Zerodha Pre-open Order placement

Pre-open session orders on Zerodha

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The pre-open session on NSE / BSE runs from 09:00 to 09:15 IST. During this window, Zerodha Kite accepts orders that participate in the opening call auction.

Phases

PhaseTime
Order collection09:00 to 09:08
Order matching09:08 to 09:12
Buffer / transition09:12 to 09:15
Continuous trading begins09:15

Order types accepted

Order typePre-open accepted
LimitYes
MarketYes
Stop-lossYes
GTTStored; not active in pre-open
Bracket / CoverNot in pre-open; from 09:15

How orders match

During the 09:08-09:12 matching window:

  1. Exchange aggregates all orders received.
  2. Computes the indicative opening price that maximises matched volume.
  3. Matchable orders execute at the opening price.
  4. Unmatched orders carry over to the continuous session.

Tips for retail traders

  • Limit orders preferred for predictable execution.
  • Market orders may execute at the indicative open (which can swing).
  • Watch the indicative price during 09:08-09:15 to gauge overnight sentiment.

See also

External references

References

  1. NSE India, Pre-open session methodology, nseindia.com.
  2. Zerodha Support, Pre-open session orders, support.zerodha.com.

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