How long the Zerodha RMS team hold my position or will not auto square off if there is sudden movement in the price for some seconds (Freak trades) but due to this sudden movement there is the loss > 50% of the funds kept in the zerodha account. Is it done instantaneously??
If your loss crosses 70% of your capital we will square off the position any time. In most of the freak trade cases, prices will recover to the correct level quickly, so the probability of making a loss is very minuscule.
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Is there is any reminder from the phone or mail before square off??
Margin warning SMS and email will be sent from our end if your margin utilization crosses 100% of your capital.
Okay Thanks