You can purchase stocks in the NRML order type using collateral margin and hold the position till T+5 days, provided there is no margin shortfall in your position. Post 5 days, liquidation can be done at any point of time from the risk team. Note that if your position is funded by collateral, you will incur interest charges from T+1 day. The interest rate charged is the 'Interest on outstanding debit balance' as specified in your pricing plan. Know more here.
For which segments are MIS and CO orders allowed?
What is a Buyback/Takeover/Delisting?
My order is getting rejected with the following error – ‘Order price is outside the trade execution range. Try placing the order again
My order is getting rejected with the following error – ‘The order was rejected to avoid self trade. Try placing the order again’.