How will it work?

You wish to purchase stock at Rs. 100, and to reduce your loss, you can place a stoploss order Rs.2 lower than LTP. You want to book profit at Rs. 104 You can do this by placing a buy order at Rs. 100, with a spread Rs. Book profit at 104 and you will get 2

Example1

Type of order: Trailing stoploss order

Current Market Price: 100

Purchase Price: 100

Spread: 2

Book Profit: 104

The system will automatically calculate the stoploss price: (100-2) =98

Your stoploss order will be trailed once the order has been traded at 100. See table below
 

Time	10:00	10:00	10:30	10:00	11:00	11.15	11:30	11:45
Stock price	100	101	102	101	100.5	102	103	104
Order Trailing Stoploss	98	99	100	100	100	100	101	102
Book Profit	104	104	104	104	104	104	104	104