Comment on Stop Loss orders - Limit/Market

Mandar_1985 commented on 11 Feb 2013, 06:39 PM

Please clarify

If I have bought some shares @ Rs 100
If i m expecting up move, I will place a limit sale order with my target
But to be cautious I m putting a selling stop loss (SL-M) @ 95

Now suppose the stock has already touched low of 94 in that day before me placing stop loss order at 95, can i place a stop loss order at Rs 95? And will be accepted ?

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