CAS - applicable price band

sushanta04
Hi,
For CAS eligible stocks, if i want to place a limit order through the API, how do i fetch the upper and lower limit (+3% / -3%) for a symbol ? will it be served through the upper and lower circuit... how will the equilibrium price or the reference price be served through the API ? i guess LTP wont work and not sure if OHLC fetching will work ? can you explain with details so it can be coded appropriately. Thanks.
  • Nivas
    how do i fetch the upper and lower limit (+3% / -3%) for a symbol ? will it be served through the upper and lower circuit
    Yes, the circuit limit will be refreshed based on the reference price during CAS. You may call quote endpoint to know the latest circuit limits and place the orders accordingly.
    how will the equilibrium price or the reference price be served through the API ? i guess LTP wont work and not sure if OHLC fetching will work ?
    The equilibrium price becomes the official closing price of the stock. The closing price currently updates at EOD; the same will be followed.

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