Just a query regarding margin ,
Do i need 1,61,150 to do this trade in my account or can i do this trade with just 30,000 in my account ?
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Change the order to buy pe first and sell pe second
You need money to buy pe option in full
And keep in mind margin varies as we have concept of exposure margin which is approx 2.5 percent of contract ie nifty here so margin will vary as per movement of nifty
To place the basket order, you need to have sufficient required margin in your account, ie. 1,61,150. Once all the orders are executed the final margin will be blocked.
To reduce the required margins, you can first place buy leg and then sell leg. You can learn more on this here: