Anand Rathi offers order types including Limit Order, Market Order, GTD (Good Till Date), Bracket Order, Cover Order, and BTST Order.
- A limit order is an order to buy/sell stock at a specific price.
- A market order is an order to buy/sell the stock at the current market price.
- A BTST (Buy today and sell tomorrow) allows customers to sell shares before they are credited into a Demat account or take delivery of shares.
- Bracket Order is an intraday trading order placed with the opposite-side orders to limit the losses or increase the chances of profit.
- In a Cover Order two individual orders are placed simultaneously. It consists of a market order and a compulsory stop-loss order in a specified range. Once the market order gets executed, the stop-loss order gets placed.
