What is the effect of Bracket Order (BO)?

What is the effect of Bracket Order (BO)?

The investor can specify his/her profit expectation as well as the maximum risk that he/she would be willing to incur in a single order.


    • Related Articles

    • What is a Bracket Order (BO)?

      It is an order which enables the investor to place two orders simultaneously. 1) The price at which he/she would sell the investment to book profits, 2) The price at which he/she would sell the investment to reduce losses. For example, suppose MR.X ...

    • Why does my Bracket Order target change automatically on FYERS?

      When you place a target that exceeds the Limit Price Protection (LPP) level, the system automatically adjusts your target to the upper limit of the LPP. This prevents your order from being executed at an unintended price. For example: You place a buy ...

    • Why did my CO/BO order get executed at different price points?

      Cover Order (CO) and Bracket Order (BO) are types of multi-legged orders that come with pre-defined stop-loss and/or target levels, alongside the main entry order. The execution of these orders is dependent on the available Bid/Ask in the market for ...

    • Can I place BO/CO for options on the FYERS platforms?

      Certainly! FYERS platforms support the placement of BO/CO orders for Index options. Although we previously suspended BO/CO orders for the Options Segment (from 27th September 2021 to 31st January 2023), we reinstated this feature for the Index ...

    • What is the effect of the trailing stop-loss order?

      This order enables the investor to state the maximum possible loss without sacrificing the profits. Such orders help investors to lock in profits if the share price moves in their favour as the stop loss price will automatically recalculate to ...