Abbreviations in stock market
Below is the brief description of the list of abbreviations used while placing order in stock market.
RL - Regular Lot for BSE orders
NL - Normal Lot for NSE orders
Limit - To place the order at specified price
Market - To place the order at prevailing market price
StopLoss - To restrict the loss on the open position
DAY - The Order is valid for the day
IOC - Immediate Or Cancel - Execute the order immediately at the current prevailing price or price specified, if not, then cancel
Obligation - You can sell the deliveries before that comes to your demat account after you bought the same
MAR - This is useful to place orders in F&O segment.
INTRADAY - This is to buy and sell on the same day.
DEL - This is to place order for long term.
DISC QTY - This is to disclose only a part of the quantity order, if you don't want to disclose the real quantity.
TRIG PRICE - This is to set trigger price for Stop Loss order.
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2 comments:
Ola, what's up amigos? :)
I will be happy to receive some assistance at the start.
Thanks in advance and good luck! :)
good afternoonpeople this is a great forum hope im welcome :)
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