Barcket order margin below limit

[Litan_Swain]

@Sanjayy_Mahadik

As sbi Lot Size is 3000 and you have stoploss rs: 3.00,your maximum loss will be 9000.As you have told that you are using bracket orders it will never give the loss of 30000 which you are thinking that may arise due to technical failure of the trading terminals or stock exchange problems.

You will loss only 9000 what ever may be the condition.if such case happens you do not have to bear loss.

This type of case happens when buying or selling in market order not in limit orders.

you can record in your computer camera while ordering it will will help you for extra precaution.

Another interesting fact is that stock exchange always takes the full price of the stocks that margin paid by the brokers.

i think it will help

[Sanjayy_Mahadik]

is their any solution or precautions for this kind of situation

[Lakshmikanth_Jadhav]

As BOs in Zerodha is a SL-M order, once there is a gap up/down, the order is filled at the prevailing price. However if it is a SL order with a trigger price and limit price and the gap up/down price is beyond the limit price, the cover order should be manually put in. This is my understanding with SL orders.

[Lakshmikanth_Jadhav]

So it is always safe to use SL-M orders