Frequently Asked Questions

What happens when the price reaches the book profit price?

Book profit orders will be traded, and stoploss orders will automatically be cancelled.


What can happens if price reaches the stoploss trigger price?

The Stoploss order will be activated once the price reaches $1000. Your position will then be equalized at the current market price. The book profit order will be automatically cancelled.


What happens if the market falls after a BUY or RESELL order?

The stoploss order trigger price won't change, it will stay the same. There will be no change in the stoploss order trigger prices, and Book Profit Order will not change.


What happens if the market price rises after you place a BUY or SELECT order?

After maintaining the spread between market price and stoploss trigger prices, the price of the trigger price for stoploss will rise. Book profit order will not change.


What does spread mean?

Spread is the difference between market price and stoploss order trigger prices.


How will it work?

You wish to purchase stock at Rs. 100, and to reduce your loss, you can place a stoploss order Rs.2 lower than LTP. You want to book profit at Rs. 104 You can do this by placing a buy order …


What is bracket order?

A bracket order is a combination between a stop loss order to reduce loss and a book profit or order to take profits. This order is placed in the same form as the main order. https://www.kotaksecurities.com/ksweb/faqs/Equity/Bracket-order


What if my position needs to be renegotiated?

In order to square off your position, you must first cancel Trailing Stoploss in order to avoid duplicate trades.


Is there an additional charge for Trailing Stoploss?

All online clients have access to the Trailing Stoploss facility without additional charges


What is the maximum spread possible?

Maximum spreads vary according to scrip LTP. They cannot exceed the Scrip's daily trading range.


Can someone place sell order with Trailing Stoploss?

Yes, Trailing Stoploss orders can be used to place sell orders


Are Trailing Stoploss orders available in the futures and cash segment?

Yes, Trailing Stoploss orders are available for futures and cash.


Are Trailing Stoploss orders available on all exchanges?

Yes, you can place the Trailing Stoploss Order on both exchanges. NSE / BSE


What can be the validity trailing stoploss orders?

Trailing Stoploss orders are valid for one day only.


What happens if price reaches the stoploss trigger price?

Your position will be squared at the current market price once the Stoploss trigger price price is reached.


What happens if the market falls?

The Stoploss order trigger will not change if the market falls. The stoploss order trigger will not change.


What happens if the market price rises?

The Stoploss trigger price will rise if the market price increases. This will occur after maintaining the spread between the stoploss trigger and market prices.


What do yo mean by spread?

Spread is the difference between market price and stoploss order trigger prices.


How does it work?

Let's say you want to purchase a stock at Rs 100. You would like to place a stoploss order at Rs.2 or less in order to lower the loss. You can do this by placing a buy order at Rs. …


What is a trailing Stoploss?

A Trailing Stoploss Order allows you to place stoploss orders. These will be adjusted as stocks move. This will be done by maintaining a spread (above/below) that was defined when placing the order. You can reduce your loss in the …