Bracket & Cover orders

Intraday trade using CO on Equity, F&O, Currency & Commodity. In a CO you can place intraday buy/sell market orders with a compulsory stop loss for a higher leverage than trading using product type as MIS. All open CO positions gets auto squared off before end of the day ( Equity & F&O: 3:18pm, Currency: 4.30PM, Commodity: 25mins before close). Margin requirement will vary based on the Stop loss price. 

Click here to learn more on CO.

* Based on market volatility, intraday square off timings can change at the discretion of our risk management team. Check this bulletin to know the latest square off time for intraday positions.

Intraday trade using BO on Equity, F&O, and Currency. In a BO you can place intraday buy/sell limit orders with a target and compulsory stop loss (with a trailing SL option) for a higher leverage than trading using product type as MIS. All open BO positions gets auto squared off before end of the day ( Equity & F&O: 3:18pm, Currency: 4.30PM. Margin requirement will vary based on the Stop loss price. 

Click here to learn more on BO.

* BO is presently available for NSE, NFO, and CDS. Other exchanges will be available later. Zerodha is the first brokerage in India to allow Bracket Orders &Trailing Stoploss on F&O.

* Based on market volatility, intraday square off timings can change at the discretion of our risk management team. Check this bulletin to know the latest square off time for intraday positions.