General Trading Chat

[john302928]

Friends I have a small query related to order placement.

Suppose I bought some shares at Rs.1000, whose current price is 2000.

Now, while punching the order( not a market order), if by mistake I put 200 instead of 2000, what will be the scenario?

Similarly, if a share is trading at Rs.100 and I punch Rs.1000 while buying, by mistake, what will happen ?

From what I understand only the best buy/sell price will get filled from the market depth OR will the orders get cancelled ?

If a share is trading at 2000rs and if you place a buy order by punching it 200rs then it will be in pending. suppose if you had placed the sell order of rs 200 when it is trading at rs 2000 then best buy price (basically a market order)will get filled

Similarly if the stock is trading at 100 and if you place the order for Rs 1000 then best sell price will get filled (basically a market order)

 

[backbench]

If a share is trading at 2000rs and if you place a buy order by punching it 200rs then it will be in pending. suppose if you had placed the sell order of rs 200 when it is trading at rs 2000 then best buy price (basically a market order)will get filled

Similarly if the stock is trading at 100 and if you place the order for Rs 1000 then best sell price will get filled (basically a market order)

In both cases,your order will get rejected,because your order price is out of range.

 

[john302928]

In both cases,your order will get rejected,because your order price is out of range.

Dear backbench,
Order will not get rejected in both the cases. Because I had made both the mistakes in the past and the result is what i wrote earlier

 

[manoj2012]

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[traderniftybull]

DJI

Did an intraday high of 21225 and hovering around these levels

Now, I anticipate a further upmove of 75/100 points today or by Monday
Should trade above 21188.

 

[traderniftybull]

SGX Nifty (Jun 2) 9,673.00 +27.50

 

[aja]

23-222 then 23-111 possible?
Experts Ki Kya Raay Hai?

 

[aja]

23-222 then 23-111 possible?
Experts Ki Kya Raay Hai?

or Gap up 23-444??

I dont know

 

[traderniftybull]

NS
NF
BN
BNF

all 4 major indices are in NR7 formation.
now infer what you want, for the next move.

 

[copypasteaee]

Sideways going on....