Can anyone let me know when limit order will be available in cover order. I can not set the target in my order. I have gone through zerodha’s blog and it has been informed that it will be started very soon. Can anyone let me know tentative date when it will be available
It’s already available.
Login here and Trade.
Hi @dibmon2012 ,
In the new version of kite you have the option to place the initial order as a Limit order or as a Market order, however you cannot place a target along.
The only way to exit the position taken in a cover order is by canceling the pending stop loss order which was part of the cover order.
If you want to have the target price also fixed, you can use the bracket order(BO). You will not be able to trade in commodities with BO though.
Thanks for your valuable information and guidance. Is there any manual of the new version of the kite? if so, please provide the link
The above link should help. Also once you login, on the dashboard you have the take a tour option!
I had placed a limit order in natural gas at 198.10 but it has taken the market order at 198.40, and I have made a loss. In kite 3 , there is an option to place limit order, but is it work at all?
It works, if you placed a limit at 198.1 there will be no further transactions beyond that price. You could share a screenshot of your order info, that way it would be easier to figure out the problem.