I see Zerodha is not allowing MIS trades on highly liquid stocks like BEML, AVANTIFEED, RIIL
symbol last 20 days Avg liquidity AVANTIFEED 2.222758e+08 BEML 5.220805e+08 TATACOMM 1.767782e+08
Also, MIS orders are allowed on low liquidity stocks like CSBBANK 2.056497e+07 PAPERPROD 2.018299e+07 SIS 2.020570e+07 UFLEX 2.071491e+07
These are just a few examples.
Questions 1) How does Zerodha decide which stocks to block for MIS trades? 2) Is there are a workaround for that? Since we do algorithmic trading, for us trading universe should be deterministic.