Comment on Stop Loss orders - Limit/Market

Akshay.A commented on 18 May 2017, 08:28 AM

Ravindranath,
1. CMP will be considered as the best limit sell price and the sell order will execute at CMP.
2. Same as 1. If the trigger price of a sell SL-M order is greater than CMP that would mean it’s already triggered. Now a sell market order will be sent and will execute at CMP.
3. Use buy limit order to place buy orders below CMP.
4. Use a buy SL-M order to buy above CMP. The buy market order will execute only when the trigger price is reached.

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