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How to put stop-loss order in ICICI Direct?

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ICICI Direct customers can place a stop-loss order in the ICICI Direct website or mobile app using the regular buy/sell order form. You just have to fill an additional field 'Stop Loss Trigger Price' in the order form and place the order.

A stop-loss (SL) order gets activated only when the set trigger price is reached. The SL order type is used to limit the loss of a position.

Example:

You buy a stock Rs 250 in the expectation that the price will go up. However, in the event the price falls, you would like to limit your losses.

You may place a limit sell order specifying a Stop loss trigger price of Rs 205 and a limit price of Rs 200. Once the last traded price touches Rs 205, the sell order gets converted into a limit sell order at Rs 300.

 

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7 Comments

7. Rohit Malavde  Jul 25, 2021 16:26 I Like It. | Report Abuse Reply
How do I set a "sell" at a higher price than what I have bought. Example I bought at 200/- and I want to set a 'sell' automatically if the price reaches 205. I know about SLTP that can be set to sell when the prices are going down. accordingly how to set in reverse? This question is specifically to do this in ICICI Direct.
6. Sanjeev Kumar  Nov 30, 2020 10:08 I Like It. | Report Abuse Reply
It is not possible to put stop loss in ICICI direct.
As per my experience
6.1. suresh sharda  Jul 9, 2021 07:18 I Like It. | Report Abuse
i agree with u bro.
5. Anil khurana  Jun 29, 2021 07:43 I Like It. | Report Abuse Reply
If I have to buy shares in cash at a limit price alongwith stop loss and also profit order with target price ,how to do (not for intraday).
Is it possible in one transaction.
4. Hate Icicidirect  May 28, 2021 11:56 I Like It. | Report Abuse Reply
for stop loss, icicidirect has very bogus system. They are not changed their system after many complaints. So I diverted to trade in zerodha
3. ARUN LAHAMGE  Jan 23, 2021 18:16 I Like It. | Report Abuse Reply
how to put stop loss to existing portfolio stocks
3.1. shamsundar  Apr 22, 2021 09:25 I Like It. | Report Abuse
How to put stop loss to existing portfolio stocks
3.2. Sathyanarayana  May 4, 2021 22:01 I Like It. | Report Abuse
Supposing I have purchased a stock option or nifty at 250 & putul for sale at say 300. But Iam afraid that instead of market moving up & starts falling, I want to trgger the stop loss at say 230. I tried it in icicidirect. It shows that Sl cannot be less than sale price. How to do this?.please.
2. Vinod goyal  Oct 27, 2020 16:38 I Like It. | Report Abuse Reply
But we palce the order stoploss system send msg.the stop loss price not lower than last traded price in buy order. Example iwant buy 1000share in mrgin at 100 limit price.and stop loss 96 .but system send upper msg.to me.please suggest
2.1. ak barbhuiya  May 1, 2021 22:36 I Like It. | Report Abuse
I can not put stop loss in icicidirect trading both fno as per the rule provided in the icicidirect website, so I have to incur losses very often, can anybody please guide me in this regard.
1. TV LAKSHMANAN  Jul 9, 2020 22:08 I Like It. | Report Abuse Reply
How did you suddenly arrive at Rs. 300 to sell?
1.2. RAKESH KUMAR MISHRA  Oct 20, 2020 22:58 I Like It. | Report Abuse
I should be read as ₹200
1.3. Sunil Pamnani  Mar 11, 2021 10:54 I Like It. | Report Abuse
YES THE SAME I THINK ACTUALLY ITS A MISTAKE
HE WAS GOING TO WRITE 200 BUT BY MISTAKE HE WROTE 300