You can float the allotted option.
Which mean you are still eligible for further rounds and can participate to securebetter streams and colleges of preference.

You can fillup following better colleges at this stage:

• Atharva college of engineering
  
• St francis Mumbai
  
• Vidyalankar institute of technology
  
• Priyadarshini College of Engineering
  
• GH raisoni college of engineering and management.
  

https://engineering.careers360.com/articles/mht-cet-counselling