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How to place buy or sell orders on Tiqs?

For Buy Orders:
Step 1: Go to the search bar and search the name of the share/F&O contract name.
Step 2: Click on Buy and fill the following details-

Order Type:

  1. Intraday: If you want to buy & sell on the same day during trading hours.

Regular Intraday

  1. CNC (Cash & Carry): If you wish to hold the share for more than one day.

Quantity: The number of shares you want to buy.
Price:

Regular CNC

  1. Market Order: If you are wishing to place an order at the same price which is trading on exchange.
  2. Limit Order: If you expect a rise or fall of price which are trading on exchange.
  3. SL (Stop Loss) Order: If you want to set the buy price by placing limit order but at the same time you are limiting the loss from an unexpected fall by putting stop loss price.

Regular CNC Stop Loss

  1. SL-M Order: If you want to place a market order but you also want to limit your losses from an unexpected fall by putting a stop loss price.

Regular CNC Stop Loss Market

Validity:

  1. Day: A Day order will be placed to execute for a specific price for the day and if the price is not executed then the order will expire automatically at the end of the trading day.

Regular CNC Stop Loss Market

  1. IOC (Immediate or Cancel): IOC orders are placed to buy or sell the security that must be executed immediately otherwise the order will be cancelled automatically.

Regular CNC Stop Loss Market

  1. Minutes: Similar to IOC these orders validity is for the minutes you opt for (like 1 minute, 5-minute, 10 minute). If the price is reached at the expected price within the minute only then the order will execute otherwise the order will expire automatically.

Regular CNC Stop Loss Market

Step 3: After filling the details click on the buy tab and confirm the details.
Step 4: After confirmation the order will be placed.
Step 5: Once the order is executed you can sell the security by placing square off order on your position by specifying the details about selling price, quantity etc.

For Sell Orders:
Step 1: Go to the search bar and search the name of the share/F&O contract name.
Step 2: Click on Sell and fill the following details-

Order Type:

  1. Intraday: If you want to buy & sell on the same day during trading hours. (Sell orders for equity are only allowed for intraday.)

  2. CNC: If you wish to hold the share for more than one day. (You can carry only F&O contracts. Carry sell position in equity is not allowed.)

Quantity: The number of shares you want to sell.
Price:

  1. Market Order: If you are wishing to place an order at the same price which is trading on exchange.
  2. Limit Order: If you expect a rise or fall of price which are trading on exchange.
  3. SL (Stop Loss) Order: If you want to set the sell price by placing limit order but at the same time you are limiting the loss from an unexpected fall by putting stop loss price.
  4. SL-M Order: If you want to place a market order but you also want to limit your losses from an unexpected fall by putting a stop loss price.

Validity:

  1. Day: A Day order will be placed to execute for a specific price for the day and if the price is not executed then the order will expire automatically at the end of the trading day.
  2. IOC (Immediate or Cancel): IOC orders are placed to buy or sell the security that must be executed immediately otherwise the order will be cancelled automatically.
  3. Minutes: Similar to IOC these orders validity is for the minutes you opt for (like 1 minute, 5-minute, 10 minute). If the price is reached at the expected price within the minute only then the order will execute otherwise the order will expire automatically.

Step 3: After filling the details click on the buy tab and confirm the details.
Step 4: After confirmation the order will be placed.