Placing a Bracket Order on Fyers Web

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:
  1. Access the Buy/Sell Panel: Navigate to the Buy/Sell panel on the Fyers Web.
  1. Select Order Type: Click on the 'Buy' option.
  1. Enable Bracket Order: Check the 'BO' box.
  1. Determine Order Preference: Choose your desired order type (e.g., Market or Limit).
  1. Input Stop-Loss: Designate a stop-loss amount to protect your position.
  1. Place the Order: Click on 'Buy' to submit your Bracket Order.
Post Order Execution:
  • Once executed, the active position will be displayed on the platform's chart.
  • Modify Stop-Loss: Adjust the stop-loss manually by dragging the 'Sell Stop' marker on the chart to a new price point.
  • Manual Close: To close the position prematurely, simply click the 'x' on the chart. This action squares off your position based on the market's prevailing rate.
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 smart limit order on Fyers Web?

      To place a Smart Limit Order on FYERS Web, follow these steps: Select a scrip and go to Buy/Sell. In the order window, find and click on the 'Smart' tab to access advanced order types. Choose 'Smart Limit Order'. Enter the required inputs: Quantity: ...

    • 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 ...

    • How to place a Cover Order in FYERS?

      A Cover Order (CO) is an intraday order where you place a buy or sell order along with a mandatory stop-loss. This helps manage your risk by automatically limiting potential losses. Steps to place a Cover Order on FYERS: Select the scrip from your ...