BO query


Yesterday I placed BO SELL order in DHFL at 238.3 with Target of 47.65. But Target was revised to 26.15 automatically. ( i think it's because of circuit limit in DHFL at that time).

Let's say my position is still open, do i get chance to increase the target before new circuit limit opened?
  • sujith
    You may have to modify the price of the target order to achieve this.
  • krtrader
    Hi @sujith

    when I can modify the target order? until new circuit limit opened, I can't modify the target right?

    Let's say LTP is 200 and circuit limit band is 190 and 210.
    I executed BO SELL at 200 and kept target as 10.
    Now when can I increase the target?
  • sujith
    Yes, your order modification request will be rejected if the circuit limit is not revised. So you can only modify after the new circuit limit is published by the exchange.
  • krtrader
    When new circuit limit is published by exchange?

    I guess once current limit is passed then only new limit is published. is it?
  • sujith
    Yes, you can check that value on the NSE website.
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