How to place a stop loss order on Arihant Plus
Stop loss limit order or SL order gets placed on exchange when the trigger price set by you is hit in market. Once triggered, it acts like a regular limit order.
You can add a stop loss to your regular order.
Step 1: Click on Buy/ Sell to open the order pad of the desired security
Step 2: In the top navigation pane, click on "Regular order"
Step 3: Enter the quantity and the price. (The market price is automatically selected, if you want to place a limit order, click on "Custom Price" and enter the price. You can also choose the price from market depth)
Step 4: Click on advanced options, and on SL (Stop Loss Limit order) Enter the stop loss trigger price and your custom limit price
Ensure it is within the specified range
Step 5: Click on Buy / Sell to place the order
Step 6: If you have set up a review screen, you will need to confirm the order before it gets sent to the exchange.