Pre-market/Post-market/After-market Orders
Traders,
1. Pre-market Orders:
NSE started the concept of pre-open session a few months back to minimize the volatility of securities during the market opening every day. Between 9:00 AM to 9:15 AM is when the pre-market session is conducted on NSE. During the pre-market session for the first 8 minutes (between 9:00 AM and 9:08 AM) orders are collected, modified or cancelled. You can place limit orders/market orders. After 9.08 AM to 9.15 AM no new orders can be placed, orders placed are matched and trades confirmed. So technically you can place orders only for the first 8 minutes and only on equity segment. More on Pre-market orders on this link.
2. Post-market Orders:
Similar to pre-market orders, post-market orders are allowed only for equity trading. The post-market session or closing session is open from 3:40 PM to 4:00 PM. During this session, people can place buy/sell orders in equity (delivery segment using the CNC product code) at the market price, but do note that even if you place a market order it will be placed on the exchange at the closing price. So for example, if the closing price of Reliance at 3:30 PM is Rs. 800, between 3:40 PM and 4:00 PM, you can place market orders to buy/sell Reliance at market price (will be taken at Rs. 800). Post-market session is not very active and you can look at the movement of stocks by opening the marketwatch window from 3:40 PM to 4:00 PM.
3. After-market Orders (AMO):
This facility is available on Zerodha for people who can’t actively track the markets from 9:15 AM to 3:30 PM. You can place orders any time from 3:45 PM to 8:57 AM for NSE & 3:45 to 8:59 AM for BSE (until just before the pre-opening session) for the equity segment and up to 9:10 AM for F&O. So you could plan your trades and place your orders before the market opens. After-market orders can be placed on all the exchange segments. Please note that if you place any after-market order between 9:15 AM and 3:45 PM, they will be rejected. AMO is allowed only between 3:45 PM and 8:59 AM for equity and up to 9:10 AM for F&O. For currency derivatives, AMO is allowed from 3.45 PM the previous day to 8:59 AM only.
After-market orders are also allowed for commodity trading. After-market orders for commodity can be placed anytime during the day, orders will be sent to the exchange at 9:00 AM (MCX opening). So if you place an after market order at 8:59 it will get sent today and if you place it at 9:01 AM it’ll get sent tomorrow.
To place an AMO, click on the Buy(B) or Sell(S) for the scrip, click on “More options” at the bottom of the order window and select “AMO”. You can look at the image below to understand better:
Placing an AMO
If you are looking at getting the best fill first thing in the morning, placing a market order at opening is a much better idea than using AMO. We typically have thousands of orders as AMO, which are sent together to the exchange at market opening and this might take a few seconds for the orders to be placed. AMO is a feature mainly for the investing community, who can’t get online during market hours.
Happy Trading,
I want to place a time-based order like the price-based orders. Is that possible for like 9:30 AM or 9:45 AM? I will place the order before these times, but it should execute at that time
Why couldn’t i able to trade in commodities after 5 pm? It say available margin is zero even though i have funds. “Kite is undergoing scheduled maintenance. You can see your margins, positions, and holdings from 7:00 AM tomorrow.” What am i supposed to do?
Hi Rama, we’re sorry about this. Could you please create a ticket on: https://support.zerodha.com/ with details of the issue, so we can have this resolved at the earliest?
Does this AMO get active or trigger at 9 am or 9:15 am ?
“Hi everyone, I have a query regarding AMO orders and pre-market trading. If I place an AMO order at around 8:00 AM for a stock that typically sees heavy movement during the pre-market session (from 9:00 AM to 9:08 AM), will my order get executed at the previous day’s closing price or at the new pre-market price when the market opens? I’m mainly interested in intraday trading and want to understand how the execution price will be affected by placing an AMO versus placing a direct order during the pre-market window. Any insights would be appreciated!”
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If i have a after market bid for a stock that has hit upper circuit will it be taken before the pre market bid I put the next day
Can I use AMO for purchasing UC stocks?
Can I place bank nifty future order at market price between 9.00 AM to 9.08 AM
Hi Sanjay, F&O contracts don’t trade in pre-open session. You can place AMO orders until 9:10 AM and normal orders once the markets open.
Hi,
How to buy a stock every hour at market price? Any way to implement this?
Regards,
Mahesh
How does it work for a stock which is going through upper circuit for multiple sessions, as a user when I place a order at 09:00 in Kite, will it be same as any other use placing order at 09:02? If I want to increase chance of buying a stock which might be a upper circuit stock, is manually adding order at 09:00 is enough or is there a better faster way?
Hi,
Can I place AMO in banknifty and nifty?
What if market opens with gap up or gap down?
Why AMO is not allowed with market price?
Hi Annoop, yes you can place AMO for nifty and banknifty. It is allowed for all product types, i.e. CNC, MIS, NRML. You can also place AMO order with limit / market price.
Pmo ki jankari d
I need AMO PMO and bracket order, how can I get it from zerodha, currently I m getting only gtt orders
Hi Rajeev, we’ve explained the pricess for placing AMO orders here. There is no seperate order type for pre and post market orders, you can place regular orders during these sessions.
I placed an AMO order for the stock at the rate of 20% upper circuit. Any guarantee for the stock it will definitely buy for me.?
Can I place a F&O market order between 9:08am-9:15am?
Hi Vishal, AMO orders in the F&O segment can be placed until 9:10 AM. Regular orders can be placed once the market open at 9:15 AM.
Dear Sir,
Suppose, I want to order some shares in premarket sessions, then how can I order and what is the time period to execute my order. Also, how can I check that what orders are executed in market and on which rate. So that I can get confirmed that my order will be 100% executed. I hope you understand my point sir
Dear Sir,
Suppose, I want to order some shares in premarket sessions, then how can I order and what is the time period to execute my order. Also, how can I check that what orders are executed in market and on which rate. So that I can get confirmed that my order will be 100% executed. I hope you understand my point sir.
Hi,
Can I place intraday buy/sell order for a particular scrip at the pre-trading session? Like around 9:10 AM.
Thanks.
Hi Prashant, intraday orders can be placed in the pre-market session. More here: https://support.zerodha.com/category/trading-and-markets/trading-faqs/market-sessions/articles/what-are-pre-market-and-post-market-sessions-and-orders
Hi, I have placed few AMO orders on the previous day for the next day but when I checked them just before the market opens, the orders were in cancelled status. Not sure what was the issue. Can anyone please tell me if you faced the similar issue and what could be the reason for cancel?
Hi Kamesh, could you please create a ticket at support.zerodha.com so our team can check and assist?
What if market open gapup or gapdown then what will happen to AMO
Hey Kaustubh, it depends on the type of order you have placed. A market order will execute at the best available price in the market. While if you have placed a limit order, then it’ll only execute at the price specified or a better price. You can learn more on how the market and limit orders work here.
y
I have 2000Rs in my Zeroda kite wallet, I want to place a bid for 4 different stocks, each worth 2000rs, one of it gets executed on next day market hours right? which ever bid is less, that will get executed and stocks order gets placed. please clarify as I am new
Hey Sharanya, could you please create a ticket at support.zerodha.com and elaborate your query clearly? If you are placing an order for 4 different stocks you will have to maintain sufficient funds for its execution in your Kite wallet.
AMO order I could succeed.
Thanks
Yesterday I placed an AMO order for Buy- JSW steel 100 nos at limit of 760 Rs.
Today when the market opened at 9.15 I found JSW steel was bought at 750 against 760.The stock completelty went down and I had serious loss. How it was purchased at 750.ANy body can tell?. What was the mistake
?
Hey Jagadeesha, could you please create a ticket at support.zerodha.com, so we can have this checked and clarified for you?
How Can a After market order can be repeated automatically daily?, because stocks trading in low volume, the order was cancelled by the Exchange in the End of Trading Session
Hey Vignesh, the order cannot be repeated automatically daily. You’ll have to manually place the orders again.
Hi @nitin kamat the pre order link is unavailable, please update it thanks
Hey Sudarshan, the link is updated 🙂
Which order will execute first if I make an AMO order for sale between 5 PM and 8 AM on January 17, 2022, and another Regular order at 9:01 AM on January 18, 2022?
Hey, order execution depends on the price specified by you can market factors at the time. Using AMO or placing an order manually at 9 AM won’t make much difference.
can i place stop loss market(SLM) order on IPO between 9:45 to 10:00 AM on listing day to be executed after 10:00 AM?? or i must have been place after 10:00 AM??
Hey Alpesh, you will not be able to place Stoploss orders before trading starts at 10 AM. You can however place a GTT order anytime you wish to. You can learn more about GTT orders here.
Please go through below mentioned details . I booked the order at 9.00.01 hrs, but the system shows the order booking time as 9.00.10hrs .
Why the system showed the different time?
Time Status Exch. time Exch. update Qty. Filled qty. Avg. price Price
09:00:10 OPEN 09:00:10 09:00:10 825 0 0 13.3
09:00:10 OPEN PENDING — — 825 0 0 13.3
09:00:02 VALIDATION PENDING — — 825 0 0 13.3
09:00:01 PUT ORDER REQ RECEIVED — — 825 0 0 13.3
Please clarify.
regards
M Murugan
Hey Murugan, best if you create a ticket on our Support Portal
not able to place amo order for selling after 3.45pm and getting error kindly place order after 5.00pm why?
Hey Parth, if your account is non-POA, the AMO orders can be placed from 5 PM onwards. We’ve explained this here.
Can i take option trade (Bank Nifty/Nifty) order with AMO market in Zerodha Kite.
Hello Team,
I was trying top place bank nifty buy option call at market price, but my order is getting executed only after 2 to 3 seconds delay.. Why so due to which i am facing 30 to 50 points difference some times.
which may end up in loss.
let me know how to over come this?
i am unable to order silver on mcx……..my account code IRY760……….i have also trfd rs 25,000/- to commodity account……..it is showing commodity no active
Can we place pre-order market order and post market order on Zerodha?
AMO order if placed to buy and the market open in gap down so will the order get executed.
i still have not under stand if relaince closing is 1500 and have placed the Order AMO at the same price and the next day market drop with a gap opening of Rs 1490….will the order will get executed or canceled.
Hello,
If I place AMO at market order, at what price the order will get executed? Is it closing price of previous day or opening price of next day?
Please reply @zerodha
Hello,
I had a normal trading order open around 500 @ 480 3:29:02 PM on 29th June 2021, which was executed in the post market partially 119 @ 486.05.
question is can normal trading hours open order be automatically executed in post market with a avg price?
Yes.
hello sir…how to place a order buy above the high or sell below the low in pre market session… ???
Greetings,
Please clear below mentioned doubts.
1. Can I sell My CNC purchase same day the next day, instead of waiting for DEMAT procedure.
2. Please explain BTST or STBT transaction with ZERODHA.
Thanks in advance.
In between 9 to 9:08 there is movement in stock prices, but in Kite watch list i am not able to see that. please start this facility in kite and in app.
My sell order has been triggered by GTT and it was rejected for authorization through CDSL. However, I have authorised later after market has closed. This happened today (29.04.21). So, how can I sell this now. Under Holding Tab, it is showing as triggered but it has not been executed yet. I am a new user. Please help me.
Hey Kaushik, we send an alert as soon as the GTT is triggered and failed because of lack of CDSL auth so that you can place a fresh order during market hours. For now, you can place a fresh order and authorise the sale.
Hi,
AMO or PreOpening which will get executed faster? like I am placing AMO order and next day at pre open some orders are placed. which will get higher priority?
Regards,
Manish R Gurnaney
Hi, Can I place intraday SL M order (buy or sell) in AMO?
how to place pre-market order @ zerodha .Kindly make a proper tutorial for youtube.
Thanks.
I have placed a limit order for F&O, but the order got executed with any consideration to the Limit I provided.
Above issue is for AMO orders
Hey Mamta, if you place a limit buy order above market price, or sell order below market price, the order executes at the current market price because it is a better price. This is how limit orders work.
What about the charges of post market??
Where i can see RS ( Relative Strength) Indicator. Not RSI just RS
1) Where i can see my stop loss order?. Means where i an see the orders where i put the stop loss and the order where i did not put the stop loss.
Is there any extra charges AMO order?
daily I have to use AMO order and I have to place place market limit and there enter my limit price but last many time trigger price above / below my limit price?
please inform me why not place order at same price as I have put in my limit order.
It’s not good for me due to order triggered above / below at my limit price.
What time does Zerodha AMO for Coffee Day open on Saturday in NSE and BSE ?
Can we place more than one amo order for a stock? For example if stock price is 100 and i’m placing amo of 102 and another one for 105 just in case the first one doesn’t get executed.
Future order place with AMO, but disabled the the stop loss field .. currently trances are in pending since not opened the market yet .. how can I set the stop loss for future trade while it’s allowed me to complete with leverage…
Hey… I place an AMO for BALAXI yesterday. The shares were bought this morning at Rs.134.75. But guess what the shares never went to 134.75. How did you purchase the shares at a price that it did not go to?
How can I buy/sell shares at market opening price?
I am trying to buy upper circuit share since one month from zerodha online account.but not even a single order is executed.I tried different timing and different qty but same result.
Than someone suggested to try MARWADI broker Ltd they have good result for upper circuit shares.
so place same order at same time with same quantity with Zerodha and Marwadi both.It was unbelievable that my Marwadi order is executed and Zerodha didn’t.
Can you plz explain this? Looks like something fishy in zerodha.
I have all the document proving this both transaction just in case if you need it.
Rahul, if the share is in upper circuit, you getting execution is very unlikely. If someone is able to guarantee execution, that seems fishy. 🙂
The last paragraph is pretty conflicting to what one finds on the internet, please clarify –
For someone who is stuck with a share with lower circuit and wants to exit, what would be the best option
1.) Placing a market order AMO at 3:45 pm. ( Popular opinion)
2.) Placing a Limit order AMO at the lower circuit at 3:45 pm.
3.) Just placing an AMO order anywhere between 3:45 pm to 8:57 am as time doesn’t matter.
4.) Placing a Market order at 9:00 Am (ASAP) (As suggested by the above article)
I have a genuine query regarding placing an order. If I place an order in AMO and that does not gets executed and due to upper circuit remains in pending order list till closing hours. Meanwhile, during market hours, to increase the chances of getting stocks, I make a new order. Now the question is – will this new order be standing in last of order book of upper circuit price ?
Because if this new order stands last in order book, then there are close to zero chances of my order to be executed.
Hello can i buy a share for MIS i.e intraday in AMO and sell it after the market opens at 9.15am -3.30pm.Please Clarify
Yes
when I want to buy shares that increasing-price value at 9 am or regular trading time, purchased shares are getting cancelled automatically. how to buy shares which are increasing their values ?
Not sure what your question is. Best reach our support desk for help.
ht3716 kindly not i sold 25 shares of ambuja cement in nse today 10 @191 15 @ 192.95 nad squared up later on at 191.75 the square up by you is shown at bse instead of nse if you see my kit holding every thing is in nse i dont i dont under stand how this mistake has occured at your side you are requested to do the need ful
Hi, does zerodha allow users to save chart studies for each stock separately?
I had placed an order at 15:19 hrs today but it didn’t get approved, however, the amount was deducted from my funds. I canceled the order and placed it again at 15:57 hrs. under post-market orders. I need to understand that if my order will be approved at the same rate I had placed the order or it will be approved at the price at the time of opening tomorrow. Please guide.
Can we place AMO for Options buying/Selling.
If yes for example if I place options AMO at 10000 & previous day close at 10000. Now what if market opens at 10100?
Will it buy at 10100?
Hi,
if i place pre open market order between 9 to 9:08 on prev close, After 9:15 when order confirmed will it place order on prev day close or current open market?
for example xxx trader prev close is 100 rs, nd market opens at 104 rs, if i place pre market order at 100(prev close) for buy order, what price it will consider?
Is there any problem if so many orders are placed in a day?
No.
Can I use SL or Anything to sell the stock if it reaches certain profit , Eg I’m buying a share for 100 rs and can I instruct to sell it when it reached 120 rs
More on Pre-market orders on this link.
The link isn’t working. Please update
If I AMO order place on market price. And it not exacute beacuse market volatility so high. Is it possible?
Hi,
I placed a CNC AMO order at MRKT price at around 9 AM today in FRETAIL share(which is having UC). It got converted to LIMIT order at 9:07 AM, but still not got executed. Did I do anything wrong?
Why I have been charged brokerage for CNC Orders??? Can you please explain what does this mean “where you have partially squared off your CNC position before the end of the trading day”
Explained here, Santosh.
Hi,
Suppose today, i have bought 10 stocks of Reliance @ 1000 Rs and i have put it on hold for tomorrow.
But i want to set the limit of those 10 stocks to 1100 Rs for sell, after the stock market ends at 3.30pm.
So can i set it with right click and sell under AMO option?. Or will it trigger and set a fresh new Sell of 10 stocks @ 1100 Rs ?
You can place an AMO. If you want to hold it for more than one day, you can also place a GTT order. GTT orders are explained here.
If already set, will GTT trigger in AMO duration? or a dedicated AMO order needs to be placed for after-market timings?
Hi,
If I buy a share in post market sessions at around 3:45
since only delivery orders are placed at the closing price, means I will for sure get the stock on T+2 day
and hence Can I safely sell it on T1 & T2 day(before the actual delivery),
knowing that it will never be short sold as it will only be a delivery order.
Is my understanding correct , or dere is special preferences with few kind of direct members of the exchange or something similar.
This is true. However, if the seller doesn’t deliver the shares for any reason, it could still be short delivered to you.
what will be the scenario when seller will not deliver, since it will not be a short but a delivery sale which is a long position ,
if its not delivered due to NDSL not working or technical error, i don’t think it will go for auction in that case
second scenario can be he sold me on 1 jan and i sold on jan 2 , but jan 3 was holiday and we both might have to settle the sale on same day after holiday on same date., which is the T2 date for me and the person who sold me one day before will be same
but in that also i will get mine from him
and and give that to the person whom i sold it to.
as he sold me first i think first i will get from him and it will be credited
and then mine will be debited
T+2 is always 2 working days from date of sale/purchase. So in your example, first settlement happens on Jan 4 and the second on Jan 5. Also, technical error are something the exchange will not take into account. If you have sold a share you are expected to deliver it.
Hi,
So that means
if I buy a stock between 3:40-4PM
it will be not be a short sale as short selling is not allowed during that period
and since it will not be a short sale, it will be delivered for sure
and since it will be delivered for sure, i can confidently sell that stock on the T1 or t2 day
is my understanding correct ?
If i place a AMO at Market price instead of limit, will it clear as soon as market opens ?
Yes, provided there’s a counterparty available.
thanks Matti for the helpful response. As per the SEBI Document, stock market does not accept Market orders for new ipo releases in premarket sessions. but in one of the tradingqna posts Nitin mentioned that we can place Market orders for this scenario. Is zerodha doing anything special in the matching process?
Hi Matti, Thank you for your response. Can I place multiple market orders in smaller quantities at 9 AM pre-market time with few seconds in between orders?
Yes, you can.
Did not get answer on Zerodha’s tradingqna, nobody is answering phone at 080-49132020. I am new to Trading and Zerodha. I am planning to buy few thousand SBI Card shares as an investment. I am looking to buy at PreOpen price or at the price of first few ticks on Mar-16. I know this is a large quantity, What options(type of order) do I need to choose through kite and When should I put in the order to satisfy my need? Since this is a big order, I dont want it to be rejected or partially filled. Is it safe to place the order through phone? The sales rep told me to place order online ratherthan through phone.
The best bet is to place a market order on Kite at 9 AM on the 16th. If you aren’t sure of being able to place the order at exactly 9, you can place an AMO. However, either way, execution is entirely dependent on the availability of sellers on the market.
Today I have entered After market order for 10500 PUT at price 30. Order placed successfully but when i checked status of it after market open around 9.30 my order got rejected. Due to which i suffered loss of 4500.
Can you please confirm why my order get rejected on opening of market.
Looking at the 10500 PE, I can see that your order was outside or circuit limits and that’s why it was rejected.
Hi Team,
I have placed AMO BUY on Thursday(20/02), but Friday is NSE holiday(21/02). So, do i need to cancel them or they will be approved on the next NSE open day likely on Monday(24/02). Please suggest.
Thanks,
Parveen
If I place an AMO order for an Option to buy at a value of 100 or less. And if in the opening 5 Min, the price is between 80-95, will Option be purchased for my order or not?
Please inform me how to place an AMO order for any value and lesser than that value in case of buying, or any value and higher than that in case of selling.
Hey Virendra,
in the scenario you’ve provided, the order will go through as a market order as the price is higher than the current market price.
You could use Stoploss order to buy higher, learn here how SL orders work.
Hi,
I want to exploit the Gap-up, if it happens, in Commodity futures Pre-open trading, i.e. before 9:00am
I want to purchase the Commodity futures at previous days’ close & sell it later during Market hours.
Is it possible to purchase at previous days’ close ? If yes, how ?
I understand that Market order will be required in such a scenario.
Please inform what would be the best tool for this type of situation – “Regular” order , “Cover order” or “After Market Order” ?
Also, can I use MIS for more Leverage – or I have to do with NRML only ?
i would like to cancel an amo order placed, for which i am getting an error, NEST gateway closed. Y am i getting the error, how to cancel it before the market opens, as tickets raised will be addressed only next day after market is open which is of no use.
Can I place intraday minilots order in after market order ?
Yes, you can.
If stock is available in demat and goes on Upper Circuit then how can i put Stop loss order incase it go lower again
Eg. Stock in demat at: 50
20% UC now at :60 then how to place order at 58?
You can simply place a limit sell order at 58.
Hi,
I have placed a few orders for which money was deducted. But I could not complete the execution. Fund balance still remains the same. If orders were not executed that means buying didn’t complete. then what happened to the money involved?
The margins are blocked for all open orders. If you cancel the order, the margins are released.
Hello everyone,
I want to know what would be the outcome of the following order cases;
Let’s assume RELIANCE closes at 1200 at end of trading day today.
Now in after market session I will place the following order;
BUY ORDER :
LAST DAY CLOSE – 1200
ENTRY – 1202 (above close)
TARGET – 1205
STOP LOSS – 1197
Now I want to know what happens in the following 4 cases on the next day open;
Case 1 – Opens at 1206 (above target)
Case 2 – Opens at 1203 (above entry and below target)
Case 3 – Opens at 1201 (below entry)
Case 4 – Opens at 1197 (below stop loss)
I would like to know this if AMO order is placed before it gets triggered.
I placed AOM order for the selected trade last night. The order got rejected. What is the reason. Do you have any idea how much I have lost because of the cancellation of this order ? ZERODHA is sometimes very very confusing guys. What you explain in your KB and what happens in actual scenario is really very bad. I booked this lot on 4.90 that should get executed on market opening as per you have written in KB but guess what now the stock has touched 17 but by order got cancelled. God knows. Total loss. YOu are answerable
Hi Prasad. Best raise a ticket on our Support Portal for account-specific queries like this.
why my order automatically cancel at 3:22 pm.?
market timing is 9:15-3:50.
Hey Debabrta, we start our auto square-off process around 3.20 PM and all MIS orders are canceled in that time period. The reason being it takes time to cancel orders for all users.
sir,
During normal session 3.15 AM to 3.30 pm
if we have sold off ALL shares of a company at a profit.
Then….by…….3.30 pm the share prices have crashed….
and……
as we feel the share price can still go up next day.
can we buy those shares in the post trading session from 3.40 pm to 4 pm.
will it be considered as a fresh cash buying without affecting our earlier sell off during normal session.
please clarify.
Does Zerodha allow cash buy in post trading session from 3.40 pm to 4 pm ???
thanking you
Tushar Mody
Hi,
Is there a way i can place order with more validity.
Thanks,
Mohan.
Not right now, but we’re working on this.
Sir please add a feature drag drop to modify a order and view of placed order in charts like fyers trading platform.
It is very useful.
Working on this.
The order placed in CNC is not executed till 3.30pm, will it continue tomorrow?
No, you’ll have to place a fresh order for now. We’re working on creating order types that stay valid longer.
Hi,If i placed AMO @ 200 for a stock that has been closed @ 198 during the day and in next day if in the pre market session if it jumps and opened at 210,whether my order @ 200 will get executed or not????
If it’s a limit order, it’ll wait for the stock to reach 200.
I placed Buy order for pre market session as market-regular order… And i did not get any qty.. After 9.08 this order was automatically converted into limit order… Please tell me why my order was converted?
Hey Haresh Jambucha,
This happens at the exchange level. Unmatched orders in the pre-open are carried over to the normal session. Market orders are carried over as limit orders at the opening price. If the opening price is not discovered, market orders will be carried over at the previous close price. Check out this presentation from NSE on Pre-open for more.
Pre openorders are only market orders?
can we place multiple “Limit orders” of small quantities of single or different stocks ?
basically if sgx nifty futures showing lower open, placing a low bid limit orders! (not market orders!)
say my Limit orders placed between 9-9.08am nots get filled -will they be carried forward after 9.30am regular trading? or I have to cancel them to realease margin & place fresh orders ?
Hey Christ,
Please refer to this Support article.
Do we get any ROI too?
Hi.. Suppose I purchased 1 lot of SBIN Future for overnight position. Is there any way I can place my SL order today itself so that I don’t have to login tomorrow at 9:15am to put my SL? I mean is there any possible way to put my SL even in overnight position until my position is open?
For now, you can place an SL AMO after markets close. This is valid for 1 day. Longer lived orders are on our list of things to do and will be available in the near future.
Hi NITIN,Can I place a intraday order in between 9:00 AM TO 9:15AM?
Also can I also place bracket order for the same?
Please reply back its urgent
You can place intraday (MIS) orders, but not BO/CO.
I am providing an example. Suppose I placed an AMO-SL for BANKNIFTY 26500PE @ 110. When market opened, it was 33.7. Can I modify it to 34-35 ?
Yes, you can.
Nithin Sir, Suppose I have placed AMO & not execute as market opens. Can I modify the price ?
If I want to buy/sell equity at pre open market price. How can we buy or sell? ie can we put a buy /sell in between 9.10 AM and 9.14 AM
Can we place pre-market orders (between 9 to 9:08 am) for options in zerodha?
I have seen that in angel broking app, we can place orders for options in pre-market (between 9 to 9:08 am)
F&O trading opens at 9.15 AM only. The pre-market session is conducted only for the Equity segment.
