Lets say SBIN is trading at 300 on BSE and 305 on NSE. Assume margin for SBIN is 10%
Cash available is lets say 3050/-
So as per margin available, in MIS, I can buy 100 shares of SBIN in BSE (cash used=1500) and sell 100 shares of SBIN in NSE (cash used=1550). All cash used.
Now after getting into position, I want to place target limit order and stop loss SL-M order for both the positions.
Let me know if this is allowed in kite or there is any limitations?
If it is possible how much more margin is required?