Finnifty on AlgoTest

Depending on your broker there are different restrictions on Finnifty instruments.

Zerodha

Market + NRML Orders are allowed for strikes that are within 1% of Spot.
Limit + NRML orders allowed for all strikes.
With NRML orders, Buy is allowed but only against Sell options, i.e., first you have to sell and then only you can buy.
Market + MIS Orders are allowed for strikes that are within 1% of Spot.
Limit + MIS orders allowed for all strikes.
With MIS orders, Buy is allowed before Selling for margin benefit.
Zerodha does NOT allow trading in strikes where OI is less than 500 lots.

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