What is Default Order Setting? Where I can check this?

The Default Order Setting allows you to pre-define key order preferences so that each time you place a trade; the system automatically applies these settings. You can customize the following options:

• Order Type: Choose from Market Order, Limit Order, Stop Loss (SL), or Stop Loss Market Order (SL-M).
• Order Validity: Set whether the order is valid for the day (Day Order) or should be executed immediately or cancelled (IOC – Immediate or Cancel).
• Product Type: Select between Intraday (position squared off the same day) or Delivery (holdings retained beyond the trading day).
• Default Quantity: Set a default quantity for any scrip, which will be auto-filled during order placement.

Once set, these preferences will be auto-selected each time you place an order, saving time and reducing manual input.

Steps to Check and Modify Default Order Settings:

1. Log in to your Share India trading account.

2. Navigate to:
Profile → Settings → Default Order Settings

3. In the Default Order Settings section, choose your preferred options for:

• Order Type
• Order Validity
• Product Type
• Quantity

4. Click the Back button to save and apply your changes.