can Anyone explain why i am getting this error why buying options in nifty in bracket order…?
Like, Option Price :- 155
Target :- 200 Ticks[around 10 rupees]
Stoploss :- 100 Ticks[around 5 rupees]
If you are using Bracket Order or Cover Order, here is the specified range for stop loss leg :
- Cover Order : Min 0.25% & Max 80% away from the entry price
- Bracket Order : Min 0.25% & Max 80% away from the entry price
Just make sure you are choosing the right transaction type for entry order. If your entry is long, stop loss is a sell leg.