Comment on Bracket Orders & Trailing Stoploss (SL)

Nithin Kamath commented on 28 May 2014, 04:02 PM

Yes everytime Nifty moves up by 5 points your SL will go up by 5 points. After this move, Nifty has to again move by another 5 points upwards before your SL is modified higher.

In your example when Nifty moves to 7406 nothing happens, but if Nifty goes to 7410 your SL automatically become 7400.

Hopefully clarifies

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