Question on Margin Trading.

#1
Hi All,
I like to trade in margin
I have 1 question.
Can we place 1 buy and 1 sell order of the same scrip,to minimize loss.
For example, if i buy icici 100 shares @600, i expect price to go up and place cover order @605. ( consider current price is 601)
but i still think price can go down hence i place new order by selling 100 Shares of icici @ 601. and will buy when price goes down.
i want these as two seperate order and not combination of two.
 

nareshch

Active Member
#2
Hi All,
I like to trade in margin
I have 1 question.
Can we place 1 buy and 1 sell order of the same scrip,to minimize loss.
For example, if i buy icici 100 shares @600, i expect price to go up and place cover order @605. ( consider current price is 601)
but i still think price can go down hence i place new order by selling 100 Shares of icici @ 601. and will buy when price goes down.
i want these as two seperate order and not combination of two.
a) @ 601 , You expect the price to go up and the same time you think the price will go down ?

b) What ever you do , the net result will be Rs1 profit for you excl.brokerage

( Buy@ 600 and sell@601)

Naresh
 

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