How to place Stop-loss order in Espresso Sharekhan?

A stop-loss order is particularly designed to limit your losses in the stock market. Espresso Sharekhan customers can place either a Stop-loss market or a stop-loss limit order.

Steps to place SL-MKT (stop-loss market) order in Espresso:

1. Login to the Espresso web or app.
2. Add the scrip to the Espresso watchlist.
3. Click on the “Buy” option.
4. Under the “CNC” product type, click on the “SL-MKT”
5. Enter the share quantity and the trigger price.
6. Tap on the “Place order” option to successfully place the order.

Steps to place SL-LMT (stop-loss limit) order in Espresso:

1. Login to the Espresso web or app.
2. Add the scrip to the Espresso watchlist.
3. Click on the “Buy” option.
4. Under the “CNC” product type, click on the “SL-LMT”
5. Enter the share quantity, price, and the trigger price.
6. Tap on the “Place order” option to successfully place the order.