KOTAK SECURITIES ORDER EXECUTION PROBLEM

Hi all,

I have a doubt regarding placing stop loss order in kotak securities.

I took a buy trade at 108 rupees and after executing buy order i put the stop loss limit order at 103 rupees but once i placed my sl limit order my trade is closed at 107rs at market price.

every time when i place the sl lim order my position is exited at market price. so kindly tell me what went wrong here whether putting small sl (which is only 5rs) or its brokerage end problem.

thank you.

must be placing lmt sell order frm watchlist instead of sl order

Like we need to select the strike which we bought from watchlist and from there we need to place sell order right?

if u do this thn system wl undrstnd tht u are creating a new position . place a sl order frm position tab instead of ordinary lmt order

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@Test_Mail

Consider this

You can use 103 as limit as well as trigger price, but my suggestion would be leave some room, so that order get excuted even in peak volatility otherwise…

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