Comment on Stop Loss orders - Limit/Market

Nithin Kamath commented on 04 Nov 2016, 09:32 AM

Rajat, if you place a SL-M with trigger, it should work. Can you share a ticket number if you have, I will get someone to call you back. Let me reiterate, if market price is at 100, you want to sell (either fresh or exit buys) only if market goes to 95. In this case you have to place a selling SL-M order with trigger at 95. When market goes to 95 a selling market order is sent.
If you are using a normal SL order with trigger at 95 and say limit at 94.9, a limit order to sell at 94.9 is fired. This order can go pending. But SL-M orders will guaranteed execute.

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