What is Bracket order?

What is Bracket order?


A bracket order is a special type of order where you can enter a new position on intraday orders with extra exposure along with protection through target exit and a stop loss order.  It helps to limit your stock and lock in the profit. Through BO, you can place three orders at once. Once the main order is executed the system will place two more orders. As soon as one of the two orders is executed, the other order will get canceled.




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