Comment on Stop Loss orders - Limit/Market

Nithin Kamath commented on 18 Mar 2015, 08:53 PM

You can use stop loss limit order. So keep your trigger at say 8869.9 and limit price at 8870. As soon as 8869.9 hits, a limit buying order at 8870 is sent to the exchange. IF the market jumps, your order remains pending. But remember that it remains pending and doesn’t get cancelled. Same thing vice versa for the sell order.

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