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? asked in Business & FinanceInvesting · 7 years ago

This is regarding Stock Trading. During pre-opening Session prices of most of the?

preferred stocks go up, making it impossible to buy. What is the procedure for placing order after office hours? Believe normal orders can be placed. But what about intraday? Can it be bought after office hours and sold on the next day.

2 Answers

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  • 7 years ago
    Favourite answer

    After the trading hours, you can place orders which are called as "Offline orders". Most of the online brokers will accept these offline orders after the markets have closed also. However these orders will be sent to the Stock exchange on the next day only when the market opens for trade. The broker will send these orders on your behalf.

    Technically intraday orders can also be placed offline.. That is if you place an offline order to buy some stock and if it gets executed the next day when the market opens, you can sell it on the same day. Most of the brokers consider this as intraday itself..

    However many online brokers do not support margin based intraday orders online.

  • 7 years ago

    In pre-open time 9-9.15 am , we can't buy. we can place the orders, at which point u want buy. buying / selling done in between 9.15 to 3.30 pm only .after that u can't.

    Intraday means it will end in the day ( if You bout any share surely it will sold by 3pm or 3.30pm).

    If u want to sell next day the shares transferred to DP ACCOUNT. so u need to pay DP( depositary ) charge, not an intraday charge means more u need to pay. .simply

    I hope u understand..

    I am having 6 years experience in share market.. I know this much only..

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