Orders – Place, Modify, Cancel & View

October 25, 2012

Traders,

We have introduced newer platforms since this post was published. Check out this user manual for Kite and Kite explainer videos here.

We will cover everything to do with Orders in this section:

The order window on Zerodha Trader looks as below, you can use the shortcut key F1 to Buy and F2 to Sell:

In the above snapshot above you will see various boxes, let me explain the use of each of them:

1. Exchange Segment: This box will indicate which segment you are placing the orders. The various segments are NSE (NSE Equity), NFO (NSE Futures & Options), BSE (BSE Equity), BFO (BSE Futures & Options), MCX (Commodities) and CDS (NSE Currency Derivative Segment).

2. Order Type: Order can be a Limit order (where you specify the buy/sell price), Market order (where you buy/sell at market price), SL/SL-M (stop loss/stop loss market). The use of Stop Loss orders is explained here. The difference between SL and SL-M is that when the trigger price is hit, the stop loss order is sent as a limit order with limit price mentioned by you in the SL order, whereas in SL-M, the order is sent to the exchange as a Market order.

Because of illiquidity of stock option contracts, market orders have been disabled on stock options. Only limit orders are allowed. Place a limit buying order higher than the current price or selling order below the current price, this will act as good as market order but will also protect from any impact cost due to illiquidity.

3. PRO/CLI: PRO stands for Proprietary, CLI stands for client. All of you are trading as clients so the default will remain as CLI.

4. INST Name, Symbol, Type, Strike, Expiry: All of these are chosen by default when you click on a contract and ask to buy/sell. But if you want to change the contract/scrip, you can do it from here.

5. Basket Wave Line/ AUC No: Ignore this.

6. QTY: Buy/Sell order Quantity. By default it will show 1 for equity orders and 1 lot for F&O. To change the default quantity and any other attributes of the order, look at the image below:

7. Price: Mention the price if your order is limit order; if it is a market order this field cannot be entered.

8. Tr Price: Trigger price will be used for Stop Loss orders. The price at which you want the stop loss to be triggered.

9. Disc Quantity (Disclosed Quantity): This feature can be used only on Equities (Stocks only) and Commodities. If you are placing a big limit order and you don’t want the entire quantity to be disclosed fearing a non-execution of order you can choose Disclosed Quantity. For example, if you buy 2000 shares of Reliance at Rs 800 and you mention the disclosed quantity as 500, your order will show only 500 in the market depth window for everyone else, whereas actually it is 2000. This is useful only if you are trading bigger quantities.

10. Prod Type (Product Type): MIS ( Margin intraday square off), CNC (Cash n Carry) and NRML( Normal). The following details are important so ensure you remember the same:

While trading equity (Stocks on NSE/BSE)

Use MIS for Intraday Trading (9:00 AM to 3:20 PM): Around 3:20 PM, all MIS positions are auto squared off. Using MIS, you will get Intraday Leverage (between 3 to 10 times) based on what stock you are trading. If it’s a good stock you get more leverage, and if it’s not a good stock you get less or no leverage. To know how much leverage you get for trading Equities for Intraday click here.

Use CNC for delivery-based trading: When you buy using CNC, you will not get any leverage, but there won’t be any auto square off’s either. Once bought, the stock would be sent to your Demat account and if you sell using CNC, stocks will be debited from your Demat account. Note that you won’t be able to sell with product type CNC without holding the particular stock in your demat account.

You can convert MIS to CNC and vice versa, by visiting Admin positions (F11) or by visiting Trade book (F8). You will need 100% cash in your account to convert to CNC. To know how to convert your positions click here.

While trading Futures & Options( NSE/BSE)

Use MIS for Intraday trading (9:00 AM to 3:20 PM). Around 3:20 PM, all MIS positions are auto squared off. The benefit of using MIS for Futures & Options is that you get extra leverage (not for buying options). You will need only 40% of Exchange stipulated margin by using this product type. So for example, if Nifty futures overnight margin is Rs. 25,000, you will require only Rs 10,000 (40% of 25,000) if you use the product type as MIS.

If you don’t want any excess leverage, use the product type NRML and you would not have to worry about auto square offs.

You can convert your MIS position to NRML and vice versa by visiting Admin positions (F11) or by visiting trade book (F8). You will need stipulated NSE overnight margins to convert to NRML. To know more on position conversion, click here.

While trading Currency (CDS)

Only one product type NRML as we don’t offer any additional leverage than what is offered by the exchange.

While Trading Commodities (MCX)

Use MIS for Intraday trading (10:00 AM till 30 minutes before market close). At 30 minutes before market close, all MIS positions are auto squared off. The benefit of using MIS for Commodity Futures  is that you get extra leverage. You will need only 50% of overnight exchange stipulated margin by using this product type. So for example, if Crude futures overnight margin is Rs. 25,000, you will require only Rs 12,500 ( 50% of 25,000) if you use the product type as MIS.

If you don’t want any excess leverage, use the product type NRML and you would not have to worry about auto square offs.

You can convert MIS to NRML and vice versa by visiting Admin positions (F11) or by visiting Trade book (F8). You will need stipulated MCX overnight margins to convert to NRML. Click here to know how you can convert your position.

11. Validity: While trading on NSE/BSE you get only 2 options, Day orders (valid till end of day) or IOC – Immediate or Cancel (as the name suggests, the order if not executed immediately will get cancelled). By default day option will be selected. IOC will be a good option for people who place market orders of large quantity thereby increasing the Impact cost.

12. Client ID, Name, Participant, No of Days:  These will be selected by default and no change to be made on this. Validity date can be used only for GTD orders on MCX.

VIEW ORDERS / MODIFY ORDERS / CANCEL ORDERS (F3)

The Order Book is a very important tool on ZT. It helps you monitor/cancel/modify your orders. To access the order book use the short cut key F3 or go to the Orders and Trades Option on ZT and click on Order Book as shown below:

The Order Book opens as below, use the edges to increase/decrease the size. Use Ctrl+3 if you are not seeing both open/completed orders. Tick/untick the Display all Orders button and then click Display if you don’t see the orders. See the pic below:

The Order Book allows you to Filter your orders,modify/cancel any pending orders or cancel all your pending orders (in case you have more than one pending order). The below picture shows you how its done.

Some of the main reasons for your orders to be rejected are:

  • Invalid Product Type (using CNC for F&O, so on and so forth)
  • Insufficient funds (please note that when you place an order – even if it is not executed, the exchange blocks funds as long as it is open), so be sure to check for any Open orders in Order Book. The rejection reason is self explanatory, but give us a shout if you can’t figure out the rejection reason.
*IMP* Ensure that you use the same order type to enter and exit. So if you buy using MIS, sell using MIS and similarly for NRML & CNC.

Happy Trading,

India's largest broker trusted by 1.3+ crore investors.

Post a comment




961 comments
  1. shreya says:

    How to set a stop loss in basket order

  2. shreya says:

    I have placed a buy order in bank nifty option price and right after buying i have set a stop loss in now market goes up and i am in good profit now i want to exit the order manually but when i click on exit buttons it asks me to cancel my stop loss and then exit so how can i exit it without cancelling the stop loss

  3. Phani says:

    Hi, I have stock holding in my account. Due to GTT the stocks were sold out at some trigger price. I want to undo that transaction on the same day of sale. Is it possible? If yes, can I get those stocks with the price that I have purchased them earlier? Or the price will be the current LTP?

    • Shubham says:

      Hi Phani, once the order is executed it cannot be reversed. However, you can buy back the shares sold on smae day, it’ll be consodered as intraday trade. And since it is intraday trade, it won’t affect your average holdings price. Explained here.

  4. Abinaya says:

    I cancelled orders manually on Jan 27. The used margins for those cancelled orders are not credited back into my funds. Please help.

  5. Harshal Desai says:

    hello sir
    i want to change default qty and lot size in FNO segment from 1 lot in NIFTY that is 50 to 100 qty minimum how can i change that?

    • Shubham says:

      Hi Harshal, this is currently not possible. You will have to manually enter the quantity/lot size each time. Will take this as feedback. Thanks.

  6. Tejas says:

    Today I bought a share for 2000 rupees in CNC and I exited and sold the same share for 1985 rupees and again I bought the same share again for 1970 rupees but in the position it is still showing me that it was bought for 1985 rupees, why?

  7. kunal says:

    Hi,

    I want to sell my shares on zerodha kite. Please guide.

  8. Prashant says:

    pre-market orders are automatically converted into normal market sessions, or I just cancel the pre-market order and make fresh orders for a normal trading session from 9.15 ??

    • Shubham says:

      Hey Prashant, any orders that are not matched in the pre-market session will be carried forward to the normal market session. You don’t have to cancel and place the orders again. You can learn more on this here.

  9. Anantharam L says:

    I am looking for modifying an order already placed. Your user manual says we should press F3 but it did not work. Wish there will be visible link in the order menu for that.

  10. Ankit Jain says:

    Dear Zerodha Team,

    Can anyone help me understand how to place limit orders without getting my margins blocked until the order is triggered. For e.g. if a stock is trading at 100 and I want to buy at 98 so I place a Buy limit order at 98 but the margin gets blocked even if the order is not triggered. Due to the margin block, I am unable to place multiple orders as my new orders get rejected since all margins are used up for old orders even though the old orders are not executed/ Triggered. How can this be avoided so I can place multiple limit orders without worrying about my capital getting blocked and new orders getting rejected?

    Will be very grateful if someone can help me clarify my query.

  11. AJMAL ROSHAN says:

    Hi Team
    On 25 june 2021 I have bought 1 lot of 16000 ce @33.80.
    But I put the sale offer for 50
    It is showing order cancelled
    Pls reply me the reason

  12. Narendra says:

    While placing order on desktop version showing only intraday option for any share.

  13. ajay says:

    HI,
    i have sell adani power but it doesn’t show me the completed popoup instead it showed me placed and now when i see in my orders its showing open??????????????why its not showing completed.

  14. R Ravichandran says:

    Dear sir,

    In intraday is it possible to place SLM order along with GTT ( ie for s.l and Torget setting) order in single strock.

  15. pankaj says:

    after buying shares i want to place target order of buyed shares how to do ?

  16. Subhash says:

    I place the order in CNC where the order was not executed and I cancel the order in an hour. Rs 74 was deducted from the total. Could you suggest how can I find the reason behind

  17. Deepak says:

    Hi…..
    zerodha has a superb trading platform before it i using smc ,your brokerage charges are fabulous & your 60 days
    challenge is awesome .i ‘ve only one issue with zerodha that i mostly working in mcx & we don’t ‘ve any option of gtc
    bid at zerodha so kindly open the option because we don’t know what is happening after Indian markets close.

  18. Tushar says:

    Hi ,
    Can anybody let me know? Can we modify the stop loss after having a holding of stock. Please mind, I am not talking about orders, I am specifically asking for holdings.

  19. Chandrakala says:

    If i book order with 5000 Qty at Market Price, system divides multiple orders like (70 order), in this case Zerodha will calculate Brokerage for 70 orders or One order

  20. Madhumita Das says:

    In case my order hasn’t been placed yet after 9:15 AM ,can I modify my AMO order?

  21. Pankaj says:

    My query is
    1. As I was trading yesterday what I found is the order modification request per order is limited to 25 times which I feel is not correct because after that either you have to keep your order till it gets executed or cancel the order and put a new order.
    Now here my question is that in putting up a new order is fyn no problem but what if my previous order was executed partially in this case I have to pay brokerage and other taxes for both the orders am I correct ?

    2. My second question is this limit is being implemented on order modification is this because of current and will it be back kept to unlimited modification in near future or will it remain same as it is ?

  22. Mangs says:

    If the sell order is partially executed and still showing in open orders as per i created, but in holdings and position shows the partially executed order, then what to do

  23. Sarthak Laddha says:

    For intraday traders, kindly put an option “in MIS order” for Loss/trade, along with the stop loss level, so system will calculated the quantities automatically in order to keep the loss at the defined limit & there will be no need to define the units to purchase or sell.
    Sometimes market is so volatile, & we first need to calculate the quantities to buy, meanwhile market already moves.

    Quantities Formula =
    Defined Loss/(entry price – stoploss level) for Long Trades
    Defined Loss/(Stoploss level – entry price) for Short Trades.

  24. PRAKASH says:

    WHAT HAPPEN IF I COULD NOT SELL THE SHARES IN INTRADAY.

  25. GURURAJ WADKAR says:

    i placed order as CNC and Day, but i want to convert it for IOC (For long term). if i unable to convert it then what will happen? my order will end by the end of the day or else it will automatically converted into delivery? plz help me out

    • Matti says:

      If the order isn’t executed, it’ll be cancelled at the end of the day. All orders are cancelled at the end of the day. IOC (Immediate or Cancelled) orders are cancelled immediately if not executed as soon as they’re placed. Day orders are valid for the entire day.

  26. AMIYA RANJAN BEHERA says:

    sir, if I BUY a share of CRUDEOIL FO NRML type and order validity- DAY, can will it be carried forward upto the expiry of the FO.

  27. DJ says:

    i have a holding of SBI say 1000 shares and i want to sell it in cnc position at 320 which is the market price and square off once price goes down to 318. to protect my captial i also want to put a stop loss for the cnc order which in his case is 321. but i am getting an error – “Trigger price for stoploss sell orders should be lower than the last traded price (320). Try limit order to sell at a higher price.”

    The problem here is i cannot use a trigger price which is affecting my profit since i want to sell as soon as trigger is reached and give a range of price to which it is sold. in the above example. i want to give trigger price of 320.5 and selling proce of 321.

  28. Anurag Grover says:

    Do you allow MIS orders on Intraday on the expiry day?

    • Anurag Grover says:

      Do you allow MIS orders for Intraday trades on the expiry day on the Futures of the same series?

        • Anurag Grover says:

          Thank You.
          Do you also allow other type of orders like Cover order and Bracket Order for Intraday trades on the expiry day on the futures of the same series.
          My friend recollects reading somewhere that they are not allowed but I want to check.

          Thanks
          Anurag

          • Gaurav says:

            Anurag, BO/CO orders are blocked for delivery scrips on the expiry day.

            • Saurav Kedia says:

              understood for cash segment. What about BO/CO on the futures/options of the delivery scrips on expiry day? Does it also means the NIFTY and BANKNIFTY futures/options MIS/BO/CO can be freely traded? Why don’t you lay out the entire policy at one place.?

  29. AMIT says:

    how to post square off order in Future equity segment

  30. Sundaresam says:

    I was Planning to Short sell CUB Today..!

    I tried using CNC in Sell order. But Kite says Insufficient Holdings . Try BO/CO.. Can you please clarify

    I need CNC i don’t want MIS.. How to Sell the Stock Today Biy the same tomorrow.

