Comment on Stop Loss orders - Limit/Market

Peter commented on 22 Feb 2015, 07:45 PM

Can someone clear my doubt, I am still confused about SL-M and SL-L, I am using ZT web based system.

Assume, I got 9000CE at the price of RS 190, after some time say after 10 minute, same 9000CE price becomes RS 205, I actually want to sell it at RS 215, if I place SL-L order with trigger price RS 203, and price RS 215 will it execute my order ? whether trigger price always should be less than purchased price ?

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