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A cover-order is an intraday 2-legged order, first leg is normal order to buy or sell a stock, and the second leg is a stop-loss order. Upstox facilitates customers to place a cover order on the Upstox Pro platform. Placing a cover order through Upstox is simple. Cover order facilitates you putting a stop loss to your position while entering into the trade. This can be put through apps as well as the web. Follow the steps below to know how to place a cover order through Upstox.
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