Bracket order in zerodha !
Bracket order is a cover order type where you create first'buy and sell at market price profit booking with Stop loss from a single order panel.
What are bracket orders(BO) and how to used than? Bracket order is a type of order. When you can order a new position along with a target/exit. And a stop loss order. As soon as main order is executed the system well place two more orders (profit taking and stop loss) get executed the other order will be get cancelled automatically.bracket order are assentially a
go orders.Bracket order can be used only for intraday trades. All bracket order will be sequred off automatically at 318 pm.BOs aren't allowed on BSE stocks stock options currency options and MCX.Entry with bracket order can be long use not limit or loss and also step loss orders based on triggeds .you can also used atrailing stop loss.This means that if the contract/stock moves in your direction (position becomes profitable) by a paticular number of tricks the short loss will be go up/down based on if you are long or short investment.Automatically.if you are using the trilig stop loss .you'll not be able them!
go orders.Bracket order can be used only for intraday trades. All bracket order will be sequred off automatically at 318 pm.BOs aren't allowed on BSE stocks stock options currency options and MCX.Entry with bracket order can be long use not limit or loss and also step loss orders based on triggeds .you can also used atrailing stop loss.This means that if the contract/stock moves in your direction (position becomes profitable) by a paticular number of tricks the short loss will be go up/down based on if you are long or short investment.Automatically.if you are using the trilig stop loss .you'll not be able them!
