Although your pending credits might appear in your Rupeezy balance, some transactions can take longer to settle. 

For example, Equity stock sale proceeds settlement is T+1 working days. In the same way, F&O trades are settled in T+1 day.

Funding amount through pledged shares (if any) is also available to trade.

(However, 80% of the proceeds from the sale can be used immediately to make new trades)