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Motilal Oswal Stop Loss Order
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Motilal Oswal is a full-service broker thus provide research tips toĀ its clients that helps them to minimize the risk of trading. But apart from this, you can make the efficient use of the Motilal Oswal Stop Loss order to reduce the chance of loss especially in the intraday trading.Ā
Before moving towards Motilal Oswal stop-loss order let us understand the stop loss in brief:
A request for stop loss is made by investors or traders to purchase or sell a certain stock when the stock arrives at a certain price. An interruption is intended to reduce the loss of an investor in a security position.
In short, the command is automatically executed to ensure that you keep track of your deals all the time. It is also a defense against unfair losses.
To have a seamless trading experience you can download the Motilal Oswal mobile trading app. You can directly select for the advanced order type under which you are provided with the stop loss order type option.
How To Place Stop-Loss Order In Motilal Oswal Mobile App?
To execute the stop loss order type fromĀ Motilal Oswal mobile trading app you have to download the app and then have to apply for the stocks in which you are interested.
Letās go step by step to understand how to execute Motilal Oswal Stop Loss order:
- Initially, the trader has to open Motilal OswalĀ Demat account.
- Click and fill out the form with the Open Demat Account button.
- You can either download the form to process offline or opt for the online account opening process.
- Fill the details, and the account opening details and login credentials will be sent to you via email.
- You can use the credentials to login to the trading platform.
For placing the Motilal Oswal stop loss order from the trading app, follow the following highlights.
- After logging in the app, you will get the āSnapshotā as a default screen.
- Now select a stock in which you want to invest. Fill up the designated space with accurate information as shown in the following picture.
- Now, you could choose the option stop loss from the same place from where you filled the Limit order or Market order.Ā
- Now you could adjust the quantity on which you want to apply stop loss. Choose the Trigger price and the Limit price as shown in the picture.
- Now, click on āPlace Orderā and your Order will be placed with the stop loss.
No doubt, with the advance trading app one can easily place the stop-loss order, but what’s more important is how to calculate stop loss to prevent yourself from losses.
So, do a proper analysis and define your stop loss at the right price point.
ConclusionĀ
The segments in which the trader could be willing to sell his stocks are equity, commodities, currency, and derivatives.
In addition to that, Motilal Oswal helps to invest in IPOs and mutual funds. BSE, NSE, and MCX trading are available at Motilal Oswal.
Multi-asset trading is supported, anytime and anywhere, by the Motilal Oswal mobile trading app.
Motilal Oswal stop loss order could save the traders from being in the loss. Before letting the stocks to go into loss stop-loss will itself execute the order whenever the price will come to your stop-loss priority.Ā
To open the account without any hassle, fill in the basic details in the form below and the callback will be arranged for you.
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