Comment on Margins- 2 Exit orders for 1 position

Bhargav Mehta commented on 11 Apr 2017, 11:43 PM

Hi .i am using zerodha mobile app . from the above post what i understood is –
for option – lets say i bought tatasteel ce at 15 rs .now for stop loss i have to go to position and put sell the order with sl-m at 11 ..1)if the price go to 11 from 15 then stop loss will be trigger .
2) If the price goes on 17 then i will modify my sell order and exit at 17 ..am i right ??

For future – i will place 2 sell order ..1 for stop loss (from position)
2 nd for target price ( again from position or fresh sell ) .. ??

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