Does HDFC Sky allow Bracket order?

Yes, HDFC Sky offers bracket order (BO) facility in app and website.

Bracket order is an advanced intraday order to place a buy or sell order along with a target and stop-loss order all together. Intraday traders with a clear entry point with a set price target and stop loss price in mind should place a bracket order to place all orders in one single order.

Steps to place a bracket order in HDFC Sky app;

1. Log in to HDFC Sky account.
2. Add the scrip to the market watchlist.
3. Tap on Buy/sell option.
4. An order window will be displayed on the screen.
5. Select intraday order and product type as “Bracket order”.
6. Enter price at which you want to execute intraday buy or sell order.
7. And also enter your target price and a stop-loss trigger price. You can put it as a % or in prices.
8. Based on stock price movement, target or stop-loss order will hit.