Placing a Stop loss order simply means limit your risks or loss by placing a sell order automatically when your stock reaches a certain price level.
Steps to place stop-loss orders in Sharekhan
- Login to the Sharekhan website, mobile app, or Trade Tiger.
- Add your favorite stock to the watchlist.
- Place trade order of your choice (buy or sell)
- Select “Stop-loss” and enter the trigger price at which you want to place a stop loss (SL) order.
- Confirm the order and you’ve successfully put SL order.
