Quick Answer: What Is Order Entry In SBI Smart?

What is Disc Qty in SBI smart?

Disclosed quantity allows you to disclose only a part of the actual quantity you want to buy/sell.

Once the disclosed quantity is specified by the client, the order is sent to the exchange and only the disclosed quantity will be shown on the market screen..

What is validity day or IOC?

If the order is not matched during the day, the order gets cancelled automatically at the end of the trading day. IOC – An Immediate or Cancel (IOC) order allows a Trading Member to buy or sell a security as soon as the order is released into the market, failing which the order will be removed from the market.

What is bracket order?

A Bracket Order in simple terms is a 3-in-1 order i.e. Target Order + Initial Order + Stop Loss Order in 1 ORDER. Bracket Order has 3 types of order embedded into 1 single order entry window. It is one of the most advanced types of order which involves auto cancellation and trailing stop losses.

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.

How can I get cover order in SBI smart?

In the Order Entry window select STRATEGY to place cover orders. Click on Cover Order. Select Equity from the drop down. Select your preferred exchange from the drop down.

Where is intraday order in SBI smart?

To start Intraday Trading in SBICap Securities you have to: Click on the button which reads, “Open Demat Account” and you will see a form on your screen once you click on it. Fill the form and once you done, submit the form.

What is trigger 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 delivery intraday and T 5?

5-Day Margin is a leveraged trading facility. You can create positions under this product that can be squared off, or converted to delivery till T+5 days (T= Trade date) on or before the specified time. … You have an option to square off the position, or convert to delivery till next Monday (i.e., 5 trading days).

How can I buy NFO in SBI smart?

You can view and place orders in NFO by clicking on NFO option from Market drop down. To view the active NFO schemes, click on Active radio button. Click on Closed radio button to view closed NFO schemes. To apply for a particular NFO scheme, select Buy from the drop down against your desired scheme.

How is trigger price calculated?

The trigger price is the price level where you want your stop loss to be executed. It is also called the stop-loss price, usually calculated as the percentage of your buying/selling price.

What is bl in SBI smart?

BL: This series is for facilitating block deals. Block deal is a trade, with a minimum quantity of 5 lakh shares or minimum value of Rs. 5 crore, executed through a single transaction, on the special “Block Deal window”. The window is opened for only 35 minutes in the morning from 9:15 to 9:50AM.

What is SBI smart strategy?

Option Strategies are concurrent buying and selling of one or more options that differ in one or more variables to reduce the risk of uncertain markets. … Bearish options strategies are employed when the options trader expects the underlying stock price to move downwards.

What is obligation report in SBI smart?

Obligations refer to selling of shares on the next trading day after they are purchased in delivery. Obligation screen is a facility which supports this activity. Details:- Obligations. allow you to sell the shares that you have purchased in delivery even before those shares are credited to your demat account.

How Stop Loss is calculated?

In the support method, an investor determines the most recent support level of the stock and places the stop-loss just below that level. The moving average method sees the stop-loss placed just below a longer-term moving average price.