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Assume Current month Nifty Futures are trading at 5600.
1. How much amount is required to trade one lot of Nifty future intra day?
11250 as of today
2. I read it earlier, that answer to query above is Rs 11000 approximate. Is that true?
Yes
3. It means, if I have funds of Rs 55000 in my trading account, I may trade 5 lots of Nifty Futures intra day ?
Yes
4. How much amount is required to carry one lot of Nifty future overnight? Is that Rs 22000 approximate ?
Overnight margin is stipulated by the exchange, as of today it is around 28500
5. Suppose, with Rs 55000 in trading account, I am having 5 lots of Nifty Futures by 3 PM. Then, I square up 3 lots and I wish to carry 2 lots overnight. Will something require to do so, or the 2 lots will automatically be carried over?
The 2 lots will be automatically carried over, you just need to square off positions to the extent you can hold with the funds in your account.
6. As said above, suppose, I carry over 2 lots of Nifty Futures overnight, and by 9:20 AM next day, I square off them, and I again wish to buy 3 more lots making it to a total of 5 lots. In this case, will the margin blocked for carrying over 2 lots overnight be released immediately? Do I need to first square off overnight position to buy 3 more lots next day, or I may buy 3 lots without squaring off overnight positions.
Next day morning, again your funds will have the power to hold 5 lots, you don't need to square off the 2 and then reenter 5, you can buy 3 more lots and if you have that 55k in your account it will let you buy.
Please provide step by step answer so as to enable me to finalize some strategy.
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