Modify Order - Stop Loss to Market Order

Sandeep_Prakash

I want to mimic the Bracket Order scenario for BankNifty Options.
If I'm not wrong, I cannot place 2 Stop Loss orders (one for SL and other for Target) due to Margin requirements, I will have to modify the trailing SL to Market order as soon as the target price is reached.
Can you please clarify if a SL can be modified to Market order.

Sandeep_Prakash

@sujith Can you shed some light on this please?

rakeshr

You can use the GTT OCO order.

Sandeep_Prakash

@rakeshr Isn't this for GTT order? Can the GTT order be used for F&O?

SRIJAN

Yes,gtt can be used for derivatives too.