You can place an AMO order till 9.10 AM and the orders will be fired to the exchange when F&O starts trading at 9.15 AM
Hi,
Can a F&O order be modified after market?
If it’s an AMO order, yes, it can.
thankyou Zerodha team, many years wasted my valuable time and money with SK(blood sucker), recently i have adopted your trading system,it is very easy , friendly and economical. It motivate meH and change the openion about the sharemarket.
TRUE
I bought 101 Sanguine Media Ltd stocks at rs 1.6 a long time ago. Now the stock price is rs . 25. But now whenever I try to sell that stock it says ‘adapter is down’ all the time. Please solve the problem as soon as possible. My Client Id is SS2076.
I want to place order which is not cancelled till executed or which is valid till ‘x’ days. Is this possible ?
(Basically don’t want to place the order everyday)
Not right now, but we will be offering this order type soon.
i have placed an amo limit order on thursday but canceled when market open,today my fund balance shows 0 ,how
WHAT HAPPENED TODAY??
IS STOCK MARKET CLOSE “20 SEPT 2018”.
READ IT LOUD!!
Today I place amo tata motors at Rs 277 & order executed at 9.05am Rs 276. Is it possible
Is there a premarket for commodity, if so how do it work and what is procedure for it thank you
The request for Good Till Cancelled (GTC) / Valid Till Cancelled (VTC) orders has been sticking out for about 6 years now. Not having this is a big handicap. As much as I like Zerodha for its simple interface and low trading fees (among other things) I am considering moving to other platforms that provide GTC/VTC.
Why doesn’t Zerodha have it yet?
Hi
Example :-
Sell – Bank Nifty – Call (LTP = Rs.85) (Hold For the Day)
Can I Place Stop Loss on Rs.95 in AMO for last day hold position, to avoid any big loss.
Is it will work or not??? or is there any other way for the same.
Regards
A.K. Aggarwal
Hi
Example :-
Sell – Bank Nifty – Call (LTP = Rs.85) (Hold For the Day)
Can I Place Stop Loss on Rs.85 in AMO for last day hold position, to avoid any big loss.
Is it will in any case or not???
Regards
A.K. Aggarwal
Correction
Hi
Example :-
Sell – Bank Nifty – Call (LTP = Rs.85) (Hold For the Day)
Can I Place Stop Loss on Rs.95 in AMO for last day hold position, to avoid any big loss.
Is it will or not??? or is there any other way for the same.
Regards
A.K. Aggarwal
So in this case it would sell when it touches 101.9 correct?
In this case of example, if I select CNC-SL & wish to sell my shares at 102. What should I give in Price? and Trigger?
My understanding is I should give 102 in Price. And 101 in Trigger Price, so that it would sell as soon as it reaches Trigger 101 & I would be gaining 1 rs profit ?
Let me know on this please.
If you want to sell at 102, it’s best to give a trigger of 101.90 and price of 102. So the stock would be sold within this range. If you wish to, you can also specify both trigger and price to be 102.
Hello,
For intraday or AMO, Suppose I have 1 share buyed at 100 Rs & current value of a share is 98.
I’ll select CNC – LMT to Sell & put PRICE as 102. What will happen?
Will it sell for 102 or 98. If it waits till it reaches 102, then it is similar to Trigger price is it?
The limit order will stay in the system until the price reaches 102. Only then will it execute. The difference between Limit and SL orders is that limit orders are meant for ‘best-price’ execution. This means, if you try to sell below market price, the order would execute at the current market price as that would be a better sell price. SL orders are used to place stoplosses, so would only execute if the trigger is hit.
Hi
I am new….can u please help me in understanding in zerodha
Reliance close at 1000 ,open at 1001 and I want to buy it
Trigger 1002,Target 1010, Stoploss 999
How can i set Trigger,Target and stoploss in AMO order.
Thanks
Amit Gupta
Hi Team,
I have question on CNC. Lets suppose reliance closed price is 800 at 3.30pm. I want to place order at 800 only to buy this share. How can i place it this order which time Morning or evening, what is the best time for this.
Pl suggest
Thanks
Shubham
[…] Pre-market/Post-market/After-market Orders – Z-Connect by … […]
GUIDE ME TO BUY BULK STOCKS SAY FEDERAL BANK, AMBUJA CEMENT, TATASTEEL, SUZALON ENERGY,RCOM FOR 10 LAKHS RUPEES EACH.
Hi,
How does stop loss amo orders work? Will it get placed in the pre market session as limit orders or will it be carried over to normal trading hours? Since prices don’t fluctuate in pre market session how does stop loss amo sell order work or get placed?
Please help me understand this in both the cases given below
A) when stop loss amo trigger price is below pre market equilibrium price.
B) when stop loss amo trigger price is above pre market equilibrium price.
Thank you.
Orders for equity are placed in the pre-market session while those for F&O are placed at 9.15. The orders are just entered on the exchange orderbook and they wait to be triggered.
ARE AMO ORDERS BE TAKEN EVEN ON SATURDAYS AND SUNDAYS ????
Hey Vinod. Yes, they are accepted on weekends.
I am a novice and I tried intraday order by buying and selling just one stock of around 300-400 rupees within 5 minutes. I probably got less than 1 rupee profit. and then again I bought the same stock (quantity 2). I know it sounds risky and stupid perhaps. But how does this affect over all?
Hey Sowmya, you end up paying more in charges. The right thing for you to do is to learn more about the markets before you start trading. You can start investing in mutual funds in the meanwhile on Coin. We run a couple of popular educational initiatives, you can check them out here.
Hello Nithin Kamath
1. I would like know to if I can place buy orders at Rs 10, Rs 8 and Rs 6 assuming that previous day’s close price is Rs 12 and also I would like to place a stop loss order at Rs 4. I would like to know if this is possible using AMO orders. Similarly can I place AMO sell orders at different price levels and place a AMO stop loss order.
2. Assuming that previous day’s close price is Rs 12, I would like to place two separate orders, one is CNC limit buy order at Rs 6 and another is MIS limit sell order at Rs 14 and a MIS stop loss order at Rs 16. I would like to know if this is possible.
3. What happens if the opening price is less than AMO buy order or if opening price is greater than AMO sell order.
4. Is it possible to know or calculate lower circuit or upper circuit and what happens if AMO order placed happens to be below the lower circuit or above the upper circuit.
Thank you.
1. Yes
2. Yes
3. If limit, the order will execute immediately
4. Orders will be rejected if they are outside the circuit limits.
There is no VTC(Valid Till Cancel) like thing in kite. An investor who wants to buy on dips a particular scrip. cann’t place such order. Please introduce it on ZERODHA platform
Sir I wanted to know can I place bracket in premarket session i.e between 9:00 to 9:08
* bracket order
I wanted to trade with aayush on 5/6/18(Today). But it was not opened till 10.25 pm. The same case with water bae also. Why? Do all the companies will not start trade at the same time
I tried to place AMO for Bajaj Finance today. But order is rejected and reason state is ” admin stopped AMO”. Why…?
AMOs can only be placed between 4PM and 9AM, Manu.
I have not seen the feature of converting mis orders to CNC
Kindly embed this feature as we are not able to convert MIS to CNC even if we have surplus funds. This is the biggest Glitch that I have encountered while trading on your mobile application for Android
Just click on the position and select convert. The option has always been available. Check this: https://kite.trade/docs/kite/kite-mobile/#convert-positions
AMO order can be placed in bracket order or not
Hello,
I had placed two AMO orders (BUY TCS @ 3510 & SELL TCS @ 3471.5) for 13 quantities. But when market opens next day both orders have been executed @ 3509.8. I am not able to understand, why my quoted price have not been executed.
hi, i want to trade or take long positions in options. however i work in a factory thus cant carry person computer along during market hours. we do not have access to pi on company laptop.
Additionally, as i observed, not all options/ strikes of a stock are seen in kite. can u pls help me understand how i can trade in options by using kite alone. (note = i couldnt see all option strikes shown for a stock in market watch).
shall appreciate your response by tomorrow
i have placed the order in pre-market session @ 09.01 AM, however it dint get executed and waited for all day, By EOD was cancel, how can i sell i am stuck in Vakarangee,
Please help.
R/Yogender
With stocks like this hitting circuits, you can just place orders and wait.
Hi
Is there any option like good for 30 days or 60 days to buy or sell with a target price?
SIr, if I placed a one order on pre market session what price the order will placed?… For example If reliance closed on 800rs on 26/04/2018 , can i get my order for the same price on 27/04/2018 in pre-market session?…If not what is the possible way to do ???
The pre-market session is where a price is discovered. You can place an order at any price and if there’s a counter order for the same price and quantity, it’ll be filled. Read more here.
Can i place a market order (day validity) after pre-open market closes and before normal market opens (between 9:08AM and 9:15AM)
No, you will have to wait for the markets to open.
Hi How to buy and hold stock in zerodha for long term.I am not big fan of Intraday trading & hence i want to buy and hold for long term and sell as per my convenience.
Hello,
In the case i place an buy AMO (after market order) at the price of Rs 345 the
previous evening and there is a gap up opening from Rs 280 to Rs 370.
Is there a chance of my order being executed.
Kindly clarify and thank you for the same.
Can I place stoploss market order with OCO in pre-market session? Say closing price of SBI is 287. I want to buy it at market price only if it reaches 288, with target points of 2 Rs. and stoploss point of 1 rupee. Is this possible in premarket session? (9.00 to 9.08 a.m. I suppose)
Only market and limit orders are allowed in the pre-market session, Umesh.
What are the extra charges associated with pre, post and after market orders?
No extra charges. 🙂
I want to exit from a script as soon as possible.The last few days it is in lower circuit.
Which one is the best option to execute on zerodha : AMO, Pre-Market Order or Regular-Market order?
Please guide
You can place an AMO, but in such cases, there is no guarantee of getting a fill.
Can we place a BO or a limit order order once pre-open market is closed but before 9:15?
No, you can’t place orders at this time.
Sir Good Morning. How to exit(sell) a stock which is continuously locked lower circuit level ?
Do you have Good till cancelled or Valid till cancelled type orders for investors?
Its really a very good feature other brokerage houses such as ICICI Direct has.
Its mainly useful for implementing auto profit booking for investors,
once you do that, I’ll ask for stop loss orders for Investors 🙂
Can you please consider this?
Yes, these long-standing order types are on our list of things to do Kiran.
please provide notification tone in mobile for kite apps if order executed.
This is on our list of things to do Abhishek.
I purchased a share today. How do I place a permanent stop loss and target order?
Hey Ritesh. The exchange flushes all pending orders at the end of the day. You’ll have to place these orders each day for now. We’re working on building long-standing orders that will be valid for a longer period.
if I place an order during pre-market order or buy as soon as the market opens. which will be faster?
Can we convert MIS to CNC and CNC to MIS orders?
Why there is no option to place future orders on equity? We have to place limit orders on daily basis and if the limit is not reached it cancels at the end of day. I want to place future order so that whenever it reaches that price it should automatically execute the order.
Sir , I have following questions…
1. Can I place MIS-CO-Market order in pre market session?
2. Can I place MIS-AMO-SLM order in AMO market session?
Hey Yuvraj.
1. CO orders aren’t allowed in the pre-market session. Only limit and market orders are allowed.
2. Yes, you can place MIS SLM AMO orders in off-market hours.
thank you for your guidance.
Thanks Mr Matti for yur prompt reply.
Your Q&A terminals are very impressive & quite exhaustive and many thanks for your patience in giving awesome answers to n number of customers.However I also need a small valuable advice on these AMO’s and Pre-market orders session.
AA)Yesterday(09/02/2018) I have shorted one futures stock on NRML basis and end up with a small loss as per the closing price shown at the end of the day but did not square off.But expecting a huge break-up of the price on this stock on the next trading day and to avoid this huge loss ,can I place SL-M buy order(AMO)or Pre-market order? Or any other better suggestion to prevent this huge loss followed by the expected break-up of price?
BB)On the other way ,If such a huge break-down of the price occurs on this particular stock on the next trading day contrary to my expectation,ofcourse I will be benefitted with the presesent situation.But by placing the above mentioned SL-M buy order,will it by any chance triggers even in the case of break down also?
Need your valuable advice at the earliest possible please
Hey Narasimhan,
A. You can only place and AMO order in this case as derivatives don’t trade pre-market. This SLM AMO order will act as a stoploss that would square off your position if there’s a move adverse to your view of the market.
B. No, in such case, the order remains open and will wait for the price to rice to the trigger level to be executed.
Hey,
I placed 3 AMO sell orders (of stocks I already own) today morning around 8.30. Status was “AMO REQ RECEIVED”. Then at 9:00 am following message appears “Due to technical reasons your aftermarket orders (AMO) won’t be placed today. Please place your order once again after markets open.” Now after so many hours the order book still shows status “AMO REQ RECEIVED”. I cannot modify or cancel, nor are they auto cancelled. Also, it shows zero in my holdings, so I cannot even trade for those stocks, what to do now ?? How would they be cancelled? Also, the limit has exceeded for them now so I don’t want to sell for low prices.
Pl. enable basket orders option at single click in Kite Platform also as available in NEST. Thanks.
This is on our list of things to do.
I will get out of Zerodha….
Sir I am selling my shares in AMO in market order….
It is automatically converted into Limit Order….
Please help me to solve this problem…
Hello Nitin Sir…..
I have to sell my shares…..
I have applied in AMO but my shares are not sold on next morning….
I am in urgent requirement in selling shares because it is continuously hotting lower circuit….
Please help me to sell my shares….
Its Urgent… Nitin Sir..
If there are buyers available, your order would go through. I’m afraid you’ll have to wait for a buyer. If the stock is hitting lower circuits, this means that the liquidity is quite low and so execution is not guaranteed.
Sir It is Urgent I want to sell my shares any how…..
Suppose I cancel my AMO order immediately on friday night, when will I get my money back ?
After the market open on Monday ?
Is there an option to place orders and the order validity is till the user cancels it or executes itself after fulfilling.
For example: I want to sell the share ABC when it reaches Rs100 currently its Rs45, to reach Rs100 it might take several months so I can place the order open now, executes itself at Rs100 after several months?
Not as of now Giri, but we are working on this.
I think that’s going to be a great feature if you ask me, which can hold good for buying and selling both.. And obviously I believe you let it know everybody when you have this feature/option 😉 ..
Good Luck !!
Dear Team,
is it possible to place After Market Order in MIS with SL or SL-M using Zerodha Kite APP?
Yes, you can.
I am not able to place AMO. The error “the request not registered” appears. please advice
regds
I too get this error sometimes, especially in the nights after 12. You will also notice that you cannot login into Pi with a “no response from server” error. Try after some time…
We run a daily maintenance process on our servers post-midnight, at which time the platforms are inaccessible.
Hi,
Can I place AMO order for SME shares? There is no concept of Pre-market session for SME shares and market opens at 9:15am.
If yes, how much time it will take actually to send order to Exchange; less than 30 seconds or more than 30 seconds?
Regards
Hello,
I am a beginner in the field of stock market, I have been through Zerodha varsity, but still there is a doubt, suppose a hypothetical situation where Nifty 50 Jan fut is closed today at 10641 and tomorrow it opens directly at 10700 so there is a difference of 59 points ( max profit 59*75 =4425) and I want to trade tomorrow with intraday approach . My question is ,if it is really possible to get this profit in a day then what type of order should I place and at what time? Thank you. Zerodha Rocks.
i can’t get one thing when stock price is suddenly gets fall down ( i.e it comes 500–>490–>480–>450) At this time every body it trying to shell their shock then who are the buyer at this moment.
same Reversly
it stock price is suddnly getting up (i.e 450–>480–>500). When every body want to buy and a person who has already buyed they keep holding. so who are the seller at this time..
Can you plz guide me…Since 6-8 month i have started with zerodha…if i place any order in amo…I’m not getting Exchange Order ID & time exactly at 9.00.00am. It take delivery on 9.00.32 or 9.00.48 seconds….Any i had never seen my number come first in buy or selling….of any of script…What to do…How will i get exchange order id & time exactly on pre-market timing 9.00.00am..
Awaiting for your revert..
Hi
I purchased 30 quantities of idea at 105.05 on Thursday and sold them at 117.15 on Friday to book the profit. I repurchased the 50 quantity at a price of 115.20 on Friday. In my P&L section its showing a profit of only Rs.30 , profit on the 50 quantity . When the profit on the 30 quantity which i bought on Thursday will be reflected?
Thanks
Aadhar
What happen if I can’t squre off my future position on exipirty date ???
As we trade on cnx nify futures of any particular month, can we trade on normal nifty 50 index
Jay Bharat
I have trading account in zerodha
Sir,
My question related to Pre Opening of market is
1) Can we place post closing order between 3:40 to 4:00 pm in ZERODHA
2) If I place AMO order at 8:00 pm.(For Example TATA Steel) I put After market order of CNC to buy at Price of Rs 835. Now Previous close price is 830 and next day at 9:15 am Opening price is Rs 840. So at opening of market will my order will execute ??
3) Will it execute before 9:15 ??
4) Is our After market order is automatically converted in to Pre open order at 9:00 am ?
5) Or we have to put Pre open order only between 9:00 to 9:07 am ?
6) Can i see my pre market executed order in my order book before 9:15 am ?
7) All above case are for both CNC and MIS
Hi,
Have been trying from past few days to place an order in pre opening session but the order is not getting executed. Please guide as to how to place an order in pre opening session. Thanks in advance.
In the pre-open session, there is no way to guarantee execution, you can only place a market or limit order and wait to see if it goes through.
1. What is SEBI listing obligations & disclosure requirements….Means…????
2. When a company get delisted from stock exchange…After Meeting of board of director done.
3. How to prepare ourself by lossing our money from stock market…..Before delisting of any company.
Dear Sir ,
Kindly clarify whether I can place disclosed quantity in after market orders.
No, disclosed quantity cannot be used for AMOs.
i want to hold stocks for 1 or 2 years so how would i do purchase stocks..???
Just place a CNC buy order.
dear sir,
my question is can we take leverage and trade in pre market and sell in post market.
I’m afraid not.
Hello Team,
I wish to migrate to Zerodha from another DP.
How can I do that. Is there a smooth way to that.
Regards,
Shashank Aggarwal
Yes, you can. Check out this post.
Hello sir,
I am sjvenkatesan i need more than 5 page in market watch list kite.. its is possible .? Compare to other trading platform zerodha have limited market watch list page upto 5 , at the same time we can’t add market watch title on your given 1 to 5 pages. Kindly please add multiple page options. Its really very useful.
Thanks,
SJ Venkatesan
When will you guys enable After Market Stoploss order, now AMO can only be placed as a limit order, I am asking this for a very very long time
Hi Nithin,
I had a query related to the Futures & Options segment. If I have an open position in commodity futures, I know I can place a SL order for the same but I want to know whether I can place a limit order as a target for the same open position? I am holding the position overnight. Probably for a few days even. Will the limit order be executed as a target order for the open position I have or will it open a fresh position?
Would appreciate your help. Thanks.
~Abudhar al Hassan.
You can place a Limit order. But if the target executes, make sure you cancel the stoploss order to prevent opening another position.
why don’t show the total cost of order in your equity order box? If I type the quantity, you do show “Stock price” x “quantity” in the blue header. But there is no value for that multiplication.
We’ve tried to keep the platform as lean as possible. This is something that is quite a straight-forward calculation and was left out in the interest of speed. Will talk to the team and see if it’s possible to display.
i am new in trading, please suggest if i buy or sell one stock around 20 times in same day, then brokerage charge for total value of one share or charge one by one buy and sale value
Rakesh, the brokerage is charged per order. So if you execute 5 buy orders and 5 sell orders, you’ll be charged for the ten orders, irrespective of whether this was for the same stock or different stocks.
How can my order can be first order in the market?..This I am asking ’cause few shares with very low volume & very high demand do executed on daily basis. However, though I am placing AMO order, It’s not get executed since I am not the first one to place an order. Is there any method in kite so that probability of my order to be first in the market increases.
No way to guarantee that, I’m afraid.
Sir,
I have query regarding pre-open market trading.
At which price, I could place an order?
If I place order during pre-open session, can I sell on same day(Intra-Day)?
Regards,
M.Maheshwari.
At what price you place an order in the pre-market session is your choice, really. You can only place Market or Limit orders though. Yes, you can place intraday exit orders for these positions.
At what price AMO sell order is processed.
If you’ve placed a market order, it is executed at the best available price one the markets open. This need not be the open price you see on the market depth as there are a lot of orders that hit the exchange as soon as markets open. Whenever your order is queued in, it’ll execute at the price available then. For limit and SL orders, you define the price. If you’ve defined limit price below whatever the market opens at, it’ll execute at the market price.
sir
I want to know if i placed order in equity during PMO , order will be placed on that day limit or can i put a limit of buying and selling then place it
Hey Dilip, you can place a limit order in the pre-market session. If your order is not filled in this session, it is automatically carried forward to the normal trading session.
(i)What’s the DP charge showing
in ledger?
(ii)How DP charges calculated ?
Akhil, check this post out.
Target: To get a buy into the pre-opening market at market price for a particular derivative
Question: Which one is better? AMO placed at 1615 hrs. OR Placing the same order at 09:01 am?
Kindly clarify..
Derivatives aren’t traded in the pre-open session. An AMO placed after market would execute at 9:15. You’d have better chances with placing a market order at 9:15 though.
can i place mis order in pre open market order?
Yes, you can.
how to pre-trace any company equity share are going to be suspended by sebi in bse or nse…
There is no way to know in advance. You can keep track of the announcements on BSE and NSE circulars page.
what does quarterly board of meeting means….is related with BSE or NSE to stop the trading in stock exchange or any other idea….
Is leverage provided on AMO orders as well. Kindly guide.
Vatandeep, leverage is provided only for intraday, so no.
how can i buy using kite in pre market trade.
which one is better AMO or pre market orders.
Are there any options like GTD in sharekhan.( ie. can we place an order which is valid till a particular date?)
Can AMO order be cancelled during market hour.
If you have placed an AMO for the next day today then you can.
Can we a buy a stock of type regular after market hours without using AMO in kite?
Dinesh, the post-market session or closing session is open from 3:40 PM to 4:00 PM. During this session, you can place buy/sell orders in equity delivery segment using the CNC orders.
RESPECTED NITHIN KAMATHJI, I SHALL BE HIGHLY THANKFUL AND WILL BE IN THE INTEREST OF INVESTORS IF YOU KINDLY START THE MARKET TIPS FOR EQUITY MARKET AS I AM ALWAYS OBSERVING YOUR FRIENDLY AND PROPER GUIDANCE TO THE INVESTORS LIKE US.
Ravikant, at Zerodha we’ve always believed in educating traders and investors. You can check out our educational initiatives here.
what does the message adapter is down mean ?
How can I place pre-market order through Zerodha ?
Debjyoti, the pre-market session is open between 9:00 AM and 9:08 AM, you can place orders during that period.
I tried to place a AMO stoploss order, but it got rejected and I got a message “cannot store amo orders.order type cannot be sl or sl-m”, last month you guys told that you are activating the amo sl or sl-m order but till now it is not available. Please activate it .
Debkrishna, we are working on it and you should be able to place SL/SL-M AMOs soon.
Can I place buy/sell order for OPTIONS between 9 am and 9.05 am ? and can I modify/cancel the order before 9.08 am? when and how will I know wheather the order has got executed or not ?
thanks
Yes, you can place AMO orders. You can place, modify and cancel orders for F&O till 9.10 AM. All AMO orders will be sent to the exchange at 9.15 since there is no pre-market for F&O. You can keep track of your orders from your orderbook.
can we place AMO for currency futures
Yea.
Sir,If i placed buy order xyz share with order type CNC in AMO and suppose it gets executed at 9:16 can i take delivary of that stock ?or do i need to square off before 3:20?
You can either sell it intraday or take delivery.
I opened only trading ac. Can I see the nifty index open.high.loww.inthe MarketWatch
Which indicator is best in renko chart and box size.
Thanks
Valliappan
With only trading, you can’t see index. You will be able to see F&O contracts only. If you have any other demat account, email that to us. Our team will have that mapped.
Nithin,
When Gtc: Good till cancel order will be available.
Savita, on our list of things to do but will take time.
How to calculate margin for AMO ?
Not for futures.
I want to buy suppose IDEA stock at 79 today after 4 PM, let say 1000 stock.
Will my order get executed on 9:15 AM next day as i don’t have 79000 Funds in my account. Assume market opens next day at 79.
I know if it opens at 80, my order will be in pending mode.
Just a confusion about AMO margin.
Margin for AMO and normal market are the same. You can use this calculator: https://zerodha.com/margin-calculator/Equity/
If i order to buy NBCC share at 9:01.at that time its price is 210.30 so when the order will executed? And which price?
all orders are collected and matched at 9.07 am in premarket. If your limit price there is an offer it gets at that price, otherwise the order will continue to be open when the normal market opens.
Sir.. That means if i place market price order.So that order will executed that price which will shown at 9:07 am.Is it true sir?
Pls tell me..
Yes. But this is only if equilibrium price is found during premarket by the exchange. Otherwise, the order will continue to normal market.
Sir…I wont to open my demat account in ZERODHA.but i am 17 year old. I have my PAN CARD.but in pan card it show that i am minor.. Will i open demat account in zerodha? If not let me suggest when i will abale to open my account?
Ah no Nirmal, you have to be 18 first.
Sir.. In pre market which order that i will place? AMO or REGULAR
Regular
Hi Nithin,
I want to know that, if i search any share in kite. Two option displayed, for example i search for reliance, it will show Reliance-Be and Reliance-Bl what is that??
Check this answer.
Sir.. Can i buy equity share in pre open market session?
Yeah
Is it use for intraday trading?
Yeah, once something is bought in premarket it can be sold once normal market opens. But within premarket, u can’t buy and sell.
How i placed pre-market order for equity?
Place an order as AMO or between 9 am to 9.07 am, it automatically is placed in premarket.
Sir,
i want to put a buy order at 9 am for a particular stock. at that time can i know at what price it will open.
Opening price will get determined when market starts at 9.15 am.
I have tried to sell the stock at limit price of triveni engg at 88 rs in amo. The previous day closing price of triveni engg was 90 rs. So next day triveni engg opened with gap up opening around 93rs and still my order get executed even though I place sell limit order 88 rs. Kindly explain
If you place a normal sell order with price lesser than market price, it will get executed at market when it opens. To place Stoploss orders, check this video.
Sir, I would like to know more about CNC trading 1. Is it possible to sell the stock on T+1 and after some time the stock price goes down so again purchase the same stock and same quantity to keep in the holding. is it possible to do the same thing for the stock which are in demat account that means after T+2. From where i will get more knowledge about this/ please guide me.
Yes, possible to do both without affecting your holding.
Those pre market details are available in NSE india website. If the pre market data is bullish, does that mean the market will also be bullish?
Thank you
That’s a question we’ll refrain from answering, on purpose 🙂
Today the pre-market seems bullish. Market opened gap up but it went down steadily.
Confused in AMO
SBIN Currently at 279 in Kite left side market watch (Actually at 278.70 by NSE), 278.94 in Chart and many different reading in chart by different time frame.. Now i want to place AMO for buy as well as sell. Three different values
Buy : 279.70
SLM : 277.25
Buy Exit at 280.70
Sell : 277.20
SLM: 279.80
Sell Exit : 276.20
Query
How many orders will be executed(expect opening price will be between 278-279)
1. If market goes to 281 uptrend, it will reach 277.70(Buy) then it will reach 277.80(SL for sell)…this means i gain 10 paise profit ?
after market reverse
2. What if market goes down and hit SL for buy which is at 277.25 or it will execute my sell order which is at 277.20
I just want to book trade of previous day(OHLC) calculation on AMO. With stop loss of both the way, either uptrend or downtrend.
How many AMO order i have to place ?
Which order is priority AMO or Pre Market which will get executed first? Is it like AMO will be executed only @9:15 or after as compared to Pre Market which gets executed @ 9:00 to 9:08 AM.
All AMO’s are placed at 9 am itself in the premarket. So when market opens, they have the highest priority. If you place a market order at open, it will have lower priority.
Can AMO orders be cancelled?
Yes they can.
sir, please provide guidance regarding hoe to place short sell order.
Your regards.
thanks,
You just have to chose MIS and sell. Why don’t you go through the video playlist here.
Is AMO applicable to limit losses on outstanding FnO positions.
If yes, what will be validity of such SL trigger order?
Thanks!
You can’t place SL AMO orders.
Dear Nitin,
Many other online trading platforms offer a concept of “Good till Cancel” order. In this case the order stays valid till the date mentioned by the investor. The date can be 365 days from today’s date and works for both buy & sell orders. The order is executed as soon as the price is hit.
Is there any particular reason this is not present in Zerodha platform? Please include it, this is very useful for long term investors.
Currently the Equity Exchanges don’t support GTC orders, brokers who are providing you this facility are using a very hacky way, something we aren’t comfortable doing. We’ll let you know once this facility is out.
When you guys are enabling AMO SL order which is very useful, currently only AMO limit order can be placed . Can you give us any timeframe within which you are enabling this feature.
Hopefully in the next 3 to 4 weeks.
Is there any premarket or post market sessions for Nifty options? or for that matter any derivative instruments?
No pre/post for derivatives.
Hi,
Can I get scrip-wise, date wise details of all my trade in excel which shows details of brokerage, STT, GST, Turnover tax etc. (scrip-wise, date-wise) for a particular period as I get from another brokers.
Thanks and Regards
Ravi Kumar Chona
Login to q.zerodha.com and click on tax P&L under reports.
Respected Sir,
In Zerodha there is no Graph chart for 5hr duration …
after 1hr it shows directly for 1day …??
Sir,
5hr graph is very vital … Please Provide the same at the earliest…
Thank You
Arvind
I buy 3500 share of dwekar ind but now i can’t sell it my order is always pending there is only sell in this stock wt can i do no.call trade phone no i want.
Ravi, the stock is hitting circuit down then. There is no way to sell such a stock if there are no buyers.
What is soluti for this stock now what can i do any futures for this stock
These kinds of stocks are not allowed trading on futures an options. Nothing much you can do.
My money gone for this stock i thing
Hello Sir,
You have provided almost all types Orders, But the GTC Type Order whose validity will be till the expiry date, is not available with you, for the investor type, positional trader, this is a very convenient and helpful Order type, i have found this with every other broker i have experienced … Please consider this and please provide this at the
earliest ..
For positional traders GTC Stop Loss Orders is very vital, to protect your clients during Gap Up and Gap down Openings
Sir On Realizing its importance , Zerodha does not look complete without it …
Sir,
Awaiting your positive Response
Thank You for Your Support and Cooperation …
Yours
Arvind
Yes Arvind, we are trying to get this enabled.
Thank You Very Much Sir,
Your’s will be the BEST Platform Around …..
All the Best …
Thank’s Once Again …
That was exactly what i was searcing for also..
would be great if zerodha added that feature also
Hi,
I have a query on the way orders are squared off in MIS.
In case the square-off order is not executed at the end of the trading session, how is it handled?
For example, if a BUY MIS order was executed during the trading session, but the SELL order did not get executed at the end of the day, how are these shares handled?
Does the user have to bear any additional charges?
Thanks
The onus of squaring off position vests entirely on you, as a broker we’re only facilitating squaring off of MIS orders. In the eventuality, the position could not be squared off for whatsoever reason, you’ll have to bear the costs that come along with it.
Hello sir,
I have few doubts:
1) What is the purpose of “disclosed quantity” option in buy/sell window??
2) At what time the AMO are sent to market at 0900 or after 0915??
3) Could you please elaborate actually what is cooked up between 0900 and 0915??
4) What I understood is we can not place BO &CO premarket session, only place simple limit order will I get leverage for the same or not??
From your point of view How can we make best use of pre-market session??
SUGGESTION:-In kite it will be useful, if you provide an option to name the market watch instead of numbering them 1,2,3….etc
Regards
1. Check this.
2. Equity orders at 9am and F&O at 9.15
3. Explained in the post above.
4. Yes. Pre-market isnt’ really meant for trading, it essentially put to reduce the volatility at the market open.
Want to know about Validity in Order placement. Can we use VDT option while trading in Cash??
Not currently.
Please tell me, can I used AMO order to put stoploss in equity after 4 pm to 8.59 am.
Does NSE have the historical data of Pre-open market sessions ?
No
Hello Nithin Sir, I was wondering why a concept of short selling in cash segment more than intraday is totally lacking in India..
In USA, traders can short stock in cash segment by holding the short position for more than one day by borrowing equity shares from their brokers at some interest charges. Some US brokers who provide this are THINKORSWIM , ETRADE , INTERACTIVE BROKERS etc.
Is it possible to bring this concept in India?
That would be awesome if that can happen..
please reply…
Rajat, for this concept to come through, we need to have a vibrant Stock lending and borrowing mechanism. This is not popular in India currently, but SEBI is trying. Check this.
Thanx for your quick response, sir.
I checked the link It says that only those stocks can be borrowed and lent which have futures and options. does it mean others stock can not be borrowed and lent?
I have demat acc with Zerodha. How can I apply for SLB through zerodha?
Yeah, currently SLB is available only for F&O stocks. There is no liquidity in the SLB market, so no activity as such currently. Check this.
When suppose to expect the rupees refund process from exchange if any company stock has been suspended…
hmm..there is no concept of refund if a stock is suspended.
If I may! Can you explain me about pre market order? Like if I buy a share b/w 9:00 to 9:08 and it was previously closed at for eg. 800 and opening price starts at 820 so will I book that profit? Or it will start at opening price and can I trade it in MIS or it will be traded in CNC
It is explained in detail on the post above. Check the video on AMO here. B/w 9 to 9.07, you can just place orders, no trades will happen. Order matching happens after that.
Sir as Harsh Sharma asked earlier my question is same ; that if I place bracket order in the pre market session with a limit price of 801 when a stock previously closed at 800 then if market opens at 820 then can I book that profit or not? if not then what will happen to my buy order. will it be cancelled or not?
and also if I place a selling Bracket order at 780 during pre market session and market opens at 790 then what what will happen ? will my order be executed at the lower price of 780and I have to take loss of 10 rupees or if when price will reach to 780 then my order is executed? Please explain ..
In premarket brackets are not allowed. It will get rejected.
but if only limit order is allowed then can I place both stoploss limit order and buy or sell limit order simultaneously in pre market session? if yes then on the above situation i’e” if I place limit order in the pre market session with a limit price of 801 when a stock previously closed at 800 then if market opens at 820 then can I book that profit or not? if not then what will happen to my buy order. will it be cancelled or not?
and also if I place a selling limit order at 780 during pre market session and market opens at 790 then what what will happen ? will my order be executed at the lower price of 780and I have to take loss of 10 rupees or if when price will reach to 780 then my order is executed? Please explain ..
Vikas, SL orders are not possible in premarket. Since exchanges don’t allow setting of triggers in premarket session.
If you place a limit to sell at 780, the order gets collected and matching can happen at 780 itsef and execute after 9.07am. It won’t wait till 9.15 am for market to open for trade to be executed.
Sir one last question.. 🙁
is margin order is allowed in pre-market session or not? and if place a limit buy order at 20 and market opens at 25 then what will happen to my order, will my order be cancelled ?
and also “Thank you Sooo much ” for very quick response and clearing my doubts… which were stopping me to trade… Thank you again.. 🙂
Yes margin orders allowed. If market opens at 25, your limit buy at 20 becomes pending. 🙂
when can i expect the gtc order to be available.
That will be really helpful.
Will take more time.
How do I placed “stop market order” or “stop limit order ” for entry in KITE. e.g. if price is at 100 and i want my buy order to be executed as soon as any trade occurs at 101 not before that.
Check the video on stoploss here.
Can AMO orders placed in Basket ??
No
After placing order in AMO will it be available for preopning session.
I want to place order exactly at 9:00 AM.
You can manually place it at 9.00 am.
Check this answer Preet. Bonus shares can take upto 2 weeks to be credited. Until the new stocks get credited, the P&L wont’ show right.
Hi, if i buy a stock in F&O Normal Mode between 3:25 To 3:30 PM.. how can sell that on next day at open price . can i place AMO sell Market order, is it execute at open price once market opens.
kindle advice
Yes you can place AMO. But AMO is like a market order placed when market opens. So no guarantee that you will get the bestopening price.
I am new to trading and have recently open account in Zerodha. I have downloaded kite on mobile and also using kite web but i dont get any link for downloading Pi desktop version. Please help. My ID is ZI9562.
Also please advise, in case of any problem in ordering to whom should i contact for quick resolution during market hours?
Check this link: https://zerodha.com/z-connect/category/tradezerodha/pi-tradezerodha, explains all about Pi. You can call 080-40402020 for this.
Today morning, I gave limit order to buy federal bank call option. Even though limit price was reached trade didn’t get executed. And after some time, call option price went up before my eyes. I was disappointed. Is it that AMO orders are first executed? Please let me know so that I can trade effectively.
Today morning, I gave limit order to buy federal bank call option. Even though limit price was reached trade didn’t get executed. And after some time, call option price went up before my eyes. I was disappointed. Is it that AMO orders are first executed? Please let me know so that I can trade effectively.
Hello Nithin Kamath
What happens if AMO limit order (buy order) price is greater than opening market price? For example AMO limit order price is Rs 10 but as soon as the market opens the price is Rs 9 and in this case at what price the order will be valid.
Thank you.
It will become like a market order.
I think it will become Limit order, not market market order. Otherwise what is the use of giving option to select Market or Limit order to trader?
Limit order is when you want to buy lower than market rate or sell higher than market rate.
If you place a buy limit order at a price higher than market price, it’s as good as placing a market order. The trade will get executed immediately.
Any plan for supporting the placement of AMO orders in Kite Connect API ?
Yes, but will take time.
Sir i have added 1000 to my zerodha account and bought Idea shares as CNC AMO yesterday but today it is showing rejected with error “RMS:Margin Exceeds,Required:930.00, Available:0.00 for entity account-ZP7827 across exchange across segment across product” also showing 0 balance in kite and 989 balance in q.zerodha.com. Why 11 rps got deducted and what did just happened?
Ankit, if you use the payment gateway to add funds there is Rs9 +ST for PG. you can transfer using IMPS to avoid this. Check this: https://zerodha.com/fund-transfer
AMO before 9:00 am . SL-M order possible or not for buying as you have clearly mentioned above it is possible.
“Instead of keeping a limit buy at 7670, you can place a SL-m buying order with trigger at 7670. So unless market opens above 7670, it won’t be bought.”
ok , I got it , it is for nifty futures. In futures you have mentioned.
( In Equity Segment) . If I have strong feeling If the Stock Hind Petro touches 521 it will go higher . So If I wait for opening I cannot get execution . If I want to buy the stock in pre market at 521 at 9:00 am , I can use Normal- MIS – SLM- TRIGGER- 521. If price come to 521 It will be executed at 521 or higher .
1. If it get executed it will be shown in executed orders or not ? If it is not executed it will remain in system we can cancel or modify only after market opening. Since no modification allowed after 9:07.
2. Can we place SL-M for this order , and Can it will get executed in premarket , if there is too much volatility.
3. If we can place SL-M for this order , it will be remain in system till it executed at market opening or I cancel it after market opening.
4. We can place – LIMIT , MARKET , SL-M ORDERS ONLY WE CANNOT PLACE SL ORDERS IN PREMARKET.
In pre-market SL orders are not allowed. Only limit/market.
yesterday i placed an after market buy order of abnuvo at 1645,now even though it opened at 1644.70 today, my order didn’t get executed. why?
clarify
AMO orders are fired at market open to exchange. If that open price happened before your order hit the exchange, it will not get executed. Almost impossible to get the opening ticks of a stock.
so what one should do , so that the probability of orders getting executed is high.
pls suggest
Hmm.. the first few ticks in the morning, there is nothing much you can do, after market buy order is the best bet.
hi, there i have a query , that’s can in after market order can it be place in bracket order way and use leverage if its a stock mentioned in scrip for margin; also can we delete this order after the mkt open and share to be bought is seemingly at higher price wherein stock going down
No AMO can’t be used with BO.
IF I Could not place order for BTST at market closing time. can i place this same order in AMO to get same closing price of share for BTST. ?
what is last trading time to receive order in CNC for BTST… 3.19 pm or 3.29 pm? and morning selling time?
Please reply soon.
You can sell until 3.29:59. Yes you can place the same order as AMO, but the price next day will be different.
Is this Possible?
1.If I want to buy Just Dial at 453 at market opening . In equity before 9 am & In Futures before 9:10 . Can I place AMO-MIS-SL , TRIGGER PRICE 453 , PRICE 454.
2.Is this Correct . We can modify orders before 9:00 am and after 9:15 am ( When the market opens) but not in between once the order is placed.
1. You can in F&O, equity you can’t place SL orders as AMO.
2. You can modify until 9.07 am in equity (premarket) adn 9.10am in F&O.
1. If I want to place limit order between 9:10 – 9:14 to get exact price . So it get executed at 9:15 , What order type I should use AMO or Normal Order with MIS product.
2. If I want to place Stoploss for this order between 9:10-9:14 . What order type I should use AMO or Normal Order.
In Equity as well as Futures
1. AMO orders can be placed only till 9 am for equity. F&O AMO also can be placed only till 9.10. Doesn’t matter NRML or MIS.
2. Between 9.10 to 9.14 not possible to place any order.
Do I need to cancel any open CNC order at the end of day or it will get cancelled automatically(if yes, is there any charge included ?)
Gets cancelled automatically.
Hi
I have a question about AMO.
So, if i place an AMO today at some price to buy a stock, let’s say for Rs. 100, will it be valid for any price fluctuation during that day or will it expire if the stock doesn’t open at Rs.100.
Regards
AB
the order will get placed at 100, will be valid till end of day.
If I place AMO at 8 am for selling XYZ share at some target price and if the share price not reach to my target price. Can you tell me what happen in this case Q.1) AMO automatically cancelled at 9:15 am or it exist till market close 4 pm Q.2) If AMO exist for a day then can i Modify order after 9:15 am or later ?
1. It will exist till end of day.
2. Yes you can modify anytime after 9.15 am
Are pre-market orders (MIS, for example) valid only till 9.08AM or till 3.20AM (square-off time)?
valid till 3.20pm
Thanks for the info…
Amo orders placed at 8 30am and pre market order placed at 9 am for the same stock..
Sir plz clerify me.. Which order will be executed first..
In pre market session..
index futures are eligible for pre-market orders?
Hi Abhishek,
BUY/SELL Orders for FNO segment cannot be placed during the Pre-open session:
Also, Zerodha has made recent changes to how The AMO order functions:
https://zerodha.com/marketintel/Bulletin/316
Hi , can u plz tell me why all my pre open orders in nifty options are getting rejected
Akash, Future and option orders can’t be placed during the pre-market session.
Can I place AMO for buying call option on Sunday ? Will be executed on Monday as soon as it opens ? Or can I place it at 9 AM on Monday ?
Hi Chandrasekaran, Since F&O orders can’t be placed during pre-market session, All F&O AMO orders will continue to be placed at 9:15 am as soon as the markets open.
Sir plz clearify me..
Suppose i have strong feeling that price of this n this stock will rise up.. So shud i place a amo order or an normal order at @9 to get the shares at early as possible. .
Hi Rahul,
You have a better chance at the order getting executed when placing an AMO.
nitin ji,
what is difference between normal margin and mis margin in fno equity
Vijay,
MIS margins are 40% of the NRML margins.
Ex: If the NRML margin on a contract is Rs.50,000 in MIS you’ll only require Rs.20,000 to take that position.
Check here for a more detailed explanation.
hi, i am new entrant right today is my first day with ZERODHA.
let me know if i places a AMO order and it`s not executed in pre market session , can i cancel it on day trading time ,yes or no
vijay kumar arora dwarkA NEW DELHI
Vijay,
Such orders will get cancelled if the order hasn’t been executed.
You would be able to check the status of such orders in the order book.
As per what I’ve understood, AMO orders are sent to exchange at 9.15AM and are valid till 3.20PM so they won’t get canceled during pre-market duration. Somebody please correct me if I’m wrong.
You are correct. If they are MIS orders it is valid till 3.20 PM, if it is CNC/NRML, it is until end of trading day.
Hi Nithin,
I am a BTST trader in FnO. I buy during mkt hours and place AMO sell orders the same night and wait till next morning 9.08 AM to see if the underlying stock is showing strength and depending on that, I try to modify it. Since the last 3 sessions, some of my orders could be modified, some not. Could kindly clarify as none of the customer care guys could answer my question and I’m sure I’ll face this 2moro morning as well. They even said they ‘ll arrange a call back but never received any which is strange as per the high Zerodha standards.
Please specify clear timings when I can amend these orders. If I’m not able to modify, should i change the AMO to regular order?
This is very important. Kindly reply asap. Thanks.
Pratheesh
Hi, all AMO orders can be modified only till 9.10 am. Am checking why our team didn’t inform.
Thanks Nithin for your quick reply. Huge fan of your company’s efforts and Pi! Through your system, you have turned retailers like me to become marketers of your products thru word of mouth.
nitin,
please tell me, can we cancel orders like this in market time 9.15 to 3.30
Hi Nithin,
Consider if I want to buy the stock at Rs.100 at 10:30 AM and I want to sell the stock at 11:30 AM with the price at Rs.105. How it can be done? Please help.
Hi Nithin,
On Zerodha Kite Platform the chart for the Stock or futures are displaying time on X-Axis as 14.15 @ 9.15AM in the morning.This is for the first time i am observing.Awaiting your response.
Regards,
Radha Krishna
Hmm.. can you see your computer time. If your computer time is set wrong, this might show wrong.
The decision to limit AMOs only to limit orders & at pre-open timings seems just an excuse and an easy way out by zerodha towards their problems.
Instead, a more pragmatic approach would have been firing AMO Limit orders in pre-open session and market orders when market opens.
As always customer service, is always recused by zerodha.
You still haven’t made GTC orders available. One of the discount broker has already made it available.
Going by your approach towards AMO, seems just empty words towards GTC introduction.
Vaibhav, these are not things that can be deployed in a hurry. We are working on sending both market and SL orders for equity at 9.15, but this requires work/time. At the scale we are at, we can’t give a feature that can cause us issues. Exchanges don’t support GTC, it is a layer we have to build(all pending GTC/VTC at end of day has to be replaced next day morning as AMO. there is no way to keep the order on exchange system). There was a recent big arbitration case where the client has gone to SEBI saying he had placed a VTC order, market gapped down and his order wasn’t executed. He is claiming for the losses. The other guy is a % brokerage guy,he can probably take this risk, we charging 0 can’t.
I purchased 50share at market price using AMO, market price was 125 and than when market opened next day it cost me 129.80 even in whole day price never went above 125.5 how come i was charged much higher then price??
Ankesh, first few ticks of the day are always volatile, it is best to always place a limit order.
everybody saying Today, 25-04-2017, is the last trading day for cairn India. now i have just found 33180 shares are in post market offers side. so tomorrow what will happen to these shares ?.
thanks in advance.
Yes, as per the corporate action in this case it is undergoing scheme of arrangement which results in it’s suspension of trading from tomorrow(26th April) and all shareholders of cairn will receive an interim dividend of Rs 17.7 per share as approved by board of directors of vedanta along with 1 equity share of vedanta and 4 redeemable preference shares of face value of Rs 10 with a coupon of 7.5%. To note cairn is merged with vedanta.
Any idea how and when these preferential shares would reflect on Kite?
It won’t show up on Kite as it is not listed on the exchanges. You can see it only by logging into your demat account on CDSL.
When we do intraday trading during pre market session, which order should we provide?
Can we provide a bracket order? (limit or market order?)
Can we provide a cover order? (limit or market order?)
No brackets or cover allowed in premarket.
Hello sir,
If any company is suspended from exchange due to some reason..Is there any possible way to get back of related company shares which borrowed earlier..
Companies are suspended for different reasons, removing them from suspension is the prerogative of the regulators. If they are removed from suspension, they become trade-able again.
Hello Sir,
As I fall into the category of – ( This facility is available on Zerodha for people who can’t actively track the markets from 9:15 AM to 3:30 PM )
I would like to request , to Place a BRACKET ORDER for next Day.
If I am not mistaken Other Brokers do providing this Facility.
Regards.
hi, many times i place order with zerodha in amo previous day and when i saw in next day pre market open..the time reflect to me is 9.00.08 or 9.00.23 or 9.00.45…Why exactly you don’t trigger to nse/bse server at 9.00.00am…This make lots of difference and miscalculation…Other brokers i found the hit reflection in pre market order with proper timing…9.00.00…Can you guide or give me any suggestion…
The orders are fired at 9am, the Exchanges have a limit on the number of orders they can process each second. They would be a few million requests and the orders get placed chronologically.
Hello Sir,
This is regards with equity which I want to purchase & its order book…I will appreciate your suggestion…There are certain shares where liquidity is very less and traded volume/value at frequency of two to three days time….
The query is for eg. the closing price of a share is 109…There are two buy quantities Qty 200 @ Price 104 & other Qty 50 @ price 105…and one sell quantity 50 @ 120…
a)How to ensure a buy and match the order in such a way that I get the delivery of shares in AMO/pre opening session or during market hours at price of Rs 109 or less?
b)What to do for a good buy or match order if there is a huge price gap between the buy & sell orders as compared to the closing price or the last traded price?
c)Why at times it happens that there are no/few sellers but the closing price moves upwards during the day ?
A broker only provides an execution platform. The Order matching happens at the Exchange end. Only if the bid & ask match, it’ll result in a trade, otherwise, the orders remain pending in the system.
Hello Nitin
I have set some AMO in past and they are sent to exchange in Premarket. But some of them got cancelled because script is not allowed in premarket. It would be better if zerodha sends only those orders in premarket which are allowed, and those not allowed can be sent at 9:15 AM
Feedback taken; will pass it on to the concerned team.
I was just wondering if I can quote maximum price at which I want to buy an equity and still get a best deal using AMO when the trades are executed?
Example say Stock X had last closing value of 100. I want to buy it at lowest possible price going upto 102. Can I setup the trade such that if the stock opens at 98, I get it at 98 not at 102 (maximum limit) at which i have placed the order?
Yeah, you just have to place a limit AMO buy order of 102. It will buy at the best price upto 102.
Say, I’ve 100 Stocks of “Company Y” in my Demat Account. I’ve sold them as CnC and as usual they are showing in ” Open Position “.
Now prices of the stocks have lowered further. Can I buy them back as CNC and sell them as CNC again to make it a intraday deal and book additional profit. For eg :
1. 100 stocks of Company Y sold from my Demat account as CNC @ 255 and they are showing in Open Position
2. Price of the stocks lowered to Rs. 250. In open position it’s showing Rs. 500 as Profit.
3. Now I buy the stocks back again as CNC @ 250 to book the profit of Rs. 500.
4. Now I sell the stocks again as CNC to make it a intraday trade @ 250 as I don’t want the delivery of the stock in my demat account.
Is this possible ? Please. reply fast. Thanks.
Yes you can do that.
Is any kind of analysis facilities are available at your platform that help me to buy stocks which give me profit?if yes than please give me details sir.
thankyou
Hmm.. I’d say the best bet is to go through http://zerodha.com/varsity/. Good place to start learning the right way to trade.
could i sold the stocks in ragular time 9:15 to 3:30pm which i bought in AMO??
Yes
how to carry today’s stop loss order tomorrow to prevent loss in gap down or gap up position ? ( in commodity normal trading )
Not really possible to capture the gap up or down. Exchanges cancel all order end of day and new orders placed when market opens next day.
Paras, it’s been explained in detail here: https://tradingqna.com/t/what-is-better-for-faster-execution-after-market-order-or-placing-market-at-open/4639
Hi,
After recent changes in AMO, if the target is hit in MIS between 9:00 and 9:15 the trades gets executed and it
shows in positions immediately. Limit order is better option for buy(long) and sell(short) positions if we know the
expected price. Correct me if I am wrong.
Regards,
Prasanna
Yes, limits are better.
bse server and nse server what catch first pre order or amo orders..and at what time..
Pre-market matching happens at 9.07 am, so it is first
Also let me know the zerodha amo timing plz
AMO 3.30pm to 9am
If i know one of company share buying and selling price on daily basis. which is better timing amo or pre-market order…to participate first come first service…
Pre-market is better.