    I know this is a basic question but actually i am getting Rejected in orders…

  31. Anurag says:

    Dear Sir,

    Can we place MIS order for Index/ Stock Futures on the monthly Expiry day?

    Thanks

  32. Shrikant says:

    HI SIR
    can you provide bracket order in commodity MCX in bullion , Crude oil etc…

    Thanks n regards
    SHRIKANT

  33. Yogesh Dave says:

    I was still login and filled details and when i was doing IPV then my network lost. So, again i have to payment after login.
    my transection Id: HDF50B6B2C453FD403187A1855DF8E6917F

  34. Bidyut says:

    Hi While going to select scrip in watch list.
    I am unable to see 25th July 2019 Bank Nifty options in the search type.
    Could please let me know why. I can see 18th July expiry, 1st Aug expiry but 25th july is missing.
    And it has happened many time with zerodha. In past also I was not able to see many expiry dates, like last time I wanted to add 11th July expiry that was also missing.
    Could please check and let me know if in case I m doing something wrong.
    As of today 17th July, I wanted to add 25th July expiry in my watch list but the options are not available in search list. It is same with Nifty also.

    • Matti says:

      25th July is the monthly expiry, so you’ll see a scrip without any date, just the month. BANKNIFTY JUL 23000 CE, for example.

  35. Latish says:

    Hi Nitin,

    If I buy shares for intraday suppose at price 100 (quantity 100) with a stoploss at 95.Then price reaches at 110,i want sell half the quantity,which type of order should i place.

  36. Ravinder Singh Rajpurohit says:

    Bought 4 lead futers May 2019 expiry.
    Now cannot trade as May is not tradable. What shall I do now. HOW TO SELL THE 4 LEAD POSITION.

  37. A. Vatsal says:

    Please clear my following doubts. I would be obliged if you could explain them in detail as I need them urgently for a project.

    1. Can a Stoploss order be explicitly modified to a Regular (Non-Stoploss) order? If yes, how?
    2. Can a Regular (Non-Stoploss) order be explicitly modified to a Stoploss order? If yes, how?
    3. What happens to a Stoploss order, once it’s triggered? Does it retain any memory of previously being a Stoploss order after being triggered?
    4. Can a Stoploss order be cancelled after being triggered? If yes, how?
    5. Can a Stoploss order be modified (price, quantity etc.) after being triggered?
    6. Can a Stoploss order be an IOC order? If yes, how is it handled?
    7. Can an IOC order be cancelled or modified? If yes, how?
    8. How can a market order be cancelled or modified since it is immediately filled once it is entered?
    9. What happens to a market order if it can’t be filled completely?
    10. If a Stoploss order’s trigger is modified, can it be immediately triggered (at the current Last Traded Price)? If yes, won’t it create a chaos?

  38. Vatandeep says:

    Hi Nithin
    Suppose I ‘ve purchased stockat 100 in bo and put stoploss at 98. If price goes up say to 106, can I modify my stoploss to above my buy price say 103.

  39. Sunil says:

    Hi, I bought one of the stock with Call Options CE, I can hold it until expiry or i have to sell the next day? please clarify.

  40. A. Vatsal says:

    All these questions are w.r.t. the NSE.
    1. Can a stop-loss order be modified to a non stop-loss order and vice-versa?
    2. Can an IOC order be modified to a Day order and vice-versa?
    3. Can an IOC order be modified (e.g. price, quantity etc.)?
    4. How long does an IOC order stay valid?
    5. If two entry orders have the same order no. , what does that mean?
    6. Can a stop-loss order be cancelled or modified after being triggered? If yes, how?

    • Matti says:

      1. Yes, you can.
      2. No, since an IOC is either filled or cancelled immediately, you can’t modify.
      3. Same as 2.
      4. IOC is filled immediately or cancelled. The fill could be complete or partial.
      5. 2 orders cannot have the same order number. The order number is a unique identifier.
      6. No.

      • A. Vatsal says:

        Thank you for your response.
        But I obtained the market data from NSE (for one day) in which I observed that multiple entry orders indeed had the same order number. What could that possibly mean?
        Moreover, does an IOC order stay valid for atleast a few jiffies or will it be cancelled at that very instant if not filled?

        • Matti says:

          It’s possible you see multiple rows in a trade book if one order is executed in multiple trades. You’ll see the same order number against all these trades. For example, if an order to buy 1000 shares of A is executed as 4 fills of 200, 250, 250 and 300 each, then the order number against all 4 of these trades would be the same.
          The IOC order is filled or cancelled immediately. The latency for this depends on the exchange machines. Can’t really be quantified.

  41. Vikas says:

    Is there any brokerage charges apply when we cancel or modified order in Intraday Trading.

  42. MAHESH says:

    Popup options are not appearing properly, for example if I want to modify or cancel the open order in Order Screen, after clicking on blue … on a particular order then order modification related options not showing instead it showing info, chart….

    Please find the attached screen which I have faced this issue couple of times, it is leading me to a loss because not able to modify the order on time.

    Please let me know how to share you the screenshot of the problem as well.

  43. MAHESH says:

    Popup options are not appearing properly, for example if I want to modify or cancel the open order in Order Screen, after clicking on … order modification related options not showing instead it showing info, chart….

    Please find the attached screen which I have faced this issue couple of times, it is leading me to a loss because not able to modify the order on time.

  44. SAJIN K SIVADAS says:

    I bought a stock at 400.my target price is 410 and stop-loss is 390.how will I give order?can I give two conditions in a single window?

  45. Keshav says:

    if i placed an order and cancelled it, will i get charged for that?

  46. G vijay kumar says:

    Im getting this error reason below while try to trade in option

    RMS:Rule:Option strike price based on Ltp percentage for buy orders for entity account – PI6469 across exchange across segment across product.

  47. Ravi Kant Chauhan says:

    Yester i Bought some shares in cnc/ioc of price lubsum 2000 but today i have no shares in my account where it goes

  48. Critic says:

    When will Zerodha come up with “Good Till cancelled” orders. Its been long Overdue.
    Today’s Crash (11/09/2018) could have been managed if the GTC facility was available with Zerodha. could have placed the market order on GTC.
    This is especially true for working persons like me who don’t sit in front of the computer screen all day long.
    Sentinel alert is not an option , if you know what i mean?
    Cant understand why Zerodha is not bothered about getting the GTC functional on Kite and PI.
    If Sentinel alerts are possible, then GTC should also be possible…. or am i completely out of context and theory?

  49. Critic says:

    When will Zerodha come up with “Good Till cancelled” orders. Its been long Overdue.
    Today’s Crash (11/09/2018) could have been managed if the GTC facility was available with Zerodha. could have placed the market order on GTC.
    This is especially true for working persons like me who don’t sit in front of the computer screen all day long.
    Sentinel alert is not an option , if you know what i mean?
    Cant understand why Zerodha is not bothered about getting the GTC functional on Kite and PI.
    If Sentinel alerts are possible, then GTC should also be possible…. or am i completely out of content and theory?

  50. Aakash says:

    Hi,
    i want to know will my orders that i have placed already will execute at trigger price, Even though i’m logout?

  51. A.K. Aggarwal says:

    Hi

    Today I had applied for an Bank Nifty 28400 Call Buy order (Market order) … Its rejected
    so I applied for Bank Nifty 28200 Call Buy order (Market Order)… its also rejected
    Bank Nifty was around 28050 that time

    Called the customer care, they are saying you have set the limit of 100 points from the Spot Price for expiry day trade for all fresh buy and fresh sell positions. First of all there is no information/ Notification to customers how come they will come to know, they have lots of things in mind and they plan accordingly but cant work as you have sets the new rules.

    That way its very difficult the work, earlier you had set the limit of 250-200 point now its 100 points. In near future will you ban trading on expiry day. Is this rule by NSE or its your own rule and its with all the Trading Platform or only in Zerodha.

    Reagrds

    A.K. Aggarwal

    • Matti says:

      The permitted range is always available here. You can check this page in order to know what strikes are allowed. This is done because the exchanges stipulate that no one broker can have more than 15% of the market wide open interest in any contract. As such, we had to impose these limitations.

  52. sanjiv choudhary says:

    problem facing at the time of order when trying to buying high price of day when buying the cmp price on higher than
    ex. cmp 970 and day high is 978 when i trying to place 978.5 order on BO ant limit order so automatically buying
    done on cmp 970 and same happen in sell day low ,
    so kindly solve the major issue

  53. sanjiv choudhary says:

    problem facing at the time of order when trying to buying high price of day when buying the cmp price on higher than
    ex. cmp 970 and day high is 978 when i trying to place 978.5 order on BO ant limit order so automatically buying
    done on cmp 970 and same happen in sell day low ,
    so kindly solve the major issue

    9822539218

  54. vinay says:

    Hi i am getting below error please check

    RMS:Rule: Option Strike price based on Ltp percentage for entity account-FV8152 across exchange across segment across product

  55. Kaushal Siroya says:

    Is stock brought under CNC head also get mark to market or not.

  56. Sachin says:

    hi
    Can u send me the link to watch intraday trading for nifty future means buy and sell the order?or where to find such video?

  57. Jayachandran says:

    Hello team,
    I am a retied govt employees, recently opened account with Zerodha, and new to share market. Now, on the way to trade on CNC method (Swing trading).
    Then what are the precautionary measures to take while placing buy orders? How can I place target price, sell S L order in the case of Swing trading? Let me know the procedures at the earliest.

    • Matti says:

      You’ll have to place separate CNC buy/sell orders every day. The orders you place, if not completed, are cancelled at the end of the day.

  58. Sebastine says:

    1. It would be highly appreciated if we can set quantity and order type by default as in Pi. It will save a lot of time while placing orders. One can change default values by typing if needed.
    2. Buy /Sell extension is not working in GOOGLE FINANCE and YAHOO FINANCE although it is working in NSE site (all by Chrome). Please enable the extension in GOOGLE FINANCE AND YAHOO FINANCE as earlier done. (It seems these web pages have undergone some changes subsequent to your introducing the extension)

  59. Deepak says:

    Hello,
    Like to know does Trigger price works even when we place Normal order – or it is only in BO/CO order ?
    Appreciate your Reply.

  60. ramakrishna.hosmani says:

    Another question is why have DP charges , what does it mean ? I should be deducted with only the securities transaction tax

  61. ramakrishna.hosmani says:

    I have buyed shares at suppose 150 per share around 40 shares. Can i exit it with some trigger price like 170 and have the order validity for 1 week

    • Matti says:

      Not at the moment, no. All orders that aren’t completed are flushed out of the system by the exchange at the end of the day.

  62. BHARAT BHUSHAN CHAWLA says:

    HI, IF i sell an order of zinc at 209.40 – 209.60 and Target 208.40 and stoploss 210.60. how can i order place on kite app. What i will choose -MIS-Normal and MARKET-LIMIT -SL-SLM and Qty-Price-Trigger Price -Disclosed Qty and REGULAR -CO -AMO and Day or IOC.

    please tell me inj brief. i have already made a loss.

    thanks,

  63. Anirudh says:

    What is tha golden rule of buy/sell order placing ? Is there any minimum requirements for sell order? Why sell order getting cancelled ….its showing reject …what is RIMS: RULE

  64. vishal gupta says:

    Hi Guys,

    Is there any way of putting Stop Loss order which does not get cancelled at the end of the day?
    That is, I don’t have put Stop Loss order everyday; Rather the order is either executed or is cancelled by me (even if after months!). Various firms provide this feature including HDFC Sec.
    Do let me know if you are planning to introduce this.

    Thanks,
    Vishal

  65. dhawal says:

    with out sending POI to zerodha . can do intraday trading

  66. SOORAJ PATEL says:

    Is there any service charge/tax if we modify our trading order?

  67. HANZALA KHAN says:

    I am new on board. I was not aware about T”Day” and credit of shares into demat account. I simply researched stock and bought few shares that it will goes up next day so i used cnc option. However as shares take 3 days to get credited but i sold next day. I m little consfused why cant it be sold next day ? and why three days is required to get shares into demat account ? Please suggest me best videos or article for more clarifications of trading and delivery based trading.

    • Matti says:

      You can sell the shares on the next day, but if the person you bought from fails to deliver the shares to you on T+2, you will not be able to deliver the shares you sold. This would lead you to short deliver and will be liable for the short delivery penalty. More on this here.

  68. BR says:

    Hello Mr Nitin
    We have done a bracket order today with stop loss and target of 10 for nifty . In 1 minutes time the target was reached but the stop loss was triggered just 1 point below.
    We talked to your people and they kept blaming us. When we loose money we are loosing it correctly. But the moment we are earning something they are playing and doing something and then tell bracket order works only for target and not for stop loss. In fluctuation time according to its whim it will trigger. If that was the case why have all our other orders being correctly executed and the moment we make some flash money ur system does something else.
    Is it the start of your downfall or our mistake as your guys tell me. They told me u you were wrong so imput the order and again I made the 10 points and again they close 1 point below squared off. So tomorrow if I am trading for a huge amount someone would loose in many thousands cause of ur glitch. I have sent ur team the screen shots …this should be know to the public as it can be dangerous for some investors. Please tell us we were wrong and we put only – as a stop loss. I am a lil surprised scared and dissapointed to trade with ur platform after this.
    I was a big support of urs but things are changing now. Please ask ur team to sort things out immediately and prove us we were wrong …cause it’s our hard earned money at stake.
    Rgds

  69. Ramabhadran Ganesh says:

    Dear Nithin Sir,
    I am using Zerodha for trading purpose and today when I tried to place an order for 24400-Mar-8 expiry at 7 rs it got rejected. “RMS:Rule: Option Strike price based on Ltp percentage for entity account-RR2727 across exchange across segment across product “.
    I called the Cochin office and they told me to call Head office and HO will resolve the issue . Local officer gave the HO phone number 080-40402020 and I contacted them and they said that Zerodha has crossed the limits hence you need to buy 24300CE and at that time Banknifty was at 24280. I dont understand why Zerodha is not allowed to buy a CE which is just 120 points away from Spot price. I bought the same CE at 38 Rs and sold at 52 Rs. i got a Gross profit 37% instead of 642%. Zerodha is going back and I am planning to open another account with some other discount broker since this has been happening during many Thursday and I trade mainly on Thursday. I have reached a situation where Zerodha is not ready to address my concern.
    It is really pathetic that I cant buy 24400 CE and I am forced to buy 24300 CE.
    I was really proud of Zerodha since it is the one who showed others that brokerage can be 20 Rs and still make profit. But now I need to depend on other brokers also.
    I hope Zerodha does something to correct this ASAP.
    Yours Sincerely
    Ramabhadran Ganesh

  70. ravi says:

    why does a rejected order doesn’t show the price details.whats the harm in showing all the details .

    if i am able to buy with the required margin for MIS trade ,why do i need extra margin to sell the same stock.

