The CO position cannot be closed from the positions tab.
The second leg of the Cover Order (CO) cannot be cancelled if the first leg is executed.
The trigger price, which defines the SL, is set at ₹1500, so the stop loss would be placed as soon as the entry order is placed at Rs. This means the order would remain open until the stock reaches ₹1580 and then execute (just like a limit order) to initiate the position. In the above example, Infy would be bought at ₹1580 (the current market price is ₹1587). Cover orders - Market ¶Įnter a cover order position using a limit price by changing the CO order type to Limit. CO is a market order or limit order that is placed along with a stop-loss order and can only be used for intraday orders in the NSE EQ segment, i.e., equity segment of NSE. Cover Orders (CO) ¶Ī Cover Order (CO) is an order with an in-built risk mitigation mechanism. Visit /policies-and-procedures to learn more about margins. The order window displays the latest updated margin requirements. NRML positions can be held until expiry, provided the required margins are maintained. Use NRML to take positions without additional leverage. Visit /margin-calculator to calculate the margins required for a particular trade or /marketintel/bulletin/ to know the latest margins provided for various segments.
Margins can be checked on the order window, margin calculator or bulletin.
The minimum margin for equity intraday trades will be 20% of trade value (5X leverage).
Commodity Segment (MCX): 25 minutes before the market closes.
Currency segment (CDS, BCD): 15 minutes before the market closes.
Futures and Options (F&O): 5 minutes before the market closes.
The auto square-off rule can vary based on market conditions.
All MIS positions are auto-squared off 5 to 25 minutes before the market closes or when losses exceed 50% of the margin.
Trade using MIS for additional leverage or margin.
Shares must be available in the holdings to sell shares using the CNC product type.įor intraday trades in equity and F&O segment.
100% of funds are required to buy shares for delivery using the CNC product type, as no additional margin or leverage is provided.
To reposition the order window, just click on it and drag it wherever required. Another way is to use the arrow keys and then type B or S. Hover over the instrument on the watchlist and click on Buy or Sell to initiate a buy or sell order window.
0 kommentar(er)