Thanxs for your revert sir….But can you pls explain y pre market and not amo
All AMO’s are placed at 9.15 am after market opening on the exchange. Pre-market orders are already on the exchange before market opening, so they are higher up the queue. Also within pre-market, if order matching happens, trade can happen at 9.07 am, much before AMO/market opening.
Typing mistake, i want my order to reach at the earliest in the morning.
Hi sir, recently some changes have been done with AMO time and it is sent to exchange at 9 am. Now, if I want my order to reach the exchange then shall I place AMO or place an order at 9 am or 9.15 am. Also, is there any sequence followed in sending AMO to exchange?
Your question has been answered in detail here: https://tradingqna.com/t/what-is-better-for-faster-execution-after-market-order-or-placing-market-at-open/4639
Hi Nithin,
AMO feature helping us to place order after our office hours in the evening, but is is becoming tedious to enter same AMO if it is not triggered during trading time. Currently I am placing 6 to 8 AMO daily, but it will increases to 36 – 40 according to my portfolio. It will be helpful if AMO placed carry forward to next day if it does not get triggered.
I have gone through this blog and for past one year many people asked same question, When we can expect the solution?
Regards,
Yadhukar
It is taking time, but hopefully sooner than later.
I have just started trading with Zerodha for the past one week. I find the software is quite simple, but definitely covers all the features, what is needed for a trading to be done. I got various doubts during this period, all of which have been sorted out to my satisfaction.
I find your Support team is very good, they are able to answer. No doubt, always there will be some scope for Improvement, which I find Zerodha will look into.
Will i be able to get leverage on after market order?
And is there a stop loss for after market order?
Hi Nithin ,
Please put Alert & Notes available in Kite. I really love Kite…only miss these 2 things.
Regards,
Puneet
Hi ,
How to place a Target Orders with the Trigger Price?
Target orders are always limit orders. There is no concept as trigger orders.
Is there any provision of getting extra margin (i.e. Bracket Order or MIS) while placing the order with AMO.
Please help on priority..
You can place MIS as AMO with extra margin. Not BO. MIS margins are as on this calculator: https://zerodha.com/margin-calculator/Futures/
Dear sir,
I am a new user of zerodha as i got frustrated with some other share broking firm (I don’t want to mention the name).The thing i want to ask is,during the pre market session after 9.08 am can i place the order and will it be forwarded to exchange? My current broking agent allows me to do the same thing,but the order can’t be either modified or cancelled.I want to know,you also offer the same or not?.
2nd thing i want to ask is,WIth my current broking agent,during the pre session before 9.08 i have got some of my orders got executed.Will the same be possible with your’s?
Vaheed, check the explanation and the link I have shared above. The mechanism is exactly the same with all brokers. Do read the NSE link I have shared in the first para of this blogpost.
I am trying to put AMO on zerodha but after placing the order , the message is “order placed”
But soon after than the OrderBooks does not show any pending orders
sometime it shows but goes away after a minute
Also if if try to place more than one AMO order then Orderbook does removes all AMO orders
Is this normal or issues with kites ? Without AMO , kite does not make any sense for me
please help
Hmmm.. shouldn’t happen. Having this checked.
All the orders which did not show up in Order book did got submitted to exchange and some got executed.
Since I could not see placed AMOs in orderbook actually I tried to place the same order again and this cause kites to issue multiple orders.
This is annoying as not able to see order in Orderbook may lead use to place multiple orders by mistake
Nitin, I guess our team is trying to reach you. This shouldn’t happen, we can check it out.
Hi
ZERODHA Support is good. Thanks.
However I tried to use Mobile App which did not showed the issue
Then I switched to CHROME brownser which also is working fine
However IE-11 still has this issue. It seems Clicking Orderbook link does not have any effect as the result are no submitted order shown in browser where has order is still queued in Banckend
Since Mobile App and CHROME browser works for now I am happy trading @ ZERODHA but do fix issues with IE -11 at your end
Thanks
Nitin Kabra
what r the charges for amo orders does u charge whether the order excuted or not i mean does u charge for placing an amo order if yes what r the charges
No special rate for AMO, we charge only on executed orders.
Sir I have one query,if I want to buy any stock on exactly its opening price then should I place pre market order on market price before 9:08am ?
You can place pre-market order, but there is no guaranteed way to catch the exact opening price.
Today i got shares on its opening price after placing market order in pre open session.
Another question is that i am unable to place bracket order during market hours,plz solve my problem.
Maybe BO is not enabled, can you send an email to [email protected] with your client ID
Today i logged in at Pi and try to put AMO at 2:42 pm but just after click on OK in AMO screen, my order was rejected and reason shown their is “Admin stopped AMO”. (This was first time i tired to put AMO.)
Kindly clarify as I am confuse why this is happen.
Thank you.
Prateek, we are doing some maintenance work, try it in a while.
Sir is it possible to place intraday AMO orders for tomorrow like for example Buy if stock future price is greater than 100, target order 105 with corresponding SL and Sell if stock future is lesser than 90 , target order 85 with corresponding SL assuming that today close price was 95. All 6 orders will be treated as separate orders then what will be the margin requirements for such kind of AMO order for intraday. Is it possible in nifty stock futures in same scrip. Please clarify.
Vishnu Badarayana
It is possible to place only the entry order as AMO, i.e buy if greater than 100. The other two has to be placed only after this order gets executed.
Good Evening Nithin,
I have been in the markets for over 2 decades & I must congratulate you for providing a good platform. I am just trying to test zherodha by making small trades.
Is it possible to have Good Till Canceled orders in this system?
We’re working on it.
thanks for the reply nitin. Then to get a best fill after the market open in first second. which order type is good to trade.please suggest.
like if we have any news after the market close which order type is good ?
Market order is always best to get the most instant price.
i want to place a AMO order for usdinr as a market order not limit order to get the first price of the day.
just want to know that i will get the first open price of the day?
No guarantee Sameer, orders get into a queue as soon as market opens, so no guarantee what tick u will get at open.
I’m not able to place AMO in Kite and not able to login between 1am to 3am to my account to place AMO. I tried to complain this by calling customer support but they dont understand and asked me to keeping trying. I really dont understand what is the issue.
Vaman, we run end of day process around that time, so you will not be able to place orders at that time.
Hi Zerodha Team,
I noticed 1 issue in Kite android platform, is that its not placing AMO orders to NSE on opening exactly at same time once the markets opens.
Example- I placed a AMO for currency derivative before 9.00 AM today, but when I see in the order book it shows the time of 9.00.09 AM means there is a delay in sending the AMO to NSE by 9 seconds, it seems because of this my that order didn’t went thru and stands as open.
Please see the attached screenshots where the order details is being showed in screenshot & in another it is showing the OHLC details of the USDINR derivative, as per the OHLC it goes below my bid price but my order didn’t got activated.
I believe that because of this my order didn’t got executed.
I faced this issue earlier also for equity F&O section….
Kindly advice on this issue.
I sent this mail to support team also…. please look into this…
Regards
Shikha Gupta
Shikha, the first few seconds on market opening, orders tend to go in queue. So it is not possible to place it exactly at opening technically. It is luck of draw, somedays it can happen faster, some day a little later.
So do we have any way out to get rid of this problem.. or no solution..
Unfortunately nothing much can be done.
how we can place premarket orders and post market orders??
As explained above, you can check this manual as well https://kite.trade//docs/kite/
I cant login at 12.30 am to 2am to place “AMO”. The error message is “MSG Error”, i dont understand what is wrong when you say AMO time is 4pm to 9:14am. And once around 3am i logged into to place AMO but application didnt display my holdings. This is something very weird and irritating.
We run some processes between 1 – 3.30 am during which time you will not be able to access the system. Will check why the holdings weren’t showing. An AMO doesn’t validate the holdings, so you can still go ahead and place the order.
Hi,
I placed an CNC AMO for SYNGENE with a stop loss. but it was squared off the same day. whats the problem with this?
Have asked someone from the dealing team to check and get back to you by Monday eod. It’s best to write to [email protected] with all details of the trade for account specific queries.
Dear Sir,
Two questions
1. What happens during 3:30 to 3:40? Is there any activity during this period?
2. Are orders in derivatives segment allowed in post market session i.e. from 3:40 to 4:00?
Thanks
It’s the post market session that opens at 3:40 pm and is available till 4:00 pm. You can only place Equity orders during this time. It’s explained in detail here: http://zerodha.com/z-connect/queries/stock-and-fo-queries/pre-marketpost-marketafter-market-orders
Dear sir,
During what time can we place AMO after close of trading on Friday or after close of trading on a day before a trading holiday?
Thank you
You can place it after 4:00 pm for Equities any day.
Do we have stop loss with AMO?
Suppose I am bullish/bearish on some scrip and when it’s approaching some level I may want buy/sell it with stop loss. Do we have such feature!!
Yes, you can place SL orders for now.
I purchased shares in BSE, till yesterday it was showing BSE. But today it is showing NSE market. Often it happens in my kite account. Why it happens?
Hari, by default we show NSE prices for LTP on holdings page since liquidity is higher. Once in holdings, you can sell on NSE and BSE, based on your convenience. Which exchange you bought it from doesn’t matter.
It says 3.30pm and my MIS orders getting cancelled and automatically executed by 3.21pm. Can you increase the time atleast for 5 minutes? Why it is so early when the actual time specified is 3.30pm?
3.30 pm is when market closes. We have to close all MIS positions before that. 3.20 pm gives us enough leeway for our risk management team.
Sir, I have bought during mkt hours 100 shares under CNC ! I wish to Sell the same on the same day in Post Market Session. Pi not allowing me to sell with the message : “No holding” What is the procedure to square off the trade the same day in Post Market session? Regards.
Hi Nithin,
As a person who can’t monitor the market actively between 0915-1530, I want to place order with my limits. But, if there’s no selling at my stated price limit, then the orders get automatically cancelled the moment market closes for the day. Why cant that order be valid till the execution is done at my stated price or till I myself cancel the order. So, in a nutshell, Zerodha has to provide a platform where the validity of the order should extend beyond the DAY, till the point the order is actually executed.
Hope you will come up with some solution.
Yes, on our list of things to do.
Hi, Can I place Intraday AMO. I meant to say, If I place AMO “BUY” on previous day let’s say @11 PM, will it be valid for next day’s Intraday..i.e Can I “SELL” that order in next day in between 9:15 to 3:30 Normal day session?
No, AMO for next day will be valid only if placed after 6pm in the evening.
Sorry. That link is working please ignore my earlier post.
But, that link does not show the high and low prices for the pre market session. Also, those charts are not enlargeable and does not give any sense of anything. Some of them are straight and some of them are curved. If possible, can you please share some info on how to interpret them.
Thank you.
How it works is
Orders won’t be traded during 9.00 to 9.07 ie during order collection period thus no point of high or low. Order matching period starts immediately after completion of order collection period. Orders are matched at a single (equilibrium) price which will be open price.
Also we can see the indicative open/equilibrium price and volume on market depth during order collection period, as the name suggests they are only indicative open and volume and are keep on changing based on demand and supply during collection period.
ok. thank you Nithin.
Hi Nithin, Not sure whether I can post this question here. But I feel it is relevant. Sorry if it is not. Where can we find the charts for pre market session i.e the trading happened from 9AM to 9:07AM. Is there a way to find the high & low prices for that session for a given stock? I would like to know whether this is possible for NSE stocks. If possible then how? and where?
Thanks.
Nizam, you can see it on the NSE website. Check this link.
hello sir plz clarify my doubt
I logged in kite at 8:50am and some stocks already show bid quantity means this no of quantity already placed in order
then I place order 9 am my order is placed before or after this bid quantity ?
Exchanges conduct pre market session for Equity segment that starts at 9 and goes on till 9.08. You can place Equity orders during such time, not before that. At 8:50, there will be no bid/ask showing
Sir, I am new to this field Please clarify my doubt.
1)If i purchased a particular company share on 21st november at 6:00 pm as CNC Product type In AMO, Then Closing price of that company share on 21st november is considered or next day opening price of that company share on 22nd november is considered??
2) Can we do Buy/sell of GROUP B,XC,XD,XT company stock in AMO?
Thank You
1. Your stock will get bought at the opening price on 22nd.
2. Yes.
Hi, Good article, can bracket orders and cover orders be placed after market ? Thanks
No, you can’t.
Hi,
I have bought 50 shares 1 week ago and are currently in my holdings. If I place a CNC sell request using AMO with some limit for those shares, will it get sold from my holdings or will be considered as intraday trade and I have to buy them again the same day to book profit ?
If you use CNC, it will be considered as if you are selling from holdings. Yes, you can buy back as CNC again, it will become an intraday trade.
I had placed a market order (CNC type) post market at 3:57 PM today, but “Order Book” is displaying “Order Type” as “L”, whereas i think it should have been displayed as “M”. Let me know if you want me to send a screen of this is a bug, or correct me. Thanks.
In post market, market orders are not allowed. All orders can be placed only at closing price, so it automatically becomes limit price.
Can we place am MIS order for equity in pre-market session and in AMO?
Yes
What is the validity of AMO? I am currently using icicidirect.com and they provide VTC facility so the order can be place for very long time period. i.e. 15 days.
Is this same with zerodha also?
No Jaydev, currently AMO is valid only till end of next day.
Sir, I’m a newbie to stock market. I’m facing problem on placing orders of penny stocks such as Birlacotsyn. Even if I place order previous day evening, the order doesn’t get executed and finally gets expired around 3:30. Is there any specific trick/shortcut to buy/sell penny stocks? Is it due to disclosed quantity, which I never entered for any stock while placing order?
Unless your price arrives on the exchange, not guaranteed way to execute orders. Very tough when trading penny stocks which typically keeps moving in circuits.
How to place a premarket order?
As explained above. You can also checkout here: https://kite.trade/docs/kite/
Sir
I always want to buy/sell share in pre market session but find difficulties in placing order on exact time i.e 9:00:00 AM. So please let me know as how to get the exact time(live) of NSE/BSE with accuracy of milliseconds. Actually I want to match my clock time as per BSE/NSE time.
Manowar, it tough to manually match this to the exact start.
Hi Nithin,
Is it possible to automate the order sending at 9:00:00 am through algorithmic trading or through any other Zerodha’s software/trading platform so that orders hit the exchange at sharp 9:00:00 am and are first in the queue ?
Does Zerodha provide any such facility ?
Not really possible, at the first tick everyone gets into a queue. No algo for this as such.
suppose i place AMO order on 20th october at 5pm and trade not executed on 21st october , so i want to know when AMO order will cancel which i placed on 20th october ?
End of day 21st, around 3.40 pm
Can we place pre-market order for F&O segment i.e. from 9:00 AM to 9:08 AM as we can do it for equity ?
No. Pre market session is only for the Equity segment.
Great work. Good and quick response
1) Can we place AMO MIS order with stoploss and target using kite?
2) what is 1) price and 2) trigger in case of stoploss order?
1. Yes, if you have enough margins.
2. Check this post: http://zerodha.com/z-connect/tradezerodha/zerodha-trader-software-version/stop-loss-orders-limit-market
Pending CNC equity orders should get cancelled at 15.30Hrs and blocked margin should be released so that buy order could be placed in post-market session.
I could not place buy order in post-market session as margin was not released.
Will have this checked.
Anjali, you can only cancel BSE orders after 3.30; NSE orders get stuck dont know why. I too buy in the post closing session; what I do is use the Cancel All option in Order book at 3.29.55 that is 5 seconds before markets close.
Hi, Sir
Can I place AMO sale order for any commodity in NRML ( Spouse I have one lot of Gold in buy) and I want to place AMO at 9.59 or before to sale the same when the market open.
Regards,
Vinay Mamgain
Yes, you can.
hi sir I want to know about short sell orders .what diffrace between orders like as a MARKET,LIMIT,sl,slm and bo,co,regular orders ..pls tell me …
http://support.zerodha.com/kb/faq.php?id=151
Dear Kamath,
Today when i try to put BANKNIFTY PUT Option of more than 250 lots in a single order , it is not allowing to place the order giving error message like” only maximum 2501 shares is allowed for my ID DP1423 across all segments) because of which i’m not able to put my orders quickly and lost the best rate for the BANKNIFTY06OCT19600PE at 50……Could you please let me know when i’m not able to put more than 250 lots at a time in single order itself what is the logic behind it for restricting it to 2501 shares in BANKNIFTY OPTION.
Regards,DP1423
Maximum orders that one can place in Bank nifty per order is 2500. This limit is set by the Exchange. You can click here to know the maximum quantities per order for all future contracts: https://www1.nseindia.com/content/fo/qtyfreeze.xls
Hi, i have question regarding the pre order. Can we use this to short a stock even if we dont have that stock in our account for intraday purpose?
please advice.
thank you
tapan
You can place an MIS (Intraday) order to short sell a stock.
How to know the closing price of an equity in post-market session in Kite. C in market depth is closing price of previous day. Market watch and limit order window displays last traded price if no transaction is executed in the scrip in post-market session. No rate is displayed in Market depth if no bid exists. Order gets cancelled when I select order type as “market” in post-market session perhaps because it is placed at last traded price if no transaction is executed in the scrip in post-market session. Today’s closing price of an equity is not available in post-market session in kite.
Checking
I am waiting for a favour.
In the post closing session you can only place market orders at the ATP (Average traded price) that is declared by the Exchange which will also be the closing price.
So in all likeliness, the closing price in the normal market will be equal to the closing price in the Post closing session.
In post-market session “Market order” displays price as zero. It always gets cancelled. C in market depth is closing price of previous day. Market watch and limit order window in post-market session displays LTP (not ATP) of normal session. No rate is displayed in Market depth if no bid exists.
Today’s ATP is not available in post-market session in kite.
How to see ATP ?
The atp which is the weighted average price of the trades that take place in last half an hour of every trading session is arrived almost within a few minutes of the markets having gotten closed at 3.30 pm
Where is it indicated in Kite ?
Hi nitin,
Can i place the order and execution of AMO by 9am of the trading day instead of BTST in future trades.
You can place AMO, but I didnt get the BTST bit.
How to know the closing price in post-market session in Kite. Market watch displays last traded price if no transaction is executed in the scrip in post-market session. No rate is displayed in Marketdepth if no bid exists. I think Post-market Order as market order are placed at last traded price if no transaction is executed in the scrip in post-market session and hence cancelled.
IF you are looking at equity, closing price shows up as C in the market depth. For F&O only LTP will show. Yes post market order is allowed at only one price, the closing price.
Yes, I am looking at Equity. I raised query because C in market depth is closing price of previous day. Today’s closing price is not available. Kindly review.
Hi, I have 25-30 scrips..now is it possible to uplaod a file for AMO for selling the scrips at any limit or stop loss price as against placing AMO for all scrips individually?
Bharat, we don’t currently allow basket orders on PI/Kite, we are working on making it happen.
[…] the previous day itself. After market orders can be placed from between 6.30 pm to 9.15 am, click here to know more. Only CNC/NRML/MIS orders allowed as […]
Hello , How can I place an order which is valid say for a month for a given price rather than getting expired in one session if that price has not reached ? I am a Zerodha Account holder , you can ask your rep to contact me if more details are required.
Milind, currently we only allow good till day orders, so all orders get cancelled end of day.
Sir if i place AMO after 6:30 PM, Can i modify it between 9:08 am – 9:15 am the next day. Suppose on 22/09/2016 ASIANPAINT closed at 1189. On 22/09/2016 after 6:30 pm I placed order for buying ASIANPAINT at 1195, qty- 500. Now on 23/09/2016 at 9:08 am the opening price of ASIANPAINT comes at 1196, can I modify my AMO of 1195 to 1196 between 9:08 am to 9:15 am ? Thank you.
Yes you can modify AMO order between 9.08 am and 9.15 am also.
hello sir
when we buy shares in cnc ,and after two days when we sell it . why it again shows in positions?
suppose we buy it in 50 per share and sell it in 52 ,after selling it , if the share increases to 53 then in position it shows in loss with avg cost 52 in the same day . then actually what happenning either i had profit or loss? please answer me.or after that any process is there?
It shows in positions only for that particular day. It shows there just in case you decide to buy back again, in which case it will be an intraday trade. Any P&L shown after you sell CNC in positions doesn’t effect you at all.
Hi,
I am new and I want to open my 1st account in Zerodha with zero knowledge of ‘share market’. I need training… like: How to trade?.. etc, but not in documented manner. Do you have any good trainer for me? Any support?
We don’t have any trainer as such, but Varsity is like one of the most popular education initiatives on markets from around the world. Check it out: http://zerodha.com/varsity/
Hi team zerodha,
As known to all, BSE has put weekly/quarterly/yearly filters on many scrips & some good quality cos have stuck in upper limit. In such upper limit, chances are high of matching in premarket session. So, it will be very helpful if all AMO orders hit exchange at 9:00:01, and if not executed, carry forward at 9:15 market opening automatically. Many brokers are offering this. Zerodha users can’t place order sharply at 9:00:01 and miss many opportunities where other software based systems win. On October 1st, many filters are going to change. Zerodha should speedup if they are working on this already.
Regards
Hi Anand,
Can you please share the brokers who are providing this facility.
But BO gives upto 20 times leverage right?why cant AMO?
Bracket orders can’t be placed before market opening. You can place it once market opens.
How much leverage will I get if I use AMO?the same as bracket order?
AMO is after market order. How much leverage depends again on if you are placing AMO as NRML or MIS (MIS has more leverage, check our calculator)
i want to use AMO as MIS ?what is the max leverage i can get?
For equity upto 10 times, for F&O 40% of exchange margin requirement.
Please ignore, I can see that now.
Hi nitin,
Can I put a market order at Friday and expect it to be executed by Sunday?
No Gaurav, orders are executed only when exchanges are open.
Hi Nithin,
I am new to trading and use Kite for last two weeks. I am unable to find some equities like WELSPUNIND ,PRABHAT DIARY in https://zerodha.com/margin-calculator/Equity/ (Margin calculator). Last week also I tried to execute a BUY on a different Equity but it failed , I guess reason being it was not shown in MARGIN CALCULATOR. Is there any restrictions on some Equities in Zerodha . Please forgive if it is my ignorance.
Faz, intraday leverage is given only to stocks which are liquid and don’t hit circuits. IF it is not shown on that list, it would mean you will need 100% capital.
hi sir how to apply ipo in kite or zerodha i did n”t get in zerodha kite
Krish, online IPO is still not possible through Zerodha.
good evening sir
there is any chance to apply ipo in zerodha(kite,pi) please tell me
Krish, not possible for now. You can use the demat details and fill up a physical form.
Hello Sir,
Can i place AMO in MIS or CNC
Yes you can.
Hi Nithin Kamath sir,
I want to place a order in F&O during 9 to 9:08, which is pre open session, is it possible. Pls update me i am looking for broker who can give this facility..
No broker can place order in F&O in pre-market. Pre-market is only for equity.
Pi should generate Alert if price is entered beyond a certain percentage of last traded price to prevent mistakes in order price. User Settings should facilitate selection of the percentage. Similarly an alert should be generated if the order value exceeds a pre-defined value to avoid inadvertent orders. User Settings should facilitate selection of the pre-defined value.
Hi Nithin,
I have seen this quite often that the open price mentioned in google finance or even in Zerodha Kite/Pi doesnt match with the open price at 9:15 AM or the open price of the first, 1 min candle. Do you have any idea why is it so?
For eg, Today RCOM opened at 51.60 INR but we can clearly see that the open at 9:15 is 52.05 INR.
Thanks in advance
Is it something to do with pre-open?
Can i place AMO between 9:08 AM to 9:15 AM .
Yes
From what I understand the current available leverage is 11x for MIS orders and 20.8x for BO.
Is 11x leverage given for MIS orders without a Stop Loss? Will I get more leverage for MIS orders if Stop Loss is provided?
Thanks in advance 🙂
Yes the leverages of upto 11x is for those without stoploss. If you are adding stoploss brackets/covers, you get higher.
Can we place a single order which can automatically be placed daily till its execution for Equity & Options.
Currently no, but on our list of things to do.
Suppose LTP of a share yesterday was Rs. 10 and I expect the price will open at Rs. 10.15 on next day. If considering this case and I place two orders simultaneously during pre market session (buy @ Rs 10.05 and sell @ Rs 10.10). Please tell me if both orders will execute or not. will I get profit or not..?
It won’t executed if market opens at 10.15
I have submitted application for Demat and equity trading account at Zerodha. With my existing broker Mangal Keshav, all my AMO go to Pre-market session at 9.00AM. Some are executed and remaining go to normal session at 9.15AM. May I request Zerodha to adopt the idea.
Working on it.
Sir, how much leverage will i get if i have 1 lakh in my trading account for intraday trading ?
Is there any extra charges if i’m using leverage or is it same like normal trading ?
I”m from kerala and zerodha is having an office in cochin.
So is it possible to place my orders by calling to cochin office ?
Yes you can call by calling the Cochin office. You get upto twenty times leverage for intraday.
good info.
thnx
Hi ,
how to place order after market in kite?
-/Manish
Check this https://kite.trade/docs/kite/#advanced-order-types
Hi,
On 2nd Aug 2016, HCL tech closes at 800 and on 3rd Aug morning(around 8AM) I come to realise that it will move up so I put MKT order at 9AM but it opens at 869 and my order get executed at this price and then it goes down for the rest of the day so, can any one tell me if there is a way to get profit out of this i.e. buy at “previous close” price and sell today at any price ??????????
BR,
Vikas
There is no way to buy a stock at previous closing price.
Hi Nithin,
Thank you for your quick reply.
Can you please provide some of your valuable suggestion for stock trading for a new guy like me ?
For e.g. : In what type of stocks should I invest, initially with how much money should I enter into stock trading, some trading tactics so as to make some profit and not losing the money etc. ?
BR,
Vikas
Vikas, we have a very popular education initiative http://zerodha.com/varsity/
Sir, If i buy XYZ company’s 200 Shares on monday evening at 7:00 PM, can i sell that XYZ company’s 200 shares on tuesday morning at 9:16 AM ????
You can only trade during market hours – 9:15 am – 3:30 pm. You can’t buy shares at 7:00 pm. However if you’ve bought it during the day, you can sell it next day at 9.16 am. Such transactions are called BTST – Buy today, sell tomorrow transactions. There’s a risk though – zerodha.com/z-connect/queries/stock-and-fo-queries/btstatst-buyacquire-today-sell-tomorrow
Sir, why we dont have “net position” in Pi.? It helps..Its there in NEST and really helps..Can you incorporate?..