  71. sudhir says:

    I have purchased a share at 55.7 CNC, i thought that i have made a mistake and purchased at a higher price, now while trying to sell the share with limit 55.7 the order is being rejected again and again, why? the market watch chart is showing share price as 55.7, i have put a limit to avoid downward fluctuation.

  72. B Navinchandra Mendon says:

    I purchased Bank Nifty PE 24900 at 137/- ( order status showing “filled” ) and put order for sell at 200/-. After some time I closed my PC and once again when I started my PC, Bank Nifty was at 180/-. I clicked the order book, to my surprise there is no order is showing, hence I was not able to modify the order.
    I checked trade book, it was showing status “filled”, and money was deducted from my account.
    I put new sell order for above at 177.70 and it got rejected saying that “RMS margin exceeds”
    Why my order is not reflected in order book, how I can sell the Bank Nifty.

  73. Darshit says:

    Today, I tried to buy BANKNIFTY18MAR27000CE, BANKNIFTY18MAR27500CE, at different-different prices (Higher & Lower price from Market Price)
    But the order got rejected every time for both with below message.
    Status: REJECTED
    Status Message: RMS:Rule: Option Strike price based on Ltp percentage for entity account-XXXXXX across exchange across segment across product

    Last week also i face the same problem for other BANKNIFTY CE option .

    Please let me know, why every time my order gets rejected? and How can I purchase it ?

  74. KARTHIK says:

    i buyed sawabusi shares ten days back as price is going down if buy and do avarage means i am unable to buy the shares in zerosdha why i am getting error message i dont understand please let me know if zerodha application is workin or what if iam going to sell error mess:
    STATUS MESSAGE
    rms:rule: check circuit limit including square off order exceeds for entity account-rk4746 across exchange across segment across product
    if buying error mess :
    STATUS MESSAGE
    rms:blocked for st b bse_cm block type: all

    • Matti says:

      Hey Karthik, the sell order was rejected because the stock is hitting circuits and so isn’t trading. The buy order was rejected because the stock is now in GSM and so blocked for buying by our RMS team. Read more about GSM here.

  75. Manoj says:

    Hi,

    Would like to know is option trading is different segment from future trading? In my profile NFO segment is enabled and I am doing trade in future but not able to trade in options. Already send mail to Zerodha support team no reply.
    Thanks
    Manoj

    • Matti says:

      No Manoj, there is no separate segment required to trade options. Your orders may be getting rejected because you’re placing market orders for stock options. Market orders are blocked on stock options as a market protection measure. Read more about it here.

  76. MD says:

    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.

  77. Mani says:

    Do you change to convert executed MIC order to CNC and vice versa?

  78. anshul says:

    For Bank Nifty Options If I place a Limit order for the maximum possible quantity (2480) in a single order and lets say only 1240 quantity got executed at the limit price I gave then will the order for remaining 1240 quantity will be automatically cancelled ? Would it depend on what I choose from Day / IOC ? Now this leads to my second question – should I choose Day or should I choose IOC while trading in options if I am trading in huge quantity

    • Matti says:

      The remaining quantity would only be cancelled if you use IOC Anshul. Which option you choose is up to you. If you want the full quantity to be traded, you’d use day, else IOC.

  79. Mukul says:

    I have some shares in Physical form. I want to convert these in Demate a/c. what should I do for Converting in demate in Zerodha a/c.

  80. Rahul says:

    In MCX if i buy any commodity in market order type, Can i place both stoploss and profit target at same time in MCX “Normal” type orders??

  81. Chandan Gujjarwar says:

    Hi,

    I have purchased two Different stocks, First one is BSE stock and another is NSE stock.
    But while selling the both stock i am getting cancelled order.

    For BSE it will take T2 days but for NSE why it’s getting cancelled.
    Please Help.

    • Matti says:

      Chandan, the settlement is T+2 for both the exchanges. However, if the shares are trading on EQ in NSE or the A category in BSE, then you can do BTST. If not, i.e., if the shares are trading in a T2T category, you’ll have to wait for delivery before selling.

  82. omprakash says:

    Hi,
    This is ompraksh, am a beginner i purchased Rcom stocks of around 35k in MIS and i waited till 3.28 pm to get nice price but after that i realised and when i try to sell the shares, the order has got rejected and showing a message (RMS:Auto square off), What does that mean and the available funds are around 20k only but margin available is 35k.when i try to withitdraw funds its not showing total amount its showing only 20k.Please help me on this, Thanq.

    • Matti says:

      Om, the MIS position can be squared off by you only till 3:20. After 3:20, we will square this off for you. As for the margin, only once the settlement is done (which happens on T+1) can you withdraw the funds. Till then, this margin is available for trading, but not withdrawable since we get money from the exchange only after settlement.

  83. Vatsal Solanki says:

    Hi support.

    After updating I facing issue with, Get Holdings, I am logged out of session and PI get closed automatically.

    • Matti says:

      That shouldn’t be happening. Can you please write to tsiva[at]zerodha.com so someone can get in touch and check this out?

  84. Bharath says:

    Sir, Is your ‘q’ called as de mat account? If so why there is no convenient app for that?
    Please explain how to sell a stock.
    I have a stock with symbol T1 after the second day of purchase. It is not listed under holdings in my trading account.
    Now I wish to sell that one please help.

    • Matti says:

      Hey Bharat, Q is the backoffice where you can see all the transactions on your account. To sell stocks, you can do so from Kite. If you see the stocks in T1, this means your purchase order has gone through, but the stocks haven’t been delivered to you yet. Delivery takes 2 working days.

  85. Sampat kumar says:

    How much you charge for cancelling (unexecuted) intraday orders?? Because I had Rs 7480, but it was showing Rs 7113, and let me tell you I have cancelled 3 intraday orders on (14/12/17). I am repeating this query for the third time because you were not replying. Sorry.

  86. Ram NARAYAN says:

    Sir
    I have two queries on charges.
    1. Is Zerodha charges brokerage on Cancelled orders?
    2. Is Zerodha chareges brokerage on rejected orders?
    Because in charges list it is mentioned as charges per executed order

  87. Mayawati says:

    I am getting this error repeatedly
    “rms:rule: option strike price based on ltp percentage for entity account-zq3504 across exchange across segment across product”

    I have been trying to buy a Banknifty PE and it is giving me rejected message whatever price I put. Even when I put the bid at the current price still it is rejected.
    Could you please explain that why is there an issue with trade performed on the last day of expiry.

    Thanks,
    Mayawati

    • Matti says:

      Hey. Due to an exchange regulation that limits the OI per broker, not all strikes are allowed. If your order is rejected, please try a strike closer to the spot price.

  88. kunal says:

    Does all limit orders get auto canceled at the end of the day? I have shares in my account and placed limit order with CNC for them, but it didnt hit that limit so now its in pending order status and not executed. Is it going to remain there and gets activated tomorrow with same order? Or will it get auto canceled today eod? I am not able to cancel the order manually now as its past market time.

    • Matti says:

      That’s right Kunal. All pending orders at the end of the day are cancelled.

      • Sampat kumar says:

        How much you charge for cancelling (unexecuted) intraday orders?? Because I had Rs 7480, now it’s showing Rs 7113, and let me tell you I have cancelled 3 intraday orders that day.

  89. Sampat kumar says:

    How much you charge for cancelling (unexecuted) intraday orders?? Because I had Rs 7480, now it’s showing Rs 7113, and let me tell you I have cancelled 3 intraday orders today.

  90. pooja says:

    i have bought 100 shares of vikas ecotech today as CNC and tried to convert them in MIS but got an error like RMS: Blocked for nse vikaseco for typr all … and the same i followed for other shares and was able to convert them from CNC to MIS ..then why not with the VIKAS ECOTECH …

  91. Krishna says:

    I placed Market order and got the same error “Option Strike price based on Ltp percentage for entity account- yt6032 across exchange across segment across product “. can you please explain on this?

    • Matti says:

      The exchange has a limit of 15% of the market wide OI per broker for any options. Hence, the strikes allowed to trade are restricted. If your order is rejected, try a strike price closer to the spot.

  92. Rajesh says:

    How to buy in f & o if I know stock is going fall

  93. SUBHOPRIYA GUPTA says:

    I tried to exit by selling off 20 stocks of ONGC. But got rejected.
    STATUS: REJECTED
    STATUS MESSAGE: adapter is not ready

    Please let me know the reason

  94. Ranjan Jain says:

    Hi,

    Suppose I have placed a buy order (CNC) of a share for Rs. 400 per share and it is executed successfully. It is a stop loss order and the trigger price is lets assume Rs. 350 per share. What will happen in each of these 2 scenarios:

    Scenario 1: Stop loss hits on same day
    Scenario 2: Stop loss hits after 1 month

    Thanks..

    • Matti says:

      Hey Ranjan, not sure what your question is here. If your SL is triggered the same day, your trade will be considered intraday, a month later, it would be considered a delivery trade, however, you’ll have to place a fresh SL order every day since all pending orders are cancelled at the end of the day.

  95. Phani says:

    Hi,

    Can i buy a CE or PE option as NRML order and sell on the same day if I get the desired price ? Or is it mandatory to hold the position overnight to the next day ?

  96. Phani says:

    Hi,

    Can i buy a CE option as NRML order and sell on the same day if I get the desired price ? Or is it mandatory to hold the position overnight to the next day ?

  97. Abdul says:

    Hi,

    I had placed an AMO order for 10,000 shares. But when I checked at 5 PM next day I see that my order was cancelled.

    But I see that my margin was used for about 4.5k shares, and those many shares are in my positions section.

    Does that mean that my order was partially executed?

    Thank you,
    Abdul

  98. Antariksh Srivastava says:

    Does Cover order for Commodity MIS INTRADAY, gets auto squared off at 3:20?

  99. Nabendu says:

    Now GTC order is available? Still waiting, after shifting from icici to zerodha for 2 years, I am waiting for GTC order on kite. Please give it priority.

    • Zerodha Social says:

      Nabendu, on our list of things to do but will take some time.

      • Nabendu says:

        This is bad from 2014 people are requesting for GTC, I am missing it too but don’t understand why its taking so much time, instead of concentrating on chrome extension etc please fix these issues first.

  100. Vinay says:

    i want to convert intraday to CIC, how can i do it on kite.

  101. Abdul says:

    Hi,
    Is there any charges for converting Stock Option-MIS position to Normal? I bought Airtel CE option when I received a flash message that intraday will be squared off by 3Pm then I changed my position to Normal. Later on Airtel CE option-MIS showing -850(negative) in the day’s history, why?

    Thanks,

  102. jayu says:

    rms:first leg of cover order already got rejected

    how to solve above problem?

  103. m. srinivasa rao says:

    I have recently switched over to Zerodha from ICICIDIRECT. As a trial, I have purchased two scrip of equity shares on delivery basis to the amount deposited in advance. I am using Kite and the equity shares purchased on 10th October are shown as HOLDINGS and settlement date as per contract received is 10/10/27 (date on which I purchased). Generally settlement date of the equity shares purchased on delivery basis takes about 3 to 4 days. So I have a doubt regarding this Where did I go wrong and what should I do for selling the same when the price goes up. Further I wish to know where can I find my ordered equity shares after settlement date. Kindly clarify my doubt. Also let me know whether it is essential to download Pi, and Q .
    Thanks

    • Zerodha Social says:

      The contract not just shows the date on which the transaction was made. The settlement cycle in India is T+2 days, meaning if you buy a stock on Monday the shares will hit your demat on Wednesday. This post gives you a brief about the settlement of equities.
      All the shares you purchase will be visible under Kite holdings. Unless a stock is in trade to trade category, meaning cumpulsory delivery stock, you can buy it today and sell it the same day or the next day.

      Pi is our desktop trading platform. You can check out both and Kite and Pi and use the one you like better. Q is your backoffice utility it is not downloadable but you can access it directly from Kite. For more, you can check out the Kite user manual.

  104. pritish says:

    i’ve added funds to my account yesterday night around 1’o clock , it was showing correct amount in payin and also margin available . but when i checked today morning there are no funds available in my account . in kite it is showing amount available is ” 0 ” .
    thanks.

  105. Akash says:

    I have been trying to sell shares of one company at MKT order but it is automatically getting under LIMIT order each time i am selling it…i have tried modifying it but it is still under LIMIT order..please explain

  106. NIKHIL KHANNA says:

    Dear Team,
    Pls clarify for future trading queries

    Scenario 1. Reliance Capital future =589 with expiry 26.10.2017 and Reliance Capital Equity =586, Now assume @ 10.00 am i shorted future for intraday Rs= 589 with expectation price will go down to 584. But my beyond my expectation price goes upto rs=592. Then in this case can i convert MIS order into Normal order before market close by end of day and any kind of charges would be levy?

    Scenario 2.Reliance Capital future =589 with expiry 26.10.2017 and Reliance Capital Equity =586, now assume i place NRML order @ LTP=589 .
    Then after 3-4 days price goes upto 595,in this case can i square off my position with profit or not?
    Now some queries of stocks.
    Scenario 3. Suppose reliance cap=589, i bought reliance cap for intraday , but share price went in reverse direction, then in this case can i convert my order from intraday to CNC?
    Also one more thing if next day price goes upto 595, on same day can i square off?

    • NIKHIL KHANNA says:

      Dear Team,
      Suppose i bought stock for Intraday, but price fall by end of day and i converted the trade to CNC.

      According to you there is no conversion charges but STT will be levy 10 times, am i correct?

    • 1. Yes you can convert, you just need to have the NRML/overnight margin money. No charges for conversion.
      2. If you shorted at 589 and market moves up, you make a loss and not profit.
      3. Yes you can convert to CNC by putting up full money. Yes you can square off same day if you wish even after buying as CNC.

      • NIKHIL KHANNA says:

        Thanks to your reply , Pls clear some doubt in trailing
        Scenario 1, As you said ,there is no conversion charges and what would be STT charges same or higher ?

        Scenario 3 . Suppose Relaince Cap =589 on T day or Monday and bought for intraday but price went down then i converted into CNC without paying any conversion charges and along with paying 10 times higher Security transaction Tax.
        Query 1. Now on tuesday or T+1 day price increased and sell off, in this case again ,do i need to pay higher security transaction tax?
        Query 2. Now on Wednesday or t+2 , i did not get delivery of shares but i had obligation to must had share on t+3 or thursday to deliver share whom i sold off, in this case who will defaulter either whom i had to take delivery or me or both?
        Query 3. Now on Wednesday or t+2 . i got delivery , in this case no issue of short delivery or defaulter or any higher charges would arise?

        Pls let me know if there is any F & Q link to understand everything?

