How to place a target order for an open position in FYERS?

How To Place a Target Order for an Open Position in FYERS?

If you already have an open position, you can place a Limit order to book profit at the price you choose. A Limit order ensures that the exit happens only when the market trades at your target level. You can place this order from the Positions section on both FYERS App and FYERS Web.

On FYERS App

  1. Go to Portfolio → Positions.
  2. Tap the position you want to exit.
  3. Tap Sell for Buy positions or Buy for Sell positions.
  4. In the order window:
    • Check the quantity.
    • Choose Limit as the order type.
    • Enter the Limit Price you want as your target.
  5. Tap Sell or Buy to place the order.

On FYERS Web

  1. Go to Portfolio → Positions.
  2. Click the position row to open the details panel.
  3. Click Sell for Buy positions or Buy for Sell positions.
  4. In the order ticket:
    • Confirm the quantity.
    • Select Limit as the order type.
    • Enter your target Limit Price.
  5. Click Place Order to submit the target order.

When to use different order types

Order TypeUse Case
MarketUsed to exit immediately at the best available price.
LimitUsed to set a target exit price for booking profits.
TriggerUsed to place a stop-loss that activates once the trigger level is reached.
Limit orders remain pending until the market trades at the selected price. Only one exit order, either a target or a stop-loss, can remain active for a position. Placing one cancels the other.

What If

ScenarioSolution
Position not visibleConfirm the position is still open and that you are checking the Positions tab.
Order does not executeThe market has not reached your Limit Price. Check the order status in the Orders tab.
You want to modify or cancel the orderGo to Orders and use Modify or Cancel for that order.
Market order was placed instead of LimitIf the order is still pending, cancel it quickly and re-place it as a Limit order.

Last updated: 23 Jun 2025