For stops, how to decide the range incase i am punching an SL-L order? Basically, how many rupees difference should one have between price and trig price?

Trigger price should be higher than or equal to the SL price. For example if you have bought a stock @ 100…and you decide the SL to be 95, then your trigger price has to be a price somewhere between 95 and 100.


What I usually do is observe the Best 5 Ask and Bid rates for sometime and understand how close the liquidy or spread is.

After that I decide to set some gap between trigger and limit price, such that my quantity will mostly within that range.

Hope it helps!

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