Don't go with Ashlar securities, they square off your positions without your concern in intraday. I lost more than 1.5 lakhs since they squared off without my concern when the market was fluctuating. Irresponsible people
Hi, Mr. Kumar. I am Mr. Swapnil ajgaonkar from Mumbai. Something similar had happened with me as well but with Angel-Broking when the time they were giving 40X (times) trading limit. This happens if you have used more trading limit (like 40X times in my case) & your loss is more than 70% (or 80% in some cases). So when your stock is showing a loss of 70% or more they will directly square-off your position as they have to save their money they gave you as the 40X exposure or margin. It's called their RMC or RMS protocol. You can ask an experienced broker about this & he would be able to tell you about it in detail...