MARKET
Market order
Fills straight away at the prevailing price.
Use it when getting filled matters more than the exact price. You do not set a price — the order takes whatever the market is showing when it reaches the book.
Trading
Master order mechanics on a professional platform
Order types, product types and position management work seamlessly on a professional-grade execution desk.
Investments in securities markets are subject to market risks. Read all the related documents carefully before investing.
VNK Avenue — TerminalIllustrative
NIFTY 50
Index · NSE
- RELIANCENSE10▲
- NIFTY 24300 CENSE F&O1 lot · 65▲
- CRUDEOIL FUTMCX1 lot · 100 BBL▼
- USDINR FUTNSE CDS1 lot · 1,000▲
Order ticket
BUYSELL
Lots1
Contract size65 units
Order typeLimit
ProductIntraday
Place order
Order confirmation
Order types
Four ways to enter a trade
Each one answers a different question: how fast do I need to be filled, and how much control do I want over the price?
LIMIT
Limit order
Fills only at your price or better.
You name the worst price you will accept. If the market is not there yet the order rests and waits; it does not expire during the session. A resting limit order can be modified or cancelled while it waits.
SL
Stop loss
Activates at a trigger, then works as a limit order.
Two prices, not one. The trigger decides when the order wakes up; the limit decides the worst price it will then accept. The trigger is an activation level — it is not the price you trade at.
SL-M
Stop loss market
Activates at a trigger, then fills at market.
The same activation logic, but once triggered it behaves like a market order. It prioritises being filled over the price at which it fills.
A trigger is not a price you pay
This is the single most common misunderstanding with stop orders. The trigger only decides when the order becomes active. Changing it moves the activation level — it does not change the value of the order or the price at which it will fill.
Product types
Intraday or delivery
The same instrument behaves differently depending on how long you intend to hold it.
Intraday
Opened and closed within the same session. Intraday positions appear under Positions, and anything still open when the session ends is squared off automatically — you do not carry it overnight.
Delivery
Held across sessions. Delivery positions appear under Holdings with their own average price, and stay there until you close them.
After you place it
Managing an order once it is live
Order states
Every order shows where it is — resting, waiting on a trigger, executed or cancelled — so nothing about its status has to be guessed.
Modify
An unexecuted order can have its price changed while it waits, without cancelling and re-placing it.
Cancel
Cancel anything that has not filled. Blocked funds are released back to your account balance.
Positions
Open positions revalue against the latest price, so unrealised P&L moves through the session.
Auto square-off
Intraday positions left open at the end of the session are closed automatically, and the result is realised into your balance.
Balance and margin
Placing an order blocks part of your account balance; cancelling or closing releases it.
Position sizing
See sizing by segmentOne lot is not one unit
Derivatives and commodities trade in lots, and the contract size decides how much you are actually exposed to. The ticket states it in the instrument’s own units.
- RELIANCE1 unit1 share
- NIFTY option1 lot65 units
- CRUDEOIL future1 lot100 BBL
- GOLD future1 lot100 GMS
- USDINR future1 lot1,000 units
Place your first order.
Create an account, pick an instrument, and see how the mechanics work end to end.
Investments in securities markets are subject to market risks. Read all the related documents carefully before investing.