What happens if u exit an order in between?

Trading
1

Hello Friends,

Suppose i have submitted a BO order and after gaining some profit, i see that the price has started going against my direction. Suppose till now neither the Target nor the SL has been hit. I exit the order manually. Will there be any problem ? What in case the order was CNC ? Please suggest…

Regards

2

No problem, You are allowed to exit your open BO manually during the trading time. After manual exit, the rest of the order legs get cancelled automatically.

BO is a MIS product, CNC order type not supported under BO

3

@portfolioplus911 Thanks bro… yes i know BO is a MIS product. My question was that if the order was CNC and if i had done the manual exit, then would there be any problem ?

1 Like
4

Hi,

Then you will be doing intraday trading and the brokerage will be charged as per intraday brokerage.

Thanks