To place a bracket order in Angel One, open the app or website, select the stock, choose 'Buy' or 'Sell', then pick 'Bracket Order'. Enter quantity, limit price, target price, and stop‑loss price. Review and confirm—the order will execute with both a profit target and stop‑loss in place.
How to Place a Bracket Order in Angel One?
1. Log in to the Angel One app or website.
2. Search and select the stock you wish to trade.
3. Tap 'Buy' or 'Sell'.
4. Choose 'Bracket Order' option.
5. Enter the quantity and limit price.
6. Set your target price (profit level).
7. Set your stop‑loss price (loss cut‑off).
8. Review everything.
9. Tap 'Confirm' to place your bracket order.
What Is a Bracket Order?
A bracket order places three linked instructions together: the main order to buy or sell at your limit price, a profit-taking target, and a stop‑loss. When one of the exit orders triggers, the other is automatically cancelled. It helps you manage risk and secure profits in one go.
Why Use a Bracket Order?
Using a bracket order means you set clear exit points for profit and loss. It removes emotion, ensures disciplined trading, and helps you avoid watching the screen constantly. This order type is ideal for traders who want automation and safety in fast-moving markets.
Bracket Order vs. Regular Order: What’s the Difference?
With regular orders, you place buy/sell only. No auto exit. Bracket orders include both stop‑loss and target. They offer more control and automation but need careful input. Choose bracket orders if you want defined exits.
Are There Any Charges for Bracket Orders?
You pay the usual brokerage, exchange fees, and taxes. Angel One does not charge extra for bracket orders. But margin over leverage may apply. Always check before you place the trade.
Can I Modify or Cancel a Bracket Order?
Before execution, you can modify your limit, target, or stop-loss by going to 'Active Orders' and selecting 'Modify'. You can also cancel the bracket order. After any part executes, the rest adjusts automatically.
When Is a Bracket Order Executed?
The main order executes when your limit price is met. After that, either your target or stop-loss will execute. The non-triggered exit order gets auto cancelled. This ensures you don't end up with two orders running.
Can I Use Bracket Orders in Intraday?
Yes, bracket orders are typically for intraday trades. You must close all legs by end of trading day. Angel One may auto‑square positions before market closing if needed.
Who Should Use Bracket Orders?
Bracket orders suit traders who want automated exits and have clear targets. If you use technical analysis, set stop-loss and target levels, bracket orders help you trade smartly with less stress.
Tips for Using Bracket Orders Smartly
• Choose realistic target and stop‑loss based on stock movement.
• Don’t set stop‑loss too tight.
• Ensure sufficient margin in your account.
• Monitor market news before placing.
• Modify or cancel if plans change.
These practices help you use bracket orders effectively.
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