Comment on Orders - Place, Modify, Cancel & View

pravinb1 commented on 07 Feb 2014, 02:11 PM

Consider a scenario: Suppose When reliance is trading at 815. Suppose I want to buy when it goes down to 800 and sell at 820 only after buying it. I would put 2 orders, buy reliance CNC at limit 800, 200 shares and sell reliance CNC limit 820 200 shares and leave for day.

a) In this scenario will my sell order get cancelled if reliance hits 820 before the buy order gets executed since shares are not available resulting on only buy if it goes down thereafter and no sell even if it goes up later.

b) Suppose only 100 shares were bought at Rs 800 therafter when the sell order is encountered will 100 shares be sold or none sold because sell of 200 shares is put and only 100 is available.

View the full comment thread »