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My Cover Order(CO) stoploss/target order is missing and I see another position which I didn't take. Why is this?

In scenarios where you have placed a Cover Order(CO), your stop loss/target may be left hanging as an open/modify/cancel pending due to connectivity issues.

This open CO position will either have to be squared off by our RMS team on request, or you can take a counter position in MIS to mitigate the risk.

Whenever, our RMS team squares of your hanging CO position, they do it by placing a counter order using the NRML product type. In such scenarios, you will see another position for which you didn't place the order manually.

This will show up under your 'positions' under day's history. This position will nullify the hanging CO position. You do not have to take another trade to close this NRML position.

Note: Cover orders are not allowed across F&O segments, since additional leverage is not provided for CO on index options. To know more, click here .