Can I place a Cover Order on Upstox?

A Cover Order is a special order type that combines a Market/Limit Order with a Stop Loss Order. It consists of two legs: the first leg is always a Limit/Market order, and the second leg is a Stop Loss Order.


Yes, you can place a Cover order using GTT.


Step 1: Go to the GTT tab.


Step 2: Select Immediate order.


Step 3: Enter the price you want to buy or sell at.


Step 4: Select Intraday product type to get additional margin, or select Delivery if you want to hold the position for more than a day.


Step 5: Add the Stop Loss leg.


For details on how to place a GTT order, refer to How to place a GTT order?


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