A bracket order in Angel One is a special kind of order where three orders are placed at once – one is your main order to buy or sell a stock, the second is a target order to book profit, and the third is a stop-loss order to cut your losses. Once the main order is executed, the target and stop-loss orders are activated automatically. This helps you plan your trade with fixed profit and loss levels.

How Does a Bracket Order Work in Angel One?

In Angel One, when you place a bracket order, you first enter the price at which you want to buy or sell the stock. Along with that, you set your target price (to book profit) and stop-loss price (to limit loss). After your main order gets executed, the system automatically places the target and stop-loss orders. If either the target or stop-loss is hit, the other gets cancelled. This makes your trading automatic and safe.

Why Should You Use Bracket Orders?

Bracket orders help you trade smartly. They protect you from big losses by setting a stop-loss, and also help you book profits automatically. You don’t have to keep checking the market. It saves time and reduces emotional decision-making. This is perfect for intraday traders who want to manage trades quickly and efficiently.

Can You Use Bracket Orders for All Trades?

Bracket orders are mainly used for intraday trading. In Angel One, they are not available for delivery trades. You can use them during market hours only. They are ideal for fast trades where you want to enter and exit on the same day with fixed targets and limits.

Are There Any Extra Charges for Bracket Orders?

Angel One does not charge any extra fee for using bracket orders. You just pay the regular brokerage charges that apply to your trades. This feature is free to use and helps you control your trades better with no added cost.