Comment on Stop Loss orders - Limit/Market

Nithin Kamath commented on 08 Jun 2014, 12:41 PM

1. Yes you are correct, you need to use a buying SL order
2. Yes you are correct, you need to use a selling SL order
3. When you have bought 10 + 10 stocks, your account will have 20 stocks at an average price of Rs 120. There will be no way possible for you to differentiate which was bought at what price. So in your example, since you want to sell 12 shares, you just have to place a limit/market order to sell at whatever price you wish.

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