Stop loss triggered, but CMP was not never goes at that level

Deekshith · February 21, 2018, 3:46pm

Please see this I placed a stop loss order which got executed, but I don't see my stop loss price on any charts be it on NEST, NSE, Amibroker or any other chart?

Ketan_Sharma · February 21, 2018, 3:48pm

Exactly, do u have any idea about this and
who is responsible for this

VelmuruganSengottai · February 21, 2018, 3:59pm

not all the ticks are used to generate the OHLC charts …
days low according to nse site is 566.65 , but its not shown even in NSE chart …
infact in NSE chart , it doesnt show anything below 580 , but there is a spike at arnd 9.30pm

sushil_sirari1 · February 21, 2018, 4:43pm

Its algo bro stoploss eater algo…

VelmuruganSengottai · February 21, 2018, 4:51pm

whatever , but blaming zerodha is ilogical

sushil_sirari1 · February 21, 2018, 5:19pm

Bro I must say this BO CO concept is meant to make naked small retailer like us… And if this is not enough algos and these so called stock analyst who are paid by operators all always there
I remember last month one analyst on CNBC gave call to buy tamo at cmp which is 403 with target of 413 and SL 398 and after 15 min tamo went 397 for 2 3 min and than headed toward 410…

maddy_Des · February 21, 2018, 5:33pm

The problem with BO /CO is that it is a high risk trade in guise of money management. Look, it has stop loss!!!
It causes novice traders to eat bigger than mouth and lose.
It was clearly a Volcano pattern at 9:30. The one who knows would have recovered all the losses and made decent profits. But most of the time these newbie wannabies would be in Shock and PTST.

Menta_Sai_Kalyan · February 21, 2018, 6:07pm

No candle touches 566.55 or near to that but how can it be Low as 566.55

VelmuruganSengottai · February 21, 2018, 6:12pm

not all the ticks are used to generate the charts … in bse low is 569.35 …
surely there is a very sharp drop

Siba_Prasad_Sahu · February 21, 2018, 6:20pm

is there any technique to avoid this type trade??? i think we should avoid trading in high volatile stock where leverages are low …Am i right???

Lets_Invest · February 21, 2018, 6:37pm

https://www.nseindia.com/tv

You can verify your trade here at NSE.

amit_thakkar · February 22, 2018, 4:03am

I also had same problem long time back but never got a convincing revert from Zerodha

nithin · February 22, 2018, 4:04am

This is one of the most common queries, answered below

NeverMind · February 22, 2018, 11:54am

Stock Market!

subhu · February 22, 2018, 4:14pm

Dear Kethan,
Some errors cud have been avoided from your side

Never trade in side first 30 mins, during that time bid & ask gap wl be huge due to which stop loss get hit.
2.Tech M is not that liquid counter, fixing sl is not that easy.
3.If you want to trade , then take Sl + Bid ask gap which is not possible in first 15 mins to assume due to high volatility.
Hope you will be careful in future trade.

Regards

Siba_Prasad_Sahu · February 22, 2018, 4:38pm

How to know which stock is liquid counter??
3.How to calculate bid ask gap???
Please help me…

Ketan_Sharma · February 22, 2018, 5:17pm

Thanks for ur wonderful advice, actually I am a new trader, so that’s why didn’t much about this.
I will keep this thing in my mind

subhu · February 23, 2018, 3:47am

It’s simple in liquid stocks , bid and ask will be very close to each other.
2 Nobody can calculate bid ask gap, as said earlier after first 30 mins the gap so stabilize to some extent, then add approx value to your sl.
Hope you got the answer.
Regards

Umar · February 23, 2018, 5:28am

True, this is the algo at work.
New cases everyday.
Its always the small guy that gets burnt

tarakesh · February 24, 2018, 11:00am

Tick was there… FYI… (Global data feed+Amibroker)