There’s a ‘Net Qty’ available in the Admin position window. You can right click on the Column header to add more columns.
Hi….do we have GTC (good till cancel) option in Zerodha ?
Sir…plz reply….do zerodha kite has GTC option?….if not please include. Another feature worth adding is the digital clock on the screen synchronized with exchange to facilitate first / last moment orders…..thx
No GTC as of now, clock will come up soon.
hi, imagine… open price is 485, i have placed my amo order to sell at 484.50, and in the candle chart of the stock im seeing it from 484rs, will my order by executed ?? pls reply me
Based on experience it was observed that AMO orders are sent into the trading system at 09;15:40 and by then the candle would have already captured the open price, Thus in your case the chance of your order getting executed is 50:50…
No guarantee. All AMO’s are fired to the exchange after market opening, so your order may or may not get executed if the 484 price is hit a fraction of second before your AMO reaches the exchange.
I feel that there should be a digital clock at the top in KITE website to ease the customer to sell and buy at exact time. Every time we have to check current time in different website during premarket and closing market time.
there is an overlapping time of Pre-market and After market order between 9:00AM to 9:15 AM. Can you please tell me if AMO orders get automatically opened during pre-market session and chances of executon in pre-market session…?/
Currently all AMO’s are fired only after market opening at 9.15am. So no overlapping
Nithin…
If I place a buy Pre- Market Order (9:00am – 9:08am) of an scrip at market price then…
Will it get executed at the current price exactly at sharp 9:15:00 am ( So I don’t face slippages)
OR
Will it take some seconds to get executed. (Which normally happens when I place a market order at 9:15am , it gets delayed by some seconds and I have to face slippages ?
hello sir, Is there any way to get benefit of gap up or gap down we see in commodities..
we generally see 20-30 points gap upnor gap down.
Using nymex/comex cmp we can predict what price market is gonaa open.
plz share if u have any method to get benefit of thus phenomenon
Hmm.. Sandip, if only I could predict :). This is the formula to convert CME price to local crude price.
Sir, I want to know how can we carry forward our orders to next day if it is not executed same day. it is very cumbersome to place same order everyday. is there any way otherwise??
Currently no way, but we are working on something for this.
I want to ask clear my doubt about commodity AMOs. suppose markrt closed yest @3100.
at nymex it went up.
and if it seems to be jump directly at 3150 at 10:00 AM.
suppose market opend @3115 and jumped to 3150.
ie. open prize-3115, cmp 3150(@10.00 am). and low is 3115 i.e open prize.
so in this case.
1) If i hv placed buy AMO (SL type) @ 3120, will my order get executed?
2) If i hv placed buy AMO (market order)
at3150. will my order get executed and what prize?
3) If i hv placed AMO( Limit order)@ buy @3120.
will my order get execute and if yes at what prize??
plzz answer.
Sandip, AMO doesn’t mean the order is placed on the exchanges before market open. All AMO orders placed by our clients is put in a basket and we send it to the exchange at market opening. AMO is as good as you placing an order after market opening. So,
1. Can’t say, most likely no.
2. Can’t say. It can be anywhere between 3115 to 3150.
3. Can’t say. If you place a limit buy order higher than the current price, it as good as market buying order.
If I trade after market hour.
For ex -I want to buy f&O lupin in nse
Current market prize is 1490
So if I put a limit 1500
And due to high volume next day market open at 1505. Will my order get execute @ 9:15 and if my predictions goes wrong and if lupin falls from 1490(current prize) as my limit I had put was 1505 will my order get execute.
Ty in advance!
Orders at the Exchange get executed on price,time priority. If your order to buy is the highest available bid, then it’ll get executed. If there are other bidders who’ve placed an order at the same price, the order will get traded in order of time priority. There’s no guarantee that placing an order at “x” price will guarantee execution.
Ty!
Appreciate it
hi , i m birendra saxena .i m face truble, that dashboard,order,holdings,position ,found are not properiy shon why ?how i escap from it? second how i can get ipo of L&T on 11july on zerodha. i have satrted since 4th july 16
Send account specific queries to [email protected] You can’t apply for IPO online. You can mention the zerodha demat account details on an IPO form and apply offline.
Today, 9 Jul 2016 (Sat), I just logged on through PI and found that trading on some stocks like TCS, Infy, Sun Pharma etc was ON. I even managed to buy some tocks of TCS. How is this possible when there is no trading on Sat. When tried buying more, error msg “Adapter…” was displayed. I tried AMO, earlier but “Admin rejected….” error was displayed. Kindly clarify as I am confused why there is trading on Sat. Thank you.
Uday, there was mock trading conducted by exchanges today. None of those prices are real, it is done to test out all the systems. We participate on every mock with the exchange, hence you see the prices changing.
Hi Team, can i sell future stock during pre-market time 09:00-09:08. i am not able to place the sell/buy order for furture during this time.
No you cannot. Only equity.
hi, as i see the stock goes up by 1% or more less before we could enter in that after 9:15 . how could we enter in that.
does the AMO do the trick and what price will i get the order executed if i place AMO. and if i place order at market price can i get price somewhere between the price after market opening and yesterday’s close.
plz rply soon…will help me and some of my friends..
Naman, AMO or any other orders actually enter the exchange servers only after 9.15 am. So there is no way for anyone to get a price between yesterdays close and todays open.
What does stop loss means in AMO buy order? Is it means to minimised lost as in cover order or price to enter the market?
Please clarify on this as I am confused.
Thanks
You can use the SL order to place a SL for your existing position or as an entry order to buy above a certain price or short below a certain price.
HI sir today crudeoil mini open@3363…… next second it goes to 3400 ….. using amo it put buy at 3364…. the order is not taken……….. what is the reason?
All AMO orders are accepted by the exchange after market opening. So it is possible that by the time your order reached the exchange, the price went up.
Hi sir ,
Can I put some nifty futures AMO orders Saturday and Sunday anytime ?
Yes.
I am placing order through AMO for crude oil [commodity]
open;3212
opening flash;3194
i am placing my order at 3211 on 9:59Am wheather the order taken or not.
Order will be taken.
DearnSir,
What is the procedure for placing the pre open market.
Pl explain.
thanks,
Explained in the post above.
Not yet ready to do it, but looking at some exciting set up for trading and need the clarification for the following:
I wish to place AMO (After market orders) for 50 stocks to buy and place SL orders/bracket orders for another 50 stocks . Is there any easier way to do it through say some Excel sheet etc. or do we have a Software for it. Or suggest some simple way to do it. Thanks.
Not possible on the trading platform, you will need some external software to do this.
Hi
I want to place intraday buy order which should execute in pre-opening session . Could you please let me know the way to do that and which parameter i need to select to place the order successfully (i.e Order Type : Day,CO,BO,AMO etc and any other ).
Sorry, just use the normal order type MIS and place it after 9am.
I am a zerodha account holder & trader. Can Stop Loss orders be placed as AMO (between 6.30 PM & 9.15 AM. Thx
Yes
Hi Nithin,
Is there any way to place a order for a week or so period on time. until successfully.
I don’t want to place the same order daily.
Thanks,
Jignesh
We are working on starting this feature Jignesh.
if stop loss order not allowed in pre market session then it is possible that i place an order without stop loss in pre market session and after execution of order add stop loss in continuous session i.e. after 09:15 .
please reply as soon as posible
in pre market session, can i place an buy or sell order with SL – M
Yes
In pre market session how it is possible –
Buy on market price with SL-M. AND SL should be rs.5 down from execution price. For ex- if buy price 100 then SL -95. If buy price 103 then SL- 98.
It is possible any how by bracket order, basket order, cover order, algo, pi or Any other way.
when i give market order in pre market session that are executed after 4 second of market open, why many time i see my order are executed 9.15.04 am. and i got some different price
Would help if you can send us an email with your client ID and the date on which the order got traded. The time stamps printed on the contract note are derived from the Exchange trade files, so it’s unlikely that it’ll be wrong.
can i place BO for executing nifty futures buy/sell in AMO>?????
No
I can’t access system between 8.30 – 4.30pm. I want to enter in trade in premarket section. For this case which order need to give.?
Use after market orders.
AMO order will execute only after 9.15, right? So my query is, is there any option to place pre market order before 9 am?
You can place Equity orders by placing normal limit/market orders in the pre opening session from 9.00 am to 9.07 am.
there are some key term in after market order section like disclosed qty,validity(day,ioc) and type(day,amo)..Please mention how the key term are works?
IOC order is Immediate or cancel. So if your order is not filled, it gets cancelled immediately. Day order is the order will be valid till end of day.
AMO orders are after market orders, using which you can place orders for next day.
Hi,
if i need to put the trigger for some bigger margin may be it will be tomorrow or next week .
which key need to use
Best to use IOC orders.
http://zerodha.com/z-connect/tradezerodha/zerodha-trader-software-version/orders-place-modify-cancel-view has answers to all your queries.
Dear Nithin,
Would you pleased to clarify the problem the retail/small trader faced in pi trading platform.
1. what is the criteria for using bracket order? bracket order are not activated in pi, I tried it.
Why should I place round figure in bracket order (fraction like 100.45, 100.65 could not be placed but 100, 101 could be placed)?
2. Why limit order can not be placed in cover order within predefined risk band. why there is only market order in cover order system. why there is no target orientation in cover order?
3. how to calculate leverage limit for individual stock?
Thanks & Regards,
1. Why would you use a Bracket order: Get the power of much higher leverage, with increased protection, and also ensuring that no profitable position turns into a loss. Bracket order is already enabled on Pi. Here’s the link to the blog which explains how to place a BO: http://zerodha.com/z-connect/tradezerodha/zerodha-trader-software-version/bracket-orders-trailing-stoploss-sl You can place a BO at any rate.
2. That’s the way the system has been designed. We’re talking to our vendors to provide the facility of placing a limit order through the CO option
3. Here’s the link to the leverage calculator: https://zerodha.com/margin-calculator/Equity/
Hi Nithin,
When can i expect a T+5 Margin product in KITE????
Would be great if you get this done ASAP, so that we you customers would get benifited
Yes, working on it.
why are you charging rs 20 for AMO whereas zero for delivery orders
AMO delivery orders are also zero rupees. Only intraday orders are charged.
iS THE MARKET OPEN TODAY – SAT??? My kite console is allowing me to trade. I sold one share of HDFC bank just to check and the transaction went through…..
It is mock trading day today. https://zerodha.com/marketintel/Circulars/
Even my AMO got executed. How is this possible? Or is it mock trading or something?
Yep mock trading today: https://zerodha.com/marketintel/Circulars/
Hi , how to but equities / features at z nest platform in POST CLOSE- 20 minutes 9 between 03.40 to 4.00 O clock , simply by pressing F1 ?or Shift F1 ?
Yes, in post market you can place order normally, just F1/F2. You
Its 1:50 AM right now and I have rebooted my system, logged-out and logged-in of NOW Software and still not being able to place an AMO. This is the error.
Lib Error:om_store_after_mrkt_orders Request to NEST Failed
There might be end of day process running.
[…] Pre-market/Post-market/After-market Orders | Z-Connect by … – Traders, 1. Pre-market Orders: NSE started the concept of pre-open session a few months back to minimize the volatility of securities during the market opening every day. […]
Sir can I achieve following scenario using zerodha pi
“You place a buy order for RIL with a limit price of Rs 250. If the current price is greater than your limit price, order will remain pending and will be executed as soon as the price falls to Rs. 250 or below. In case the actual price of RIL on the exchange was Rs 248, your order will be executed at the best price offered on the exchange, say Rs 249. Thus you may get an execution below your limit price but in no case will exceed the limit buy price.”
— I want to know that if limit buy price is not matching with current market price but market price is lower than my Limit Buy Price is it will not be executed at exchange rate (Which may slightly differ but is lower than my limit price)?
Yes if you place a limit buy order with a price higher than current market price, it will turn into a market order itself.
Hello Sir,
Is it possible to place an order say on friday then can it be get executed on saturday?
Thanks,
There is no trading on Saturday, today there was mock trading. Basically demo trading for brokerages to be able to test their platform.
Hello,
I am following a stock and which is upper circuit from past two days. I am placing AMO at market price but still not able to buy that stock.
What is the best way to buy these kind of stocks.
1. AMO orders ? (How AMO orders will be executed)
2. Pre-market orders between 9 AM to 9.07 AM ? (Whether to go for market price or limit ?)
3. Market Open orders 9.15 AM ? (Market price orders or UC orders ?)
Please clarify.
Hi,
If i buy a stock on 3:15 PM today (delivery) , is it possible to place an after hours order at 7:30 PM to sell the stock ?
Thanks,
Yes you can Pravin. If you buy today and sell tomorrow it is called BTST. BTST has certain risks, make sure to read this: http://zerodha.com/z-connect/queries/stock-and-fo-queries/btstatst-buyacquire-today-sell-tomorrow
For Equity Delivery is After Market Order is available on non working days for example on weekends ?
Yes it is, unless there is server maintenance.
Hi,
When are we getting GTC ( Good till cancelled) or GTD ( Good till Date) in Cash, FNO Market NSE ? This is quite necessary in today’s times
I spoke to Zerodha customer care and also read the complete blog above regarding AMO. I am getting contradictory information from the article above and what was told to me by customer care; hence the question here.
I have a position in Nifty Futures that I would like to square-off at the Open price (at 9:15:00 am) or as close to 9:15:00 as possible. There are 2 options:
1. Place AMO as Market Order before the market opens
2. Place a Market Order manually from Pi as soon as the market opens, that is, 9:15:00 am
I was told by customer care that if I place AMO, the order would be executed exactly at Open price at 9:15:00 without any delay. However this is probably not true based on what is written above and the order would be queued up for execution in the next few seconds. There is a contradiction here. I guess what is mentioned above is correct (it would be queued up and it would take a few seconds to get executed as Market order for AMO orders).
2 questions:
1. Which of the above two options have greater probability to execute closer to 9:15:00 am?
2. For AMO Market Orders, how much time in seconds (a rough range) does it typically take to get executed after 9:15:00 am?
This is for Nifty Futures of near month, which are always very liquid.
1. Place a market order at the open (not using AMO), greater probability of faster execution.
2. AMO orders time is not fixed should happen fast. But worst case, it can take upto a minute or more. So if you are worried for the fastest execution, place a market at open.
Will try to figure out whom u spoke to on our team.
Great! This answers my queries. In fact, I just received a detailed response on the same lines from your team as well.
Zerodha please add, global indices to the market watch list..
This would be of great help.
Will let our developers know.
Sir in pre-market session is there any extra brokerage charges for placing order as MIS product type ?
No extra brokerage.
Thank you, Today at around 7 AM Kite dash board shows Total account value 0, Free cash -5,51,945.29 and Margin used 5,51,168.04 but this appears to be wrong also, All the positions are closed yesterday itself and free cash should be positive and there appears to be some error in the number shown. It appears any error gets rectified before market opening but there would be problem in placing AMO.
We run some beginning of day processes which is why you may not be seeing right values. Check Q to get an update of your funds & positions. When you are placing an AMO it doesn’t validate whether you have sufficient funds/securities. It only gets validated when the order is sent to the Exchange.
Code is DU0347. I frequently come across this problem. During the morning hours Kite or Pie shows holding position as nil and account value as zero even though I hold positions. Today just now I logged into Kite and the value is shown as zero and position hold as nil. But I am holding long in Nifty Nov futures 675 numbers. Hence, there is hurdle in placing after market hour orders. Suppose if I place any order it gets rejected. Kindly rectify this.
Checking.
hello sir,
i want to trade nifty index in pre open i.e 9.00 to 9.07 with buy or sell…..is it possible in zerodha if yes how?
thanks
You can place regular orders for Equity segment only during pre-market session. If you want to place an F&O order, you have to place an AMO order which will be sent to the Exchange at 09:15
how to buy ipo
Not possible online currently. Check this answer.
Today (sunday holiday) around 1400 hrs I placed After Market Hours order to buy Nifty Oct 2015, 3 lots. The order books says ‘rejected due to adapter down’. At the start of this blog it is mentioned that AMO can be placed between 6:30 PM to 9.15 AM, which I have failed to note. Whether there is any change in the timings now?
Further it is mentioned in the top of the blog that “Please note that if you place any after-market order between 9:15 AM and 6:30 PM, they could all be cancelled by 6:30 PM”. A little confusion here. Whether I will be able to cancel any AMO order immediately after placing it?
Uma, if on a particular sunday we are running maintenance process, you will not be able to place orders. Best to try around Sunday evening.
Hi,
I am holding 2 lots of call ( Tata steel ) and I tried to place an after market order. I got a green msg that order placed but I can’t find that in any of the window like notification / pending order or executed order. How I get the confirmation that my order is properly posted. I tried this from web browser just couple of hours back on Satday.
Please guide me as I am new to KITE interface
Abheek, click on orderbook, you will be able to see the status of all orders. Check this https://kite.trade/docs/kite/. Also yesterday was mock trading day on the exchanges, so if you had placed any AMO during the mock time, it would be cancelled.
…Click here for or more Information
[…]I am no longer certain the place you’re getting your information, but great topic.[…]
respected sir,
zerodha customer care service is very busy. this no.8040402020 is always busy.plz dont ignor.
Yesterday I placed two stocks in AMO. Every day I m trying, these orders become pending and cancelled end of market close. There s no sellers particularly for these stocks. How can get executed these stocks. I thought, if I place in AMO I can get these. Thats why I messaged you.
How can I place PMO. Can I place order normally as I place order during live market. Please clarify.
Thanks
If there are no sellers, there is no way to buy these stocks. You just have to place a limit order and hope that it hits.
Hi. I m srinivasan lakshmanan. I m using zerodha since 5 months. I want to place a AMO after market close that is exactly 3.31 pm to 3.40 pm. When I place AMO order it is saying rejected by admin. Can u explain me.
As u mentioned AMO is possible by After 6.30pm only. Then how can I place order during those period of time 3.31 pm to 3.40pm.
Srinivasan, you can place AMO only after the trade process for the day is complete. So this is possible only after 6.30pm.
Hi,
Can I place orders during 5-7 am. through Zerodha. i.e. When is the daily server downtime?
Thanks
We might be running our beginning of day process at that time. IF it is, you will not be able to login. If you are able to login, u can place orders.
We might be running our beginning of day process at that time. IF it is, you will not be able to login. If you are able to login, u can place orders.
Hi
i have query regarding After Market Orders.
suppose if reliance communication closing price on 18.09.2015 is 66.40 on nse , before market open on Monday ie. 21.09.2015 i heard some positive news about the company , and i place after market order on reliance communication at 21.09.2015 at 7.30Am, at what price my after market order executed whether @66.40 on 21.09.2015 and some other price , please confirm?
When market opens, if rcom opens above 66.4, your order will remain pending. If it opens at 66.4 or below, it will get executed.
Sir,
I want to know about short position in AMO. Can short through AMO without having the shares in my demat account? I mean to say just like intraday, but placing order in mo…
Yes you can, use the product type as MIS while shorting.
Hi Nithin,
Thanks for your immediate response. I have clarification on your third and fourth response.
1. Whether for MIS orders two margin is required. I heard that only for NRML orders you need two margins that is one for Initial transaction and another one for SL-M. Pls. confirm ?
2. As quoted by you if I choose the SL-M (BUY) as 7670 then after order execution only I can place my Target value and SL-M (SELL) during the Market Hours.
Actually I do have a challenge to be online during the entire trading hours. So I prefer to place an order before the market opens and gets executed as per my target value or SL. Else let it get square off @ 15:20 hrs. automatically.
My requirement here is for example the NIFTY LTP is 7650.
I should buy the NIFTY if it attains 7670 and I have to set a stop loss @ 7640 & Target as 7710.
The Transaction should execute only if the above condition attains. The system should not buy if the market opens below 7670 or SL-M (SELL) should not trigger @ 7640. If it triggers and if I am not online the risk is unlimited in Options (since I have chosen the Call Option)
Pls. let me know what is the best mode of order to fulfill my requirement without being online during Market Hours.
1. Yes even for MIS, margin will be required extra if you are placing two separate orders. If you are exiting a position, margin is not required for 1 exit order.
2. Yes
What you are asking for is not really possible. You have to wait till ur entry is executed, and then u can place other two orders.
Hi,
I want to have a better clarity on AMO orders and the difference between AMO & Bracket Order.
Kindly confirm my understanding on AMO orders is correct based on the below example.
Nifty has closed 7655.05 on 04th Sep 2015. I am Placing an AMO Order with a Target buy price of say 7670, SL-M (sell) as 7640 and Target Sell Price as 7710 on Nifty Future expecting that it would be bullish on 07th Sep 2015. But from the pre market period itself it is bullish and @ 9.15 the market opened at 7650 and going in the downward trend.
1. Whether my AMO order would be executed or not ?
2. Whether It would buy @ 7650 and triggers SL-M @ 7640 even though my original buy call was 7670 ?
3. Whether two margins is required in AMO – MIS orders one for Buy and one for SL-M ?
4. Whether there is any possibility in AMO or Bracket Order to execute the transaction only if my original initial transaction value is attained. In my current example only if NIFTY is 7670 buy should be triggered
I found AMO & Bracket Order are one the same and the only difference which I foresee is that in Bracket Order SL & Trailing loss is enabled where as in AMO, SL & SL-M is enabled. Am I right or there is any other difference ?
1. Yes your buy order will become like a market order, if you place a limit order with a price higher than market, it becomes a market order.
2. Yep
3. Yep
4. Instead of keeping a limit buy at 7670, you can place a SL-m buying order with trigger at 7670. So unless market opens above 7670, it won’t be bought.
AMO and bracket orders are not related at all. AMO or after market order is a way to place orders once the market is closed for next day.
Bracket orders is an execution order type, u can check here: http://zerodha.com/z-connect/tradezerodha/zerodha-trader-software-version/bracket-orders-trailing-stoploss-sl
Hello Nithin,
My pre-market/after-market are never getting executed in Zerodha? Can you please let me know what should be done to get the matter resolved?
Regards,
Ankit
Hi Ankit,
A broker only facilitates placing orders. Order matching & execution happens at the Exchange based on price-time priority. There’s nothing that can be done specifically for an order to get executed. If your order ranks up on the price-time priority the Exchange matching engines will match & execute these orders for you.
Hey,
Thanks for confirming.
Yeah I understand that but my concern is my pre-market order never got executed, Ironically my friend placed the pre-market with Angel at same time with same limit and it gets executed almost every time. Not sure what is the exact reason of this.
Possible for to investigate the issue as I am really concerned about it??
Regards,
Ankit
Getting this checked.
I too have same query as asked above by Ankit Agrawal
Hello Nithin,
Any update on same please??
Today also same this has happened with me, I placed the SELL order (after-market order at 9:52 AM) in crude at 2963 and even though market opened at 2975 it didn’t got executed.
It’s really disappointing to know that the similar order placed at same price and at same time with another broker getting executed.
I am ready to help in every sense I can but I want this issue to be sorted. Let me know if it cannot be.
Regards,
Ankit Agrawal
Getting someone to call you back. Did you place a stoploss selling order at 2963? That is the only reason I think, it wouldn’t have executed. Getting someone to call u back.
No it was a limit order of MIS type. Have received a call from zerodha, hoping to get this issue resolved very soon.
Thanks
Sadly same happened today as well, to avoid the rush today I placed the BUY order (@2963) of crude before 9:50 and still it didn’t executed even though it opened at 2960, worst part is the same order executed with other broker. 🙁
I alrdy place AMO. But i wish to cancel my order.
is it possible to cancel my order before trade starts?
Yes, go to order book and cancel it.
i tried lot to cancel AMO Order on kite,but unable to do so..today a zerodha representative called me to tell, that i can’t cancel AMO order on kite and mobile platform. strange and funny that i can place AMO Order on kite but not cancel it.
this is serious anomaly that needs to be rectified. plz rectify it
ravi
Of course you can cancel AMO orders on Kite. Having this checked, why it didn’t let you do it.
is it possible to put buy and sell order in AMO order with limit price.
I have limited access to internet. So I want to put both orders in the same AMO. Please let me know.
Mithun
You can’t place both buy and sell in one order. But yes, you can place AMO limit orders, both for buy and sell, but separately.
Hello,
After-market call (in commodity) never got executed. Not sure if I am doing anything wrong. I hope we can place AMO as MIS if placing it same day (e.g: I am placing the 5 lots shorts in crude at 9:45 AM today for today’s market).
Other than that few queries I am having regarding the AMO in commodity:
1. What if I place the AMO as market instead of limit? Will the order get executed at the open price? (E.g today crude opened at 2735 and with low of 2707, if I would have placed short order in AMO as market then will it have been executed short at 2735?)
2. If suppose the order didn’t triggered at market open then will it get executed later on (after opening of market) when that value comes?
Thanks
1. When the market opens many orders hit the exchanges at same time, so your order will be typically in a queue. There is no way to say which will get executed faster. Yes you can place AMO as market orders. But like I said, no guarantee at what price it will execute.
2. If it is a limit order, yes it will remain pending and get executed whenever that price arrives.
Hi Zerodha,
1) Can I placed the order before 9 am for FNO segment?
2) Can I placed the order in between 9 to 9.8 am for FNO segment?
You mean AMO right?
1. yes.
2. No
Hi Again,
If I put the order for Future stock before 9 am then the order is rejected and reason is “The markets have not been opened for trading”. I put the order at 8:04 am.
When the order should place before market start?
If you want to put before 9am, use the after market order feature. If you place a normal order, it gets rejected, which can be placed only after 9.15am.
Hello Nitin,
Can we place limit order in MIS for Nifty futures during pre-open session?
Would like to tell you that objective is to buy/sell Nifty futures at the opening price.
Regards,
Ankur
Pre-open is only for equity trading. But you can use the AMO orders to place limit MIS orders on Nifty fut. You need to know though that all such orders are sent to the exchange only after market opening. So it is as good as you placing an order at 9.15am. Getting the opening price is like hitting a lottery, very tough as lakhs of orders hit the exchange at the same time.
