MIS Equity Stop Loss Multiple Orders on Same Scrip

Zerodha
1

could you please clarify the following with respect to MIS Equity Intraday?

  1. Is it possible to modify Equity MIS stop loss value for a scrip once after the order is executed as well as once after the averaging on the same scrip is done?

  2. When I buy the same scrip at different price on MIS and for each buy order I would be entering a different stop loss value which would not be same for each buy order. In that case, when all the same scrip having multiple buy orders are averaged, how the stop loss would be considered here? since I entered different stop loss for multiple buy orders on same scrip.

For example,
Company A 1000 shares @105/- Stop loss@95
Company A 1000 shares @100/- Stop loss@90
Company A 1000 shares @95/- Stop loss@85
Now I have 3000 shares at an average price of 100/- and my question is what would be the Intraday stop loss for 3000 shares at average price of 100/- ?

2

It’s possible to modify sl in Mis…
In ur second case of buying same scrips at multiple price… As u haven’t modified 1St orders sl at 95, it’s likely to get squared off and u would be left with 2000 qty instead of 3000 with their respective sl at 90 and 85… It won’t auto average buying price for sl case… Hope clear :grinning: