4.9How to place a buy order
1What is it?
Open the stock, tap Buy, choose product (delivery/intraday), quantity, order type and price, then confirm.
2Why does it exist?
Each choice changes what happens. Delivery means you keep the shares; intraday means you must sell the same day.
3Stock market example
Key fields:
- Product: CNC/Delivery (hold), MIS/Intraday (same day).
- Quantity: number of shares.
- Order type: Market, Limit, Stop-loss.
- Validity: Day (cancels at close) or IOC (Immediate or Cancel).
4Diagram
9:41Buy order●●●
INFY · NSE
Infosys Ltd
BUYSELL
Delivery (CNC)Intraday (MIS)
Quantity6
Order typeLimit
Price₹1,495.00
Stop-lossoptional
Approx. value₹8,970
Available cash₹10,000
Swipe to BUY
Illustrative screen · prices are made up
5Quick revision
- Choose product, quantity, type and price.
- Delivery = keep; intraday = same-day exit.
- Review before confirming.
6Knowledge check
Q1. Which product do you choose to hold shares for months?Show answer
Delivery (CNC).
Q2. What does IOC mean?Show answer
Immediate or Cancel: fill now, cancel any unfilled part.
Q3. What happens to a "Day" order not filled by close?Show answer
It is cancelled.
See it live on MojoStox