The BO’s full form in the Share market is known as Bracket Order. It permits investors who are who trade stocks to make two orders at once. The investor can make both orders at the price at which he will sell the investment to gain profits and also to limit losses. Brackets orders are only placed during trading hours that are intraday.

The advantages of bracket order

The main benefit of bracket orders is the fact that it allows traders to make three orders at a time. This is especially beneficial to traders who trade intraday, and expect to secure profitable positions in just 6 hours. Bracket orders help intraday traders limit certain risks. It also helps to book profitable positions by using the target order, or avoid losses with Stop-loss orders placed.

What is a bracket? order function in the market for shares?

The trader can place three interconnected orders to trade a single trade each time they make a bracket. The three orders that are included are the first buy order as well as the profit target and the stop-loss or profit target order. They aid in the creation of a unified trading strategy at the beginning. The bracket creates a security around the trade. The profit goal and the stop loss order function together to protect the trader’s position from any unfavourable market conditions.