Comment on Trading Q&A

DM0969 commented on 10 May 2014, 10:42 AM

Hi Nithin,

I have one question based on the below scenario for intraday trading

Lets say in a live market, Yes Bank is trading @ 448 now, But I want to buy only above 451. How Can I place a buy order in my Nest terminal when the price is at 448 but it will get triggered only at or above 451?

Yesterday I accidently stumbled while trading in MCX, but not checked in cash market. I am not sure it its the correct way?

I.e. To achieve the above scenario what if I place the below order

Buy Order
Order Type = SL-M
Prod Type = MIS
Trigger price = 451

Later in the day I can sell as

Sell Order
Order Type = Limit
Prod Type = MIS
Price = 454


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