question about margin?

[NeilSinha]

Check this one. it’s already covered in one of the threads.

What exactly is a Margin in Equity Intraday Trading?

I’m new to trading and I wan’t to know how Margin works while trading in equity segment. Suppose I’ve cash balance of 5000 in my trading a/c and I want to buy a particular share of Rs. 100 and if that share’s Margin is 10 times, will I be able to buy 500 shares with that 5000 balance in my a/c ? Kindly explain it and will margin automatically execute while placing order ??