Can I convert a position taken as BO/CO (Bracket/Cover) into NRML/CNC?

Is it possible to convert bracket and cover order positions?

Hi!

There is no such option at present to convert BO/CO into NRML/CNC.
However, if you still wish to carry your positions in BO/CO, you many do so at a certain cost.
You need to exit your open BO/CO positions and at the same time enter counter positions in NRML/CNC, all at once… provided you have sufficient margin.

Hope this helps!
Regards,
Mangesh

No you can’t convert your BO/CO order position into NRML.
Do read here about this: Cover Order Bracket Order

please advice me how to convert position from cover order to delivery if have sufficient funds.

And the question is only for kite web version…

Hi @sudheermishra1982 sir you cannot change it to any other order if the order is executed as cover order .for more detailed information please visit https://m.youtube.com/watch?v=v4Buda7v-dY

Cover orders and bracket orders are special order types, since they have stoploss orders as a part of them. They are designed to operate as intraday orders only as they have multiple legs in the same order. A BO has an entry, target and stoploss order. A CO has an entry and stoploss order.

Allowing position conversion for their entry position would mean that position conversion should be allowed for the target and stoploss orders as well, which is not possible.

Allowed position conversions:

Equity: MIS to CNC, CNC to MIS

F&O: MIS to NRML, NRML to MIS

1 Like