        • Matti says:

          Hey Nikhil.

          1. STT for futures is paid only on the sell side, so no STT until you square off the trade.
          2. BTST trades would result in you taking delivery of the stock and then selling, so you’d be paying higher STT.
          If you don’t get delivery of shares but have an obligation to sell, then you are taken to auction and would have to pay the applicable penalties. If you get delivery normally on T+2 and give delivery on T+3, then you’d pay no penalties, but the STT would still be 0.1%.

          You can check out the consequences of short delivery here: https://zerodha.com/z-connect/queries/stock-and-fo-queries/consequences-of-short-delivery-nse-bse

  107. Nagaraj M S says:

    Hi,

    This is Nagaraj I’m new to market, i want to start trading but thing is that before opening account with ZT the Guy is told that we will assist you regarding using the ZT platform and and etc…. after opening A/c with Zerodha the guy is not at responding and i’m also trying to call him but he is not responding my call some times he will tell that i’m on leave or in native… what should i do now..?

    Regards,
    Nagaraj M S

  108. Shrey Gupta says:

    Getting the below error.

    rms:blocked for bl nse_cm broker- zerodha block type: all

    This is for the stock National Aluminium. Also, since today morning, the instrument name is showing as NATIONALUM-BL.

    Kindly help.

  109. Kaushal Singh says:

    Hi,
    In Equity delivery, Is it possible to put stoploss and Sell order on the same day.

  110. Rahul says:

    Sir,
    I want to trade EQUITY DELIVERY ( CNC ) type, In particular stock can i place both limit buy (long) and limit sell at same time on After market order ( AMO type) ?
    Please reply

    Regards

  111. Saurav kumar says:

    Hi Nithin,
    Can i modify pending order in non trading hours i.e. after 3:30 p.m.

  112. Suresh says:

    I’m a beginner please take time to resolve my query. Consider I’ve bought Zinc Mega for a price of 200 and also set a stop loss of 198.50 what should I exactly do after my Zinc achieved the target I expected. Should I click “exit order” and sell the order if it so can I set the target same way in the beginning when I bought the order as a target. Or is there any other way for me to set the target and stop loss at once as bracket order which Is not available for MCX.

    Please help me regarding this.

  113. Rajendra says:

    Hi Team,

    I have bought same company share at different rate. Is it possible to sell the share at different rates.
    Currently the share is showing an average price in a single row in zerodha kite and i cant see the separate statistics as i bought the share at different day and with different price.

    Example:
    I bought SBI on 10th Aug for Rs 100/share @100shares
    then I bought SBI on 25th Aug for Rs 90/share @100share

    Now when i go to zerodha kite it shows me a single line with average price of both the order

    avg price 95/share @200 share

    SBI share price on 28th Aug is 105 and now I want to sell the shared that i bought on 10th Aug
    But I am not seeing any option to do this.
    Please guide me on how to do it is it possible?

    • When you buy shares, they all group as one. For taxation, you always follow first in first out. You don’t get an option to decide which one you want to sell, what is bought first is always considered to be sold first.

  114. Dhaval S Valia says:

    Hi
    Tried placing order for Nelco multiple times in pre-opening and post-opening but all were rejected. the message displayed is rms:blocked for nse_cm nelco-eq bo block type: all.

    Please explain the reason for rejection.

    regards

  115. ravinder arora says:

    Sir, My id is ZL7206. I purchased autoline industries share 2 days ago on kite platform. But since yesterday kite is not updating the price of the share from 74.1. It seems like it has hanged. Also, I am unable to sell this share. It is showing”16387 : security is not allowed to trade in this market”. Please look into the matter…

    • Venu says:

      You’re placing orders for AutoInd under segment ‘Eq’, the stock is currently trading in the BE Segment. Add AutoInd-BE to the marketwatch and then place your order.

  116. ZH5714 says:

    Sir, i have tried to place orders in F&O and none of the orders get executed. When i have informed your support team, they have given me Ticket. But its been more than 4 days after submitting the wanted scanned copies for make you to enable F&O. No important action has been taken on this issue although there is a chance of enabling with in 24 hours. I am aware of issue with floods that your team may be little bit in a mood of adjusting the systems. But please respond by allowing me to place F&O orders.

  117. Hitesh says:

    Sir in NRML Order what is the validity? means how many maximum days i can hold that position in Commodity

    • Akshay.A says:

      NRML or Normal if trading any commodity futures for overnight. You can hold these positions until expiry, provided required margins maintained.

  118. O P Sharma says:

    Please elaborate reason of rejection
    rms:rule: option strike price based on ltp percentage for entity account-zw5638 across exchange across segment across product

  119. santosh says:

    rms:blocked for optstk mkt nse_fo broker- zerodha remarks: option stock market orders are not allowed block type: all

    I am trying to exit from a position and getting this error.

    • Santosh in stock options market orders are disabled due to less liquidity on most contracts. You can place a limit order at a price higher than current price, it becomes like market.

  120. sridhar says:

    hi i am trying to bye or sell..but it is comming that..admin stopped amo..pl help

  121. Rohan Karan says:

    How can I place a bid to buy a stock above some trigger price.
    For Ex- DLF current price is 155 and I want to buy if the price goes above 160, so i want to place a bid for Rs 160.10.
    How can I place such bid, please let me know. The order should execute only if the price touch Rs 160.10.

    Thanks
    Rohan

  122. vibhor says:

    What’s the difference between CNC and NRML order for EQ instrument?

  123. satvir says:

    Hello
    I had place CNC order specifying the price around the time of 3.20 pm. At around 3.31 my order was completed at market price which was higher than the price specified by me. Why? Why was it not cancelled? Please explain

  124. Jay says:

    Please help me
    I’m getting this msg

    Rms rule option strike price based on ltp percentage for entity account xxxxxx across exchange across segment across product

    • Can you email [email protected] with your client ID?

      • deepak rao says:

        For bank nifty even if I try to short 200 points far away strike I am getting the following error: RMS:Rule: Option Strike price based on Ltp percentage for entity account-RD1912 across exchange across segment across product.

        This is really annoying. Can you do something & fix this issue. This happens all the time for Bank Nifty & due to this we are unable to select the strike price that we want trade on.

        • deepak says:

          For bank nifty even if I try to short 200 points far away strike I am getting the following error: RMS:Rule: Option Strike price based on Ltp percentage for entity account-XXXXX across exchange across segment across product.

          This is really annoying. Can you do something & fix this issue. This happens all the time for Bank Nifty & due to this we are unable to select the strike price that we want trade on.

  125. RAJIB DAS says:

    Do I have to pay the charges for Cancelled and Rejected orders ????

  126. Chandan says:

    Sir I bought some shares on Tuesday MIS,
    Trend was bearish so I stopped watching market assuming will b autosold @wtever price.
    But when I came back at 1630 hrs I checked it was still showing in my positions.
    I got text msg to sell my shares by own or they will sell it.( As I don’t hv this much funds to get their delivery). Next day as immediately as market opened I sold them all.
    NOW MY MAIN CONCERN is that ,
    When my blocked funds will be credited back to my account ..??
    And if u please explain the process. Thank you!

  127. binny says:

    I already have 1000 shares of ABCD company bought in CNC mode, without selling this ABCD company shares.
    I want to buy 500 more share of ABCD company(now total became 1500) on other days using CNC option and sell 500 shares on same day.

    In this screnario, will this be considered as intraday for those 500 shares? because I already have 1000 shares of that particular company on hold?
    will be there be any additional charges.

  128. Sam says:

    Hi ,
    One more doubt , In equities how does disclose quantity order is executed, Let say I have 500 ONGC shares to sell
    but i disclose only 100 , So just 1 order of 100 ongc sell is sent to exchange ?
    And remaining 400 are sent as second order after first order gets executed ? or remaining 400 are split in 4
    different orders and sent to exchange one after another ?

  129. Sam says:

    Hi ,
    In Kite F&O orders can you introduce disclosed quantity feature just like equities orders ?
    For e.g I have 4 lots of Tatamotors to sell but I just wan’t to disclose 2 lots
    (In F&O the minimum disclose quantity would be 1 lot size)

    Thanks

  130. VIJAY says:

    1.HOW CAN I EXECUTE BUY LIMIT ORDER ABOVE THE CMP
    2.CAN I PLACE BUY BRACKET ORDER ABOVE THE CMP

  131. ZT2627 says:

    Sir,
    when i placed cover order @4.45 pm IST with my recently opened commodity trading account, it is showing the message “first leg of order already rejected”, without accepting the order. Please provide me your assistance for the same.

    • ZT2627 says:

      Sir,
      When i placed BUY Cover Order with my recently opened commodity trading account, it was showing the message “first leg of order already rejected”, without accepting the order. I have calculated on Cover Order Leverage calculator about the margin requirements in which i need only Rs.4193 to lace the order. My account value is Rs.5000 and i have placed an order of 100 quantity of Crude Oil Futures trading@2995 (value of 299500). Please provide me your assistance for the same.

  132. uday says:

    How can I buy and sell on same day using CNC in https://kite.zerodha.com/.

    Please explain below scenarios
    I bought 10,000 shares of ABCD company and now it is at low price. so I want to KEEP them as it is bcos of its low price.

    Now my requirement is to do intraday for that particular ABCD company using only CNC option, if I feel good to sell on same day then I sell it orelse, I will wait for T+2 day to sell that ABCD company stocks.

    1. If I BUY that particular ABCD company stocks using CNC in https://kite.zerodha.com/., they are going into’ positions’ . how can I sell them on sameday?

    2. what happens if I sell 100 stocks on same day using CNC, only 30 bought by others then what all charges will be applicable. will it be Delivery charges/Intraday charges for those 30 stocks.

  133. Girish athalye says:

    Please answer my above query
    My ID is ZR 9446 dated 1 July

  134. Priyadharshini says:

    While placing a buy order, it says “nse exchange not enabled for the account”. What does it mean ?
    How it ll be enabled ?

  135. sandeep patkar says:

    Dear Sir,

    Today i tried to purchase banknifty 22900 PE option through NRMS and MIS but every time it gives following error. rms:rule: option strike price based on ltp percentage for entity account : but when i searched for the error this one is related to exchange order regarding execution range as mentioned. But when i tried same from ICICI direct i managed to buy same put option with same price. Can you please explain what is the issue with zerodha that my orders didnt get executed.

  136. Ajit says:

    Suppose today i put request for order for call of Nifty (NFO) for 1 lot as NRML without giving any SL/SL-M. Now next day if market is in my favor and want to sell the above order then do i need to place separate order or just modify earlier order?

  137. kedar says:

    does zerodha charge for cancelled orders?

  138. Arnab Ghosh says:

    Hi,
    I had placed an order of 30 shares at 149.30, MIS but later cancelled it.
    The cancellation was executed.

    I logged out of the system for sometime,
    Later, after an hour when I logged in, I checked my margin is used up.
    I saw that I have a position on 16 shares at 149.30,

    How is this possible if I have cancelled the order?

  139. ZE5172 says:

    hi sir, if i have ordered few shares in bracket order then if there is bearish trend and i was going long can i convert it into cnc or if not cnc can i convert it into nornal then cnc , if possible what will be the charges

  140. Mehamood lal says:

    Hi
    I tried to place a buy order using limit with price above current price but it got rejected .. please help

    rms:rule: option strike price based on ltp percentage for entity account-rm6272 across exchange across segment across product

    • There is an execution price range on options, so if you place a limit above that, it gets rejected. Check this.

      • Mehamood lal says:

        Ok, tanks for the repley
        I have a another doubt,regarding BO order
        When Bo order is placed, two order can be seen in pending one for SL and other for Trg . I use to modify SL order for trailing ,but when I modify Trg order the trade gets squared off . This happens for me twice when I short trade. Is it like that or is there anything I can do to modify Trg order??

      • Raj Kumar says:

        I placed Market order and got the same error “Option Strike price based on Ltp percentage for entity account-PR4748 across exchange across segment across product “. can you please explain on this?

  141. Avinash says:

    Hi,
    Any option to place stop loss for CNC(delivery) type of order and holding more than 2 days?
    where in the stop loss validity should be valid until the respective order is in position.

    Please help on this

  142. Rohit Jain says:

    Hi Team,
    If i buy silvermic today at 39900 and want to sell after 40500. Meanwhile at about 40100 i want to give diff sell order and dont want first buy order to get square off.How we can do it??

    • hmm… the only real way is to short it using a different product type. So for example, you are long using NRML at 39900, you can sell using MIS/CO (intraday only) at 40100. But there is no real point holding a long and short at same time.

  143. Remya Sathyan says:

    hi sir,
    yesterday i got one message from csdl saying my account is credited with 700 sintex plastics but why its not showing in my demat.

  144. harmanpreet says:

    How many charge on order cancellation and modify?

  145. Kedhar says:

    When I buy from “KESARENT”, it goes to open orders directly. why ?

  146. Nishanth says:

    Hello. In Derivative options I made some trades using NRML and not MIS. As I have done in NRML I can continue to trade tomorrow from what I have purchased today. Am I right? If not please correct me. I get a message as F/O obligation amount debited. What is that?

    • Yes once bought in NRML, you can either exit the same day or exit whenever you want until expiry. F/O obligation is essentially the money blocked in your account every day you hold position. This includes margins + P&L for the day.

  147. Sameer says:

    Hi,
    Suppose I placed a limit order using Kite. Now I want to modify the order to market order. But when I am in the process of modifying it using Kite interface, if the limit value reached and the order executed, then what will happen when I finish modification. Will it place new market order or will it give error?
    Thanks

  148. Rahul says:

    Hi Zerodha,
    When I choose CNC, should I opt for market order or limit order? And, is stop loss applicable only for MIS?

  149. Chandrasekaran says:

    Hi Nithin,

    This regarding call option . Suppose I want to buy call option of Axis where the LTP is Rs 6.10, at what price I have to mention in the limit order to be placed ? When squaring off the order the LTP is Rs 8 , what price to be mentioned in the limit order for sale ?

    • Akshay.A says:

      Hi Charasekaran,
      You’ll have to check the market depth. the CMP (Current Market Price) need not also match the LTP (Last Traded Price)

  150. Rahul says:

    Can I place target and slm order for CNC order after buying??? Can I do it in equity (CNC) and futures (NRML) market after buying or selling ?

    • Akshay.A says:

      Rahul,
      A target order for a CNC position is always a Sell order/Exit order.If you want to take a Buy position say at 1200, then it is a Buy order/Entry order.
      You can Buy a stock above market price. For this, you will have to make use of a Buy SL-M order.
      A Buy SL-M order consists of a trigger price. You will have to enter your Buy price of 1200 as the trigger price. When this price is triggered, your order will be executed.
      Once your Buy position is complete, you can place a Stoploss on this CNC position. Please note that you cannot place a Target and a Stoploss for a CNC position at the same time. You can either place a Target or a Stoploss. This is because once either of the orders is hit, you will still have an Open Sell CNC order in your order book and this is not permitted until you actually have shares in your demat.

