Suppose Bank Nifty Is Trading 17800
I Want To Put Two Different Orders Same Time Buy Order @ 18000 (To Go Long)
And Sell Order @ 17600 (To Go Short)
Whichever Way Market Goes…That Particular Order Will Be Executed.
Can I Put Two Different Orders To Buy And Sell Banknifty At Same Time In Sl-M Orders. Will It Require Double Margin For Two Orders Or Single Margin Will Be Required.
Hello,
According to my knowledge you cannot place orders like this for the same future.
Instead what you can do is buy ex julyniftyfuture…and sell augustnifty future.
this should kind of help you out. And as they are different orders you will need enough money in your account for the two orders.
It is possible, Margin required only for single order, as the system considers the other order as stop loss.