Comment on Bracket Orders & Trailing Stoploss (SL)

Nithin Kamath commented on 24 May 2014, 11:40 AM


1. If you place a limit order to buy at a higher price then the market price, it will get bought at whatever the market price. If you want to buy only above 7314 when market is trading lower, you need to enter using a SL order with trigger at 7314. Check this post on SL.

2. I guess you were using trailing SL, when you use trailing SL, if the order gets executed in parts it will go to the exchange as different order numbers. Since we charge based on executed order numbers, it will be charged separately. If you were charged Rs 120, I guess it is on 6 executed orders. As of now if one order is executed in multiple trades, there is no extra charge, but if there are multiple executed order, it will be charged separately, atleast for now. Will keep you posted on this…

View the full comment thread »