How to Place Pre Market Order in Sharekhan

Are you looking to get a head start in your stock trading activities? Placing pre-market orders can be a strategic way to capitalize on early market movements. In this article, we will walk you through how to place pre-market orders in Sharekhan, one of the leading brokerage firms in India.

What is a Pre-Market Order?

Before we delve into the specifics of placing pre-market orders in Sharekhan, let's first understand what a pre-market order is. A pre-market order is an order to buy or sell shares before the regular trading session begins. This can provide you with the opportunity to react to market-moving news or events that occur outside of regular trading hours.

Step-by-Step Guide to Placing Pre-Market Orders in Sharekhan

Step 1: Log in to Your Sharekhan Account

The first step is to log in to your Sharekhan account using your login credentials. Make sure you have sufficient funds in your trading account to place the pre-market order.

Step 2: Select the Stock You Want to Trade

Once you are logged in, navigate to the trading platform and select the stock you want to buy or sell before the market opens. You can conduct your research and analysis beforehand to make informed decisions.

Step 3: Choose 'Pre-Market' as the Order Type

When placing the order, make sure to select 'Pre-Market' as the order type. This is crucial to ensure that your order is executed during the pre-market session.

Step 4: Enter the Order Details

Enter the quantity of shares you want to trade, the price at which you want to execute the trade, and any other relevant order details. Double-check all the information before placing the order.

Step 5: Review and Confirm the Order

Before finalizing the order, review all the details to ensure accuracy. Once you are satisfied with the order details, confirm the order to submit it for execution.

Benefits of Placing Pre-Market Orders

1. Early Reaction to News

By placing pre-market orders, you can react to important news or events that may impact stock prices before the regular trading session begins.

2. Higher Liquidity

Pre-market trading can provide higher liquidity in certain stocks, allowing you to enter or exit positions more easily.

3. Strategic Positioning

Placing pre-market orders can help you strategically position yourself in anticipation of market movements or trends.

Placing pre-market orders in Sharekhan can be a valuable tool for proactive traders looking to stay ahead of the market. By following the steps outlined in this guide, you can efficiently place pre-market orders and enhance your trading strategy. Start exploring the pre-market trading opportunities available in Sharekhan today!