Comment on Stop Loss orders - Limit/Market

Santhip Balakrishnan commented on 05 Aug 2017, 05:04 PM

Hi I’m using Zerodha kite, I’m short in silver future say @ 39000 and price moved down to 37000,. Now I want to place Stop Loss & take profit target to save my profit. I need to know if I can place SL-M order now @ 38000 and take profit target @ 36000. Kindly help me how this can be done.

Should I place Buy Limit order for 36000 from Exit Order to take profit target &
After this I should place second order for Stop Loss by clicking Exit order and select SL-M and enter amount 38000 (So that even if price bounce back i hit 38000 , i will be in profit.)

Thanks,
Santhip

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