@PravinJ @RahulDeshpande @pranita @mohseen_usmani
can you please help with the Holding coverage calculation when i initiate MTF position with pledged margin and when will my position be liquidated.
I tried to calculate the holding coverage based on the support article but i feel i am making a mistake
https://dhan.co/support/mtf-pledge-experience/margin-shortfall/how-is-the-mtm-holding-coverage-ratio-for-margin-trading-facility-mtf-calculated/
Holding Coverage = (Combined Ledger + Total Stock Value) ÷ Total Stock Value × 100
Combined Ledger Value = -33,561.51 ( dhan funded the entire amount as i used pledge margin to initiate the position)
Total Stock Value = 33,382
Holding coverage = (–33561.51 + 33,382)/33382 * 100 will yield a negative percentage and my position should have been liquidated.
it would be great if someone could explain the holding coverage calculation against this position.I’ve tried to reach out to support via mail yesterday but did not get any response and also reached out via call and they just state that it should not fall below 20% but lack the clarity to explain this.