Market, Limit and Stop-Loss Orders: Placing Orders in Angel One
Published 2026-10-16 · Aadarna Stock Broking Pvt. Ltd.
Unofficial guide. Written by Aadarna Stock Broking Pvt. Ltd., an Authorised Person of Angel One Ltd., to help account holders. App screens and menu names change with updates, so follow the steps shown in your app. For official help, visit the support section of angelone.in.
Key takeaways
- A market order executes at the best available price; a limit order executes only at your price or better.
- A stop-loss order uses a trigger price to place an order when the price reaches a level you set.
- Product type (delivery or intraday) and validity (day or other) change how the order behaves.
- Check every field on the order screen before you confirm.
The order screen in any trading app has several choices that can change what happens to your money. Understanding them prevents expensive mistakes, such as buying at a much higher price than expected. This guide explains the common order types you will see in the Angel One app. It is about how orders work, not what to buy or sell.
Screens change with app updates, so check the current options in the Angel One app or the support section of angelone.in.
Market order
A market order buys or sells immediately at the best price available in the market at that moment. It is quick, but you do not control the exact price. In shares with few buyers and sellers, or when prices are moving fast, the executed price can be noticeably different from the last price you saw.
Limit order
A limit order lets you set the price. A buy limit order executes only at your price or lower; a sell limit order only at your price or higher. If the market does not reach your price, the order stays pending and may not execute at all.
For example, say a share is trading near ₹500 and you place a buy limit order at ₹495. It will execute only if a seller is available at ₹495 or less.
Stop-loss orders
A stop-loss order has a trigger price. Nothing happens until the price reaches the trigger; then an order is sent to the exchange. There are usually two kinds:
- Stop-loss limit: when triggered, a limit order is placed at the price you set. It may not execute if the price moves past it quickly.
- Stop-loss market: when triggered, a market order is placed. It is more likely to execute, but the price can be worse than the trigger in a fast market.
Traders use stop-loss orders to limit losses on a position, but they do not ensure a particular exit price.
Product type and validity
- Delivery: shares are taken into your demat account after settlement.
- Intraday: the position must be closed the same day and may be squared off automatically. See our article on [intraday vs delivery](/blog/intraday-vs-delivery).
- Day validity: the order is cancelled at the end of the day if not executed.
- Immediate or cancel (IOC): whatever can execute immediately does; the rest is cancelled.
- Some apps also offer orders that stay active across days until a trigger is hit. Check the conditions in the app before using them.
Checklist before you confirm
- Buy or sell: is it the right side?
- Exchange and security: is it the exact one you intended?
- Quantity: no extra zero.
- Order type and price: market or limit, and the price you meant.
- Product type: delivery or intraday.
- Funds or holdings: enough to complete the order.
After placing an order
Check the order book. An order can be open, executed, partly executed, cancelled or rejected. Rejections show a reason, such as insufficient funds or a price outside the allowed range. You can usually modify or cancel open orders. Once executed, the trade appears on your contract note for the day.
Frequently asked questions
Why did my limit order not execute?
The market price did not reach your limit price, or there were not enough buyers or sellers at that price.
Why was my order rejected?
Common reasons are insufficient funds or holdings, a price outside the share's price band, or a segment not being active. The order book shows the reason.
Does a stop-loss order fully protect me from losses?
No. A stop-loss order does not guarantee an exit price. In fast markets, the executed price can be worse than the trigger, or a limit order may not execute.
Sources
Risk disclosures on derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to ₹50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Source: SEBI study dated January 25, 2023 on "Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment", wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.