FAQs:
What is the Basket Orders feature in Upstox Pro?
Basket Orders allow you to place multiple buy or sell orders for stocks, futures, or options in a single transaction, making trading more efficient.
How many orders can I add to a single basket?
You can add up to 20 orders in a single basket.
Can I execute all orders in a basket at once?
Yes, you can execute all orders in a basket with a single ‘Swipe to Place Order’, sending them to the exchange in the same sequence as arranged.
Can I modify or delete orders in a basket?
Yes, you can:
- Edit price, quantity, or order type before execution.
- Delete unwanted orders.
- Rearrange order sequence for better control.
- Clone orders for quick adjustments.
What happens if a stock gets delisted or an options contract expires?
Upstox Pro automatically removes expired or delisted instruments from your basket to ensure smooth execution.
Can I track the performance of my Basket Orders?
Yes, you can track real-time order status and gain insights into live basket positions through in-depth P&L analysis.
Are there any additional charges for using Basket Orders?
No, there are no extra charges for creating and executing Basket Orders.
How can I create a Basket Order in Upstox Pro?
- Go to ‘Orders’ → ‘Basket’ → ‘Add Basket’
- Name your basket (minimum 3 characters)
- Add multiple buy/sell orders (stocks, futures, or options)
- Review and ‘Swipe to Place Order’
Can I save multiple baskets for different strategies?
Yes, you can create and save multiple baskets for different trading strategies.