Zerodha, I am one of your newbie customer and I am extremely happy with your service.
I do need a specific help with the NOW Online app. How do I place a stoploss-market and a stoploss-limit order in NOW Online ?
Say I buy a PUT for 200 and I want to sell it automatically if the premium drops to 190. How should I tell NOW Online to place a
1. A stoploss to be activated if premium drops to 190 and a market order to go out.
2. A stoploss to be activated at 190 and a limit to go out (say for 185).
OTOH if the premium moves upto 220 and I want to sell the PUT, should I first manually cancel my outstanding stoploss ?
I am looking for a descriptive answer and hopefully you will tell me what to click, what values to select etc etc