limit order combined with stop loss order

[chimera123]

Hello,

I am relatively new to trading and actually playing with a software called Tradingblox.

Tradingblox generates orders based on predefined buy/sell logic.
I do have a question regarding order execution, below pictures shows following information:

http://www10.pic-upload.de/09.12.12/mkyv2d1o4vxd.png

Shown orders are for the next day (EOD), all orders are Limit orders that includes a stop loss as well.

To my question:

Is there a way that I can place a limit order including a stop loss? To be specific, when the order gets filled I want to make sure that there is already a stop loss in place.

thanks for helping on this
abcplot

 

[Klewtar]

I enter a separate order as a stop loss order. I don't think the Indian exchanges allow the entry of limit orders along with stop losses.

 

[real gold]

i wanted to do that as well , many times i p[ut a limit order and go out , i want a stop loss to be there in case my limit order goes through , sharekhan dosent have any such option , i have below a video of a trader in the uk who places a buy order and stoploss order at one go , i dont know what trading platform he is using but it looks simplified.

http://www.youtube.com/watch?v=_KaDWkz1ooY&feature=player_embedded

 

[TraderRavi]

what we need is "target price order + SL order" ......one cancels the other.....may be its called bracket order..........but indian exchanges should allow this basic facility......

 

[puretech]

what we need is "target price order + SL order" ......one cancels the other.....may be its called bracket order..........but indian exchanges should allow this basic facility......

In today's online trading format OCO order facility is badly needed. This is simply a safeguard mechanism for the small investor. I wonder why this is not allowed by exchange in the name of algo?