Wednesday, March 18, 2009

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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Anonymous,  February 10, 2010 at 2:48 AM  

Ola, what's up amigos? :)
I will be happy to receive some assistance at the start.
Thanks in advance and good luck! :)

Anonymous,  February 12, 2010 at 3:33 PM  

good afternoonpeople this is a great forum hope im welcome :)

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Disclaimer: All the information given in this blog is only my ideas and knowledge what I got from internet or other sources. For any interest rate, charges etc check the particular service as the charge might have changed. Regarding the intraday trading tips, this is applicable for that day only and also shouldn't be taken as advice. All the actions taken by you is responsible by you only. Thanks.

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