Hi Guys,
I was having a position of ICICI option. I placed a super order today morning to sell it @7.10 with a trigger price of @7.05.
However, my order was sold at 7.10 but again got bought at 7.05.
Can anyone explain me what was wrong?
Thanks
Hi @Harish_Kumar3, we tried reaching you via call, but it went unanswered.
As checked, you had an existing stock option position and placed a short sell Super Order with a very small downside target of 0.05 points. Because of this, once the sell order was executed, the target leg got triggered almost immediately, which resulted in the position being bought back.
To avoid this in future for already existing positions, we recommend using a Forever Sell Order (OCO) to set your target or stop-loss.
If you’d like to discuss this in more detail, you can call us at 9930861000 during market hours.
Hi @Mohseen_Usmani - Thanks. Is it possible to place forever order from the positions?
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Forever orders can be placed from orders tab next to basket. @Harish_Kumar3