Order rejected showing Margin shortfall

ChandiniM
Hi,
Today, my order got rejected due to a shortfall in the margin. I tried to sell (through API) BANKNIFTY 41600 CE (expiry 15th SEPT) but the order got rejected. I have already sold 41600PE at a prior time. When I checked the margin requirement on Zerodha, it showed 172125/-.
Please explain why my order got rejected.

Thanks
Chandini
Tagged:
  • rakeshr
    The message state that the required margin was 197583. You can refer order window to get the updated required margin. This article explains more about the difference/updated margin.
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