loader2
Partner With Us NRI

Ask us Anything

Choose the category to find the help you need

  • A B M International Ltd
  • Agro Phos India Ltd
  • Airan Ltd
  • Nifty Alpha Low-Volatility 30
  • Nifty Alpha Quality Value Low-Volatility 30
  • Apollo Sindoori Hotels Ltd
Back
Order Placement

Order Placement

What are the details required to be given to place a cover profit order?
The details for a cover Profit order are as follows: a. Exchange b. Stock c. Action (Buy/Sell) d. Quantity e. Order Type - Limit f. Price The first 5 values would be automatically picked up from the Fresh order details. The Cover Profit order Limit Price value is required and can either be entered by you or there is a link named "Calculate" available which would facilitate you in calculating the Limit price and would automatically appear in the Limit Price field based on the minimum difference % for the stock between the Profit Limit Price compared to the Stop Loss Trigger Price (SLTP). If the Profit Limit price is entered by you then the value for limit price needs to satisfy the minimum difference % between the SLTP and Profit Limit Price. Note: In case of Profit limit order is entered by you which may be greater than or equal to minimum difference % as set out by I-Sec then such % will be calculated on the price at which trade has been executed and not on the SLTP.