Trade Request rejected by NSE in kLite

Zerodha
1

HI

i tried trade on a couple of shares today and noticed an issue with them, this is error message i received

“rms:blocked for nse_cm venkeys-eq mis block type: all” : stock :VENKEYS
"rms:blocked for nse_cm deltacorp-eq mis block type: all" : stock DELTACORP
I tried on MIS/CNC/BO but no luck

i also noticed few restriction like this

  1. I cant place some orders in MIS they just accept in CNC why is that case ?
  2. rms:rule: check holdings ,no holdings present for entity account-****across exchange across segment across product
    This is not allowing me to sell myshares before making any purchase/buy…

I am pretty new to trading, my questions may sound basic one do guide me with these.
thanks in advance.

Thanks,
Manoj.

2

When stocks are moving up and down fast or a lot of speculation on it, exchanges move them into a category called T2T. Once in that category, you can do only delivery based trades(CNC). That is buy, wait for it to come to your demat after 2 days and then only sell. Check this link on knowing how to see the category of stocks.

Also suggest you to go through Kite playlist of videos.

2 Likes
3

Why don’t zerodha disallow (disable MIS) for such scripts while placing order itself. why it has to come as a response. What is the use of technology then? you already know some script has hit lower freeze or upper circuit so disable the MIS option altogether.