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.
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* BO is presently available for NSE, NFO, and CDS. Other exchanges will be available later.
Zerodha is the first brokerage in India to allow Bracket Orders &Trailing Stoploss on F&O.