Hello Nitin,
If I Buy Stock in after market Order and sell next day will it still be BTST. I am a new investor. first time in the market and this Zconnect helps me clear my doubts on the Pi and everything else. It’s Just like google to me.
But I am all alone out in the ocean and trying to swim. how do we get some advise on what to buy or sell.
What stock need to be bought and when it needs to be bought. If you don’t provide this service what do you recommend to all the young guys. Please let me know how first timer can go ahead with Zerodha.
Regards,
Ravi Mehta
plz clear my doubt ,,
if crude close prie 3050 I place a AMO nextday before market opening at 3060 ,but market open at gap up 3080 is my oder execute or not, or ifit open gep down of 3040 then what happen about my order. execute or not. because all day price open with some difference. plz clear
All AMO orders are fired to the market after the market opens. So if it opens at 3080, your order becomes a pending limit order at 3050. If it opens gap down at 3040, your buying order will be like market order(since you have placed a buy at higher price) and will get executed at whatever price below 3050 market opens at.
is there any way to control the gap down order and define our risk if market pens at 3040
Can you explain what you mean in more details?
Hi, If I want to buy exactly at the Open price, which type of order should i place?
You have to place a market order when market opens. But there is still no guarantee that it will get executed at open price as your order hits the exchange in a queue.
Ok.
the other way i am thinking is to put an ‘After Market Order (AMO)’ at 6.30pm one day before…
will that work? coz our order would be the first in queue…
No Mangesh, doesn’t work like that. All brokers send there orders at one time at 9.15 every morning to exchange. So the queue at the exchange is a like a lottery.
Ohhh…then its a big problem…
actually i have developed a intraday strategy for options…which is working very well and giving consistent returns…
but the requirement is to buy ”exactly” at open price…
Can u please help me and give a solution ?
eagerly waiting for ur reply
No solution as such Mangesh. When orders hit the exchange, they all automatically queue up. High frequency trading systems has better odds of landing up ahead of the queue.
Hi Nithin,
AMO is very useful for traders who are not active during market hours or who are engaged in other activities apart from trading. Here order gets executed (either buy or sell), but how to place our stop loss and target for the same order when we are not before our trading terminal? In this case, how to sort out, either CALL AND TRADE and mention the target and stop loss to Zerodha staff or you have anything that can be done along with after-market orders for stop loss and targets. Thanks in advance.
You can place all the three orders at the same time if you have enough margin in the account, entry order, target and SL order. But if your order gets executed in the morning, you can definitely call our call n trade numbers to place SL and target. You can also use our mobile app or our new web app kite.zerodha.com on your mobile browser .
Hey Zerodha. I am ready to open an account. But I do have a small query.
If I want to buy a 1000. Shares of a XYZ company at price 5. But the company is trading at 5.50. As I will not be able to watch the market continues as a job holder.
1. Can I buy 1000 shares of XYZ at 5 by placing which order?
As whenever the stock comes to 5 my order should be executable.
2.And if I want to sell same 1000 shares at 6, then which type of order I can execute.
1. Place a limit buying order at Rs 5.
2. Place a limit selling order at Rs 6.
But note that these orders have to be placed daily as any pending order at the exchange end of day is removed from the cache.
By when do you think you could start bracket orders on NEST or Pi for MCX segment?
Is there any way we could help, like maybe petition MCX for this?
MCX is not giving approval for brackets, so tough to say. Don’t think a petition will work.
Suppose I execute a CO buy order and a sell limit order at higher price. Will this square off the CO buy?
No Sandeep it wont.
When zerodha is planning to launch Kite app? Is it going to be android only app or will be available on apple store as well?
Kite web app – there are a bunch doing beta testing. THe web app works very well on mobile as well. We are simultaneously working on the android app
First of all, thanks a lot for resolving each and everyone’s query.
Can after market, pre market and post market orders be placed using Zerodha mobile app?
If yes, then please mention the procedure for the same.
Thanks
You can most definitely place pre and post market orders on the mobile, but after market orders are not enabled by design. When the mobile app was created, it was meant to be used on the go to place any orders if you’re not in front of your computer. For stuff like AMO, the developers presumed that you would use your computer. Although, now most of the people trade only using mobile or tablets – so we’ll have this fixed in the Kite mobile app.
Sir when i place a MIS intraday order at market price ,its not getting executed, only after 9.30 the same order is executed
Can u send an email to [email protected] with your client ID. All orders are sent at the market opening, so unless the stock is really illiquid it should get executed at 9.15.
Hi nithin,
What will happen to the following consequence……..
If i bought 100 shares with MIS in 5x the value of the share…..I have only RS.20,000 in My demat account……..But i have bought the shares with value of RS.50,000…IF the share hits lower circuit ……..I am unable to sell my share………..What will happen next……..
We will be forced to take delivery, and we will ask you to transfer more money asap. If money is not transferred, it will get sold whenever the stock is next out of lower circuit.
Hi Nithin,
Is it possible to ensure that your order placed in AMO reached NSE first compared to all other orders placed by all brokers. I am asking this because when I place order in sharekhan, it reached NSE first while in Zerodha it gets placed later. So, if I want to trade a stock with low liquidity, then there are chances that my order will not get traded in Zerodha but will get traded in sharekhan.
Please clarify on the time stamping process of NSE.
Aman, it is basically luck of draw. Everyone will send orders at same time when market opens. Usually the first 15 to 30 seconds, getting ahead of queue is not really in the brokers hands.
URGENT
URGENT
URGENT
sir i sell bliss gvs pharma at 157 ,then share goes to 158 to upper ckt limit.then there is 0 ask quantity.then it can be square off ?i sell in intraday.how to square off in this condition?if do not happen till 3.30 then it can be square off in b/w 3.40 to 4pm.or it will be converted in delivery ,without my consent.or ur software will automatically suare off after 3.20 pm,as i sell in intraday. HOW TO MINIMIZE LOSS.
Sandeep, that is the risk of shorting illiquid stocks. If it stays at circuit the whole day, it will forcibly get converted into a delivery trade. You will be required to give delivery in two days, failing which it will be treated as short delivery and you will have to pay auction charges. Check this post.
Please help…….If i put my aftermarket order today 6:30 pm… When will my order send to snap quote…..Whether Monday morning sharp 9:00 AM or 9:15 AM………..I need this information………Please help me……………
All after market orders are sent to the exchange only at 9.15 am.
Can we use margin to place order (intraday) in pre open market session?
Yes you can place MIS (margin intraday) order, but not cover and bracket orders.
Yes, you can place MIS orders in preopen. Although, we do not allow BO and CO orders to be placed in preopen.
Hi nithin,
shell i buy a order using AMO in NRMLwhen i buy in NRML i getting error message rejected equity order are not allowed in NRML.
Santosh, for equity you need to use product type as either MIS(for intraday) or CNC (for delivery. NRML is for trading F&O.
Sir, first I want to thank you for your investor education programs.
Secondly I want to know whether AMO can be used for intraday trading or are they only for delivery.
They can be used for intraday trading also, so you can place an AMO with product type as MIS.
[…] Pre-market/Post-market/After-market Orders – Z … – Traders, 1. Pre-market Orders: NSE started the concept of pre-open session a few months back to minimize the volatility of securities during the market opening every day…. […]
[…] Pre-market/Post-market/After-market Orders – Z … – Traders, 1. Pre-market Orders: NSE started the concept of pre-open session a few months back to minimize the volatility of securities during the market… […]
1. Can AMO be placed on mobile platform?
2. I had a message rejecting my BTST trade as “RMS:Rule: Check holdings for entity account-DH0*** across exchange across segment across product”. Can you explain it?
Yes Harsh AMO can be placed. Best you send individual queries to [email protected] with your client ID.
I set up a MIS AMO trade for Buy-Limit=100, Sell-Limit=110, and SL-L=95. My Sell order got completed and buy order is still open, noting that the stock passed by the Buy-limit amount. What would have probably happened. What am I supposed to do now?
I guess the stock is trading around 110, so your sell order got executed. Your limit buy and SL buy is still below the current market price, so it is still pending. You have to either wait till it drops there, or else if you want to square off your shorts anytime you can modify the buy limit to the current market price.
Best,
My nifty option order(through basket order)),[8600 p e buy and 8500 PE sell ] got rejected. Reason it says adapter is down. How to rectify it
Markets are closed today, and hence you will not be able to place orders.
Dear nithish,
Is there any option to place an order on time baised. eg; placing an order in advance to buy @11.50pm
No Shyam, exchanges will consider that as an algo and not allowed for retail. In our new platform Pi, we have an option for you to code strategies. So it is possible to get an alert at 11.50pm, but someone has to manually still click on buy/sell.
Mr Nithin
We had been using Sharekhan since 2008. Now I had opened an account for my wife with Zerodha after seeing various posts and comments from people about discount brokerage. But disappointed with terrible performance of the platforms. Web based platforms are slow. Everytime login with login password, Image, two security questions and every trade authentication with trading password is unprecedented.
Tell me where to see the actual profit made in a trade.
In Admin positions
if I buy of 100 shares of xyz at Rs 10. On the same day price moves to 15. Now unrealised profit shown is is Rs 500. Now if the share closes at Rs 15.
The next day if the share is running at a price of rs 16, the unrealised profit shown is (16-15)*100=100, whereas it actually should be from my actual cost incurred. ie. (16-10)*100=600.
My wife’s account is yet to get enabled for Pi. I do not know whether Pi got better features as Sharekhan’s Trade Tiger terminal. Sharekhan does not apply any cap of balance in account to give the services of TradeTiger.
Vinod, NEST/ZT is a vendor based software which is used by most brokerages in India, and yes definitely not comparable to Trade tiger. That said, with Pi and Kite (our in house software), I think you will see that it will not only match to trade tiger, but it can do a lot more in terms of backtesting, coding, and large amounts of data on the chart.
Sharekhan has started charging Rs 10,000 for tradetiger which gets adjusted with brokerage. Pi final release will happen in the next two weeks, and we will have another criteria to determine active clients.
Hello sir,
I m new user of Zerodha. I have some of the following daught. Expecting help regarding the same.
1. Suppose xyz company’s stock has closed at 200. And it opens at 210 on next day. So can I use pre market order to buy stock considering last closing prise.
2. If I already know that xyz stock.is going to increase by 3%. Then I want to buy it early with minimum prise to make more profit. But when I see at 9.15am , I m getting data of that xyz stock which is already increased by 2 or 3%. Plz tell me what method I need to use for the same.
3. Consider today is17-2-15. Can I buy xyz stock with its last closing prise of 16-2-15. What method I should use?
4. Plz tell me the process of short selling using web app Z5. I saw there are two options SL- L, and SL-M what it means. Which one is better.
5. Can I use credit/margin for short selling.
Awaiting for your reply soon.
Thank you…..
1. Yes, you can.
2. You can use SL-M buying order. So in the above case, you can before hand use AMO orders to place a SL-M (stoploss) buying order with trigger of 210. As soon as the 210 price reaches a market order to buy is sent.
3. You can place an order with previous closing price on 16/2, but no guarantee that it will get executed.
4. Check this post for stoploss orders. . For short selling you just have to place a selling order first (similar to how you would buy). To short sell for intraday, use the product type as MIS. These orders will be valid only for intraday. Check this.
5. Yes, you can, but only till 3.20 pm.
cai i buy shares using amo and then same shares sell in between market hours without amo..is that possible../?
Yes you can.
Is there a way by which the order is sent to the exchange(wih exchange order number being generated) sharp at 9am. I have seen this happening with other brokers and we also see a lot of orders placed sharp at 9am. These orders are placed automatically. Can you please guide how to place this type of orders??
At 9am, after market orders can’t be placed. AMO is sent to the markets only on market opening at 9.15am.
I see that NIFTY price starts changing at 9AM itself on Z5. Is this not strange? Expect NIFTY to change the price from the previous CLOSE price only at 9:12AM or so (based on pre-market trade matching).
WHy is this?
Answered here.
Hi Sir,
Could you please explain the following:
1) When I place an order during market orders, I think it gets executed in the last. I want to know that do all the orders get queued according to the time at which they are placed. I mean are the orders executed on a FIFO basis?
2) Is there a way to bypass the queue and get our orders executed before other orders.
3) I feel that small orders are executed faster than bulk orders, say if I place an order for 500 shares, it is executed faster than an order for 30000 shares. Is this true?
1. Yes, all orders are executed FIFO. But when you place market, it gets executed immediately, there is no waiting as such.
2. No
3. Yeah, when you place bigger orders, that means you need more buyers/sellers to fill your order. So definitely, bigger the order size, the longer it will take for that to be executed.
Hi Nithin,
Thanks for take time and replying to my doubt . As you told early that all AMO orders are stored and sent to the exchange at 9.15 AM. At what time Pre-market Orders will sent to exchange. do we have and advantages buying on pre-market order.
Because i seen at 9:04 only buying queue will be in thousands .
that queue number will show from AMO or PMO or both .
AMO’s are all sent at 9.15, so what you see at 9.04 is pre-market orders. Placing orders on Pre-market will mean being higher up the queue than AMO.
Hi Nithin,
I am buying one stock at pre open market only the price will be increase . I will give you example
ABC GAS stock :18:35 at pre opening only it will increase 0.30 daily it same .after that they wont be any sellers for stock and buyers will be in thousands. in queue .what is best way to buy these stock
PRE-MARKET or POST-MARKET or AFTER-MARKET ORDERS .
Thanks in Advance
You can place an after market order the previous evening, but stocks like these which are hitting upper circuit first thing every morning, there is no guarantee that it it will be executed. Unless you have sellers, your buy orders won’t get executed.
Dear Nithin,
Client ID : DS4069
I just curious about day before yesterday buy order execution of Praj industries with 51 units at d price of 59.95.
Cos i was placed limit buy order for Praj industries with 847 units at Rs. 59 only.
How come like this ? Appreciate your kind attention.
Best to send this out as an email to [email protected] with your client ID, if you have placed a buy limit order at 59, there is no way it can execute at 59.95.
Can i put AMO orders in between market.
No.
[…] Pre-market/Post-market/After-market OrdersZ-Connect by … – Traders, 1. Pre-market Orders: NSE started the concept of pre-open session a few months back to minimize the volatility of securities during the market… […]
[…] Pre-market/Post-market/After-market OrdersZ-Connect … – Nithin Kamath Post author. Post Market Session also called Closing session is a special window provided by NSE for investors to close their trading positions if they …… […]
[…] Pre-market/Post-market/After-market OrdersZ-Connect … – Traders, 1. Pre-market Orders: NSE started the concept of pre-open session a few months back to minimize the volatility of securities during the market… […]
i need amo and full market depth plz contact me 09352006085
AMO is available for all our clients by default. You can use Ctrl+F1 to buy and Ctrl+F2 to sell. To know the timings to place after market orders and other details, check out this blog.
The market depth or snap quote window shows you only the best 5 buy and sell prices. You cannot see more than this on any kind of platform.
[…] Pre-market/Post-market/After-market OrdersZ-Connect by … – Traders, 1. Pre-market Orders: NSE started the concept of pre-open session a few months back to minimize the volatility of securities during the market… […]
Hi Nithin,
If I place a market order during pre-market and the order is not matched then:
1. Will it be moved to normal market at 9:15 or will it be automatically cancelled?
2. Will it remain a market order or will it be converted to a limit order?
Thanks.
Siddharth
Check this link.
1. It is moved to normal market
2. It is moved as a limit order @final equilibrium price/opening price.
[…] Pre-market/Post-market/After-market OrdersZ-Connect … – Nithin Kamath Post author. Post Market Session also called Closing session is a special window provided by NSE for investors to close their trading positions if they …… […]
Hi Nithin,
First of all kudos to the enthusiasm with which you are looking after all the comments here, I need to know what should be the best strategy to grab a stock which is speculated to hit upper-circuit as soon as opening. Does queuing up early using the AMO a better strategy, if yes which is better AMO or Pre-market order for this situation.
Thanks
If a stock is going to hit upper circuit at the opening, there is nothing you can actually do other than placing a limit order at the upper circuit price and hope that someone sells it and you get filled. AMO orders doesn’t give any added advantage, they are sent to the exchange after the market opens.
Thanks for the clarification, but since as you said AMO orders are sent after the market opens it would be better to queue your order during pre-market session for better chances of getting the stock then the rest?
Yeah, you could place it in pre-market.
Hi Nithin/Hanan,
today I put a buy order for natural gas at 266.5 where as it opened at 264.9 but my order rejected and it shows RMS rule: check freeze quantity for MCX commodity for entity account DN0771. I am attaching a screen shot of the error it shows. May I know what it means?
My second question is how opening prices of commodities at MCX decided? is it like NSE & BSE or something different.
NJ, it is best to send your account related queries to [email protected]
For your second question, check this link.
Dear Hanan,
I put only 1 lot on that day. otherwise it would immediately reject the order but it shows pending & just after opening it got rejected.
Hi Nithin,
today I saw crude oil in international market falls 4 dollar so I short crude oil in AMO but it reject my order after market opens by showing margin exceeds required although i have 40000 in my account & normal margin required for crude oil is around 24000 as shown in your site. Also I put a price much less than the opening price in limit order. Now please clear me how much margin do we really required to short a trade in AMO. Again if the order exceeds the required margin it should reject it immediately during its placement but it shows pending there & got rejected after the market opens.
We’ve checked your order report. The reason your order didn’t go through is because you placed an order for 100 lots of crude, not 1 lot. You need to understand that in MCX all commodities are viewed by lots, not weights. If you wish to buy 1 lot of crude, just choose 1 and this will buy you 1BBL of crude.
i have opened trading account and commodity account separately. Because of this reason i am using using now for nse and zerodha trader for commodity. is it possible to club all the accounts into zerodha trader ?
Yes definitely. Send a request to [email protected] asking to move you from now to ZT.
Thank So much for replay! definitely i will send mail to our team to change to Zerodha trader.
Hi ,
Suppose we place a AMO order . how we came to know order placed or not ? is there any alert we received to our mobiles when order is placed ?
No alert as such, but if you have a mobile app, you will be able to see this pending order in your order book.
when in trying to place AMO order it is getting this error.Plz do something
Admin stopped AMO…I was trying to placed order at 8 pm..
How to place AMO on android plateform.. procedure please..
AM orders cannot be placed on the mobile platform as it is available only on the Desktop and Web versions. If you would like to place AMO only from your mobile and not your computer, then you must use Z5 to place an AMO.
Can i place an AMO order in Mobile platform ? If yes, step by step procedure please
Thanks for the reply.
Following above scenario – 3——I put a AMO at 90/-. So if market opens at 100. Will order be executed at 90 Or 100.
So One Sell Position and then one AMO buy position. After execution all positions are neutralized. Will not be having any open positions.
Please Clarify.
It depends on if you are using SL or SL-M. If you are using a SL with limit, the SL order will get triggered but if your limit is less than 100, the order will become pending.
If you use SL-M, the order gets triggered and the position will be bought back the best available market price, in this case Rs 100.
Yes once the AMO is executed, all positions are neutralized.
Hi Nithin,
1) If I am selling options and squaring it off the same day – intraday – can I use MIS. IF so what would be the margin amout block for selling option.
2) If I am selling an options and executing a stop loss for the same. If not trigerred today. I carry the selling position tomorrrow…will the stop loss will also get carried tomorrow.
3) I am selling an option ce at 80. will put stop loss at 90. Stop loss not triggered today. Will carry my selling positon tomorrow. I think stop loss is still at 90. Tomorrow market opens at 100. Will my stop loss get trigerred at 90 or 100?
Any other best alternative for the above situation – especially question 3…please reply
1. Yes, 40% of the overnight margin(NRML) requirement.
2. No, all pending orders are removed from the cache by exchange everyday. So you will have to place this order again tomorrow.
3. No as explained above. Unfortunately there is nothing you can do to cover the overnight risk. The best you can do is place an AMO (after market order) for your stoploss everyday.
How do I go about buying a stock that I am sure will hit upper circuit on Monday? Can I place an AMO early morning on saturday specifying it as a Market Order? Will it go first in the Q when the market opens on Monday so that I will be able to buy it before it hits the circuit?
Catching the first tick in the morning is luck of the draw, there is nothing you can do that can increase the probability. AMO is as good as placing market order at 9.15am on monday.
Hi Nithin,
This is exactly my question sometimes back. I understand it’s luck, but since Exchange, Zerodha and everyone else in between is using technology and automated this process, there should be a method in orders getting executed. Is it purely time based? When we place an AMO at 5.30 pm evening, is it placed immediately with the exchange or Zerodha just store and send it at next morning?
Please try to explain the process so that we can try to place and do something ’bout than just relying on ‘luck.
It is purely time based. Exchanges in India accept orders only when the market is open and hence all AMO orders are stored and sent to the exchange at 9.15 AM.
Hi Nithin,
Suppose I had place AMO order 1 at 3:45 PM on 06-04-2018 (today) and AMO order 2 at 5 AM on 07-04-2018 (next day).
So in this case which order will be sent to exchange first on next day at market opening 9:15 AM ?
Also Both orders at Market price which AMO order have more chances to execute first?
Hi,
I have few doubts in AMO
1. Suppose I’m buying(AMO) idea at 172 using buy limit and price at 172
2 I want to sell it when the price goes to 173
3, If I put sell amo with SL-M and trigger price at 171,
4 Here the share gets sold only when it reaches 171 or below?
5 How to sell the share at 173 and above?
Kindly explain them
Regards,
Amatuer
Firstly, you will not be able to place a sell order in CNC(delivery trades) unless you have shares already in the demat account. So if this is a fresh trade and for intraday, then you can do it this way.
AMO buy limit at 172 in MIS
AMO SL-M with trigger at 171 in MIS
AMO sell limit at 173 in MIS
Is it possible to place sl-m order as AMO
eg. closing price of Axis bank at 562 and with hope of high volatility can I able to place a BUY ORDER at 566 as sl-m and a sell order at 572..now on next day if Axis opens below 560 then what will happens to my AMO order?? please clarify.
Yes it is possible, if Axis opens below 566, both your SL-M Buy and Sell order will remain pending in the system.
You article on pre market order and post market order informative. Over time I create my own Intraday Trading Formula to reap the maximum benefit from my trading. Success rate of trading formula amaze me, I don’t hesitate that. Some time this formula FAIL in volatile market. Hope I will solve it in future.
Can you suggest me another Intraday trading system? It will help me as well as many like me to earn money from stock market. I will awaited for your next amazing article on stock trading.
Hi Nithin, Please ignore my last message. I think i wrongly assumed the issues you face in implementing Bracket orders in AMO.
As you mentioned the risk management issue, in my opinion, the users of Bracket orders in AMO should bear the risk of getting their stop losses hit near the market open and they should put these triggers wide enough for illiquid securities.
Sending an AMO without using a stop loss is a big risk for retail investor, and specially for the people who can not track the market during the day and generally use AMO for trading.
I hope you understand the issue.
Regards,
Hi Nithin, Thanks for the prompt reply.
For 3rd, just a suggestion, you can add this functionality only for stocks to start with. and also provide no leverage for such trades (for ex: client has to keep 100% equity for buy trades and 150% equity for sell trades) as in principle AMO orders are not intra-day orders.
Regards,
Hello Nithin Sir,
Can you please answer following questions?
1. Can AMO be placed between 9.07 AM (after pre mkt session) to 9.15 AM (before normal mkt session) ? if yes, will these orders be sent to exchange at 9.15 AM the same day.?
2. I read that you mentioned that Basket orders do not support Bracket orders or cover orders at the moment. Do you have any plans on implementing such features in near future ? I do understand the complexities associated w/ bracket orders and users mis-using this facility and causing big overheads for you.
3. Also, as you mentioned brackets and cover orders are not available under AMOs. will this be added in coming months ?
Actually i am looking to trade a basket of genuine 20-25 stocks, placed before the normal market opens, with limit price, exit price and stop loss price well defined.
Regards,
1. yes
2. I doubt if this can be done in the very near future.
3. It is a risk management issue to let this happen as AMO as during the opening ticks when the market is illiquid, this can go haywire.
Hi Nithin,
When is new platform releasing and will it have bracket order enabled for AMO? and if so, can you facilitate it to trigger when the last traded price is within a specified range?
Regards,
Srini
Srini, even the new platform won’t have brackets for AMO. It might take a while for this.
Hi Nithin,
Could you please answer my below two questions :
1. Is there any future plan to enable BO orders in website terminal(Z5).
2. Is there any possibility/future plan to enable BO for After-market orders ?
Regards,
Saurabh Agarwal
1. It might take a while.
2. hmm.. this is a little tricky actually and may not be possible in its current form.
Hi Nithin,
Thanks for your quick reply but not sure about the complexity/trickiness in enabling the BO order for After-market order and in the website terminal.
While opening the account, I was told that these features will be soon introduced in web terminal as well.
Basically the problem is, my work timing are 10am to 6pm and in my office laptop, i can’t install any personal use software so kindly tell me how can I make use of facilities provided by your company.
Thanks,
Saurabh
Saurabh,
Presently we use a vendor Reuters (earlier Omnesys) for technology, Bracket orders is designed by them for us. The way they have designed is that it requires live market rates to determine the range within which SL/target can be mentioned. (When the markets are closed, the prices compared vis a vis to when it opens in the morning could have a big gap).
Introducing this on web terminal is something that we are working on.
can i use the website platform for trading during the preopen market(9-9.07 am)
Yes
Sir, May I know about the rejection of Buy order..?
Rejection can be either because you are using the wrong product type, placing orders much higher or lower below the current market price or if there is no sufficient funds.
Hi Nithin,
If I have used all the margin exposure to buy (in MIS) in PRE OPEN – between 9.00 AM to 9.08 AM… can I place an exit SELL order for the bought stock as an AMO between 9.08 AM and 9.15 AM ? (all the margin has been used to buy)
Absolutely you can.
Hi Nithin,
While placing a Pre Market order, is it possible to place
1) a Bracket order using the extra leverage ?
2) a Cover order at market price using the extra leverage?
3) a Cover order with limit price using the extra leverage?
4) after entering in pre-market, when the market opens, can the square off exit order be placed with out any extra margin requirement?
You can’t presently place bracket or cover order in premarket.
Thank you.
1. As per the above discussion, cover order was not possible during pre market session in 2014. Can we place cover order during pre market session in this year 2016?
2. Are your team working on the same for providing the above facility.
3. Please include a digital watch in kite website so that we can place/cancel order correctly.
Please try to answer all separately
.
