Trading

Limit Order

A limit order specifies the maximum price to buy or minimum price to sell. It only executes at the specified price or better.

Example

Set limit order to buy Infosys at Rs 1,500 when current price is Rs 1,520.

Related terms

A market order is executed immediately at the current market price. It guarantees execution but not price.

A stop loss is an order placed to sell a security when it reaches a certain price, limiting potential losses on a position.

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