The current version of your web browser is outdated. Request you to update the same to experience our website at its best.
A list of most popular web browsers are available for download below:
Capping Losses while Maximizing Returns
Cover Order allows you to take advantage of intraday trading in huge volumes with minimum margin and at the same time limiting losses.
You place a buy order for 20 shares of company A at Rs 100 per share. Minimum margin on Company A is 3% and you can bear maximum loss of Rs. 2 per share then placing a stop loss cover order at Trigger price Rs. 98, margin blocked will be Rs.80 i.e. Higher of Maximum loss you can bear*multiple (Eg: 2 times) decided by RSec [(2*20)*2 = 80]& minimum margin% on the stock value [(20*100)*3% =60].
Get to know how Cover Order works.
Place a buy/sell order in equity, derivative or currency along with the stop loss Cover Order mentioning the trigger price.
Trigger price placed at a price on which you can bear maximum loss.
Margin blocked is higher of maximum loss you can bear and minimum margin % on the stock.
Stop loss order remains pending till trigger price is not reached.
Square-off your open positions before 3.10 pm, else Reliance Securities will square-off your open positions by the end of market close on the best-effort basis.
Get to know how you can benefit from Cover Order
Save on brokerage costs with higher volume trades
Reduction in the risk of an investment
Capitalize on market opportunities
Garner market opportunities with minimal margin requirement through F&O.
Our operational timing: 8.30 am to 4.30 pm, Monday to Friday.
022 39886000 | 022 25816000
022 26856000 | 022 33506000
Partner Desk : 022 39896789
*At the time of contacting us, please keep your account details ready for our customer service executive to assist you promptly.
SEBI Registration Nos.:
Stock Broker:- INZ000172433
CDSL:- IN-DP-257-2016 | NSDL:- IN-DP-NSDL-363-2013
AMFI ARN No.29889
IRDA Corporate Agent (Composite) Registration Number :
CA0195 (valid till 31-Mar-2019)
Corporate Identity Number:
Brokerage will not exceed the SEBI prescribed limit. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Insurance is a subject matter of solicitation.
Compliance Officer :
Mr. Palkesh Shah (email id: email@example.com
In case of grievances for Securities Broking write to us at:
and for DP: