How will orders execute with Stop-loss and Target?

How will orders execute with Stop-loss and Target?

Earlier, some order formats were referred to as Bracket Order and Cover Order. These are now replaced with Smart Stop-loss and Target in the order window.

Orders placed with Smart Stop-loss and Target will not get split into multiple BO/CO legs. The order will execute as a single order based on the selected order details and prevailing market conditions.

Order execution with Stop-loss and Target

  • When you enter Stop-loss and Target values in the order window, they are applied to the same order setup.
  • The order will execute as a single order and will not be divided into multiple BO/CO legs.
  • Execution depends on the selected order type, available bid/ask quantity, market liquidity, and volatility at the time of order placement.
  • The final execution price may still vary depending on market conditions, even though the order itself does not split.

Change from BO/CO

  • BO and CO are no longer shown as separate order types in the order window.
  • You can now enter Stop-loss and Target values directly while placing the order.
  • The Stop-loss value helps define the price level to limit potential loss if the market moves against the position.
  • The Target value helps define the price level to book profit if the market moves in favour of the position.

What If?

SituationDetails
BO or CO not visible in the order windowBO and CO are no longer shown as separate order types. Use the Smart Stop-loss and Target fields in the order window instead.
Stop-loss and Target values enteredThe order will not get split into multiple BO/CO legs. It will execute as a single order.
Execution price variationExecution may still vary based on market liquidity, bid/ask availability, volatility, and the selected order type at the time of execution.

Last updated: 12 Jun 2026