i placed a limit nrml order for buy… but executed as market order…i am using zerodha … explain this…
A screenshot would have been ideal. But the most likely explanation is that the limit was above the CMP and therefore it was executed at CMP.
If you place a limit order above the current market price, it automatically becomes a market. If you want to buy above market price, you need to use trigger orders.
Check this video
I am placing a Limit Buy order at a price higher than the current market price with a trigger price. In thia case 5 Rupees higher than CMP.
Suddenly the price jumps Rs.60 from the CMP. Will my Order be executed or not?
I am using Goodwill. I placed a Limit Buy order with trigger. The price went up significantly. But my Order was not executed. I lost the profit opportunity.
Let me know the basis of order execution, especially Limit order with Trigger.