How to add stoploss, after buying the equity as market order in ICICIDirect

[sam1233]

Dear All,

I have bought stocks through ICICIDirect, using Market Order, since I do not have patience to wait for "limit order with stop loss" to execute. Now I am scared, what if the market crash suddenly, I did not put stop loss. How to add to that executed order? some of those stock are already in my demat account.

Any one have experience with this in ICICIDirect.com?

Thanks

Sam.

 

[karvy]

Dear All,

I have bought stocks through ICICIDirect, using Market Order, since I do not have patience to wait for "limit order with stop loss" to execute. Now I am scared, what if the market crash suddenly, I did not put stop loss. How to add to that executed order? some of those stock are already in my demat account.

Any one have experience with this in ICICIDirect.com?

Thanks

Sam.

If you have bought shares and they are in your demat a/c , you can place a limit sell order with stop loss for the same number of shares. But you have to place this order everyday because the order is only good for the day,

 

[sam1233]

Thank you very much... It is really helpful.. i appreciate it.

 

[karvy]

Thank you very much... It is really helpful.. i appreciate it.

most welcome