Can somebody explain here why the Trigger price has to be less than the buy limit price?
If I want to place a buy order at a price less than the current market price then how can I place the trigger price less than the buy limit price?
If the scrip is trading currently at 831 and if I want to buy at 820 then how can I place the trigger price less than my limit buy price?
How will the trigger price hit before the buy limit price?
Ji,
For what you’re trying to do, you don’t need the “Set trigger price” option. Just tick the Limit box, set it at 820, and add a Stop Loss/Target if required.
Your buy order will only execute once the price reaches 820, which works as both the trigger and entry price.
Was this the solution you had in mind, or were you thinking of something different? In the explanation I provided, the margin is blocked immediately because the order is sent to the exchange right away.
However, I am not sure whether the margin also gets blocked when the ‘Set Trigger Price’ option is selected, since in that case the order remains with the broker and is only sent to the exchange once the trigger condition is met.
Placing a Super Order with “Set Trigger Price” works the same way as a normal Trigger Order — the Trigger Price must be above the LTP, and the Limit Price should be above the Trigger Price.
If you want to place an order below the LTP, simply choose Limit Order under Super Order. Your order will be placed and will execute once the market reaches your desired price.
@Brishide Yes, the margin is blocked as soon as you place an order with “Set Trigger Price”, since the first leg of the order goes to the exchange immediately. Only your target and stop-loss remain pending on our server until they are triggered.
urgent need to add point for sl and tgt for option
Hi @kanhaji,
Could you please share more details about your requirements so I can assist you better?
i want ki aap super order mein currently abhi % dalne ki facility hai mein chahta hoon ki aap usme point daldo let say mujhe 20point sl chahiye and tgt 80point chahiye
Hi @kanhaji, we have noted your suggestion to enable Target and Stoploss in a points basis for the trade plan and super order tab.
also give the feature of remembering last quantity and sl % and tgt % or sl point and tgt point.
