After pressing the F1 key on keyboard or by mouse you will see a blue order window was appear.įirst select the Product type if you wanna place this order for intraday then select MIS in Product window but you wanna carry this position over night then select CNC. So first we bought the SBIN Stock at the current market price by right click on the SBIN stock or by pressing F1 key on keyboard.
So suppose that you bought a SBIN stock at the current market price (183.50) and you wanna place a selling stoploss at the the price of 180 Rupee’s. So I not loss more than my loss bearing capacity. So by placing this stoploss I only loss 2 Rupee’s per share not further more. So whenever the price of that stock decline at 98 or below the stoploss order is gonna activate and send to the exchange. So in this example I bought a stock at the price of 100 Rupee’s and also wanna place a selling stoploss at the price of 98 Rupee’s. You place your stoploss according to your trading strategy or bear loss capacity. So by placing stoploss you can limited your losses for further decline.
So suppose that you wanna buy abc stock at the price of 100 Rupee’s but you should also feared about declining the price of that particular stock.
#Zerodha pi market order how to#
Placing a stoploss order in Pi is very simple and easy process but some peoples or beginner’s don’t know how to do it. In this article we would talking about how to place a stoploss order in Zerodha Pi.
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