Limit Order
| What is it? | An order to buy or sell a stock at a specific price (or better). |
| Why use it? | Allows you to set the price at which you buy or sell. |
| Example | You can place a limit order to buy 10 shares of company Z at ₹100 per share or less. |
| Good to Know | If the specified price hasn’t reached, the order may not get executed, and you may miss out on a trade. |
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