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How to put cover order in Zerodha kite?

Zerodha (Trade with the best stock broker)

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A cover order in Zerodha gets placed with the exchange as two trade orders:

  • Limit or market order and
  • Stop-loss order.

The cover order in Zerodha is allowed only for intraday trading and on NSE for Stocks, Equity Derivative Futures, and Currency Futures.

Steps to place Cover Order in Zerodha Kite:

  1. Select the desired stock from your watchlist.
  2. Click on Cover Order Tab.
  3. Click on Buy
  4. Input the below trade parameters:
    • Quantity
    • Price (based on whether it is limit order or market order)
    • Stop-loss trigger.
  5. Click or Swipe to Buy/Sell.


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