1. Not possible in pre-market
2. In pre-market cover isn’t possible for technical reasons.
3. Yep, will come soon.
can the AMO order be place for barcket order.
No
AMO order(MCX) at what sec it’s send to exchange ex:10:00:00 am
and if i placed AMO market order in priority means it will trade in open price? or it jump open price?
It is sent as soon as the market opens, but there is no guarantee at what price it will get through.
DEAR SIR you is great inspiration of young. i will pride to open account with your management. THANK YOU
Hi Nithin,
Just signed up.
Just so I understand your previous response of Feb 18th correctly, I can place AMO for amounts less than 25000 (e.g., 10 shares of NIFTYBEES @ 750 = 7500 ) correct ?
Your policy document here: http://zerodha.com/policies-and-procedures doesn’t seem to reflect the change.
Could you please clarify.
Thanks very much.
Arun, as long as you are using it for genuine purposes there is no Rs limit, you can buy/sell for as much as you want using AMO. Some of our clients were misusing this by placing hundreds of orders at prices way above or below the market price and hence that condition remains on the Policy document.
best of luck,
Thanks so much !
Hi Nithin,
I am about to open an account with Zerodha…. But was a little confused about AMO & pre-market orders on Zerodha. The executive was also not sure about these details…and actually gave a total opposite picture of what u have replied.
I have been trading for the past 2 yrs mainly using AMO with Bajaj Capital-Justtrade. Before changing to Zerodha, just wanted to make sure that Zerodha suits my method of trading.
That’s why, I have been bothering u with all these questions.
Thanks in advance.
Np, Welcome onboard, 🙂 Cheers,
Hi Nithin,
What about pre-market order?….Can I place a MIS order in pre-market (9.00 am to 9.08 am) using the margin exposure applicable?…
e.g. if I have Rs.10,000 in my trading account, and want to buy SBI (9X exposure) using MIS code (strictly intraday) … during pre-open (9.00 am to 9.08 am)…then can I buy for 85,000 (5000 less than 9X to accommodate brokerage, taxes and loss if any) in pre-market section?
Yes you can place using MIS in pre-market and After market.
Hi Nithin,
Please refer to earlier message (just above this)…
1) The reason why I asked if margin exposure will be available for MIS order as an AMO is that because, in the margin exposure page on this site, it is mentioned that margin exposure is available only from 9.15 am to 3.20 pm (auto square off). This means that any order done before 9.15 am will not get margin exposure (AMO orders done before 9.15 am)
2) If Bracket order is an order type like MIS and CNC,… can BO orders be placed as an AMO and also get the exposure limits of BO?
Robin,
1. When you place an AMO order, it is sent to the exchange only once the market opens, so yes you can place MIS orders as AMO
2. For now BO can’t be placed, but it should be possible in the next few months.
Hi Nithin,
1) Is it possible to place an MIS order as an AMO?…i,e. order that I want to trade intraday.
2) Will I get the normal Margin exposure given for MIS orders?
3) Is Bracket order and trailing S/L facility available for MIS order as an AMO?
1. Yes.
2. Yes
3. BO is a separate order type, similar to MIS/NRML/CNC.
Sir i place my order at 9:10 am and when market opened till that time my order was not executed and I got refrained from a profit of Rs 3/- per share,after the increment of share value my order was executed and i got only less profit.
Sir what should i do so that my order gets immediately executed when market opens and i get maximum profit.
Hoping for your kind response.
Tanuj, your orders will get executed only at 9.15am only once the market opens, you can’t really execute your orders before market opens. When market opens and if you have placed an AMO order, there is a big queue and it is very tough to say what will be the price you get in the first 1 minute, this is something which is not in anyone’s control.
Can AMO be modified during trading hours? And which product code to be used to place the same?
AMO once market opens becomes either NRML/CNC/MIS, based on what you had chosen while placing it before market opening. So you just have to go modify this order from the order book once market opens.
sir whether a limit order can be placed of the same stock again after its first execution?
Yep, as many times as you want.
nithin sir if a person places a limit order in equity intraday trading and suppose the stock reach the specified price ,how much time it will have to be steady there at specified price for execution
Your question is answered on this query on http://www.tradingqna.com
Check it out: http://tradingqna.com/2618/limit-order-executed-traded-price-reached-limit-order-price
Is MIS allowed for Pre market Orders
Hi,
Could you clarify the following question of mine.
I read above that one can not modify AMO order between 8:45 to 9:15. But, can new order be placed between 8:45 and 9:15am?
Rajendra, the post above is updated, you can place AMO anytime until 9.15AM and also modify it if you wish.
Hello…Mitesh Shah here. i want to add Nest Plus charting software in my system.so how to add & whts the process. pls contact me on 9769915377
Mitesh it is best to send such requests to [email protected]
DR1537
@Hanan : Today, pre market order got cancelled with a message ” order with invalid attributed”
Ah-ha! Got it, Ravi. 🙂 The thing is you’ve been placing a Cover Order in the pre-open session. You can place only CNC or MIS orders on the pre-open session. The logic behind this is that CO and BO are grouped orders, which means that one order has to be executed for the other order to be sent out. This won’t be possible in pre-market or AMO settings, so you’ll have to use MIS or CNC.
@ Hanan : Nope, I’m placing order in between 9:00 to 9:07 only and the order has been rejected, but the same order is exeucted when i placed afer 9:15 !!
Are you placing this order on equities? Why don’t you share your client ID or send us an email on [email protected] so we’ll look into this.
This doesn’t happen to any other account, by the way.
Hi Nithin : I’m not able to put pre-market orders. Order is being rejected and the message i’m getting is ” Trading system is not available” ! why is this happening?
Ravi, pre-market orders can be placed only between 9:00 and 9:07 AM. If you’re placing them before 9:00 AM, you’ll get this message. If you would like to place orders before the market opens, use our After Market Order (AMO) facility.
Dear Hanan/Nithin,
I am a swing trader. Say I’ve 10 positions open. To punch stop price for all 10 trades every morning at 9:15am is difficult. So can I use AMO to punch stop order the previous day itself?
Karuna
hi sir, i have few questions
1.which order will get the priority
CanwetrackthePremarketVolume
All data feeds that are given by the exchange is shared on the trading platform. So yes if there are trades happening in the premarket, you can see the volume on the platform.
Cheers,
Dear Nithin,
….think you missed my second question. Is it possible to reduce the minimum order limit for AMO in equities? And is there any particular reason for this limit, means if it can be shared?
There is no minimum order limit for AMO anymore, we have this limit for only those people who place hundreds of orders for 1 share each.
Thank you very much… 🙂
After I place a AMO order where do I see the order to modify and cancel it…..
Hey Maddy,
Sorry for the time taken to reply, you can see the AMO order in order book under open orders. You can modify it from here.
Cheers,
Hope I could still place orders of any value once the market is open
Of course. I can place it. Just checked it now
Is the Basket After Market Order banned from today(14th FEB 2014)? I can’t find it in the menu.
Also, I can’t place an AMO between 9:10 to 9:14, also from today.
If I split a order for the same symbol into multiple pieces, would it count as as single order.
Say, I place an order for a stock as three different orders (10K,10K,10K) would it be constituted as a single order. If Basket AMO is banned, then there is no question of the above scenario though?
Also, may I know the reason if it could be shared (I believe too many market orders at the start would drive the price up sharply)
Prabhu,
Yes Basket After market order has been removed as of today. It was being misused, and causing us a lot of issues at market open.
If you place 3 orders, they will be considered as 3 different orders.
Cheers,
Got it. 🙂
Dear Zerodha,
Is there any minimum order amount for placing AMO in equities?
Check out this page for more details on our policies and procedures. These are subject to change depending on market conditions.
Here are the guidelines for AMO:
AMO (After-Market Orders) will be allowed only if the value of each order is above Rs. 25,000.
AMO will be cancelled if the price entered is more than 10% away from the LTP in either direction.
Yes Anwar, Rs 25,000 worth of equity atleast in AMO.
Well..thank you. But what is the reason behind this lower limit on AMO? With my previous broker (sbicap securities) there was no restriction on order amount.
I am a person with no access to trading terminal during trading hours. Small AMO orders in sequence over some days was my way of making a position in a stock. It helps to average out stock price for medium term investments. Can you consider revising the limit downwards, at least to Rs 10,000?
Thanks for excellent blog. Last couple of days at market closure price exhibited on our trading system is not what is shown later in the day as closing price on stock exchange. Sometimes difference is 50 or 60 points in bank nifty. Would you kindly explain the reason and how can it be avoided in our sell or purchase at closure.
SDM,
The closing price is the weighted average price of all trades that happen in the last half hour of trading. Usually many people assume that last traded price at 3.30pm is the closing price, but it is not. The closing price after the calculation is updated around 10 minutes after market closing. Hopefully this helps,
Cheers,
Hi Nithin,
My query is not related to post, but would request an answer.
I am using Z5 for trading. Where can I see my portfolio? ( My investment and current value of holding). I need this badly in order to understand where I am with regards to my investment.
Hi Rafi,
On the holdings window in Z5, click the ‘+’ button and the holdings window will show you your portfolio value..Here’s how it looks: http://imgur.com/Yz4vaDO
To view your Profit/Loss you’ll have to access your Backoffice and view the Account Analysis report under NSE EQ.
Hi Madhav,
Thank you for the quick response. I have these issues with Z5
1. I need to take calculator to know my total stocks value as it shows BSE and NSE separately and no total.
2. What exactly these BSE/NSE values. The stocks are in demat and most of them can be traded on both NSE/BSE. So does it show cumulative values? Why can’t you just show the purchase value and current BSE/NSE values along with each stock and profit/loss. That would be much convenient. Please have a look at MoneyControl.com or Sharekhan portfolio for example.
1. The application shows the value of ALL the stocks on BSE & NSE separately.For eg. if you hold 10 shares of Reliance Industries and if its trading at 798 on NSE and 802 on BSE, then the NSE valuation would show 7980 and the BSE valuation would show 8020. Similarly it would show the value of all stocks for each of the Exchanges provided such stocks are trading on the Exchange.
2. We’re revamping our BO and these features are included in it..We’ll be rolling out the beta of the new Backoffice very soon..
Hello Zerodha,
Two queries.
1. If I’d place an AMO order with product type MIS in equity seg, will it automatically gets square off at 3:20 PM if I won’t square it before that.
2. Today(Saturday), I tried to place a basket order(using web TradeExpress) for 2 equities with LIMITs and MIS as the product type. After clicking on the place button I got some msg like ‘Do you want to send this basket order to exchange?’ ,I clicked on OK. But I couldn’t find any traces of those orders neither in Order Book or Trade book. I even checked if it has blocked any margin but it didn’t. I thought the orders will be rejected as the prod type was MIS or atleast I should get an error for it( as somewhere in the blog its mentioned that value for each order in the basket should be more than Rs 1 lakh, and I had only 28k on my accnt). please can you see what is the problem..my id is DK0646.
Thanks in advance.
Krish
Krish
1. Yes, all MIS positions and orders get squared off and cancelled respectively by 3.20pm.
2. Krish, can you try this again on Monday, today we are running server maintenance and could be the reason for the rejection.
Cheers,
Dear nithin,
I need mobile trading account…
For my account rk0325…
How can I get password….
Pls clarify…
Shravan,
The Same userID password works across all platforms. Read this blog on how to download the mobile app.
Cheers,
Dear nithin,
Need clarification regarding post market session….
Today I obseved Post session for 1st time…
There were no sellers for some scripts and there were no buyers for some scripts…
How can the orders get executed when there are no buyers or sellers…
Pls clarify…
Shravan,
In the post market session orders very few people participate, you can place a limit order and hope that someone takes it.
Hi Nithin,
The PMO link is broken. How do we place such orders?
I tried to place an order at 9.01 AM and the system accepted it.
The link seems to be working fine for us. Why don’t you click here to view the entire PPT on pre-open orders using call auction? Do get in touch with us if you need any other information.
This works.Thx
Hello There,
Why there is no feature to square-off the positions from the trading account ? Why should a trader / investor always calculate the position using Excel sheet ?
Sorry, we don’t understand your question. We do have a square off button for squaring off positions and equity holdings from the trading terminal. Everything is calculated automatically in the terminal and there’s no manual calculation required at Zerodha.
Hi Hanan,
Great to see your responses on Z-Connect.
I use both Market Watch and Trade Express platforms to trade.
I’m talking about Sqaure-off facility for “Option” contracts. I was not even provided any support from the the executives to understand about the trading platform, no manuals provided. It’s irritating using your trading software with limited facilities.
I’ve a small doubt. Do Zerodha charge anything extra on AMO?
There are absolutely no extra charges for placing AMO orders 🙂
Hello,
1) What are the reasons that result in violent activity in the pre market session? is it some kind of a trick played by someone for some reason?
2) Is there any particular reason why the pre market session randomly closes between 7th & 8th minute? What is the reason for this random closure?
Regards
Sukesh
Sukesh,
Pre-market orders are designed in such a way, check this link from NSE.
Can we place AMO for intraday??
Yep you can
Hello Nithin, Thanks for this informative blog.
My question is does my AMO-Stop Loss Order get triggered by the huge fluctuations that usually occurs in the pre market session?
I believe there is no trade executed in the pre marketing session but only order matching so the opening price of the day is determined exactly when its 9:15AM so the stop loss orders should not be executed in the pre market session – Please confirm this understanding.
Thanks
Sukesh,
All AMO orders get entered into the exchange at 9.15am and hence all the weird ticks in pre-market won’t affect any of your triggers.
Cheers,
Thanks for the reply, can you please confirm my understanding that there is no trade that takes place in the pre market session whatsoever, both in equities & f&o, its only the order entry and matching that takes place.
Thanks
Greetings,
I feel that the Zerodha platform could be more error prone for people who use After Market Orders. Let me illustrate my point with an example – On 18th November I purchased 6300 Calls on both ICICI and Zerodha. On the 18th Nov night I decided that a target price of 39 was reasonable (it had closed around 34).
On ICICI, I went into my current open positions hit the square off link, specified the limit price of 39 and the order was queued for next day.
On Zerodha for the same transaction, I have to go and place a Sell AMO for 6300 Call. However this is error prone especially for people who trade in Out of the money options. For eg. Lets say my intention is to square off my existing 6300 Call for 39. However in the AMO sell option in error I choose the strike price of 6200 instead of 6300. If this gets executed the result would be that instead of squaring off my existing position I have written/sold a naked call of 6200 (assuming I have the requisite margin in my account) for 39 or above.
I would suggest that for existing open positions, 2 links be provided – (a) Market Square off (which can be disable during off market hours) (b) After Market Hours – If one clicks this then it provides options for either a limit, stop loss or market square off and the order gets stored as an AMO. This will minimize chances of error.
Thanks and warm regards,
Sajeev
Thanks Sajeev for the suggestion,
It makes sense and will speak to our technology team and see how it can be incorporated.
Cheers,
Do you (Zerodha) provide the facility to trade in pre open session And post market session ?? if yes, with which product type (CNC OR MIS) ??
And warm diwali wishes to zerodha team.. Haappyy Diwalli..
Thanks Pravin for the wishes,
Happy Diwali to you and your family,
You can place orders in pre-open either as CNC or MIS, no restrictions on that.
Cheers,
How to place pre-market orders?
Check out this link to know everything about Pre-Open Orders.
But do you (Zerodha) provide the facility to trade in pre open session And post market session ?? if yes, with which product type (CNC OR MIS) ??
Hi I tried to place a sell limit AMO yesterday night but the order did not go through stating an error “price entered is not a multiple of tick size”
Can you please let me know why his is happening… When is the window open for AMO on Monday morning trade….
As the error suggests, you have to place your order in multiples of the tick size. Could you please elaborate on which commodity you’re trying to place the order for? Generally, the tick size on NSE is 5 paise and for most commodities it is 5 paise. For some commodities, the tick size is 1 rupee.
AM orders for EQ are open from 5 PM till 8 AM the next morning.
AM orders for Commodity are open 24 hours, but are sent at 10:00 AM every morning!
i am a beginner and have one doubt. if i buy 100 shares of XYZ @Rs.100 and want to restrict my losses to Rs.3 per share, i put a SL-M order on the sell order entry,at a trigger price of Rs.97, correct ?
now also, if i want to put a sell order for a target price of Rs.105 , should i do this order by admin positions in square off facility or should i put another sell order for a limit price of Rs.105 in another sell order entry ? Please advice
Ash,
1. yes.
2. You can place your sell order either from admin positions or use a fresh selling order, it doesn’t matter.
Cheers,
Hi, its an continuation to ASH question , if SL-M triggers at 97 and again that stock crosses 105, that time it will considered as SHORT ? or other order will be cancelled automatically if SL-M/TGT hits ?
If SL-M triggers at 97, and if stock bounces to 105 it will be considered as a fresh short. You will have to cancel manually the other order if SL-M or TGT hits.
whenever I place limit amo on commodity,it is never executed. even if the market price crosses my limit price at the opening market.what is the reason. I place amo from 9.50 a.m to 9.56a.m thanks babula bhuyan
Babula, I think we’ve answered your query by phone. This information is for all other users: We cannot place regular orders before the market opens. Before the market opens or after the market closes, you can only place AMO.
Regular orders can be placed only when the markets are open. I hope this clarifies.
can i place the cover order as a pending order?
ie: i wants to buy LIC shares at a rate of 140 and suppose the current market price is 150, can i place this order as a market order?
dinsjoy Sep 6 2013, 1:11 pm
sorry the above mentioned question have one mistake this is the currect question
can i place the cover order as a pending order?
ie: i wants to buy LIC shares at a rate of 140 and suppose the current market price is 150, can i place this order as a pending order?
[ Click to thank ]Reply
There is an entire blog on Cover orders, do check there.
Cover orders have to be placed market with stoploss markets.
Cheers,
Hi,
Can i place a AMO through web site? Please let me know when i tried to do the same, it is giving me a rejected status in orderbook..If i can not place an order through web access, please let me know how to download the software and better put a facility in web also,bcz i can not access the terminal in my office………..
Regards,
SaikiranGarapati,
08148860968.
Yes this can be placed. What time were you trying to place this?
Hi, I have tried on after 11:00 PM. But i got a message saying that adapter is down.
Are you still facing the same issue? If so can you send an email to [email protected], we will have this double checked.
Hi Nithin,
Just placed 2 AMO’s ( on 07/Jan/2017) – around 8PM – ish, both got “Adapter down” as reason. Is this normal?
Today there was mock trading on exchanges, so we were running some processes. You can probably place now.
Is it possible to have more than one order window displayed at the same time,say NF and option/two cash scrips so that sudden ups and downs can be capitalized in two or more scrips to enter /exit.at the same time.
Now I am keeping one order window open, put the order at market and click submit when I want and then click another scrip,click F1/F2,put order at market and execute by which time rate has already gone up down by a few points,it can be even10/20 points say in bank nifty.
SL/limit order -I can place before hand for any number of scrips but for market orders….
Any way out (to cheer!)
Vasu,
Presently not possible to open two order windows at a time.
Cheers,
Hi,
1.If I Buy Stock today on delivery bases and price of that Stock goes up in today’s trading session, So I decide to Sell them tomorrow using BSTS. My question is Can I Sell this Stocks in tomorrow’s Pre-Open Session?
2.for example, I Buy Stocks of XYZ company on delivery basis. and after some time that company Delist or Suspended from that particular exchange. so Can I Sell that stocks?
1. Yes you can sell it in BTST in pre-open. But do read the risks of trading in BTST on this blog.
2. If a company delist from the exchange you will not be able to buy/sell on the exchange. If you have got stocks, you need to tender it back to the company or find a buyer for it out of the exchange.
Cheers,
I had placed a market order in DLF in pre-market session today, but after the market opened, it got converted into a limit order at the opening price instead of getting executed. Can you explain this?
Waman , you can check page 14 on this link, if market orders are not matched, it can get converted to limit order.
Cheers,
Dear team,
I want to buy Vivimed laboratories which is hitting its upper circuit from past 10 sessions….
today it is closed at 164.50…5% up from its previous session….
how I have to place an order to buy it..??? Post-market order or Pre-market order…???
And at what rate i have to place the order…164.50 or more..???
and 1 more question….
now the stock is locked at 5% upper circuit and when it starts hitting lower circuit it will be locked at 5% or the lock is totally removed….
And Are these type of shares safe…????
Kumar,
When a stock is hitting circuit it wil be very tough to buy it because the reason it is hitting circuit is because there are no sellers. If there are no sellers, there is no way you can buy be it in market, pre market or after market. How to place a pre/after market is already explained in the blog above,
Is it safe to trade these kind of stocks? Absolutely not, the same way it can hit upper circuit continously, it can also hit lower circuits continously..
Cheers,
Very good information. Thanks to Zerodha for sharing the knowledge.
I wants to buy / sell 20 different shares at open price or nearer to open price, on intraday basis with leverage. can i place this orders before market opening or any alternative solution?
You can use Basket order for this, check this Blog. You can save a basket of the 20 different orders on an excel sheet and load it either as an after market order the previous evening or you can place it during the day.
Cheers,
Dear sir. I want to know about basket orders
Can someone please let me know if it is possible to place an order that gets executed based on the execution of another order? For example i place an order to buy xyz shares at price p1. I want to place a buy order at price p2 and sell order at price p3. Both of them should be open only when the first order at price p1 is executed while only one of the orders at price p2 or p3 should get executed. In a nut shell i want to exit with a pre-specified profit or loss.
Thanks in advance and anxiously awaiting a reply.
Lakshmi,
Such an order is called as a bracket order, unfortunately exchanges presently consider it is algo’s and don’t approve this for retail clients.
You can manually place a profit order and stop loss, but will have to cancel once the other is executed manually. But what you are asking is presently not possible.
lakshmihv Aug 8 2013, 11:09 pm
Thanks for the reply. But I just searched the net and found that bracket orders are being allowed by sharekhan. I will ask my friends about it and get back to you.
[ Click to thank ]
Lakshmi, Sharekhan is presently allowing it only for equity segment and not for futures and options. For equity segment we have also gone to exchange for approval of this product.
Cheers,
HI Zerodha,
Sorry to post this question here, not sure where it should be placed….anyway, Where is the option to see the Index (Historical and Intraday) Chart, for especially NIFTY (SPOT)..
Your Quick response is highly appreciated.
Many thanks
Guru
Guru,
You can look at the charts for only what can be added on the marketwatch. So you can look at the nifty futures historical chart by adding nifty futures on the chart. But you cannot add the chart of the underlying nifty(spot).
Gkrishnan Aug 6 2013, 12:08 pm
Do you have a facility to add Nifty Spot in Market watch, so that we can have the chart in the terminal??
[ Click to thank ]Reply
No presently we can’t.
Can we post pre-market orders during weekends?
How can I create a basket order of limit orders and submit it during the weekend to trade on Monday? How can I increase the chance of execution if it is illiquid small caps i.e. can I execute an algorithm?
Sorry, I don’t mean pre-market order, I mean after market order (AMO).
Yes you can place basket orders as AMO. Go to orders and trades, After market order and then click on basket order.
To be able to use execution based algo’s you will need to have a dealer terminal and is not possible on retail client terminals.
Cheers,
EDIT: Effective 1st December 2014, the Basket order for AMO has been withdrawn.
Thank you for your reply. Appreciate it.
Any plans of making the algorithm available to retail customers? It would be really helpful for small / midcaps.
In the meantime, what do you suggest to retail traders buying small / midcaps. How can we acquire positions without too much impact cost? I have heard market orders are risky; if I put a limit order for 1000 shares, will it automatically buy in lots of 100 or will it show a bid for 1000 shares on the market?
We do have algos for better execution of orders, it is called i3, check this blog. Presently i3 is allowed only for dealer terminals and unless you are someone who trades very big quantities, it doesn’t make sense to subscribe for this product.
What you could do is use the disclosed quantity feature while buying and selling stocks. In your buy/sell order window, if you want to buy 1000 shares, mention quantity as 1000 but disclosed quantity as 100. This way on the market depth window only 100 shares will show up, but actually your order is for 1000.
Placing market orders on illiquid mid/small caps can be pretty risky.
Cheers
Hi,
Please let me know if for equities, Zerodha allows stop loss orders during AMO. For eg. if Reliance closed the day at 872 with a high of 880, can I place an order specifying that Reliance should be bought if it goes beyond 880 with a limit of 890 at 9 pm in the night for tomorrow’s trading or has it got to be a limit order only. I am in the process of opening a trading account with Zerodha and would also like to consider Zerodha for the demat account if stop loss orders are possible during AMO. My current broker ICICI only allows limit orders during AMO.
Thanks,
Sajeev
Sajeev,
Yes you can place limit, market and stoploss orders in AMO. If reliance is trading at 880 and if you want to place an AMO order to buy only if reliance goes to 890 which is higher than the market price you need to use a buying stop loss order with a trigger price of 890.
Check this blog on Stop loss orders. But yep the facility is definitely available.
Cheers,
I have an order placed in the system as a stop loss , which i am trying to cancel after hours. however i am getting an error cancellation failed.
any idea why .? tried calling phone banking, on saturday at 10.30 no one answered , is the phone number available 24 X 7
We work till 4pm on Saturday, between 8.30am to 11.30 pm on weekdays. Guess your issue must have been sorted.
Sir can I change my email id and mobile number by loging in zerodha back office without filling and singing any physical form.
Yes, you can change it by logging into your backoffice.
Cheers,
Hello Sir,
I am from jharkhand . what will be stam duty fo me?
Presently, Stamp duty will be according to Karnataka Stamp act. 0.01% with a maximum of Rs 50/contract note.
thank you sir for the timely and valuable advice since i was saved from a ridiculous situation today itself.
Dear Sir,
Does Zerodha provide single trading platform for equity, currecy and commodity. If yes Do we require separate margin.
Yes, we have single platform for you to trade equity/currency/commodity on NSE, BSE, MCX-SX, MCX
Equity and currency can be traded with single margin, but commodity would need separate margin.
dear Zerodha,
pl. let me know the advantages and disadvantages of trading with the start of the opening bell that is exactly at 9.15 A.M. and then exiting out at or before 11 a.m.? I think we can pick up the initial support prices to enter in this way.
Ramesh,
Had missed your question.
