Questions on behavior of java client.

kcsomisetty

Question#1
a. I placed an intra-day (MIS) buy order and orderId is 123.
b. I want to sell order#123 (aka exist position). how to do this ?

Should i place a sell order ? How to make sure this does not end up as short-sell order.

Question#2
Can i place an intra-day buy order and use KiteConnect.modifyProduct() to make it as CNC ?
is it allowed ?

sujith

1. Order is different from positions. You cannot exit position based on order id. Checkout Examples class of this repository https://github.com/rainmattertech/javakiteconnect/tree/master/sample/src
2. Yes, you can do using modifyProduct method in the same Examples class.

kcsomisetty

For Question#1,
i can not find anything from example.
Please let me know how to sell an MIS intra-day order,

Question#2
Thanks, this is a relief

sujith

Use product as MIS for intraday and CNC(EQ) or NRML(FNO) for delivery.
And checkout placeorder method in Examples class, it is stoploss intraday example.

Kailash

1) Yes, you have to place an opposite SELL order. To avoid short selling, check it against holdings/positions before you fire the order.

kcsomisetty

@Kailash can you elaborate on what you mean by "check it against holdings/positions before you fire the order."

Does this mean,
If I have BUY-MIS order in COMPLETE state, the
next SELL-MIS order is treated as opposite SELL order automatically, otherwise will treated as short sell.

is my understanding correct ?

sujith

@kcsomisetty Yes. You are right.

kcsomisetty

@sujith @Kailash I have tried the above said instructions,

But getting an error while placing a SELL order after my BUY/MIS is successful.

"Invalid order_type"

the params i used are
LMT/BUY/DAY for buy
LMT/SELL/DAY for sell

Can you let me know what is going wrong ?

sujith

@kcsomisetty Can post code, where you placing sell order?

kcsomisetty

Here you go.

//buy order

Map params = new HashMap() {
{
put("quantity", String.valueOf(tradeInput.per_order_quantity));
put("order_type", "LIMIT");
put("tradingsymbol", tradeInput.symbol);
put("product", tradeInput.product);
put("exchange", "NSE");
put("transaction_type", "BUY");
put("validity", "DAY");
put("price", String.valueOf(buy_price));
}
};
Order buyOrder = kite.placeOrder(params, "regular");

//sell order code
Map params = new HashMap() {
{
put("quantity", String.valueOf(tradeInput.per_order_quantity));
put("order_type", "LMT");
put("tradingsymbol", tradeInput.symbol);
put("product", tradeInput.product);
put("exchange", "NSE");
put("transaction_type", "SELL");
put("validity", "DAY");
put("price", String.valueOf(sell_price));
}
};
Order sellOrder = kite.placeOrder(params, "regular");


In both cases product is MIS and symbol is GMRINFRA

sujith

@kcsomisetty order_type for sell is 'LIMIT' not 'LMT'.

kcsomisetty

@sujith lol!. i feel stupid. will try.