Comment on Orders - Place, Modify, Cancel & View

uma commented on 08 Oct 2015, 08:52 PM

Please bear with me for asking a basic question. I’m a new client. Today I placed the first order. When Nifty Oct Futures was selling at around 8160 I placed a sell order in Kite under ‘Normal Sell Limit’ order type mentioning the price as 8535. My intention was to short at the level of 8535. But it got executed immediately around 8159. It appears that I’m wrong in placing the limit order. Thereafter after going through various categories of Z connect I have prepared a table as attachment (untitled.png image) wherein I have given my understanding of various order types. Whether my understanding of the order types are correct or not? If not correct, please rectify it. This would help me to avoid such mistakes in future.

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