Basics of Stop Loss Order :-
Buy : Market Price < Trigger price < Order Price. (Trigger price entered should be greater than the market price)
Sell : Market Price > Trigger price > Order Price. (Trigger price entered should be lesser than the market price
market price is ...existing price of scrip at that time
trigger price is ... stoploss trigger ..at this price your order is pushed into market...means your order is placed.
order price is the price at which you will buy the scrip back to square off.
remember trigger price ..is nothing but a signal to place your order when price is touched at trigger value with order price ...so your buying price is order price .
suba
Buy : Market Price < Trigger price < Order Price. (Trigger price entered should be greater than the market price)
Sell : Market Price > Trigger price > Order Price. (Trigger price entered should be lesser than the market price
market price is ...existing price of scrip at that time
trigger price is ... stoploss trigger ..at this price your order is pushed into market...means your order is placed.
order price is the price at which you will buy the scrip back to square off.
remember trigger price ..is nothing but a signal to place your order when price is touched at trigger value with order price ...so your buying price is order price .
suba
The above reply by Suba is very clear to the effect, how the buy order or sell order should be placed. Is your doubt cleared ?
Wish you happy trading,
instaalert