Comment on Cover Orders - For Higher Leverage

Yogesh commented on 20 Sep 2015, 11:50 PM

Dear Nitin,

Thank you for nice feature CO & BO.
It will be appreciated if Cover Order can be placed with Limit instead of Market, and for square off also (Take Profit).
Stop loss limit range will be calculated as : For fresh order – as per given range, for modification of order CMP to other side of range.
Ex. For XXX stock, CMP 145 & SL range is 105-125
So User can place order like : 1. BUY Limit: L 140, SL 110
2. BUY Market: CMP, SL 110
After Execute one of above, User can have option to modify SL between range of 105 – CMP
Suppose CMP is 150, Then User can able to modify SL between 105 to 150.
Finally in Exit Order, User can Place Limit Order (TP -Take profit) to book profit at provided level.

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