Suppose if I want to buy a stock which is hitting upper circuit daily and I want my order to get placed first at 9.00am.
I know that the close price yesterday is 100rs and today the circuit limit is 105rs.
Which order should I place so that the chances of execution are higher?
Is it MARKET order or
LIMIT BUY order at 105rs?
I read in NSE webiste that limit order gets first preference. But since the market and limit buy prices will be eventually same will the order type matter?
Link : https://www.nseindia.com/products-services/equity-market-pre-open