Entering exactly at 9.15am is tricky because there is still a certain price discovery happening and you would not know where exactly the price would settle. It is always best to let market settle down for atleast 5 mins before entering a position
Can i palce AMO buy and selling order’s in same time in commodities ?
Suppose the closing price of Gold-M is 26,982 i expected rise in next day open price, is it possible to place buying order @ 26893 and selling order @ 27000 i mean how the order’s is exectued individually or as different order’s ???
As iam employee i can’t be able to watch market i want to buy @26893 and want to sell it when price reached @ 27000
Yes Varma,
You can place AMO orders, 2 different ones for buying and selling at prices you have mentioned.
They are considered as different orders .Whatever price comes first, that order is executed and the remaining will be pending.
Cheers,
pl. let me know ,how to check open posiotions and margines blocked through nest trader?
Check this blog on Admin positions: http://www.zerodha.com/z-connect/blog/view/zt-view-positions-using-admin-positions
And for margin blocked: http://www.zerodha.com/z-connect/blog/view/zt-view-cash-limit
sir,
1. Can pre market orders be placed for fno also?
2. Since during per market time, numerous people post their orders. At what priority orders are executed when markets open?
Thanks.
Vikas,
1. Premarket orders can’t be used for fno, it is allowed only for equity trades. But you can use AMO orders for FNO.
2. Orders are executed based on price and time. So if 2 people but an order to buy a stock at same price, the person who placed it earlier is filled first.
AMO is allowed till 9.15am
Pre market order between 9am to 9.08 am
State any advantages to one compared to the other
Premarket orders that you place between 9 to 9.08 is placed on the exchange, whereas AMO is sent to the exchange at the market opening. So if you are looking at getting an execution in the opening few ticks, Premarket orders are definitely much better option….
Cheers..
Hi,
I’m new to Zerodha. Please let me know the procedure to get money from linked bank account to Zerodha trading account.I have linked Canara bank account with Zerodha.
Thanks
Harsha
Harsha,
We don’t have an instant payment gateway for canara bank, so you will have to do a NEFT transfer from your bank account. The account details are mentioned on this page: http://www.zerodha.com/funds-transfer , NEFT can take upto 6 hours for the funds to show up in your trading account.
We have a tie up with 20 odd banks for instant funds transfer, if you have queries on that check this: http://zerodha.com/z-connect/blog/view/zt-transfer-funds-into-trading-account
Cheers..
Hi,
I would like to know is there any leverage for after market orders.
Using after market orders, you can place MIS, CNC and NRML orders. MIS is a leverage product, and you can use after market orders to place this..
Hi,
I watched this video on how to place order in Zerodha: https://www.youtube.com/watch?v=0DsPvsQYWAE
In the video it says to select PCode as-CNC for trading delivery (Interday trading),MIS for Intraday square up trading and NRML for F&O trading.But I dont have CNC option at all in my profile,just have MIS and NRML. As I dont much do Intraday trading and not at all do F&O,It doesnt seem to be useful for me without CNC. Please help me on this.
Regards,
Harsha
Ph no:8951351218
Correction:
It is not PCode ,it is Product Type I was asking about
Also please let me know what needs to be selected for making delivery equity orders(i.e.,I buy on one day and sell on some other day)
Harsha,
For doing CNC trades in equity, that is to buy stocks and hold it overnight you need to open a demat account with us along with your trading account. If you have opened the demat account and it is not showing up, will have it fixed, but if you want to open a demat account also, shoot an email to [email protected]..
Good evening Sir,
If i placed an AMO buy order(limit order)after 6.30pm. but tomorrow the price is not reached as i expected, should i modify the order during the market hours? pls reply sir
Hi Jahir,
When you place an AMO it gets placed on to the exchange before markets opening.. So yes, if the price is not reached you can go to order book and modify the price during market hours…
Cheers..
Hello Sir,
I would like to get some clarification in AMO orders..I am giving some examples here..pls clarify my doubts
Example:
Reliance Communication is closed at Rs.100.00 on 02.01.2015
I think RCOM will move up with heavy volumes on next trading day
So I have placed AMO order @ Rs.101.00 @ 9.00 AM (+1.00% difference from closing price).I have placed in NSE Cash&F&O
1.On next trading day @ 9.15 AM ,RCOM is open with a Gap up of +2.00% and its moving to +4.00% difference..
In this scenario,whether my AMO orders will get executed at 9.15 AM?
On the opposite side
2.RCOM is opening without any gap in its price @ Rs.100.00,whether my AMO order will get executed?
3.RCOM opening with a gap up of +2.00% and coming down to my AMO order price after 9.16 AM,whether my AMO will get executed or not?
4.RCOM opening with a gap down of -3.00% ,whether my AMO order will executed or not?
Regards,
Ajay
1. Your order will be remain pending at 101.
2. Yes, your order will get executed at Rs 100
3. Yes it will if price drops to 101
4. Yes it will get executed, at whatever is the opening price.
To add to the above lets say
I want to buy xyz who’s ltp is 100, in AMO at a price of 102 as I’m bullish on the stock and I’m willing to go up to 104 and not more than that . But the stock opened at 106 and I don’t want to risk the trade at that high price.
Now my question, Is there a way to place an AMO with max price that I can go upto rather than going with the market price?
Yes, just place a limit price at 104. So it will act like a market order with a max cap of 104.
Sir,
1) In commodity market can i put ordered as SL and SL-M in AMO? (For buying or Selling)
Supposed Commodity market closed and Zinc closed at 179.10 and supposed next day Zinc will open at 179 and no any conformed direction so,
I want to buy Zinc if price go up above 180 (Its Resistance R1)
I want to sell Zinc if price go down below 178 (Its Support S1)
And i am not online user so i can put order in AMO with the help of SL and SL-M?
Yes, you can.
nice information. I have small doubt. Pre market timing is from 9.00am to 9.08am and in the same time i can also place AMO(After Market Order)? If yes, then how do place order’s for it??
Suppose if i want to place a but order for reliance 10 shares by 9.02am…. then how do i place an order.. is it like ctrl+f1(AMO) or nowmal F1 buy order entry??
During the pre market time between 9 to 9.08 am, you can place orders normally, the same way you do when market is open using the F1/F2 window.
You can continue placing AMO orders till 9.15am using the Ctrl+f1 option.
Is it mandatory to have a demat a/c for post market orders as the product type is CNC. If not then how can someone place a post market order and is there any leverage?
post market window is open only for 20 minutes and you can’t do any leverage trades. Yes you would need a demat account mapped to your trading account to participate.
sir, when i placed AMO in commodity segment ?
Didn’t get your question?
I want my order to have validity of more than one day(like 3 days or 4), how will i do it? Plz reply
Empire, it is presently possible only for trading commodities where you can choose an order to be either Good till date or Good till cancelled.
Not possible on equity, you would have to cancel and place a fresh order again.
Cheers,
Why is there such a restriction ? It is very difficult to put a order everyday, for fear we may not be able to place the order on time for the early markets.
Other brokerages like sharekhan, do provide this option. Is there a reason or plan for zerodha to provide this option?
We’re doing something to address this. We’ll keep you informed.
Hi Zerodha,
I’m new to Zerodha. Would like to know if u have any plans to provide features like ICICI direct’s VTC(order valid till cancel) and cloud order where we can store orders. I am a long time investor and following around 40 stocks, so it’s not an easy task to create order every time. without these features, It will be very time taking.
On our list of things to do, will take some time.
Hi Nithin, Yes we would really want to see VTC (Valid till Cancel) feature on Zerodha. I hope it is available for us soon
Hi Nithin,
I am frustrated now by placing ‘Stop loss order’ every day. I have 18 stocks in my portfolio and you can understand how much it’s difficult for me to do a monotonous thing every day at least in this tech era, need a permanent solution. A couple of other users already raised same concern in past.
I am a software engineer and don’t think Zerodha tech team really needs years to develop this feature.
This is very simple ask from us like a small investor who is handling their portfolio by themselves.
Thanks . please help to resolve this asap.
Being a long term investor, i just want to put a order for long duration, without worrying about every day stock disturbances.
Is there any update on this?
Is there a update on this one , it is a good feature ?
any update on this. For long term investors who just want to place a longer duration stop loss order this feature is very useful. Icici direct also offers it
Any Update?Sir please do it as soon as possible and update us…
Currently NSE cancels all un-executed orders after market closing. We are working on providing this facility, it’ll take some time because of the complexity of the required feature.
Any update on this?
Not yet. We’ll keep you posted.
Hello Nithin/ Venu,
First thanks for providing such discount brokerage. I am eagerly waiting for GTC (Good till Cancelled) order for a long time as a long term investor. I have been a IIFL customer for years but planning to switch my broker now. IIFL provided this facility (known as VTD) for some time but just noticed that they are withdrawing this awesome feature. It gives me impression that brokers/exchange themselves don’t find it good their interests and trying to get away from it. But, being a pioneer and innovator of such a business model, i would expect zerodha to introduce this feature by enhancing their software even at some premium charge. All your software need to do is to carry forward and schedule all unexecuted orders for day as AMO for next day.
As of now, I am aware of ICICIDirect and Kotak Sec providing this feature.
Will appreciate your response.
On our list of things to do. Hopefully in the next few months, it is not as easy as placing the pending as AMO for next day. There are small operational issues.
Hi Nithin,
Would like to see the following 2 features for equity CNC
1. GTC Good till Cancel. The order is valid till the date specified or if has been modified
2. Having orders saved and loaded to AMO or directly in Market (CNC) whenever required. E.g. ICICI direct has Cloud based orders which can be downloaded and sent to the exchange.
Would like to know your feedback.
Thanks and Regards,
Manu
1. Working on it, tricky because exchanges don’t support GTC and we will have to build a layer.
2. We already have AMO orders, that can be placed anytime for the next day.
Hi,
Any updates on GTC order?
Not yet Vishal.
Any update for GTC / VTD orders?
Not yet.
Hi, sir if I place any order in post market between 3.40pm to 4.00pm when would it be executed?
It will be executed immediately. Between 3.40 to 4, you can place only market orders and all buying/selling will happen at the closing price of the stock. You can place only in equity segment and only delivery trades(using product type as CNC)..
Sir Thanks for this information , Is the same holds true for Pre open btw 9-9.08
Mukesh, pre-market is different. During the pre-market session for the first 8 minutes (between 9:00 AM and 9:08 AM) orders are collected, modified or cancelled.
Do we have to place after market order in currency after 5.30PM And before 6.30 Pm.Please mention the correct time in now System.
Shashank, What we meant was that you can place AMO orders anytime after 6.30pm till the markets open the next day… Cheers..
Hi Zerodha,
I would like to know more about cover orders.Can it be placed in all segments.Also can it be done outside market hours.
thx
PKJ
http://www.zerodha.com/z-connect/blog/view/cover-orders-for-higher-leverage for more on cover orders. You can presently place them on equity, f&o and currency. This is an intraday product where you have to buy/sell market, so not possible to be done outside market hours.. Do check the blog for more..
just dropping by to say hey
Dear Sir
If i have shares already in my demat account suppose which was purchased few days back,Can I sell the same in the post-market session or closing session which is open from 3:40 PM to 4:00 PM in any of the exchange bse or NSE.
Yes you can..
Hello Sir,
If I want to Buy any BSE Shares in Pre-Opening market Today morning then Is it possible to Buy in Pre-Opening session in BSE Shares…
I try today but order rejected Reason is …Below 1st rejected in pre-market…2nd is at 9-15 AM Rejected
Rejection Reason: Admin stopped AMO
Rejection Reason: TRANSACTION NOT ALLOWED IN CURRENT INSTRUMENT STA
Any another way to buy BSE stock or NSE stock in Premarket which is not included in F&O Segment?
You can just place a regular order between 9:01 and 9:07.
Thanks for pointing the mistake happened by oversight, yes AMO orders are allowed on all segments, equities, futures and options, Currency and Commodities trading. Please make a note of the same Abhishek
Any tentative time for zerodh
a app to be released on Apple market….
Iphone witout zerodha is such a waste thing
It might take a bit Santhosh for the Iphone app we are working on it, until then you can use Z5 works well on all mobiles
Nitin, can u please provide an app for the iPad….
Have you used Kite on your ipad? https://kite.trade/docs/kite/
Yes I did. I’m so sorry to say this but it is way too buggy…. I wish you could try it sometime when you are free…
Can you try installing the IOS app, works better. We are working on native IOS apps, will take time.
Yeah the iOS app is only available for the iPhone and not the iPad. The app gets the job done but nothing more nothing less. If you have time , please do take a look at the IIFL iPad app… So beautiful and so polished. But before any of this, I have to thank you for taking the time to reply for every comment… It is truly amazing to get the reply from the CEO himself giving people so much trust in you guys at Zerodha. Thank you very als don’t forget to take a look at the IIFL iPad app..
Yes Kishore, building a native app for iphones and ipad is on our list of things to do.
Dear,
Zerodha I beg to differ my friend has placed AMO order in F&O and successfully executed it.
@ Sukesh, what time you place an AMO has no significance on the priority in which your order is executed. As soon as the market opens at 9.15am, all the AMO orders are sent by the broker end. If you are looking at AMO to get the best rate in the first 1 minute of the market opening, it is not the right tool. AMO orders are mainly for people who don’t have access to market during trading hours and want to place orders to enter and exit. If the objective is that it is better that you place an order yourself as soon as the market opens.
@Abhishek, AMO is allowed on equity and f&o
HI Zerodha,
1. Suppose i want to purchase A nifty lot only if market opens above say 6000. What is the best order i should use?
2. Does your mobile application and you web application supports PMO and AMO as i dont see any such order there please clarify.
Thanks
Is AMO applicable to FNO also?
I would like to know on what basis would my order be prioritized when i place an After Market Order (AMO).
For Example i place an AMO at 7:00PM on one day, at what time would it be released to the market the next day? Suppose there are other people who have placed AMOs for the same stock at the same price then on what basis these orders be prioritized for execution?
Also I have seen other brokers allowing us to place AMOs from 3:30PM itself however Zerodha allows us to place orders only after 6:30PM of the trading day. Please let me know does this in any way affect the priority of my order during execution?
After market orders(AMO) is usually placed by people who don’t have access to the markets during normal trading hours. For example, if you are a software engineer who can’t access the trading platform during the day, you can place limit orders the previous evening itself using AMO..
why they use AMO MARKET?
Santhosh, if you have questions to be answered, send them as an email to [email protected] and we will make a blog on them and answer it to you..
whats the meaning of portfolio and pivot points?
Post Market Session also called Closing session is a special window provided by NSE for investors to close their trading positions if they realize that they don’t have enough money if you have bought stocks or enough stocks if you have sold them. This facility is designed to help in such situations to exit positions. @Zerodha such a situation would probably never happen as we won’t let you buy stocks if there is not enough money and sell stocks if you don’t already have them…
Dear Zerodha,
What is the purpose of Post Market Session at NSE?
Yes Madhu, AMO can be placed as limit and market, the important thing to know is you cannot modify between 8.45 to 9.15.
Oh my Zerodha Can i use AMO For intraday Please reply soon
No sameer,
AMO can’t be placed during the trading day.
Hi Nithin,
Y can’t i use AMO order on Zerodha web base. Y do i need to only have software to place AMO orders.
Sachin,
AMO is available on the web based version and the HTML5 version. Under Trade on trade express there is an option for AMO and you have a tick box option while trading on Z5.
Cheers,
When AMO order get executed and at which price ???
All AMO orders are sent to the exchange after market opening. They will execute based on the current price at that time.
Is that 9:00am or 9:15am?
Market and Limit equity orders are sent at 9:00 and everything else at 9:15.
PRE-MARKET/POST-MARKET/AFTER-MARKET ORDERS can be placed for nfo (futures)?
Hi Nithin,
Is there any price band limit for AMOs on Zerodha? e.g. Kotak Securities has +/- 10% of the closing price as price band limit for any scrip; I have account with KS, but not able to grab the opportunities because of this limitation. Now I am looking for better service, hope you can help me.
Order can be placed at any rate, however the Exchanges prescribe an upper and a lower circuit limit within which price the order can get traded. You can open snap quote window to know the upper/lower circuit rates. Prices outside this range will not be accepted.
If placed outside range, order will get rejected on submission.
can i edit AMo order in betn 09:16 to 03:30 Pm,
Yes, you can.
Thank you very much for the info.
AMO Orders can be placed as limit and Market Orders? please clarify
i had place order during pre-open session, have not get any shares, and after market open i want to cancel the order.. but seems cannot cancel order, can tell me why
Hmm.. u should be able to cancel the order. send an email to [email protected] with ur client ID.
I am also facing same issue
I had placed an AMO order is it possible to cancel AMO order before markets open, I tried a couple of times but it still there. what to do please help.
Yes, you can cancel an AMO before markets open. Best create a ticket on our Support Portal or call our support desk on 080-40402020.
So if my order remains unmatched in pre market session , then I can cancel that order before regular trading session begins at 9:15 AM?
Same trouble with me
Hey Ramashankar, please create a ticket at support.zerodha.com so that our team can have this checked and assist.
Where are ichimoku indicators.
Please add all indicators
Please provide ASAP
Ichimoku is already available on Kite.
how to place stop loss in amo ?. I have tried to place limit sell order in triveni engg at around 88rs in amo and prevoius day closing was around 91 rs. so next day triveni engg opened with gap up opening at around 93rs and my order was executed around 93rs. How is this possible?. I called zeodha customer care, she told me once you place sell order your order will executed whether price reaches limit price or not, this is not digestible. So say if i have holdings and i want to out stop loss and i want my order to get executed only if stop loss price is breached and not when it goes up…how should I place the order
Punit, currently SL orders in AMO is deactivated. We should have it up soon. The reason for this is because we send AMO’s at 9 AM. Exchanges don’t accept trigger orders at that time.
When AMO Stop Loss facility will be up, it is very inconvenient.
BR,
Sudhir
Hopefully soon.
Hi.. Has the Stop Loss option in AMO enabled now. The last update in September said it was said that the feature would be available.
Regards
Milind
Milind, SL AMO orders are now allowed.
I place a Sell Limit AMO for ITI at 127.6. The next day ITI opened gap up at 137.5 and the limit order was executed. Is this desirable? If yes, then please explain how to place Sell Limit AMO.
I am also not able to place limit order on amo and am forced to sell on market rates on off markets which is not fair.
You can place a limit AMO. What error do you get when you try to place?
stops in AMO orders are not yet allowed….kuch karo bhai
There is only limit and AMO to place orders after and before market opening and closing.
Kite has not worked for that in sell as well. Any comments and resolutions on that. Your support directed me to this link instead of resolution, your sales also directs to website.
ZConnect,analysis is not easily available in kite.
Let me know about this.
Can you be clearer with your query?
MY ALL PENDING ORDRS GETS CANCELLED AFTER MARKET HOURS.. HOW CAN I PLACE A LIMIT ORDER WHICH NOT EXPIRES OR MAY GET EXCAUTED AFTER DAYS
Hey Sumit, all the pending orders on the exchange are cancelled at the end of the day. The exchange does not maintain orders overnight. That said, we are working on a mechanism to provide long-lived orders. This will take some time though. Until then, I’m afraid you’ll have to place orders each day. Alternatively, you can place AMOs every evening.
Hey Matti,
Waiting for Long-Lived order to come into zerodha. Please update once this is live.
SIR YOUR ZERODHA PORTAL IS EXCELLENT BEST WISHES TO U
SIR WHILE PLACING ANY ORDER IN ZERODHA IT IS ALWAYS TAKE MARKET PRICE ORDER INSTEAD OF LIMIT PRICE ORDER AND IN MOBILE ITS VERY DIFFICULT TO CHECK THE SAME . REQUESTED U THE ORDER MUST BE TAKEN IN LIMIT PRICE
I HAVE DONE THIS MISTAKE SEVERAL TIME IN UR PORTAL
Nithin,
If exchange not accepting AMO with Bracket order, You can introduce AMO with bracket and send it to exchange by 9:15, which will help us greatly. I really look forward zerodha to become a user friendly experience.
I am not only looking for such features, we are 1000 traders that looking for same features.
AMO with SL
AMO with Bracket
GTD time.
Nithin Help us to automate our trade, those days are gone when we seat and trade, we are multitasking diaspora..
What i understand, Limit Sell is sell at any price above the limit. You placed limit sell at at 88 and share got settled at 93.. Higher selling price is better right?
good day sir.
i am new to this portal.
suppose if it is a buy order then the particular party will be paying high price. do you agree. is correction made on this part on your portal? pls clarify.
Sorry, can you frame your question more clearly?
Can orders placed through AMO be cancelled during trading hours on app? Or we are supposed to send mail to do the same?
Can I place bracket Oder in pre opening session???? Please help me with
Hello Nitin I would like to know that does the AMO have same leverage as cover orders and bracket orders or is it a MIS type or CNC type. If I place a sell AMO at 8 in the morning say on RCOM for 25rs and if the market opens with a gap of 1 rs at 24 rs at 9.15 will I be getting a profit of 1rs and if I place a stop loss of 24.20 rs will this be executed and please do mention the margin, how can I calculate this on Zerodha margin calculator. Please do write an article on this thank you
This not only with few people it always happens with everyone, those try to place order but when ever u call zerodha for any technical issues they always had one answer send a email to support @zerodha.com now already stop to call them and stopped email them even after email they generates ticket and then keep waiting for u r train to come it’s really poor when it comes to zerodha support.
One more thing u will find info on what is pre market order. But I never see step by step information how to place a order in zerodha during 9 am to 9:08am. If u given that’s information step by step pls share.
Thx and regard
Please add Basket order to mobile kite please
Hi Nitin,
Suppose I have to sell shares of a particular company for intraday at the pre-opening session. Should I go to MIS order at preopening or wait for 9:06 and then sell my share 0.50/1 re less than pre indicative opening price.
what should be the best way if I want to sell at the opening price.
There is no guarantee of being able to sell at the open price. You can place an AMO market order that will be sent to the pre-open session. If the order isn’t filled, it’ll be carried into the regular market time (9.15) and converted to a market order.
i want to place amo .. to sell at a particular price but not high and to buy at a per-determined price but not low . how to do that with kite .. please guide
You can do this using the SL order type.
Dear Nithin sir,
Greetings!!
Can we place AMO order for options selling also? If yes then what is the timing for the same? Also can we place AMO order for Indraday options selling also? Thanks in anticipation.
I am using Zerodha and my trading style has changed, I am no longer trade during market hours and rely on AMO orders , But things are difficult with zerodha,
Zerodha should give AMO with bracket order and time to execute. AMO with bracket order should be sent to the market after pre-opening session so that exchange can accept it and people like us don’t have to wait for 9:15AM.
As I trade using demand and supply zones, so I don’t need to seat there for whole day, and sometimes, my trades are getting executed at 9:15AM, (most of my daily trades), so unable to get benefited from zerodha AMO & Bracket orders as such. Please allow bracket order in Zerodha.
Please refer tradingview features of AMO and Bracket orders, you can also introduce GTD setting to allow cancel our non executed trades. I usually plan my trade off hours and go to office. Currently using interactive broker they have feature but looking for indian broker. Make trading simple as tradingview.
Can I place AMO on existing position also.
My position is in a certain LTP but i want it to be sold as market open on some certain CMP. is it possible??
Yes.
Great work Kamath brothers and the entire Zerodha team!
Awesome Zerodha options! Indeed!
Hi, i bought equity shares from 3.40 pm to 3.50 pm post market, but next day morning those shares were not there in my account.
Clear this pl. Im completely new. Suppose i place order at Rs100 at 9.05 am. Will this price be valid for whole day ? Will i get that stock at Rs 100 even if the price has come down or gone up ? And when will i get a confirmation of th acceptance or rejection. Do i have to wait till end of daily transactions
Yeah the order will be valid till end of day. If you have placed it at 100, you will get it as soon as the price reaches 100.
Should I palce it as normal order or limit order to get the share at my desired price
Hello sir,
AMO is closed price of previous day or opening market price??????
Srikanth, the orders will be sent to the exchange at 9 AM and will be executed after the market opens if the price matches.
how to place the post market orders? i tried twice at 3:50pm…but both are cancelled…why? plz help….thnq
Srikanth, your order will be executed if there is a match, if not then all orders are cancelled at 4 PM.
22.6.17. Sir PL. Help.l want to sell MEL stock. (Meenakshi enterprises) which is trading at Lower Circut since 16/6/17, at pre opening session on 23/6 Today closing is 166.75 (10%) what type of order I should opt
1Mkt or limit & ,if limit then at what price- stateway less 10% of today close(166.75) eg 150.10.
In fact in all situation I have to exit this stock. As I have trapped by tips giving co.on 14.6.17@351/-
Regards
I am also facing the same issue, have you found solution ??
There’s not much that can be done in the case of these stocks except for placing orders each day until it is executed.
SL is very confusing for me. I am new to this. if I have 95 and I put stop lose of 10 then it should be 95 but your video says 105???? How is that even possible? it is going in reverse???
Not able to sell my shares…plz help
What is the error you’re seeing?
Hi
If suppose I buy 104.0. In market closed price is 95. Shall I use exit position with amo order fix the price is 90. My aim is market open is low my price is exeucute 90. In this scenario how is use amo order. Please clarify.
You can place an SL limit order at 90.
” The stop loss trigger price is beyond the allowed range of 1.9%. Try a price within the range. ‘ i am placing this order but i am getting this type of coommment pls explain how to find the range no. pls pls
I had placed an order on Saturday Apr 4, my name order has not been processed
Hi,
if i place pre open market order between 9 to 9:08 on prev close, After 9:15 when order confirmed will it place order on prev day close or current open market?
for example xxx trader prev close is 100 rs, nd market opens at 104 rs, if i place pre market order at 100(prev close) for buy order, what price it will consider?
After 09:15 am amo get preference or pre mkt order to get execute.
I have placed AMO yesterday for selling stock. Checked today for the status still today shares not sold (Note: Order placed in pennystock) even at 1 PM. Whether that will be sold at 3.30PM automatically or again i have to place AMO for next day. Please suggest
How does a Buy AMO order behave if we select SL or SLM option.
While placing AMO if we mention SL and mention trigger price – does it mean that a parallel SELL AMO order will be placed at the SL trigger price ?
Can i take option trade (Bank Nifty/Nifty) order with AMO market in Zerodha Kite.