Hi. I am a newbie to trading so let me apologize in advance if this question is silly. Let’s say that my trading account has funds=10k and I want to undertake intraday trading tomorrow. I have shortlisted 5 stocks and their entry price. I would like to put AMO orders for all 5 stocks for a margin of approximately 10k each so that whichever gets placed first, will automatically cancel the rest of the 4 trades because of lack of margin. Is that possible?
Do you want to place through Basket Order??
I don’t know what basket order means. I just wanted to know is there a way I can place multiple orders far exceeding the margin, such that whenever any one of them gets placed, the others get cancelled automatically because of lack of margin.