fyers web - target price setup and unable to sell positions

Traders Lounge
1

Hi All, newbie here,.. i did search for these questions, but no questions.. so here is mine -

  1. so i bought 3 stocks today, i tried to set “target” price for these stocks but i could not see options. pls suggest how to setup “target” price for stocks please

  2. when i tried to sell, i got errors. my sell order was Market - CNC type, sell order failed both on NSE and BSE.
    when i clicked “exit all positions”, it said:
    SCRIP LIMIT INSUFFICIENT BY 10 AND AVAILABLE QTY IS
    could you please suggest how should i sell the stocks, thanks.

3)when i try to buy a stock it said: “Stock Is In Trade For Trade Group And No Netting Is Permitted”..
please suggest whats meant by the “trade group” and i assume general public can not buy this stock, right

2 Likes
2

okies, i learnt something..

3)when i try to buy a stock it said: “Stock Is In Trade For Trade Group And No Netting Is Permitted”..

that was a T2T stock.. so, now the question is - how can i/we(general public) buy a T2T stock?

1 Like
3

If you Buy a T2T stock, you can only sell it after it is available in your demat account which is after 2 days from date of purchase. I know AFFLE is one such stock.

1 Like
4

so, i think “limit” order can be setup as either “target price” OR “stop loss”.. but not both.

someone please clarify, thanks.

5

No @GgFm4OIcwW a limit order cannot be used as a stop loss since it can only be set over your buy price(in case of a long position), it can be used to exit at your target levels. For placing seperate order as a stop loss, you need to place a “Stop” order. Try using bracket orders to simplify things.

1 Like
6

Thanks @ankit_singh .. I was still under confusion about bracket orders (I never imagined “take profit” was the “target” ).

and for future learners like me.. this one clarifies all doubts:

1 Like