What is OCO in Zerodha?
OCO (One Cancels the Other) trigger When you buy stocks, you can place an OCO trigger where you can set a stop-loss and target trigger %.
When either of the triggers is hit, the order is placed at the exchange and the other trigger is cancelled.
You will get the GTT trigger option when you place a CNC buy order..
What is OCO order?
A one-cancels-the-other order (OCO) is a pair of conditional orders stipulating that if one order executes, then the other order is automatically canceled. … When either the stop or limit price is reached and the order executed, the other order automatically gets canceled.
What is validity day or IoC?
The order could be valid for a day, IoC (Immediate or Cancelled) and VTC (Valid Till Cancelled). A VTC (Valid Till Cancelled) order is valid for 45 days. The order gets automatically executed when the stock reaches the desired set price or else gets cancelled after 45 days.
Is Alice blue better than Zerodha?
The brokerage of Zerodha Max Rs 20 per trade while the brokerage of Alice Blue Max Rs 20 per trade. Both the brokers are Discount Brokers. Zerodha is having overall higher rating compare to Alice Blue. Zerodha is rated 4.5 out of 5 where Alice Blue is rated only 4 out of 5.
What is difference between SL and SLM?
So what’s the difference between SL order and SLM order? SL Order is a Stop Loss Limit Order in which you need to specify price as well as trigger price whereas SLM order is a Stop Loss Market Order wherein you need to specify only trigger Price. Hence the difference is in the execution of the orders.
What is good till triggered Zerodha?
Good Till Triggered (GTT) order allows you to place an order which is sent to the exchange only when the price condition is met. GTT is introduced by Zerodha to offer a similar service like Good Till Cancelled (GTC) order offered by most full-service brokers in India.
What is trigger price with example?
The trigger price is part of a Stop Loss order. … The order is executed at the limit price mentioned by you. For example, you buy 100 shares at a price of ₹350. You put a Stop Loss order to minimize your losses in case the share price goes down. Your trigger price is ₹345 and the limit price is ₹340.
What is CNC and MIS in Zerodha?
These are product codes you need to use every time you place an order through Kite or Pi. Margin Intraday Square Off (MIS) is used for trading Intraday Equity, Intraday F&O, and Intraday Commodity Trading. … Cash and Carry (CNC) is used for delivery based trading of equity.
What is triggered price?
Trigger price is the price mentioned by a trader at which the stock exchange (for instance BSE, NSE etc) makes an order for buy or sell active for execution. Trigger prices need to be set in stop-loss limit and stop-loss market orders.
What is SL SLM in Zerodha?
SL-M order (Stop-Loss Market) = Only Trigger Price. Case 1 > if you have a buy position, then you will keep a sell SL. Case 2 > if you have a sell position, then you will keep a buy SL. In Case 1, if you have a buy position at 100 and you wish to place an SL at 95. a.
What is single and OCO in Zerodha?
Not only can you place single-leg triggers to enter or exit stock holdings until your price condition is met, but you can also simultaneously place target and stoploss (OCO or One Cancels Other) for your stock holdings.
What is validity in Zerodha?
Validity in Zerodha Kite means the time till an order placed is valid. There are options like Day orders (valid till the end of the day), Immediate or Cancel orders and GTT (Good Till Triggered orders).
How can we avoid DP charges in Zerodha?
stock brokers like Zerodha etc….You cannot avoid DP charges in delivery trades however there are three ways by which you can avoid DP charges :By closing your position intraday.By taking BTST trade.By trading in the futures segment.
How do I cancel my CNC order in Zerodha?
Exiting holdingsBy initiating a sell order using product type CNC through the marketwatch.Mouse over on the stock in the holdings menu and click on the Exit button from the Options dropdown (By default, orders will be placed on NSE).
Does Zerodha charge for Cancelled orders?
No, Zerodha doesn’t charge brokerage or any other fees for canceled orders. If for some reason you cancel your orders, you won’t be charged any fees.
Can I convert CNC to mis Zerodha?
You can check the margin calculator to know how much extra margin you’ll need to have to convert to CNC/NRML. To convert MIS to CNC/NRML and vice versa, open the ‘Positions’ tab in Kite. Click on the ‘Options’ button and click on convert. Note: You will not be allowed to convert BO/CO to NRML/CNC or MIS and vice versa.
What is the charge for Zerodha intraday?
Intraday and F&O trades Flat Rs. 20 or 0.03% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades.
Can I short sell in CNC?
When you place a sell order in CNC , the The RMS (Risk Management System) will first check your demat to see if the shares you are trying to sell are available in your demat. … You can Short Sell and Close the Positions for Intraday in CNC only if you hold the dame shares in your demat.
Is GTT free in Zerodha?
Zerodha provides free GTT orders means the broker doesn’t charge any fee to place GTT orders on the Zerodha Kite web and Kite mobile app.
What are the hidden charges in Zerodha?
Zerodha brokerage hidden charges include call & trade charges, position squared-off by broker and SMS trade alerts as explained below: Call and Trade feature is available at an extra cost of ₹50 per call. Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer.
Can I exit CNC on same day Zerodha?
If you are a Zerodha client, You guess is right. YES, If you buy CNC ( delivery ) and sell the shares the same day only intraday brokerage charges apply, … BUT, If you buy CNC ( delivery ) and sell the third day then CNC Delivery brokerage charges apply. And, no penalty for selling your shares on the same day.