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| Discuss Buy Qty and Sell Qty. at the Beginners Guide within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi folks. Stupid question. Lets say I have 200 shares of a company. I want ... |
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#1
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Hi folks.
Stupid question. Lets say I have 200 shares of a company. I want to sell them all. Now at nseindia.com, the page for that company says that Buy Qty is only 50. Would I be able to sell all 200 of my shares? Or only 50? Does it happen this way, or does it go into futures or something? Conversely, if Sell Qty was 50 and I wanted to buy 100 shares, would I be able to buy 100 or just 50? |
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#2
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There are 2 types of orders (broadly speaking)
1. Limit order - where you specify your price to buy or sell (which totally depends on the other side i.e., buyer/seller to buy/sell to you at the price you've specified). Limit order guarantees fixed price but not order execution. 2. Market order - where you get the best possible price for your shares. Market order guarantees full trade but not best price. better avoid market order, you'll lose more than you think with market orders. coming directly to your question: only 50 will be sold at that price. remaining 150 stays there until someone buys at the price you've specified. if nobody buys, you'll be having your remaining 150 shares with you. it also depends on the liquidity (number of buyers and sellers) trading a stock. example VSTIND will take the whole day to day just a few thousands. RPL will trade crores in few hours. |
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