Comment on Zerodha - Margin Policies

Nithin Kamath commented on 20 Jul 2013, 11:18 AM

Praveen,

Sorry had missed your query,

Yes you can use MIS as product type and you get an option to choose to have a SL or not have a SL. You can choose to place limit order as exit order as well.

Cover orders is for people who need that extra leverage, more than the 8 times that you will get from MIS, for these people only we ask to put SL if using cover order.

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