Today’s Bnk Nifty’s range was around 25000 to 25400.
why the order was rejected,
What do i need to check before buying an option to avoid this error, please explain.
Today’s Bnk Nifty’s range was around 25000 to 25400.
why the order was rejected,
What do i need to check before buying an option to avoid this error, please explain.
Check this
this is a “ZERODHA” error.
we get penalized for being retail traders i suppose.
check the following thread for more information : Order Rejected RMS Rule
i think i should go back to Sharekhan…
@nithin @siva-reddy , Is there any update for the second account Zerodha was going to open with Exchange to facilitate more option buying
Today Bank nifty is at 26250 right now and I am unable to buy 25900 PE which is just 1 to 1.5% away (VIX touching 20 means 1% is a non move), and its one day before expiry. This is becoming very difficult for retailers with small capital and they end up buying options which are overpriced.
Working on this, this is on our priority list but will take time as many regulatory things are involved.