Knowledge Base

Q. How to place a recommendation order with a “Buy in Amount” option?

Step 1: On the US dashboard, you will find multiple recommendations.
Step 2: Tap on the recommended stock to read the Rationale, which explains why SAMCO has suggested this trade. This helps you understand the logic behind the recommendation.
Step 3: All the updates like stop-loss update, target update, partial exit, etc. regarding this recommendation will be displayed in the updates tab.
Step 4: Tap on the Buy button. On the pre-order page, select ‘Buy in Amount’ from the order options.
Step 5: Please note that Limit-Orders are not available when using the “Buy in Amount” option.
Step 6: Enter the amount you want to invest.
Step 7: If you want to use the recommended target and stop-loss values, enable the “GTT—Target & Stop-loss” toggle and place a Target & Stop-loss GTT order.
Step 8: Review the approximate total funds required, including applicable charges.
Step 9: Tap on Buy. Since limit orders aren’t allowed in this mode, the order will be executed at the market price. 

Q. How to place a recommendation order with “Buy in Quantity” option?

Step 1: On the US dashboard, you will find multiple recommendations. Select the one you want to buy after reviewing its entry, target, and stop-loss levels.
Step 2: Tap on the recommended stock to read the Rationale, which explains why SAMCO has suggested this trade. This helps you understand the idea behind the recommendation.
Step 3: All the updates like stop-loss update, target update, partial exit, etc. regarding this recommendation will be displayed in the updates tab.
Step 4: Tap the Buy button. On the pre-order page, select ‘Buy in Qty’ from the order options.
Step 5: Enter the quantity you want to buy.
Step 6: Both market and Limit orders are allowed when you choose the Buy in Qty option
Step 7: If you want to place the order at a specific price, select the Limit order and enter your desired price. Make sure the price you enter is within the allowed range.
Step 8: If you select Market Order, you don’t need to enter any price.
Step 9: Below the market order field, you’ll find a ‘GTT—Target & Stop-loss’ toggle. Enable it if you want to place a GTT order using the recommended  target and stop-loss values
Step 10: Review the estimated total funds required, including all applicable charges.
Step 11: Your order will be executed based on the Market or limit order selected.