While I am writing this, the stock of CDSL has hit Upper Circuit as soon as markets opened, making the AMOs almost useless.
What should one do if the person can’t track the prices whole day?
Put the Buy at LMT=upper circuit price using AMO order,you will get the share at opening price .
upper circuit price=1.05*previous close price(round off to neaast .05)
Thanks for the help. I just need a little clarification. If I put LMT=upper circuit in the AMO, how will I get shares at opening price?
this how pre market works! you placed a bid first in the queue(AMO order) at highest bid price(upper circuit) in pre market.So you have highest probability(99.99999%)of getting shares in preopen at equilibruim price=open rate
Wow! Thank you for the valuable information
I Will try this strategy
Which trading platform is better to buy upper circuit stocks?
hii algoEye:
which trading software are u using to put this lmt order??
plss suggest
Any brokers , but brokers with less clients will be faster ( in nano secs difference)!!