Need guidence!(Online Trading)

#1
hi guys,

I am beginner, I have A/C with reliance money. Can u guys please clarify my doubts..:confused:

suppose the Market value of xxx company is currently at 105.

I have three options to enter in
a) limit price
b) stop loss trigger price
c) protection %

Case 1: Buy -order type - limit
Price of the stock is decreasing from 105. I want to buy stock when it
reaches 100. So, what should be the limit price , stop loss trigger price
and protection %.

Doubt: what is the need of stop loss trigger price in buy order.

case 2: sell -order type -limit
Price of the stock is increasing form 105. I want to sell stock when it
crosses 110. So, what should be the limit price , stop loss trigger price
and protection %.
 

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