Margin Difference in calculator and Platform

vishwash_yadav
Hi,
Today morning i placed buy order 640 quantity for 'KSCL' but it got rejected because of margin exceeds.


But when i check the margin calculator by Zerodha, it was saying that it requires 14,000.
With these parameters
Quantity=640
Price=479
StopLoss=476.4
Mode=Buy

why there is margin difference?
  • sujith
    Hi,
    The margin calculator doesn't show live margins, it is just an indication of the approximate margins required
    live/real-time margins aren't shown by the margin calculator.
    It is advisable especially when placing BO/CO to have a little more margins in your account to accommodate for excess margin requirements due to price fluctuations.

    You can check out this thread for reference.
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