How can stop loss in margin buy in ICICIdirect?

ICICI Direct customers can place a stop-loss order in the ICICI Direct website or mobile app using the regular buy/sell order form. You just have to fill an additional field ‘Stop Loss Trigger Price’ in the order form and place the order. A stop-loss (SL) order gets activated only when the set trigger price is reached.

Can we put stop loss in margin trading?

This is possible in both NRML and MIS product types. For example – assume, the available balance in your trading account is Rs 1 lac. You bought NIFTY futures at 11300 and the margin blocked is Rs 96000. Now, assume you want to limit your losses at 11275, so you place a stop-loss order at 11275.

How does stop loss works in ICICIdirect?

A Stop loss order allows the client to place an order which gets activated only when the market price of the relevant security reaches or crosses a threshold price specified by the investor in the form of ‘Stop Loss Trigger Price’.

How do I use trailing stop loss in ICICIdirect?

This feature allows you to place orders with auto-trailing stop loss facility where the stop loss price for your order would increase automatically with rise in market price. If the market rebounds downward, then your order will get executed as per the new stoploss price which would be a better price for your orders.

How do I set margin order in ICICIdirect?

Simply enter and save details of your favourite stocks in the Cloud Order section of your ICICIdirect.com and place orders in a click, using this feature.

Is a stop loss a limit order?

Stop-limit orders are a type of stop-loss, but at the stop price, the order becomes a limit order—only executing at the limit price or better.

How do I set up a stop loss order?

Go to the section of your online brokerage account where you can place a trade. Instead of choosing a market order, choose a stop loss order. Enter or scroll down to the price at which you would like to place a stop loss order. Relax.

How to place a stop-loss order in ICICI Direct?

ICICI Direct customers can place a stop-loss order in the ICICI Direct website or mobile app using the regular buy/sell order form. You just have to fill an additional field ‘ Stop Loss Trigger Price ‘ in the order form and place the order. A stop-loss (SL) order gets activated only when the set trigger price is reached.

How to place a Stop Loss (SL) order?

You just have to fill an additional field ‘ Stop Loss Trigger Price ‘ in the order form and place the order. A stop-loss (SL) order gets activated only when the set trigger price is reached. The SL order type is used to limit the loss of a position.

What is the difference between disdisclosed quantity and Stop Loss order?

Disclosed Quantity cannot be less than 10\% of the order quantity. A Stop Loss order allows you to place an order which gets activated only when the market price of the relevant security reaches or crosses the specified price. The price specified is the Stop Loss Trigger Price.

What is the exposure given by icicidirect for margin trading?

The exposure given by ICICIdirect is applicable only for intraday trading. Delivery trades doen’t have margin facility. To convert intraday trades using margin to delivery trades, you need to pay the total trade value. While placing a margin order, you need to choose a Square off Mode.