{"id":4111,"date":"2025-06-07T06:54:25","date_gmt":"2025-06-07T06:54:25","guid":{"rendered":"https:\/\/diznr.com\/?p=4111"},"modified":"2025-06-07T06:54:25","modified_gmt":"2025-06-07T06:54:25","slug":"margin-plus-order-in-icicidirect-how-to-set-both-stop-loss-and-target-price-margin-trading-plus","status":"publish","type":"post","link":"https:\/\/www.reilsolar.com\/pdf\/margin-plus-order-in-icicidirect-how-to-set-both-stop-loss-and-target-price-margin-trading-plus\/","title":{"rendered":"Margin-plus order in ICICIDIRECT ( how to set both Stop-loss and Target price) MARGIN PLUS TRADING"},"content":{"rendered":"

Margin-plus order in ICICIDIRECT ( how to set both Stop-loss and Target price) MARGIN PLUS TRADING.<\/p>\n

[fvplayer id=”610″]<\/p>\n

ICICIdirect’s Margin Plus<\/strong> is an intraday trading product that allows you to trade with enhanced leverage while managing risk through mandatory stop-loss orders.<\/p>\n

Setting Stop-Loss and Target Prices in Margin Plus:<\/strong><\/p>\n

    \n
  1. \n

    Placing a Stop-Loss Order:<\/strong><\/p>\n

      \n
    • When initiating a Margin Plus trade, you’re required to set a stop-loss trigger price (SLTP). This acts as a safety net, automatically exiting your position if the market moves against you beyond a specified point.<\/li>\n<\/ul>\n<\/li>\n
    • \n

      Setting a Target (Profit) Order:<\/strong><\/p>\n

        \n
      • After your initial order is executed, you can define a target price by placing a profit order. This allows you to lock in profits once the stock reaches your desired price level.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n

        Steps to Place a Margin Plus Order with Stop-Loss and Target Prices:<\/strong><\/p>\n

          \n
        1. \n

          Log in to Your ICICIdirect Account:<\/strong><\/p>\n

            \n
          • Access your trading account using your credentials.<\/li>\n<\/ul>\n<\/li>\n
          • \n

            Navigate to the ‘Place Order’ Section:<\/strong><\/p>\n

              \n
            • Choose the stock you wish to trade.<\/li>\n<\/ul>\n<\/li>\n
            • \n

              Select ‘Margin Plus’ as the Product:<\/strong><\/p>\n

                \n
              • Ensure you’re using the Margin Plus product for intraday trading.<\/li>\n<\/ul>\n<\/li>\n
              • \n

                Enter Trade Details:<\/strong><\/p>\n

                  \n
                • Quantity:<\/strong> Specify the number of shares.<\/li>\n
                • Order Type:<\/strong> Choose between ‘Limit’ or ‘Market’ order.<\/li>\n
                • Stop-Loss Trigger Price (SLTP):<\/strong> Set the price at which the system will automatically exit your position to prevent further losses.<\/li>\n<\/ul>\n<\/li>\n
                • \n

                  Submit the Order:<\/strong><\/p>\n

                    \n
                  • Review and confirm your order details to execute the trade.<\/li>\n<\/ul>\n<\/li>\n
                  • \n

                    Place a Profit Order:<\/strong><\/p>\n

                      \n
                    • Once your initial order is executed, navigate to the ‘Open Positions’ section.<\/li>\n
                    • Select the position and choose the option to ‘Place Profit Order.’<\/li>\n
                    • Specify your target price at which you wish to book profits.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n

                      Important Considerations:<\/strong><\/p>\n

                        \n
                      • \n

                        Mandatory Stop-Loss:<\/strong> Setting an SLTP is compulsory in Margin Plus to mitigate potential losses.<\/p>\n<\/li>\n

                      • \n

                        Leverage:<\/strong> Margin Plus offers up to 5 times leverage, allowing you to trade larger positions with a smaller capital outlay.<\/p>\n<\/li>\n

                      • \n

                        Intraday Nature:<\/strong> All Margin Plus positions are intraday and must be squared off before market closure.<\/p>\n<\/li>\n<\/ul>\n

                        For detailed information and guidance, refer to ICICIdirect’s official Margin Plus page.<\/p>\n

                        \n

                        In ICICIdirect’s MarginPLUS<\/strong> trading, you can manage your intraday positions by setting both a Stop-Loss<\/strong> and a Target Price<\/strong>.<\/span> Here’s how to do it:ICICI Direct<\/span><\/span><\/span><\/span><\/p>\n

                        \n

                        \ud83d\udccc Steps to Set Stop-Loss and Target Price in MarginPLUS:<\/h3>\n
                          \n
                        1. \n

                          Place a Fresh Order:<\/strong><\/p>\n

                            \n
                          • \n

                            Navigate to the F&O trading section<\/strong> and select ‘MarginPLUS’<\/strong> as the product type.<\/span><\/p>\n<\/li>\n

