As soon as you square off the position, your limits would be released and further fresh positions can be created. This is not applicable for Intraday as well as BNST trades under MTF.
How can I view the margin required for NRML and MTF?
Can I use the profit I made by trading in F&O to trade further on the same day?
Why does exchange charge penalties for margin shortfall?
What is Margin Shortfall?