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?
| Situation | Details |
|---|
| BO or CO not visible in the order window | BO 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 entered | The order will not get split into multiple BO/CO legs. It will execute as a single order. |
| Execution price variation | Execution 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
Related Articles
How to Place Smart Stop-loss and Target Orders on FYERS
Bracket Orders (BO) and Cover Orders (CO) have been replaced with Smart Stop-loss and Target orders. This feature allows you to define risk-management and profit-booking levels while placing an order. Smart Stop-loss and Target orders are OCO (One ...
What types of orders can I place using Quick Trade in FYERS?
Quick Trade on FYERS Trader lets you place orders quickly without opening the regular order window. When enabled, you can place Market orders directly using Buy/Sell and Limit orders by selecting a price from the Depth of Market (DOM). You can also ...
How To Place and Modify Stop-Loss and Target Orders in Scalper on FYERS App?
Stop-loss and target orders in Scalper on the FYERS App can be added and modified directly from Charts after execution or preset before placing a trade. Scalper allows risk management to be handled from the same chart screen. Stop-loss and target are ...
What Are Regular, Smart Stop-Loss, and Target Orders in FYERS?
At FYERS offers different order formats to help you place trades based on your entry, exit, and risk-management needs. You can use Regular orders for standard buy or sell trades, while Smart Stop-Loss and Target orders help you define exit levels in ...
How do I place stop-loss and target orders in FYERS Option Scalper?
In FYERS Option Scalper, you can add stop-loss and target levels directly from the chart. Once your order is executed and the position line appears on the chart, you can use SL (Stop-loss) and TP (Target) to place exit orders without opening the ...