First, I know there is a google sheet called “consolidated list of scripts” where i can find the margin allowed but its not correct sometimes. Yesterday two stocks yesbank & relinfra were given 12.5x on that list but they were allowed on 5x margin.
Today, i wanted to check the margin of a stock so i placed a short order for 12.5x margin but price instantly moved up & my order got executed, i was waiting to square off for no profit but that price just kept going up. Right now my account is 20% down.
so, I’m just wondering how you all keep track of all the margins. Also how do you take the best advantage of the margins, stock needs to move & have good margin to best employ your money, need some help on this. I’m new to trading & this forum, kindly ignore my mistakes.