stop loss order

Hi friends,

I have two questions

1. Is it possible to place stoploss order before 9 a.m., after market closing or in the premarket session?

2. Is it possible to short stocks in cash market in desirable amount say 50 or 100 without any complication?

Please help.
With regard,
Sandeep.

Hi Sandeep,

1.Only INDEX will open in Pre-market session.Equities will open after 0915
and hence you can't place orders in Premarket session.

2.Your question is not clear.No complications will arise ,if you short it
and buy the same afterwards within the sameday.

Premarket session is not ONLY for Index. All stocks in Nifty are open for Trade as per trading norms for PreMarket.

Pre market session refers to session when trading of stocks happen before the market actually opens for trading. The primary reason why SEBI has introduced pre market session is to reduce the volatility in the stock market. Since today all stock market are interlinked therefore any happening in other parts of the world tend to have an effect on the Indian stock markets.

Therefore from 18th October 2010 both NSE and BSE will open for trading at 9.15 a.m. instead of 9 a.m. At 9:00 am, investors and traders can place their buy and sell orders for NSE and BSE stocks for a period of seven minutes. During these seven minutes, no trades will be executed. From 9.08 a.m. to 9.12 a.m. the both NSE and BSE will stop accepting orders and will calculate discovery price for the stocks. All unexecuted market orders will be converted to limit orders at the discovery price and all unexecuted limit orders would remain at the limit price at which they were placed. From 9.12 a.m. to 9.15 a.m. will be the transition time from pre-open to normal market opening. From 9.15 a.m. normal trading in stocks will resume.


Source:Internet