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Geojit Financial Services

On this page
  • This section contains:
  • 1. How to Place an Order
  • 2. How to Square Off Positions?

Orders

Click any security in the watchlist to initiate a buy/sell order.

Last updated 1 year ago

This section contains:

  1. How to

  2. How to

1. How to Place an Order

To place Buy or Sell orders using the FLIP App, follow these steps:

  • Click the "Watchlist" Icon to open the Watchlist page.

  • Click the name of the "Current Watchlist"/ "Green Arrow" Icon at the top left-hand side to go to "All Watchlist".

  • Select the desired Watchlist.

  • Tap any symbol to open the Security Page.

  • Click the "Buy/Sell" Button.

  • You will be redirected to the Order Placement Page.

  • Choose/enter the Exchange, Order Type, Quantity, Price, Product Type, and Time Condition.

  • Next, click the "Review Order" Button.

  • The Order Confirmation Page will be displayed where you can re-check the details of your order.

  • After confirmation, click the "Place Order" Button at the bottom of the page.

  • You will receive a Confirmation Message with the status of your order placement.

  • There are "Repeat Order", "Open Order", and "Go to Position" Buttons .

    • Use "Repeat Order" to repeat the same order.

    • Use "Go to Position” to go to the "Positions" tab in your Portfolio.

    • Use "Open Order" to go to your Open Order Book

2. How to Square Off Positions?

  • You can "Square Off" an Open Trading Position from the Positions section.

  • You can "Square Off" investments from the Holdings section.

To "Square Off" an Order, follow these steps:

  • Select the "Holdings" or "Positions" tab depending on which position you want to exit.

  • Select the desired Position.

  • This will open a Position Summary including details such as the "Current Market Price", your "Average Rate", and "Profit/Loss" on the Position.

  • Click on the "Square Off" Button at the bottom of the page.

  • The Order Placement Page will open with the appropriate Order Type (buy or sell) and Quantity pre-filled based on your Current Position.

  • Other Order details such as the "Exchange", "Order Type" and "Time Condition" can be changed as needed.

  • Once you have entered all the details, click on the "Review Order" Button to re-check the details of your order.

  • After confirmation, click on the "Place Order" Button at the bottom of the page.

  • You will receive a Confirmation Message with the status of your order placement.

  • The trade will be executed in the market, and your Position will be "Squared Off".

Please Note: Squaring Off is typically done to realize any profit or loss on a Position.

"" is the process of closing your existing Position in the market, by taking an opposite Position.

This can be done from your Portfolio:

Click on the "Portfolio" Icon to open the page.

Squaring Off
Place an Order?
Square Off an Order?