How can we put stop loss in Zerodha in existing position?
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How can we put stop loss in Zerodha in existing position?
What are stop loss orders and how to use them?
- SL order (Stop-Loss Limit) = Price + Trigger Price.
- SL-M order (Stop-Loss Market) = Only Trigger Price.
- Case 1 > if you have a buy position, then you will keep a sell SL.
- Case 2 > if you have a sell position, then you will keep a buy SL.
Right after buying the stock, you enter a stop-loss order for $18. If the stock falls below $18, your shares will then be sold at the prevailing market price. Stop-limit orders are similar to stop-loss orders. However, as their name states, there is a limit on the price at which they will execute.
Can I place a buy and sell order at the same time in Zerodha?
Yes, you can, if you have positive cash balance. It is possible to place 2 orders of the opposite transaction type (buy/sell) in the same instrument, even if you don’t have the required margin for the 2nd order. This is possible in both NRML and MIS product types.
How do I place a sell order on Zerodha?
Steps to buy/sell Equity or Nifty Options in Zerodha
- Log in to Zerodha Kite website or mobile app.
- Add funds to your Zerodha account.
- Add desired Options to your market watch.
- Place a Buy order for the Option.
- Understanding the Options contract.
- Check for the execution of the order.
How do you place a stop limit sell order?
The stop-limit order will be executed at a specified price, or better, after a given stop price has been reached. Once the stop price is reached, the stop-limit order becomes a limit order to buy or sell at the limit price or better. This type of order is an available option with nearly every online broker.
How do you place a stop loss on holdings?
You can place a stop-loss order by selecting the stock from the watchlist or by selecting the stock from positions/ holdings. Once you select the stock you can initiate the stop loss order facility by turning on the ‘Trigger Price’ toggle button.
How do you place a buy and sell order together?
You can place a buy, market or limit, for a fill when the session starts, AND at the same time enter a stop, or/and a limit sell at a higher price. If you put on a stop loss below, and a limit sell above, specify OCO (one cancels other).
What is a stop-loss order in Zerodha?
As already mentioned, stop-loss order in Zerodha includes a stop-loss limit order, and a stop-loss market order. The former puts a limit to your probable losses and executes the order when your pre-set limit price is reached.
So for example, if you have bought a stock at Rs 100 and you want to limit the loss at 95, you can place an order in the system to sell the stock as soon as the stock comes to 95. Such an order is called as a Stop Loss, as you are placing it to stop a loss which could be more than what you are ready to risk.
What is the Zerodha square off time for intraday trading?
This simply means that you can place both Zerodha Intraday Trading as well as delivery “sell” orders on Zerodha Kite. Now, when you put a stop loss on your “sell” intraday order or MIS order, your stop-loss will be squared off as a buy order at 3:20 pm which is the Zerodha Square Off Time for intraday trades.
How to place SL-m order in Zerodha trader?
1 Go to Preferences… Ctrl + P on Zerodha Trader. 2 On Preferences, choose Order from the left side menu. 3 On Order, choose “Exchg Seg” drop-down on top. Choose the exchange you wish. 4 On the right side, under “Default Values” choose order type as SL-M. 5 Click Apply and OK.