A Limit Order is an order type where the trader sets a specific price at which they wish to buy or sell a stock. The order will only be executed if the market price reaches the specified limit price or best price.

For example, if a stock is trading at ₹100 and a trader wants to buy at ₹80, they can place a limit buy order at ₹80. The order will be executed only when the stock price reaches ₹80 or lower.
 

How to place a Limit Order on Shree Varahi:

1. Go To The Order Placement Section in the Shree Varahi app or web platform.
2. Select The Stock you want to buy or sell.
3. Choose 'Limit Order' as the order type.
4. Enter The Limit Price at which you want the order to be executed.
5. Confirm And Place The Order—it will be executed only when the market price matches your limit price.
    

Limit orders are useful for traders who want better control over their trade execution price.