How to sell a stock on a specific price but if that price don’t reach keep the stock?
Suppose I bought a stock at price 50 and some fine day I want to sell only if it reaches at 56 else keep the stock and I can try it some another shiny day…
Can you so it step by step how to do in Zerodha Kite app?
If you want to sell a stock from Holdings, then you have to place a Sell CNC order.
In your case, you have to place a Sell CNC order with Limit price = 56. Assume you place this sell target order of 56 today and if the price doesn’t reach, then your open order is cancelled by the exchange at the end of the day. If you wish to place this target order tomorrow, then you’ll have to place a new sell order. Good till cancelled orders are still unavailable at Zerodha.
Do let me know if you still have queries.