After I enter into a trade (intraday) I do not want to look at the charts. I have to mention stoploss and target in the system and wait for either one to hit.
If I place sell stop limit order, Kite isn’t allowing to place the sell limit order (SL-M). So I have to wait infront of the system until my target is hit and modify the sell stop limit to sell limit.
Is there no option to put both the trades at the same time?
Hi @abh15h3k
You can try the GTT OCO order. It’ll help you place stop loss and trgt at once and the other side gets cancelled once one either of it gets executed.
I havent done this in a long time, but a target and stop order against an entry order used to be allowed.
For target orders, you use plain limit price only.
You will still have to cancel the other order if one is filled. To manage that look at post above ( GTT) or do it yourself. GTT orders from what i understand are not always on exchange, but could be wrong - have not yet used them.