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 a Buy Trigger-Limit order, you set it above the current market price, and for Sell orders, you set it below the current market price with a specific range.
Placing a Trigger-Limit/Stop-Limit Order on Fyers Web:
Select the Scrip:
- Order Details:
Buy Example: If Ms. Y, a FYERS client, wants to buy HDFC shares with a Last Traded Price (LTP) of 2237.95 and wishes to set the buying price at 2238 (above the current market price), she should set her Buy Trigger Order at 2238 and the limit price at 2238.05.
Note: Kindly double-check the details before placing an order to avoid potential mistakes.
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 trigger order/stop-loss market order in Fyers Web?
Placing a trigger order, earlier known as a Stop order or Stop-loss market order, allows you to set a specific price point for executing your trade. Let's delve into the process: Buy Trigger Orders: Set above the current market price. Sell Trigger ...
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 Trigger Order/Stop-Loss Market Order in Fyers App
A trigger order, commonly known as a stop order or stop-loss market order, allows you to set a specific price for buying or selling. Specifically, buy trigger orders should be placed above the current market price, and sell trigger orders should be ...
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 ...