Well, Sharekhan has accepted my afterhour order to buy 1 Niftybees at Rs. 122
View attachment 44960
Let's see how it gets treated on Tuesday morning
yes, AMO orders are accepted, but like we transact stock / F&O in pre-open,
you cant transact in pre-open 9am to 9:08am( 1m random close )
so all orders fired after 9:15am is what i meant.
In case of say hdfcbank, i punch an order as AMO or in pre-open lets say buy 5% higher than PDC, and price discovery happens at +2%, then i will get a guaranteed fill at 9:08am before normal mkt open. ( provided enough sellers are there )
This is NSE price discovery algo.
After mkt open it is price matching algo that takes over ( highest bidder = lowest seller )
when liquidity is low, you can get lucky price fills