What are the types of orders in HDFC Sky?
There are four types of order available in HDFC Sky order window. Order types give an investor freedom to place their orders according to their wishes. They also allow investors to manage risks.
Limit (LMT) order: A limit order is a type of order to purchase or sell at the desired price. For instance, if you want to buy shares of PNB at a set price, you can enter that price by selecting LMT.
Market order (MKT) order: Market orders are executed at the prevailing stock price. An investor does not have the freedom to choose the entry point. For example, if PNB trades at Rs.56 when your buy order is sent to exchanges, given there are sellers available, it will be executed at that price.
Stop loss limit (SL) order: A stop loss limit order is a type of order used to limit the loss or to book the profit on an existing or fresh position. This type of order turns into a limit order once the trigger price is achieved.
Stop loss market (SL-M) order: This is similar to the stop-loss limit order with one difference that the order is triggered immediately at the trigger price and executed at the next best available price. In essence, your order turns into a market order once the trigger price is achieved.
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How do I find the status of orders in HDFC Sky web portal?
Log in to your HDFC Sky account and click on the Orders tab from the top. You can find all orders with their status. Pending: This shows a list of orders that are pending to be executed. Completed: This list shows all orders that have been executed ...
How do I place intraday orders on HDFC Sky web portal?
Intraday orders are placed when you want to buy and sell the securities on the same day. This product is available for cash, currency & F&O. Intraday orders square off at a defined time and before the market close if the user does not square off. ...
How do I place delivery orders on HDFC Sky web portal?
Delivery orders, as the name suggests, are those where a buyer has to take delivery of shares while a seller has to deliver them. This product type is available for the cash segment. You need to have the full amount in your trading account to buy a ...
How can I place IPO orders through HDFC SKY?
One can participate in IPOs using your HDFC SKY trading app: Ensure that you have an active trading account with HDFC SKY. 1.) Go to Menu > Indian Stocks > IPO. 2.) All the IPOs which are currently accepting application will be listed under the ...
How can I switch to HDFC SKY?
To initiate the switch, you first need to close your HDFC Securities account. You can do this online by visiting the HDFC Securities e-closure Watch video on HDFC Securities E-closure process If your demat account is with HDFC Securities Ltd., it's ...