How to Place Stop Loss Order in Groww?
To place a stop-loss order in Groww, you are required to go to ‘Advanced Options’ for placing the order. Choose the SL (Stoploss Order) option and enter the trigger price of your choice. Placing a stop-loss order is possible with both delivery orders and intraday orders. Let’s understand in detail how you can set stop loss in both types of orders:
Placing Stop Loss Order in Delivery Order Through Groww
The following is the breakdown of how you can place a stop loss order in a delivery order using Groww:
Step | Action |
1 | Log in and select the stock |
2 | Open Advanced Options |
3 | Choose ‘SL-Stoploss Order’ |
4 | Set Stop Loss trigger price |
5 | Review and place order |
Steps to Place a Stop Loss in Groww For Delivery Order
The following are the steps listed that may help you understand how you can place a stop loss in a delivery order through Groww:
Step 1: Log in to the Groww website or the app. Go to the order cart and click on the particular stock.
Step 2: Then click on the ‘Advanced Options’ section in the top right corner of the screen.
Step 3: From the available choices in the ‘Advanced Options’ menu, click on the ‘SL-Stoploss Order’ option.
Step 4: Enter your desired stop loss trigger price.
Step 5: Review your order details, then click ‘Continue’ and submit your Stop Loss order.
Placing Stop Loss in Intraday Order Through Groww
The following is the breakdown of how you can place a stop loss order in an intraday order using Groww:
Step | Action |
1 | Log in to Groww (app or website) |
2 | Find stock and open order card |
3 | Enter the quantity of shares to buy |
4 | Set stop-loss price in ‘Sell Order’ section |
5 | Review and click ‘Place SL Order’ |
Steps to Place a Stop Loss in Groww For Intraday Order
To set a stop loss for intraday trading on Groww, you may follow the listed steps:
Step 1: Log in to your Groww account using the mobile app or website.
Step 2: Find the stock you want to trade and open its order card.
Step 3: Enter the number of shares you wish to buy in the quantity field.
Step 4: Look for the ‘Stop Loss’ field under the ‘Sell Order’ section and enter your desired stop loss price.
Step 5: Review your order details carefully, then click the ‘Place SL Order’ button to submit your intraday order with a stop loss.
By following the above-listed steps, this is how you can easily place a stop loss in delivery and intraday order using the Groww app or website.