can we put stoploss at or below 10 ticks specially while trading in equity in low price share ie 10-20 rs share???
Yes, 10 ticks = 50 paisa…What’s the harm? You can definitely put a SL at that level… but 50 paisa on a Rs.10 stock is 5% and 2.5% on a Rs.20 stock. It would depend on whether the stock moves in that range or not.
At this point of time 20 ticks or 1 absolute points stands as minimum.
Hope zerodha will work out on this.
You can use cover orders, in which this restriction is not there.
But you need to manually exit cover order once you are in profits.
Margin and leverages are same as Bracket Order.
but i have read that it is minimum absolute 1 point or 20 ticks in tutorial about bracket order by nitin sir , so are u sure about this or plz go to zerotha.com and search for bracket order n read the tutorial by nitin sir, that is the only reason i m confused for using less stop loss. plz reply. thanks