NISM Series 8 (NISM VIII): Equity Derivatives Certification Exam Notes
Page 57 Of 102
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Limit Order: Specifies maximum buy or minimum sell price.
Stop-Loss Order: Triggers trade when price hits a specified level.
Market Order: Executes at the best available market price.
Good-Till-Cancelled (GTC): Order remains active until cancelled or executed.
Immediate-or-Cancel (IOC): Order executes instantly or is cancelled.
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