Learn how to PLACE ORDERS via ANT MOBI 2.0! [Part 2]
Learn how to PLACE ORDERS via ANT MOBI 2.0! [Part 2]
December 7, 2022
Watch the video to learn how to place orders via ANT Mobi 2.0 and follow the below steps:
Go to Google Play Store, and type ANT MOBI 2.0.
Tap the Install button.
Enter the USER ID and the PASSWORD.
Enter the 2FA in this box code, followed by the OTP sent to your registered email id and mobile number.
After logging in, you will see the WATCHLIST.
At the top right corner of the screen, you will see this search option. Tap that and type the name of the stock that you want to buy.
The suggestions appear right here. Click the “+” sign that is present right after the name of your desired stock.
You see, the stock is added successfully to your watchlist, LIST0.
Once you Tap the stock, you find the BUY and SELL options.
You can check the Market Depth, Other Details, and Technical Analysis of the stock by scrolling down the screen.
Once you Tap the BUY button, you will find this screen.
Add the number of stocks that you want to buy in the Quantity box.
Select your desired order type in this section :
Select Market Order if you want to buy or sell a stock at the price at which the stock is currently being traded in the market.
Select Limit Order to put limits on your buy or sell orders. i.e., you may enter the desired price at which you wish to buy or sell, and the order will only be executed if the entered price is achieved.
Select SL (Stop-loss) if you want to limit the losses in case the trade is going against your predictions and expectations.
Select SLM (Stop-loss market) order if you want to set a price to prevent losses and get what you expect.
Select MIS if you want to square off your trade within a day. MIS is a simple intraday order type where you are supposed to square off/close your position on the same day, and if you fail to do so, your position will be squared off automatically by the broker.
In Alice Blue, the automatic square-off for Equity, F&O & Currency happens 15 minutes before the market closes, that is, at 3:15 pm, and for Commodity Derivatives Segment, the square-off happens 30 minutes before the market closes, that is, at 5:00 pm.
Select BO (Bracket Order) to buy an order, as well as set a stop-loss order and a target order.
Select CNC – Cash and Carry order types are for the investors who are interested in holding the shares for a few days or weeks, or even months in some cases.
You can also select AMO (After Market Order) to place orders post-market hours, which are 3:15 pm to 9:15 am.
Now, choose the validity period of your orders.
The pre-selected RGLR option lets you buy stocks during normal trading hours.
Select DAY – If you choose MIS order, select this option to square off your trade within a day.
Choose IOC – Choose Immediate or Cancel option if you want to execute a suitable trade immediately or just cancel it. Any part of an IOC order that cannot be filled immediately will be canceled.
Now enter the Quantity you require.
After you’re done entering the required details, tap on BUY ORDER.
Your order will be placed successfully.
Please make sure that before placing your order, you need to have adequate funds in your trading account.
Watch the video to understand all the steps more clearly and visually.
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from the depository on your email id and/or mobile number to create a pledge. Pay 20% upfront margin of the transaction early to trade in the cash market segment. Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020, and NSE/INSP/45534 dated August 31, 2020, and other guidelines issued from time to time in this regard. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
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No need to issue cheques by investors while subscribing to an IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in the investor’s account.
Investors are requested to note that Stockbroker Alice Blue Financial Services Private Limited is permitted to receive/pay money from/to investors through designated bank accounts only named as client bank accounts. Stockbroker Alice Blue Financial Services Private Limited is also required to disclose these client bank accounts to Stock Exchange. Hence, you are requested to use following client bank accounts only for the purpose of dealings in your trading account with us. The details of these client bank accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stockbroker”.