I squared off all my positions utilizing zerodha choose all choice whereas exiting the postions on kite.
Promote place acquired squared off final as chosen by the system, on the similar time zerodha system despatched me a mail that I’ve used 400 % extra margin. I’m scared as to what’s going to occur, what if Screenshot was despatched the SEBI on the similar time(4 occasions a day for margin shortfall screenshot).
Will I be levied heavy penalties trigger zerodha has an auto squareoff which squared off promote place as final one. Mainly buys acquired exited first by the system leaving the promote momentarily until it was exited.
Please assist similar factor occurred at different situations additionally after I exited, I’ve seen solely now and am now panicking.
Penalty on 400 % margin will butcher me. Please reply asap on humanitarian foundation.