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After creating the plan, different stories and epics taken concurrently. I want that to be changed in a way once story A is complete Story b can be taken.
Story A (100 story points) and Story B (100 story points)
Team velocity: 100
portfolio schedule showed like : Sprint 1 - Story A and B (each 50 points burned)
Sprint 2: both stories are done.
Expected: Sprint 1: Story A complete and Sprint 2: Story B complete
Can you please help on how to change the settings to incorporate this?
It sounds like Story B has been manually added to the same sprint that Story A is part of. And when Manual association is in place this overrides the calculation performed by portfolio.
Check out the Scheduling Behavior Documentation for more details on this.