Auto calculation of limit price

The value for Limit Price of your Cover SLTP order will automatically appear in the Limit Price field based on the Stop Loss Trigger Price (SLTP) entered by you and minimum difference % defined for the particular scrip. You can view the minimum difference % for various scrips by visiting the Stock List page under Equity section.

Example: For a particular Stock XYZ, Minimum difference % between SLTP and Limit Price = 2;
You enter SLTP = Rs. 100/-,

  1. If Fresh order is Buy then Limit Price of Rs. 98 = (100-(100*2%)) will automatically appear in the Limit Price field of Cover SLTP order
  2. If Fresh order is Sell then Limit Price of Rs. 102 = (100+(100*2%)) will automatically appear in the Limit Price field of Cover SLTP order

Please note that during order entry Limit Price would be auto-populated and would be uneditable. However, during modification of Cover SLTP Order (2nd Leg Order), limit price would be auto calculated and you can modify the limit price as per your preference.