Amo Order Timing in Zerodha Explained in Detail

In Zerodha, an Amo order is a market order that is executed at the best available price, but with a twist - it's executed in the opposite direction of the market movement. This type of order is useful for traders who want to limit their losses or lock in profits.

Zerodha's Amo order timing is based on the order type, with different timings applying to different types of orders. For example, an Amo order for a sell position will be executed when the price moves in the opposite direction, which is when the market is moving up.

The Amo order timing in Zerodha is also dependent on the stop-loss price, which is the price at which the order is triggered. If the stop-loss price is set too close to the current market price, the order may not be executed due to the opposite direction of the market movement.

In Zerodha, the Amo order timing is also affected by the order quantity, with larger quantities taking precedence over smaller ones. This means that if you have multiple orders with the same price and stop-loss, the one with the larger quantity will be executed first.

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AMO order timing in Zerodha is available in different segments, including equity, currency, and commodity.

In Zerodha, AMO order timings for equity are from 3:45 PM to 8:57 AM for NSE and 3:45 PM to 8:59 AM for BSE. Currency and futures and options have the same timing of 3:45 PM to 8:59 AM and 3:45 PM to 9:10 AM respectively.

However, commodity trading allows AMO orders at any time during the day.

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In Zerodha, you can place AMO orders at different times depending on the segment you're trading in.

The market hours for equity trading on NSE and BSE are from 3:45 PM to 8:57 AM and 3:45 PM to 8:59 AM respectively.

Currency trading in Zerodha has a similar time frame, from 3:45 PM to 8:59 AM.

Futures and Options trading have a slightly longer window, from 3:45 PM to 9:10 AM.

However, commodity trading has a more flexible schedule, allowing you to place orders at any time during the day.

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But there's an important caveat: Zerodha's maintenance activity between 1:00 AM to 5:30 AM means you can't place AMO orders during this time.

Here's a quick summary of the AMO order timings in Zerodha:

Keep in mind that AMO orders will be executed only during the pre-market session after 9:07 AM to 3:20 PM.

In Zerodha, AMO orders can be placed after the market closes or before it opens, and the exact timings may vary depending on the trading platform or brokerage you use. Typically, AMO orders can be placed in the evening after market hours and remain active until the pre-market session or regular market hours begin the next day.

The timings for placing AMO orders in Zerodha are as follows:

It's worth noting that AMO orders can be placed up to 5:30 AM in Zerodha, but not between 1:00 AM to 5:30 AM due to maintenance activity.

You can place an AMO order in Zerodha during the pre-market session after 9:07 AM to 3:20 PM.

The broker allows you to trade in different segments: equity, currency, and commodity.

In Zerodha, the market hours for these segments are different, and so are the AMO order timings.

Here's a breakdown of the timings at which you can place an order in the Zerodha app:

Zerodha doesn't allow you to place an AMO order between 1:00 AM to 5:30 AM due to maintenance activity.

Non-POA account holders will face an error while placing an AMO order because of the requirement of TPIN authorization by Zerodha.

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Zerodha Charges are relatively low, with a flat fee of ₹20 per trade for equity, currency, and commodity segments, and ₹20 per lot for futures and options.

The brokerage charges are the same for both online and offline trades, making it a cost-effective option for investors.

Zerodha charges no GST on brokerage, but the GST is applicable on other charges such as transaction charges, which range from ₹6 to ₹12 per crore.

Additionally, Zerodha charges a maintenance fee of ₹20 per year for inactive accounts.

This fee is waived off if you make at least one trade in a year, making it a hassle-free experience for investors.

Aftermarket Orders can be placed after regular trading hours, specifically before 9:15 AM when normal trading resumes the next day.

The closing time for AMOs varies for different market segments. Investors can place limit orders for buying or selling shares in after-market orders.

In after-market orders, liquidity tends to be lower due to reduced participation, and volatility levels are often higher. This can result in price ranges for limit orders being set by the exchange, offering more stability.

Here's a comparison of Regular Market Orders and After-Market Orders in a table format:

Aftermarket orders can be categorized into a few key types.

One of them is Limit Orders, which allow you to set a specific price at which you're willing to buy or sell a security.

Another type is Stop Orders, which are designed to limit your losses or lock in profits by automatically executing a trade when a certain price is reached.

There are also Market Orders, which execute immediately at the current market price.

And then there are After Market Orders, which are placed after the regular market hours have closed.

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Regular trading hours are from 9:15 AM to 3:30 PM in India, where investors can place orders for both market and limit orders.

During regular trading hours, a higher number of participating investors and higher liquidity are typically observed, resulting in lower volatility.

After-market orders, on the other hand, can be placed after regular trading hours and before 9:15 AM the next day, with only limit orders allowed for buying or selling shares.

After-market orders generally involve fewer participants and lower liquidity, leading to higher volatility levels.

Here's a comparison of Regular Market Orders and After-Market Orders in a table:

The closing time for after-market orders varies for different market segments, and prices for limit orders are set by the exchange, offering more stability.