Stoploss and use case

General
1

Hey,

I Buy nifty at 100rs with a stoploss at 75rs premium and the order is executed. I will enter sell order at 120rs order is pending.

1-Due to high volatility , nifty reaches 75 and stop loss is triggered.

What happens to my sell order?

2-Due to high volatility , nifty reaches 120 and sell order is executed what happens to stop loss?

2

You are using SL and Limit Orders for Target and Stop-Loss right? In this case you will have to manually cancel the pending order (if your Target is hit, Stop-Loss order will be pending, you will have to cancel it and if your Stop-Loss is hit, Target order will be pending, you will have to cancel it).

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