Zerodha Limit Order

A limit order is a buy or sell order at a specific price. A limit buy order means that the security must be bought at the mentioned price and not above that whereas a limit sell order means that security shouldn’t be sold below the specified price. Zerodha provides the facility to users to place a limit order. The key advantage of placing Zerodha limit order is that security can be bought or sold at the desired price.

Steps to place Zerodha limit order

• Login to Zerodha Kite Web or Kite mobile app.
• Add the security into market watch.
• Click on the “Buy” option.
• An order window will open, click on the Limit order and enter the price at which you want to buy the stock.
• Now, you can check its status under the “order” tab on Kite.

Note:

• In case of buy limit order, the entered price must be below the current market price.
• In case of sell limit order, the entered price must be above the current market price.