Price improvement order is an order facility where you can instruct the system to modify the order according to the trend of the stock. Once order is placed our system will automatically modify the order price as per the trend of the stock and when there is a small reversal in the trend system will trigger your order.
This product offer customers an opportunity:
To gain maximum form Price Improvement order check the trend of the stocks:
If uptrend in the stock price : choose Price Improvement sell order
If down trend in the stocks price : Choose price Improvement buy order
Price Improvement order thus enables you to get lower prices while buying a stock and vice versa. To put it in perspective, customers have saved 0.56% by using this feature in trending markets.
How to place a Price Improvement Order
Tag Line: With Multi Price Orders, place order with 2 prices to reach your desired goal.
To get you to the desired price for the stock you wish to buy/sell, we have a product that offers you to place your order with two prices which is Multi Price Order
You can place 2 preferred prices, where if 1st preferred price does not come, system will execute at next preferred price. This brings you a step closer to order execution.
Buy Today & Sell Tomorrow: Sell your bought stocks before you get them in your Demat account.
Generally one can sell stocks only after receiving them in their demat account. However, with Buy Today & Sell Tomorrow, you can choose to sell your bought stocks before T+2 days also. On the next day of buying a stock, your buy order will get reflected under BTST page till T+2 days.
Note: BTST feature is available for selected stocks. Please check the availability before placing orders.
No opportunity lost, regardless of the Price movement in the Market!
Valid Till Cancelled Order offers you the flexibility to place order at your desired buy / sell price in limit orders as your order gets executed only when the stock reaches your desired price level.
Quick order placement tool to save your time
Timing your entry and exit in the stock market is as important as deciding which stock to buy. For this purpose, you keep tracking the right time to place orders. However, an opportunity may get lost if you have to start from scratch to place an order.
To comfort you in your day-to-day trading, we have Cloud Orders, a simple and quick order placement tool. Just as you save your favorites movies to watch later, you can save your favorite orders to place them later with just a click.
Note: Cloud Orders can be used for placing quick orders in Cash, Margin, Margin Plus, Futures and Options.
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Please note, investments in securities market are subject to market risks, read all the related documents carefully before investing. Kindly visit ICICIdirect.com for disclaimer and terms and condition of various brokerage plans mentioned.
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