1) MIS is for intraday and NRML for positional
2) DAY = your trade would stand for only current day
EOS = End of session, your trade would stand till the end of session
GTC = "Goods till cancellation" your trade would stand till you cancel or contract is expired.
GTD = "Goods till Date" your trade would stand till the date you specified.
IOC = "Instant or cancel" you place a trade and if not executed it will get cancelled.
I use, Normal mode and DAY/EOS. Also use GTC (sumtimes) for stoploss.
2) DAY = your trade would stand for only current day
EOS = End of session, your trade would stand till the end of session
GTC = "Goods till cancellation" your trade would stand till you cancel or contract is expired.
GTD = "Goods till Date" your trade would stand till the date you specified.
IOC = "Instant or cancel" you place a trade and if not executed it will get cancelled.
I use, Normal mode and DAY/EOS. Also use GTC (sumtimes) for stoploss.
BTW - Great Call on Short Lead @ 115.95
Regards
CII