Comment on Stop Loss orders - Limit/Market

Nithin Kamath commented on 06 Mar 2013, 02:52 AM

Shirish,

What ICICI offers is the facility where your orders are valid for 45 days or something similar. What icici is basically doing is that they are placing orders on your behalf everyday and this is not really a GTC/GTD order.

On MCX it is an approved product, but NSE still doesn’t allow this, NSE removes all order from the cache everyday, so no broker can allow GTC/GTD orders..

That said, we do offer AMO orders, you can place them anytime after 6pm for trading next day. [Click here](http://www.zerodha.com/z-connect/blog/view/pre-marketpost-marketafter-market-orders) for knowing more about AMO. If you have to place multiple orders everyday, you can also use basket order for this and can be done by you with a click of a button. To know about [basket orders](http://www.zerodha.com/z-connect/blog/view/basket-orders-zt) click here..

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