I want to figure out which API to use for following requirement. I want to short a NIFTY Call option say 11800CE as MIS order. Before shorting, I check its LTP. So for example, if the LTP is 100rs, I want to place a STOPLOSS BUY order for Rs 175.
I tried it with CO order. The order got placed, but was rejected with reason that "The stop loss trigger price is beyond the allowed range of 20%." So, for this requirement, can I place 1 Market order for SHORT and 1 SL LIMIT order for long ?