Bracket (BO) & Cover Orders (CO)

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Product What it means
Cover Order (CO) Cover Order (CO) is a product type where you can place buy/sell orders with a compulsory stop loss order. You get higher leverage for Cover Orders than Intraday orders but the margin requirement will vary depending on the stop-loss price. All open Cover Order positions get auto squared off around 10 minutes before the market closes.
Bracket Order (BO) Bracket Order (BO) is a product type where you can place buy/sell orders with a target and a compulsory stop loss orders. You get higher leverage for Bracket Orders than Intraday orders but the margin requirement will vary depending on the stop-loss price. All open Bracket Order positions get auto squared off around 10 minutes before the market closes.
Securities under ban: ADANIENT, ADANIPOWER, JETAIRWAYS, JISLJALEQS

Bracket & Cover ordersreset brokerage icon

Exchange
Product
Symbol
Price
Quantity to trade (Lot size {{actual_lot_size}})
Net quantity must be in multiples of Lot size.
Stop Loss Price
Strike Price
Strike price is mandatory.
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Margin Requirements

Actual value
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Margin required
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Leverage Provided
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