When we are Buying a stock there will be best five ASK price available for the same i.e from the lowest to the highest five prices… so if we are using market order to but at what price the transaction will tale place at the lowest of the highest and in case of selling is the opposite hold true ? kindly clear the confusion and please don’t give me module links to read…
I’m sorry but I have to give you this link, check section 9.6 - http://zerodha.com/varsity/chapter/the-trading-terminal/
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If u want specific answers, post the snapshot of a Bid-Ask price table.