What are baskets and how do i use them?
Baskets are orders in groups of scrips (stocks, ETFs, F&O contracts) that can be connected to your triggers for easy one-click execution. You can also instantly place a basket order on Kite without triggers.
What this means is, when any of your trigger conditions are met, an alert will be triggered and through the alert notification (email/kite push) you will you get the option to place one-click orders (with pre-set parameters such as buy/sell, quantity, price, trigger price, order type, product type etc.) in the basket which is connected to that trigger.
To create a basket login to https://sentinel.zerodha.com/baskets
Sentinel is completely free.
BO/CO orders and AMO orders aren’t supported as of now. Check out this post on Z-connect to learn more.