Is it compulsory to choose a Cover "Profit Order" while placing a Future Plus Stop Loss order?
No. Cover Profit order under FuturePLUS Stop Loss is an optional facility and can be placed only after the position is created from FuturePLUS Stop Loss open positions page. This cover profit order facility is provided to help you book profits on your FuturePLUS Stop Loss position in favourable market conditions without having to continuously monitor the markets.