Cover Order is an intraday product for Equity, F&O, Currency & Commodity. In a CO you can place intraday buy/sell Market/Limit orders with a compulsory stop loss for a higher leverage than MIS product type. Margin requirement will vary based on the Stop loss price. To learn more on CO click here
Bracket Order is an intraday product presently available for F&O and Equity cash. In a BO you can place intraday buy/sell limit orders with a target and compulsory stop loss (with a trailing SL option) for a higher leverage than MIS product type. As soon as either of target or stoploss order gets executed, the other one automatically gets cancelled. Margin requirement will vary based on the Stop loss price.To learn more on BO click here
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