Comment on Bracket Orders & Trailing Stoploss (SL)

Sreedhara Murthy commented on 11 Jun 2014, 10:24 PM

Supposing I place a Bracket Order for Nifty 7700 Call Option Jun 2014 @ Rs.84/-, Target Rs.94/- Stop Loss Rs.80/-, Trailing SL 20 ticks (1 point). My question is when the Trailing SL will be triggered. Whether for trigger to get activated, it has to fall till the Stop Loss of Rs.80/- or nearer, In case the rates go on increasing from the entry point till Rs.90/- and starts falling down, will my profit of Rs.6/- (earned upto Rs.89) is protected?

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