      • Rahul says:

        What about futures? If I bought a contract on NRML so can I place target and stop loss order for it..???

        • Akshay.A says:

          You can place a Target or a Stop loss for your order. If you wish to place both then it’d require you to have additional margin.

  151. Reeta says:

    My client I.D ZQ9229. During placing F&O order “exchg not enabled for this acct” and order was rejected. I want to know the reason. Is it because of insufficient amount or any other reason?

    • Akshay.A says:

      Hi Reeta,
      This could be because you probably wouldn’t have signed in the F&O section on the application form or haven’t submitted the income proof required to enable F&O trading. Please write to [email protected] for more details.

  152. Pushpendra Verma says:

    Hi,
    I was into CoalIndiaMayFut position since yesterday in Zerodha Kite, today when I tried to put SL in the same existing position, it didn’t trigger when the price has gone below my trigger price.
    Please help me to understand the correct way to put SL for existing positions?

    • My guess is that you are placing a SL order with trigger and limit price. So basically when the trigger is hit, a limit order is sent with the price you have mentioned. There is no guaranteed execution if it is a limit order. If you want a guaranteed fill, use SL-M order with a trigger price. As soon as the trigger is hit, a market order is sent to buy the stock. Check this post.

  153. Gokul says:

    Hi,

    I placed limit selling orders (above current prices) for already bought stocks in equity. They were showing as open order and cancelled automatically by 4.15 PM. Why is this happening? Is it not valid till the order is executed?

    • No, all orders are cancelled by exchanges end of day. Exchanges don’t support good till cancelled orders.

      • Gokul says:

        Ah ok. So in case I’m out for a few days and won’t be able to watch markets or place orders, is there any way I can protect myself in case of an unexpected fall in stocks that I have bought?

      • Kiran says:

        Hi Nithin,

        I am new to Zerodha and disappointed to learn that you don’t provide VTC (Valid Till Cancelled) feature on your trading platform. It is a lot useful feature for folks who are not able to watch the market on a daily basis. I see posts requesting to prioritize this feature as old as two years ago. I am pretty sure even though the exchanges are not supporting this feature directly, you should be able to implement this on your side. Today, ICICI Direct and other brokers provide this feature, this is the mostly used feature whenever I place orders.

        I request you to prioritize this feature and let us know when it can be made available to the users. Until that time, I will resort to other trading platforms.

        Regards,
        -Kiran

  154. Riyaz says:

    I placed BO order (of BIOCON:EQ).But it is rejected due to less margin. I am unable to use leverages provided with BO orders.Plz explain me what is the problem?

    • Zerodha Social says:

      Riyaz, your BO order was rejected because you had used price values in the SL and Target fields. In BO you have to use absolute values for your SL and Target. For Ex. if your target is Rs 5 use 5 in the target field and similarly for SL,

      • ryz1992 says:

        I think i have filled correct details…ex::price:1093,target :1108,sl:1088

        PRICE
        ₹1093.00
        TRIGGER PRICE
        ₹0.00
        ORDER TYPE
        LIMIT
        PRODUCT / VALIDITY
        BO / DAY
        TIME
        2017-04-21 10:54:59
        STATUS
        REJECTED
        “STATUS MESSAGE”
        rms:margin exceeds,required:65220.00, available:4989.74 for entity account-zr8184 across exchange across segment across product

        THis was the message appeared in the box.

  155. Parijat says:

    sir, When are you all planning to bring GTC orders in zerodha?

  156. Ashok Kumar says:

    if i buy a share using NRML option, do we need to square off at the end of the market on particular day or we can hold for 3 to 4 days or more.

    if i buy from NRML, i should have only 40% of the total value of share in my account to buy a share?

  157. arnab says:

    whenever i am trying to trade USDINR on zerodha kite today, its showing ‘exchange CDS is not enabled’. what does it mean and how it can be resolved ?

  158. Jk says:

    Sir,
    What is final(last) time to modify intraday order as I was unable to modify at 3:19pm. Also final time to place delivery order as unable to place order at 3:21pm. Thanks.
    Jk

  159. Darshan says:

    Situation:

    I have exiting Bank Nifty Options (10 lots = 400 qty) of 21800 at Rs 1/- on the day of expiry (Thursday weekly expiry day). I purchased them in MIS.

    Now I place a MIS order for target at 5 for the 10 lots.
    Again I place another MIS order for SL-M MIS order for SL of 0.25 paise.

    Now let me know if my understanding is right —
    1 – If my target is achieved then only the SL-M order will be left in pending state until 3:20 and if the rate does not touch 0.25 paise then it will get cancelled?
    2 – If my SL is hit at 0.25 paise the my target will be left in pending state until 3:20 and if the rate does not touch Rs 5/- then it will get cancelled?
    3 – If my SL-M or the target both are not executed by 3:20 then my 10 lots will get executed at the best buy rates available at that time, also the other 2 MIS orders (SL-M and Target) will get cancelled at 3:20?

    Kindly let me know if my understanding is correct?

    Thanks
    Darshan.

    • Venu says:

      1. Even if the target is not achieved, the SL-M order would remain pending. The order would get canceled at 3.20 and would get squared off automatically since it’s an MIS order.
      2. Same answer as above. Even if the SL isn’t hit, the target order would remain pending.
      3. Yes, the system will square off the positions automatically, but do remember that the onus of squaring off the position lies entirely on you.

      • Darshan says:

        Thanks Venu, What I understand from the reply is that at 3:21 or later there will not be any open orders in my order book as all we under MIS.

        I was just wanting to understand this because there might be a situation where in I am unable to square off my open positions and end up In The Money with just a few points and end up paying a big STT amount. So if all open orders are either squared off (incase of open positions) or cancelled (incase of open Target and SL-M orders) then the STT issue is solved coz my open position will either hit the target or get squared off at 3:20 but not exercised.

        • Venu says:

          We start the square off at 3:20, needn’t necessarily get done within 1 minute. Sometimes it takes longer. As I mentioned earlier, although the system will square off the position, the onus of squaring off position vests entirely on you.

          • Darshan says:

            Hi Venu,

            I did not understand this point of yours ” although the system will square off the position, the onus of squaring off position vests entirely on you.”. If the system will square off the position, what is left for me to square off??

            • Venu says:

              What I meant to say is, Yes, the systems will square off the position after which you’ll not be left with anything to square off. In the unlikely event that the system does not square off the position for whatsoever reason, you will have to ensure you square off the position and not let it carry forward to the next day.

              • Darshan says:

                Thanks Venu, Now I get it. The systems will auto square-off starting 3:20PM but I also need to keep monitoring and incase it does not get squared off then need to do it manually to avoid carrying forward to next day or excess STT incase of expiry day.

                Thanks for your prompt and quick response Venu. Appreciate the great job that you guys are doing !!!!!

                Darshan

  160. Asit Maurya says:

    Does Cancelling an Order in Kite Charge.

  161. Remya Sathyan says:

    Hi
    I am using kite platform. I had 400 shares of canara bank stock and last week i got its 100 right issue shares.(total 500). I cannt add the right issue amount to get average buying price. I can do correction in Q back office but it is not showing in my portfolio.

  162. Vaibhav says:

    Hi
    How to create GTD in Options?

  163. Gokul says:

    Please help :

    I bought 1 lot (150 units) of Maruti Apr 9600CE at 12.95. Now the current price is 10.25. When i place a sell order (market or limit, tried both), i get the following message:

    STATUS MESSAGE
    rms:margin exceeds,required:50729.54, available:10007.35 for entity account-zw2055 across exchange across segment across product

    Kindly let me know what can be done. Thanks!

  164. Akash Sharma says:

    Hi NITIN my only concern with zerodha is to increase the margin for cash segment atleast for intraday traders. And on volatile market login is very difficult. It happened to me when UP results were out this (March) month and i have to ultimately come out with loss when i log in because all the settlement happened within 2-3 minutes after the market open

  165. kalpesh lukkad says:

    plz explain ioc order charges day/day or what is use……

  166. K. Sri Prasanna Reddy says:

    Hi,
    Thanks again for immediate reply that too so late night.

    Regards,
    Prasanna

  167. K. Sri Prasanna Reddy says:

    Hi,
    In AMO I want to short ‘A’ share which is previous close was 100. I want it to short at 99.90.
    Limit order would be better or any other option would be better.

    Regards,
    Prasanna

  168. Imran says:

    Hi,
    I opened an account with Zerodha and today I tried buying shares all that I knew was for every Intraday trading Zerodha gives some margin. So I tried buying shares with balance of 5000 as I thought Zerodha gives additional 14 times margin and tried buying shares but I got error that margin exceeds available 5000 and required 60000. Please advise on this

  169. Prabhu Rajarathinam says:

    do i get charged brokerage etc,. for executed rejected and cancelled order or i only get charged completed executed order

  170. Nikhil says:

    I purchased shares with product: CNC but system show validity for Day.
    How i convert this for long term ?

  171. Ajax Titan says:

    I just wanted to know what will happen in following situation:

    Let us say current rate of infosys is going on Rs. 1000.

    Next I put two orders:
    1) Buy order at 1005 (long trade – expecting it to grow)
    2) Sale order at 1005 (short sale – expecting it to go down)

    Then rate changes to Rs. 1005 of infosys, so what will happen to my positions. Will my net position be zero i.e. I won’t have any shares of infosys or Will I have two positions taken for me i.e. one for buy order & one for short sale?

  172. Sukhdev says:

    While purchasing shares for MIS this message occur, please explain !!!!!

    rms:blocked for t bse_cm mis broker- zerodha block type: all

    • Stocks which are in the T2T category (which exchange considers as penny stocks or excessively speculative) cant be allowed for intraday trading. You will see this message when buying those stocks for MIS.

  173. samir says:

    mcx crude oil trad………. do STBT,BTST …………. 1) can i place good till cancelled order with stop loss ?

  174. Ramkumar says:

    Hi

    Been a month since i started using Zerodha on mobile. Im happy and look forward to a profitable journey. My question is when i bought a Ce Stock option to keep till expiry ( I had enough cash in account) and didnt exit on the same day as i was in loss. But at 3. 20 it was auto sold. Please explain to me the buying procedure in the kite app about how to buy options if i want to hold till expiry. Thanks

  175. Jagdamba Saklani says:

    Hello
    Can you explain about cnc order to mic order

  176. Sagari says:

    For example if I buy stock of rs 100 and I place limit target order at 105 rs does it sell above 105 rs or only at 105 rs not above that. Please advise if there is any sell market order.

  177. Shubham says:

    Hello nitin sir,
    Suppose i buy a stock xyz at rs 150 of some quantity and again i bought that same stock at rs 155 of some quantity on same day,is it possible to sell only those stocks which i bought at rs 150 bcoz in kite it is showing average buy price…can i sell stocks which i bought at a specific price or i have to sell at average price??

  178. Sandesh Rai says:

    Hi,
    My Kite Zerodha A/C ZX**98 BYE & SELL is not working from last 8 days. when BYE It show “BUY trigger_price should be lesser than price” . when SELL It show “SELL trigger_price should be lesser than price” can u tell me is thr. any problem in my a/c?? or any other method to BYE & SELL is there??

    thank you,

  179. Kallol says:

    Hello,
    Suppose I place an MIS order for 100 quantities of buy (not BO/CO, plain MIS buy order). The trade gets executed in in 1 lot itself at, lets say Rs 200. Now I want to place Sell order for target booking and also stop loss Sell order for preventing untoward loss. Can I:

    1) Create a create a Sell order for 100 qty at Rs 204
    2) At the same time, can I place a SL-Sell order at Rs 198.
    3) I assume when any of the above 2 gets executed, I will have to manually cancel the order order – pls do confirm

    Assuming the above 2 is possible, can I:
    1) Before the target order is executed, can I modify the sell target order placed in 1) above to change the qty to 40 at Rs 204?
    2) And then create another sell target order for the rest of the 60 qty to Rs 206?

    -Kallol

  180. Naresh P Dandekar says:

    Sir please explain me in COVER ORDER UNDER MIS
    Suppose I am buying 500qty of vakrangee @MKT PRICE say Rs. 305/- Active option .
    0 CO My trigger price will be 302/- as stop loss. ??? Here no Target price option given
    this order will get sequared off at 3.20 pm
    Under CO This is also for buying and selling of my above shares or seperte order has to be placed for selling my shares …. confusion pls answer …

  181. Rajiv says:

    Hi Nithin, Once my order is executed, if I want to change my stops, it is showing as “No pending order to modify” pop up. Is there any way to change my stops. Thank you!

  182. Pranjit Saikia says:

    Hi
    There is a confusion on my mind, kindly clarify please.

    If I buy some stocks with CNC product type & I sell them on the same day itself i.e. intraday, then is there any chance of Auction penalty just like “buy today sell tomorrow” orders ?

  183. Apoorv Sood says:

    How to modify my stop loss on an already executed order on kite?

  184. D.Omprakash says:

    Hi My id D00042. I placed amo order in kite for jet airways buy SLM 405 but order got rejected says
    rms :rule: check trigger price vs ltp for sl-m orders ,trigger price:405.00, ltp:406.35 for entity account-do0042 across exchange across segment across product
    Can any call me regard this i couldn’t understand what it says exactly.

    My contact : 9566068331, D.Omprakash.

  185. sunil says:

    Is there a benefit of using ” MIS ” for the option market for nifty and bank nifty or option stock. I dont find any use as initially I was of the assumption of there is less brokerage……I realised it only after seeing the statements. It was quite late as I lost a sizable amount as Brokerage.

  186. Anu says:

    Suppose I trade in Natural Gas Intraday with Cover Order type.As per my knowledge in NG I can place 16 lots per single order or 2.5% of OI. Lets take 16 lots per single order.

    1) But I want to BUY 20 lots with the same price and at the same time.So how do I will do that?

    2) I want to SELL that 20 lots with the same price and at the same time. So how do I will do that?

  187. Sudip says:

    I’ve sold some shares of a single company. As the order was in pending status I’ve cancelled it. So the stock were showing back into my holdings. Later say after 5 mins I’ve sold them again and the position of the order is still open. So my questions are :

    1. Do I need to pay brokerage and other charges ( Like demat charge ) for pending and then cancelled order ?

    2. As I’ve cancelled pending sell order is there any sort of penalty charge applicable ?

    3. For how long a sell order can remain in pending / open status ? If the shares are not sold say after x period of time do I need to pay the charges like brokeeage, taxes, exchange and demat fees ?

    Thanks in advance.

