ASk Price

#1
Dear Members,
When I sell a stock on-line, by oversight if i put the 'ask price' much lesser than the market price what will happen. For example LTP of Tatasteel is Rs.434. But by mistake if I put the Ask Price Rs.43, what will happen. It will be accepted and I have to loose my money? Or it will take the current market price? (Like that fixing a very high Buy Price for buying a stock)
 

VJAY

Well-Known Member
#2
Dear Members,
When I sell a stock on-line, by oversight if i put the 'ask price' much lesser than the market price what will happen. For example LTP of Tatasteel is Rs.434. But by mistake if I put the Ask Price Rs.43, what will happen. It will be accepted and I have to loose my money? Or it will take the current market price? (Like that fixing a very high Buy Price for buying a stock)
In NOW terminal your order will freeze as out of range figures:).....so no harm to you........if you put sell price lower than ask price your order will executed as market price....hope your doubt cleared....
 

Similar threads