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sir please tell me how many lots of bankniftyfuture are tradeable safely in i ntraday i mean whille in market order slipage may be 1 to 2 points only what are those bids and ask in thousands up to what value these bids and asks are accepted and shown in system
 
Commodity is on Zerodha Trader already, NSE waiting for exchange approval ,so should be anytime now... BSE waiting for leased lines to be commissioned..
Glad to hear that . A tech question .
Is it possible to run two instances of NEST simultaneously with two different brokers ? Will Nest crash ?
 

Zerodha

Well-Known Member
sir please tell me how many lots of bankniftyfuture are tradeable safely in i ntraday i mean whille in market order slipage may be 1 to 2 points only what are those bids and ask in thousands up to what value these bids and asks are accepted and shown in system
Bank nifty is a *****.. ;) .. 1 to 2 points slippage!!! hmm.. it would be a dream if the slippage was only 1 to 2 points.. Probably that much only if you trade 1 lot at a time... I'd say if you worried slippage don't trade more than 3 lots if you are trading market orders.. Sometimes I have seen 15 points + slippage with small market orders...

Those bid and asks showing in 1000's is just a con, they are usually placed way above or below the market price...
 

megapixel

Well-Known Member
Hi Zerodha,

I have three queries . Could you please reply to these

Q1
I have an equity share in demat . I want to do a CNC SELL in NOW.

Can I wait till 5.00 PM until I get the best price ?
OR
I need to SELL it within 3.10 PM ( just like intraday square off timing ) ?



Q2
Is there any charge if I cancel Order or if the order is rejected?


Q3
I want to do a CNC BUY . Can I wait till 5.00 PM until I get the best price ?
 

Zerodha

Well-Known Member
Hi Zerodha,

I have three queries . Could you please reply to these

Q1
I have an equity share in demat . I want to do a CNC SELL in NOW.

Can I wait till 5.00 PM until I get the best price ?
OR
I need to SELL it within 3.10 PM ( just like intraday square off timing ) ?



Q2
Is there any charge if I cancel Order or if the order is rejected?


Q3
I want to do a CNC BUY . Can I wait till 5.00 PM until I get the best price ?
If you are holding your shares in your demat you can sell it whenever you wish.. You can either place orders during normal market hours that is till 3.30pm( didn't get what you mean by 5pm?? )

No charges for placing, cancelling or rejected orders,, you will be charged only when a trade is executed...

Again when you are doing a CNC buy, you can place order till 3.30pm, market closes at 3.30pm...
 

megapixel

Well-Known Member
normal market hours that is till 3.30pm( didn't get what you mean by 5pm?? )

you can place order till 3.30pm, market closes at 3.30pm..
.
Thanks. This helped.

I thought market closes at 5 PM. ...I probably looked at a wrong link in NSE site where it was mentioned that market close happens at 5 PM
 
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