How to convert MIS to CNC/NRML and vice versa?
You will be allowed to convert MIS positions to CNC/NRML only if you have sufficient margins in your account.You can check the margin calculator to know how much extra margin you’ll need to have to convert to CNC/NRML.
To convert MIS to CNC/NRML and vice versa, open the ‘Positions’ tab in Kite. Click on the ‘Options’ button and click on convert.
- You will not be allowed to convert CO to NRML/CNC or MIS and vice versa. Also, you can only convert sell MIS to CNC if you have holdings in your account.
- You can convert short option position from MIS to NRML and vice versa.
- MIS index options buy positions cannot be converted to NRML. Learn more .