Stopp Loss

[khan18]

Hi, i am very confused regarding stop loss. I dont no how to put stop loss in Share Khan. Please help me out for the below transaction:

My adviser told me to buy edu comp @ 550 and he told me to put stop loss @ 520. So, can you tell me how can i put stop loss @ 520 and limit price @ 550.

In my share khan account, the following items are there for buying, selling n short selling:

Share: edu comp
Qty: 100
Trigger price: (i dont no what is this)
Market price: Not Applicable
Limit Price: 550


Please: explain me in simple language...

Thank you
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[gnsrikanth1986]

dont know abt sharekhan....but goin by instinct, i'd reckon trigger price is the stop loss setup price

 

[khan18]

dont know abt sharekhan....but goin by instinct, i'd reckon trigger price is the stop loss setup price

SIR, can you tell me how can i use STOP LOSS in buying n selling shares....

 

[khan18]

Press F2, then in the trigger price put 520, in price put 519, then confirm order. This is stop loss.

suppose i have bought EDU Comp shares at Rs. 550. ok,

I want to sell these shares at Rs. 580 limit price.

But if the price is declining, what should i do. I dont want to make huge loss??

 

[khan18]

suppose i have bought EDU Comp shares at Rs. 550. ok,

I want to sell these shares at Rs. 580 limit price.

But if the price is declining, what should i do. I dont want to make huge loss??