How to place CNC Order with Alice Blue?

Watch the video to learn about how to place a CNC Order with Alice Blue. Follow the procedure mentioned below:
  1. Login to the ANT Web Platform.
  2. Enter your USER ID, 2FA Code, and the OTP received on your registered email and mobile number.
  3. To book an order, first, we need to add the stock to the watchlist. 
  4. On the right-hand side, you’ll find the search bar, click on it & type in the stock that you would like to add to your watchlist.
  5. Hover your mouse over the stocks in the watchlist to find the Buy button.
  6. Once you click the ‘Buy’ button, you can see this small screen where you add necessary information based on your investment type. 
  7. If you are planning to invest in a stock for a longer period, you can select the CNC option, which means Cash and Carry.
  8. A CNC order is used if you want to buy a stock and hold on to it for more than one day, unlike intraday orders, where the stock is sold on the same day. Thus, CNC is used in delivery-based trade.
  9. It’s called a delivery-based trade when you want the company shares to show up in your Demat account. After two days (T+2), the stock is delivered to the store. When the shares show up in your Demat account, you can buy and sell them.
  10. Choose the desired quantity, i.e., the number of stocks here, based on your trading type! 
  11. After entering all the details, click on the ‘BUY’ option.
  12. Your order is booked.
Watch the complete video to understand all the steps more clearly and visually.