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markets · intermediate

Bracket order

A bracket order places an entry along with predefined profit-target and stop-loss legs.

Many Indian brokers offer bracket orders mainly for intraday MIS-style trading.

When the entry fills, the cover legs become active according to broker logic.

Bracket orders aim to automate exit discipline around a defined risk-reward band.

Availability and exact behaviour vary by broker and exchange segment.

Part of the Market Pulse Term of the Day series — factual market vocabulary, not investment advice.