Chittorgarh.com Logo
Loading...

What is Zerodha cover order?

Zerodha Account Opening

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.

A Zerodha Cover Order (CO) is a type of order used to minimize the risk in a position in intra-day trading. In the case of CO, two orders are placed together as one order. The buy/sell order is placed with a compulsory Stop Loss order in a specified range.

Note:

  • CO is an intraday product.
  • CO is available in Equity, F&O, Currency & Commodity.
  • COs aren't allowed on BSE stocks, stock options and currency options.
  • The Stop Loss order cannot be cancelled.
Zerodha Kite Cover Order

 

Open Instant Account in 15 Minutes Open Instant Account - Start Trading Today

 



Comments

Add a public comment...