I have a sell stop loss market order at ₹16. In a day the price moves from 15.95 to 16.05 skipping the 16.00 mark. Will my stop loss be triggered? Question is whether the stop loss market order trigger logic is ‘at the trigger price’ or ‘at and above the trigger price’?
Sell Stoploss Market order will trigger at trigger price or below, as this is market order, your order will be executed at best available price in the market. You can learn more about Stoploss orders here.