How to Place a Bracket Order on Fyers Web?
Bracket Order (BO) is an innovative intraday trading product that allows traders to place the main order alongside a simultaneous stop-loss and target order. This ensures efficient trading and minimizes risks. Placing a bracket order on the Fyers platform is straightforward:
Steps to place a Bracket Order:
Access the Buy/Sell Panel: Navigate to the Buy/Sell panel on the Fyers Web.
Select Order Type: Click on the 'Buy' option.
Enable Bracket Order: Check the 'BO' box.
Determine Order Preference: Choose your desired order type (e.g., Market or Limit).
Input Stop-Loss: Designate a stop-loss amount to protect your position.
Place the Order: Click on 'Buy' to submit your Bracket Order.
Post Order Execution:
Note: By default, Bracket Orders are set for intraday trading.
Related Articles
How to place a Bracket Order in FYERS 2.0 App?
A bracket order is an intraday order which is one of the trending products in the capital markets. It helps you manage your risk and trade efficiently. You can place a bracket order in FYERS and keep a check on your trades on the charts effortlessly. ...
How to place Cover Order on Fyers Web?
A Cover Order is a unique intraday order, coupling an initial order (be it Long or Short) with a pre-defined stop-loss order. By setting a stop-loss, you inherently protect your position from potential severe market downturns. Here's a simple guide ...
How to place a market order on FYERS Web?
A market order is placed to buy or sell stocks and investments at the best available price in the market at a particular time. You can place a market order in Fyers, effortlessly: 1. Go to the scrip you wish to place an order in and click on the Blue ...
How to place a limit order in Fyers Web?
A limit order is an order placed at a particular price. Buy Limit orders are to be placed below the current market price & Sell Limit orders are to be placed above the current market price. Go to the scrip you wish to place an order in and click on ...
How to place Stop-Limit/Trigger-Limit order on Fyers Web?
A Trigger-Limit/Stop-Limit Order, formerly known as a Stop-limit order, allows traders to specify an entry or exit point in the market at a defined price level, with a range. It combines the features of a limit order and a stop order. When you place ...