Can I place a stock limit order to buy above the current price?
A limit order is an order to buy or sell a security at a specific price or better. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher. Example: An investor wants to purchase shares of ABC stock for no more than $10.
Can I place a stock order to buy at a lower price?
A limit order is an order to buy or sell a stock at a specific price or better. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher.
How do you place a buy order over current price?
To buy above LTP, you can place a Buy SL order with the price at which you want to buy. 2. To sell below LTP, you can place a Sell SL order with the price at which you want to sell.
Can I place a buy or sell order before a market opens?
Yes You can buy or sell in pre open market session. From 9.00 to 9.08 you can put your order. The Order get matched between 9.08 to 9.12. So, if you want that buy or sell before market opens than you can.
Are Limit orders good?
Limit orders can help you save money on commissions, especially on illiquid stocks that bounce around the bid and ask prices. But you’ll also save money by taking a buy-and-hold mentality to your investments.
What happens if limit order not filled?
The order only trades your stock at the given price or better. But a limit order will not always execute. Your trade will only go through if a stock’s market price reaches or improves upon the limit price. If it never reaches that price, the order won’t execute.
What is limit order?
A limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received (the “limit price”). If the order is filled, it will only be at the specified limit price or better. However, there is no assurance of execution.
Can I sell a stock above market price?
Yes, you can but some conditions apply. You can sell shares a higher price than the market price using Company’s Buyback offer. Generally, all the companies set Buyback Price above the Market value of the shares. But if you have shares of those companies at the record date.
Can I place order before 9 am?
Between 9:00 AM to 9:15 AM is when the pre-market session is conducted on NSE. You can place limit orders/market orders. The order collection window can close at any time between 9:07 AM and 9:08 AM. After closure of the collection window to 9.15 AM new orders cannot be placed.
Can I place sell order after market close?
Similar to pre-market orders, post-market orders are allowed only for equity trading. The post-market session or closing session is open from 3:40 PM to 4:00 PM. 800, between 3:40 PM and 4:00 PM, you can place market orders to buy/sell Reliance at market price (will be taken at Rs. 800).
Can I buy above the current price in the stock market?
buy above the current price in the stock market You can do that, but what is the purpose to do so? Brokers take the limit price of your order as the highest price you are going to pay. So if an order can be fulfilled below the limit they will do so.
Should you use a limit order to buy stocks?
If you are hoping to buy a stock at a specific price point, you can use a limit order in order to ensure that you achieve the best possible acquisition based on your preferences. A limit order requires you to specify the price you are willing to pay for a stock. If the stock never trades down to that price, your trade will never execute.
When is a market order optimal for trading?
A market order typically ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. A market order is generally appropriate when you think a stock is priced right, when you are sure you want a fill on your order, or when you want an immediate execution.
How do stop orders work in the stock market?
To enter a stop order, you’ll have to specify a price for a stock. Once that price is reached, the order becomes a market order, executing at the next available price. While similar to limit orders, stop orders do not guarantee a certain price; they only specify the price at which the order becomes a market order.