What is limit in Zerodha?
Limit Orders A limit order allows you to buy or sell a stock at the price you have set or a better price.
In other words, if you place a buy limit order at Rs 92, you want to buy the stock from the exchange only at Rs 92 or lower..
How do you find the limit of a stock circuit?
It is revised based on some pre-set parameters by NSE and BSE. Within one day, circuit limit always remains the same. For a stock, it can be changed once every few months only it depends on the stock. FNO stocks have no circuit limits, it can go any % up and any % down.
What is lower circuit in Zerodha?
Upper Circuit/Lower Circuit – The exchange sets up a price band at which the stock can be traded in the market on a given trading day. The highest price the stock can reach on the day is the upper circuit limit and the lowest price is the lower circuit limit.
Can I sell in upper circuit?
When a stock hits an upper circuit, there will be only buyers and no sellers. So, if someone wants to sell the stock, they can do so. Similarly, when a stock hits a lower circuit, there will be only sellers and no buyers. So, if someone wants to buy the stock, they can do so at the lower circuit.
What is daily circuit limit?
Upper Circuit is the limit above which a stock price cannot trade on a particular trading day. On the other hand, the lower circuit is the limit below which a stock price cannot trade on a particular trading day. These are also called circuit limits.
What is circuit limit?
It is the maximum fluctuation in price allowed during trading. Trading gets suspended if the maximum permissible limit is hit in either direction. The circuit limit gets fixed for individual stocks and indices like Sensex and Nifty.