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Q. What are bracket orders?
An advanced trading order type that is perfect for intraday trading is the bracket order (BO), which helps manage entry, target, and stop-loss in a single trade.
Steps to place a bracket order:
- First download and then log in to the “MoneySukh Pro” app.
- First, select a particular stock in which you want to make an entry.
- Then click on “BUY”.
- Now under the “Product” section, choose “BO”.
- Set the price type to “LIMIT”.
- Now enter the “Stop Loss” price as well as the “Target” price.
- And at last, click on “BUY”.