My stop loss orders are all getting rejected if i place a random trigger and limit price which is quite different than the current price of the stock (lets say 15% difference).
What is the acceptable price range for the trigger and limit price ?
In below example if i put the trigger price as 15 and limit as 17, it gets rejected (though it is a buy order).However 38 as trigger and 39 as stoploss works !!
Also should this range (whetever is acceptable) be within the current NSE value or current bid/ask price?
The rejection message that shows in your screenshot is that the trigger price cannot be greater than or equal to the price for a Buy SL order.
This is because for a Buy SL order, the order has to be triggered first before the price is reached.
If you have placed a trigger of 15 and a price of 17, then it is a valid Buy SL order.
There is no limitation on the range between Trigger and Price for a SL order as long as these prices are within the circuit limits of the scrip for the day.
