Comment on Bracket Orders & Trailing Stoploss (SL)

Nithin Kamath commented on 21 Apr 2014, 12:52 PM

1. Tomorrow when you start trading stocks which are of smaller value, say for example Unitech, 1 point will be almost 6% of stock price, so ticks will be useful then.

2. Buy BO at 6807, Target 43 points and SL 10 points, this will place target of 6850 and SL of 6797. If Nifty goes to 6809, SL will trail to 6799. If Nifty comes back to 6807, the SL will stay at 6799, and when it goes to 6809 again, it will stay at 6799.

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