Error while creating ROBO order

bablujat

For some stocks i am getting following error, but same is working for some stocks

:BO: Upticks and downticks should be greater than given percentage: Absolute Price :     25.32 Tick Size :507   Allowed range ->[0-100:      1.00]\t[100-500:      1.00]\t[500-1000:      3.00]\t[>1000:      3.00]\t:

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{
  "variety": "ROBO",
  "ordertype": "LIMIT",
  "producttype": "INTRADAY",
  "duration": "DAY",
  "exchange": "NSE",
  "tradingsymbol": "ASHOKLEY-EQ",
  "symboltoken": "212",
  "transactiontype": "SELL",
  "quantity": "5",
  "price": "233.20",
  "triggerprice": "0",
  "squareoff": "2.00",
  "stoploss": "2.00",
  "ordertag": "ALS",
}

Moderator_3

Hi @bablujat,

Target price, Stop loss should be based on UCL and LCL this will differ based on different stocks.

Regards, SmartAPI Team

bablujat

@Moderator_3 Is there any way to calculate it ? can you explain with an example that would be very helpful for me.

Moderator_3

Hi @bablujat ,

BO order (INTRADAY)

Before giving values to limit price, stoploss & target price consider below points :

Limit price should be between UCL and LCL
Target price should be greater than limit price
Stoploss should be less than limit price

Notes :

BUY order means => Target & stoploss will be the SELL order
SELL order means => Target & stoploss will be the BUY order

Regards, Smart API Team