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Angel One Malayalam Robo Order live demo | How to place ROBO order in AngelOne |Harry Equity n Sales





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Angel One Malayalam Robo Order live demo

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Robo Order
A Robo order is a multi leg order used in intraday trading which allows you to place 2 more orders along with an initial order. This order type can be used to book profits at specified target prices as well as to minimise losses at a trigger price. Robo orders can be used for both buy and sell orders.

Case 1: If the initial order is a Buy order, then both the target and Stop loss orders will be Sell orders.

Case 2: If the initial order is a Sell order, the other two orders will be a Buy orders.

Placing a Robo order, investors can save time, book profits as well as minimise losses.

For instance, you want to buy shares of the Company XYZ at ₹.1,000 and want to book profit at ₹.1,050. However, you fear that the price might drop drastically if it falls below ₹.990. So, to counter this you place a Robo order with:
– An initial Buy order at a limit price of ₹ 1,000
– A Sell order with target price at ₹.1050
– A Stop loss Sell order with trigger price at ₹ 990.
Once the Limit order is filled and any of the 2 following orders is triggered and executed, the remaining order will automatically get cancelled.

In the above case, if the Limit order at ₹ 1,000 is executed and the market moves in favor of the investor and hits the target price of ₹ 1,050, the Target order is triggered and executed, the Stop loss order will be automatically cancelled.

The Robo order also comes with a unique feature where the client can trail his losses to minimise his losses and generate the best returns out of every trade. Suppose in the above order if the client places a Trailing Stop Loss order of ₹1;whenever the stock price of XYZ goes up by ₹ 1, the stop loss also goes up by ₹1. However, the stop loss remains unchanged if the price goes down.

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4 Comentários

  1. നോർമൽ ഓർഡറിൽ ഇൻട്രാ ഡെ ചെയ്താൽ stoploss ഉം target ഉം സെറ്റ് ചെയ്യാൻ പറ്റോ

  2. ജ്യോതിയും വന്നില്ല….!
    തീയും വന്നില്ല…!

  3. LTP 253 aavumbol buy chayan ulla limit price 255 ittalum order 253 el thanea order exicute aavileea ?