auto execution of stoploss

atulaw

Active Member
#1
Hello people,

I am new to the whole trading business. Been reading some threads and gathering infos. There are some really good articles and how-tos in this forum.
Much appreciated.

I use reliance money as my online broker. Not into intraday trading so easytrade is good enough for me.

I just have one query. If I bought some equity say for Rs500, How do I put a stoploss of Rs475 that should be auto executed when the price hits that level without my intervention. Even if this happens after 15 days.

Also I should be able to change this stoploss amount at any given time with uptrends.


Does reliance money allow this future order placing? If not, is there a system where I get notified instantly when the price reaches certain level? (Rs780 in this case) I know moneycontrol sells you sms alerts for Rs100/mo, but something free perhaps? :D
 

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