Hi,
iam a newbie, and have few doubts about placing bracket orders with stop loss.
Like if the current market price of a share is 50 Rs, i want to go long and place a bracketed limit order at Rs 55. Now can i enter the stop loss price as Rs. 53.
But Rs 53, is above current market price.
It would be lot helpfull if someone could clarify on this.
thanx.
iam a newbie, and have few doubts about placing bracket orders with stop loss.
Like if the current market price of a share is 50 Rs, i want to go long and place a bracketed limit order at Rs 55. Now can i enter the stop loss price as Rs. 53.
But Rs 53, is above current market price.
It would be lot helpfull if someone could clarify on this.
thanx.
