How to Place Pre Market Order in ICICIdirect

Are you looking to get ahead of the stock market by placing pre-market orders? ICICIdirect offers investors the option to place orders before the market officially opens, giving them a competitive edge. In this article, we will walk you through the process of placing a pre-market order on ICICIdirect and how you can take advantage of this feature for your trading strategy.

Step 1: Log in to your ICICIdirect Account

Before you can place a pre-market order, you need to log in to your ICICIdirect account. Make sure you have your login credentials ready.

Step 2: Place Pre Market Order

Once you are logged in, navigate to the trading section and look for the option to place a pre-market order. It is usually labeled as 'Pre-open session' or 'Early Morning Session'.

Step 3: Enter Order Details

Enter the details of your order, including the stock symbol, quantity, and price at which you want to buy or sell the stock. Make sure to double-check all the information before submitting your order.

Step 4: Review and Confirm

Review all the details of your order to ensure everything is correct. Once you are satisfied, confirm your pre-market order. You may receive a confirmation of your order placement.

Benefits of Pre Market Orders

Placing pre-market orders can be advantageous for investors looking to react quickly to pre-market news or events that may impact stock prices. It allows you to set your trading strategy before the market officially opens, giving you a head start on your trades.

Final Thoughts

Now that you know how to place a pre-market order in ICICIdirect, you can take advantage of this feature to enhance your trading strategy. Be sure to stay informed about pre-market news and events that may influence stock prices to make informed decisions when placing pre-market orders.