This is related to Futre Margin query and related to recent incident of Sintex .
Suppose if i brought Sintex Future one lot @ Rs 110 of next month and due to some reasons if the price crashed to Rs 10 or Rs 15 next day . Considering lot size is 7000 which mean approx 7L i need to pay up or loss as of now .
Just want to to know is there any way , i mean by default in the zerodha system that if my invested future money becomes zero due to any reasons , whether mine appropriate stock future will be squared off ? or if i want to do like this what should i do .
Because i may not able to keep daily stop loss of any future contract and i am expecting the zerodha system to take care of this to reduce huge loss of the contract . Sometimes there will not be any scope to keep the stoploss or before the market opens it may go down significantly or if i keep stoploss and gap down sharp movement will not catch the stop loss too .
Hope i am not confused