Can we place 2 Bracket orders for both BUY and SELL in Bank Nifty futures?

[rahulxdd]

I have a couple of doubts that I want to clear. I’ll be thankful to those who give a minute to answer my query.

I want to know is it possible to place bracket orders for both buying and selling in Bank Nifty Futures and also in Bank Nifty options at the same time?

[portfolioplus911]

@rahulxdd

I want to know is it possible to place bracket orders for both buying and selling in Bank Nifty Futures and also in Bank Nifty options at the same time?

Buying stock from one terminal and selling the same stock from another terminal at the same time...!

Hey, Yeah that’s a pretty cool way of getting this job done. Each bracket order will be treated as an independent order. It will not interfere with any other order placed. You can place a Buy BO and a Sell BO at the same Limit price with your respective targets and stoplosses. Do let us know how this 2 way BO strategy works for you today.

[vivek]

it could mean circular trading, which is illegal: Is it illegal to place 2 opposite futures orders in the same underlying?