You just need some extra money (if you wish to continue to work smoothly for next T + 3 days)
Or
If no spare funds, then wait for T+2 days for partial ease of limit and T+3 for full limit.
P.S: This margin rule is NOT new.
For every scrip, the VAR margin requirement is different (based on scrip’s volatility). It ranges from 20 to 100%. Till today the rule was you needed 75% of VAR in your account before you can place your order.
1/n
For example, VAR margin for SRF is 25% up front and for HAPPSTMNDS it is 100%.
To buy SRF, you needed 75% of 25%(VAR) of total order value, for the order to go. Some small brokers may allow your order even otherwise, but you will be charged 1% penalty.
2/n
Another way to create a new position or add to an existing one (Pyramiding), known as Squat!
Read on:
Bought #Dixon using 4 to 8 weeks breakout method using the weekly time frame.
The stock went below the breakout line & stayed lower for a few days (Daily frame). Came back up above the line again which is where I bought more. Imagine the legs exercise behaviour, Squat.
Cup & Handle breakout on the daily frame. The stock went below the breakout line and stayed lower for a few days. I bought when it came back again & 'closed' above it. Another squat behaviour.