How to place a limit order in FYERS?

How to place a limit order in FYERS?

A limit order allows you to buy or sell a stock at a specific price:
  • Place a buy limit order below the last traded price (LTP).
  • Place a sell limit order above the last traded price (LTP).
For example, if the LTP of X Ltd. is ₹100:
To buy at ₹98, place a buy limit order at ₹98.
To sell at ₹105, place a sell limit order at ₹105.
This ensures your order will only execute when the market reaches your specified price.

Follow these steps to place a limit order on Web/App:
  1. Select the scrip from your watchlist or use the smart symbol search.
  2. On Web, click buy or sell. On App, swipe left on the scrip to find buy or sell.
  3. Enter the quantity.
  4. Untick the checkbox 'market price'.
  5. Enter your desired limit price.
  6. Click buy or sell to place the order.
Your limit order will be placed successfully.

Notes:
  • If your buy limit price is higher than the LTP, or your sell limit price is lower than the LTP, the order will execute immediately at the market price.
  • If you want to buy above the LTP or sell below it, you need to place a trigger order or a stop-loss market order. For more details, refer to this article.

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