1. What order types are available on ArihantPlus?


ArihantPlus app offers a variety of order types to make trading simple, flexible, and safer. Whether you are a trader or an investor, you can choose an order for instant execution, better price control, or risk management. 


Here is a complete overview of the order types available on ArihantPlus: 


  • Market Order: A market order is executed immediately at the best available price in the market. It is useful when you want to buy or sell quickly. You can place a market order in just 2-clicks on the ArihantPlus app. 

 

  • Limit Order: A limit order is executed only at the price you set or at a better price than that.  It is useful when you want control over the price at which you trade. 

 

  • Stop-Loss Limit (SL) Order: This order helps limit your loss. Once your trigger price is reached, the order becomes a limit order. It is useful when you want to protect your position while keeping control over the execution price. 


  • Stop-Loss Market (SL-M) Order: This also helps limit your loss. Once the trigger price is reached, the order becomes a market order.  It is useful when you want the order to get executed quickly after the trigger is hit. 


  • Cover Order (CO): A cover order is a 2-in-1 order that comes with a compulsory stop-loss. It is useful for traders who want built-in risk control while placing an order. 


  • Bracket Order (BO): A bracket order is a 3-in-1 order that includes an entry order, a target price, and a stop-loss. If one gets executed, the other is cancelled automatically.  It is useful when you want to manage both profit and loss in one order. 


  • After Market Order (AMO): An AMO allows you to place orders even after market hours. The order is then sent for execution in the next trading session. It is useful for busy traders and investors who want to place an order when they have time and want it executed as the market opens. 


  • Basket Order: A basket order allows you to place multiple orders at one time.  It is useful when you want to buy or sell several stocks together. 


 

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