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Product types available in Shoonya are MIS, CNC, Bracket Order, Cover Order.
MIS ORDER: Order for intra-day trading in any segment.
CNC ORDER: An order to carry forward the stock position in the equity segment (holdings)
MARGIN ORDER: An order to carry forward derivatives positions.
COVER ORDER: Order for intraday trading where an SL order is placed parallel to the main order. Margin benefit is also provided on this order type.
BRACKET ORDER: Both SL and TP are placed parallel with the main order. If any one of the SL / TP orders is executed, then the other order is auto-canceled.
If your question wasn’t answered above, we’re here for you. Reach out to our team for assistance.