I’m trying to place an MIS order, but its getting rejected & im getting an error “RMS:Blocked for [scrip id] bse_cm [scrip] MIS block type:
MIS orders are blocked for ABAN. Try CNC.
MIS orders are allowed only on certain scrips. The list of scrips on which MIS is allowed can be found on the Margin calculator.
If an order is placed in a scrip on which MIS orders are not allowed, the order will get rejected & the above error will be displayed.
It is recommended for a user to check if MIS is allowed on the particular scrip one intends to trade in & also the leverage available on the scrip before placing the order.