Comment on Cover Orders - For Higher Leverage

Nithin Kamath commented on 29 Sep 2013, 05:18 PM

Loknath,

Thanks,

In the cover order window, you will have only 1 place to fill which is the trigger price.

1. Buying 1 share XYZ by default is market order and in cover order you can’t place a limit order.

2. While buying at market, the order will suggest you to place a trigger in the range of 97 to 100, and you can place any trigger, in your case this would be 99.

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