n NISM Certifications
XIII NISM Series XIII
Medium

Which of these statements correctly describes the relationship between limit price and trigger price for a stop loss BUY order?

Practice question from NISM Series XIII for SIF - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Trigger price is equal to limit price

  2. Trigger price is less than limit price

    Correct answer

  3. C

    Trigger price is more than limit price

  4. D

    No relationship

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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