Modify Order - Stop Loss to Market Order

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.
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