29 PM
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Default Re: Margin Limit question

Hi Guys, can any one please help me here?
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Old 23rd January 2008, 10:46 PM
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Default Re: Margin Limit question

hi, dont know if this might really help but if u have the 24 hotline no for hdfc call and check with them.
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Old 24th January 2008, 12:24 AM
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Default Re: Margin Limit question

next day it will be ok may be not updated? its a guess...
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Old 24th January 2008, 01:26 AM
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Default Re: Margin Limit question

Quote:
Originally Posted by sillu_m View Post
next day it will be ok may be not updated? its a guess...
hi sillu,
join discussion in dheer thread.................technical crap vala
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  #6  
Old 24th January 2008, 11:30 AM
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Default Re: Margin Limit question

Brokerage have the right to suspend margin financing at anytime and without notice. Given the shock recently they may have decided to pull margin for certain types of accounts.
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