uTrade AlgosOn Share India, you cannot place both a limit order and SL-M order (Stop-Loss Market order) simultaneously due to order behaviour conflicts between the two.
A limit order allows you to buy or sell a stock at a specified price or better. The order will only execute when the stock reaches the set price. In contrast, an SL-M order requires only a trigger price—once the stock hits this price, a market order is placed, ensuring execution at the available price but without price control.
Since both orders act as pending instructions for the same position, placing them together can create execution conflicts and affect risk management. To avoid this, Share India restricts placing both orders at the same time.
In case you face any issues or need any support while using the platform, you can contact the Share India support team via email at support@shareindia.com or by phone at 1800 203 0303.