Comment on Stop Loss orders - Limit/Market

Nithin Kamath commented on 11 Nov 2015, 04:51 PM

You didn’t tell me what the current price of the stock is. Assuming it is between 800 to 803, u just place a MIS AMO buying limit order at 800 and sell limit at 803.

If it is trading below 800, you place a AMO SL-M buying order with trigger at 800, and sell limit at 803.
IF trading above 800, you place a AMO SL-M selling order with trigger at 803, and buy limit at 800

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