To avoid margin shortfalls and penalties:
- Monitor Your Margin Balance regularly in the Lakshmishree’s Shree Varahi app or website.
- Check The Limit/Margin Tab for real-time updates on required margin.
- Review Daily Margin Statements sent early in the morning to ensure sufficient funds are maintained.
- Top Up Funds Immediately if there is a shortfall to avoid penalties.
By staying alert and monitoring margin levels, traders can avoid unnecessary penalties and position closures.
Note: It is always better to maintain at least 10% extra margin as a safety buffer because market prices can change suddenly.