  188. ROBERT says:

    For Intraday trading what type of orders should I use.
    How much maximum qty of shares can I purchase with my available capital? Is there any limit for such qty?

    Thanks,

  189. ROBERT says:

    Good Evening Sir,

    I am new to Sharemarket and trading ofcourse.
    Sir, I want to purchase shares of a particular company and retain it for a period of say 8 months. Then what type of order should I place. My capital is 1.5 Lk.
    I want to use the whole capital amount in purchasing the shares of that particular stock.
    Will I be charged for holding these company shares in my demat account ?

    Say the shares purchase value is 300 and it is going below 300 then to minimise my loss what should I do ?
    I am going to use my capital for investment purpose and not for daily trading. What kind of order should I place ?

    Please guide..

    Thanks in advance…

  190. Ajay Bandhu says:

    Hi

    is there a way I can partially cancel my order through order_type 3. For ex: I currently have a limit order of 100 shares of Reliance, so can I partially cancel 89 shares through order_type 3 so that I only have 11 share in my limit order book.

  191. Ankur Agrawal says:

    dear sir, if i try to place a sell order for the equity CNC then it is being rejected everytime from last few days but if i place a buy order for the equity CNC, it always completed. may i know the reason, why? and how can i place the sell order first for the equity cnc? i am using kite.


    Thanks & regards,
    Ankur Agrawal

    • Venu says:

      For the sell CNC order to get accepted, you will have to have the equity shares in your demat account from before. If you don’t, your order will get rejected.

      • Ankur Agrawal says:

        ok, if i find any share that it will go down and in this case if i have to sell that particular share at market price and when it will go down then i will purchase ….in this case what can i do in case of equity?

        • Venu says:

          You will have to sell it with product code MIS – Margin Intraday Squareoff. This will be an Intraday position only and will have to be closed before market closes.

  192. chaitanya says:

    hi Nitin sir, first of all Happy New Year and thanks for varsity it is very helpful for people like me….im a newbie…i have some doubts regarding placing orders…
    1. Karthik sir advised to start positional trading for few months…so i cannot place MIS for that…i should place only CNC am i right…so if i hit the traget on the same day can i sell the share even though it is not credited to demat account.
    2. in around 1000 comments in stop loss and trailing stop loss section im not able to find my doubt… can i place stop loss order ,TSL order , or bracket order for CNC . (though i dint go through all the comments)

    3.

    • Venu says:

      1. Yes, you’ll have to place orders in CNC to take positional trades. You could square off the position the same day, it’ll be considered an Intraday trade.
      2. No, there’s no facility to place TSL for CNC orders.

  193. AMBRISH says:

    In zerodha kite, do you guys charge for modifying any order like changing the stop loss or trigger point in cases of intraday or CNC.

  194. Prakash says:

    Hi Nithin

    I am new to trading with less than 1 month experience.I have a problem or may be doubt you can take it in any aspects.Below is my query,

    Support level 8100
    Current price 8099
    Like to place a sell BO at 8103
    If it breaks the support level i need to place a sell order in BO so, I am placing an sell BO order for 8103 but unfortunately when i execute the order it sells at 8099 and if it dosent break the support level i am ending up with a big loss.

    I need to know how to place a sell BO or CO which exceutes between 8103=< in this specific case

    Kindly help me in this

    Thanks
    Prakash

    • Venu says:

      If you’re placing a sell order at 8103 when the current market price is 8099, the order stays in the system as a limit order, doesn’t get executed at 8099. You can’t place conditional Bracket orders.

  195. Sundararaman says:

    I want to start using CNC order type for equity. I want to know how much capital is required & how to calculate profit. Below is the scenario:-

    Capital in account – 1lak
    Script name – Techm
    Order type – CNC
    Buy Stock Price (SL-M with trigger) – 478
    Total shares can be purchased – 209
    Target Sell Stock Price (Limit) – 489
    Stop loss Sell Stock Price (SL-M with trigger) – 455

    Questions:-
    1) Will the money be blocked as soon as i place the Sl-M entry order? Or upon order execution?
    2) After the entry order is executed do i require extra margin for the Target & Stop loss order? If yes then how much?
    3) How do i calculate the profit in this scenario?

    • 1. Blocked as soon you place order.
      2. U will not be able to place both exit and SL order even if you have enough margin. Since u hold stocks, only one exit can be placed.
      3. Profit = Sell price * Qty – Buy price * Qty

      • Sundararaman says:

        Thanks for the reply. I have further questions. How much extra margin is required to place the target order? What if the market goes against my position? At that time from where will money be deducted at real time?

  196. Shankar says:

    I placed a BUY order for 10000 shares of Ugar Sugar. The trade book shows that 9516 shares have been bought. But the order book and the stock holding do not show any change. How do I know whether the shares have been bought or not?

  197. arup says:

    Dear sir
    trade got cancelled also if someone uses bse stock which i was using whole day .

    only,after reading your blog, i came to know only after that nse stocks are allowed only at mis/bo/co

  198. Goutam says:

    Sir
    Is it possible to place a buy order above market price with a stop loss ?

  199. Goutam says:

    Sir
    1. I want to know that how to use AMO option.
    2.Difference of three type of trading pattern
    a.LMT b.SL c SL-M

  200. Davinder says:

    Hi,
    My question is specific to pre-market orders. When I was using NEST, I could clearly see the LTP (last traded price) between 9:00 AM and 9:08 AM. Based on that I was able to take the decision to put a limit order and most of the times it used to execute. Now problem with Pi and Kite is that I cannot see LTP till 9:08 AM. Only final pre-opening price is known at 9:08 AM. Am I missing something or is it a limitation of Pi and Kite? If later, can we fix it?

  201. Parth Deshmukh says:

    I want to know what these suffix stands for in the script name Maruti-BL. Here what is the meaning of BL or BE means?

  202. Sundararaman says:

    Hi,
    I want to use the weekly charts to do my Stock futures trading. I want to open a position and keep it for few days or end of the week. I want to setup stop loss & target level using NRML order. I want to understand the margin requirements. I will give a scenario.

    I wanted to Buy HDFC16NOV at 1272 on 21/11/2016. SL is 1232. Target is 1308. I know that it will most probably reach 1308 by the end of this week. If not also i would like to take profit by end of this week. I want to use NRML order. How do i calculate margin requirements?

    1) I will use the margin calculator using the below link i.e Equity futures. I will enter the price & money that i have. It will give me how many lots i can buy as NRML & MIS.
    https://zerodha.com/margin-calculator/Futures/

    2) The above step is for entry. Do i need to do the same for stop loss order as well? So i should have similar amount of money for SL order as well. Am i right? The NRML order does not have SL in built in it.

    3) The same goes to target order as well. Am i right?

    4) So i would need roughly around 3 times the money required in step 1 or even more. Am i right?

    5) What if i don’t use SL order & only target order? I want to risk the entire amount placed in step 1. How do i calculate the SL price till which the order in step 1 would last? i.e How far should the market go against to take out my entire amount in step 1?

    • Venu says:

      1. Yes.
      2. Funds get blocked only for the position you take. SL doesn’t require additional margins
      3. As mentioned above, you don’t need 3X margins to place the target and SL order. Suggest you read this: http://zerodha.com/z-connect/tradezerodha/margin-requirements/margins-2-exit-orders-for-1-position
      4. Typically, your position would be squared off (closed), if the margins go below the required numbers. You’ll always have to maintain the margins in point (1) to be able to carry forward your positions.

      • Sundararaman says:

        Thank you for the reply and link. But still point 5 of mine is not clear. I will rephrase it. When my NRML position is open ie active in the market and when price moves against my position will money get reduced from the balance in my account? Or only the NRML margin gets blocked and reduced in real time. Another way of putting it is how much extra money is required apart from the margin to withstand the negative price movement?

        • When market goes against you, MTM losses are first adjusted with any free cash you might have in your account which happens on a live basis. If the position continues to make MTM losses, it now starts eating into your NRML margin blocked. Typically our risk team will square off positions if the total money in your account starts dropping below around 75% of the NRML margin required. On volatile days, our risk team can be stricter and square off earlier as well. Typically these square offs are done between 3.10 to 3.30pm. If there are any losses, best to transfer money before that time. Also ideally it is best to always have some extra money over and above the NRML margin to make up for any MTM losses.

          • Sundararaman says:

            Thank you.. This is very helpful..

          • Sundararaman says:

            One last question.. When can we place NRML orders? Can we place them after market hours? Can we place them during pre-market open? For example BO orders cannot be placed during pre-market open i.e 9:00 am till 9:15am. Is there any such restrictions for NRML orders? I would like to place it either after market hours or during pre-market opening. Is it possible to place it before 9am?

            • You can place it anytime you want. Between 9.15 am to 3.30 pm in live market. After 6pm till 9.15 am as AMO. During pre-market, you need to use the AMO option to place NRML orders.

              • Sundararaman says:

                Thank you once again.. Please let me know whether the below are True or False for NRML orders:-

                1) If the NRML order is not executed i.e trigger pending till end of the day it will get automatically cancelled at the end of the day
                2)In this case i should place the same order again the next day
                3)In the above scenario i should place the stop loss & target order only when the 1st entry order is executed. Am i right?
                4)Once the 1st order is executed i will have to place the stop loss & target order every day until either one of them is executed. This is because both of them will get cancelled by the end of the day if the trigger is not executed.
                5) Once one of them is executed then i will have to manually cancel the other one.
                6) Even if i don’t manually cancel it, it will get cancelled automatically by the end of the day if it is not already executed i.e trigger not reached

  203. Atheeq says:

    I think I did. However, I will work with your support team to have it enabled.

    Any plans to provide Good Till Cancelled (GTC) order validity type?

  204. Atheeq says:

    I do not see “NRML” option in “Product” list field of “Order Window” in Zerodha PI terminal. Let me know If I should report this to your support team and also let me know when “NRML” option should be used?

  205. Rajat says:

    Hi Team,

    Sometimes I convert my CNC positions into MIS, by default it creates an MIS Regular position. I want to check if there is way to add Stop loss/ Target to a normal MIS position later on. Or anyway I can convert my CNC to something like BO?

    Please help.

    Thanks.

    • Rajat says:

      The above question is for both Kite and Pi.

    • You can’t convert from CNC/MIS to BO. What you can do is, once converted to MIS, place MIS SL order and target order.

      • Rajat says:

        Thanks for your response Nitin!

        But the moment I place new MIS SL order, which is lower than the current price (I am assuming this is just another normal MIS order with the sell price where I want my SL), the position gets squared off immediately. Seems like it does not work as SL, rather an offer price less than current mkt price.

        Please let me know if I am getting it right or it has to be done some other way.

        Thanks,

        • Rajat,

          You need to put the trigger price below the current market price. If you don’t it will become like a market selling order.

          • Rajat says:

            Hi Nithin,

            Thanks for the tip. It is working fine for SL. Just want to check if same method can be applied to put a target selling price as well. For Eg, out of 100 shares, I want to sell 50 at say Rs 150, another 50 at Rs 200, should I put put two different SL order, with trigger price of say 145/195 and tgt price as 150/200 (in addition to the MIS SL order for actual stop loss). Since, in this case, trigger price will be higher than the current price, I am little confused if this will work.

            Thanks!

  206. osakahunter says:

    Hi
    I want to have some standard values in the orders. for examble always whenever i select a srip target will be 10 absolute points and stoploss will be 8 absolute points. Is it possible to set this is kite.i dont want to enter this everytime. once the scrip is selected these values will be prefilled. Is it possible

  207. Ajay says:

    Is there a type of order in which it is a market order at the entry and a target order at the exit? (Similiar to a BO, but using a market order at the entry point instead of a limit price). If not, how can I achieve it(without manually creating new exit points for all lots)?

  208. ratan says:

    sir,
    1. can u once again clarify if BO is available for option trading for equities. today i again got an error while putting BO for supharma options “rms:blocked for optstk nse_fo bo block type: all”. also please say if for commodities is CO trading available, and the steps/points to note.
    2. please tell BO order is avialable for …. and CO order is avialable for……., as in margins page we can see that it is available for all but while trading we get error.
    3. if possible can you give me the link to the video tutorial of BO and CO (kite app- web and android app). also sir i suggest if it is possible please insert a little note to the trading platform regarding the various parameters which we need to enter like for trailling stop loss ( hint can be – enter no of ticks to trail – .05 means 1 tick for X instrument etc). this feature can help a lot.
    4. also sir in kite android app the stocks pertaining to bse is not been displayed. there are many stocks which only trade in bse. we have to open money control to see if it is available in bse or nse only and then type in kite.
    5. 1 last favour sir- is it possible to trade on the chart ( in kite app , web interface and pi directly by placing buy and sell order ) and also to show the buy order line and stop loss line which can be modified by shifting the line in real time directly on the chart. i know it will take time to integrate these advanced features but i think these can make zerodha software all they way more competitive and more user friendly ..thanks again sir for reading my suggestions and solving them. have a great day.

  209. Subrata says:

    Is there any brokerage charges on Modify,canceled MIS and CNC orders???

  210. Aditya Risbud says:

    Hi,
    Is there any way to get trade type(CNC or MIS) of backdated trades? Actually I wanted to know how much i have earn while doing CNC vs MIS trades.
    Thanks in advance.

  211. Gagan says:

    While placing a buy order, it says “nse exchange not enabled for the account”. What does it mean ?
    How it ll be enabled ?

  212. kailas says:

    if i am converting from cnc to mis, does that mean i am selling in cnc and buying again in mis

  213. R says:

    I hope you can bring in GTC orders in Equity options soon. A low brokerage rate is much appreciated but it becomes pointless every time I lose a profit booking opportunity just because price levels I’m waiting for hit right at market opening while I’m still clicking about to place an order. Sometimes that price level doesn’t come back or at best it just stalls all other possibly juicy trades because now money’s stuck in that one trade. In the meanwhile, I’ll try to go clicking and keying at lightning speed but please try.

  214. Ajay says:

    1. If I use a bracket order to buy ‘x’ stocks by using disclosed qty x/2 at a time, then will this disclosed qty be obeyed when the target price is reached also?(When the selling occurs automatically on reaching target price, will my stocks be sold using disclosed qty x/2 each?).

    2. Why does kite not support disclosed qty on BO? It’s the main feature I miss in kite.

  215. Rakesh Mandal says:

    There is a option of Trailing Stoploss followed by Optional in in bracket on KITE platform. You have not mentioned whether the Disclosed QTY is optional or not. Is Disclosed QTY optional for intraday trading?

  216. Santosh Shetti says:

    Hi Nothing,

    I have a query regarding F&O orders….

    Suppose I bought an Option contract of Strike Price= X in NRML mode since I have bullish view and there is about 3 weeks for expiry .

