There is nothing wrong in it...last traded price is 61.8 and you want to sell @ 50.5...so naturally you become the Best seller...so price is naturally triggered..
I suppose you had bought it and if you wanted to place a stop-loss order it should be at a higher price than 61.8 at least ..so rather you need to put a stop loss at somewhere above 65/66/67...depending on how much you are willing to loose...and if you are in profit..you can modify the trigger price and exit....
So there is nothing wrong in it...for putting a stop-loss for your buy order the stop-loss should be naturally above the last traded price at the minimum
Regards and Happy Trading:thumb:
Hi, I am totally confused now.
Please explain how to place the order for the call
Buy @ 54, target 75 Stop loss 44
I have purchased @54, now i want to place a stop loss @ 44 and increase SL by 5 points when ever the price goes up by 5 points.
So in this way the SL is always lessthan the LTP otherwise it becomes Limit order and if market crashes i will be in trouble.