Suppose I am long in the following scrips on the following dates-
Trade 1 in SBIN 1 lot taken on 5.9.14
Trade 2 in ICICI Bank 1 lot taken on 6.9.14
Trade 3 in Tata Motors 1 lot taken on 7.9.14
Trade 4 in Maruti taken 1 lot on 8.9.14
Trade 5 in DLF taken 1 lot on 9.9.14.
I have total 5 open positions all taken on different days. Now my question is - on 10.9.14, if I want to punch a stop loss using basket order for all the above mentioned trades, how do I do it? Thanks!
You can use the Basket order facility to place SL/SL-M orders.
You’ll have to add the appropriate orders in the Basket and place the order. Select the order type as SL/SL-M.
There’s more explained here: http://zerodha.com/z-connect/tradezerodha/zerodha-trader-software-version/basket-orders-zt
You add all these contracts in a Basket Order as Stop Loss Limit orders and PLACE the order in one go.
If you need to modify the values, you can do it individually in the order book.