Can we trade for intraday in banned F&O contracts (I am not taking delivery for that contract in Futures, strictly intraday only)?

NO… stock which is ban under F&O… you cannot take new position in future of that stock…

but if you want to trade in that stock for intraday… you can buy cover order/ bracket order of that stock…

or you can take MIS ( Margin intraday square off) position… which is get auto square off before 3:20 p.m

brokers don’t allow this for the ban scrips …

Refer to the below given link from Zerodha support portal for your query :slight_smile: https://support.zerodha.com/category/trading-and-markets/trading-faqs/articles/why-is-intraday-trading-not-allowed-on-scrip-in-ban-period