Say, I have a stock trading at 150 currently. I want to buy it at market price when it goes up to 160. When I buy it at 160, I want to set an exit target at 170 and a stoploss at 150. Is there any way I can specify these conditions for entry, exit and stoploss without waiting for the price to reach my intended entry point?
One more question. Can a similar functionality be accessed for delivery trades? I get that I can manually set two exit triggers (one each for the target and stoploss), but is there a way to get one automatically cancelled when the other is triggered?
You can use At Price indicator for this strategy on Streak to enter in a price range and exit based on profit target and stop loss from trigger notifications generated. Bracket orders are not available at this point on Streak.
You can use Streak, to clear a simple at price strategy in Streak.tech which will alert you with a limit buy sell window of your desired price.
You can deploy this as a CNC strategy, then it will be tracking this continuously for as many days you want(till you stop the strategy)
I was trying to do the same yesterday for INTRADAY (Wanted to place a buy order on trigger of 5 points above the CMP, with a target of 20 points and stop loss of 10 points below the ordered price). As mentioned in the main thread, Bracket order can be used. But Bracket orders seems to be have been blocked.
This kind of requirement / feature will be very useful for working people who cannot continuously keep track of the trading screen. Is there any other way in Zerodha? Please suggest.