How can I open a sell order of a stock at certain amount open for a month until it executed.
Is it possible. For example I want to sell my ABC stock @100rs. And cmp is 80rs. On 13Feb. 2017. I don’t want to see my stocks on regular basis. When ever my socks Mkt. Price reaches @ 100 it execute automatically.
hello trader,
All orders placed to the exchange are valid only for that day.
There is no facility to keep the order live on the system for more than a day until it is executed.
Hello,
To keep an order opened for more than a day, you require a GTC(Good till cancelled) or GTD(Good till date) order. Currently, order validity will all the Indian exchanges is only a day and all pending orders are cleared out by the end of the day. This happens because the exchanges clear their order cache memory at the end of the day, where all the pending orders are stored.
What certain brokers do is they mimic a GTC order by collecting all GTC pending orders after market closes and they place these orders again as an AMO(After market Order) which will be sent again to the exchange when the market opens at 9.15 the next day.
At Zerodha, we don’t have this feature yet. We will keep you posted when this feature is introduced.
isnt possible with cnc order?