Equity Future AXIS BANK 29-SEP-16 Lot size 1200, price 591. 85 = Rs. 7,10,220 as per windows calc

Equity Future AXIS BANK 29-SEP-16  Lot size 1200, Price 591.85 = Rs. 7,10,220 as per windows calc but in Zerodha margin calculator its showing Rs.88935 for Normal Margin & for MIS Margin Rs. 35574 how its calculating ? Please solve my question...& aslo i like to know if i loss this trade or EUR / INR trade as in pic below by some points in MIS / Nrml order how much margin it will deduct on leverage/nrml and what i will be due / liable for deduction from my a/c? & What if it goes positive..how much i will earn?


and NFO MARGIN CALC MAY NOT BE WORKING , SHOWING 0-0-0-? i am a beginner pls help me out...

Andy, guess you need to learn more about futures and options. Suggest you to go through the Varsity module for F&O http://zerodha.com/varsity/.

Futures is a leveraged product, to buy 7.1lks worth of futures, you will only need only a fraction in terms of margin. That is why you see F&O margin calculator showing Rs 80k to buy 1 lot of futures.

Also for buying options there is no concept of margin, only premium required and hence SPAN calculator showing the 0 value.

Do go through the Varsity module