I have been charged short Margin Penalty for Trading in F&O . Is there any way to know the short Margin deficit before the market closes so that atleast some of the Position could be closed.
I know that margin available doesn’t give the true picture about Margin statement
For example : Today for my account
under Margin available in funds tab shows - 29K but
when I received my Margin statement it was shocking 1.71 lakh deficit for which I will be charged a penalty of 1.71k which is 1% . Which increases to 5% after 5 instances.
Can anyone help me with how do I know the deficit.
I trade such that I close trades of this week expiry and take trades for next week expiry immediately. this is causing the margin deficit but how do I calculate that.
I would be greatful if someone explain with example or point me to detailed explanation.