Intraday trade using CO on Equity, F&O, Currency & Commodity. In a CO you can place intraday buy/sell market orders with a compulsory stop loss for a higher leverage than trading using product type as MIS. All open CO positions gets auto squared off before end of the day (Equity & F&O: 3.20pm, Currency: 4.30PM, Commodity: 25mins before close). Margin requirement will vary based on the Stop loss price.
Intraday trade using BO on Equity, F&O, and Currency. 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 trading using product type as MIS. All open BO positions gets auto squared off before end of the day (Equity & F&O: 3.20pm, Currency: 4.30PM). Margin requirement will vary based on the Stop loss price.