Nest Zerodha- SL hit w/out price reaching the trigger price

Hi,

I went short on LTaug future @1486 on 01-08-2014 (Nest Zerodha) around 10:20am. Then I put stop loss buy order with trigger price of 1487.

My stop-loss got hit at 11:02am without price reaching 1487. I checked my charting software data (IBC) and also checked NSE tame charts. The maximum value that price reached between 11:00am and 11:05am is 1486. Infact price never reached above 1486 between 10:20 am and 12:30pm.

Any help will be greatly appreciated

Thanks
Anil

This is a very common scenario, what usually happens is your charting software is not as accurate to show low/high prices as the market itself. So sometimes the actual highs are higher and actual lows are lower than what charting says.

Same thing happens to me almost once a week.

At that time you should check the high price in your trading terminal.

you can check with Zerodha or if you are getting trade report from NSE to your mail u can confirm by that
Or u can go to NSE website to verify your trade.

I am a summing the trades did happen.
if yes then this is a good scenario where it shows that the NSE tame charts are inaccurate



Can somebody posts the LT august future chart for eSignal to check whether they did capture this.(5 min or 1 minute charts around 11 AM to 11:05 AM)

.

There is already higher high for the day.. not a good way to verify.

Checked the data table, but there also no where i am seeing the price touching 1487. Price touched 1487 at the time 12.50 pm.

But how it has happened I am not able to understand.

Hi,

uploading contract note pic

http://tradingqna.com/2492/placed-order-which-executed-price-charts-amibroker-other-chart

Check this...

Also it is best, if you ask query related to Zerodha on our thread itself