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.


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    • 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 ...
    • Can I place BO/CO orders in the Options Segment?

      With effect from 27th September 2021, the Bracket Orders and Cover Orders have been disabled for the Options Segment in Fyers. As a result, you will not be able to use the BO/CO in the options segment (Refer to this article)​
    • What is the effect of a market order?

      Market orders usually get executed immediately at the best prevailing prices in the market. The investor will not know the exact price at which the order will get executed while placing the order. For instance, let’s assume that the LTP of ABC stock ...
    • 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 ...
    • What is the effect of a limit order?

      Limit orders get executed only at the specified price and will remain pending until that price is reached. Sometimes, these orders may not get executed at all.