    Subsequently, next day or so if I see there is temporary down trend (due to a small correction etc), now can I short the option contract of same Strike Price X in MIS mode ( & square off by EOD) without affecting my NRML long position taken earlier?

    Thanks & Regards
    Santosh Shetti

  217. vinodkumar says:

    Hi,
    I have doubt regarding product types. When I trade for intraday I give MIS as product type and system considers it as Intraday trade but after sometime if I want it to be delivered I change product type to CNS but Trade has done before changing product type. I dont understand how share are delivered as Trade has done as Intraday just changing type I get share delivered. How does it work?

    • Venu says:

      Product types like MIS, CNC are only product types that brokers provide. To the Exchange, there’s nothing called MIS, CNC etc. So if you buy a share and convert it later, you would have made a delivery purchase against which you’ll receive credit of shares on T+2.

  218. Javeed says:

    Hi how can i exit a Cover Order which i have placed.

  219. Rajender Singh says:

    Hi, I have opened an account with Zerodha 10 days back and when I try to place an order to future and option segment like Nifty call and put there is error message generate each time when i place an order “not a valid product code”. Why it appear? And I want to know that means my FNO segment is not active? And what should I do to activate it. please suggest.

  220. Gaurav says:

    Hi zerodha,

    If i cancel/modify my buy/sell limit order will i be charged?

  221. Karthick says:

    During Place my order i got status message as “exchg not enabled for this user” and status Rejected. Can you explain me what is the reason behind this ? ( i am using in kite web browser)

  222. swamyct says:

    Hi, please provide GTC(Good Till Cancel)orders in MCX.

  223. Anand says:

    Hi, NSE emerge scrips are opening under SM in Pi, but I am using kite and not able to add any nse emerge scrip. Kindly solve the problem at kite.
    Regards

  224. Srikanth says:

    Hi,
    I have a query regarding Intraday Trading and Delivery Trading. When I give Buy order for delivery, Will NEAT system matches my order aganist Sell Order for Delivery?
    We have different Product codes like MIS and CNC etc. Will these orders match aganist same type order? How order Matching Works?

    • Product types don’t matter when order matching happens on exchange. Product types are just internal methods to tag orders for brokers. Order matching happens only based on buy and sell

      • Srikanth says:

        Thanks for answer. But what happens when Intraday seller short sells and Delivery buyer buys the same order then How shares are transferred to buyer.

        And, a general question, In Intraday trading no body owns shares they just trade prices without holding any shares in that company. Then, What is the benifit of Intraday trading to people It is like gamble I feel. I just want your opinion on this.

        • The intraday short seller will cover his position before end of day, so his obligation would most likely pass on to someone who is actually selling stocks.
          Yeah, intraday trading is speculation.

          • Srikanth says:

            Thanks for your prompt reply. But, I don’t understand fully You mean exchange does not know whether order is for Intraday or Delivery It will execute based on prices. And Brokers should make sure that Short selling should not be allowed in delivery so they put product types. Am I correct?
            Every one knows Intraday trading is gamble then why SEBI allows intraday trading?

  225. Binny Tomar says:

    Hey,

    I faced the worst glitch today . I placed a limit order of AB Nuvo @ 1302.50 But to my surprise it got executed instantly and started showing average price of 1294.85 ?? How the heck is this possible?

    • Binny, if you place a limit order above the current market price, it will become a market order. It is not a glitch, that is how limit orders work. If you want an order to trigger higher than the current price you will have to use triggers/stoploss orders. Check this post. So use SL-M buying order with trigger price as 1302.5

  226. sanjeev kumar says:

    HOW TO PLACE VTC ORDER

  227. Dr Padmanabha says:

    can i place selling order of a Put option in the beginning of the market at 9.15 am for the quantity i have and leave the day for my work exiting from my zerodha account

  228. Manowar says:

    1. Today I tried to buy option at market price but rejected with error msg “rms:blocked for optstk mkt nse_fo broker- zerodha remarks: option stock market orders are not allowed block type: all”. Why am I getting such error. ?

    2. Can I buy option with stoploss (mention both SL and SL-M)…??
    3. If 2nd query is possible, then, when trigger order get placed .?
    4. Cant I place CO/BO for trading option and also trailing stoploss as you claim in you website.?

    • 1.Because of illiquidity of stock options, we have disabled market orders. If you want to place market, just place a limit buying order above the market price and limit selling order below the market price.
      2. Yes, but only SL, no SLM
      3. Only SL so when trigger is hit, limit order is sent.
      4. BO/CO only for index options.

      • Abhinav Chauhan says:

        Sir,

        Today, i bought a Option of ACC18FEB1560PE @ Rs 34, and i used Stop Loss with Price Rs. 32 and Trigger Price Rs. 32 (I generally take same Stop Loss Price and Trigger Price) then, price fell but my order SL did not executed and i tried to exit at market, i tried 4-5 times but it did not executed, it was showing error ”RMS:Blocked for OPTSTK MKT nse_fo broker- ZERODHA Remarks: Option Stock market orders are not allowed block type: ALL”. Then, i applied limit for the same, lower than actual price then it was executed. I lost my hard earned money. Please review and clarify where i am doing mistake? and What should be in my favour?

      • Pramod says:

        I also have the same issue. Even when I tried with limit order, it didn’t executed. Instead it rejected.

        Can I ask you why such thing has been implemented and by whom?

  229. Manowar says:

    Can I buy share from BSE and sell it on NSE in MIS trading. ? if yes.. I did experiment with tata power share yesterday but share from BSE and NSE were shown separately. why.?

  230. AK says:

    Where do I change the answers to the 2FA security questions?

  231. AK says:

    Do I use the Admin option to check P&L for my options trade or is there any other menu?

  232. shanmu says:

    Would insist zerodha to issue declarations on their updates adhering to GTC/GTD orders so that the traders wouldn’t have to find rejected orders in their order book when enunciating the aforesaid validity types even for MCX segments. And hope zerodha has a trick up it’s sleeve to call in an alternative for this shortcoming. Would also like to if pre-market orders could come in handy to substitute GTC orders for MCX

  233. jithin says:

    Will there be any issues in order execution if i’m day trading several times in stocks like GMR infrastructures which is currently 11 rupees with average volume 1,642,614.

    If i’m buying 100 shares one company and selling after one hour on same day do zerodha charge brokerage 20rs total for buying and selling ?
    or is it like 20 rs for buying and 20 rs for selling on same stock = total 40rs

  234. Praveen says:

    Sir can i place Stoploss and Target in simultaneously. For example lets say i want to buy ICICIBANK at 100 and i wish my profit target to be 102 and stoploss be 98. How can i place such order. I know that i can put a stoploss but what about target price???

  235. Anand says:

    Hi,
    I can see & add stocks from BSE SME on zerodha watchlist, but not form NSE EMERGE. How can an investor buy shares of sme/emerge ?

  236. Sonal Desai says:

    how to place valid till cancellation order?

  237. Sudarshan says:

    how can i place an order at the beginning of the day where i buy if the mkt is down or reaches a level where i want to buy and i sell when the mkt is up and gets there before the buy order? can both orders be placed with the premise tht only one gets executed? i trade nifty futures

    thanks

  238. Sandip Marathe says:

    hello sir.
    my question is related to commodity.
    Soppose in gold, bid price is 30560 and ask price is 30580.
    if i want to place sell order at 30570.
    wht type of order should i place?
    is it sl sell order or limit sell order?
    thank you.

  239. Rajat says:

    SERIOUS ISSUE WITH BO!!
    Hi Nitin,

    I tried to use BO 3-4 times using Kite and every time I have faced this issue. Once I place the order, it automatically gets changed to some random price in the Kite. Luckily I noticed the issue and manually updated my orders. Below are the details of one of my orders. I have have the relevant screenshots also, but this portal does not allow me to paste SS. Let me know if I can send that to you somehow.

    Would request you to please look into it and let me know if I this is system issue or I am doing something wrong.

    Original Order Placed:
    Buy @ 269.40
    Stoploss: 262
    Target: 275

    Order Showing In System:
    Buy @269.5
    Sell @241.2
    [email protected]

    Thanks!

  240. ARUN says:

    Sir, when i try to contact the number 8040402020. It ask for
    a 8 digit number. I don’t understand what is that 8 digit number. Plz explain it.

  241. arunraj says:

    could you please explain the meaning for below status :

    STATUS MESSAGE
    order is not open

  242. Vijayan J says:

    If i bought the commodity in NRML type. Can I sold my commodity on same day. It’s possible.

  243. prashanth says:

    iam totally disappointed with zerodha

    yesterday i bought 7 crudeoilm ..nrml order..but they automatically sold my one of the crude …

    who told you to sell my product?

    my id is pr2520

  244. arvind says:

    hi
    is intra-day CNC (Cash & carry) possible or intra-day trading it has to be MIS ?
    can stocks be bought & sold on same day or next day if bought using CNC ? or only possible after T + 2 DAY ?

    thanks

  245. imran says:

    What is the Differents between sl and slm?

    • Venu says:

      When you place a Stop loss order, you mention a trigger price. Your order gets executed when the trigger price gets hit. If you’ve placed an SL order, the order will get placed & traded at the limit price, if it’s an SL-M that you’ve placed, the order will get traded at the market price.

  246. samir says:

    wrongly i sell future mis order my admin position shows minis (-) quintity

  247. Jyoti says:

    i would like to request team zerodha to pls simplify the things such as CNC, MIC, PUT, SHORT, and all other short forms so that new investor can be know about these full forms with explanation if possible

  248. Jayaprakash says:

    When do you propose to include GTC / VTC (Good Till Cancellation or Valid Till Cancellation) Order Type. Any reason for not having this till now.

    • Exchanges don’t support GTC/VTC, essentially a broker has to simulate this. Little hacky, hence getting postponed.

      • Subrahmanya Prabhu says:

        Hi, I am also eagerly waiting for GTC orders. Many a times I will miss entry and exit points, as I can’t keep watching the prices. If Zerodha implements this, it will be a great feature addition and helpful for most of us. Instead of Kite extension to chrome, GTC orders could have been given priority.
        Regards.

  249. Shekhar says:

    Hi Nithin,

    I was reading a blog on Stop-Loss orders on Zerodha. I usually trade through KITE. I am little bit confused and I have following queries:

    1. For Stop-Loss Limit (Sell) order, the Trigger Price have to always be LESS than the Current Market Price ? Irrespective of the scenario whether the position is running in profit or loss.

    2. For Stop-Loss Limit (Buy) order, the Trigger Price have to always be HIGHER than the Current Market Price ?
    Irrespective of the scenario whether the position is running in profit or loss.

    3. If I place any of the Stop-Loss Limit (Sell/Buy) order depending upon my position and let say my stop-loss is triggered and position get squared-off at the limit price. So, If I understood correctly then the Stop-Loss Order at Limit Price is executed and there won’t be any pending order after that and the trigger-price order will get automatically rejected/cancelled by the system. ? OR Do I still have to manually cancel the Trigger-price order even after the position is squared-off on the limit-price of Stop-Loss Order?

    • 1. Yes
      2. Yep
      3. Once a trigger is hit, either the limit or market order is placed on the exchange (based on SL or SL-M). Once the order is placed, you don’t have to cancel trigger or do anything else on it.

  250. Harsh says:

    Hi Nithin,

    Whenever Zerodha introduces Valid Till Cancel (VTC) orders for cash market, please also introduce for futures as well (ICICI Direct has just launched it).
    It seems like most of the brokerages now a days offers BO, CO and VTC orders, Zerodha has to be really innovative in offering advance tools for traders to stay ahead of competition apart from discount brokerage.

    Hope to see Conditional Orders soon (Interactive Brokers India are offering it to retail).

  251. RK3237 says:

    Hi
    how to square off Future trade NRLM order. Do I have to convert it first to MIS order?

    • Just place an opposite order, no need to convert and all.

      • Dhananjay says:

        There should be a square-off button which will square off the last placed order. E.g a buy order of 10000 should be placed with the sell with market/limit options. This will be very convenient given the limited time we get between a intraday order..

        • Matti says:

          You can always exit an open position from the admin positions. Squaring off the last placed order is not practical. The last order may just add to an existing position or may not be the one you always want to square off.

  252. neha says:

    hi
    i want to know what is “BO,CO blocked for the day” , as i m not able to place order , why this is happening and when it will be fine.

  253. Nan says:

    Why GTC option isn’t there even for MCX?

  254. Sandeep says:

    Hi,

    Is there any way to set Limit order valid of more than 1 day. I have moved from ICICI to Zerodha, ICICI has this provision.

  255. ADITYA says:

    how to give target order when you have sold and you want to buy . should i use sl order to buy or limit order.

  256. Rahul Munde says:

    i am getting the following error while order shares of gokhle exports in nse. not able to order for some stocks…shows same message

    STATUS MESSAGE
    rms:blocked for nse_cm gokex-eq mis block type: all

  257. Mayur says:

    Is it that market orders cannot be placed for stock options??..My orders are getting rejected for this reason..

    • Yes, it has been disabled because stock options are generally very illiquid. Some of our clients have lost a lot of money due to fat finger trades. If you want the orders to be market, place a limit order at a much higher price for buying and lower price for selling.

  258. jithin says:

    Can we buy a stocks before 9.20 am ?
    can we place stoploss with it ?

  259. Sameer says:

    Issue regarding order placing via kite..
    Hi, today around 09:52 pm bought Tata Steel @ 335.65 it was a ”limit order”… around 12:52 pm the stock was trading around 332.65.. so placed another ” LIMIT” order for selling the stock & the rate I filled in the order slip was 330.60 assuming.. if the rate comes to 330.60… the position will get squared off.. but when I pressed the sell button it got sold immediately at 332.65… the rate at which it was trading during that time.. Same thing happened for Rinfra.. bought it at 541.60 limit order & when after 3 hours it was trading low at 535.50.. I placed another sell ”limit” order.. the rate filled was 530.. but when I pressed the sell button it got sold at the market rate of 535.50. When I am placing a ”limit” order with a specific rate mentioned in the slip for squaring off my position then how come the stock is getting sold at the current market price… Also while getting into a new position.. say a stock is trading at 100 now if I want to buy it only above 100 and hence I place a buy ”limit” order @ 101 so when the stock comes at 101 the order will get executed or i ll get the stock at the market rate… Please advice.. Refards

    • Sameer, you need to use orders with trigger to place such orders. So if you want to buy at 101, when the market is at 100, use SL-M buying order with trigger price as 101. As soon as the stock goes t o 101, a buying order is sent. Similarly for selling, place SL-M sell order with trigger wherever u want.

