Which order is best for intraday trading in Zerodha?

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Which order is best for intraday trading in Zerodha?

BO order helps to get more leverage than the MIS Order. Bo orders need to be squared off by the end of the day at around 3:20 PM. For all the equity and futures and options, it need to square off the positions at 4:30 PM for the Zerodha Currency Trading.

Can I use CNC for intraday in Zerodha?

Zerodha does not charge for Equity delivery (CNC) trades. The brokerage is zero. However, if you have selected the CNC product type and bought and sold the shares on the same day during the market hours , it will be considered an intraday trade(MIS), and intraday brokerage will be charged on your trades.

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Can CNC be used for intraday trading?

Yes you can use CNC (Cash n Carry) for intraday trading. If you are using CNC order for intraday trading then you will have to exit your position before 3:30 PM.

Is CNC better than MIS?

Cash and Carry (CNC) is used for delivery based trading in equity. In delivery based trade, you intend to hold the stocks overnight for however long you wish. Margin Intraday Square Off (MIS) is used for trading Intraday Equity, Intraday F&O, and Intraday Commodity.

What are CNC and MIS in Zerodha trading?

Both these trade product type CNC and MIS are available in Zerodha trading platform, Zerodha Kite Delivery based trades are those wherein you hold a particular stock or indices for some period of time. This is preferred by those traders who wish to invest and not immediately sell-off their shares.

Can I use CNC order for intraday trading?

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While trading using MIS the option of taking delivery is eliminated and you are required to square off your position on the same trading day. Yes you can use CNC (Cash n Carry) for intraday trading. If you are using CNC order for intraday trading then you will have to exit your position before 3:30 PM.

What is intraday margin in Zerodha?

Zerodha Intraday Margin. Trading in futures is leveraged which means that only a small amount of money called “margin” is required in the account in order to make an intraday future. The margin calculator of Zerodha gives the complete details of margin requirements during futures trading.

What is CNC and MIS in Zerodha kite?

Talking about the abbreviations, CNC stands for “Cash And Carry” while the full form of MIS is “Margin Intraday Square-Off”. MIS is used for intraday trades while CNC for delivery trades. Both these trade product type CNC and MIS are available in Zerodha trading platform, Zerodha Kite

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