Why can't AMO orders be placed beyond today's circuit limits?
Placing an After Market Order (AMO) for a price outside the current day's circuit limits is not possible until the exchange updates the circuit limits for the following day. Circuit limits for the next trading day are updated as below:
|NSE||Equity and Equity F&O - 5 PM, Currency - 5:30 PM|
|BSE||7 AM on the next trading day|
This error is displayed when the price entered in AMO is not within the range of circuit limits.
Did you know? GTT(Good till triggered) orders can be used to place AMO for a price beyond circuit limits. To learn more, see What is the Good Till Triggered (GTT) feature?