Introduction :
Basket Orders are useful when you want to place a bunch of orders at different prices to get the benefit of Averaging.
1. Select the Exchange in which you wish to place your basket order.
2. Search the instrument or equity or commodity or futures/options that you wish to trade into.
3. Enter the High and Low of the Basket Order. For Ex: if you want to place 10 orders for Reliance between 1390-1450, put high as "1450" and low as "1390".
4. Select the basket size. (i.e no of orders that you want to place.)
5. Select the "Equally Distributed Basket Order" to place orders as equal price difference.
6. Total Quantity / Lots : Provide the total quantity that you want to trade into. (ex: u want to but 500 shares of Reliance between, you will put 500. Similarly, if you want to buy 5 lots of Reliance in 5 different orders, you will put Lots as 5)
7. Now, you can place the buy or sell basket orders.
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