How to use effective stop loss in f&O

[suresh_hp]

I buy Nifty at 5900 and wanted to sell at 6000 and same time I need to place stoploss at 5850. How to do it. Do i need to place 1 buy order at 5900 and 2 sell orders at 6000 and 5850. Pl suggest.

[Morpheus]

@suresh_hp

I buy Nifty at 5900 and wanted to sell at 6000 and same time I need to place stoploss at 5850. How to do it.

By using Bracket order (BO).

@suresh_hp

Do i need to place 1 buy order at 5900 and 2 sell orders at 6000 and 5850. Pl suggest.

Yes, If not using BO.