Thanks netman. I understood the idea from you said. I baught it in delivery method only. If the stop loss order gets executed, would the limit order be canceled automatically?
If TWO opposite orders are placed for same scrip the
orders will cancel each other.But in case of Futures
this can be done in this way.
1.Take a lot of Nifty futures in one direction.
2.Take 2 or 3 lots of Minifty (40 or 60) in
opposite direction.
In place of Minifty ,you can choose the other month
futures ,but they will create a bit confusion.