Hi, if you have been alloted a seat in first round and you want to go for second round then you can definitely go for it. Just don't go to the respective institution that has been alloted to you .then  In second counselling you can apply again and seat will be allocated. But remember if you want to leave the seat and try again in next round then that cannot happen as this will be the last chances to go for seat. Remember seat allocation is on the basis of rank which is formed depending on several like your marks ,your category etc.
Remember if you go for second counselling then you have to pay registration fees again the same way you did in first counselling

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