2 Replies to “what is limit in icici direct trading acc?”

  1. I think you are talking about the field ‘Order type’. There are two types of orders: market order and limit order. Suppose the current price of a share is 102. If you place a market order, you will buy it at the price of 102. If you want to buy it at 100, you will have to place a limit order. In that case, your trade will happen ONLY if the market price of share goes 100 or below. Otherwise, if the market price of share doesn’t touch 100 at any time during the day, your trade will not happen and your order will expire at the end of the day. On the next day, you will have to place another order if you want to buy.

Leave a Reply

Your email address will not be published. Required fields are marked *

20 + 4 =