Kotak Securities - How to place Stop Loss order?
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Suppose I want to buy a stock (current price 100) but also want to set a stop loss that it can automatically be sold if stock price falls below (90). How do I set the stop loss in Kotak Securities?
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If I select SL-LMT order and enter trigger price as 90, I am unable to place the order. Error: "difference between trigger price and limit price should not be greater than 3%"
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What am I doing wrong?
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Make it 97. And it will help