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How to place Cover Order with Dhani Stocks Mobile App?

Cover order is a two-legged order that can be placed along with the SL (Stop loss) order to manage risk. Whenever you're placing an SL order, you can set a trigger price so that whenever the stock reaches that level, then the order will be automatically placed on the exchange.

Here are the steps to place BO through Dhani Stocks Mobile App:

  1. Firstly, log in to the Dhani Stocks App platform.
  2. Select your choice of stock to place a cover order.
  3. Pick up the "Intraday" order and enter the price and the trigger price, at which, you want to place a CO.
  4. Re-check all the details entered and confirm the order.
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