  260. prashant says:

    Hello,
    Today i faced issue in while trading using zerodha kite. i hold few stocks. From holding section when i click on exit button it shows order is executed but this order is shown as short sell order in open positions. so i need to again square off by buying this short sell order. thus my holding stock i am not able to sell. today i encounter loss due to this issue. plz guide me on priority
    Thanks,

    • Sameer says:

      Hi, when I buy/sell a stock for intraday using kite.. if the stock is bought/sold then in the ”Orderbook Section” its shown as executed order & in ”Positions Section” its shown as open positions (1).. then when I want to square off my position.. I again go to the ”Positions Section” place the mouse on the particular stock.. an ”exit” button is displayed.. I click on that exit button and a new buy/sell order window is opened.. and from their I place an order for squaring off.. after squaring off the order is shown as executed order in the order book.. but when again I check into ”Positions Section” its showing as OPEN POSITIONS (1) ”BUT” in a mild shade and when I again place the mouse on that particular stock.. the exit button is NOT displayed.. so in the position section try to check for the exit button & the shade light/dark by taking the mouse on that particular stock.. I am not a Zerodha authorized person.. just a client like you.. Regards..

    • Prashant, when you exit through holdings, it will continue to show as short position on position window under product type CNC. Since it is CNC, it is not a short position, it is just an exit position. You don’t have to do anything if it shows up there. The reason we show it there is, if anyone wants to buy back this share, they can do it from the positions window.

  261. randolf says:

    please guide me,
    i have bought 200 shares, for a value XXX, through CNC, but the validity is for a day,
    so do i own the shares overnight, and till how many days i can hold the share,
    thanks

    • Validity for day is an order type since all orders get cancelled by end of day. Yes if bought through CNC, you will get shares in your demat, and you can hold it for as long as you want.

  262. tahir says:

    Please explain about share buy and sheel.day or ioc

  263. NATARAJAN says:

    HOW TO CHANGE THE NSE MARKET SCRIPT HOLDING IN DP TO BSE MARKET IN ZERODHA FOR SELLING….

    NOTE:- I AM HAVING THE STOCKS IN NSE IN PURTICULAR COMPANY, BUT I WANT TO SELL THAT SCRIPT IN BSE MARKET FOR GETTING SMALL PROFIT FOR MISMARKET….,
    & I DONT KNOW HOW TO DO THAT IN ZERODHA KIT…., PLZ TELL ME HOW TO DO THAT….!!!
    THIS IS MY LONG TIME queries….& I CANT ABLE TO IDENTIFY THE SOLUTION……

  264. TOMAR JYOTI says:

    Hello Sir,
    Plzzzzz help me, i m not able to place orders today during market hours
    16387 : Security is not allowed to trade in this market
    Status
    REJECTED
    Status message
    RMS:Rule: Check holdings for entity account across exchange across segment across product

  265. Chetan Agrawal says:

    hii,
    can i revise/modify executed order’s Stop loss. suppose i Place an order for asian Paint buy @850 with SL 825 and order was executed. now market Price is 880 and i want to modify SL as 860. how can i do it. Please tell me Steps.

  266. Raghav says:

    Hi,

    I recently joined zerodha.

    One of the most required feature for me is “validity” of the stoploss order. Is it possible to place a order which is valid till some date ??? This is a break or make feature for me.

    Thanks

  267. Prabhjeet Singh says:

    Dear Nithin,

    I recently opened an account with Zerodha. I am pretty new to trading and does not have much knowledge about trading .

    How can I get initial assistance to know about using tools like KITE and pi. Like is there someone who can give a little demonstration if I contact him . Or may help me answer some questions on how to place orders\sell using these two tools ? Or should some other options other than these two ?

    Regards
    Prabhjeet

  268. Arun says:

    Dear Nithin sir
    http://tradingqna.com/32470/bulk-orders-and-institutional-investors-how-do-they-do-it
    Here is a link to Trading Q&A. I request you to please if you can have a look at them and answer these queries, it will be very helpful sir.These are very interesting queries. Siva did try to answer them but not satisfactory. I think now only you can throw some light.

  269. Shyam Sunder says:

    Hi Zerodha team,

    I have two doubts.
    1. My transaction get rejected some times “rms blocked for nse_cm zerodha” What is it ?

    2. Zerodha have only 258 scripts where we use multiple margins or is this for user specific ? becouse my freinds using another brokers and he has more that thousand company where he can use marigin.

    Thanks for your support.

    Shyam

  270. Thilak says:

    Thanks Venu. I am new to this platform. i got it now.

  271. Thilak says:

    Hi Nithin, do you have any upcoming plan to bring in margin trading for futures and options in zerodha platform.This will be beneficial to all traders who do trade in futures in zerodha.

    • Venu says:

      All Futures & Options are margin products alread. You only pay a percentage of the actual contract value to buy/sell F&O contracts. Am I missing anything?

  272. Bala says:

    Sir,

    I bought 300 SBI shares and 100 Tata steel shares under MIS. But I didn’t sell it. I thought by 3.20 it will be automatically squared off. But it’s not squared off and I got a contract note to pay Rs.73210.30

    Kindly advice what’s going on. Is there any change in MIS policy?

    Regards,
    Bala

    • We had an issue with one of our leased lines connecting the exchange. MIS square offs didn’t happen for a few clients. These positions if you didn’t square off today, you can do it first thing tomorrow morning.

  273. Rajnish Busa says:

    Why GTC ( Good till cancelled) feature is not there for equity trading?
    Dont you think it is the big advantage against all the best advantages of Zerodha?

    • Venu says:

      GTC is on our list of features-to-provide, but it might atleast a couple of months before it’s available.

      • Rajshekar says:

        Dear Kamath and Team,

        Here I am requesting you Please provide GTC order feature for Equity section as early as possible as It will be a good feature for traders and advantage for Zerodha against competitors.

        Regards,
        Rajashekar

      • Namit Gupta says:

        Hi,

        I am also a Zerodha trader from more than 2 years and I really like Zerodha service. Could you please start the ‘Good till cancel’ facility in the equity trading as soon as possible.

        Namit Gupta

        • Nataraj T says:

          eagerly waiting for GTC order facility in equity cash segement from zerodha for more than 2 years..please prioritize this feature..

  274. Mitul says:

    why the price shown in kite is difference?Means today bhel
    OPEN-115,HIGH-121.45,LOW-112.7,CLOSE-119.25.thses data is true and it also shown under the candlestic chart.
    but when i select 1day candle stick and move mouse over the candle stick above the chart,beside the share button it shows wrong information
    like OPEN-115.5,HIGH-121.40,LOW-112.85,CLOSE-119.25.
    Why this is happen?Some times the last candle shown in pi of any equity which is red and its true.but the same equity in kite show green.Over all the kite give wrong data some times.Please resolve the issues

  275. Rahul Maity says:

    in kite there is in left side is equity name and right side is price…but before price there is some values..what is this??and how to calculate this??
    Example:
    voltas -2.17 277

    what is this -2.17 and how to calculate this?
    Please some one help me

  276. Jayesh Bafna says:

    Dear Nithin

    I am trying to buy AADHAARVEN on BSE. I am getting this error – “Not a Valid Product Code” I am ordering using CNC. Please help.

    Jayesh

  277. amit pandey says:

    i got an error “RMS : client not enabled on product”
    What is this error?

  278. Sumeet says:

    Dear Nithin,

    If I buy a share as CNC and then sell on next day (before delivery on T+2 days), is there an additional cost (charge) to me? Actually, there is some discrepancy in expected and actual funds credited to my account when I sold shares before delivery.

  279. suvojit ganguly says:

    hi sir,
    i am new to trading.just wanted to ask how do place an intraday trade.suppose i wanna buy rel infra at 536. i have chosen limit order and mis. but what do i put in price and how much money do i need to have in my account since zerodha provides 10x leverage..thank you

  280. SANDEEP REDDY says:

    Hello Nitin,
    What are PRO/CLI exactly.I see in excel file from NSE too.Would you please clarify.
    Cheers,
    Sandeep.

  281. sandesh says:

    Dear sir,

    If Sale a commodity (short option) in NRML, how much time i can hold the same.

  282. Saswata says:

    please explain how to give a call or put buy/sell order on any nifty lot derivative market, and what is the minimum lot size and how much margin require..pls send me feed back as soon as possible.

    • Venu says:

      Add the contract to the Marketwatch, press F1 to buy & F2 to sell. I suggest you give your Sales manager a call and arrange for a demo on how to use the trading application.

  283. Suman Chowdhuri says:

    Do you have a GTC order facility at least for Cash market?. All brokers have it now and i think exchange is giving approval.

    When can we expect it in Zerodha. I am planning to port to Zerodha from Kotak. this is one feature which is stopping me as i should not worry about my sale price or buy price.

  284. Rajinder Kumar Malhotra says:

    Very helpful for a new comer like me.. Thanks a lot

  285. SONU says:

    Dear Nitin
    I am not able to understand how to place the Oder in f0
    specially option trading i prefer the system very complicated
    in bfo …. there is term like io . so .sf and all
    in nfo there is diff terms
    i use z5 screen … Also while trying to see how to put order i see that a list of nifty put or call doesn’t appear istead only particular that need to be selected .
    I had icicidirect also i have traded from there there is very good clarity inplacing order ….. Please help me
    Regards

  286. Kunal says:

    Hi Nithin,

    Your cover and bracket orders are supporting only Market or Limit orders at the time of entry. Can you please allow StopLoss order entry as well ? Are there any challenges from broker side for not allowing stoploss entry in cover and bracket order ?
    Also Cover and Brakcet are intra day. Can it be made normal positional trade ?

    My objective is to avoid sitting in front of screen entire day to adjust positions 🙂

  287. sourabh says:

    when you buy share the at certain point i had to take some half share profit so to only sell half of share not exist all of them?

  288. Sasikumar says:

    Hi Nithin,
    I am new to this Stock market & Zerodha. I am not a trader but an investor. whenever i buy a stock, i want to add Stop-loss that should be valid till i modify or till execution.

    But i can see that validity is Just a Day in the Z-connect or Pi. In this case, do i need to set Stop-loss on daily basis.

    • Yes Sasi, you will have to place a new SL everyday. We are working on introducing valid till cancelled order.

      • Gurjot Ahluwalia says:

        Nithin,

        Moving my trading and demat account from ICICI to Zerodha has definitely saved me plenty of brokerage over the past year or so and it has been a relatively good experience using Zerodha.

        However, I am really getting hurt in equities with the inability of placing a Valid till Cancelled (VTC) order which ICICI offered till 45 days! I’m starting to think that any saving I have made in brokerage costs in 1 year is now being lost through this single feature missing when trading through Zerodha.

  289. Vamsi Goutham says:

    Zerodha Trader software not working properly. I am getting “log file open error”. How many times I reinstalled results are same.

    Please suggest me how do I carry on…

  290. Viraaj Badhwar says:

    Hi,
    Today i was trying to convert an MIS position to NRML for an options trade. However, I got the auto square off blocked error. But shouldnt i be able to convert the position?

    Thanks

  291. Muddasir says:

    Dear sir
    Please tell me how to check square off price before I do square off

  292. GOPALAKRISHNAN R says:

    sir, I am having Demat account @ ICICI bank, in which having some shares about 100shares.
    Now i want to sell these shares through Zerodha. Already i had mapped my demat a/c with zerodha trading a/c.
    let me know how i sell?

  293. Arpita says:

    Hello,
    From where can I get the list of scripts in which Intraday is available?

  294. Aruna Ajmeera says:

    Dear,

    I am knew to trading. Please clarify how to place order to execute the following in intraday

    Eg:Lt buy at 1300-1301 sl 1290 target 1320

    Step1:

    Buy: SL-L Limit:1301 Trigger price:1300

    Step2:

    Sell: SL-L Limit: 1290 Trigger:1320

    I am thinking this way. Please suggest the best way to steps

  295. Arpita says:

    Hi,
    My orders getting rejected from all platform for equity Intra day. Getting status msg
    “RMS:Blocked for 532144 bse_cm WELCORP MIS block type: ALL”
    How to place order for successful order?

  296. Dhavalkumar says:

    Hello,
    I got the following error message on limit order of NSE. Will u please explain?
    “RMS:Blocked for nse_cm NRML Remarks: Equity orders are not allowed in NRML product type block type: ALL”

  297. tausif says:

    If I want to do intraday without MIS means on my independent capital do I have to place a nrml order or CNC

  298. shashikant says:

    Sir,why I am unable to place equity buy or sell order ,it shows invalid product code .in pi also it doesn’t show nse/bse option.pl help

  299. Kamal Bhatt says:

    Sir what’s meaning of ‘RMS:field not found 63002’. Today it appeared many times & I could not trade on bfo using zerodha trade. Please explain how to place order as I don’t own PC.

  300. Prakash kothari says:

    can i use margin trading in nifty options. if yes how much margin i got.

    • If you are using product type as MIS, then only for shorting margin is given and not for buying for intraday. For shorting, you will need only 40% of overnight margins.

      If you are using product type as cover order or bracket order (with stoploss), then on buying also we are giving for only nifty and bank nifty. For buying you will need 70% of the total amount, for shorting you will need 25% of margin.

  301. Pavan says:

    1.) Lets say that I buy 100 shares of Tatasteel using the product type CNC at 10:00 hrs today. At 10:15 hrs today I short 100 shares of Tatasteel using the Product Type MIS. So will this square off my long position in Tatasteel ie; will the 100 shares purchased with product type CNC be squared off ?

    2.) Consider a scenario where I buy 1 lot of LT15NOVFUT using Product Type CO and few minutes later take a short position on 1 Lot of LT15NOVFUT using Product Type BO. Will this square off the initial long position (product type CO).
    Thank You.

    • Venu Madhav says:

      1) No, CNC and MIS are 2 different product codes. Trades don’t get net off. Your MIS short will be covered at 3:20 and your 100 CNC purchase will remain.
      2) BO, CO are 2 independent product codes. You can’t square off position in one product code by taking the opposite in another product code. They’ll remain as 2 different positions.

  302. Yash Shekhar says:

    Sir
    Can you please explain why under MIS when I try to trade on a stock my order is rejected with ” Admin stopped AMO ” as the reason.

  303. Parthasarathy says:

    I have opened demat and trading account with zerodha. In Z5 trading platform I am not able to find NSE or BSE when I add a new scrip. Only NFO and CDS are available for selection.

    Please suggest how to place CNC buy order through Z5.

  304. Harish says:

    Hi Team,

    Questions:
    1) If I place a order and cancelled it right away before the order gets executed. Does it charge any money?
    2) In IOC, if there is no trade available to suit my limits and it gets cancelled. Does it charge any money?

    Thanks!

  305. sreejith says:

    Sir how to buy bse listed shares through zerodha ? in web it only displays NSE only ? please help ?

  306. uma says:

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

  307. shivam says: