FAQs for Bracket Order

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 at Rs. 100, with a spread Rs. Book profit at 104 and you will get 2


Type of order: Trailing stoploss order

Current Market Price: 100

Purchase Price: 100

Spread: 2

Book Profit: 104

The system will automatically calculate the stoploss price: (100-2) =98

Your stoploss order will be trailed once the order has been traded at 100. See table below

Stock price100101102101100.5102103104
Order Trailing Stoploss9899100100100100101102
Book Profit104104104104104104104104

What is bracket order?

What does spread mean?

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

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

What can happens if price reaches the stoploss trigger price?

What happens when the price reaches the book profit price?

What happens if I start trailing at a price higher than the market?

What can be the validity of Bracket orders?

Can Bracket order be done in all exchanges?

Are Bracket order available for both cash and futures segment?

Can we place our sell orders with Bracket orders?

Are any addition charges there for Trailing Stoploss facility?