What does Limit Order mean ?
A ‘LIMIT’ order is an order to buy or sell a security at a specific price.
Related Articles
How to place a Cover Order (CO)?
A Cover Order is an advanced intraday two-legged order.To put it simply, a Cover Order (CO) is a combination of a market order and a stop-loss order. You can buy or sell a stock as a market/limit order and additionally have the ability to specify a ...
How to place a Bracket Order (BO)?
A Bracket Order (BO) is an advanced intraday three-legged order that is accompanied by a compulsory Target and Stop Loss Order. Order 1: This can be either a Limit or a Market Order. All you have to do is enter the Price you would like to purchase a ...
How to place a Stop Loss order?
A stop-loss order is usually placed to minimize losses on a position. It allows you to place an order only when the market price of the stock reaches or crosses a specified price point also known as the ‘SL Trigger Price’. There are 2 types of ...
Can a client convert normal order to BO (Bracket Order)?
No, client cannot change normal order to Bracket Order.
How client can modify normal order to stop loss order?
Yes. If order is pending, then client can modify the order from order book.