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How do I place a cover order?
Once you’ve filled in all the requirements on the order details screen like the product type, order type, trigger price, and quantity, you place a cover order by toggling the button as shown below.
Please note that the cover order is applicable only for Intraday orders (Equity and F&O). The Stop Loss leg is placed to limit your losses and will be executed once the trigger price is reached.
Here’s how to place one:
1
Fill in the order details: Select the Product type, Order type, enter Quantity, Price, and Trigger price.
2
Enable the Cover Order option: Toggle the Add Stop Loss (Cover Order) button.
3
Place your order: Tap Place Order to submit.
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