Safe Exit helps automatically exit your open F&O positions when your P&L reaches a specific limit set by you. It prevents heavy losses or secures profits by squaring off all open positions.
The limit must be lower than your current returns and is valid for the day. You can set it during market hours (9:15 AM - 3:30 PM). If not triggered, it resets for the next day.
Example 1: If your returns are +₹5,000, you can set a profit limit of ₹3,000. Once P&L drops to ₹3,000, Safe Exit triggers and squares off all positions.
Example 2: If your returns are -₹5,000, you can set a loss limit at -₹8,000. When P&L reaches -₹8,000, Safe Exit triggers and closes all positions.
Note: The profit limit is being gradually rolled out to users