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SL order did not close at trigger price

abhishek01
abhishek01 in General
I had given a SL order:

("exchange"=>"NSE","price"=>109.9,"access_token"=>"xxxxxx","disclosed_quantity"=>953,"validity"=>"IOC","order_type"=>"SL","tradingsymbol"=>"BGRENERGY","quantity"=>953,"trigger_price"=>116.6,"api_key"=>"yyyyyyy","transaction_type"=>"SELL","product"=>"MIS")

The order was successfully completed. But it did not close automatically at the mentioned trigger_price. And it caused me loss beyond expectations.
  • Kailash
    Kailash
    Once the order is placed at the exchange, the execution is beyond the purview of API. Can you send an email to [email protected] with the order ID of this particular order?
  • nithin
    nithin
    This looks like a Stoploss order with a limit price and not a SL-M order. With a normal Stoploss order, a limit order is sent when trigger hits. This doesn't guarantee execution if limit order is not filled. Check this link to see the difference between SL and SL-M
  • abhishek01
    abhishek01
    Oh thanks a lot @nithin for that input.
  • abhishek01
    abhishek01
    Oh thanks a lot @nithin for that input.
This discussion has been closed.