How to place Bracket Order in FYERS?

How to place Bracket Order in FYERS?

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.

The procedure to place the bracket order is as follows:

1. Click on the Buy option of the Buy/Sell Panel > Tick the checkbox of the 'BO' option > Select the order type as per your preference > Enter the Stop loss > Click on Buy to place the order.



2. After execution of such an order, the position will show on the chart as below:



You can trail the Stop Loss by Drag and Drop option on the chart itself. All you have to do is drag the 'Sell Stop' order to the price as per your requirement.

3. If you want to manually close the position, all you need to do is click on the 'x' option available on the chart. The position will be squared off at the prevailing market price.


Note:

1. By default, BO is an Intraday order.
2. Due to the regulatory restrictions, the Bracket order has been disabled for the Options segment.
    • 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 a market order in FYERS 2.0 App?

      Placing a market order in the 2.0 is simple and effortless, as explained below: 1. Go to the scrip you wish to place an order in and click on the Buy or Sell button as highlighted below for the order panel to pop up: 2. Enter the desired quantity, ...
    • 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 GTT order in FYERS 2.0 App?

      GTT, a.k.a. Good Till Trigger, is an order valid for one year. GTT orders are placed to avoid any abrupt rise/fall in the prices of your holdings. At FYERS, you can place two types of GTT orders: Single: In this order type, you can place an order to ...