Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Cover orders are intraday orders and cannot be converted to CNC.
Cover order is a multiple-leg order with stop loss and entry price in one order. A CNC order does not have the features to set the stop loss. It is a single-legged order meant for delivery-based trading.
A cover order by its nature is required to be squared off the same day and thus cannot be converted to CNC.
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O