How to place trigger order/stop-loss market order in Fyers Web?
Trigger order (previously known as Stop order or Stop-loss market order) is placed at a particular price. The Buy trigger orders are to be placed above the current market price, and Sell orders are to be placed below the current market price. In other words, a Trigger order is placed to buy above the market price or sell below the market price.
Go to the scrip you wish to place an order in and click on the Blue (Buy) or Red (Sell) button as highlighted below for the order panel to pop up:
For instance, Ms. Y, a client of Fyers, wants to Buy HDFC (LTP 2227.20) at ₹2227.25, i.e., above the current market price, she needs to place the Buy Trigger Order at ₹2227.25 as shown in the image below:
On the contrary, if Ms. Y wants to place a Sell order at ₹2227.75 (LTP 2227.80), i.e., below the current market price, she needs to place the Sell Trigger order at 2227.75, as shown in the image below:
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