                          • \n

                            Choose your desired stock or contract.<\/span><\/p>\n<\/li>\n

                          • \n

                            Specify the Action<\/strong> (Buy\/Sell), Quantity<\/strong>, and Order Type<\/strong> (Market\/Limit).<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n

                          • \n

                            Set the Stop-Loss (Cover SLTP) Order:<\/strong><\/p>\n

                              \n
                            • \n

                              Immediately after placing the fresh order, you’ll be prompted to set a Cover Stop-Loss Trigger Price (SLTP)<\/strong> and a corresponding Limit Price<\/strong>.<\/span><\/p>\n<\/li>\n

                            • \n

                              The SLTP is the price at which the stop-loss order gets activated.<\/span><\/p>\n<\/li>\n

                            • \n

                              The Limit Price is the price at which you wish to exit once the SLTP is triggered.<\/span><\/p>\n<\/li>\n

                            • \n

                              Ensure that the SLTP is between the last traded price and the limit price.<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n

                            • \n

                              Set the Target (Cover Profit) Order:<\/strong><\/p>\n

                                \n
                              • \n

                                After your fresh order is fully executed, navigate to the ‘Open Positions’<\/strong> page.<\/span><\/p>\n<\/li>\n

                              • \n

                                Click on ‘Place Profit Order’<\/strong> next to your position.<\/span><\/p>\n<\/li>\n

                              • \n

                                Enter your desired Profit Limit Price<\/strong>.<\/span><\/p>\n<\/li>\n

                              • \n

                                This order will execute when the market reaches your target price, allowing you to book profits automatically.<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n

                                \n

                                \ud83d\udd04 Modifying Orders:<\/h3>\n
                                  \n
                                • \n

                                  Before Execution:<\/strong><\/p>\n

                                    \n
                                  • \n

                                    You can modify both the fresh and cover orders before they are executed.<\/span><\/p>\n<\/li>\n

                                  • \n

                                    Go to the ‘Orders’<\/strong> section, find your order, and select ‘Modify’<\/strong>.<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n

                                  • \n

                                    After Execution:<\/strong><\/p>\n

                                      \n
                                    • \n

                                      Once the fresh order is executed, you can still modify the cover SLTP and profit orders.<\/span><\/p>\n<\/li>\n

                                    • \n

                                      Adjust the SLTP and Limit Prices as per market conditions.<\/span><\/p>\n<\/li>\n

                                    • \n

                                      Note that the SLTP must always be between the last traded price and the limit price.<\/span><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n

                                      \n

                                      \u26a0\ufe0f Important Considerations:<\/h3>\n
                                        \n
                                      • \n

                                        Mandatory Stop-Loss:<\/strong> In MarginPLUS, placing a stop-loss order is compulsory along with the fresh order.<\/span><\/p>\n<\/li>\n

                                      • \n

                                        Optional Profit Order:<\/strong> The profit order is optional and can be placed after the fresh order is executed.<\/span><\/p>\n<\/li>\n

                                      • \n

                                        Same Quantity:<\/strong> The quantity for fresh, stop-loss, and profit orders must be the same.<\/span><\/p>\n<\/li>\n

                                      • \n

                                        Intraday Product:<\/strong> MarginPLUS is designed for intraday trading; all positions will be squared off before market close if not done manually.<\/span><\/p>\n<\/li>\n<\/ul>\n

                                        \n

                                        For a visual guide on placing stop-loss orders in ICICIdirect, you can refer to the following video:<\/p>\n

                                        \n
                                        <\/div>\n<\/div>\n

                                        If you need further assistance or have more questions, feel free to ask!<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

                                        Margin-plus order in ICICIDIRECT ( how to set both Stop-loss and Target price) MARGIN PLUS TRADING. [fvplayer id=”610″] ICICIdirect’s Margin Plus is an intraday trading product that allows you to trade with enhanced leverage while managing risk through mandatory stop-loss orders. Setting Stop-Loss and Target Prices in Margin Plus: Placing a Stop-Loss Order: When initiating […]<\/p>\n","protected":false},"author":64,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-4111","post","type-post","status-publish","format-standard","hentry","category-stock-market"],"_links":{"self":[{"href":"https:\/\/www.reilsolar.com\/pdf\/wp-json\/wp\/v2\/posts\/4111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.reilsolar.com\/pdf\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.reilsolar.com\/pdf\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.reilsolar.com\/pdf\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.reilsolar.com\/pdf\/wp-json\/wp\/v2\/comments?post=4111"}],"version-history":[{"count":0,"href":"https:\/\/www.reilsolar.com\/pdf\/wp-json\/wp\/v2\/posts\/4111\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.reilsolar.com\/pdf\/wp-json\/wp\/v2\/media?parent=4111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.reilsolar.com\/pdf\/wp-json\/wp\/v2\/categories?post=4111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.reilsolar.com\/pdf\/wp-json\/wp\/v2\/tags?post=4111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}