Comment on Zerodha - Margin Policies

Nithin Kamath commented on 10 Jul 2013, 03:13 PM

VMGJul 10 2013, 8:25 pm
Thanks sir to solve my query about difference between MIS order and COVERED order and associated margin.
Now I want to confirm only about covered order. Covered order means just an automated order executed as per market rate and stop loss order is also automated calculated.
I want to know wheather CO is place manually, mean LIMIT order for buying (IF Nifty is at 5850 and I want to buy at 5840).
Can I place CO order as LIMIT order ?….
Cheers..

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