Trending on advisory tips in Zerodha

Zerodha
1

There is confusion when I recieve tips from advisory like below

LTP - 100
buy above 105, target 110 SL 98
So how I can place order when LTP reached to 105 and it automatically get triggered in zerodha in Indraday MIS. So that I can trade in margin amount.

Right now I need to observe the trade continuously and if there is 2-3 tips it is difficult to manage.

And most important by the time LTP reached 105 and I am trying to place order market price already reached to 108-109.

2

You need to place a STOP LOSS BUY LIMIT order with trigger and price at 105.

The target and trade stop-loss needs to be placed separately after the position is opened.

ONLY, Some brokers provide a LIMIT entry Bracket Order , which would be useful in this case.

3

One rule = Never follow advice from tipsters

Don’t bother what their SMS reads.

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